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In this June 7, 2021 file photo, The Federal Hall statue of George Washington overlooks the New York Stock Exchange on June 7, 2021, in New York. Democrats have pulled off a quiet first in legislation passed this month: the creation of a tax targeting stock buybacks. The bill includes a new 1% excise tax on companies' purchases of their own shares, a tactic that companies have long used to return cash to investors and bolster their stock's price. (AP Photo/Richard Drew, File)

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Companies facing 1st tax on stock buybacks in Biden bill
By MARCY GORDON - AP Business Writer
Mon,08/15/22-11:11PM , 170 Reads
WASHINGTON (AP) — Democrats have pulled off a quiet first in their just-passed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corporate America that had long seemed untouchable.
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Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing, April 21, 2021 on Capitol Hill in Washington. Khan, the head of the Federal Trade Commission says she’ll continue to lead a robust agenda of actions and policies to help safeguard the data privacy of children online. The work will include toughened enforcement of protections under a long-standing law governing kids’ online privacy and paying attention to the algorithms used by social media platforms that target young people. (Saul Loeb/Pool via AP, File)

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FTC Chair Khan plans key work on kids' data privacy online
By MARCY GORDON - AP Business Writer
Wed,06/08/22-8:16PM , 187 Reads
WASHINGTON (AP) — The head of the Federal Trade Commission says the agency is pushing a robust agenda of actions and policies to help safeguard children's privacy online.
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Elon Musk speaks at the SATELLITE Conference and Exhibition March 9, 2020, in Washington. Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday, June 6, 2022 that the social platform included in a filing with the Securities and Exchange Commission. (AP Photo/Susan Walsh, File)

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Texas AG strides into Twitter takeover drama to bolster Musk
By MARCY GORDON - AP Business Writer
Tue,06/07/22-3:46PM , 456 Reads
WASHINGTON (AP) — State officials across the nation have taken on Big Tech companies in the courts and state legislatures, and federal regulators have nipped at Twitter over alleged violations of users’ data privacy.
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$Drivers and their tanker trucks capable of hauling water and hydraulic fracturing liquid line up near a natural gas burn off flame and storage tanks in Williston, N.D., on June 9, 2014. Under new rules proposed by the Securities and Exchange Commission on Monday, March 21, 2022, companies would be required to disclose the greenhouse gas emissions they produce and how climate risk affects their business, as part of a drive across the government to address climate change. (AP Photo/Charles Rex Arb$
Drivers and their tanker trucks capable of hauling water and hydraulic fracturing liquid line up near a natural gas burn off flame and storage tanks in Williston, N.D., on June 9, 2014. Under new rules proposed by the Securities and Exchange Commission on Monday, March 21, 2022, companies would be required to disclose the greenhouse gas emissions they produce and how climate risk affects their business, as part of a drive across the government to address climate change. (AP Photo/Charles Rex Arbogast)

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New corporate climate change disclosures proposed by SEC
By MARCY GORDON - AP Business Writer
Mon,03/21/22-11:53AM , 239 Reads
WASHINGTON (AP) — Companies would be required to disclose the greenhouse gas emissions they produce and how climate risk affects their business under new rules proposed Monday by the Securities and Exchange Commission as part of a drive across the government to address climate change.
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