Month: July 2022

Walmart Turned a ‘Blind Eye’ to Fraudsters, Says FTC

A lawsuit filed by the Federal Trade Commission alleges Walmart turned a blind eye to fraudsters who used its money transfer services in its stores to scam consumers out of hundreds of millions of dollars, so that the retail giant could pocket the fees. Calling the allegations “factually flawed,” Walmart Read More

Climate change and SEC

Supreme Court Chills EPA’s Authority to Regulate Emissions

In a precedent-setting and highly controversial ruling, the U.S. Supreme Court Thursday curtailed the Environmental Protection Agency’s authority to regulate greenhouse gas emissions. In a 6-3 decision in West Virginia v. Environmental Protection Agency, the Court ruled that Congress—not the EPA—has authority to devise emissions limits for power plants. The Read More