World

Google sued by DOJ in antitrust case over search dominance

The Justice Department filed its long-awaited antitrust lawsuit against Google on Tuesday alleging the company has unlawfully maintained a monopoly in search by cutting off rivals from key distribution channels. Eleven Republican state attorneys general have joined the DOJ as plaintiffs. Google’s stock barely moved following news of the suit. Shares remained slightly positive in […]

World

ECB chief says arsenal of economic stimulus on standby amid upsurge of coronavirus cases in Europe

President of the European Central Bank Christine Lagarde holds a press conference during the informal meeting of European Union ministers for economic and financial affairs on September 11, 2020 in Berlin, Germany. Hayoung Jeon – Pool | Getty Images LONDON — European Central Bank President Christine Lagarde on Thursday said her organization would be prepared […]

World

Indonesia is putting business before the environment and that could be disastrous for its rainforests

The omnibus jobs creation law was intended to simplify Indonesia’s complex web of overlapping regulations to make it easier for companies to do business in the country. It includes changes to more than 70 laws across the labor, business and environmental sectors. Indonesian President Joko “Jokowi” Widodo has promised the law will help boost the […]