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EU to lower ESG reporting metrics to boost competitiveness and reduce compliance costs

in EU Tech Loop on Share

In a discussion over its Omnibus package in Brussels yesterday, the European Commission announced amendments to the Corporate Sustainability Reporting Directive, aiming to reduce the scope of firms forced to comply with the law, and further delaying the reporting requirement by up to two years. The previous version of the CSRD required companies in scope to submit detailed reports on Environmental, Social, and Governance (ESG) metrics in line with obligations of…

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A narrow window for justice in Johnson & Johnson’s baby powder bankruptcy trial

in Central Jersey Newswire on Share

The third time is a charm for New Jersey’s Johnson & Johnson, as the pharmaceutical and biotech giant attempts to get a court-issued seal of approval on its long-awaited settlement offer and subsidiary bankruptcy plan, which is sitting before a Houston federal courtroom this week. Red River Talc LLC, the subsidiary tasked with handling the thousands of lawsuits related to J&J’s talc-based baby powder product and alleged…

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The American Path to Competitive Advantage

in The National Interest on Share

Editor’s note: In February, The National Interest organized a symposium on the U.S.-China technology race amidst the emergence of DeepSeek and ongoing legal battles over TikTok. We asked a variety of experts the following question: “What are the three most important technology policies that the U.S. should pursue or avoid to compete adequately with China?“ The following article is one of their responses. As a global economic and financial power…

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Trump’s actions on offshore wind energy won’t help consumers

in The Daily Press The Virginian-Pilot on Share

President Donald Trump was relentless on the campaign trail in his commitment to unleash American prosperity with an energy revolution. From the oil wells of the American West to the gas pipelines of the Midwest, Trump said his administration will reverse the anti-energy policies of the Biden White House by finally letting energy explorers and entrepreneurs do what they do best. But Trump’s energy revolution may have limits after he…

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DOGE Is Right To Defang the CFPB

in RealClear Politics on Share

With a big tech-powered magnifying glass on federal websites, spending contracts, and government payment systems, Elon Musk’s band of DOGE system admins have been turning Washington inside out in their hunt for waste, fraud, and abuse. One of the most prized agencies on the chopping block is the Consumer Financial Protection Bureau, heralded by progressives as an indispensable force for helping consumers wronged by financial institutions, but derided by fintech…

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Has the Era of Bull-Inspired Bitcoin Banking Already Begun?

in Bitcoin Bitcoin Policy Institute on Share

Not more than three days after Securities and Exchange Commission Chair Gary Gensler resigned from his post, one of his signature policies was nuked from existence. Issued on January 23, 2025, Staff Accounting Bulletin 122 rescinds SAB 121, originally issued by Gensler in March 2022. The previous bulletin provided guidance for financial entities and custodians holding any “crypto-assets,” requiring them to account for all cryptocurrencies primarily as…

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Yaël on Uber outlook, robotaxis and AI, and why tort reform can lower prices for riders | SchwabTV

in Videos on Share

Consumer Choice Center Deputy Director Yaël Ossowski is interviewed on Schwab Network TV with anchor Nicole Petallides on Uber’s latest earnings report, why they’re pivoting to robotaxis and AI, and how tort reform in the insurance markets could lower prices for riders who use rideshare apps. February 5, 2025

With RFK, It May Be ‘Golden Age’ for Cash-Hungry Lawyers

in RealClear Politics on Share

Should Coke be forced to use cane sugar again? Which food coloring will be banned next? What’s the fate of seed oils in the American diet and school lunches? These aren’t the musings of some fringe online health influencer; these are the rumored policy priorities of attorney and former Democratic-turned-independent presidential candidate, Robert F. Kennedy Jr., whose Senate confirmation hearing for the position of Secretary of the Department of Health…

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