EU needs 40-man antitrust workforce to implement new tech guidelines, official says

BRUSSELS, Oct 27 (Reuters) – EU antitrust regulators need to set up a 40-man workforce and rent a expertise skilled to implement robust new guidelines geared toward reining within the powers of Large Tech, an EU official mentioned on Thursday.

The principles referred to as the Digital Markets Act (DMA) units out a listing of do’s and don’ts for Alphabet (GOOGL.O) unit Google, Meta (META.O), Amazon (AMZN.O), Apple (AAPL.O), Microsoft (MSFT.O) and different gatekeepers which management entry to their websites and the info there.

Reuters solely reported in July that the European Fee was contemplating creating a brand new directorate

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Justice Division leaders are increasing their crackdown on cyber criminals and cryptocurrency abuse, a prime official mentioned

Deputy Legal professional Normal Lisa Monaco.AP Photograph/Susan Walsh

  • Deputy Legal professional Normal Lisa Monaco mentioned DOJ will search to “break up” the ransomware enterprise mannequin.

  • Monaco introduced the brand new director of an enforcement staff targeted on crime involving cryptocurrency.

  • Her remarks got here every week after the Justice Division seized greater than $3.6 billion in stolen Bitcoin.

A prime Justice Division official on Thursday mentioned the federal authorities’s latest and high-profile crackdown on the unlawful use of cryptocurrency is simply simply starting.

A prime Justice Division official on Thursday mentioned the crackdown on the unlawful use of cryptocurrency

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People can get medical insurance for lower than $10 month, well being official says

“Practically 4 out of 5 customers can discover protection at $10 or much less,” Chiquita Brooks-LaSure says as open enrollment deadline nears

Tens of tens of millions of People are with out medical insurance and half are folks of coloration, making lack of entry to well being care one of many many challenges Black People are going through in the course of the COVID-19 pandemic.

With the newest surge in new COVID-19 circumstances and the pandemic seemingly evolving into an endemic, it’s extra essential than ever that People have entry to reasonably priced well being care.

Medical insurance will be

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U.S. Treasury local weather official seeks insurance coverage modifications for excessive climate

By Andrea Shalal and David Lawder

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WASHINGTON, Sept 9 (Reuters) – Local weather-related climate occasions are costing American households, companies and insurers billions of {dollars} in losses, and there’s no signal that they’ll ease up, the U.S. Treasury’s prime local weather official advised Reuters on Thursday.

Local weather counselor John Morton stated Treasury’s Federal Insurance coverage Workplace (FIO) https://www.federalregister.gov/paperwork/2021/08/31/2021-18713/federal-insurance-office-request-for-information-on-the-insurance-sector-and-climate-related was in search of public enter to raised perceive and assess the insurance-related dangers posed by climate-related climate occasions such Hurricane Ida.

Hurricane Ida, https://www.reuters.com/enterprise/power/oil-losses-hurricane-ida-rank-among-worst-16-years-2021-09-07 which made landfall on Aug. 29 with 150 mile-per-hour (240 kph) winds, reducing most

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