SAN FRANCISCO–(BUSINESS WIRE)– Slack Technologies, Inc. (NYSE:WORK) today announced that CEO and co-founder Stewart Butterfield will participate in an investor webcast hosted by Alex Zukin, Managing Director, Software Equity Research of RBC Capital Markets on Thursday, March 26, 2020 at 2:00 PM PT / 5:00 PM ET. On the webcast, Butterfield and Zukin will have […]
Monthly Archives: March 2020
FTC Acts to Stop False and Unsubstantiated Claims for Wagner OEX Brake Pads
Michigan-based Federal-Mogul Motorparts LLC (Federal-Mogul) has agreed to settle a Federal Trade Commission administrative complaint alleging that it made unsubstantiated claims that its aftermarket Wagner OEX brake pads could stop a vehicle in a shorter distance in an emergency and reduce the risk of collisions, as compared to competitors’ brake pads. The proposed order resolving […]
Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers
WASHINGTON—U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on Financial Services Sector Essential Critical Infrastructure Workers: “I strongly support the Department of Homeland Security’s recent guidance identifying financial services sector workers as essential critical infrastructure workers during the COVID-19 response emergency. The guidance provides information to State and local officials, as they work […]
Federal Trade Commission and Justice Department Announce Expedited Antitrust Procedure and Guidance for Coronavirus Public Health Efforts
The Federal Trade Commission and the U.S. Department of Justice Antitrust Division today issued joint statement detailing an expedited antitrust procedure and providing guidance for collaborations of businesses working to protect the health and safety of Americans during the COVID-19 pandemic. The expedited procedure notes, for example, that health care facilities may need to work […]
Public Schedule Update for the Week of March 23 – 29, 2020
SCHEDULE UPDATE: To accommodate ongoing negotiations on the Phase 3 economic relief package, the Financial Stability Oversight Council open meeting will be postponed until later in the week. Updated event information will be added to the Treasury public schedule as available. Postponed until later this week: Secretary Steven T. Mnuchin Financial Stability Oversight Council […]
FTC Gives Final Approval to Settlement with Background Services Provider over Allegations Related to Privacy Shield
The Federal Trade Commission has given final approval to a settlement with a New York company over allegations it misrepresented its participation in and compliance with the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States. The FTC alleged that T&M Protection Resources, LLC, […]
FTC Sends More than $6.9 Million in Refunds to Victims of Office Supply Scam
The Federal Trade Commission is sending refunds totaling more than $6.9 million to small businesses, non-profits, and government agencies targeted by an office supply telemarketing scam that charged them for products they did not order. The FTC alleged that defendants’ victims included child care centers, schools, and police and fire departments. According to the FTC, […]
Joint FTC and DOJ Letter Raises Concerns about California Assembly Bill 1541, which would Impose New Restrictions on Beer Manufacturers Who Wish to Terminate Distribution Agreement with Wholesalers
The staff of Federal Trade Commission’s Office of Policy Planning, Bureau of Economics, and Bureau of Competition, together with the staff of the Antitrust Division of the Department of Justice, have submitted a letter to California State Assembly Member Jim Wood raising concerns that California Assembly Bill 1541 would harm competition along the chain of […]
Treasury and Federal Reserve Board Expand Measures to Enhance Liquidity and Flow of Credit to American Workers, Households, and Businesses
WASHINGTON – The spread of coronavirus has disrupted economic activity and put significant liquidity pressure on U.S. businesses. To immediately enhance liquidity and support American workers, households, and businesses through this challenging period, U.S. Treasury Secretary Steven T. Mnuchin today authorized the expansion of two recently launched facilities and the establishment of three new facilities to […]
Request for 2019 Diversity Self-Assessments from FDIC-Regulated Financial Institutions
FIL-23-2020 March 23, 2020 Request for 2019 Diversity Self-Assessments from FDIC-Regulated Financial Institutions Printable Format: FIL-23-2020 – PDF (PDF Help) Summary: The FDIC’s Office of Minority and Women Inclusion (OMWI) is requesting diversity self-assessments from FDIC-regulated financial institutions for 2019 in accordance with Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act […]