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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 06, 2018
Page
12
Insurance Commissioner Doug Ommen cautions Iowans about investing in cryptocurrencies like bitcoin and litecoin. He describes these assets as high risk with unproven track records and fraud potential, urges homework, and notes lack of FDIC or central bank backing. Red flags include guaranteed returns and unsolicited offers.
U S regulators push hundreds of generic drugs to curb prices while India faces ongoing quality and safety concerns. FDA inspectors report data integrity failures at Dr Reddy's plant in Andhra Pradesh with workers deleting files. authorities warn of systemic issues as the agency tightens oversight.
Southwest Airlines agrees to a 15 million settlement to resolve nationwide antitrust claims by passengers alleging a conspiracy among the four largest U.S. carriers to raise fares by reducing seating. The deal precedes actions against American Airlines Delta Air Lines and United Continental, which deny wrongdoing.
The Internet Association representing Facebook Google Netflix and other tech firms said it will sue the FCC to challenge its deregulatory broadband order. The group will intervene in lawsuits, arguing the rules undermine net neutrality and open internet protections.
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