FTC finalizes privacy settlement with Facebook
The FTC votes to finalize a settlement with Facebook over exposing user details without proper consent. Facebook will face biennial privacy audits for 20 years and must obtain explicit user approval before changing public sharing settings. The case cites 2009 privacy control changes that made profiles and political views visible and data sharing with third party advertisers from 2008 to 2010 despite assurances.
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New York
Federal Trade Commission
Facebook
Facebook Inc
FTC
Google Inc
Myspace
Google
Kurds push oil policy to test Baghdad ties and profits
In Iraq the Kurdish region restarts oil exports through a Baghdad pipeline amid a pay dispute. Kurds seek 100,000 barrels a day to pressure Baghdad over 2011 terms while threatening to resume shutdowns if back payments are not released.
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Baghdad
Iraq
Turkey
Syria
Kurdistan
Hadi Jalo
Ashti Hawrami
Beiji
Monster Beverage stock slides after investigation disclosed
Monster Beverage Corp faced a new probe as it disclosed a subpoena from an unidentified state's attorney general office about its advertising and ingredients. The move comes amid rising industry scrutiny as energy drinks grow in popularity, especially among younger consumers, with leading brands expanding sales and debates over caffeine levels.
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Monster Beverage Corp
Corona
U.S. Securities and Exchange Commission
Beverage Digest
Monster
Red Bull
Rockstar
FDA
Dick Durbin
D-Ill
Federal Food and Drug Administration
Ex Arizona Commerce Authority chief to receive discretionary bonus
The former Arizona Commerce Authority chief exec Don Cardon will get a $60,000 discretionary bonus from private funds after leaving with more than two years left on his contract. He earned a $300,000 salary and helped create 5,610 jobs and $401 million in new capital investment, per the authority. The move drew criticism from critics and Democrats over transparency and executive pay. Brewer approved the contract closeout and a 15 percent pay raise for interim CEO Sandra Watson.
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Phoenix
Arizona Commerce Authority
Jan Brewer
The
Arizona Republic
Don Cardon
Cardon
Commerce Authority
Commerce
Authority
Arizona
Brewer
Matthew Benson
Sandra Watson
Cratic
Chad Campbell
Republic
Campbell
Wall Street
Est. and Sus Sales Snapshot
Estimated sales show 442849 as the figure, with Sus Sales at 197000. A Thursday update notes open interest at 745365, up 2423.
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