FTC Approves Ad Buyers’ $13.5 Billion Merger But Bars Placement Based on Politics

In a landmark decision, the Federal Trade Commission (FTC) barred two major advertising buyers from restricting purchases based on ideological or political reasons. On June 23, the commission approved Omnicom Group Inc.’s $13.5 billion acquisition of The Interpublic Group of Companies Inc. However, in a consent order, the agency charged with protecting America’s consumers barred

FTC Restricts Political Boycotts by Ad Agencies

When the Federal Trade Commission approved a mega-merger between two ad agencies earlier this week, the regulator imposed a restriction on ideological and political collusion that could have far-reaching implications. On June 23, the commission approved Omnicom Group Inc.’s $13.5 billion acquisition of The Interpublic Group of Companies Inc. However, in a consent order, the

At NATO Summit, Trump Hails US Strikes on Iran’s Nuclear Sites, Says Progress Made on Gaza

THE HAGUE, Netherlands—At the NATO Summit’s opening on Wednesday, President Donald Trump lauded U.S. strikes on Iran, claiming they halted the Israel-Iran conflict, likening them to the Hiroshima and Nagasaki bombings that ended World War II. “That hit ended the war. I don’t want to use an example of Hiroshima. I don’t want to use

Federal Judge Orders Department of Transportation to Release EV Charger Funding to 14 States

A federal judge in Washington has ordered the Department of Transportation to release federal funding for building electric vehicle (EV) charging stations that had been previously awarded to 14 states. The funding in question comes from the National Electric Vehicle Infrastructure (NEVI) Formula Program, which was established under the Biden administration’s Infrastructure Investment and Jobs

Trump Hoping for Comprehensive Peace Agreement With Iran: Witkoff

Talks between the United States and Iran resumed one day after Iran and Israel reached a Washington-brokered cease-fire agreement, U.S. Special Envoy to the Middle East Steve Witkoff said on June 24, describing the discussions as promising. Witkoff made the comments in an interview on Fox News after Trump announced on June 23 that a

Rare Earth Startups Say Without Subsidies and Support, US Can’t Shake China’s Control

Without a federally supported market and strategic reserve stockpile, the United States will remain reliant on China for critical minerals and rare earth refining, experts told a House panel during two-plus hours of testimony on June 24 that exposed how vulnerable the global economy and the nation’s defense is to the whims of the Chinese