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US subpoenas Snap Inc. on IPO disclosures, after shareholder lawsuit over Instagram

Thomas Trutschel/Photothek via Getty Images(NEW YORK) — Federal authorities have subpoenaed the social media company Snap Inc in an inquiry that appears to focus on Snap’s March, 2017 initial public offering, the company confirmed to ABC News Wednesday.Both the Justice Department (DOJ) and the Securities and Exchange Commission(SEC) have subpoenaed the company, which own the…read more »

FDA moves toward tougher regulation of e-cigarettes, Juul says it will limit sales of flavored e-cigs

iStock/Thinkstock(WASHINGTON) — The makers of e-cigarettes are facing new government restrictions on how the popular liquid nicotine products can be advertised and sold, with a top federal regulator making clear that industry hasn’t done enough to keep vaping devices away from young people.The U.S. Food and Drug Administration already bans the sales of e-cigarettes and…read more »

EPA announces plans to reduce pollution from heavy-duty trucks

iStock/Thinkstock(WASHINGTON) — The Environmental Protection Agency announced Tuesday that it plans to set new rules about pollution from heavy-duty trucks, which release more than 20 percent of pollution from transportation that contributes to smog.The “cleaner trucks initiative” aims to reduce emissions of nitrogen oxides, a group of gases that contribute to global warming and form…read more »

$1.5 billion Mega Millions jackpot still unclaimed

iStock/Thinkstock(NEW YORK) — The winner of the $1.5 billion Mega Millions jackpot has still not come forward to claim the prize.In late October, the winning ticket was purchased at KC Mart #7 in Simpsonville, South Carolina, making it the state’s first Mega Millions jackpot win, according to lottery officials.The winning ticket’s numbers matched all six…read more »

Amazon is coming to Queens. So are the helicopters.

Amazon.com(NEW YORK) — When Amazon builds its new Queens headquarters in Long Island City, the development will bring thousands of jobs, new construction, and, apparently, a helipad.Government officials in New York agreed to let the Seattle-based retailer include a helicopter landing pad at the new facility as part of the deal. But if the helipad…read more »

Amazon to announce new headquarters in New York City, Virginia

Amazon.comAmazon announces new headquarters in New York City, Virginia(NEW YORK) — Amazon on Tuesday said it chose New York City and a suburb of Washington, D.C., as the locations for its new headquarters.The Long Island City neighborhood of Queens, just across the East River from Manhattan, and Crystal City in northern Virginia, about a mile…read more »

Amazon announces new headquarters in New York City, Virginia

Amazon.com(NEW YORK) — Amazon on Tuesday said it chose New York City and a suburb of Washington, D.C., as the locations for its new headquarters.The Long Island City neighborhood of Queens, just across the East River from Manhattan, and Crystal City in northern Virginia, about a mile from the Pentagon, were selected by the retail…read more »