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2025-01-13
Pheu Thai, BJT reaffirm their unitySafety is ‘at the core’ of TikTok, European executive saysEntrepreneur Grant Cardone speaks to Fox News Digital about the Biden administration's aggressive anti-big business agenda. The Biden administration's aggressive regulatory stance towards big businesses has stymied growth, a cohort of entrepreneurs, venture capitalists and other business sector experts expressed to Fox News Digital. Earlier this week, Albertsons abandoned its $25 million merger with fellow grocery store chain Kroger, after the Federal Trade Commission (FTC), led by President Biden appointee Lena Khan, sought to challenge the buyout, arguing it would stifle competition and raise prices. The challenge and the merger's eventual failure is the latest example of the Biden administration's offensive against big business. "We have literally had offers from strategic buyers to buy us, and we go to our counsel and the counsel says, 'Don't even try. The FTC will absolutely flag this thing, and you will spend tens of millions of dollars and be stuck in a bureaucratic hell answering questions in court for a year," said venture capitalist Ravin Gandhi, a former CEO who has been involved in multiple merger and acquisition deals and maintains a stake in a number of startups. ‘GOV’T KNOWS BEST': BIDEN ADMIN BREAKS OBAMA RECORD FOR FILLING FEDERAL REGISTER WITH MOST REGULATIONS "Lena Khan was explicit in talking about even mid-market M&A as a vehicle for monopoly. And anyone who has built a business and sold it, like I have, knows that's ridiculous." The headquarters of the Federal Trade Commission in Washington, D.C., is seen on Nov. 18. The chilling effect described by Gandhi has been echoed by other analysts, who say that the Biden administration's rhetoric and policies have required businesses to take matters into their own hands by abandoning or restructuring their transactions in the face of FTC and Department of Justice antitrust concerns. An analysis by international law firm Morgan Lewis found that under Biden, the vast majority — nearly three-quarters — of all transactions in which the government sought more details from companies about a proposed merger were subject to enforcement action. "America wants a different choice," said Cardone Capital CEO Grant Cardone. "This idea that Joe Biden is going to make the world more competitive is a red herring." Cardone, too, expressed frustration over regulatory battles with the Biden administration, noting that they have made it "almost impossible for people to do business." Cardone Capital CEO Grant Cardone attends Gateway Celebrity Fight Night 2024 in Scottsdale, Arizona, on April 27. Several other business leaders, venture capitalists and people with detailed knowledge of mergers and acquisitions echoed the concerns shared by Gandhi and Cardone that business growth has been stymied. "The FTC’s aggressive antitrust enforcement under the Biden administration has significantly dampened M&A activity, particularly in the tech sector," said Kison Patel, a financial tech entrepreneur and the host of "M&A Science," a podcast about mergers and acquisitions. "For example, one Fortune 10 tech company has scaled back its deal making from 30 to fewer than five transactions." CONSTRUCTION TRADE GROUP LEADERS LOOK FORWARD TO NEW LEADERSHIP UNDER TRUMP: ‘RELIEF ON THE HORIZON’ Armen Martin, a veteran merger and acquisitions attorney, added that in talking to venture capitalists, he had heard optimism about FTC Commissioner Khan's exit. She will be replaced by President-elect Trump's nominee for FTC Commissioner, Andrew Ferguson. "I think you will see a lot more M&A activity under the Trump administration as companies feel more confident that the government won't get involved," Martin said. President Trump holds gold scissors as he cuts red tape tied between two stacks of papers representing the government regulations of the 1960s and the regulations of today in the Roosevelt Room of the White House in Washington, D.C., on Dec. 14, 2017. CLICK HERE TO GET THE FOX NEWS APP Meanwhile, in a statement to Fox News Digital, FTC spokesperson Douglas Farrar said that the recently blocked grocery store merger "makes it clear that strong, reality-based antitrust enforcement delivers real results for consumers, workers, and small businesses." "Today's win protects competition in the grocery market, which will prevent prices from rising even more," he added.kyc iwildcasino com



Vikings thrive under coach of year favorite O'Connell, a relatable state for Packers with LaFleur

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49ers’ guard Dominick Puni reflects on the one (snap) that got awayThe Better Business Bureau of Mainland B.C. is urging people to be vigilant to avoid scammers during the postal strike. Since Nov. 15, around 55,000 members of the Canadian Union of Postal Workers have been on strike. During this time, some fake package delivery scams have been circulating. The Better Business Bureau offers tips for people to protect themselves from scammers as the strike continues. Avoid unsolicited offers from individuals or companies claiming they can deliver your mail or packages during the strike. Research reviews and check for a BBB Accreditation before choosing a service. Scammers may send fake messages claiming to be from Canada Post or alternative couriers, requesting payment for undelivered items or offering priority service. Do not click on links in unsolicited emails or texts. Instead, visit the official website of the courier service for updates. Be cautious of ads or posts on social media offering mail delivery services. Many fraudulent businesses advertise on platforms with the intention of stealing personal information or money. Use the official tracking tool provided by the seller or courier. Fraudulent companies may provide fake tracking numbers to appear legitimate. These include urgent requests for payment or sensitive information. Other warning signs include poor grammar, unprofessional logos or contact information that does not match official sources. Anyone who suspects a scam is urged to report it to the BBB Scam Tracker to help protect others. The scam tracker is online at .

Vince Dunn's second goal comes in overtime as Kraken rally past Canucks 5-4Florida State Representative Hillary Cassel of Dania Beach announced her switch from the Democratic to the Republican Party on Friday. This marks the second Democratic state lawmaker to switch political parties this month, following Tampa Representative Susan Valdés' change on December 9. Newsweek contacted Cassel via email on Saturday for comment. Why It Matters The unexpected shift has resulted in House Democrats losing four seats ahead of the 2025 session, with two losses from recent elections and two from party changes. The move particularly highlights divisions over Israel policy and questions about the Democratic Party 's connection with Florida voters. The changes also expand Republican control in the Florida House, potentially affecting future legislative priorities and voting dynamics. After Valdés' political switch, which created the largest Republican advantage in chamber history, she received an influential appointment as vice chair of the budget committee on December 17 from House Speaker-designate Daniel Perez. What To Know In her formal statement, Cassel framed her decision around several key themes. She emphasized her roles as both a mother and a Jewish woman, expressing desire to "build a world where our children are judged on their character and their actions not their labels." Cassel specifically cited growing concerns about the Democratic Party's stance on Israel, pointing to what she described as its "failure to unequivocally support Israel and its willingness to tolerate extreme progressive voices that justify or condone acts of terrorism." She also highlighted frustration with the party's ability to "relate to everyday Floridians." Looking ahead, she acknowledged potential disagreements with her new party while expressing optimism about collaboration: "I know I won't always agree on every detail with every Republican, but I do know that I will always have input, collaboration, and respect." The lawmaker praised the House Republican Conference for empowering members to "find common sense solutions to real issues facing all Floridians." Florida Democrats Respond In a statement on their official website, the Florida Democratic party responded to Cassel's exit: "Floridians put their trust and faith in Representative Hillary Cassel to fight for them but unfortunately today, they lost representation in the Florida House. Rep. Cassel's decision to change parties is deeply disappointing but we cannot afford to turn our backs on Floridians. "Florida Democrats face an uphill battle but that doesn't mean we give up. There are nearly 4.5 million Democrats in our state and millions more who believe in our values. They are counting on us to continue fighting for them to create a state that is truly free and affordable for all — and that's exactly what we're going to do." What People Are Saying Florida Democratic Party Chair Nikki Fried on X: "Now is not the time to back down and walk away, it's time for leadership and self-reflection. Floridians put their trust and faith in Representative Hillary Cassel to fight for them but unfortunately today, they lost representation in the Florida House." More from Fried on X: "This is not how we impact change & work towards improving the lives of our constituents. For those who choose to join a totalitarian party run by billionaires, who would rather make lives harder for seniors, vets, medically vulnerable & working class than pay their share of taxes." Political commentator Shea Jordan Smith on X: "Hillary Cassel was just reelected as a Democrat to the Florida State House on November 5, 2024. If she's citing the Administration's handling of the conflict between Israel and Palestine as the cause of her switch, why didn't she run as a Republican during this election cycle?" Democratic Florida Rep. Angie Nixon on X: "Rep. Hillary Cassel's decision to switch parties is a betrayal of the voters who entrusted her to represent their values as a Democrat." President-elect Donald Trump on Truth Social: "Congratulations to Hillary Cassel for becoming the second State Representative from the Great State of Florida to switch her Party affiliation from Democrat to Republican, once more expanding the GOP Supermajority in the State House! I would further like to invite other Disillusioned Democrats to switch Parties, and join us on this noble quest to Save our Country and, Make America Great Again - GREATER THAN EVER BEFORE. THANK YOU HILLARY!" What's Next The party switches will likely impact upcoming legislative sessions and could influence future party dynamics in Florida. With an enhanced Republican supermajority, the legislature may see shifts in voting patterns and policy priorities.Montana State Bobcats look forward to Puerto Rico basketball trip with Waded Cruzado

OpenAI details plans for becoming a for-profit company

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