FCC finalizes $6 million fine over AI-generated Biden robocalls

(Reuters) – The Federal Communications Commission on Thursday finalized a $6 million fine for a political consultant over fake robocalls in imitating President Joe Biden that sought to dissuade people from voting for him in a New Hampshire’s primary election. In May, Steven Kramer, a Louisiana Democratic political consultant was indicted in New Hampshire over…

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Bavarian Nordic gets $63 million US government order for small pox, mpox vaccine

(Reuters) – Bavarian Nordic has received an order worth $63 million from the U.S. government to produce additional bulk product and the final freeze-dried doses of its mpox and smallpox vaccine, Jynneos, it said on Tuesday. As per the contract, the Danish biotech company will manufacture 1 million freeze-dried vaccines to be delivered by 2026,…

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US FTC fines Invitation Homes $48 million over hidden fees

(Reuters) -Invitation Homes, the largest U.S. landlord for single-family homes, agreed to pay $48 million to settle the U.S. Federal Trade Commission’s claims it deceived renters about lease costs. The company charged tens of millions of undisclosed fees between 2021 and 2023, including charges for air filter delivery, smart home technology, and “utility management,” the…

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Blackrock secures Italy’s approval to hold more than 3% in Leonardo

ROME (Reuters) – BlackRock, the world’s biggest asset manager, has secured Italian government approval to hold a stake of more than 3% in defence and aerospace group Leonardo, a government document showed on Monday. The document, sent by Prime Minister Giorgia Meloni’s office to parliament, deals with so-called “golden power” decisions. Italy’s government has “golden…

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Trump Media shares tumble to new lows after insider selling curbs expire

Shares of former U.S. President Donald Trump’s media company tumbled over 5% to a new low on Monday, extending recent losses after restrictions on insider selling expired. Six straight sessions of declines in Trump Media & Technology Group, which is 57% owned by the Republican presidential candidate, have left its market capitalization at $2.5 billion….

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