Trending
Trump drops WeatherTech founder as FTC nominee in favor of an agency veteran. Technology
The Verge • 3d ago

Trump drops WeatherTech founder as FTC nominee in favor of an agency veteran.

The president wants more Republicans confirmed before Democrats take control of the Senate. Trump said the WeatherTech founder would instead become “Special Envoy for Manufacturing” and the FTC’s former consumer protection director Christopher Mufarrige would be nominated to the agency. The Senate Commerce Committee is considering another FTC nominee Tuesday. [Link: Nominations and Withdrawals Sent to the Senate | https://www.whitehouse.gov/presidential-actions/2026/11/nominations-and-withdrawals-sent-to-the-senate-ba2b/ | The White House]

FTC demands info from Uber, Lyft, DoorDash, and others in a personalized pricing probe. Technology
The Verge • 2w ago

FTC demands info from Uber, Lyft, DoorDash, and others in a personalized pricing probe.

It also asked airlines and retailers for detailed descriptions of how they use customer information to determine what prices to show. The non-enforcement probe is similar to one launched during the Biden administration, but the Republican-led FTC criticized the prior approach as “mistaken” because of its focus on middlemen. [Link: FTC Launches Personalized Pricing and Compensation Inquiry | https://www.ftc.gov/news-events/news/press-releases/2026/10/ftc-launches-personalized-pricing-compensation-inquiry | Federal Trade Commission]

Shein reportedly agreed to pay $100 million to settle an FTC investigation. Business & Economy
The Verge • 3w ago

Shein reportedly agreed to pay $100 million to settle an FTC investigation.

According to Reuters’ sources, the FTC was investigating Shein over “delivery delays and other customer complaints,” adding that the settlement would be “equivalent to 44% of Shein’s second-quarter profit.” The European Union also opened an investigation into Shein earlier this year over concerns about “addictive design” features and illegal product listings. [Link: Fast-fashion group Shein agrees to pay $100 million to settle US FTC probe | https://www.reuters.com/business/retail-consumer/fast-fashion-group-shein-agrees-pay-100-million-settle-us-ftc-probe-2026-10-23/ | Reuters]

Build #2612