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Jul 15, 2019

When a $5-billion fine is still chump change

The FTC is set to issue a $5-billion fine against Facebook over data breaches. The Big Three will negotiate a new contract with its auto unions. Why U.S. banks should be thankful for regulation.

Signs for company Cambridge Analytica in the lobby of the building in which they are based on March 21, 2018 in London, England. — Signs for company Cambridge Analytica in the lobby of the building in which they are based on March 21, 2018 in London, England.
Chris J Ratcliffe/Getty Images

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Segments From This Episode

Facebook is facing a fine. What about Zuckerberg?
by Nancy Marshall-Genzer
Chris J Ratcliffe/Getty Images
The Federal Trade Commission is reportedly ready to hit Facebook with a fine of about $5 billion.
High stakes in automaker labor negotiations
by Meghan McCarty Carino
Bill Pugliano/Getty Images
The Big Three have a profitable decade behind them. But from changing consumer tastes to the advent of the autonomous car, threats loom on the horizon.
Why American banks are hammering the competition
by Justin Ho
Spencer Platt/Getty Images
Big U.S. banks have European banks beat. But many of the struggles European banks are facing could start affecting American banks soon.

Music from the episode

The Team

FTC approves $5-billion fine against Facebook - Marketplace