Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Instagram Outage Disrupts Thousands of U.S. Users 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Thailand Inflation Remains Negative for 10th Straight Month in January 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Amazon wants the Federal Trade Commission Chairwoman Lina Khan removed from all of the antitrust cases that the company is facing. Jeff Bezos’ firm stated that it is making the request from the agency because the investigations should be unbiased.
Why the e-commerce giant wants to ban Lina Khan in its antitrust cases
As per Fox Business, before finally becoming the FTC chairwoman, Lina Khan spent many years urging the government to go after Amazon and made many public allegations too. Apparently, the company thinks that she will never pass just judgment as she has been against Amazon for years.
This is why the firm stated that its antitrust cases should be off-limits to Lina Khan. They asserted that she must have nothing to do with the investigations involving Amazon. If she will be part of the probe, given the fact she has been accusing the company of violations over the years, the company is more likely to lose in the cases.
"Given her long track record of detailed pronouncements about Amazon, and her repeated proclamations that Amazon has violated the antitrust laws, a reasonable observer would conclude that she no longer can consider the company's antitrust defenses with an open mind," part of the Amazon’s petition for Khan’s recusal reads. "Indeed, doing so would require her to repudiate the years of writings and statements that are at the foundation of her professional career."
Khan’s assignment as FTC commissioner
The company’s lawyers filed the petition to FTC on Wednesday, June 30. This move comes after Khan was sworn into office as the commission’s chairman a few weeks ago.
CNBC reported that Khan was appointed earlier this month after the Senate confirmed her to serve as a commissioner. During the session at the Senate, Khan told Sen. Mike Lee that she has no financial conflicts that may subject her to be disqualified under the ethics laws.
Lina Khan’s name became known within the antitrust circles due to her Yale Law Journal article that was published in 2017. It was titled “Amazon’s Antitrust Paradox,” and she wrote this while still a law student.
