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0 0.00134331222414125 0.00019190174630599 0 -0.00383803492611775 -0.00671656112070609 -0.00671656112070609 -0.00671656112070609
Stock impact report

Supreme Court seems wary of limiting federal regulators' power in a data privacy case [Yahoo! Finance Canada]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
The cellular companies appealed to the justices after the Federal Communications Commission found they sold customers' location data without proper safeguards. The FCC slapped the companies with hefty penalties totaling over $100 million. The telecom companies challenged the process as unconstitutional because it gives them little opportunity to tell their side of the story in court. Key justices seemed skeptical, however. “I wonder if, at the end of the day, you're really just talking about a PR problem,” Chief Justice John Roberts said. In arguments Tuesday, the Trump administration defended the penalty as an essential regulatory tool that does leave a path to court. Still, the companies appear to have scored a legal point when the government said companies don't have to pay immediately after getting a forfeiture notice, Justice Brett Kavanaugh said. “It seems like you've won on the law going forward one way or the other,” Kavanaugh told an attorney for AT&T and Verizon. The Show less Read more
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