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The Justice Department is launching a formal antitrust review of the nation's biggest tech companies, raising the stakes for Silicon Valley after weeks of anticipation in Washington.The review appears wide-ranging and could cover conduct from numerous firms. Policymakers in Washington have increasingly focused on complaints of anti-competitive behavior concerning Amazon, Apple, Facebook and Google; while those companies were not named by the Justice Department on Tuesday, the agency indicated it will look into areas where those companies are dominant players."The Department's review will consider the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online," the DOJ 771

The Dow Jones Industrial Average is on quite a roller coaster ride. After the Dow Jones had its largest single-day drop in its history on Thursday, the index recovered in a big way on Monday, setting a single-day record for gains. The Dow closed on Monday up 1,293 points. The previous largest one-day rise in the Dow was on Dec. 26, 2018, when the Dow jumped 1,086 points. Although the Dow had a good day on Monday, it was not enough to erase the worst week the Dow has had since the financial crisis of 2008. The Dow lost nearly 4,000 points, or 15% of its value, last week. 589

The fight over the future of vaping isn't over in Michigan. In September, Gov. Gretchen Whitmer made Michigan the first state to ban the sale of flavored e-cigarettes. The governor argued the flavors lead to teen vaping. Michigan vape shops fought back and got a judge to block the ban. The preliminary injunction is a win for the businesses, but the governor is vowing the fight isn't over yet. "Ninety-percent of the products we sell are e-flavored," says Ron Pease. Pease is the CEO of Mister-E-Liquid in Grand Rapids, Michigan. The ban the governor put in place would cause major damage to his business. "We have 70 employees so that would impact all 70 employees," Pease says. While Whitmer argues vaping attracts youth, Pease disagrees. "That's the wrong path because the target demographic here at Mister-E-Liquid is 35 to 55,” Pease says.The judge that issued the temporary ban cited the damage it would do to businesses like at Mister-E-Liquid.Michigan's governor isn't backing down, vowing to take the case to the Supreme Court. This means a court ruling that lets vape shops sell their flavored liquids now does not mean they will continue to be on shelves forever. "You can’t take away 80-90 percent of your gross sales and still sport the same business as you did before, that’s economics 101," Pease says. 1332

The Dow Jones Industrial Average has been on a wild ride in recent weeks, with record drops and record gains becoming the norm. On Tuesday, the market had another record day. On Tuesday, the index gained more than 2,000 points for the first time in the history of the index, climbing back above 20,000 points to finish the day at 20,685. Overall, the Dow has lost about 8,000 points in the last six weeks. A number of companies that have seen massive losses in the last six weeks regained some ground on Tuesday, including Disney, Boeing, America Express and Visa. It was a better day for oil, which has been hard hit in recent weeks. Chevron shares jumped 18% on Tuesday. 685

The #FIFA president just walked in along with President @EmmanuelMacron and #EqualPay is chanted in unison in the stadium. pic.twitter.com/9HW4058tNo— Bénédicte Demarle (@BDemarle) July 7, 2019 205