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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 global death toll from the coronavirus has now topped 2,000, but that’s little compared to the flu. In the U.S. alone this season the CDC estimates at least 14,000 flu-related deaths. Still, the fear of coronavirus may be spreading faster than the virus itself. Quarantines, lockdowns and daily death toll updates have heightened the fear of the respiratory illness.Much of it stems from the unknown. The exact mortality rate is still a big question says Dr. Emily Landon, an epidemiologist and infectious disease specialist at the University of Chicago Hospital. “If you just have a cold you just stay home, and you never get tested. And so those people don't appear in the totals which make it look like it might be more deadly than it is” she says. Dr. Landon says the virus is causing alarm for several reasons: Everyone is susceptible, there is no vaccine yet and it’s unclear whether antiviral medicines will be effective. “More people that get this new coronavirus, it looks like more of them will die than the same number of people who get the influenza virus,” says Landon. Social media misinformation, like a global air travel map that went viral – incorrectly predicting the spread of the outbreak, have not helped. “Fear has driven the Chinese response to the crisis,” says Phillip Braun, a clinical professor of finance and Northwestern University’s Kellogg School of Management.That fear-factor he says is costing global financial markets“For China it is going to be billions for the U.S. it's unclear yet,” explains Braun.Suspended flights, supply chain disruptions and factory and store closures are already hurting major U.S. companies like Wal-Mart, Starbucks and Apple. “Apple's already announced their earnings are going to be reduced because their factories in China are shut down so they're not going to have enough supply of Apple iPhones here in the states,” says Braun.Still, public health officials like Dr. Landon are quick to point out that they are being vigilant about identifying cases, quarantining and in turn isolating the virus so it can’t reproduce.“The only thing that's really going to protect you is if you clean your hands before you touch your face. Period,” she says.Economists and healthcare experts agree that while there is cause for concern so far, there is not yet reason to panic. 2346

The EU27 has agreed that it will accept the UK's request for a #Brexit flextension until 31 January 2020. The decision is expected to be formalised through a written procedure.— Donald Tusk (@eucopresident) October 28, 2019 235

The coronavirus has had an impact on factories and shipments moving goods from China to the United States. Due to the coronavirus, some have expressed concern over whether the imports of wedding gowns and bridesmaid dresses could be disrupted. The American Bridal and Prom Industry Association told CNN that nearly 80% of the western-style wedding dresses produced worldwide are made in China. This has caused some consumers to put in their orders early, adding pressure to the supply chain. "They are loading up because everyone is really worried about a shortage in the summer," Stephen Lang, owner of Mon Cheri Bridals, told 640

The holiday shopping season is upon us and it’s never too early to start scoping out gift ideas, especially for the children in your life. It can be hard to shop for kids because of rapidly changing toy trends and the sheer amount of choices in stores. To help make things easier, some of the nation’s largest retailers have already released toy catalogs highlighting some of the year’s hottest toys. 413