News in brief
By The Associated Press
American Water victim of cyberattack
The largest regulated water and wastewater utility company in the U.S. says it was the victim of a cyberattack, prompting the firm to pause billing to customers. New Jersey-based American Water provides services to more than 14 million people in 14 states and on 18 military installations.
The company said Monday that it became aware of the unauthorized activity last Thursday and immediately took protective steps, including shutting down certain systems. The company doesn’t believe its facilities or operations were impacted by the attack and said staffers were working “around the clock” to investigate the nature and scope of the attack.
Supreme Court rejects appeal from ‘Pharma Bro’ Martin Shkreli
WASHINGTON | The Supreme Court on Monday rejected an appeal from Martin Shkreli, who was once dubbed “Pharma Bro” after jacking up the price of a lifesaving drug.
Shkreli appealed an order to return $64.6 million in profits he and his former company reaped after monopolizing the market for the medication and drastically increasing its price. His lawyers argued that the money went to his company rather than him personally.
The justices did not explain their reasoning, as is typical, and there were no noted dissents.
Judge: FTC can proceed with antitrust lawsuit against Amazon
A federal judge said the Federal Trade Commission can proceed with its landmark antitrust lawsuit against Amazon. But, he also gave the company a small victory by tossing out a few claims made by states involved in the legal fight.
The order, issued last week by Judge John H. Chun and unsealed on Monday, is a major defeat for Amazon, which has tried for months to get the case tossed out in court. A trial in the case is slated to be held in October 2026.
“We are pleased with the court’s decision and look forward to moving this case forward,” FTC spokesperson Doug Farrar said in a prepared statement. “The ways Amazon illegally maintains its monopolies and the harm they cause—including suppressed competition and higher prices for shoppers and sellers—will be on full display at trial.”
—From AP reports