Aaron Gregg, Washington Post

Aaron Gregg

Washington Post

Washington, DC, United States

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Recent articles by Aaron:

FTC sues to block $4.4 billion defense merger

Lockheed Martin, the world's largest defense contractor by revenue, had sought to gain additional scale with the purchase of Aerojet Rocketdyne. The Federal Trade Commission wants to block the merger. → Read More

U.S. stocks slide as market volatility continues

An impending shift in monetary policy threatens to reshape the playing field for investing in 2022. → Read More

Why the pandemic’s work-from-home tech darlings are falling back to earth

Netflix, Peloton and other companies were wildly popular when people first started working from home. Now they are under pressure. → Read More

Peloton stock plunges following report it will halt production

CNBC, citing internal documents, says the company will hit pause amid slowing demand for its connected Bike and treadmill. → Read More

Bank of America slashes fees for overdrawn accounts

It’s the latest big bank to shift gears on the controversial penalties, which regulators and consumer advocates call exploitative. → Read More

Gambling boom in 2021 sets new record after pandemic slump

The commercial gaming industry made over $44 billion in revenue in 2021, surpassing a record set in 2019. → Read More

5 GOP-led states extend unemployment aid to workers who lose jobs over vaccine mandates

Critics says the rule changes in Arkansas, Florida, Iowa, Kansas and Tennessee are incentivizing people to skip shots and undermining the White House’s pandemic response. → Read More

Crypto magnate Justin Sun heading to space on Blue Origin flight

The tech entrepreneur reveals himself to be the mystery winner of the company's auction with a $28 million bid, then announces plans to select five people to go with him. → Read More

Kellogg’s striking cereal workers await results of latest contract vote

The walkout by 1,400 union members in Michigan, Nebraska, Pennsylvania and Tennessee has been ongoing since Oct. 5. → Read More

Retail CEOs say online marketplaces are fueling ‘flash mob’ robberies. They want Congress to step in.

A letter signed by the chief executives of Best Buy, Target, Nordstrom and other brands urged lawmakers to make it harder for people to remain anonymous when they sell things online. → Read More

China Evergrande has defaulted on its debts, Fitch says

The Chinese developer has been staggering under the weight of $300 billion in liabilities. → Read More

Capital One to end overdraft penalties as CFPB takes aim at ‘exploitative junk fees’

The bank says it will no longer charge customers when their account balances dip below zero, ending a revenue stream estimated at $150 million a year. → Read More

What time will stores open on Thanksgiving and Black Friday?

J.C. Penney, Kohls, Big Lots and more are opening early on Black Friday to give holiday shoppers a head start. → Read More

Ford will take a run at chipmaking with GlobalFoundries deal

The tie-up comes amid a global semiconductor shortage that has gridlocked automakers for more than a year. → Read More

Johnson & Johnson will split into two public companies

The pharmaceutical and medical devices divisions will be separated from the consumer products business known for Band-Aid and Tylenol. → Read More

Former UAW officer accused of embezzling $2 million

Federal prosecutors say Timothy Edmunds of Local 412 in Michigan used much of those funds for gambling, high-end vehicles and luxury clothes. → Read More

Tesla stock slides after Elon Musk asks Twitter if he should sell 10 percent of his stake

In 2018, federal regulators charged Musk with securities fraud about a potential effort to take Tesla private. The Securities and Exchange Commission alleged that a “series of false and misleading tweets” caused Tesla’s stock price to jump more than 6 percent that day and significantly disrupted the market. Musk and Tesla ultimately reached a settlement with the SEC, with each paying a $20… → Read More

John Deere workers reject contract offer, extending strike into third week

About 55 percent of the unionized workers voted down a contract offer that included a 10 percent pay raise this year. → Read More

Elon Musk says Tesla has not signed contract with Hertz

The electric vehicle-maker's stock price fell 4.5 percent in early-morning trading after CEO Elon Musk implied his company's massive deal with Hertz may not be finalized. → Read More

Twitter’s new strategy to fight climate lies: Give users accurate information first

The platform says it is using prebunks — “reliable, authoritative hubs of information” — to get ahead of misleading narratives. → Read More