Category: Concessions

Conservatives Celebrate ‘Significant’ Concession Wins During House Speaker Election

January 11, 2023
Business & MarketsConcessionsConservativeseconomic policiesKevin McCarthyPoliticsRepublicansUncategorizedUS
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After several days, 15 rounds of voting, and tough negotiations with 20 holdout Republicans, Rep. Kevin McCarthy (R-Calif.) was sworn in as speaker of the House of Representatives shortly after midnight on Jan. 7. Conservative groups declared a victory after the speaker offered several concessions to holdouts, the majority of whom are members of the…

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McCarthy’s Concessions to Freedom Caucus and What They Mean

January 7, 2023
ConcessionscongressFreedom CaucusKevin McCarthyPoliticsRepublicansUS
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Newly elected House Speaker Kevin McCarthy (R-Calif.) had to make numerous concessions to win over a holdout group of populist Republicans in order secure their votes. Here are the key concessions McCarthy had to make, including what some Republican strategists say is the key one—allowing just one member to move to vacate the speaker’s chair,…

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Nvidia Offers EU Concessions Over $54 Billion Arm Deal

October 6, 2021
ARMAsia & PacificBusiness & EconomyCompaniesConcessionsdealeconomyEUEuropeLocal NewsRegional-Local NewsUKUSUS NewsWorld
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BRUSSELS—Nvidia has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday. The deal announced by world’s biggest maker of graphics and AI chips last year has sparked concerns in the semiconductor industry over whether Arm could remain…

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Apple’s App Store Changes Face Scrutiny of Regulators, Lawmakers

September 3, 2021
appappleBusiness & EconomyCompaniesconcernsConcessionslawmakersregulatorsstoreTech
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In the space of a week, Apple Inc. made two sets of changes to its App Store rules, which are the subject of lawsuits, regulatory probes, and legislation around the world, but the tweaks do not address the biggest concerns raised. Lawmakers and regulators are considering dismantling the App Store business model, an outcome that…

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