Antitrust Probe Billion
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The Wall Street Journal - World
The $1.7 Billion Takeover Brawl Fueled by a Fear of China
A battle for control of the world’s largest zinc smelter is dominated by fears it could one day end up in China’s hands.3 hours ago - China -
CNBC - Business
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times.8 hours ago -
CNBC - Business
EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming, sources say
While EchoStar and DirecTV hope to complete a deal by Monday, no deal is assured, and the talks may still fall apart.9 hours ago -
Inc. - Business
Small Businesses Rush to Google's Defense in DOJ Ads Antitrust Case
The tech giant has found some unlikely friends in small-business owners who argue that Google's ad platform is critical for their enterprises.11 hours ago - Google -
The New York Times - Tech
How Google Defended Itself in the Ad Tech Antitrust Trial
The tech giant, which wrapped up its arguments in the federal monopoly trial, simply says it has the best product.12 hours ago - Google -
Financial Times - Business
BofA suspends bankers following probe into Asian stock offerings
An internal investigation is examining whether executives tipped off certain investors of upcoming secondary offerings13 hours ago -
ABC News - Tech
Amazon's $4 billion partnership with AI startup Anthropic gets UK competition clearance
Britain’s competition watchdog has cleared Amazon’s partnership with artificial intelligence company Anthropic because the $4 billion deal didn’t qualify for further scrutiny16 hours ago - United Kingdom -
MarketWatch - Business
Acadia Healthcare’s stock plunges after government probe into patient care
Acadia Healthcare Co. Inc. plummeted Friday after the operator of behavioral-healthcare facilities disclosed that it was the subject of a government investigation into how patients were treated.17 hours ago -
The Wall Street Journal - Tech
Amazon Spared U.K. Antitrust Probe Over $4 Billion Investment in AI Startup Anthropic
The investment handed the U.S. tech company a minority ownership position in Anthropic as part of efforts to support AI startups it sees as promising.18 hours ago - Amazon -
MarketWatch - Business
REA Group makes improved offer to buy U.K.’s Rightmove for $8.3 billion
REA Group’s new offer would give Rightmove’s shareholders a “mix and match” facility, that would let them pick a more cash-heavy deal20 hours ago -
The Hill - Politics
Boeing strike costs top $1.4 billion as pressure on company mounts
Two weeks after 33,000 Boeing machinists went on strike, the company is bracing for financial impact. The airplane maker has implemented cost-saving measures including a hiring freeze, temporary ...21 hours ago -
The Hill - Politics
Justice Department probe finds Mississippi police force violated residents' civil rights
An investigation by the Department of Justice (DOJ) found that a police department in the majority-Black city of Lexington, Miss., discriminated against Black people and sexually harassed women, as ...Yesterday -
CNBC - Business
Eric Adams federal probe hones in on little-known Turkish businessman
New York City Mayor Eric Adams was indicted Thursday but a relationship with a little-known Turkish businessman has come to light.Yesterday -
The Hill - Politics
Israel says it secured $8.7 billion military aid package from US
Israel announced Thursday that it had reached agreement with the U.S. for an $8.7 billion aid package to support ongoing military efforts. The funding for the package was appropriated by Congress ...Yesterday - Israel -
Inc. - Business
South Carolina's New Alphabet Data Centers Will Bring $3 Billion and 200 Jobs
The Google parent will build two new data center campuses in Dorchester County and expand its campus in Berkeley County.Yesterday -
CNBC - Business
Trump ally Matt Gaetz says House Ethics panel issued subpoena for him in sex, drug probe
Florida Republican Rep. Matt Gaetz, a close Donald Trump ally, said he will no longer comply with an ethics investigation into sex and drug use allegations.Yesterday - Donald Trump -
CNBC - Business
Super Micro shares tumble 12% after DOJ reportedly opens probe into company
Super Micro shares tumbled Thursday after a report that the Department of Justice opened a probe into the company.Yesterday -
MarketWatch - Business
This company had $1 billion in quarterly AI bookings — and it’s not a chip maker
Accenture’s stock rallied toward a six-month high Thursday, after the management consultant got back to beating earnings expectations and continued to tout itself as a play on the boom in ...Yesterday -
The Hill - Politics
Gaetz will 'no longer voluntarily participate' in 'nosy' Ethics Committee probe
Rep. Matt Gaetz (R-Fla.) told the House Ethics Committee that he will “no longer voluntarily participate” in the panel’s probe into him, accusing it of leading a “political payback exercise” and ...Yesterday -
CBS News - Top stories
Super Micro Computer shares plunge on report of federal probe
Super Micro Computer's stock price fell sharply after the Wall Street Journal reported the company faces a federal investigation.Yesterday -
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Inc. - Business
FTC Chair Lina Khan Maps Out Her Wide-Ranging Antitrust Game Plan
The head of the Federal Trade Commission discussed Big Pharma, Big Tech, and even Big Grocery on CBS's '60 Minutes.'2 days ago