TAG · Economy
Apple has renamed Lake Ontario as Lake America on its Maps application for users in the United States, following an executive order from President Donald Trump tied to the US-Canada trade dispute. The change applies only to US-based users,…
2026-09-02 · 3 MIN READU.S. District Judge Leonie Brinkema declined Wednesday to break up Google's digital advertising business, instead ordering the company to modify the system the government had argued should be dismantled. The Justice Department had sought…
2026-09-02 · 3 MIN READA federal judge on Wednesday rejected the Justice Department's request to break up Google's ad-tech business, marking the second time the company has avoided divestiture after being found to have illegally maintained a monopoly.
2026-09-02 · 3 MIN READBroadcom is set to report quarterly results Wednesday with analysts projecting its artificial-intelligence chip business will generate $100 billion in revenue in its next fiscal year. The projection comes as the chipmaker faces mounting…
2026-09-02 · 4 MIN READCasey's General Stores, the convenience-store operator that sells pizza alongside fuel, has risen to the fifth-largest U.S. pizza chain, pricing large pies at $13.99 — roughly 22% below comparable offerings — versus roughly $20 at…
2026-09-01 · 4 MIN READParamount has hired trial lawyer Beth Wilkinson to defend its $81 billion acquisition of Warner Bros. Discovery against a coalition of state attorneys general trying to block the deal. Wilkinson, 63, has won about 60 cases and lost four…
2026-08-28 · 3 MIN READThe Multicultural Business Coalition filed suit Monday in New York County Supreme Court against New York City and Mayor Zohran Mamdani over a plan to open five government-owned grocery stores, arguing the project would force local…
2026-08-24 · 3 MIN READThe Federal Trade Commission announced Monday a settlement with Zillow and Redfin resolving an antitrust complaint over a 2025 agreement in which Zillow paid Redfin $100 million to shut down its internet-listing services business and stay…
2026-08-24 · 5 MIN READA Wall Street Journal investigation found that President Trump personally directed the Justice Department to settle its antitrust lawsuit against Live Nation, an intervention that let the concert promoter keep Ticketmaster and retain…
2026-08-24 · 3 MIN READParamount is preparing to meet Monday with California officials to begin talks aimed at resolving the antitrust lawsuit blocking its $81 billion deal to acquire Warner Bros. Discovery, according to people familiar with the matter.…
2026-08-22 · 3 MIN READGeneral Motors' century-long reign as the top-selling automaker in the United States faces its sharpest challenge in decades from Toyota, with the sales gap between the two companies narrowing to about 100,000 vehicles through July 2026.…
2026-08-21 · 4 MIN READSpaceX has secured billions of dollars in U.S. government contracts and key FCC waivers during the Trump administration. More than $8 billion of the contract value is tied to the Golden Dome missile-tracking program, the Wall Street…
2026-08-20 · 3 MIN READU.S. District Judge Araceli Martínez-Olguín granted a temporary restraining order Monday pausing Paramount's $111 billion acquisition of Warner Bros. Discovery, freezing the deal in response to an antitrust lawsuit filed by a dozen states.
2026-07-20 · 3 MIN READU.S. Ambassador to Argentina Peter Lamelas did not attend an August 20 Chamber of Deputies committee hearing where lawmakers sought testimony on allegations that embassy officials pressured an Argentine cooperative to abandon its…
2026-08-20 · 3 MIN READ
The Federal Trade Commission on Wednesday released a proposed policy that could bring federal charges against companies that vary prices based on shopper data. The agency filed a preliminary report on the practice in January 2025.
2026-08-19 · 3 MIN READChinese carrier Sea Legend has begun regular container service linking the eastern Chinese port of Ningbo with Felixstowe in Britain via the Northern Sea Route, a service branded the 'Ice Silk Road' that could cut the conventional roughly…
2026-08-13 · 3 MIN READParamount said it could begin moving out of California as soon as October if it cannot settle the antitrust lawsuit that California and 11 other states brought to block its $81 billion acquisition of Warner Bros. Discovery. Chief legal…
2026-08-12 · 3 MIN READJ.P. Morgan analysts said Apollo's planned $7.7 billion takeover of easyJet could in the longer term pose a risk to the U.K. budget carrier's sector peers. The assessment appeared alongside updates on Wizz Air, DHL Group, Porsche, Lyft,…
2026-08-07 · 3 MIN READClimate change is making it more expensive for Malaysian durian growers to produce quality fruit, increasing pressure on orchard owners competing with Thailand and Vietnam in a booming export market to China, according to the Associated…
2026-08-06 · 3 MIN READTom Rahill removed 96 Burmese pythons from the Everglades to win the 2026 Florida Python Challenge, a 10-day competition that drew 907 participants from 30 US states, Canada and Vietnam. The event is part of a yearslong effort to reduce…
2026-08-05 · 3 MIN READSandoz Group, the Swiss maker of generic drugs, said Monday it agreed to pay $478.5 million in total to settle U.S. antitrust litigation over generic-drug pricing through two separate agreements — one with a consortium of 43 states and…
2026-08-03 · 3 MIN READCalifornia Governor Gavin Newsom has expressed concerns to people close to the state's antitrust lawsuit seeking to block Paramount's acquisition of Warner Bros. Discovery, saying the action would harm employment in Hollywood if successful.
2026-07-31 · 3 MIN READFord Motor Co. said Monday it has secured a Defense Department contract to develop three prototype tactical trucks for the U.S. Army, marking the automaker's largest pursuit of a military contract since the Cold War. The prototypes will be…
2026-07-27 · 3 MIN READT-Mobile US Inc. reported second-quarter profit of $3.24 billion, or $2.99 a share, up from $3.22 billion a year earlier, as postpaid service revenue rose 13% year-over-year to $15.85 billion. Revenue climbed 7.9% to $22.79 billion, just…
2026-07-23 · 3 MIN READThe Justice Department’s antitrust division plans to announce a new merger review policy that will require it to seek records from fewer executives and decide whether to close an investigation within about five weeks, department officials…
2026-07-23 · 3 MIN READThe European Union on Wednesday approved Paramount’s $81 billion takeover of Warner Bros. Discovery, requiring the Skydance-owned company to exit a long-running film-distribution venture with Universal within 13 months to address antitrust…
2026-07-22 · 3 MIN READInternal Amazon emails and court records reveal that the company pressured suppliers to raise prices on competing retail websites, according to a Guardian investigation and California antitrust lawsuit. The tactics included product…
2026-07-21 · 3 MIN READThe European Commission on Monday fined Chinese online marketplace AliExpress €550 million ($629 million) for failing to adequately crack down on the sale of unsafe and counterfeit products on its platform, the largest penalty ever imposed…
2026-07-20 · 3 MIN READProgressive, the nation’s largest personal auto insurer, faces a capital allocation dilemma as its profitability remains exceptional but its premium growth slows sharply, leaving it with an estimated $13 billion in excess capital. The…
2026-07-20 · 3 MIN READNew Conagra chief executive John Brase is mapping a turnaround that includes price increases on frozen meals, hot dogs and sausage, a $40 million brand investment and a review of the company's 5,500 product SKUs after the company reported…
2026-07-15 · 3 MIN READGetty Images on Tuesday scrapped its $3.7 billion merger with Shutterstock after Britain's antitrust regulator required the sale of Shutterstock's editorial business, a condition the company's board unanimously rejected last week.
2026-07-07 · 3 MIN READThe international chess federation on Friday suspended former world champion Vladimir Kramnik for at least one year after he leveled unproven cheating allegations against fellow players, including American grandmaster Daniel Naroditsky,…
2026-07-04 · 3 MIN READA Domino's manager from Manassas, Virginia, earned the title of the "World's Fastest Pizza Maker" on May 13, assembling three large pizzas in 31.22 seconds at a competition in Las Vegas. Richard Delcid won the top spot at the Domino's…
2026-06-26 · 3 MIN READCanada is now eligible to enter the Eurovision Song Contest after CBC/Radio-Canada became a full member of the European Broadcasting Union on Thursday, the public broadcaster confirmed. Prime Minister Mark Carney, who raised the idea of…
2026-06-26 · 4 MIN READAssociate Attorney General Stanley Woodward, the third-ranking official at the Justice Department, has told antitrust enforcers he prefers they settle cases rather than take them to trial, according to people familiar with the matter. The…
2026-06-25 · 3 MIN READThe U.S. Department of Justice said in a May 2026 court filing that patents on seeds are obstructing competition and research in the agriculture industry, according to a report published Tuesday by United Press International. The filing,…
2026-06-23 · 3 MIN READThe UK Competition and Markets Authority fined the online ticket reseller StubHub UK £889,200 and ordered it to refund more than 50,000 customers for failing to display full ticket prices upfront, an illegal practice known as drip pricing.…
2026-06-23 · 4 MIN READCalifornia drivers filed a proposed class-action lawsuit Monday accusing gas station operators including BP, Circle K, Marathon, 7-Eleven, Walmart, and Albertsons of using an artificial-intelligence tool from Kalibrate to coordinate prices…
2026-06-22 · 3 MIN READJapan's competition watchdog raided six major ice cream makers this week on suspicion of fixing the price of frozen desserts, as the country faces record summer temperatures. The Japan Fair Trade Commission conducted on-site inspections at…
2026-06-17 · 3 MIN READThe U.K. Competition and Markets Authority on Wednesday ordered Alphabet Inc.'s Google to make its search rankings fairer and provide advance notice of significant changes, giving the company six months to comply under the country's…
2026-06-17 · 3 MIN READYum! Brands announced Tuesday it is selling its struggling Pizza Hut division in a deal valued at $2.7bn (£2bn). Private equity firm LongRange Capital will acquire the brand outside mainland China for $1.5bn, while Yum China Holdings will…
2026-06-16 · 3 MIN READThe Justice Department closed its antitrust investigation into Paramount's $81 billion acquisition of Warner Bros. Discovery on June 12, overruling career staff who had spent months scrutinizing the deal and had been leaning toward…
2026-06-15 · 3 MIN READThe New York Jets and right guard Joe Tippmann have agreed to a four-year, $62 million contract extension, a league source told UPI on Monday. The deal includes $31 million in guaranteed money and keeps Tippmann under contract through the…
2026-06-15 · 3 MIN READThe Justice Department has cleared Paramount's $81 billion acquisition of Warner Bros. Discovery, removing a major regulatory hurdle for the entertainment megadeal, according to the Wall Street Journal and the BBC's news partner CBS.
2026-06-12 · 3 MIN READTim Höttges, chief executive of Deutsche Telekom, is pursuing what would be the largest public-company merger in history — combining the German telecom giant with its U.S. subsidiary T-Mobile US into a single $300 billion behemoth,…
2026-06-10 · 3 MIN READIntesa Sanpaolo launched a takeover offer for Banca Monte dei Paschi di Siena on Monday, setting up a bidding war with Banco BPM, which had proposed a merger of equals. Shares of Monte dei Paschi jumped 12% on the news, while Intesa fell…
2026-06-08 · 3 MIN READ
