FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Exxon Holds Firm on Its Five-Year Spending Outlook
The oil company is resisting the Biden administration’s call for more investment to expand production and curb pump prices. Source...
Prices on Lithium Deals Start to Move With the Times
Fixed-price contracts are falling out of favor for the mineral as producers and consumers embrace deals that more readily reflect...
Theranos Ex-Operating Chief Sunny Balwani Sentenced to Nearly 13 Years in Prison
BusinessElizabeth Holmes, founder of startup, was sentenced last month for her role in elaborate fraud scheme Source link
TikTok Is Sued by State of Indiana, Accused of Targeting Young Teens With Adult Content
TechSuits come as states push back against the platform, citing worries over its influence on children and security concerns related...
EU Sues China in WTO Over Trade Retaliation on Lithuania
WorldEuropeChina’s near-total curtailment of exports from Lithuania followed moves by the Baltic state to support Taiwan Source link
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
U.S. Opens First Auctions for California Offshore Wind Rights
BusinessProjects, which would bring floating wind turbines to West Coast, face challenges due to deep waters off California’s coast Source...
NRG Energy to Buy Vivint Smart Home for $2.8 Billion
MarketsDealsNRG will look to cross-sell and bundle the two companies’ energy and home-security products Source link
Google Faces Pressure in Hong Kong Over Search Results for National Anthem
TechOfficials and lawmakers call on company to alter its results page to show China’s national anthem instead of a song...
Antony Blinken Kicks Off WSJ CEO Council
Blinken will discuss what 2023 may hold for the global economy and geopolitical backdrop. White House Chief of Staff Ron...
WSJ News Exclusive | PepsiCo to Lay Off Hundreds of Workers in Headquarters Roles
WSJ News ExclusiveBusinessSnacks and beverages giant tells staff it is trimming roles in North America Source link
Railroads Focus on Stabilizing Workforce After Strike Is Averted
BusinessFederal regulator and businesses criticize service disruptions; Norfolk Southern rethinks furloughs Source link
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
OPEC+ Keeps Oil Curbs Despite Russia Price Cap
WorldGroup led by Saudi Arabia and Russia also faces slowing demand in China Source link
Economy Week Ahead: U.S. Trade and Supplier Prices in Focus
EconomyEconomy Week AheadProducer-price report could show if inflationary pressures further eased Source link
Smartphone Tips to Avoid Tipsy Texting and Posting Over the Holidays
TechPersonal TechPersonal Technology: ReviewAvoid messaging and social-media regrets by adjusting your phone and app settings Source link
Why You Can’t Find Wegovy, the Weight-Loss Drug
BusinessHealth CareHealthNovo Nordisk underestimated demand for drug that went viral on TikTok and YouTube Source link
Robert Iger’s Return Opens Door for Florida Lawmakers to Consider Restoring Disney’s Tax Privileges
A Florida lawmaker said Robert Iger’s return as Disney CEO has boosted the prospects that the state could work out...
FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda
MarketsCurrenciesCryptocurrencyEntrepreneur says he had little insight into workings of trading firm even though he owned 90% of it Source link
