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...
Government Bodies
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
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...
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The move came just hours after the European Union united behind the figure, as Western nations try to curb Moscow’s...
WSJ News Exclusive | Chinese Solar Manufacturers Dodged U.S. Tariffs, Probe Finds
Updated Dec. 2, 2022 6:50 am ETListen to article(2 minutes)WASHINGTON—Four leading Chinese solar-cell manufacturers circumvented U.S. tariffs by routing some...
Third-Quarter U.S. Growth Was Stronger Than Previously Thought
Job openings in October remained high and far exceeded the number of people seeking work. Source link
Kroger, Albertsons CEOs Defend Grocery Merger at Senate Hearing
The companies’ CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers....
Chevron Gets U.S. License to Pump Oil in Venezuela Again
The license was granted after Venezuelan President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian program...
Taylor Swift Concert-Ticket Mess Draws Scrutiny for Live Nation and Ticketmaster
Legal experts question whether unwinding the 2010 merger would address the problems raised by lawmakers and fans. Source link
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
EconomyU.S. EconomyPolicy makers have signaled plans to dial back the pace of interest-rate increases, while warning rates could rise to...
Elon Musk Reinstates Donald Trump’s Twitter Account After Online Poll
BusinessFormer president says he plans to remain on his own social-media platform Source link
Elon Musk Launches Twitter Poll About Reinstating Donald Trump’s Account
TechTwitter boss shared details of company’s speech policy, tweeted that some accounts would be reinstated Source link
Kamala Harris Leads U.S. Push to Bolster Economic Ties in Asia
WorldThe Biden administration is pursuing closer business ties and higher environmental and labor standards at an APEC summit in Bangkok...
Apple, Fortnite Battle Moves Before Appeals Court Over App Store Monopoly Claims
Three judges are hearing the high-profile case that now includes the Justice Department and could determine the fate of the...
President Biden, Xi Jinping Move to Stabilize U.S.-China Relations
The leaders instructed officials to resume talks on major global priorities, while acknowledging areas of deep disagreement that could disrupt...
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
Penguin Random House Blocked From Acquiring Rival Publisher Simon & Schuster
A federal judge ruled in favor of the Justice Department’s antitrust challenge to the planned $2 billion merger. Source link
U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
U.S. Deficit Shrank Last Fiscal Year, but Is Poised to Widen as Economy Slows
The U.S. budget deficit narrowed last year, but a cooling economy and rising interest rates put it on track to...
Essay | Janet Yellen’s Learning Curve
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor...
