Tom Cruise’s New ‘Mission: Impossible’ Falls Short of Other Summer Hits
The film’s opening-weekend results lagged behind the performances of Spider-Man and other franchises. Source link
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Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
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A Buoyant Global Economy Is Starting to Sag
Manufacturing activity is weakening, Europe has slipped into a mild recession, China’s rebound from Covid-19 is sputtering and heavy debt...
Markets Appear Convinced the Fed Can Pull Off a Soft Landing
Stocks surged this past week on evidence that inflation is cooling. Source link
United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
The pact follows agreements at Delta and American that included significant raises for pilots. Source link
Canada Woos American H-1B Visa Holders Fed Up with U.S. Immigration System
A move to start offering work permits to foreigners on U.S. H-1B visas seizes on the frustrations of many in...
Economists Are Cutting Back Their Recession Expectations
Forecasters still expect GDP to eventually contract, but later, and by less, than previously. Source link
Weeks of Extreme Heat Strain Small Businesses and Economy
July 15, 2023 12:01 am ETListen to article(2 minutes)Heat waves stretching across large parts of the globe are straining power...
FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
Zuckerberg Channeled ‘OG Mark’ to Fast-Track Secret Effort That Became Threads
The launch of Threads was the culmination of a secretive, monthslong effort aimed at rewriting the narrative about Meta Platforms...
Eli Lilly to Acquire Obesity-Treatment Maker Versanis
Versanis shareholders could receive as much as $1.925 billion in cash, in an upfront payment and additional payments if certain...
Drones Reach Stratospheric Heights in Race to Fly Higher, Longer
New military and commercial craft aim to go far higher than jumbo jets and stay there for months, offering a...
FTC Continues Fight to Block Microsoft’s $75 Billion Deal for Activision
What to Read Next Source link
The Art of Quitting Early on Fridays (and Not Freaking Out the Boss)
Wouldn’t you rather be sipping a cocktail this Friday afternoon? How to start the weekend early this summer. Source link
Elon Musk’s Twitter Asks Court to Terminate FTC Settlement
The move comes ahead of congressional hearing into Federal Trade Commission’s Twitter probe. Source link
Microsoft’s Court Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new...
Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft, which the agency is appealing, marks another setback in her fight to block...
Measure It Differently, and Inflation Is Behind Us
If you gauge U.S. price changes the way Europe does, inflation was already below 3% in May and dropped further...
CPI Report Shows Inflation Eased to 3% in June
Inflation eased in June to its slowest pace in more than two years, but remained above the Federal Reserve’s goal....
Negotiators See Global Deal on Taxing Big Tech Companies Within Reach
An agreement would reallocate taxation of about $200 billion in profits; failure could lead some nations to impose their own...
