
FTC to seek federal court order temporarily blocking Microsoft-Activision deal
The Federal Trade Commission on Monday sued to prevent Microsoft and Activision-Blizzard from closing their $69 billion merger.
2023-06-13 05:24

Oracle Tops Sales Estimates as AI-Frenzy Spurs Cloud Demand
Oracle Corp. reported quarterly revenue that topped estimates, signaling the software maker’s cloud business is benefiting from heightened
2023-06-13 04:57

Elizabeth Holmes Objects to $250-a-Month Victim Payments After Prison
Elizabeth Holmes has “limited financial resources” and should not have to pay $250 a month in restitution once
2023-06-13 04:52

Cruise Stocks Climb as Wall Street Sees Strong Booking Demand
A trio of cruise-line operators jumped on Monday as analysts at Bank of America Corp. and JPMorgan Chase
2023-06-13 04:50

Instant Pot and Pyrex Maker Instant Brands Files for Bankruptcy
Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after
2023-06-13 04:47

The Athletic cuts nearly 20 jobs, 4% of newsroom for New York Times-owned sports site
The Athletic, a subscription sports outlet owned by The New York Times, is laying off about 4% of its newsroom staff as part of reorganization efforts
2023-06-13 03:51

Jury finds electric utility PacifiCorp liable in devastating Oregon wildfires; company to appeal
A jury in Oregon has found electric utility PacifiCorp responsible for causing devastating fires during Labor Day 2020 in a civil lawsuit
2023-06-13 03:47

AI Hype Starting to ‘Smell Like Dot-Com Era,’ ESG Veteran Says
The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market
2023-06-13 03:28

Salesforce Touts AI Strategy, Doubles Investment in Startups
Salesforce Inc. is elevating new generative artificial intelligence features in its products and doubling its investment in AI
2023-06-13 03:23

Google’s Ad Tech Money-Machine Sparks EU Antitrust Charges
Google is set to be hit with a formal antitrust complaint from the European Union that could pave
2023-06-13 02:49

Judge gives American Airlines and JetBlue more time to end their partnership in the Northeast
American Airlines and JetBlue will get more time to end their partnership in the Northeast
2023-06-13 02:45

South Africa's ruling party expels former top official accused of corruption
South Africa’s ruling African National Congress party expelled its former secretary-general on Monday for misconduct and other breaches of party rules
2023-06-13 02:21