US House Committee Report Finds Wall Street ‘Colluded’ to Curb Emissions June 11, 2024 By Isla Binnie A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead...
US Regulators to Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia June 6, 2024 By Jody Godoy The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust...
Global Insurers’ Climate Alliance Relaunches After Member Exodus April 25, 2024 By Simon Jessop A global insurance coalition intended to help curb the sector’s greenhouse gas emissions has relaunched with a new name and...
JetBlue, Spirit Airlines Call Off $3.8B Merger on Antitrust Hurdle March 4, 2024 By Jonathan Stempel Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8-billion merger agreement on Monday, seeing no path forward after...
UnitedHealth Faces Antitrust Probe by US Justice Department February 29, 2024 By John Tozzi, Chris Strohm and Leah Nylen The US Department of Justice has initiated an antitrust investigation into UnitedHealth Group Inc., people familiar with the matter said...
FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal February 27, 2024 By Leah Nylen and Jaewon Kang The US Federal Trade Commission, eight states and Washington DC sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons...
JPMorgan, State Street Quit Climate Group, BlackRock Steps Back February 16, 2024 By Simon Jessop and Ross Kerber JPMorgan Chase’s and State Street’s investment arms on Thursday both quit a global investor coalition pushing companies to rein in...
Google’s Court Loss to Epic Games May Cost Billions but Final Outcome Years Away December 13, 2023 Google’s stunning defeat in a legal battle with “Fortnite” maker Epic Games may clear the way for rival app stores...
Microsoft’s OpenAI Investment Risks Scrutiny From US, UK Regulators December 8, 2023 By Leah Nylen The US Federal Trade Commission is examining the nature of Microsoft Corp.’s investment in OpenAI Inc. and whether it may...
Jury Orders Egg Suppliers to Pay $17.7M in Damages for Price Gouging in 2000s December 4, 2023 By Isabella Volmert A federal jury in Illinois ordered $17.7 million in damages – an amount tripled to more than $53 million under...