Albertsons has announced it is terminating its proposed merger with fellow grocery giant Kroger after a federal court sided with the Federal Trade Commission (FTC) and blocked the deal. The…
Nissan Motor Co. is making sweeping cuts across its global operations, announcing a plan to reduce its workforce by 9,000 and cut 20% of its worldwide production capacity. These measures…
The U.S. Department of Justice’s highly anticipated antitrust case against Google, which began last week, is now in full swing, with prosecutors arguing that the tech giant’s dominance in online…
United Airlines is voicing strong concerns over the impending merger between Alaska Airlines and Hawaiian Airlines, citing potential negative impacts on its own partnerships with Hawaiian. In a recent letter…
Starbucks, CEO Laxman Narasimhan is stepping down from his role after just one year at the helm. The resignation is effective immediately, leaving the global coffee giant in a period…
Apple, the renowned tech giant, is facing serious allegations from European Union regulators who accuse the company of violating the Digital Markets Act (DMA). The accusations center around claims that…
Elon Musk’s venture into artificial intelligence (AI) has taken a significant leap forward as his platform, xAI, secures a massive $6 billion in funding. This substantial investment underscores Musk’s ambition…
The Federal Trade Commission (FTC) has made a significant move by banning noncompete agreements, a decision that could impact millions of workers across various industries. The FTC’s decision comes in…
Amazon is revolutionizing the healthcare industry by introducing a same-day medication prescription delivery service in New York City. This move marks a significant step forward in enhancing convenience and accessibility…
European regulators have imposed a substantial fine on tech giant Apple for alleged antitrust violations related to its music streaming service. The fine, which comes from the European Union (EU),…