Publishers Clearing House is known for giving money away in sweepstakes and other contests. Now it’s offering a different kind of payout — a refund for customers who may have been deceived by the direct marketing company. The Federal Trade Commission said Wednesday that the agency has mailed checks totaling over $18 million to nearly…
Here’s what investors are watching during the week of April 14 to April 18. Meta Platforms (META) is set to face the Federal Trade Commission (FTC) as part of its antitrust case. Investors will get fresh economic data, including retail sales and Federal Reserve commentary. Homebuilder confidence, as well as starts and permits data, will…
Elon Musk’s close relationship with President Trump may well end up shielding him from the 32 continuing investigations, pending complaints or enforcement actions against his companies in the United States. But something else appears to be happening for Musk in Europe. My colleague Adam Satariano got the scoop last night that X, Musk’s social media…
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The Federal Trade Commission is proceeding with a sweeping antitrust investigation of Microsoft that was initiated during the final days of the Biden administration, indicating that President Trump‘s newly appointed FTC Chair Andrew Ferguson will maintain scrutiny of major technology companies.FTC staff have been actively working on the investigation in recent weeks, meeting with companies…
By Jody Godoy (Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, a win for the Federal Trade Commission that Kroger has said would likely scuttle the deal. The FTC argued at a three-week trial in Portland, Oregon, that the merger would eliminate head-to-head competition between…
Hong Kong — President-elect Donald Trump has threatened to slap up a tariff of up to 60% on all goods imported to the U.S. from China. While that may sound like a potent economic threat to a country where economic growth is already faltering, could it actually be just what China needs? “I do expect…
Shares of Capri Holdings (CPRI), parent company of Michael Kors and Jimmy Choo, are sinking after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry (TPR). Yahoo Finance Senior Reporter Alexandra Canal joins Morning Brief to discuss the ruling in the Federal Trade Commission’s (FTC) antitrust case and competition among luxury…