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Republican bill seeks to curtail US FTC’s merger-busting powers

By Jody Godoy (Reuters) – The U.S. Federal Trade Commission’s merger-busting, antitrust enforcement powers are coming under threat as conservatives look to…
Investing

Microsoft CEO Nadella forms new AI group to build and run apps for customers

Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday. The new…
Investing

Comcast and Harris Blitzer to build new NBA, NHL stadium in south Philadelphia

Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the…
Investing

Barry’s Bootcamp announces new investment as others exit boutique fitness category

As the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The reason why…
Investing

SEC charges Robinhood with securities violations; brokerage to pay $45 million penalty

The Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they violated more…
Investing

Comcast and Harris Blitzer to build NBA, NHL stadium in south Philadelphia

Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the…
Economy

Exclusive-Syria’s new central bank chief vows to boost bank independence post Assad

By Timour Azhari DAMASCUS (Reuters) – Syria’s new central bank governor, Maysaa Sabreen, said she wants to boost the institution’s independence over…
Economy

Winds pick up in California, threatening to stoke LA wildfires anew

(Updates story date to Jan 14 from Jan 13.) By Chad Terhune, Jorge Garcia LOS ANGELES (Reuters) -Los Angeles firefighters braced on…
Economy

Irregular migration into EU drops sharply in 2024, EU border agency says

BRUSSELS (Reuters) – The number of migrants entering the European Union by irregualr routes dropped overall by 38% in 2024, reaching the…
Economy

Chinese central banker warns of government bond risks as yields slide

BEIJING/SHANGHAI (Reuters) – Investments in governments bonds are not risk-free, a Chinese central bank official said on Tuesday, warning of a potential…
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