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US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report

US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report

The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.


Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune

The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.

Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit

Pfizer has agreed to pay $93 million to resolve antitrust claims by wholesale drug distributors accusing the pharmaceutical giant of conspiring with India's Ranbaxy Laboratories to delay the sales of cheaper versions of the cholesterol drug Lipitor.

Ford CEO Jim Farley Urges Wall Street to Forget Tesla, Says Ford's 'Pro' Business Is the Auto Industry's Future

Ford Motor CEO Jim Farley told investors on Thursday to forget about Tesla and touted the company's "Pro" fleet business as the future of the automotive industry.


Latest News

Donald Trump Reacts to Vladimir Putin's Comments That He Prefers Joe Biden Over Him in the White House
Former President Donald Trump has responded on Russia's President Vladimir Putin's remarks that his country would prefer President Joe Biden to win in the 2024 United States presidential election.
FedEx Founder Fred Smith Joins Other Business Leaders Sounding the Alarm Over Worsening US National Debt
FedEx founder Fred Smith warned that the U.S. national debt is no longer sustainable. FedEx founder Fred Smith (Frederick W. Smith) joined other business leaders in the U.
Iran Central Bank Subsidiary Allegedly Supplies American Technology to Hezbollah; US Announces Sanctions
The Iran Central Bank's subsidiary is now facing sanctions as it's allegedly supplying American technology to Hezbollah.
Valentine's Day 2024: Dating App Market Is Losing Steam as Users' Interest Seems to Be Waning
Valentine's Day 2024 is not stirring up as much romance in the dating app market as it used to be.
Russia's Vladimir Putin Says Russian Scientists Are Close to Creating Cancer Vaccines
Russia's President Vladimir Putin announced on Wednesday that Russian scientists are on the verge of developing vaccines for cancer, which could soon be available to patients.
Microsoft Catches Hackers From Russia, China, North Korea, Iran Using OpenAI Tools to Improve Their Cyberattacks
Microsoft revealed on Wednesday that state-backed hackers from Russia, China, North Korea, and Iran have been using tools provided by its partner OpenAI to enhance their hacking techniques and deceive their targets.
Joe Biden Is Cutting 18% of Pentagon's F-35 Jet Order in 2025 Budget Request: Report
President Joe Biden reportedly wants to cut the number of F-35 jets the Pentagon will buy next year.
Elon Musk's Rocket Company SpaceX Changes Location of Incorporation From Delaware to Texas
Elon Musk's rocket company, SpaceX, has changed the location of its business incorporation from Delaware to Texas.
Uber Unveils First-Ever $7 Billion Share Buyback After Strong Recovery in Ride-Share Revenue
Uber Technologies has announced its plan to repurchase up to $7 billion worth of company shares. Uber Technologies announced on Wednesday its plan to repurchase up to $7 billion worth of company shares.
Nvidia Becomes Third-Largest US Company After Beating Google's Alphabet in Market Cap
Nvidia surpassed Google's parent company, Alphabet, in market capitalization, securing its position as the third-largest company in the US.