The FTC lost an appeal on May 7 seeking to reverse a judge’s decision declining to block the deal, which closed in 2023.
Read More FTC drops case over Microsoft’s $69-billion Activision Blizzard dealTag: Federal Trade Commission
Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’
President Donald Trump was critical of Federal Reserve Chair Jerome Powell on Thursday, further intensifying his feud by posting a statement on social media saying, “Powell’s termination cannot come fast enough!”
Read More Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct
The grocery store chain Kroger announced on Monday that its longtime CEO, Rodney McMullen, has stepped down following an investigation into his personal conduct which revealed he was violating the company’s ethics policy.
Read More Kroger Ousts Longtime CEO After Ethics Investigation Reveals MisconductUS probes UnitedHealth’s Medicare billing practices, WSJ reports
The Justice Department has launched a probe into UnitedHealth’s Medicare billing practices in recent months, sending the healthcare conglomerate’s shares nearly 12% lower.
Read More US probes UnitedHealth’s Medicare billing practices, WSJ reportsGoogle to ask US appeals court to overturn app store verdict
Lawyers for Google and “Fortnite” maker Epic Games are set to square off before a U.S. appeals court in California as Google tries to undo a jury verdict and a judge’s order forcing it to revamp its app store.
Read More Google to ask US appeals court to overturn app store verdictAlbertsons Scraps Merger, Files Lawsuit Against Kroger
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over its rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid.
Read More Albertsons Scraps Merger, Files Lawsuit Against Kroger