Microsoft responds to FTC case seeking to block Activision Blizzard deal, saying it wouldn’t hurt competition
Microsoft said for the third largest console maker to be buying a major gaming franchise would’t overturn a competitive market. U.S. regulators don’t agree.
Tesla under investigation by NHTSA for two more crashes that may have involved Autopilot or FSD
According to data obtained from NHTSA by CNBC, the agency is looking into at least 41 crashes involving Tesla vehicles where automated features were involved.
Tesla, GM, Ford questioned by U.S. senator about Chinese supply chains and connections to forced labor
Sen. Wyden wants automakers to account for their ties to a region in China where the U.S. is concerned about the use of forced labor.
The $52 billion plan to save New York’s low-lying areas from sea level rise and storm surges
Residents living on the far outskirts of Queens, New York, are enduring floods nearly every month and worsening coastal storms.
How the Federal Reserve affected 2022’s stock market
Some stock market participants are betting against the Federal Reserve’s guidance on the future path of the economy, which is a potentially risky gamble.
Needham lowers 2023 estimates for Amazon, says investors want to see pricing power over cost cutting
Shares of Amazon are down more than 47% this year as the online retailer dealt with slowing growth in its core business.
Here’s what Wall Street analysts had to say after Micron’s disappointing earnings report
Micron Technology reported surprisingly weak quarterly results, raising concern among Wall Street analysts.
10-year Treasury yield is little changed Thursday
Bond yields fell earlier in the day as investors worried that further interest rate hikes could tip the economy into a recession.
FTX’s Gary Wang, Alameda’s Caroline Ellison plead guilty to federal charges, cooperating with prosecutors
Ellison, 28, and Wang, 29, become the second and third individuals to be charged in connection with FTX’s multibillion-dollar collapse
Semiconductor maker Micron announces 10% staff reduction, suspends bonuses
Micron said it would hit its reduction target through voluntary departures as well as layoffs.
