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Big Tech antitrust bills pass first major hurdle in House, even as opposition grows In a marathon markup meeting that lasted all night, the House Judiciary Committee approved five of the six sweeping antitrust bills that take aim at Big Tech and attempt to reel in the giants' power. But the lengthy debate that began Wednesday and didn't ...
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House Judiciary advances sweeping legislation to rein in and break up Big Tech (CNN Business) A powerful House panel on Thursday approved a sweeping set of proposals aimed at weakening Big Tech. It passed a series of measures imposing new obligations on top digital platforms, prohibiting them from abusing any gatekeeper ...
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Singapore's Temasek-backed oil rig builders explore deal in downturn SINGAPORE, June 24 (Reuters) - Temasek-backed conglomerate Keppel and Singapore's smaller Sembcorp Marine are considering combining their loss-making offshore and marine (O&M) businesses as they battle a prolonged downturn. A deal would see ...
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Singapore's Temasek-backed oil rig builders explore deal in downturn SINGAPORE (Reuters) -Temasek-backed conglomerate Keppel and Singapore's smaller Sembcorp Marine are considering combining their loss-making offshore and marine (O&M) businesses as they battle a prolonged downturn. FILE PHOTO: The ...
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The global battle between Big Tech and regulators is on A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business) The risk to tech stocks from increased regulation isn't new. But it's clearly increasing. What's happening: A ...
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Banks clear Fed stress test; paving way to boost buybacks, dividends WASHINGTON, June 24 (Reuters) - Large banks will no longer face pandemic-era restrictions on how much they can spend buying back stock and paying dividends, the Federal Reserve announced Thursday after finding the firms would remain well ...
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Oil gains as draw in US crude stocks reinforces outlook for robust demand TOKYO (Reuters) -Oil prices gained for a second day on Thursday after a bigger-than-expected drawdown in U.S. crude and gasoline stocks confirmed outlook for robust fuel demand and on doubts about the future of the 2015 Iran nuclear deal that could end ...
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Fed Officials Debating Rate-Hike Timing Split on Inflation View Those calling for rate increases next year cite inflation risk · Top policy makers including Fed Chair Powell play down concern.
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Will Peloton Stock Rally Further Following Launch Of Its Corporate Wellness Program? Peloton will also assist its corporate partners with setting up workout spaces in offices. The offering could be a big win for Peloton as investors have been concerned about the company's growth prospects following its Covid-fueled surge over the past year.
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Dollar steady, sterling slips ahead of Bank of England meeting LONDON, June 24 (Reuters) - The dollar slipped slightly in early European trade on Thursday, having spent the week gradually edging away from two-month highs hit after the U.S. Federal Reserve's surprise hawkish shift at its meeting last week. Currency ...
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