Category: Business

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F.T.C. Orders Gene-Sequencing Company Illumina to Divest Acquisition

The move by the commission is seen as a test of regulators’ efforts to prevent big companies from buying small innovators.  » mehr lesen

Auto Sales Withstand Higher Interest Rates, So Far

General Motors and several rivals cited robust demand in the first quarter. But affordability is a growing challenge for many buyers.  » mehr lesen

Jury Says Tesla Must Pay Worker $3.2 Million Over Racist Treatment

A former Tesla factory worker, who is Black, challenged a judge’s earlier award of $15 million, but came away with less in a new trial.  » mehr lesen

Twitter’s Logo Changes to Doge as Users Await Blue Check-Mark Removal

The promised changes to the platform’s verification program have been slow. Attention has focused instead on the image of a doge in place of the blue Twitter bird.  » mehr lesen

Oil Prices Jump After Surprise OPEC Production Cut

Adding to global economic uncertainties, oil prices rose on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.  » mehr lesen

WWE Acquired by UFC Owner Endeavor to Form Fighting Heavyweight

The new company, with the stock ticker “TKO,” is betting that the value of rights for live events like wrestling will continue to soar.  » mehr lesen

Voters in Paris Turn Their Backs on Electric Rental Scooters

A referendum emphasized how many residents had come to regard the scooters as dangerous nuisances with little environmental benefit. The decision may set a precedent for other cities.  » mehr lesen

Ari Emanuel Buys a Pro Wrestling Heavyweight

Ari Emanuel’s Endeavor acquires World Wrestling Entertainment to create a live event and combat sport giant.  » mehr lesen

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