WASHINGTON (Reuters) – The Biden administration on Wednesday sued Southwest Airlines, accusing the carrier of illegally operating multiple chronically delayed…
Exxon slips after flagging weak fourth-quarter earnings on refining squeeze
(Reuters) – Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned…
Yellen says CFIUS made “thorough analysis” of blocked US Steel-Nippon Steel merger
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel’s blocked acquisition of U.S. Steel received…
Euro zone inflation jumps on higher energy costs
FRANKFURT (Reuters) – Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further…
Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says
(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at…
US sues Cushman & Wakefield, other landlords over alleged rental price coordination
(Reuters) -Cushman & Wakefield was among six large landlords sued by the U.S. Department of Justice over alleged anticompetitive practices…
US funding bill to include plan to allow year-round E15 gasoline sales, sources say
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – An upcoming U.S. government funding bill is expected to include…
Elon Musk, SpaceX face federal reviews over security, NYT reports
WASHINGTON (Reuters) -Elon Musk and SpaceX face at least three federal reviews over whether they have complied with federal reporting…
Grubhub to pay $25 million for misleading customers, restaurants, drivers
By Jody Godoy (Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday…
Paramount’s $8.4 billion Skydance merger faces FCC challenge by Center for American Rights
(Reuters) – The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to…