US regulators planning major antitrust lawsuit against Amazon: Report
The FTC is reportedly planning to take legal action Amazon.com's online marketplace for rewarding online merchants that use its logistics services and penalizing firms that don't.
Cathie Wood’s ARK drops over $7M of Tesla shares
Cathie Wood’s ARK Invest just dumped $7.3 million of Tesla stock after Goldman Sachs hit the EV maker with its fourth share downgrade of the month on Monday.
Stellantis launches EV charging business
Netherlands-based Stellantis is jumping into the EV charging industry with the launch of Free2move, providing infrastructure at home or work, the company announced on Tuesday.
Electric truck maker Lordstown Motors files for bankruptcy, sues Foxconn
Ohio-based electric pickup truck maker Lordstown Motors filed for Chapter 11 on Tuesday and is taking legal action against Taiwanese manufacturer Foxconn.
Goldman Sachs slaps Tesla with another downgrade
Despite a recent winning streak spanning 13 consecutive days and a $240 billion boost to valuation, Goldman Sachs slapped Tesla with its fourth share downgrade of the month.
PacWest sells loan portfolio for over $3.5B
PacWest Bancorp confirmed on Monday the sale of a $3.54 billion loan portfolio to asset firm Ares Management after the LA-based bank began selling real estate loans in May.
IBM pays nearly $5B for software provider Apptio
Tech giant IBM has finalized a deal for the software provider Apptio for $4.6 billion from Vista Equity Partners, giving the tech company greater automation capabilities.
Buffett's Berkshire continues to sell shares of Chinese electric automaker
Warren Buffett's company once again sold shares in the Chinese Electric automaker BYD. This time selling another 2.5 million shares worth $86.3 million.
Big US banks to face Fed's annual stress tests this week
The Federal Reserve will release the results of this year's banking "stress tests" on Wednesday, helping assess the stability of financial instutions.
US opens probe into Ford Explorer recall repairs
Safety regulators have opened an investigation into a prior recall of 710,000 Ford Explorer SUVs and the fix issued to resolve the problem.
Inside America’s retirement income crisis
America will see a tidal wave of retirees next year, and many are not prepared, but there are ways you can put yourself in a stronger financial position heading into your golden years.
Amazon CEO says company plans to make $15B India investment
Amazon announced that the company will be increasing its investment in India by $15 billion following a meeting with Prime Minister Nerendra Modi.
Ford preparing for another round of layoffs: report
Ford Motor Co. is reportedly preparing to put another round of layoffs into motion in a continued attempt to streamline its operations and reduce costs.
FTC argues why Microsoft's deal to buy Activision should be blocked
The Federal Trade Commission faced Microsoft in a San Francisco courtroom on Thursday to explain why the company's $69 billion takeover of Activision Blizzard should be blocked.
Nvidia board member pockets over $50M in stock sale
As Nvidia’s share price continues its surge, longtime board member Mark Stevens and others are cashing in on the chipmaker’s 195% increase this year.
What Disney's executive exodus means for CEO Bob Iger
Walt Disney CEO Bob Iger is focused on giving company shareholders confidence despite losing his CFO and head of diversity, according to an analyst interviewed by FOX Business.
Microsoft, US regulators head to court over $69B deal
Microsoft heads to a San Francisco courtroom on Thursday to advocate for the approval its $69 billion takeover of Activision Blizzard.
Stocks fall as Fed's Powell confirms more rate hikes this year
U.S. Federal Reserve Chair Jerome Powell testified before a House panel on Wednesday, saying more rate hikes are on the way, after the central bank paused hikes last week.
Elon Musk says Tesla will be in India ‘as soon as humanly possible’
Tesla CEO Elon Musk told India’s Prime Minister Narendra Modi in New York City on Tuesday that the EV maker will expand into the country "as soon as humanly possible."
FedEx shares fall on quarterly revenue miss
FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.



















