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Investing.com — and the US Justice Department are in early discussions to settle a 2024 antitrust lawsuit, Bloomberg reported Friday. The discussions are active, but no guarantee exists that the two sides will reach an agreement, the report said. No trial date has been set in the case. Access breaking news faster with institutional-grade feeds on InvestingPro — now 60% off. Apple is said to have made multiple offers this year to the Justice Department to resolve the case. Settlement discussions between the DOJ and companies can end without an agreement. The US government filed the lawsuit against Apple during…
Fubo prices are going up by $15 per month because it will have some NBCUniversal channels again. For years, Fubo, a sports-centric vMVPD (virtual multichannel video programming distributor, which lets subscribers watch traditional TV channels live over the Internet), offered NBCUniversal channels. That stopped in November 2025 due to a contract dispute. With the loss of local NBC affiliates, Telemundo, nine regional sports channels, and 32 national channels, Fubo made the sensible but rare decision to lower subscription prices in December. The Essential plan went from $85 per month to $74 per month. The Pro plan dropped from $85 to…
Burnham was confirmed as the new Labour leader. Source link
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty ImagesAmazon-owned Zoox recalled software in 105 of its robotaxis over concerns its vehicles failed to detect heavy smoke and drove into it.Zoox notified the National Highway Traffic Safety Administration of the recall on July 8 and said it became aware of the smoke detection issue following an incident last month. On June 20, an unoccupied Zoox robotaxi encountered heavy smoke that obscured an active emergency fire scene that was not cordoned off with cones, the company wrote in its…
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.25% Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks fell Friday as renewed concerns about artificial intelligence spending weighed on the technology sector, extending a weeklong pullback in semiconductor stocks. Early in the session, the VanEck Semiconductor ETF briefly entered bear market territory, down 20% from its most recent high, before recovering some of its losses as buyers stepped in. Portfolio director Jeff Marks said the decline reflects forced selling and profit-taking rather than any deterioration in the AI story. He noted…
An MP who was accused of touching the breasts of two women at London’s Groucho Club has been found not guilty of sexual assault.Patrick Spencer, the MP for Central Suffolk and North Ipswich, had been accused of approaching both women, in separate incidents, and placing his hands on their breasts in August 2023.The 38-year-old denied two counts of sexual assault and was found not guilty following a trial at Southwark Crown Court. He could be seen sobbing with relief and later hugging his wife as the verdicts were returned.A jury of eight men and four women returned the verdict after…
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion. The proposal is deeply controversial, with opponents on both sides of the aisle warning that passage of the measure — the first of its kind in the U.S. — would be a body blow to the state’s competitiveness. But one of the authors of the proposal insists California will be just fine. “California will, I think, more likely be better off if this is passed than not,” said University of Missouri law professor David Gamage,…
Investing.com — Deutsche Bank maintained Hold ratings across its cruise line coverage, pushing back on bullish expectations ahead of second-quarter earnings and arguing the sector’s outlook is “perhaps not as clear as bulls believe it to be.” According to a note from analyst Chris Woronka, while cruise is often described as an under-penetrated travel vertical with consistently strong demand, U.S. hotel RevPAR, particularly at resorts and within top-tier price segments, is “poised to meaningfully outperform the aggregate of cruise industry yields this year.” Deutsche Bank attributed this divergence at least partly to differences in supply growth between the lodging and cruise…
With the Paramount-Skydance merger greenlit by the FCC, Ellison, the new company’s CEO, then set his sights on acquiring Warner Bros. Discovery. Warner at first rebuffed Paramount’s overtures and on Dec. 5—two days before the Kennedy Center gala—accepted a bid from Netflix to buy its studio and streaming assets. Ellison responded by making numerous calls to administration officials and had a long talk with Trump, according to The Wall Street Journal. On the night of the gala, Trump told reporters the Netflix deal “could be a problem” and that he planned to get directly involved with the regulatory approval. Inside…
