UK extends Activision deadline after receiving Microsoft’s ‘complex’ proposal
By Paul Sandle LONDON (Reuters) – Britain’s competition regulator on Friday extended its final deadline on Microsoft’s Activision Blizzard deal…
Business
UPS says focused on reaching a labor deal before Aug. 1
(Reuters) – Delivery firm United Parcel Service said on Friday the company is focused on reaching an agreement with the…
US consumer sentiment near two-year high in July
WASHINGTON (Reuters) – U.S. consumer sentiment jumped to the highest level in nearly two years in July as inflation subsided…
Highly shorted Nikola jumps as retail army scoops up shares after BayoTech deal
(Reuters) – Shares of Nikola Corp jumped 14% on Friday, a day after a short squeeze sent the electric-truck maker’s…
FTC faces uphill battle in Microsoft/Activision appeal
By Mike Scarcella WASHINGTON (Reuters) – The U.S. Federal Trade Commission’s (FTC) bid to temporarily block Microsoft’s $69 billion purchase…
Illumina hit with record $476 million EU antitrust fine over Grail deal
(This July 12 story has been officially corrected by the European Commission to change the amount of deal to $570…
Republican state officials threaten legal action over company diversity policies
(Refiles to replace ‘attorney generals’ with ‘attorneys general’ throughout) By Daniel Wiessner (Reuters) -A group of Republican U.S. state attorneys…
StanChart to sell five sub-Saharan Africa businesses to Access Bank
DUBAI (Reuters) – Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in five sub-Saharan…
SEC fines Cantor Fitzgerald over repeated failure to identify large traders
By Jonathan Stempel (Reuters) -The U.S. Securities and Exchange Commission on Friday fined Cantor Fitzgerald $1.4 million for repeatedly failing…
One in four UK single parent households unable to afford food
By David Milliken LONDON (Reuters) – More than a quarter of Britain’s single parent households have recently run out of…