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U.K. Authority Closes Competition Probes Into Google, Apple App Stores
The U.K.’s antitrust authority closed investigations into Google’s Play Store and Apple’s App Store as it prepares for the rollout of new rules that give the watchdog greater powers to boost competition in digital markets.
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Ford Shrinks Its EV Rollout Plans as Demand Lags
The automaker expects to take $1.9 billion in related special charges and write-downs as automakers continue adjusting their EV plans because of softer-than-expected demand.
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Disney Names Board Member Gorman to Lead Committee Tasked With Finding Iger’s Successor
Disney is on the clock to find its next CEO as Iger’s contract runs to 2026, when he has promised to step down.
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TD Bank Sets Aside $2.6 Billion for Possible U.S. Anti-Money Laundering Penalties
The Wall Street Journal previously reported that the Justice Department’s investigation into the bank was focused on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
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JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale
Walmart said the decision will allow it to “focus on our strong China operations for Walmart China and Sam’s Club, and deploy capital towards other priorities.”
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Watch DNC live: Barack Obama, Doug Emhoff, Michelle Obama headliners
Former President Barack Obama, former first lady Michelle Obama and Second Gentleman Doug Emhoff are among the speakers at the DNC in Chicago Tuesday night.
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Obama says ‘America is ready for a new chapter’ with Harris, Walz
Barack Obama, who preceded Donald Trump in the White House, praised President Joe Biden, who served as his vice president.
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Shein sues Temu over copyright infringement, alleges rival loses money on every sale
Chinese-linked fast-fashion leader Shein is suing Temu, alleging its rival stole its designs and trade secrets.
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More Americans than ever—especially young adults—say drinking alcohol is unhealthy
The poll also found adults are less likely to imbibe and less likely to overindulge when they do than in the past.