CATEGORIES

QUALCOMM WINS ANTITRUST CASE AGAINST EU COMMISSION

A European Union court on Wednesday invalidated a decision by the bloc’s executive arm to fine technology company Qualcomm more than $1 billion in an antitrust case.

COURT: AMAZON CUSTOMERS CAN SUE OVER LACK OF TOXIC WARNINGS

The California Supreme Court has left intact a ruling that allows customers to sue Amazon. com for failing to warn buyers that some products it sells may contain hazardous substances such as mercury.

FIRM BEHIND POPULAR US DOLLAR STABLECOIN TO LAUNCH EURO COIN

Cryptocurrency company Circle said that it will start issuing its first euro-denominated cryptocurrency, a stablecoin known as Euro Coin, later this month.

FERRARI TO MAKE 80% HYBRID AND FULL ELECTRIC RANGE BY 2030

Italian luxury sportscar maker Ferrari on Thursday outlined an electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2030.

CHINA'S FACTORY ACTIVITY REBOUNDS AS ANTI-VIRUS CURBS EASE

China’s factory output rebounded in May, adding to a recovery from the latest COVID-induced economic slump after controls that shut down Shanghai and other industrial centers eased.

TESLAS WITH AUTOPILOT A STEP CLOSER TO RECALL AFTER WRECKS

Teslas with partially automated driving systems are a step closer to being recalled after the U.S. elevated its investigation into a series of collisions with parked emergency vehicles or trucks with warning signs.

US SOLAR COMPANIES WEIGH CHALLENGE TO BIDEN PAUSE ON TARIFFS

U.S. solar manufacturers say they are considering legal challenges after President Joe Biden declared a two-year pause for tariffs on solar imports from Southeast Asia.

FTC CHAIR KHAN PLANS KEY WORK ON KIDS' DATA PRIVACY ONLINE

The head of the Federal Trade Commission says the agency is pushing a robust agenda of actions and policies to help safeguard children’s privacy online.

HIGH PRICES, LOW INVENTORY, A NEW NORM FOR CAR SHOPPERS

Throw in sky-high fuel prices and rising interest rates, and it’s enough to make people throw their hands up in resignation.

MUSK THREATENS TO WALK AWAY FROM TWITTER DEAL

Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot and fake accounts.

FACING HUGE INVENTORY, TARGET CUTS VENDOR ORDERS, PRICES

Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons.

BIG TECH ATTACKS BECOME RALLYING CRY FOR GOP CANDIDATES

Shortly after launching his campaign last year for the Republican nomination in Nevada’s U.S. Senate race, Sam Brown got into a scrape with Twitter.

BILL MAKES CODING AN ALTERNATIVE TO LANGUAGE FOR SCHOLARSHIP

High school students working to earn free college tuition through Louisiana’s TOPS state scholarship program could take computer coding instead of a foreign language under a bill passed Monday amid complaints efforts to revive the French language could be undermined.

AMAZON SAYS IT PREVENTED 4 BILLION BAD LISTINGS IN 2021

Amazon, which has been under increasing pressure to tackle counterfeit products, said in its second-annual report that it prevented 4 billion bad listings from making it onto its site and got rid of more than 3 million phony products last year.

3 US COMPANIES SANCTIONED OVER BLUEPRINTS SENT TO CHINA

The Biden administration accused three U.S. companies of sending to China blueprints and technical drawings for satellite and rocket technology and other defense prototypes.

US JOB OPENINGS DECLINE FROM RECORD LEVEL BUT REMAIN HIGH

The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are still desperate to hire more people.

SUPREME COURT BLOCKS TEXAS LAW ON SOCIAL MEDIA CENSORSHIP

A divided Supreme Court has blocked a Texas law, championed by conservatives, that aimed to keep social media platforms like Facebook and Twitter from censoring users based on their viewpoints.

NFT INSIDER TRADING SCHEME CHARGES ARE A 1ST, FEDS SAY

A former product manager at an online marketplace was arrested Wednesday in what federal authorities called the first-ever digital asset insider trading scheme involving NFTs.

OPEC+ ALLIANCE BOOSTS OIL PRODUCTION AS ENERGY PRICES SOAR

The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August, offering modest relief for a global economy suffering from soaring energy prices and the resulting inflation.

PLAN FOR NEVADA UTILITY TRANSMISSION LINE DRAWING COMMENTS

The federal Bureau of Land Management collected public comments on a big north-south electricity transmission project that Nevada's main utility, NV Energy, says is a key to its plan for a statewide renewable energy network.

STELLANTIS, CONTROLLED THERMAL IN LITHIUM HYDROXIDE DEAL

Automaker Stellantis has reached a deal to have Controlled Thermal Resources Ltd. supply battery-grade lithium hydroxide for its electric vehicles in North America.

HARRY STYLES IS FULLY AT HOME IN 'HARRY'S HOUSE'

Harry Styles, "Harry's House" (Columbia Records).

GROUNDBREAKING HELD FOR SPACE SHUTTLE ENDEAVOUR'S LA MUSEUM

A groundbreaking ceremony was held Wednesday for a museum that will permanently exhibit the retired NASA space shuttle Endeavour in Los Angeles.

FBI BLOCKED PLANNED CYBERATTACK ON CHILDREN'S HOSPITAL

The FBI thwarted a planned cyberattack on a children's hospital in Boston that was to have been carried out by hackers sponsored by the Iranian government, FBI Director Christopher Wray said this week.

CHINA DEMANDS US STOP TRADE TALKS WITH TAIWAN

China's government on Thursday accused Washington of jeopardizing peace after U.S. envoys began trade talks with Taiwan aimed at deepening relations with the self-ruled island democracy claimed by Beijing.

A Fun Summer Mystery With The ‘Bob's Burgers' Crew

Fans of “Bob’s Burgers” will find a lot to savor in the long-awaited big screen adaptation of the Fox comedy about the oddball Belcher family. “The Bob’s Burgers Movie” feels very much like the quirky show — just on a supersized scale, which is all it needed to be.

Video Game Workers Create First Union At Big U.S. Game Maker

Video game workers at a division of game publisher Activision Blizzard have voted to unionize, creating the first labor union at a large U.S. video game company.

China's Bet On Homegrown mRNA Vaccines Holds Back Nation

China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against the worst outcomes from COVID-19.

Broadcast TV's Reduced Role Made Clear In Fall Presentations

They never even made it onto the stage.

BIG TECH DEALS KEEP COMING: BROADCOM BUYS VMWARE FOR $61B

Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty.