
All The Ulta 21 Days Of Beauty Sale Deals We’re Shopping In The Final Week
Shoppers, clear your medicine cabinets. Ulta's beloved 21 Days of Beauty sale is coming to an end soon, meaning there's just six days left of half-off promos on the retailer’s best-selling, top-rated makeup, skin care, body care, fragrance, and more.
2023-09-12 03:26

Alexander McQueen designer Sarah Burton quits after two decades
British fashion house Alexander McQueen is losing its artistic director Sarah Burton who has been in charge for more than 20 years, parent company...
2023-09-12 03:24

Airline SAS extends deadline for equity fundraising
(Reuters) -Scandinavian airline SAS, battling to emerge from bankruptcy protection, said on Monday it was extending the deadline for final
2023-09-12 03:24

US CFTC official pushes for national financial fraud database
By Chris Prentice NEW YORK A top U.S. regulator on Monday proposed the creation of a federal registry
2023-09-12 03:20

Several hurt in ADM central Illinois plant blast; corn, soy processing down
By Karl Plume CHICAGO (Reuters) -Several employees were hospitalized after an explosion and fire late on Sunday at a massive
2023-09-12 02:53

Bond strategists stand ground, say U.S. Treasury yields have peaked: Reuters poll
By Sarupya Ganguly BENGALURU The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according
2023-09-12 02:27

Google goes to court in what could be the biggest tech trial in a generation
Google and the US Justice Department are beginning what might be the most decisive tech trial in a generation. The lawsuit could have substantial consequences – not only for the search giant, but for its rivals such as Apple and Meta, and the technology industry more broadly. The antitrust trial will examine claims from critics that Google has unfairly used its power to become dominant in a variety of parts of technology, in particular its search engine. The United States will argue Google didn’t play by the rules in its efforts to dominate online search in a trial seen as a battle for the soul of the Internet. The US Justice Department is expected to detail how Google paid billions of dollars annually to device makers like Apple, wireless companies like AT&T and browser makers like Mozilla to keep Google‘s search engine atop the leader board. DuckDuckGo has also complained, for example, that removing Google as the default search engine on a device and replacing it with DuckDuckGo takes too many steps, helping keep them to a measly 2.3% market share. DuckDuckGo, Microsoft and Yahoo are among a long list of Google competitors who will be watching the trial closely. “Google makes it unduly difficult to use DuckDuckGo by default. We’re glad this issue is finally going to have its day in court,” said DuckDuckGo spokesman Kamyl Bazbaz who said thatGoogle had a “stranglehold on major distribution points for more than a decade.” Google has denied wrongdoing and is prepared to vigorously defend itself. The legal fight has huge implications for Big Tech, which has been accused of buying or strangling small competitors but has insulated itself against many accusations of breaking antitrust law because the services the companies provide to users are free, as in the case of Alphabet’s Google and Facebook, or low price, as in the case of Amazon.com. “It would be difficult to overstate the importance of this case, particularly for monopolies and companies with significant market share,” antitrust lawyer Luke Hasskamp told Reuters. “This will be a major case, particularly for the major tech companies of the world (Google, Apple, Twitter, and others), which have grown to have an outsized role in nearly all our lives,” he added. Previous antitrust trials of similar importance include Microsoft, filed in 1998, and AT&T, filed in 1974. The AT&T breakup in 1982 is credited with paving the way for the modern cell phone industry while the fight with Microsoft is credited with opening space for Google and others on the internet. Congress tried to rein in Big Tech last year but largely missed. It considered bills to check the market power of the companies, like legislation to prevent them from preferencing their own products, but failed to pass the most aggressive of them. Big Tech’s rivals now pin their hope on Judge Amit Mehta, who was nominated by former President Barack Obama to the U.S. District Court for the District of Columbia. The lawsuit that goes to trial was brought by former President Donald Trump’s Justice Department. In a rare show of bipartisan agreement, President Joe Biden’s Justice Department has pressed on with the lawsuit and filed a second one against Google in January focused on advertising technology. Judge Mehta will decide if Google has broken antitrust law in this first trial, and, if so, what should be done. The government has asked the judge to order Google to stop any illegal activity but also urged “structural relief as needed,” raising the possibility that the tech giant could be ordered broken up. The government’s strongest arguments are those against Google‘s revenue sharing agreements with Android makers, which requires Google to be the only search on the smartphone in exchange for a percentage of search advertising revenue, said Daniel McCuaig, a partner at Cohen Milstein who was formerly with the U.S. Justice Department’s Antitrust Division. Additional reporting by Reuters Read More AI can help generate synthetic viruses and spark pandemics, warns ex-Google executive Google boss says he wants to make people ‘shrug’ How Google reshaped the world – and is about to do it all over again AI is using vast amounts of water Elon Musk says monkeys implanted with Neuralink brain chips were ‘close to death’ Volcano discovery could power electric cars for decades, scientists say
2023-09-12 01:55

T-Mobile Kicks Off Two-Part Bond Sale While Issuance Spree Roars On
T-Mobile US Inc. is tapping the US investment-grade bond market on Monday as blue-chip firms rush to raise
2023-09-12 01:55

Treasury's Adeyemo calls for eliminating subsidies, including to energy companies
The United States should think about eliminating corporate subsidies, including to energy companies, U.S. Deputy Treasury Secretary Wally
2023-09-12 01:16

Americans have never been wealthier
Fueled by a resurgent stock market and rising home values, US household wealth hit a record $154.3 trillion during the second quarter of this year, according to federal data.
2023-09-12 00:58

Morgan Stanley strategists tout health stocks in "late cycle" market
By Lewis Krauskopf NEW YORK Morgan Stanley equity strategists said on Monday that markets are in a "late
2023-09-12 00:54

Burton to leave creative direction of Kering label Alexander McQueen
PARIS Alexander McQueen creative director Sarah Burton will leave the Kering-owned fashion label after two decades, the latest
2023-09-12 00:54