Business Highlights: The long-awaited Amazon antitrust lawsuit, Taylor Swift's blockbuster tour

  • 📰 AP
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Business Highlights: A summary of the day’s top stories in the business world.

NEW YORK — The Federal Trade Commission’s long-awaited antitrust lawsuit against Amazon is the most aggressive move it has taken yet to tame the market power of a company that’s become synonymous with online shopping and fast deliveries. Under chair Lina Khan, the FTC hasn’t been shy about taking big swings against some of American’s biggest companies in an effort to snuff out monopolistic behavior.

NEW YORK — FTX founder Sam Bankman-Fried’s trial has taken a star turn. His former fellow top executive and ex-girlfriend Caroline Ellison testified against him on Tuesday in Manhattan federal court. She said Bankman-Fried once told her he thought someday he might be the U.S. president. Ellison blamed Bankman-Fried for crimes she admitted to last December in a cooperation deal. She was asked at one point to identify Bankman-Fried in the courtroom.

BUENOS AIRES, Argentina — Argentina’s firebrand populist presidential candidate Javier Milei is coming under fire from his rivals who are blaming him for a sharp depreciation of the local currency in the parallel market. Milei is the front-runner to win the Oct. 22 presidential election. He continues to tout his controversial plan for dollarization of the South American country’s economy. The Argentine peso has sharply depreciated over the past week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As Covid testing business drops, Abbott searches for new line of business with consumer wearablesAbbott is working to bring a new glucose-tracking wearable called Lingo to U.S. consumers next year
Source: NBCDFW - 🏆 288. / 63 Read more »