business news

JPMorgan Chase and the National Pan-Hellenic Council, Inc. (NPHC) have announced an unprecedented partnership aimed at increasing diversity in the financial services industry and...

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators are seeking to ax the deal because they say it will hurt competition. U.S. District Judge Jacqueline Scott Corley said in a ruling that the Federal Trade Commission "has not shown a likelihood it will prevail." The case was an important test for the FTC's heightened scrutiny of the technology industry under Chairperson Lina Khan, who was installed by President Joe Biden in 2021 because of her tough stance on what she sees as monopolistic behavior by tech giants such as Amazon, Google and Facebook parent Meta.

The Martin Luther King Center's summer program known as the Tarkington Work Crew is gearing up again this summer. The program aims to keep the...

WASHINGTON (AP) — Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package. It's now on its way to President Joe Biden's desk to become law before a fast-approaching deadline. The Senate ground through late-night voting Thursday to wrap up work on the hard-fought deal. The compromise package negotiated between Biden and House Speaker Kevin McCarthy leaves neither Republicans nor Democrats fully pleased with the outcome. But the result cuts spending for two years and suspends the debt limit until 2025 after the next presidential election. Biden says he will sign it into law as soon as possible.