Stocks rally, oil prices fall amid talk of Iran ceasefire
U.S. stocks rose Wednesday and global oil prices fell in yet another volatile trading session as traders and investors were buffeted by constant headlines about the war in Iran. News…
Economy
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Trump rejects off-ramp to fund DHS as airport delays worsen
WASHINGTON — On Sunday, Senate Majority Leader John Thune, R-S.D., discussed an off-ramp with President Donald Trump to reopen TSA and end the long lines and delays at airports. It…
United Airlines says it will boot passengers who refuse to use headphones on planes
Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could…
DOJ takes Live Nation-Ticketmaster to court for antitrust trial
The Justice Department’s endeavor to break up Live Nation, Ticketmaster’s parent company, has officially made its way to the courtroom. The antitrust case, which began with jury selection Monday, is…
L.A. County sues Roblox, alleges platform makes it easy for adults to target children
Los Angeles County filed a civil lawsuit against Roblox, alleging that the platform markets itself as a gaming experience for children but has created a ‘largely unsupervised online world’ that…
CFTC chief sides with prediction markets over state regulators in a high-stakes court case
The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a…
Justice Department’s antitrust chief says she’s leaving, effective immediately
The head of the Justice Department’s antitrust unit said Thursday she is leaving the role, effective immediately, at a critical moment for corporate mergers in America. Gail Slater, the assistant…
Cardi B’s cameo in Bad Bunny’s Super Bowl halftime show leads to dispute on prediction markets
CHICAGO — Cardi B was part of Bad Bunny’s Super Bowl halftime show. What she did exactly, well, that turned into a perplexing question for two major prediction markets. At…
Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds.…
Landmark trial accusing social media companies of addicting children to their platforms begins
LOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms. Opening…