ThemusicalG

A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard.The San Francisco-based 9th U.S. Circuit Court of Appeals upheld a lower judge's order that said the FTC was not entitled to a preliminary injunction blocking the deal, which closed in 2023.A three-judge panel unanimously ruled that the lower judge had applied the correct […]

Treasury Secretary Scott Bessent on Wednesday offered insights into how the Trump administration plans to approach the regulation of the digital asset industry during a congressional hearing.Bessent testified before the House Financial Services Committee about the international financial system and said the administration wants the digital assets industry to come to the U.S. and play a global leadership role in the sector."We believe that the United States should be the premier destination […]

Crafts retailer Joann is offering hefty discounts on its products ahead of its stores shutting their doors for good by the end of the month. The company’s website said its "going out of business" sales at its stores offered 50-80% off, though "limited exclusions apply" and the discounts "may vary" by location.For instance, customers can get 50% discounts on thread and yarn, according to the Joann website. Sales on home decor […]