The United Auto Workers union has threatened to expand its strike against the Big Three automakers on Friday, Microsoft’s acquisition of Activision...
Stock futures were up modestly Friday following the S&P 500 ‘s 1.6% drop on Thursday, its worst day since March, as investors reacted to signals from the Federal Reserve that it could keep interest rates higher for longer.Ford rose 0.2%, General Motors gained 0.4%, and Stellantis dipped 0.4% with the United Auto Workers union threatening to expand its strike against the Big Three automakers on Friday if substantial progress isn’t made in negotiations.
VinFast Auto , the Vietnamese electric-vehicle maker, reported a second-quarter loss of $526.7 million, which was 8% narrower than the year-earlier period. The company said it delivered 9,535 vehicles in the second quarter, up from 1,789 a year earlier. The stock rose 1.5% in premarket trading.
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Japanese stocks fall for third day as Hong Kong stocks dropStocks in the Asia-Pacific region mostly tumbled Thursday, Sept. 21, with shares in Hong Kong declining for the second day and the Japanese market showing a...
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UK regulators likely to decide on Microsoft’s Activision Blizzard deal next week.The UK’s Competition and Markets Authority (CMA) is expected to issue a preliminary decision on Microsoft’s Activision Blizzard deal next week, a source familiar with the situation tells The Verge. It follows Microsoft restructuring its deal — after the CMA blocked it over cloud gaming concerns — to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. This preliminary decision will then be followed by a final one, due by October 18th. The UK is the final regulatory hurdle for Microsoft’s giant deal.
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Britain says may clear restructured Microsoft-Activision deal By ReutersBritain says may clear restructured Microsoft-Activision deal
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Britain says may clear restructured Microsoft-Activision dealMicrosoft's restructured acquisition of Activision Blizzard 'opens the door' to the deal being cleared, Britain's antitrust regulator said on Friday.
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UK regulator says it may clear Microsoft's new Activision Blizzard takeover offerThe U.K.’s competition regulator on Friday said Microsoft’s restructured takeover proposal of Activision Blizzard, submitted in August, “opens the door to the deal being cleared.”
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