A U.K. regulator made the surprising decision to block Microsoft’s deal for Activision Blizzard in a further sign of resistance of the power of Big Tech.
: Netflix loses over one million users in Spain after password sharing crackdown
Streaming giant Netflix is without more than 1 million subscribers in Spain now, due to a password crackdown.
: Bed Bath & Beyond bankruptcy: Moody’s weighs impact on commercial mortgage loans
The fallout from Bed Bath & Beyond’s bankruptcy continues.
Economic Report: U.S. trade deficit in goods shrinks to 4-month low on lower oil prices and rebound in exports
The U.S. trade deficit in goods shrank 8.4% in March to a four-month low due a snapback in exports, potentially giving a small lift to first-quarter GDP.
: Nikki Haley says ‘no Republican president will have the ability to ban abortion nationwide’
Republican presidential hopeful Nikki Haley on Tuesday delivers a speech on abortion in the Washington, D.C., area.
: House could vote as soon as today on U.S. debt-ceiling bill after last-minute tweaks
The House of Representatives could vote as soon as Wednesday on a bill to raise the U.S. borrowing limit.
The Ratings Game: Alphabet earnings met with calls for patience when it comes to the AI race
Shares of Alphabet slipped in premarket trading on Wednesday as investors pored over the company’s latest results and its updates on the AI race.
Economic Report: Durable-goods orders get Boeing boost, but waning investment gives bad vibes for the economy
Orders for manufactured goods got a boost in March from contracts for Boeing planes, but business investment fell again in another sign of a slowing economy.
Earnings Outlook: Meta earnings preview: Can Facebook remain resilient amid online-ad downturn?
Meta shares have enjoyed a big rally this year, and the company will put its $500 billion-plus valuation to the test Wednesday when it reports results.
: EU targets 19 large tech companies over online content rules
The European Union cites Apple, Amazon, Google, Meta, Microsoft and other tech companies in an effort to enforce its Digital Services Act.
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