Business

LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and Markets Authority said Thursday that it has begun a “Phase 1” investigation…

Here’s a surprise: Disney’s media business isn’t weighing down the company anymore. The primary Disney investor narrative since 2022 has been how streaming losses, combined with a declining traditional pay TV business and a string of…

In ruling Monday that Google has held a monopoly in internet search, U.S. judge Amit Mehta invoked the company at the center of the most famous tech antitrust case in U.S. history: Microsoft. A federal judge determined in 1999 that…

Stocks slipped into the red as markets closed Wednesday, losing gains from earlier in the day as Wall Street failed to recoup losses from Monday’s massive sell-off. The Dow Jones Industrial Average fell 163 points, or 0.4%.…

Members of the main U.S. transportation regulator grilled Boeing executives Wednesday over the company’s workplace safety culture and allegations of retaliation linked to two employees who were sidelined over a January mishap involving a Boeing…

The days of sneaking into Costco with someone else’s card are coming to an end. The retailer is cracking down on sharing membership cards with a new policy in which all cards will be scanned…

The days of sneaking into Costco with someone else’s card are coming to an end. The retailer is cracking down on membership card sharing with a new policy where all cards will be scanned at…

A particular type of retail fraud soars during the summer season. “Wardrobing,” in which a shopper buys an expensive item, wears it with the tags on, and then returns the product for a refund, picks…

Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according to a press release Tuesday. The most expensive plans for…

Stock indexes had a mild rebound following a significant sell-off Monday that resulted in the market’s worst day in almost two years. The S&P 500 and the tech-focused Nasdaq Composite both closed 1% higher. The…