The Latest Breaking News from FTC

Minecraft is finally coming to PS5 a year after Xbox boss Phil Spencer told the FTC Sony was "reluctant" to send them dev kits

Xbox certainly isn't lacking the ability to make PS5 games these days

GamesRadar · Sep 20, 2024

High insulin prices spur a federal lawsuit against three pharmacy benefit managers

The federal government is suing some pharmacy benefit managers over a system of drug rebates that regulators say has made the price of insulin soar for patients

The Independent UK · Sep 20, 2024

FTC Sues 'Middlemen' For Inflating Insulin Drug Prices

The suit accuses the "Big Three" of steering diabetes patients toward high-priced insulin to benefit their bottom lines

International Business Times · Sep 20, 2024

Kroger and Albertsons prepare to make a final federal court argument for their merger

Closing arguments are coming up in the Federal Trade Commission's attempt to block the proposed merger of supermarket chains Kroger and Albertsons

The Independent UK · Sep 17, 2024

America’s national debt is ballooning—and any real solutions can only be bipartisan

Neither party seems to be seriously addressing a key issue: The national debt.

Fortune · Sep 16, 2024

The 5 most important economic questions CEOs still have for Harris and Trump

Tariffs, China, semiconductors and other vital economic issues have yet to be satisfactorily addressed by either candidate.

Fortune · Sep 14, 2024

Megamerger threatens higher grocery cost

Kroger and Albertsons merger would benefit brands that exploited the pandemic and high inflation to raise prices

Salon · Sep 12, 2024

"I know that this is difficult news to hear." New Microsoft Gaming layoffs hit: Xbox CEO Phil Spencer announces 650 redundancies in email to staff

Microsoft Gaming is cutting 650 staff today, after eliminating 1900 staff earlier in the year following its Activision-Blizzard acquisition. In an email to staff shared to Windows Central, Xbox CEO Phil Spencer said no studios would be closed and no devices cancelled, with most layoffs landing in corporate functions.

Windows Central · Sep 12, 2024

McDonald's Makes A Big Change To A Popular Menu Product

It is the latest move by the fast food giant that is looking to lure more customers to its restaurants

International Business Times · Sep 6, 2024

Albertsons And Kroger CEOs Push For Merger Saying It'll Allow Them To Lower Prices And Better Compete Against Walmart, Costco And Amazon

Kroger and Albertsons seek to merge, arguing it will lower prices, but the FTC opposes the merger due to competition, job losses, and store closures.

International Business Times UK · Sep 6, 2024