US Business

Federal Trade Commission staff members are recommending that the agency bring an antitrust case against Facebook, according to people familiar with the matter, but commissioners haven’t reached a decision.

The committee acted after the companies limited sharing of New York Post articles regarding Democratic presidential nominee Joe Biden’s son Hunter.

Walmart sued the federal government in an attempt to strike a pre-emptive blow against what it said is an impending opioid-related civil lawsuit from the Justice Department.

The target of the U.S. government’s last major tech antitrust campaign, Microsoft, could be the biggest beneficiary of its newest, the lawsuit the Justice Department filed this week against Google.

Founder Jeffrey Katzenberg and Chief Executive Meg Whitman decided to shut down the company in an effort to return as much capital to investors as possible instead of trying to prolong the life of the company and risk losing more money.

The electric-car maker revived a pre-pandemic target to build at least 500,000 vehicles this year.

The U.S. government needs to show how Google’s alleged conduct is harmful even as it gives away its services, experts say. Google likely will need to explain why it has paid billions to ensure its search engine is the default on mobile phones.

The settlement, which includes guilty pleas, helps clear the way for the bankrupt OxyContin maker to pay cities and states that accuse it of fueling the opioid crisis.

Google, facing a U.S. antitrust lawsuit, is a major player in many businesses and minor in others. Here’s a look at its footprint in several areas.

Snap Chief Executive Evan Spiegel said he was pleased with the company’s growth and will continue long-term investments on things including augmented reality for its app.