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☆ Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through the upcoming earnings-packed schedule on Wall Street, saying to focus on reports from companies such as Uber , Disney and Warner Bros. Since April's labor report was weaker than expected, he said investors can worry less about the Federal Reserve's next move. Monday brings earnings from Simon Property Group and Tyson Foods , the latter of which Cramer said he thinks could be a "bounce-back play." Wynn Resorts and Reddit also release earnings that day, and Cramer said he thinks both could put up solid numbers. Cramer will be paying attention to Uber's report on Wednesday, saying he wonders whether its earnings will be hurt by competition from Lyft .

Persons: CNBC's Jim Cramer, Cramer, Warren, Reddit, Airbnb, Robinhood Organizations: Disney, Warner Bros ., Federal, Berkshire Hathaway, American Express, Apple, Cola, Occidental Petroleum, Simon Property, Tyson Foods, Wynn Resorts, Lyft, Toyota, AMC Entertainment, Warner Bros, Discovery, National Basketball Association, Akamai Technologies, Federal Trade, Capri, Enbridge

☆ A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights
▼ + stars: | 2024-04-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Read previewThe Biden administration this week pushed out a slate of rules it says are meant to boost competitiveness and put more money into workers' pockets. There are already challenges to at least one of the rules — but together they could land overtime pay for millions more workers, ban noncompetes that prevent workers from moving into jobs in similar industries, and help people get automatic refunds for delayed or canceled flights. More workers eligible for overtime payUnder the Department of Labor's new rule, many workers who make under $43,888 will be eligible for overtime pay effective July 1. A ban on noncompetes that keep workers from taking new jobsPerhaps the most sweeping action for workers came from the Federal Trade Commission, which finalized a rule to ban noncompetes in most cases. Will a ban on noncompetes, new overtime thresholds, or airline refunds affect your life?

Persons: —, Biden, Lael Brainard, That's, it's, Judy Conti, Pete Buttigieg, Brainard, Aaron, Ryan, John Smith, Suzanne Clark, Jeremy Merkelson, Davis Wright Tremaine, Merkelson, Elizabeth Wilkins, Wilkins Organizations: Service, Business, National Economic Council, Department of, National Employment Law, of Transportation, Federal Trade Commission, . Upjohn Institute, Employment Research, of Commerce, Texas Association of Business, Federal Trade, Chamber of Commerce, FTC

☆ Cramer says Washington's antitrust fights against Big Tech don't hold weight
▼ + stars: | 2024-03-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday told investors he thinks the government's antitrust lawsuits against prominent names in Big Tech — Apple , Alphabet 's Google and Amazon — aren't justified. "Honestly, I wish the White House would just admit the truth: They want to make the biggest businesses less powerful," he said. The DOJ also alleged Apple has a "smartphone monopoly" that makes it difficult and pricey for consumers and developers to venture outside the Apple ecosystem. If they annihilate Google, I guess we'll take our queries to Claude 3," Cramer said. "And if they get [Apple CEO] Tim Cook, maybe for the first time, someone will want a Nokia smartphone."

Persons: CNBC's Jim Cramer, Alphabet's, Apple, Cramer, Claude, Tim Cook Organizations: Big Tech, Federal, Amazon, The, Justice, Alphabet's Google, DOJ, Google, Apple, Nokia, FTC

☆ Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
▼ + stars: | 2024-02-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +11 min

Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.

Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe

☆ Tapestry bets on high prices as Coach parent cuts 2024 sales view
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

A signage is seen in the offices of Tapestry, Inc., in Manhattan, New York, U.S., November 19, 2021. Shares of the Coach parent rose 6% in early trading, as its profit beat market expectations. Sales at Coach, Tapestry's biggest brand, grew 3%, as demand for its Tabby shoulder bags nearly doubled from last year. It expects 2024 revenue of about $6.7 billion, lower than its prior target of nearly $6.9 billion, weighed by a stronger dollar. Net sales were flat at $1.51 billion in the quarter ended Sept. 30 from last year.

Persons: Andrew Kelly, Joanne Crevoiserat, Crevoiserat, Savyata Mishra, Juby Babu, Arun Koyyur Organizations: Tapestry, Inc, REUTERS, Capri, U.S . Federal, Thomson Locations: Manhattan , New York, U.S, North America, China, Bengaluru

☆ Exclusive: Amazon.com previews FTC defense at companywide meeting -transcript
▼ + stars: | 2023-11-08 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +3 min

Nov 7 (Reuters) - Amazon.com's (AMZN.O) top lawyer on Tuesday previewed the broad outlines of the company's possible defense against the U.S. Federal Trade Commission's antitrust lawsuit against the retailer, at a private companywide meeting. The lawsuit, which was joined by 17 state attorneys general, was filed in federal court in Seattle and follows a four-year investigation into the company's practices. The FTC takes "issue with us refusing to show prices that are higher than our biggest competitors," Zapolsky said on Tuesday, according to the transcript. "It’s not that we don’t let customers sell at these prices, we just don’t feature that product at that price." Amazon has said it disagrees with the FTC and would defend itself in court.

Persons: David Zapolsky, Taylor Swift, Zapolsky, Andy Jassy, Ty Rogers, Greg Bensinger, Kenneth Li, Matthew Lewis, Leslie Adler Organizations: U.S . Federal Trade, Reuters, Amazon, U.S . Federal Trade Commission, Big Tech, FTC, Thomson Locations: Seattle, San Francisco

☆ Exclusive: Amazon previews FTC defense at companywide meeting
▼ + stars: | 2023-11-07 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +3 min

Nov 7 (Reuters) - Amazon.com's (AMZN.O) top lawyer on Tuesday previewed the broad outlines of the company's possible defense against the U.S. Federal Trade Commission's antitrust lawsuit against the retailer, at a private companywide meeting. The lawsuit, which was joined by 17 state attorneys general, was filed in federal court in Seattle and follows a four-year investigation into the company's practices. The agency asked the court to issue a permanent injunction ordering Amazon to stop what it called unlawful conduct. Amazon has said it disagrees with the FTC and would defend itself in court. "The whole complaint is based on a very constrained and manufactured view that Amazon is a monopoly," said Zapolsky.

Persons: David Zapolsky, Taylor Swift, Zapolsky, Andy Jassy, Ty Rogers, Greg Bensinger, Kenneth Li, Matthew Lewis Organizations: U.S . Federal Trade, Reuters, Amazon, U.S . Federal Trade Commission, Big Tech, FTC, Thomson Locations: Seattle, San Francisco

☆ Some student-loan borrowers with private debt are being forced to make payments they don't owe, a federal watchdog says
▼ + stars: | 2023-10-23 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The CFPB released a report analyzing complaints from private and federal student-loan borrowers. AdvertisementAdvertisementSome lenders might be discouraging private student-loan borrowers from receiving relief to which they're entitled. In that time period, 9,284 student-loan borrowers submitted complaints — 6,934 of which were related to federal loans and 2,350 of which were related to private loans. The current private student-loan portfolio in the US has about $132 billion in outstanding debt, which is 8% of the total outstanding student debt. As Insider previously reported, private student-loan borrowers are more vulnerable than federal borrowers because they do not have the same avenues for federal debt relief and repayment, and it's harder to regulate private lenders that can set their own terms.

Persons: —, Robert Cameron, Federal Trade Commission's, it's, Cameron Organizations: Service, Consumer, Federal Trade

Facebook's new rebrand logo Meta is seen on smartphone in front of displayed logo of Facebook, Messenger, Instagram, Whatsapp and Oculus in this illustration picture taken October 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Meta Platforms Inc FollowWASHINGTON, Oct 17 (Reuters) - Lawyers for Meta (META.O), which owns Facebook, Instagram and WhatsApp, and the U.S. government tangled on Tuesday over the U.S. Federal Trade Commission's plan to toughen a 2019 privacy order. Speaking for Meta on Tuesday, James Rouhandeh argued that Judge Timothy Kelly of the U.S. District Court for the District of Columbia had jurisdiction to take the case and should scrap the FTC's proposal because Meta had not agreed to it. Arguing for the FTC, Zachary Cowan of the Justice Department said that it was the agency's decision on whether its settlements should be changed and the district court had no jurisdiction. Essentially, the fight is whether Meta and the FTC, if they fail to settle, will go to district court or an FTC judge to decide if the 2019 agreement will be modified.

Persons: Dado Ruvic, James Rouhandeh, Timothy Kelly, Meta, Zachary Cowan, Kelly, Diane Bartz, Marguerita Choy Organizations: Facebook, REUTERS, WASHINGTON, Meta, U.S, U.S . Federal, District of Columbia, Justice Department, FTC, Thomson Locations: toughen

☆ Meet Microsoft games chief Phil Spencer, who helped drive $69 billion Activision deal
▼ + stars: | 2023-10-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

When Phil Spencer took the helm of Microsoft's gaming division in 2014, he and newly appointed CEO Satya Nadella weren't sure if the company should keep investing in the Xbox, which was losing to Sony. Less than a decade later, Spencer and the Xbox are at the center of the software company's largest acquisition ever. Coyner, who left Microsoft in 2018, said he's confident that smart people at the company can explain the high price. He told an interviewer from gaming website Shacknews in 2020 that he only got to become head of Microsoft's gaming division because so many other people had left, and he was still there. In the most recent fiscal year, gaming revenue was $15.5 billion, accounting for 7.3% of total Microsoft sales.

Persons: Phil Spencer, Satya Nadella weren't, Spencer, Don Coyner, it's Organizations: Sony, Activision, Microsoft, European Commission, Federal Trade, FTC, Nintendo Locations: U.S, San Francisco

☆ Top Wall Street analysts believe in the long-term potential of these stocks
▼ + stars: | 2023-10-15 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

In this article COSTMUINTCMETAAMZN Follow your favorite stocks CREATE FREE ACCOUNTAn Amazon delivery truck at the Amazon facility in Poway, California, Nov. 16, 2022. Investors seeking a sense of direction can turn to analysts who identify companies that have lucrative long-term prospects and the ability to navigate near-term pressures. To that end, here are five stocks favored by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. JPMorgan analyst Doug Anmuth noted the recent sell-off in AMZN stock and highlighted certain investor concerns. Also on investors' mind is Amazon Web Services' growth, with multiple third-party data sources indicating a slowdown in September.

Persons: Sandy Huffaker, Wall, Doug Anmuth, Anmuth, TipRanks, Needham, Quinn Bolton, Bolton, Sidney Ho, Ho Organizations: MU, Reuters Investors, Investors, JPMorgan, Federal Trade, Meta, Meta Connect, Intel, Systems Business, PSG, Bolton, TipRanks, Micron Technology, Deutsche Bank, Micron, Costco Locations: Poway , California

Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals. It marks a career-defining moment for Spencer, who first joined Microsoft as an intern in 1988 and has helmed Xbox since 2014. When the companies announced a planned merger in January 2022, Microsoft CEO Satya Nadella made clear it would be "critical for Activision Blizzard to drive forward” on its commitments to improve its workplace culture. As of late last year, Activision Blizzard had 13,000 employees, about 72% in North America, according to a regulatory filing. “It is a new day for workers at Activision Blizzard,” said CWA President Claude Cummings Jr. in a statement Friday.

Persons: Phil Spencer, Spencer, “, ”, Gil Luria, Davidson, he’s, Bobby Kotick, who's, Kotick, Satya Nadella, Joe Biden's, ” Luria, George Jijiashvili, Elder, ” Jijiashvili, Claude Cummings Jr, ” Cummings Organizations: Activision Blizzard, Microsoft, Activision, PlayStation, Sony, U.S . Federal Trade, ZeniMax Media, Bethesda Softworks, Communications Workers of America Locations: Southern California, U.S, United Kingdom, San Francisco, Bethesda, North America, Canada

☆ Amazon's latest sales event demonstrates 'the power of the Prime subscription'
▼ + stars: | 2023-10-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Amazon's two-day Prime Big Deal Days on Tuesday and Wednesday "outpaced" last year's inaugural "holiday kickoff" event , the company said Thursday. The event is a follow-up to Amazon's main Prime Day sale held in July. In the last two years, however, its market share has flatlined," Lipsman said. Still, Amazon's latest Prime event is "a strong indicator of consumer demand heading into the holiday season," he said. An Amazon worker moves boxes on Amazon Prime Day in the East Village of New York City, July 11, 2023.

Persons: Amazon's, Jeff Marks, Andrew Lipsman, Lipsman, That's, Goldman Sachs, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Investing, Amazon, U.S . Federal Trade, Intelligence, CNBC, Getty Locations: East, New York City

☆ How finally closing its Activision purchase will diversify Microsoft's revenue streams
▼ + stars: | 2023-10-13 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Microsoft (MSFT) closed its landmark acquisition of Activision Blizzard (ATVI), according to a company regulatory filing Friday, furthering the Big Tech name's video game ambitions. However, this biggest video game deal ever was completed despite the Federal Trade Commission's (FTC) ongoing fight to block it. Activision reported $7.5 billion in revenue for the 2022 fiscal year, in comparison to Microsoft's $212 billion in sales for the same period. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Microsoft submitted a new proposal to U.K. regulators for the takeover of American game publisher Activision Blizzard after its initial proposal was rejected.

Persons: Victoria Graham, Jim Cramer, Jim, Tony Hawk, Jim Cramer's Organizations: Microsoft, Activision Blizzard, Big Tech, Activision, pushback, Markets, CMA, Ubisoft, Federal Trade Commission's, CNBC, FTC, Xbox, Nurphoto, Getty Locations: U.S, OpenAI

☆ Here's a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
▼ + stars: | 2023-10-11 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +16 min

Here's a rapid-fire update on all stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. After reducing expenses to improve margins on its retail business, Jim said it's on the right track. Costco Wholesale (COST): Costco remains one of Jim's favorite stocks in the entire our entire portfolio. Ford Motor (F): Jim expressed confidence in Ford CEO Jim Farley, as the targeted United Auto Workers strike approaches the one-month mark. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, there's, it's, Bausch, we're, We've, Coterra, Dupont, We're, Nelson Peltz, Peltz, Estee Lauder, Patience, Fabrizio Freda, Emerson, Jim Farley, Ford, Locker, Mary Dillon, GEHC, Vimal Kapur, Bruce Broussard, Broussard, he's, Eli Lilly, Lilly, Mark Zuckerberg, Morgan Stanley, Morgan Stanley's, James Gorman, Laxman Narasimhan, Elliott, Stanley Black, Decker, Piper, Wells Fargo, Wells, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Federal Trade, Broadcom, VMWare, Bausch Health, Caterpillar, Costco Wholesale, Costco, Coterra Energy, Exxon Mobil, Natural Resources, Disney, ESPN, Hulu, Comcast, Emerson, National Instruments, Ford, United Auto Workers, Nike, GE Healthcare, Electric, GE, Honeywell International, Honeywell, Humana, Linde, LIN, Microsoft, Nvidia, Oracle, Alto Networks, cyberattacks, Palo Alto Networks, Procter & Gamble, Pioneer, Exxon, Constellation Brands, Elliott Management, FactSet, TJX, Marshalls, Wynn Resorts, WYNN, Jim Cramer's Charitable Locations: China, U.S, Maxx, Las Vegas, Boston, Macau, Asia

☆ Why we 'know we have to buy something' in this oversold market
▼ + stars: | 2023-10-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. That means "we know we have to buy something because of our discipline," Jim Cramer said Tuesday. "There are a lot of reasons to buy Amazon," Jim said Tuesday. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Emerson, it's, KeyBanc, Jim, Jim Cramer's Organizations: CNBC, Labor, Nasdaq, Emerson UBS, Emerson, Amazon JPMorgan, JPMorgan, Amazon Web, U.S . Federal Trade Locations: midmorning

Qualcomm has denied any wrongdoing and had asked the judge to reject the consumers' claims. The consumers' case was in Corley's court following a 9th Circuit ruling in 2021 that struck down an order certifying a nationwide consumer class action. In January, Corley dismissed core antitrust elements of the plaintiffs' claims but let the case move forward. The consumers' lawyers told Corley that "Qualcomm turns a blind eye to the massive evidentiary record" backing the consumers' allegations of exclusive dealing. The case is In re: Qualcomm Antitrust Litigation, U.S. District Court, Northern District of California, No.

Persons: Dado Ruvic, Jacqueline Scott Corley, Corley, Joseph Cotchett, Kalpana Srinivasan, Susman Godfrey, Robert Van, Van, Gary Bornstein, Richard Taffet, Morgan, Lewis, Bockius Read, Mike Scarcella, Leigh Jones Organizations: Qualcomm, REUTERS, Tuesday, U.S, Apple, U.S . Federal, Circuit, Qualcomm Antitrust Litigation, Court, Northern District of, McCarthy, Thomson Locations: California, San Francisco, San Diego, Northern District, Northern District of California, Cotchett, Pitre, U.S

☆ FTC Chair Lina Khan: We only bring cases when we believe there's a law violation
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTC Chair Lina Khan: We only bring cases when we believe there's a law violationFTC Chair Lina Khan joins 'Squawk Box' to discuss the Federal Trade Commission's antitrust lawsuit against Amazon, accusing the company of illegally using market power to raise prices and exclude competition, the antitrust landscape, and more.

Persons: Lina Khan Organizations: Trade, Amazon

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. A pullback in the 10-year Treasury yields provided some relief to megacap growth stocks including Apple (AAPL.O), Microsoft (MSFT.O), Tesla (TSLA.O) and Alphabet (GOOGL.O), up between 0.4% and 0.6%, in premarket trading. Amazon.com (AMZN.O) edged 0.2% higher after Tuesday's sell-off following the U.S. Federal Trade Commission's antitrust lawsuit against the online retailer. Costco (COST.O) dipped 2% even though the wholesale retailer reported better-than-expected fourth-quarter results, with analysts pinning the fall on broader market concerns. Reporting by Ankika Biswas, Shashwat Chauhan and Amruta Khandekar in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Peter Cardillo, Jerome Powell's, gridlock, Ankika Biswas, Shashwat Chauhan, Amruta, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Costco, Dow, Nasdaq, Federal, Apple, Microsoft, U.S . Federal Trade, Dow e, Spartan Capital Securities, U.S . Senate, Republican, Rivian Automotive, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ FTC Chair Lina Khan: Amazon lawsuit is about protecting free and fair competition
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTC Chair Lina Khan: Amazon lawsuit is about protecting free and fair competitionFTC Chair Lina Khan joins 'Squawk Box' to discuss the Federal Trade Commission's antitrust lawsuit against Amazon, accusing the company of illegally using market power to raise prices and exclude competition, the antitrust landscape, and more.

Persons: Lina Khan Organizations: Trade, Amazon

The U.S. consumer agency, which enforces federal antitrust law, and 17 states filed their lawsuit against Amazon in Seattle federal court on Tuesday, asking a U.S. judge to consider an injunction and other penalties to combat alleged unlawful conduct. The FTC's lawsuit is related to but broader than a series of private consumer cases filed in recent years against Amazon that are pending in the same U.S. federal court. The private antitrust cases offer an early window into some of the legal arguments Amazon could be expected to make to challenge the FTC's lawsuit. Generally speaking, U.S. judges are "wary of using antitrust law to punish low-pricing behavior," said antitrust scholar Sean Sullivan of the University of Iowa's law school. Sullivan said it is not always a clear line between "good low pricing" — based on market competition — and "bad low pricing" that helps a company acquire or maintain market power.

Persons: Mike Segar, David Balto, Diane Hazel, Foley, Lardner, Hazel, Tom Cotter, David Zapolsky, Zapolsky, Lina Khan, Ricardo Martinez, Martinez, George W, Bush, Sean Sullivan, Sullivan, Mike Scarcella, Leigh Jones Organizations: REUTERS, U.S . Federal Trade, Amazon.com, Amazon, Reuters, FTC, U.S, University of Minnesota Law School, District, University of, Thomson Locations: Manhattan, New York City, U.S, Seattle, Washington, Mt, Rainier

More than 9 million merchants sell their wares on Amazon's marketplace and also supply it with steady streams of revenue. Amazon collects advertising fees for touting their products, fulfillment fees for delivery in addition to less specific "sellers' fees." Some merchants welcome the potential of relaxed seller and advertising charges, while others worry that completely dissolving Amazon's advertising services would harm their ability to reach shoppers. The FTC found that the company's fulfillment fees increased approximately 30% between 2020 and 2022. Dieterle relies on Amazon's fulfillment and advertising services to boost merchandise sales.

Persons: Mike Segar, Rick Dieterle, Dieterle, Lindsay Windham, Bryan Croft, Croft, Big, Jason Hince, Hince, Stacy Mitchell, Arriana McLymore, Matthew Lewis 私 Organizations: REUTERS, Rights, Merchants, U.S . Federal Trade, Big Tech, Amazon, FTC, Taco Brands, Union, HC Brands, Big Crazy Buffalo, Facebook, Google, Big, Institute for Local Locations: Manhattan, New York City, Rights RALEIGH, North Carolina, Buffalo, Raleigh , North Carolina

☆ US government shutdown: What is it and who would be affected?
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +7 min

Contracts awarded prior to the shutdown would continue, and the Pentagon could place new orders for supplies or services needed to protect national security. NATIONAL PARKS AND NATURAL RESOURCESIt's not clear how the United States' 63 national parks would be affected. They remained open during the 2018-2019 shutdown, through restrooms and information desks were closed and waste disposal was halted. WHITE HOUSEIn 2018-2019 shutdown, the White House furloughed 1,100 of 1,800 staff in the Executive Office of the President. Some offices, such as the National Security Council, continued at full strength, while others like the Office of Management and Budget were scaled back sharply.

Persons: Kevin Wurm, Lockheed Martin, Donald Trump, Pete Buttigieg, Pell, Andy Sullivan, Pete Schroeder, Howard Schneider, Moira Warburton, Scott Malone, Alistair Bell Organizations: U.S, Capitol, REUTERS, Workers, Pentagon, Boeing, Lockheed, Raytheon, The, National Nuclear Security Administration, FBI, Drug Enforcement Administration, Service, Border Patrol, Coast Guard, Federal Trade, AFFAIRS U.S, National Institutes of Health, National Science Foundation, National Oceanographic, Atmospheric Administration, NASA, Space, Disease Control, Prevention, Food and Drug Administration, Securities, Exchange, Commodities, Futures Trading, Federal Reserve, Federal Deposit Insurance Corporation, Currency, Social Security Administration, Veterans Administration, Federal Emergency Management Agency, Education Department, White, Small Business Administration, National Labor Relations, National Security Council, Management, U.S . Postal, Thomson Locations: Washington , U.S, United States

☆ Microsoft's Xbox plans revealed in emails tied to FTC case
▼ + stars: | 2023-09-19 | by ( Kevin Collier | ) www.cnbc.com time to read: +2 min

An attorney with the Federal Trade Commission (FTC) carries an XBOX game console box following a hearing at the Phillip Burton Federal Building and U.S. A huge collection of purported Xbox files related to the Federal Trade Commission's case against Microsoft have been published online, spilling some of the company's plans for the gaming console into public view. They include more than 100 documents, many of them partially redacted, related to Microsoft's Xbox plans. The files include emails from corporate executives like Microsoft Gaming CEO Phil Spencer and timetables for gaming releases. Some of the documents include Microsoft Gaming senior employees discussing the value of the exclusive hold they have on key video game titles.

Persons: Phillip Burton, Douglas Farrar, Phil Spencer, It's Organizations: Federal Trade Commission, Phillip Burton Federal Building, Federal Trade, Microsoft, U.S, Northern, Northern District of, Activision Blizzard, NBC News, Microsoft Gaming, Sony, Elder Locations: San Francisco , California, Northern District, Northern District of California

☆ Cramer: These things could soon break the bulls' way, plus 4 stocks to buy
▼ + stars: | 2023-09-10 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

If you don’t know a soul that is bullish — and I mean flat-out positive — you may need some new friends. I say I am a naked opportunist and I feel naked and alone right now in saying we might have a bunch of things that could break the bulls' way. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: —, We’ve, sotto, Shawn Fain, Leon Trotsky, Fain, Lululemon, LULU, Robert Bradway, Amgen, Lina Khan, Khan, Trump, Estee Lauder, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Federal Reserve, Softbank's Arm Holdings, United Auto Workers, UAW, Federal Trade, Activision Blizzard, Horizon Therapeutics, FTC, Apple, GE HealthCare, Disney, Bausch Health, Honeywell, Jim Cramer's Charitable, CNBC, NYSE Locations: Russian, U.S, Wells

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