Trump or Harris? 2024 stakes for America’s businesses

Trump or Harris? 2024 stakes for America’s businesses

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options. For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and … Read more

Apple issues ‘very serious’ under landmark EU rules: Vestager

Apple issues ‘very serious’ under landmark EU rules: Vestager

Apple has a number of “very serious” issues under the European Union’s sweeping rules aimed at reining in Big Tech, the bloc’s competition chief Margrethe Vestager told CNBC on Tuesday, following reports that regulators are preparing charges against the iPhone maker. In March, the European Commission, the EU’s executive arm, opened a probe into Apple, … Read more

Adobe and Figma call off $20 billion merger

Adobe and Figma call off  billion merger

Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies said “there is no clear path to receive necessary regulatory approvals from the European Commission and the UK Competition and Markets Authority.” Adobe shares rose around … Read more