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US Justice Department casts wide net on Netflix’s business practices in merger probe, WSJ reports
The DOJ is reviewing whether Netflix used anti-competitive tactics in its proposed $82.7B bid for Warner Bros Discovery.
As USMCA review looms, experts say auto industry’s future is uncertain
Trade experts warn the July USMCA review could reshape the auto industry as uncertainty grows over tariffs, China and U.S. policy.
Amazon shares slide as $200 billion outlay fans fears over AI returns
Amazon stock fell after unveiling a $200 billion AI capex plan, raising investor fears and questions about Big Tech returns.
Global chip sales expected to hit $1 trillion this year, industry group says
SAN FRANCISCO, Feb 6 (Reuters) – Global semiconductor sales are expected to hit $1 trillion this year, the Semiconductor Industry Association said on Friday. The group, which represents most U.S. chip firms, said that chip sales hit $791.7 billion in 2025, an increase of 25.6% over the previous year. That booming growth is[...]
OpenAI unveils AI agent service as part of push to attract businesses
SAN FRANCISCO, Feb 5 – Your next coworker might be generated by AI. OpenAI on Thursday said it is launching a service, called Frontier, for companies to build and manage so-called artificial-intelligence agents, or AI tools that can complete specific tasks, like fixing a software bug. The platform is part of a broader effo[...]
Dollar hits nearly two-week high as stocks wobble; pound slides after BoE holds
The dollar rose to a two-week high as stock volatility rattled markets and the pound slid after a tight Bank of England vote.
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
Alphabet is emerging as an AI leader, but investor worries rose after Google said it could spend up to $185B this year.
Bitcoin tumbles below $70,000, wiping out gains since Trump 2024 win
Bitcoin slid below $70,000 as investors worried a more hawkish Fed under Kevin Warsh could drain liquidity from crypto.
US weekly jobless claims increase more than expected
Weekly U.S. jobless claims rose more than expected, likely driven by snowstorms, while the labor market remained stable.
US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal
Sen. Tim Scott said Fed Chair Jerome Powell did not break the law, pushing back on a DOJ probe tied to Fed testimony.
US private payrolls increase modestly in January amid manufacturing job losses
U.S. private payroll growth slowed sharply in January, with job losses in professional services and manufacturing offsetting gains in education, health care and construction, according to ADP.
Senators push $70 billion funding deal to support Trump’s critical minerals push, FT reports
Lawmakers move to add $70B to the Export-Import Bank to back Trump’s push to secure U.S. critical minerals supplies.
