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Google faces antitrust déjà vu

After deflecting the U.S. Justice Department's attack on its illegal monopoly in online search, Google is facing another attempt to dismantle its internet empire in a trial focused on its abusive tactics in digital advertising. The trial that opened Monday in an Alexandria, Virginia, federal court revolves around the harmful conduct that resulted in U.S. District Judge Leonie Brinkema declaring parts of Google's digital advertising technology to be an illegal monopoly. The judge found that Google has been engaging in behavior that stifles competition to the detriment of online ...

Trump reveals Murdochs and Dell could potentially take part in TikTok deal

President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the U.S. will take control of the social video platform TikTok. Trump namedropped the 94-year-old Murdoch and his son Lachlan ...

Federal Reserve cuts key rate for first time this year

WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. The move is the Fed's first cut since December and lowered its ...

Ford moving headquarters for the first time in 7 decades

DEARBORN, Mich. (AP) — Ford Motor Co. is taking a drive down the road in a couple of months. The venerable carmaker is moving its headquarters for the first time in seven decades, relocating to a newly constructed building 3 miles away in its longtime home of Dearborn, Michigan. The new ...

US stocks remain near record levels

NEW YORK (AP) — Wall Street coasted to the finish of its best week in the last five on Friday as U.S. stocks hung near their record levels. The S&P 500 barely budged and edged down by less than 0.1% from the all-time high it set the day before. The Dow Jones Industrial Average fell 273 points, or 0.6%, while the Nasdaq composite added 0.4% to its own record set on Thursday. Stocks have rallied with expectations that the Federal Reserve will cut its main interest rate for the first time this year at its meeting next week. Such a move would give the economy a kickstart, and mortgage ...