A Federal judge has denied AT&T's request to disclose communications between Justice Department officials and the White House. That judge is handling the Justice Department's lawsuit to block AT&T's $85 billion purchase of Time Warner.
Tuesday's ruling is a blow to AT&T's attempt to show that the lawsuit to block the deal is politically motivated by President Trump's dislike for CNN, which Time Warner owns.
Albertsons is buying a big portion of Rite Aid to create a company worth $24 Billion. Shares of Rite Aid soared as much as 8 percent on the news. This acquisition comes as many retailers join forces to compete with Amazon, which is involved in nearly every industry from retail, to grocery, and now even healthcare.
Marijuana advocates are awaiting a federal judge's decision on its challenge against federal marijuana laws. Five plaintiffs filed a lawsuit against the DEA and Attorney General Jeff Sessions. It challenges the listing of marijuana as a schedule I drug, which classifies the drug as having no medical use and it cannot be legally prescribed. Jose Belen, U.S. Army combat veteran and one of the plaintiffs on this case, and attorney Joseph Bondy explain why they were inspired to fight for this cause.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
