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Dow Drops 45, Nasdaq Slides 126, S&P Falls 22
Stocks edged lower on Wall Street Friday, ending a three-week winning streak for the S&P 500.
What It Means For The Supreme Court To Throw Out Chevron Decision, Undercutting Federal Regulators
The court’s 6-3 ruling on Friday overturned a 1984 decision colloquially known as Chevron that has instructed lower courts to defer to federal agencies when laws passed by Congress are not crystal …
House Lawmakers Propose Defunding Public Broadcasting Stations, Initiatives
A federal legislative committee tasked with appropriating taxpayer funds for educational, health and labor initiatives has proposed eliminating more than $600 million for public media outlets.
Rosenworcel Ordered To Answer Soo Kim’s Racial Discrimination Complaint
U.S. District Judge Rudolph Contreras in Washington has ordered FCC Chair Jessica Rosenworcel, FCC Media Bureau Chief Holly Saurer and the other defendants, who include EchoStar Chairman Charles …
Netflix Adds Stages To New Mexico Production Hub As Part Of Major Expansion Project
The streaming service’s Albuquerque facility has added four new soundstages to accommodate its film and TV productions.
Google, TikTok Ban Ads From ADHD Telehealth Company Amid Federal Probe
The Justice Department announces charges against five more people in its investigation into Adderall distribution at Done Global. (Jenny Kane/AP)
Dow Adds 36, Nasdaq Gains 54, S&P Rises 5
Wall Street inched higher Thursday ahead of a key inflation report.
Ad Market Expands For 14th Month In May, Signals Possible Deceleration
The U.S. ad market expanded for its 14th consecutive month in May, albeit at a modest 1.9%, according to Guideline’s just-updated U.S. Ad Market Tracker.
Big East Inks Basketball Rights With Fox, NBC & TNT Sports
The deal gives Warner Bros. Discovery fresh basketball rights as questions swirl over its NBA future.
News Nonprofit Sues OpenAI Maker And Microsoft For ‘Exploitative’ Copyright Infringement
The Center for Investigative Reporting said Thursday it has sued ChatGPT maker OpenAI and its closest business partner, Microsoft, marking a new front in the legal battle between news publications …
Hallmark Media Names Anaïs Lempereur CFO
She had been VP of finance and CFO for Paramount Global’s Pluto TV. The CFO position at Hallmark Media has been open since January.
Dow Gains 16, Nasdaq Climbs 88, S&P Adds 9
Wall Street drifted in subdued trading Wednesday around last week’s records.
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