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FTCI News4 articles
FTC Second Request Pauses IonQ's $1.8B SkyWater Acquisition
IonQ's $1.8B acquisition of SkyWater Technology hit an FTC second request, pausing the merger timeline. Shares closed at $42.69, down 2.19%.
FTC Issues $58M in Refunds Over Rental, Credit Repair Violations
The Federal Trade Commission is sending over $58 million in refunds to consumers harmed by hidden rental fees and illegal credit repair schemes. Nearly 887,000 people will receive payments from two separate settlements.
Walmart Settles FTC Driver Pay Case for $100M as Shares Defy Market Dip
Walmart will pay $100 million to resolve FTC allegations it misled delivery drivers about earnings. Its stock rose 2.84% to $127.95 on Friday, outperforming the market.
Microsoft Shares Hold Near $401 as FTC Inquiry Casts Shadow Over AI, Cloud Business
Microsoft shares traded near $401 as a heightened FTC investigation into the company's AI and cloud software bundling created uncertainty ahead of the holiday break.