By 17 state attorneys general to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, and stifle innovation the suit represents one of the biden administrations most sweeping and aggressive moves to break up what it sees as consolidated power in the hands of the tech giants the administration hopes this will both lower prices new competition and spark new innovations that will help the economy. The ftc says amazons alleged schemes impact hundreds of billions in retail sales every year ftc chair lee. Lee it occurs in two markets the online superstar market that serves shoppers and the market for online Marketplace Services that are purchased by sellers. The alleged tactics include antidiscounting measures and conditioning sellers ability to obtain prime eligibility on using amazons costly fulfillment service. The ftc says it is seeking a permanent injunction in federal court that would prohibit amazon from engaging in that conduct, scott. Over
Yesterday. That was like the footballers of Manchester City. One. Do you like newcastle . Drew id like to do that. Like that. Like that, yes. Manchester forecast. Id like to get it the wrong way round. Manchester city three Red Star Belgrade one you know, and just keeps you on your toes. Lovely. I hope we keep you your i hope we keep you on your toes until 9 30 today. Gb views. Cbnnews. Com are you can tweet or x or do what you want at. X or do what you want at. Gb news. Well, good morning to you. Our top story this morning and Prime Minister rishi sunak is pushing back against the net zero agenda as he delays the ban on petrol cars and gas boilers. On petrol cars and gas boilers. Those still committed to net zero by 2050 is the year. He said that the government has not been honest about the cost, cost and trade offs of these sort of green policies. Well, lets cross now to westminster, where our deputy Political Editor tom harwood has more. Look, the Prime Minister is set to make a big
Selloff. Kospi by 1. 4 . Cheryl at the Holiday Box Office company filibustered day. The dead beefedup superheroes. While the winners for you. Fbn am starts right now. Cheryl 501nanometer. Good morning, everybody. Then lauren simonetti. Cheryl of the holidays begin come alluring picture and say this is the day to reset after the thanksgiving weekend and christmas is in the day. Drink do we begin with breaking news. The clock ticking as Congress Moves forward on tax or foreign. President turned to me that the finance committee today at gpo p. Leaders to merrill. Leaders of both parties discussing the fate of tax reform yesterday. Is a look at the votes but its a process and legislative process takes time to move across the finish line. I predict well have a new tax code for the new year and the new era of american price. E. Americans deserve any tax code and whether your new york or california, illinois, we continue to see our jobs and plans and research merge overseas. Its time to end t
Good monday morning. Welcome to squawk alley. Im with Courtney Reagan and jon fortt at post nine we want to get you to latest or the latest on our Government Shutdown we have more information on what the next hour could bring. Its going to be a busy one republicans and the senate are meeting behind closed doors and that follows a meeting on the democratic side that took place last hour. Theyre holding the cards close to their vest ahead of that key 12 00 vote theyre going to be taking up a bill short term bill to funneled the government they failed on friday except for two key differences. Its a week shorter, only goes to february 8th instead of the 16th it carries a pledge from the Senate Majority leader Mitch Mcconnell to bring a bipartisan immigration deal to the floor for a vote if one is inked that is a significant difference that has taken place over the last few days. Senator susan collins, the republican from maine, told reporters earlier this morning though that she had concer
Occasional buy opportunity it does exist. But the window closes so fast, that if you blink, you will miss it still, if youre ready to pass, you can pick up some high quality stocks at discounted prices the dow briefly went into the red rebounding to close up 143 points you had it in your grasp when the market opened. Yet, markets dont go up in a straight line. You still get dips but it is frustrating. No dips whatsoever the stock of netflix as analyst after analyst raised projection after projection denying everybody a chance to get in except for the bold people who dipped and bought many other visible opportunities where the window opens and you have to jump and jump quickly provided you did the homework. The brief government shutdown. Will benefits be paid. Doesnt a postponement mean we are going to be worrying a lot more over the next few weeks now, nobody would think it is good for business when the government turns the lights off. So the market opens slower today. Why . Investors