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Top News In Biz Yum Today - Breaking & Trending Today

US FTC eyes options after Microsoft/Activision loss, source says

The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end. ....

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Biden administration holding meetings with chips companies, source says

Senior U.S. chip company executives are holding meetings with Biden administration officials on Monday to discuss China policy as the U.S. considers new restrictions, a source told Reuters. ....

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FedEx appoints new CFO

FedEx Corp on Monday appointed former CEO of Atlas Air Worldwide John Dietrich as chief financial officer, effective Aug. 1. ....

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Exclusive: Head of engineering for Trump's Truth Social app resigns

The head of engineering for the company that operates former U.S. President Donald Trump’s Truth Social app told Reuters on Monday he had resigned, in a blow for the venture. ....

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Exclusive: Petrobras to hold investments roughly stable in new five-year business plan, CEO says

Brazil's state-run oil company, Petrobras , will keep total investments in its upcoming 2024-2028 business plan similar to the $78 billion foreseen in its latest five-year plan, CEO Jean Paul Prates told Reuters on Monday. ....

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