Meta’s accused of violating European antitrust rules. What the dispute is all about.

The European Commission on Thursday accused Meta Platforms of violating antitrust rules, in the latest salvo by European regulators against American technology firms.
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Macy’s posts strongest growth in more than 3 years, but strikes cautious note on holidays
Macy’s has seen signs of momentum as it invests in more staffing and sharper visual displays at its namesake department stores.
Netflix and Paramount are now the favorites to buy Warner Bros., but investors don’t like it

Share prices for both suitors fall as details emerge of cash bids for the owner of HBO and CNN.
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Fiserv execs bet $1.5 million on a turnaround, and the stock pops

Two executives just bought stock in the S&P 500’s weakest performer of the year.
Trump proposes slashing fuel efficiency standards for passenger cars
The oil industry group the American Petroleum Institute has lobbied the Trump administration to repeal the Biden fuel economy standards.
A delayed clinical trial actually boosted Bristol Myers Squibb’s stock. Here’s why.

Bristol Myers’ stock rallied Wednesday as investors maintained high hopes for Cobenfy as an Alzheimer’s treatment, even though the outcome of a late-stage trial has been delayed.
Fanatics launches prediction market in 24 states
Fanatics Markets will launch in two phases, including event contracts ranging from sports and finance to tech and music.
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