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Visa, Mastercard fees probe widens as EU antitrust regulators look into market power

by lisa@patrickmarketingny.com | May 23, 2025 | Business News

  By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators have widened their investigation into Visa and Mastercard’s fees as they seek feedback from terminal providers and payments companies that could lead to charges of anti-competitive practices, according to a...

FTC abandons Biden-era effort to block Microsoft’s acquisition of Activision Blizzard

by lisa@patrickmarketingny.com | May 23, 2025 | Business News

  The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard. In an order issued Thursday, the FTC said it had determined that “the public interest is best...

Publix recalls baby food pouches after testing finds elevated levels of lead

by lisa@patrickmarketingny.com | May 23, 2025 | Business News

  The supermarket chain Publix has recalled fruit and vegetable baby food sold in eight states because product testing found elevated levels of lead, according to federal health officials. Publix recalled 4-ounce Greenwise Pear, Kiwi, Spinach & Pea Baby Food...

US equity funds face weekly outflows on debt concerns, rising yields

by lisa@patrickmarketingny.com | May 23, 2025 | Business News

  (Reuters) -U.S. equity funds saw huge outflows in the week ended May 21, as Treasury yields surged on fears President Donald Trump’s proposed tax-cut bill could add trillions to U.S. debt if passed by Congress. According to LSEG Lipper data, investors withdrew a net...

Champions League in women’s European soccer moves to pay-TV in 5-year deal with Disney+

by lisa@patrickmarketingny.com | May 23, 2025 | Business News

  NYON, Switzerland (AP) — The Women’s Champions League in European soccer will go mostly behind a paywall for the next five seasons on Disney+ in a deal announced by UEFA’s joint venture with top clubs on Friday. The final on Saturday between defending champion...

JPMorgan expands tech team with four veteran bankers from BofA, Goldman, Lazard

by lisa@patrickmarketingny.com | May 23, 2025 | Business News

  By Milana Vinn -JPMorgan is expanding its technology team in the investment bank with four West Coast hires from Goldman Sachs, Bank of America and Lazard, according to a memo to staff seen by Reuters. “Serving the technology sector is a top priority for our firm,...
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  • The Media Line: Trump Administration Grants Syria Major Sanctions Relief 
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  • In their words: How recent presidents have honored America’s fallen on Memorial Day
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  • At West Point, Trump rips DEI policies in rally-style speech
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