Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
CBSN
A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard, after federal antitrust regulators sought to halt the deal.
U.S. District Judge Jacqueline Scott Corley said in a ruling that the Federal Trade Commission, which enforces antitrust laws, has not shown a likelihood it would prevail if it took the case to trial.
"The FTC has not raised serious questions regarding whether the proposed merger is likely to substantially lessen competition in the console, library subscription services, or cloud gaming markets," Corley wrote.
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Defense Secretary Pete Hegseth announced on Friday the new name for the USNS Harvey Milk, a fleet replenishment oiler named after the assassinated gay rights leader and San Francisco politician who served in the U.S. Navy.
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President Trump is holding a news conference at the White House Friday, after what White House press secretary Karoline Leavitt called a "HUGE" Supreme Court victory.
Washington — The Supreme Court on Friday ruled in favor of a group of Maryland parents who challenged their school district's decision to deny them the ability to opt their elementary-aged children out of instruction featuring storybooks that address gender identity and sexual orientation.
Washington — The Supreme Court on Friday upheld the Federal Communications Commission's multi-billion-dollar mechanism for expanding phone and internet access to rural and low-income communities.
The personal consumption expenditures price index, or the PCE, inched higher in May, the latest sign that inflation remains stubbornly above the Federal Reserve's 2% annual target.
Sean "Diddy" Combs' lawyers are making their closing arguments Friday in the sex trafficking trial against him in New York.
An Idaho judge says he won't postpone the quadruple murder trial of a man accused in the stabbing deaths of four University of Idaho students, while also rejecting the defense team's request to present evidence suggesting possible "alternate perpetrators."
Washington — The Senate is expected to vote Friday on whether to block President Trump from using further military force against Iran, as Democratic anger festers over the lack of details from the administration about the recent strikes on the country's nuclear facilities.
An Idaho doctor and four residents are challenging a new state law that halts some of the few public benefits available to people living in the U.S. unlawfully, including a program that provides access to life-saving HIV and AIDS medication for low income patients.
Wander Franco, the suspended Tampa Bay Rays shortstop charged in a sexual abuse case, was found guilty on Thursday in the Dominican Republic but received a two-year suspended sentence.
Republicans on the House Oversight Committee have subpoenaed Anthony Bernal, a senior aide to former first lady Jill Biden, as part of their rapidly expanding investigation into former President Joe Biden's mental fitness while in office.
A northern West Virginia region still cleaning up from flash flooding less than two weeks ago was hit with torrential rains that sent creeks over their banks again Thursday night.