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FTC settles price discrimination case against major wine and spirits distributor
The Federal Trade Commission reached a settlement on October 2, 2026, with Southern Glazer's Wine and Spirits LLC over pricing practices the agency said illegally favored large chain retailers at the expense of smaller businesses.
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Amazon suspends 21 Air partnership after fatal Miami cargo crash
Amazon paused all operations with cargo carrier 21 Air on September 14, 2026, after an Amazon-branded aircraft operated by the carrier crashed on landing in Miami, killing five people.
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NBA suspends Clippers owner Ballmer one year, fines team $30 million
The NBA suspended Los Angeles Clippers owner Steve Ballmer for one year and fined the franchise $30 million on September 2, 2026, after an investigation found the team had improperly channelled millions of dollars to player Kawhi Leonard…
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FTC and 22 states sue Amazon over hidden ad auction surcharges
The Federal Trade Commission and 22 state attorneys general filed suit against Amazon on August 31, 2026, accusing the company of secretly inflating prices in its online search advertising auctions.
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FTC and five states settle antitrust case against Zillow and Redfin
The Federal Trade Commission and five states reached a settlement with Zillow and Redfin on August 24, 2026, filing a stipulated order in federal court to resolve antitrust litigation over an allegedly unlawful agreement between the two…
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Trump pauses 50% Canada tariffs after last-minute trade deal
President Donald Trump announced a three-day pause on new 50% tariffs targeting Canadian imports on August 19, 2026, after the two countries reached a deal less than two hours before the levies were set to take effect, according to BBC…
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Ferrari's first electric car sells at auction for $40 million
Ferrari's debut electric vehicle, the Luce, sold at auction on August 17, 2026, for $40 million, a price the Financial Times said sets a record for a newly produced car.
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Anthropic investors eye $2 trillion valuation in potential record IPO
Anthropic investors are targeting a $2 trillion valuation for the AI company's public listing, which could rank as the largest stock market debut in history, according to the Financial Times and Ars Technica.
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FTC sends $23.8 million in refunds to Grubhub drivers and diners
The Federal Trade Commission began distributing more than $23.8 million in refunds on August 12, 2026, to Grubhub drivers and diners across the United States harmed by the company's deceptive practices.
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Trump hosts mining roundtable with $2 billion in new project commitments
President Donald J. Trump met with mining industry leaders on Friday, August 7, 2026, at a roundtable the White House described as historic, with participants committing more than $2 billion to new mining and mining-related projects across…
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FIFA drops plan to sell competition stakes after European backlash
FIFA abandoned a proposal to sell minority stakes in its major competitions to private investors on around July 31, 2026, days after the plan was first unveiled.
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Japan and US jointly intervene to stabilize yen
Japan confirmed on August 3, 2026, that it carried out a joint currency market intervention with the United States, aimed at propping up the yen's value amid what Tokyo described as excessive volatility in the exchange rate.
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Shein posts $99 million net loss as trade pressures mount before Hong Kong IPO
Shein reported a net loss of $99 million on July 27, 2026, as US tariffs and EU trade tensions cut into the fast-fashion retailer's finances ahead of its planned Hong Kong stock market debut.
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CXMT shares surge nearly 500% in China's biggest IPO since 2010
Chinese memory chipmaker CXMT made its mainland stock market debut on July 27, 2026, with shares climbing nearly 500%, marking the largest IPO on the mainland since 2010, according to the Financial Times.
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Trump imposes tariffs on 60 countries using forced labour findings
The Trump administration announced new tariffs targeting roughly 60 countries on July 23, 2026, grounding the measures in a forced labour investigation after the Supreme Court struck down its earlier blanket levies.
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EU fines Google €890 million for search and app store violations
The European Commission fined Google €890 million on July 23, 2026, in Brussels, for two separate breaches of the Digital Markets Act.
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Oil hits $100 a barrel after Houthi attack on Saudi tankers
Oil prices climbed to $100 per barrel on July 23, 2026, after Houthi forces attacked Saudi Arabian tankers in the Red Sea, a level not seen since May 2026, according to the Financial Times.
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Ransomware attack hits Nichirei Logistics, disrupting Japan frozen food supply
A ransomware attack struck Nichirei Logistics Group on July 22, 2026, halting warehouse operations and cutting off frozen food deliveries to thousands of clients across Japan, according to Dark Reading.
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U.S. imposes dairy tariffs on Canada under 1930 trade law
The White House issued a formal proclamation on July 20, 2026, placing additional import duties on Canadian goods tied to the dairy sector.
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EU hits AliExpress with €550 million DSA fine
The European Commission levied a €550 million penalty against AliExpress on July 20, 2026, finding that the e-commerce platform had failed to meet its Digital Services Act requirements and had not carried out EU-ordered fixes.