Department of Justice

Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is by far the largest search engine in the world, though a recent court ruling could threaten its dominance. An analyst is still encouraged by Google’s market position given its foray into AI and lead over rival OpenAI’s ChatGPT...

The historic ruling against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is one of several in the Big Tech antitrust arena. Google, deemed monopolistic, violated antitrust laws with its search engine, Judge Amit Mehta ruled. Some experts say the verdict could affect similar lawsuits against other...

ByteDance‘s TikTok, one of the most used social media platforms by teens, is the subject of the latest U.S. Department of Justice (DOJ) lawsuit. What Happened: The DOJ and Federal Trade Commission (FTC) filed the lawsuit on Friday in the U.S. District Court for the Central District of...

The Department of Justice has nabbed two men from Florida for smuggling firearms and other military equipment into Colombia. Jordan Guy MacDonald Goudreau, 48, of Melbourne, Florida, and Yacsy Alexandra Alvarez, 43, of Tampa, Florida, were arrested Tuesday following an indictment charging them with...

DaVita Inc. (NYSE:DVA), a Colorado-based kidney dialysis provider, agreed to pay $34.5 million for allegedly paying kickbacks to a competitor for making referrals to DaVita Rx, a former subsidiary that provided pharmacy services for dialysis patients. DaVita also allegedly paid kickbacks to...

The Department of Justice on Tuesday announced that it has disrupted a Russian disinformation campaign, backed by the Kremlin and managed by state-controlled media. What Happened: The DOJ said that it had taken down a “bot farm” network of nearly 1,000 accounts on...

A Former Secretary of Labor chimed in on Boeing Co‘s (NYSE:BA) emblematic market position following years of safety concerns and a plea deal with the United States Department of Justice on Monday. The Plea Deal: Boeing and the DOJ agreed to a preliminary plea deal, according to a court filing...

A new report from Bank of America highlights over 100 catalysts for the second half of 2024. It gives investors key events and stocks to focus on as major indexes trade near all-time highs. What Happened: As analysts look to set new price targets on market indices for the second half of the year,...

In a significant move, the US House of Representatives has taken action against Attorney General Merrick Garland, censuring him for non-compliance with a congressional order. What Happened: The Republican-led House voted 216-207 to hold Garland in contempt. This action follows his defiance of a...

The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...

The U.S. Department of Justice is conducting a criminal investigation into the consulting firm McKinsey & Company for its role in advising major opioid manufacturers on increasing sales. The investigation also focuses on potential obstruction of justice related to McKinsey’s consulting...

Sen. Elizabeth Warren (D-Mass.) voiced her support for a Department of Justice antitrust case against leading technology company Apple Inc (NASDAQ:AAPL), which was announced last month. In comments shared on social media, Warren took aim at the smartphone market segment of Apple. What Happened:...

Airline company Alaska Air Group, Inc. (NYSE:ALK) is set to report first-quarter financial results before market opens Thursday, April 18. Here are the key earnings estimates and items to watch. Earnings Estimates: Analysts estimate Alaska Air will report first-quarter revenue of $2.19 billion,...

Ticketmaster parent company Live Nation Entertainment (NYSE:LYV) could soon have "Bad Blood" with the Department of Justice, thanks to a suit stemming from the record breaking concert tour of Taylor Swift. What Happened: Live Nation, one of the world’s largest entertainment companies, owns...

The Department of Justice’s (DOJ) major antitrust lawsuit against Apple Inc. (NASDAQ:AAPL) is set to be overseen by a new judge, according to a recent court filing. What Happened: Judge Michael E. Farbiarz has stepped down from the case after determining that his "recusal is necessary" under...