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Liberty Media confirms Justice Department investigation into Formula 1 World Championship dispute


Liberty Media confirms Justice Department investigation into Formula 1 World Championship dispute

Liberty Media, owner of the Formula One Group, confirmed that the Department of Justice is investigating it for Andretti Global enters Formula 1 World Cup. “We intend to cooperate fully with this investigation, including all related requests for information,” Liberty Media CEO Greg Maffei said during a conference call Thursday. Formula 1’s rejection in January […]

Maduro suspends social network X in Venezuela for 10 days


Maduro suspends social network X in Venezuela for 10 days

CARACAS, Venezuela (AP) — President Nicolás Maduro has ordered a 10-day ban on access to X in Venezuela, accusing owner Elon Musk of using the social network to incite hatred following the country’s disputed presidential election. Associated Press journalists in Caracas found that two private phone services and the state-run Movilnet had stopped loading posts […]

Wall Street posts its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%


Wall Street posts its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

NEW YORK (AP) — U.S. stocks rebounded Thursday in the wake of Wall Street’s latest sharp turnaround following a better than expected report on unemployment eased concerns about the Economic slowdown. The S&P 500 jumped 2.3% on its best day since 2022, paring all but 0.5% of its loss from a brutal start to the […]