Mark Zuckerberg and Facebook have successfully defeated an antitrust lawsuit brought against them by the Federal Trade Commission (FTC). The FTC had alleged that Facebook had engaged in anti-competitive practices, such as buying up potential competitors and using its market power to stifle competition. However, the court ruled in favor of Facebook, finding that the FTC had failed to prove its case. This is a major victory for Zuckerberg and Facebook, as it allows them to continue to operate without fear of government intervention. #Zuckerberg #Facebook #FTC

AdaniSharesPlunge is a stock market event that occurred after Credit Suisse, a Swiss investment bank, decided to stop financing new coal projects. This decision caused the shares of Adani Enterprises, an Indian conglomerate, to plunge in value. The event has been seen as a sign of the growing global trend towards renewable energy sources and away from fossil fuels.

Gawker Media, the digital media company that was once a leader in online journalism, has closed its doors for the second time. Founded in 2003, Gawker Media was known for its irreverent and often controversial coverage of celebrities, politics, and technology. The company was forced to close in 2016 after a legal battle with former professional wrestler Hulk Hogan, who sued the company for publishing a sex tape featuring him. After being acquired by Univision, Gawker Media relaunched in 2018, but was unable to regain its former success. The company has now ceased operations, leaving its staff of over 100 people without jobs.

Peloton stock is soaring, but the company's latest earnings report revealed some poor numbers. Revenue growth was down from the previous quarter, and the company reported a net loss of $245 million. Additionally, Peloton's gross margin decreased from 39.2% to 37.3%. These three numbers suggest that the company may be struggling to keep up with its rapid growth.

The White House has announced a new initiative to target the "gatekeepers" of the App Store, Apple and Google. The initiative seeks to increase competition in the app market by making it easier for developers to access the App Store and create their own apps. It also aims to ensure that consumers have access to a wide variety of apps and services, and that developers are not unfairly blocked from the App Store. The initiative will involve the Department of Justice and the Federal Trade Commission conducting investigations into the practices of Apple and Google, as well as other app store providers. The White House hopes that this initiative will lead to increased competition and better consumer choice in the app market.

Morgan Stanley has predicted a double increase in the stock of gene therapy companies. This prediction is based on the potential of gene therapy to revolutionize the treatment of genetic diseases and the growing demand for personalized medicine. The report also highlights the increasing investment in gene therapy research and development, as well as the potential for gene therapy to become a major part of the healthcare industry. With the increasing demand for gene therapy treatments, Morgan Stanley believes that the stock of gene therapy companies will continue to rise.

The Federal Reserve Meeting is a meeting of the Federal Open Market Committee (FOMC) to discuss and decide on monetary policy, including setting interest rates. The FOMC is composed of 12 members, including the seven members of the Board of Governors of the Federal Reserve System and five of the twelve Federal Reserve Bank presidents. The FOMC meets eight times a year to review economic and financial conditions and to determine the appropriate stance of monetary policy. The outcome of the meeting is announced in a press release that includes the target for the federal funds rate, which is the interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.

Intel has announced that it will be cutting salaries and bonuses for its employees following a poor quarterly performance. The company reported a net income of $2.8 billion, down from $3.5 billion in the same quarter last year. Intel also reported a revenue decline of 8% year-over-year. In response to the financial results, Intel is reducing salaries and bonuses for its employees, as well as reducing its workforce by up to 12,000 people. The company is also suspending its stock buyback program and dividend payments. Intel is hoping that these cost-cutting measures will help the company return to profitability in the near future.

Qatar Airways and Airbus have reached a settlement in a paint dispute. The dispute was over the paint used on Qatar Airways' fleet of Airbus aircraft. The settlement includes a payment from Airbus to Qatar Airways for the cost of repainting the aircraft, as well as a commitment from Airbus to provide technical support and assistance in the repainting process. This settlement will ensure that Qatar Airways' fleet of Airbus aircraft are painted to the highest standards.