In the latest business news from the New York Times on June 6, several key stories have emerged that are shaping the business landscape.
The U.S. Justice Department and the Federal Trade Commission have reached a deal to proceed with antitrust investigations into the dominant roles of Microsoft, OpenAI, and Nvidia in the artificial intelligence industry. This move highlights the increasing scrutiny on tech giants and their market influence.
Boeing’s new Starliner capsule successfully flew its first crew of astronauts to orbit on Wednesday, marking a significant milestone in the space industry. The test mission to the International Space Station was long-awaited and signifies progress in space exploration.
In a blow to the Securities and Exchange Commission, a U.S. appeals court has thrown out a rule intended to provide investors with more transparency into private funds. This decision is a victory for the private fund industry, which manages nearly $27 trillion in assets.
Advisers to the U.S. Food and Drug Administration have unanimously voted in favor of recommending that COVID-19 vaccines for 2024-25 target a strain within the lineage of the JN.1 variant. This decision reflects ongoing efforts to adapt vaccines to new variants and combat the spread of the virus.
These stories from the New York Times underscore the dynamic and evolving nature of the business world, with developments in technology, space exploration, regulatory oversight, and public health shaping the future of various industries. Stay tuned for more updates on these and other key business news.