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A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of ultra-low cost carrier Spirit Airlines after agreeing with the U.S. Department of Justice the deal would reduce...
BOSTON (Reuters) -A federal judge on Tuesday blocked JetBlue Airways' planned $3.8-billion acquisition of ultra-low-cost carrier Spirit Airlines after agreeing with the U.S. Department of Justice that the deal was anticompetitive and would harm ticket buyers. JetBlue's lawyers had called the case a "misguided" challenge to a merger of the nation's sixth- and seventh- largest airlines, which combined would control 10.2% of a domestic market dominated by four larger airlines. The ruling by U.S. District Judge William Young in Boston marked a victory for the White House...
When he left Morgan Stanley to join SoftBank Group in Tokyo in 2015, Alex Clavel had little in common with the swashbuckling dealmakers who surrounded CEO Masayoshi Son. After years of...
The U.S. Securities and Exchange Commission has not yet approved a spot bitcoin exchange traded fund , an agency spokesperson said on Tuesday, adding that a post on its social media platform X was... -January 09, 2024 at 04:59 pm EST - MarketScreener
(Reuters) -The U.S. securities regulator said someone briefly accessed its X social media account on Tuesday and posted a fake message saying it had approved exchange traded funds for bitcoin, a move that has been eagerly awaited by the crypto industry. The Securities and Exchange Commission (SEC) said it has not yet approved spot bitcoin ETFs. The SEC's account on X, the platform formerly known as Twitter, had been compromised briefly by an unknown party after about 4 pm Eastern time but "unaut