JetBlue CEO Robin Hayes confirmed his company believes a lawsuit is coming,he expects the companies to “get sued by the DOJ this week” and that prosecutors have their “minds made up” about the merger.
The Transportation Department is simultaneously planning to prevent the transfer of Spirit’s airline license to JetBlue,Shares of Spirit sank as much as 8% following the report, while JetBlue jumped 2%.Key Background
Because that's how the Federal Government supports a struggling industry, with lawsuits and micro management.
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WSJ News Exclusive | JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ MergerJetBlue's CEO said he expects the Justice Department will try to block its planned takeover of Spirit in the coming days Come on this is david stern blocking cp3 to the lakers all over again AndrewTangel nice article. Has the breakup not been paid already?
La source: WSJ - 🏆 98. / 63 Lire la suite »
The crypto industry has 'already started' moving outside US, says Ripple CEOIn a Mar. 3 Bloomberg interview, Ripple’s CEO Brad Garlinghouse suggested that the United States Securities and Exchange Commission regulation through “enforcement” as opposed to “doing the work,” is not a “healthy way” to regulate an industry. Well, if the US misses out on being a hub for blockchain and crypto innovation, at least we still have pumpkin spice lattes, am I right? WarrenDavidson SenTedBuddNC GOPMajorityWhip PatrickMcHenry andrewrsorkin HesterPeirce BrianQuintenz MittRomney tedcruz RoKhanna CongressmanRaja michaelrulli RepTimmons RobertCSprague RepHuizenga They already missed it
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »