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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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?
Source: WSJ - 🏆 98. / 63 Read more »
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
Source: Cointelegraph - 🏆 562. / 51 Read more »
OpenAI CEO Says His Tech Is Poised to 'Break Capitalism'The doomsday prepper CEO of OpenAI has a strange reason for getting out of bed in the morning — and he thinks his company might 'break capitalism.' UBI = Freedom, Equal Opportunities, Justice for All. The UBI is the first step towards Star Trek society, where everyone can discover, promote and implement their special talents. Soviet Yunyun redemption arc No need to read - that Russian Jewish gang is behind this crime goes to the plot described by Ford car tzar believed in it. Must be authentic document because NAZI Wikipedia says it is fabricated Government will send welfare checks to jobless and tax AI
Source: futurism - 🏆 85. / 68 Read more »