Policy

Stephen King testifies in favor of the government in the book merging trial

Washington (AFP) – Renowned author Stephen King cautiously stepped before the witness stand Tuesday in a federal antitrust trial. Tracing his own history, he painted a picture of a publishing industry that has become increasingly concentrated over the years while rewarded in abundance for his creative endeavors. “My name is Stephen King. I am a …

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Tesla investors urged to vote against board members, to shareholder proposals through influential advisory services

Two prominent and influential proxy consulting firms are urging Tesla Inc investors. to vote against the re-election of two members of the Board of Directors, recommend defying the wishes of the company and vote for six out of eight proposals for shareholders. Tesla TSLA, + 0.04% He faces several employee controversies and is caught up …

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Explainer: an attempt to prevent the merger of books fighting competition

Washington (AFP) – At a time of mega-mergers and high-tech company buy-outs, the plan of the largest US book publisher to buy the fourth-largest company for just $2.2 billion may seem a little strange. But the deal is such a major test of the Biden administration’s antitrust policy that the Justice Department is calling an …

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How JetBlue’s takeover of Spirit could change air travel

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | Light Rocket | Getty Images Spirit Airlines backed down this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after it scrapped a merger agreement with Frontier Airlines that failed to garner enough shareholder …

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Ibn raises the excitement of running in a golf event backed by Saudi Arabia

A detail view of Eric Trump’s golf bag reads “Trump 2024” as seen during the professional before the LIV Golf Invitational – Bedminster at Trump National Golf Club, Bedminster on July 28, 2022 in Bedminster, New Jersey. Jonathan Ferry | Leaf golf | Getty Images Eric Trump is all set for his dad Donald Trump …

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LIV Golf, backed by the Saudis and Trump, sees franchises in its future

Bedminster, NJ – LIV Golf is only three tournaments, but the Saudi-backed junior league is already thinking about its future. In an interview with CNBC, LIV Golf Investments President and COO Atul Khosla said the future of LIV Golf is the difference and the creation of franchises that could one day be sold. The organization …

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The White House goes on insulting to say that the United States is not in a recession

US President Joe Biden delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, US, July 28, 2022. Elisabeth Frantz | Reuters WASHINGTON – The White House responded to negative GDP growth in the second quarter with a full list of events and a well-coordinated message: Despite what everyone says, …

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DOJ offers to start settlement discussions with survivors of sexual assault against disgraced US gymnastics doctor Nassar

More than 150 women and girls have alleged that Nassar sexually assaulted them over a period of 20 years, and more than a dozen survivors have filed complaints against the government for its neglect of the investigation. The FBI recently sent a letter, reviewed by CNN, to attorneys representing survivors who have filed claims under …

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LIV Golf: Controversial Saudi-backed golf tournament kicks off Friday at Trump Golf Course

Starting Friday, the Trump National Golf Club in Bidminster will host the third event for LIV Golf, the new Saudi-backed professional circuit that has rocked the major professional sports organizer, the PGA Tour, by drawing big-name golfers with bigger, guaranteed pay days. . In the run-up to the weekend tournament, Trump promoted the event in …

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Jet Blue won the Battle of Spirit. Now she has to win Biden’s Department of Justice

JetBlue Airways has finally won over Spirit Airlines with a $3.8 billion takeover deal. Now you need to win over the antitrust regulators. The New York-based airline snatched Spirit Airlines from Frontier Airlines with an all-cash offer that torpedoed the cash-and-stock deal the two discount airlines struck earlier this year. Hours after Spirit and Frontier …

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