Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
Category: Federal Reserve System
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
The New York Times – Business: -
Demystifying the Trillion Dollar Debate Over Share Buybacks
The New York Times – Business:The White House is at odds with business leaders over share repurchase programs. DealBook digs into the numbers to see who’s gaining from the practice.
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Why Lawmakers Aren’t Rushing to Police A.I.
The New York Times – Business:Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.
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How Biden Is Seeking to Reshape Business via the CHIPS Act
The New York Times – Business:Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
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How the Lab Leak Theory Could Strain U.S.-China Relations
The New York Times – Business:The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.
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What Layoffs? Many Employers Are Eager to Hang On to Workers.
The New York Times – Business:Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many.
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How the Fed Opened Pandora’s Box
The New York Times – Business:Jerome H. Powell’s no-holds-barred response to the pandemic was made possible by history. It raises questions about the future.
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The Fed’s Preferred Inflation Gauge Sped Back Up
The New York Times – Business:Inflation is down from its peak last summer, but recent readings have shown substantial and surprising staying power.
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Government Cracks Down on Crypto Industry With Flurry of Actions
The New York Times – Business:State and federal agencies have levied fines, brought new cases and issued policy statements to rein in freewheeling practices in recent weeks.
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Inflation Cooled Just Slightly, With Worrying Details
The New York Times – Business:Consumer Price Index inflation has been slowing compared with a year ago, but evidence is mounting that it could be a long road back to normal.