Category: Justice Department

For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity

The New York Times – Business:
JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.
Justice Dept. Settles Case Against Provider of Meat Industry Data

The New York Times – Business:
Under the agreement, Agri Stats would pay a fine and broaden whom it sold its pricing data to. The department said the move would help reduce food costs.
Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down

The New York Times – Business:
Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
Schwab Affiliate Halts Customer Donations to Southern Poverty Law Center

The New York Times – Business:
Fidelity and Vanguard’s donor-advised fund entities have taken similar actions in the wake of a Justice Department indictment of the civil rights group.
How Powell Just Complicated Trump’s Fed Plans

The New York Times – Business:
Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
Fidelity Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center

The New York Times – Business:
Fidelity cited the Justice Department’s recent action against the civil rights organization in emails to holders of its charitable-giving funds explaining its decision.
Judge Asks Justice Department: Will You Oppose Trump?

The New York Times – Business:
A federal judge has ordered the Justice Department to explain whether it intends to contest President Trump’s $10 billion lawsuit against the I.R.S. over the disclosure of his tax returns.
Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts

The New York Times – Business:
The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.
The ‘Lasting Damage’ of Pirro’s Investigation of the Federal Reserve and Powell

The New York Times – Business:
The Trump administration’s attacks on the Federal Reserve have rattled confidence in the central bank’s ability to operate independently before a leadership transition.
Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell

The New York Times – Business:
The decision to end the inquiry into Jerome H. Powell’s handling of the Federal Reserve’s renovation could allow Kevin M. Warsh, the president’s pick for Fed chair, to be confirmed.
Kevin Warsh, Trump’s Pick to Lead Fed, Faces Senate at Tricky Moment

The New York Times – Business:
Kevin M. Warsh has enough support to become the next chair of the Federal Reserve, but a criminal investigation into the central bank stands in his way.
Federal Court Temporarily Freezes Nexstar’s Merger With Tegna

The New York Times – Business:
The judge said the two television companies could not combine operations while an antitrust lawsuit proceeded. Nexstar said its deal was already done.