The biggest U.S. airlines make billions of dollars from their loyalty programs and branded credit cards, which some analysts believe are now essential to the businesses.
Category: Regulation and Deregulation of Industry
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Billionaire Crypto Investor Hits Out at Trump Family’s Firm
Justin Sun, a major investor in World Liberty Financial’s cryptocurrency, said that his coins had been “unreasonably frozen.”
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Weak Jobs Report Strengthens Case for Fed to Cut Interest Rates
A reduction at the Federal Reserve’s next meeting this month looks all but assured after August’s labor market data.
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Trump Administration Drops Biden Plan for Flight Delay Compensation
The Trump administration said it will withdraw former President Biden’s plan to require airlines to compensate passengers for carrier-caused disruptions.
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Google Search Monopoly Ruling Sends Signal for Big-Tech Antitrust Cases
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts.
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The Message for Big Tech in the Google Ruling: Play Nice, but Play On
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts.
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F.D.A. Official Overruled Scientists on Wide Access to Covid Shots
The agency’s staff scientists pointed out how Covid was still unpredictable and posed a threat to toddlers, but the official decided to restrict shots only to children with risk factors.
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Did the Justice Department Just Spare Google? Investors Think So.
The nuclear option for addressing the tech giant’s search dominance — a break-up — is off the table. That’s lifting Big Tech stocks.
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Cook’s Lawyers Fire Back at Trump’s Claim of Vast Powers to Oust Fed Officials
Lisa Cook is seeking a swift ruling on her ability to remain on the Federal Reserve’s Board of Governors as the case is litigated.
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Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.
