The judge said the two television companies could not combine operations while an antitrust lawsuit proceeded. Nexstar said its deal was already done.
Category: Regulation and Deregulation of Industry
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Federal Court Temporarily Freezes Nexstar’s Merger With Tegna
The New York Times – Business: -
New Rules Hinder Foreign Firms From Moving Supply Chains From China
The New York Times – Business:Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.
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White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income
The New York Times – Business:The Trump administration backed a proposal for stablecoin issuers to offer yield to investors.
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Fed Minutes Show Officials in No Rush to Cut as Iran War Scrambled Outlook
The New York Times – Business:The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
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Jamie Dimon Cites Risks From War, Private Credit, Inflation and More
The New York Times – Business:In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, said investors and businesses faced a series of challenges.
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‘Under Protest,’ Raw Dairy Farm Recalls Cheddar Linked to 9 E. Coli Cases
The New York Times – Business:Raw Farm, a dairy producer in California, denies that its products have caused the outbreak, which has sickened people in three states.
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Republicans Seek Protections for Oil Giants Against Climate Lawsuits
The New York Times – Business:Utah passed a law to insulate oil companies against efforts to make them pay for their role in global warming. A nationwide version is in the works.
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Eli Lilly Will Buy a Narcolepsy Drug Developer for $6.3 Billion
The New York Times – Business:Eli Lilly plans to acquire Centessa Pharmaceuticals, which has been conducting a midstage clinical trial of its lead drug.
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FDA Is Expected to Lift Restriction on Peptides, Heeding RFK Jr.’s Wishes
The New York Times – Business:The peptides, which are increasingly marketed as providing longevity and health benefits, were removed in 2023 from the agency’s list of products that compounding pharmacies can sell.
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Democrats Examine Elon Musk’s Role in Suspension of Business Disclosure Law
The New York Times – Business:Lawmakers have asked the Treasury Department for information on how Mr. Musk may have influenced the decision to end enforcement of the Corporate Transparency Act.
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From Foe to Ally: The S.E.C. Is Now Writing Crypto-Friendly Policies
The New York Times – Business:The embrace of crypto by financial regulators under President Trump has entered a new, cozier phase.