(Reuters) – The U.S. Justice Department is preparing to take legal action against Live Nation Entertainment (N:) on allegations the concert promoter has sought to strong-arm concert venues into using its dominant Ticketmaster subsidiary, a source familiar with the planned legal action said on Friday. The department believes the concertRead More →
© Reuters. FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose WASHINGTON (Reuters) – U.S. state attorneys general investigating Facebook Inc (NASDAQ:) for alleged anti-competitive practices met on Monday with officials of the Justice Department and the Federal Trade Commission, NewRead More →
© Reuters. Nominee to head U.S. export controls bureau gives up acting duties: Commerce Department WASHINGTON (Reuters) – President Donald Trump’s nominee to oversee the U.S. Commerce Department’s bureau that controls exports of technology to foreign firms, such as China’s Huawei Technologies Co Ltd, said on Thursday she is renouncingRead More →
© Reuters. An American Airlines Airbus A321 plane takes off from Los Angeles International airport By David Shepardson WASHINGTON (Reuters) – American Airlines Group Inc (O:), the largest U.S. airline, will pay $22.1 million to settle claims it falsely reported the times it transferred possession of U.S. mail to foreignRead More →
© Reuters. The Barneys New York sign is seen in a display window outside the luxury department store in New York (Reuters) – U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York TimesRead More →
© Reuters. A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration By Diane Bartz and David Shepardson WASHINGTON (Reuters) – T-Mobile US (NASDAQ:) Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the JusticeRead More →
© Reuters. People walk by a Barneys New York retail store in New York By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) – U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing consumerRead More →
© Reuters. Worker walks past rolls of steel wires at a factory in Nantong, Jiangsu WASHINGTON (Reuters) – The U.S. government on Monday said domestic producers were being harmed by imports of fabricated structural steel from China and Mexico, and that it would instruct the customs agency to collect cashRead More →
Foreigners looking to travel to the United States will need to be prepared to handle over information about their Facebook FB, -3.03% and Twitter TWTR, -1.88% profiles. The U.S. will now require visa applicants to disclose their social media accounts, Bloomberg reported citing an unnamed State Department official. Applications willRead More →
© Reuters. A T-Mobile store is pictured in the Manhattan borough of New York WASHINGTON (Reuters) – The U.S. Justice Department’s antitrust division staff has recommended the agency file a lawsuit to block T-Mobile US Inc’s $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar withRead More →
© Reuters. Logo of Huawei is seen at VivaTech fair in Paris (Reuters) – The U.S. Commerce Department on Monday created a temporary general license restoring Huawei’s ability to maintain existing networks and provide software updates to existing Huawei handsets. The license, which was posted for public inspection, scales backRead More →
The U.S. Department of Justice asked a federal court last week to put a hold on the Securities and Exchange Commission’s case against former Theranos Chief Operating Officer Sunny Balwani, arguing that a stay in the case would prioritize their criminal case against him. The Justice Department told the judgeRead More →
© Reuters. FILE PHOTO: A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes (Reuters) – Facebook Inc (NASDAQ:) on Monday named the legal adviser to the U.S. State Department as its general counsel, as the social media giant faces growing regulatory hurdles and privacyRead More →
© Reuters. FILE PHOTO: Boeing 737 MAX aircraft are parked at a Boeing production facility in Renton, Washington (Reuters) – The U.S. Department of Transportation is investigating the Federal Aviation Administration’s approval of Boeing (NYSE:) Co’s 737 MAX jetliners, the Wall Street Journal reported on Sunday, citing people familiar withRead More →
WASHINGTON — The Defense Department is examining whether Amazon Web Services created a conflict of interest by hiring a former Pentagon employee who helped develop a cloud-computing procurement contract. AWS, a unit of Amazon.com Inc. AMZN, +0.91% , is among the companies seeking the $10 billion contract to create andRead More →
