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An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024. The Justice Department has started a criminal investigation into the Alaska Airlines incident where a door panel blew out mid-air two months ago, The Wall Street Journal reported Saturday. "In an event like this, it's normal for the DOJ to be conducting an investigation," an Alaska Airlines spokesperson said. Three passengers are suing Boeing and Alaska Airlines for $1 billion in damages, accusing Boeing and Alaska Airlines of negligence for allegedly having ignored warning signs. Alaska Airlines earlier estimated that the weekslong grounding of the Boeing 737 Max 9 will cost the carrier $150 million.
Persons: Max, DOJ didn't, , — CNBC's Rebecca Picciotto Organizations: Boeing, Los Angeles International AirPort, The, Department, Alaska Airlines, Street, DOJ, CNBC, Max, United Airlines Locations: Alaska, Los Angeles , California, Ontario , California, Portland , Oregon, United, U.S
WASHINGTON — Two top Senate Democrats with a track record of scrutinizing business and antitrust activity have called for a Justice Department investigation into the merger agreement between the PGA Tour and Saudi-funded LIV Golf. The letter follows Connecticut Democratic Sen. Richard Blumenthal's inquiries to PGA Tour Commissioner Jay Monahan and LIV Golf CEO Greg Norman for details on the merger. The PGA Tour also insists the deal isn't a merger and that Saudi Arabia's Public Investment Fund will be a minority investor. The deal between the PGA Tour and LIV Golf would put an end to pending antitrust litigation between the two golf organizations. Family members of 9/11 victims have protested the Saudi golf league due to the terrorists' ties to the country.
Persons: Elizabeth Warren, Ron Wyden, LIV, Elizabeth Warren of, General Merrick Garland, Jonathan Kanter, Connecticut Democratic Sen, Richard Blumenthal's, Jay Monahan, Greg Norman, Monahan, LIV Golf, DOJ didn't, Yasir Al, Rumayyan, LIV Golf's, Osama Bin Laden, Prince Mohammed bin Salman, Jamal Khashoggi, Warren, Wyden, , Jessica Golden Organizations: U.S, Capitol, WASHINGTON —, Democrats, Justice Department, PGA Tour, Saudi, LIV Golf, Oregon, Connecticut Democratic, Saudi Arabia's Public Investment Fund, DOJ, CNBC, PGA, Public Investment Fund, Washington Post, Senate Banking Committee, Finance Locations: Sens, Washington , DC, Elizabeth Warren of Massachusetts, U.S, Saudi, Saudi Arabia
The Department of Justice has moved to seize six luxury properties owned by a sanctioned oligarch. Viktor Vekselberg's homes in New York, the Hamptons, and Florida, are worth $75 million. Vekselberg bought the homes via shell companies in Panama and The Bahamas, prosecutors alleged. Court documents show Vekselberg purchased the properties using two shell companies based in Panama, and The Bahamas. Prosecutors say Vekselberg attempted to sell two properties without informing the Office of Foreign Assets Control.
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