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9 mentions found


☆ Why thousands of defrauded student-loan borrowers are still waiting for the debt cancellation they were promised over a year ago
  + stars: | 2024-02-29 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
Thousands of student-loan borrowers are still waiting for relief under the Sweet v. Cardona settlement. The Justice Department said the delays could be a result of complex loan histories that take time for servicers to process. President Joe Biden's Justice Department has some reasons why the process has been so delayed. "Receiving settlement relief in a timely and predictable manner is a matter of urgency for Class Members," the letter said. It also said in a recent report that it "will continue to work on improving that process and on verifying the status of Class Members' relief."
Persons: —, Joe Biden's, Cardona, Donald Trump, hasn't Organizations: Justice Department, Service, Department, Trump, Lending, Education Department, The Education Department, guaranty Locations: Cardona
☆ Why the JetBlue-Spirit antitrust ruling doesn't spell doom for an Alaska-Hawaiian merger
  + stars: | 2024-01-19 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. President Joe Biden's Justice Department has successfully had two airline link-ups halted in court in recent months. That doesn't necessarily spell doom for Alaska Air's plan to buy Hawaiian Airlines . The decision immediately sparked questions of whether an Alaska-Hawaiian combination would suffer a similar fate in an antitrust lawsuit. The Justice Department didn't immediately respond to a request for comment about whether it plans to challenge Alaska and Hawaiian's proposed deal.
Persons: Joe Biden's, William Young, Michael Linenberg, Department didn't, Hawaiian's, Herbert Hovenkamp Organizations: Hawaiian Airlines, San Francisco International Airport, Department, Hawaiian Airlines . U.S, Justice Department, JetBlue Airways, Spirit Airlines, Deutsche Bank, JetBlue, University of Pennsylvania's Carey Law School, Spirit Locations: Alaska, San Francisco , California, United States, Hawaiian Airlines ., Hawaii
☆ Alaska-Hawaiian merger faces a Justice Department that has been skeptical of airline deals
  + stars: | 2023-12-04 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +4 min
An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. It could be the latest in a string of challenges brought by President Joe Biden's Justice Department against airline deals it views as anticompetitive. Alaska Air Group 's executives spent months working on its plan to buy rival Hawaiian Airlines . The Alaska-Hawaiian and JetBlue-Spirit deals are different in approach, but the Alaska acquisition could still face hurdles with regulators. "We have very similar product offerings and we have very limited network overlap."
Persons: Joe Biden's, William Kovacic, Shane Tackett, Samuel Engel Organizations: Alaska Airlines, U.S, Capitol, Reagan National Airport, JetBlue, Joe Biden's Justice Department, Alaska Air Group, Hawaiian Airlines, Spirit, Virgin America, Airbus, Boeing, The, George Washington School of Law, Federal Trade Commission, CNBC, Boston University's Questrom School of Business, ICF Locations: Arlington , Virginia, U.S, The Alaska, Hawaii, Southwest, Asia, Delta, United, Alaska, anticompetitive, Pacific
☆ Google's rivals get day in court as momentous US antitrust trial begins
  + stars: | 2023-09-11 | by ( Diane Bartz | Thomson Reuters | Focused On U.S. Antitrust As Well As Corporate Regulation | ) www.reuters.com   time to read: +4 min
DuckDuckGo, Microsoft (MSFT.O) and Yahoo are among a long list of Google competitors who will be watching the trial closely. “It would be difficult to overstate the importance of this case, particularly for monopolies and companies with significant market share,” antitrust lawyer Luke Hasskamp told Reuters. The lawsuit that goes to trial was brought by former President Donald Trump's Justice Department. read moreJudge Mehta will decide if Google has broken antitrust law in this first trial, and, if so, what should be done. Reporting by Diane Bartz; additional reporting by Mike Scarcella; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.
Persons: Toby Melville, DuckDuckGo, Kamyl Bazbaz, Luke Hasskamp, ”, Amit Mehta, Barack Obama, Donald Trump's, Joe Biden's, Mehta, Daniel McCuaig, Cohen Milstein, Diane Bartz, Mike Scarcella, Diane Craft Organizations: Google, REUTERS, U.S . Justice, Apple Inc, Mozilla, Microsoft, Yahoo, Big Tech, Facebook, Reuters, Apple, Twitter, Big, U.S, District of Columbia, Department, Android, U.S . Justice Department's Antitrust, Thomson Locations: London, Britain, WASHINGTON, United States, “
☆ US Supreme Court takes up dispute over 'Trump Too Small' trademark
  + stars: | 2023-06-05 | by ( Blake Brittain | Thomson Reuters | Blake Brittain Reports On Intellectual Property Law | ) www.reuters.com   time to read: +5 min
FollowWASHINGTON, June 5 (Reuters) - The U.S. Supreme Court on Monday agreed to consider whether a California attorney's federal trademark for the phrase "Trump Too Small" - a cheeky criticism of former President Donald Trump - should have been granted. Elster applied for the "Trump Too Small" trademark in 2018 to use on shirts. Trump and Rubio, a senator from Florida, were rivals for the 2016 Republican presidential nomination - a prize eventually won by the businessman-turned-politician. "And you know what they say about guys with small hands," Rubio said as the audience laughed. Are they small hands?
Persons: Marco Rubio, Donald Trump, Chris Keane, Steve Elster's, Elster, Trump, Rubio's, Timothy Dyk, Dyk, Rubio, denigrate Rubio, Marco, " Rubio, I've, Bret Baier, Joe Biden's, Erik Brunetti's, Blake Brittain, Andrew Chung, Will Dunham Organizations: Republican U.S, Fox Business Network Republican, REUTERS, Finance, U.S, Supreme, U.S . Trademark, Trump, Appeals, Federal Circuit, White, Fox News, Joe Biden's Justice Department, Thomson Locations: North Charleston , South Carolina, WASHINGTON, California, Florida, Virginia, Washington, New York
☆ American Airlines plans to appeal ruling that blocks JetBlue partnership, CEO says
  + stars: | 2023-05-31 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
An American Airlines plane takes off near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. American Airlines plans to appeal a court's recent ruling that would block its partnership with JetBlue Airways in the Northeast, American CEO Robert Isom said Wednesday. A spokesman for JetBlue declined to comment and didn't say whether the airline also planned to appeal the ruling along with American. U.S. District Judge Leo Sorokin ruled earlier this month that the airlines' partnership in the region is anticompetitive and ordered the airlines to end the partnership in 30 days. American Airlines CFO Devon May said at the same conference on Wednesday that the company didn't expect a material impact this year due to the ruling.
Persons: Robert Isom, Leo Sorokin, We've, Isom, Joe Biden's, Biden, Sorokin, Trump, Devon May Organizations: American Airlines, JetBlue, Fort, Hollywood International Airport, Fort Lauderdale , Florida . American Airlines, JetBlue Airways, American, U.S, District, DOJ, Joe Biden's Justice Department, District of Columbia, Delta, Delta Air Lines, United Airlines, Devon, Justice Department, Spirit Airlines Locations: Fort Lauderdale, Fort Lauderdale , Florida, Northeast, American, Boston, New York
☆ Justice Department's fight with JetBlue and American Airlines heads to court
  + stars: | 2022-09-27 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +4 min
An American Airlines plane lands on a runway near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. The Justice Department heads to court in Boston on Tuesday in hopes of undoing a year-and-a-half-old pact between American Airlines and JetBlue Airways in the Northeast U.S. Last September, the Justice Department along with the attorneys general of six states and the District of Columbia sued to block the partnership, which was approved in the final days of the Trump administration. The antitrust trial will be a test for President Joe Biden's Justice Department, which has been tasked with taking a hard stance against threats to competition. Earlier this month, a federal judge denied the Justice Department's bid to block UnitedHealth's acquisition of Change Healthcare.
☆ Senator Ted Cruz says that transporting migrants is illegal, but commends GOP governors for it anyway
  + stars: | 2022-09-18 | by ( Alia Shoaib | ) www.businessinsider.com   time to read: +4 min
Ted Cruz praised GOP governors for transporting migrants to Democratic areas. The legality of governors transporting migrants is murky, legal experts have said. Greg Abbott transporting migrants to Democratic areas such as Martha's Vineyard in Massachusetts and Washington DC. Ron DeSantis speaks during a press conference held at the Cox Science Center & Aquarium on June 08, 2022 in West Palm Beach, Florida. The law is unclear on the legality of governors' transporting migrants, The Washington Post said, with legal experts saying not enough information is known to draw conclusions.
☆ JetBlue won the battle for Spirit. Now it has to win over Biden's Justice Department
  + stars: | 2022-07-28 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +4 min
JetBlue Airways finally won over Spirit Airlines with a $3.8 billion takeover deal . JetBlue Airlines and Spirit Airlines are seen on the departure board in the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. President Joe Biden's Justice Department has vowed to challenge out any deals that could harm competition. The Justice Department didn't immediately respond to a request for comment but the agency's antitrust chief, Jonathan Kanter, has promised a hard stance against anti-competition. Without that, "there would be a public perception that [the Justice Department] just caved," he said.
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