DIRS.INFO The most relevant business & tech news

March 8 (Reuters) - A federal judge in Florida on Wednesday agreed with the state's Republican attorney general that the policy of President Joe Biden's administration to release many people who illegally cross the U.S.-Mexican border rather than detaining them violates U.S. immigration law. Republican critics have called the policy "catch and release." The judge agreed with the argument made by Florida Attorney General Ashley Moody, who challenged the policy. Moody sued DHS in 2021, claiming its policy, officially known as Parole Plus Alternative to Detention, violates a U.S. law called the Immigration and Nationality Act. Federal immigration law allows DHS to "parole" migrants rather than detaining them "on a case-by-case basis for urgent humanitarian reasons or significant public benefit."

The complaint, which was filed in Boston federal court, said that JetBlue planned to remove 10% to 15% of seats from every Spirit plane. "Fewer seats means fewer passengers - and higher prices for those who can still afford to make their way onto the plane. Spirit shares were up about 1.8% on Tuesday after dipping the previous day on expectations of a lawsuit. JetBlue had previously said it expected the deal to close in early 2024, leaving time for litigation if necessary. JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its offer in late July.

WASHINGTON, March 7 (Reuters) - The U.S. Justice Department filed a lawsuit on Tuesday to stop JetBlue Airways (JBLU.O) from buying Spirit Airlines <SAVE.N>, saying that the planned merger "would put travel out of reach for many cost-conscious travelers." The complaint, which was filed in Boston federal court, said that JetBlue planned to remove 10% to 15% of seats from every Spirit plane. This is unlikely to stop business travelers flying on corporate expense accounts, but would put travel out of reach for many cost-conscious travelers," the complaint said. JetBlue had previously said it expected the deal to close in early 2024, leaving time for litigation if necessary. JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its offer in late July.

☆ Brazil to criticize Nicaragua, but wants door open to dialogue, sources say
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +2 min

The concern will be presented to the United Nations Human Rights Council in Geneva, the sources who helped prepare the document told Reuters on Monday. Brazilian diplomats took part in the negotiation of the declaration criticizing Nicaragua, but chose not to endorse it because it did not leave a door open for negotiations. At the same time, however, the Lula government wants to keep an open door to be a possible channel for dialogue, emphasizing that Brazil is committed to democracy and wants to play a "constructive" role in solving the crisis in Nicaragua. The report by the council's experts points to Ortega and Vice President Rosario Murillo, the president's wife, as those responsible for the abuses. Reporting by Lisandra Paraguassu in Brasilia Writing by Anthony Boadle Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

WASHINGTON, March 6 (Reuters) - JetBlue Airways Corp (JBLU.O) said on Monday it believes there is a "high likelihood" the U.S. Justice Department will file an antitrust lawsuit this week to block its $3.8 billion takeover of low-cost rival Spirit Airlines Inc (SAVE.N). JetBlue said in a statement that it accounted for the possibility of a lawsuit when it provided a timeline to close the deal in the first half of 2024. JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its offer in late July. JetBlue Chief Executive Robin Hayes said on Monday he expected a government lawsuit to stop the deal and that the company would fight it, the Wall Street Journal reported. JetBlue is also awaiting the outcome of a lawsuit filed by the U.S. Justice Department which asks the court to force JetBlue and American to scrap its Northeast Alliance.

WASHINGTON, March 6 (Reuters) - JetBlue Airways (JBLU.O) said Monday it believes the U.S. Justice Department has a "high likelihood" of filing an antitrust lawsuit this week to block its $3.8 billion takeover of low-cost rival Spirit Airlines Inc (SAVE.N). "We have always accounted for that in our timeline to close the transaction in the first half of 2024," JetBlue said in a statement to Reuters. The Transportation Department, which is also reviewing the deal, is expected to take parallel action to stop the planned transaction, Bloomberg News reported said. JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its offer in late July. JetBlue Chief Executive Robin Hayes said on Monday he expected a government lawsuit to stop the deal and that the company would fight it, the Wall Street Journal reported.

☆ Netflix hiked US prices in the past year, but it's cutting them in more than 36 other countries
▼ + stars: | 2023-02-24 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Netflix lowered its subscription prices in more than 36 countries over the past few weeks, per The Wall Street Journal. It comes after Netflix hiked its subscription prices in the US. The steaming service's prices cuts will affect various tiers of Netflix plans and are specific to each country, per the report. Some countries will be see their subscription prices drop to half of the original price. The reduction in subscription prices is part of Netflix's plans to grow its customer base outside of the US, the Journal reported.

☆ Yellen says EV battery mineral trade pacts can likely bypass Congress
▼ + stars: | 2023-02-24 | by ( David Lawder | ) www.reuters.com time to read: +3 min

BENGALURU, Feb 24 (Reuters) - U.S. Treasury Secretary Yellen said on Friday that she expects that future limited free trade agreements focused on battery minerals with the European Union and other trusted allies would not need approval from Congress. The law specified that the tax credits were only available to North American-assembled vehicles that meet certain local battery production and mineral extraction processing standards. Countries with U.S. free trade agreements can also access the credits, and this is a provision that the Biden administration hopes to exploit by negotiating limited trade deals focused on battery minerals. Over time, she said she hoped that trade agreements would allow more sold vehicles to qualify over time. The Treasury in March is due to put out guidance on the sourcing of battery minerals and Yellen said this will include guidance on free trade areas that can qualify.

☆ Russia isolated as U.N. marks one year of Ukraine war
▼ + stars: | 2023-02-23 | by ( Michelle Nichols | ) www.reuters.com time to read: +5 min

UNITED NATIONS, Feb 23 (Reuters) - The United Nations overwhelmingly isolated Russia on Thursday, marking one year since Moscow invaded Ukraine by calling for a "comprehensive, just and lasting peace" and again demanding Moscow withdraw its troops and stop fighting. Just a day after China's top diplomat visited Moscow and pledged a deeper partnership with Russia, Beijing abstained on the vote - the fourth time it has done so on such action since the Russia invaded Ukraine on Feb. 24 last year. Six countries joined Russia to vote no - Belarus, North Korea, Eritrea, Mali, Nicaragua and Syria. Ambassador Dmitry Polyanskiy dismised the action at the United Nations as "useless," posting on Twitter: "Will it bring peace? Western powers have provided Ukraine with billions of dollars in weapons since Russia invaded.

☆ DeSantis wants to make it harder for undocumented immigrants to work and go to college in Florida
▼ + stars: | 2023-02-23 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

DeSantis is accelerating his clamp down against undocumented immigrants in Florida. Ron DeSantis of Florida rolled out a series of proposals on Thursday that would impose major restrictions on career and educational opportunities for undocumented immigrants in the state. The governor wants state legislators to repeal a state law that allows children of undocumented immigrants to get in-state college tuition rates. Under the proposal, hospitals would be required to collect data on how much they spend providing healthcare to undocumented immigrants. These cities limit their cooperation with federal immigration authorities by refusing to report or hand over certain undocumented immigrants for deportation.

WASHINGTON, Feb 23 (Reuters) - U.S. Commerce Secretary Gina Raimondo on Thursday said the government will encourage companies to build at least two advanced domestic computer chip factories employing thousands of union workers, as part of a $52.7 billion dollar initiative. The centers would also include a "robust supplier ecosystem," Raimondo said in a speech in Washington. "America needs to design and produce the world's most advanced chips right here in America," Raimondo said, adding that the United States leads in design but not manufacturing. Raimondo said the department planned to invest $11 billion in semiconductor research and development, including the creation of a public-private partnership she called the National Semiconductor Technology Center. The United States has some chip production, and signs of expansion despite a very tight labor market.

☆ The US economy needs immigrants. A rising share of both Democrats and Republicans don't want them.
▼ + stars: | 2023-02-14 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

But a growing share of both Democrats and Republicans wants less immigration. This sentiment could be in response to the rise of migrants at the southern border in recent years. But a rising share of both Democrats and Republicans want the country to reduce immigration. After plummeting during 2020 due to the pandemic, the US Border Patrol reported a record-high nearly 1.7 million encounters with migrants at the US-Mexico border in 2021. Last year, a new record was set with over 2 million encounters.

☆ Nicaraguan political prisoners' families seek their release after others freed
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +1 min

MANAGUA, Feb 14 (Reuters) - The relatives of 35 political prisoners in Nicaragua called for their release on Tuesday, days after 222 others in the same category were freed and expelled to the United States following a surprise deal with Washington. The prisoners, considered political by human rights groups, include 56-year-old anti-government Bishop Rolando Alvarez, one of the Central American country's most influential church leaders. He refused to board the U.S.-bound plane last week and was returned to jail, stripped of his Nicaraguan citizenship and then sentenced to a 26-year term. "Our relatives were on the official list of political prisoners and were not taken into account for release," the Committee of Relatives of Political Prisoners told a news conference. After the prisoner release, President Daniel Ortega said two prisoners refused to board the plane while Washington rejected four others.

Feb 14 (Reuters) - Christine Wilson, the sole Republican on the U.S. Federal Trade Commission (FTC), said on Tuesday she will resign soon, blaming the move on the agency's top official, Lina Khan. "Much ink has been spilled about Lina Khan's attempts to remake federal antitrust law as chairman of the Federal Trade Commission," Wilson wrote in an opinion piece in the Wall Street Journal. Wilson said in the piece that she would resign "soon" but gave no date. "I dissented on due-process grounds, which require those sitting in a judicial capacity to avoid even the appearance of unfairness," wrote Wilson. Wilson accused the Biden administration FTC of overstepping by being too aggressive in stopping mergers and banning most noncompete clauses.

It was created by OpenAI, a private company backed by Microsoft Corp (MSFT.O), and made available to the public for free. Its ubiquity has generated fear that generative AI such as ChatGPT could be used to spread disinformation, while educators worry it will be used by students to cheat. A second congressional aide described the discussions as focusing on the speed of changes in AI and how it could be used. In an interview with Time, Mira Murati, OpenAI's chief technology officer, said the company welcomed input, including from regulators and governments. "The whole value proposition of these types of AI systems is that they can generate content at scales and speeds that humans simply can't," he said.

☆ Pope voices his concern for imprisoned Nicaraguan bishop
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +1 min

VATICAN CITY, Feb 12 (Reuters) - Pope Francis on Sunday spoke of his concern over the imprisonment of Nicaraguan Bishop Rolando Alvarez, who was sentenced to more than 26 years in prison in the Latin American country. The Pope's comments about Alvarez, who is a vocal critic of Nicaraguan President Daniel Ortega, were made in his weekly blessing to pilgrims and tourists in St. Peter's Square. Ortega has accused Catholic leaders of attempting to overthrow him after protests that killed about 300 people in 2018. Since then, the government of the former Cold War-era Marxist rebel has expelled Catholic nuns and missionaries. Alvarez was convicted on Friday of treason, undermining national integrity and spreading false news, among other charges.

☆ Nicaraguan Catholic bishop sentenced to decades in prison, citizenship stripped
▼ + stars: | 2023-02-11 | by ( Ismael Lopez | ) www.reuters.com time to read: +3 min

Alvarez, bishop of the Matagalpa diocese, was convicted of treason, undermining national integrity and spreading false news, among other charges. During Friday's court hearing it was also announced that he would be fined and stripped of his Nicaraguan citizenship. Originally scheduled for late March, the sentencing of the bishop, widely known by the Catholic honorific monsignor, was sped up without explanation. Rolando Alvarez is irrational and out of control," Silvio Baez, a senior Nicaraguan bishop exiled in Miami, wrote on Twitter after the sentence. A cameraman for a Catholic television channel was also arrested with them.

☆ Nicaraguan Catholic bishop sentenced to prison, stripped of citizenship
▼ + stars: | 2023-02-11 | by ( ) www.reuters.com time to read: +1 min

[1/2] Rolando Alvarez, bishop of the Diocese of Matagalpa and Esteli and critical of the Nicaraguan President Daniel Ortega, prays at a Catholic church where he is taking refuge alleging he had been targeted by the police, in Managua, Nicaragua May 20, 2022. REUTERS/Maynor ValenzuelaMANAGUA, Feb 10 (Reuters) - A Nicaraguan court sentenced Catholic Bishop Rolando Alvarez to a more than 26-year prison term on Friday, a day after the cleric and critic of President Daniel Ortega declined to be expelled to the United States as part of a prisoner release. Alvarez was convicted on charges of undermining national integrity and spreading false news, and during Friday's court hearing it was also announced that he would be fined and stripped of his Nicaraguan citizenship. Last August, police arrested Alvarez, bishop of the Matagalpa diocese, after dislodging him after he had barricaded himself in church property for several weeks along with other priests. Reporting by Ismael Lopez; Writing by David Alire Garcia; Editing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.

☆ Spain offers freed Nicaraguans citizenship after move to make them stateless
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Kevin LamarqueMADRID/MANAGUA, Feb 10 (Reuters) - The Spanish government offered citizenship to more than 200 Nicaraguan political prisoners who were freed and flown to the United States on Thursday, Spain's top diplomat said on Friday. Foreign Minister Jose Manuel Albares made the announcement to Servimedia news agency, following the surprise release of 222 Nicaraguan prisoners later expelled to the United States. After their release, lawmakers loyal to authoritarian President Daniel Ortega voted to strip them of their Nicaraguan citizenship, which could thwart plans to return home someday. He added that Spain stood ready to receive others, noting that Madrid's decision had been made "after news reports that proceedings had begun to declare them stateless." Spanish authorities will reach out to the prisoners, who were allowed into the United States under a temporary humanitarian visa, so they can formally apply for citizenship.

☆ Not told until the runway: freed Nicaraguan prisoner recounts journey to U.S.
▼ + stars: | 2023-02-10 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +2 min

"It was at that moment (as the bus turned into the airport) that I realized - we all realized - that we were not going to the Modelo prison, but outside the country," Chamorro told an online news conference. "We were not told until we got to the runway." Ortega has described the release as a push to expel criminal provocateurs who sought to undermine Nicaragua. He added he was not ready to discuss what prison was like inside El Chipote, but said, "No human should be in these conditions." Reporting by Daina Beth Solomon; Editing by Stephen Eisenhammer and David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Nicaragua Releases 222 Political Prisoners, U.S. to Take Them In
▼ + stars: | 2023-02-09 | by ( José De Córdoba | Andrew Restuccia | ) www.wsj.com time to read: 1 min

Nicaragua has released more than 200 political prisoners, many of whom have been held in harsh conditions since their arrest two years ago, and the U.S. agreed to take them in, U.S. officials said Thursday. The 222 prisoners, who include former presidential candidates and leading journalists as well as student, labor and business leaders, were put on a chartered flight in Managua. They were expected to land in Washington around midday.

☆ Planeload of Freed Nicaraguan Political Prisoners Arrives in U.S.
▼ + stars: | 2023-02-09 | by ( José De Córdoba | Andrew Restuccia | ) www.wsj.com time to read: 1 min

Nicaragua has released 222 political prisoners, many of whom had been held in harsh conditions since their arrest two years ago, and the U.S. agreed to take them in, U.S. officials said Thursday. The prisoners, who include seven former presidential candidates, leading journalists and student, labor, opposition and business leaders, were deported and put on a chartered flight in Managua after they were stripped of their citizenship, Nicaragua’s government said. They landed at Dulles International Airport in Virginia, where they were met on Thursday by joyful family members.

☆ Paraguay president to visit Taiwan ahead of election that could end ties
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

Paraguay is one of only 14 countries to have formal diplomatic relations with Chinese-claimed Taiwan, and Beijing has been stepping up efforts to get those remaining allies to abandon Taipei. Paraguay would cut diplomatic ties with Taiwan and open relations with China if the opposition wins the election, its presidential candidate Efrain Alegre has said, hoping to boost economically important soy and beef exports. "Taiwan and Paraguay have had diplomatic relations for more than 65 years and a deep friendship," the ministry added. Santiago Pena, the ruling Colorado Party candidate, has said Paraguay's relations with Taiwan would remain intact if he wins on April 30. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.

☆ Over 200 Nicaraguan prisoners, including top Ortega critics, freed and sent to U.S.
▼ + stars: | 2023-02-09 | by ( Ismael Lopez | ) www.reuters.com time to read: +2 min

MANAGUA, Feb 9 (Reuters) - More than 200 political prisoners in Nicaragua were released and flown to the United States on Thursday, including leading critics of President Daniel Ortega, in what Washington described as a "constructive step" towards improving human rights. The mass release "opens the door to further dialogue between the United States and Nicaragua regarding issues of concern," U.S. Secretary of State Antony Blinken said. A Nicaraguan judge denounced the 222 prisoners as "traitors" in a televised statement, and said they had been "deported." The released prisoners will go through the humanitarian parole process, the Biden administration said in a note to Congress. It added that the Nicaraguan government had made "its own decision" to release the prisoners, and urged further steps to ensure human rights in Nicaragua.

☆ U.S. officials prepping legislation to revamp asylum system
▼ + stars: | 2023-02-09 | by ( Ted Hesson | ) www.reuters.com time to read: +4 min

"It's a total rethink of the approach and is not constrained by current laws," one of the DHS officials said. Blas Nunez-Neto, a top DHS policy official, is one of the people leading the legislative effort, according to one of the DHS officials and another person familiar with the matter. The new Biden asylum bill could also potentially incorporate a requirement that migrants seek asylum in countries they pass through if protections are available elsewhere, the third person familiar with the effort said. The Biden administration has said it wants to end Title 42 and replace it with a more established rapid deportation process known as "expedited removal." U.S. officials since last year have pressed Mexico to accept non-Mexicans via expedited removal once Title 42 terminates, two U.S. officials told Reuters.

Search resuls for: "nicaragua"

25 mentions found