DIRS.INFO The most relevant business & tech news

[1/2] An American Airlines aircraft flies past JetBlue and United Express aircraft as it lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts/File PhotoBOSTON/WASHINGTON, July 26 (Reuters) - A federal judge on Wednesday rejected the Justice Department's bid to restrict JetBlue Airways (JBLU.O) and American Airlines (AAL.O) from entering into any partnerships with other carriers akin to their now-scrapped Northeast Alliance. JetBlue and American Airlines are winding down their arrangement announced in 2020, in which they joined forces for flights in and out of New York City and Boston. While the Northeast Alliance is set to be fully wound down by January, the Justice Department has been pushing for further restrictions on the two airlines. Daniel Wall, a lawyer for American Airlines, called the appointment of monitor highly unusual and said restrictions on deals with other airlines was a step too far.

Persons: Joshua Roberts, Department's, Judge Leo Sorokin, William Jones, Sorokin, Jones, Daniel Wall, Nate Raymond, David Shepardson, Richard Chang, Diane Craft Organizations: American Airlines, JetBlue, United Express, Reagan National Airport, REUTERS, BOSTON, JetBlue Airways, Alliance, Massachusetts, Justice Department, Spirit Airlines, Department, Northeast Alliance, Airlines, Thomson Locations: Arlington , Virginia, U.S, WASHINGTON, New York City, Boston ., Boston, Washington

BOSTON, July 26 (Reuters) - The U.S. Department of Justice on Wednesday urged a judge to restrict JetBlue Airways (JBLU.O) and American Airlines (AAL.O) from entering into any partnerships with other carriers akin to their now-scrapped Northeast Alliance, which the judge deemed anticompetitive. JetBlue and American Airlines are winding down their arrangement announced in 2020, in which they joined forces for flights in and out of New York City and Boston. JetBlue subsequently decided to terminate the alliance, while preparing to defend a planned $3.8 billion purchase of Spirit Airlines (SAVE.N) in court in a separate Justice Department antitrust case seeking to block that deal. While the Northeast Alliance is set to be fully wound down by January, the Justice Department has been pushing for further restrictions on the companies. Daniel Wall, a lawyer for American Airlines, called the appointment of monitor highly unusual and said restrictions on deals with other airlines was a step too far.

Persons: Leo Sorokin, William Jones, Sorokin, Jones, Daniel Wall, Wall, Department's, Nate Raymond, Richard Chang Organizations: BOSTON, U.S . Department of Justice, Wednesday, JetBlue Airways, American Airlines, Alliance, JetBlue, Boston . U.S, District, Justice Department, Spirit Airlines, Department, Northeast Alliance, Thomson Locations: New York City, Boston ., Boston

☆ Sarissa's Denner quits Biogen board as firm seeks seats at Alkermes
▼ + stars: | 2023-06-14 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

The hedge fund's founder, Alex Denner, 53, one of three Sarissa candidates running for seats on Alkermes' 11-member board, on Monday said he would give up his board seat at biotech company Biogen (BIIB.O). The move eliminates "any claim of conflict whatsoever," Sarissa wrote to Alkermes shareholders on Tuesday. Alkermes shareholders will vote on directors on June 29 in what is one of the year's five biggest boardroom challenges. A Biogen representative confirmed that the board knew about the relationship between Denner and Langer. Denner, who has served on the Biogen board since 2009 and headed the nominating and governance committee, had nominated Langer.

Persons: Alex Denner, Sarissa, Biogen, Susan Langer, Alkermes, Denner, Langer, Bob Langer, Biogen's, Stelios Papadopoulos, Caroline Dorsa, Richard Mulligan, William Jones, Svea Herbst, Bayliss, Bill Berkrot, Mark Porter, Leslie Adler Organizations: YORK, Management, Moderna, Svea, Thomson Locations: Alkermes, Biogen

“And a lot of times, it was the Black officers who beat us worse than white officers,” Jones, 48, said. Some of these Black officers are good guys that came from rough neighborhoods, too. And for no reason.”Jones and other Black Memphis residents have shared a range of reactions to seeing five Black faces as the alleged perpetrators of Nichols’ fatal beating with NBC News. “I can’t be surprised because it’s a predominantly Black part of town with Black officers patrolling,” said Barbara Johnson, 75, and a grandmother. He said a police officer friend alerted him of Nichols’ death before it was made public.

☆ Police back Republican candidates in U.S. midterms, even those at Jan. 6 riot
▼ + stars: | 2022-11-03 | by ( Julia Harte | Daniel Wiessner | ) www.reuters.com time to read: +8 min

The rightward shift held true even in races where a Republican candidate attended the Jan. 6 rally. "But are you going to work with law enforcement, are you going to support law enforcement?" A union's backing also helps remove the stigma around a candidate's presence at the Jan. 6 rally, experts said. Van Orden has denied entering the grounds and said he left when the protest became a mob. Windorff, the Wisconsin police union president, said there was no evidence Van Orden had done anything wrong.

At the start of a three-week trial in Boston, Justice Department attorney William Jones said the Northeast Alliance, unveiled in July 2020, is a "de facto merger" of American and JetBlue's operations in Boston and New York. Hayes acknowledged that he had been critical of previous joint ventures similar to the Northeast Alliance. The trial started after a week in which U.S. judges ruled against the government in two antitrust fights: sugar and insurance. JetBlue is pursuing a $3.8 billion acquisition of low-cost rival Spirit Airlines (SAVE.N), subject to antitrust review. Hayes has said that no matter how the fight over the Northeast Alliance ends, it would be good for JetBlue's effort to buy Spirit.

Search resuls for: "William Jones"

6 mentions found