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JetBlue and Spirit Airlines Announce Merger Plan

JetBlue would pay shareholders $2.50 per share upfront on approval of the deal and the equivalent of ten cents per share per month starting next year — an incentive to […]




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F.T.C. Sues to Block Meta’s Virtual Reality Deal as It Confronts Big Tech

WASHINGTON — The Federal Trade Commission on Wednesday filed for an injunction to block Meta, the company formerly known as Facebook, from buying a virtual reality company called Within, potentially […]




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Amazon C.E.O. Andy Jassy Breaks From the Bezos Way

When Jeff Bezos was chief executive of Amazon, he took an arms-length stance toward the company’s affairs in Washington. He rarely lobbied lawmakers. He testified only once before Congress, under […]







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U.S. Tries New Tactic to Protect Workers’ Pay: Antitrust Law

In 2007, the Justice Department sued the Arizona Hospital and Healthcare Association for fixing the rates that hospitals paid to nursing agencies for their temporary nurses, putting a cap on […]




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E.U. Takes Aim at Big Tech’s Power With Landmark Digital Act

GÖTTINGEN, Germany — The European Union agreed on Thursday to one of the world’s most far-reaching laws to address the power of the biggest tech companies, potentially reshaping app stores, […]




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Employer Practices Limit Workers’ Choices and Wages, U.S. Study Argues

Lack of competition, the Biden administration argues, goes a long way to explain why pay for a large share of the American work force is barely higher, after accounting for […]




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Justice Dept. Sues to Block $13 Billion Deal by UnitedHealth Group

WASHINGTON — The Justice Department on Thursday sued to block a $13 billion acquisition of a health technology company by a subsidiary of UnitedHealth Group, in the latest move by […]




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A Gene Sequencing Pioneer Battles Over What It Can Buy

Illumina, the leading maker of gene-sequencing machines, is tiny compared with the tech giants of Silicon Valley. But like Google and Facebook, Illumina now finds itself in the cross hairs […]




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6 Reasons Meta Is in Trouble

Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever on Thursday as its stock plummeted 26 percent and its market value plunged by more than $230 […]