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American Airlines Asks US Supreme Court to Reverse Ruling Barring JetBlue Alliance

American Airlines has asked the U.S. Supreme Court to reverse a lower-court decision that found its now-scrapped U.S. Northeast partnership with JetBlue Airways violated federal antitrust law, potentially paving the way for future collaborations between major airlines in the region. The company's appeal seeks to overturn a ruling by a Boston-based federal appeals court that upheld a trial judge's decision blocking the alliance. American Airlines argued that the joint venture was designed to increase market-wide competition among all airlines and expand customer options in the Northeast.

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US V. Google: All the News From the Search Antitrust Showdown Δ1.72

A 10-week fight over the future of search. Google's dominance in search is being challenged by the US Department of Justice, which seeks to break up the company's monopoly on general-purpose search engines and restore competition. The trial has significant implications for the tech industry, as a court ruling could lead to major changes in Google's business practices and potentially even its survival. The outcome will also have far-reaching consequences for users, who rely heavily on Google's search engine for their daily needs.

BOeing Must Face Shareholder Class Action Following MAX 9 Blowout Δ1.72

A federal judge has certified a class action lawsuit against Boeing, alleging the company prioritized profit over safety and overstated its commitment to safe aircraft before the January 2024 mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9. The class period is expected to begin in 2019 when Boeing resolved a U.S. Department of Justice criminal case related to MAX safety, and shareholders led by Rhode Island's state treasurer may sue as a group for damages. This certification marks a significant development in the ongoing saga surrounding the 737 MAX crisis.

Boeing Must Face Shareholder Class Action Following MAX 9 Blowout Δ1.72

A federal judge on Friday certified a class action accusing Boeing of prioritizing profit over safety and overstating its commitment to safe aircraft, prior to the January 2024 mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9. The lawsuit, filed by shareholders led by Rhode Island's state treasurer, seeks damages for misleading statements that inflated the company's stock price following two MAX planes crashed in 2018 and 2019, killing 346. The class action allows greater recoveries at lower cost than individual lawsuits, which could lead to significant financial consequences for Boeing.

FAA Steps Up Scrutiny of Small Planes After Near-Miss Incident Δ1.72

The Federal Aviation Administration is taking steps to address safety issues involving general aviation and business jets after a serious near-miss incident in Chicago, where a Southwest Airlines plane was forced to abort a landing due to the unauthorized presence of a business jet on the runway. The FAA's actions come amid a series of troubling incidents that have raised concerns about U.S. aviation safety and the strain on understaffed air traffic control operations. By implementing new measures to remind pilots of their responsibilities, the FAA aims to prevent future close calls and ensure the collective effort required for safety.

Google's Antitrust Case Takes a Turn Under Trump Δ1.71

The US Department of Justice (DOJ) has released a revised proposal to break up Google, including the possibility of selling its web browser, Chrome, as punishment for being a monopolist. The DOJ argues that Google has denied users their right to choose in the marketplace and proposes restrictions on deals made by the company. However, the proposed changes soften some of the original demands, allowing Google to pay Apple for services unrelated to search.

Supreme Court Rejects Trump Bid to Withhold $2bn in Foreign Aid Δ1.71

The US Supreme Court has rejected a request by the Trump administration to withhold nearly $2bn in payments to foreign aid organisations for work they have already performed for the government. The court upheld a lower court ruling ordering the administration to release the funds to contractors and grant recipients of the US Agency for International Development and the State Department. This decision marks a significant victory for President Barack Obama's aid programmes, which were previously targeted by Trump's cost-cutting initiatives.

US Foreign Aid Contractors Face Judge After Supreme Court Boost Δ1.71

The case before US District Judge Amir Ali represents an early test of the legality of Trump's aggressive moves since returning to the presidency in January to assert power over federal spending, including funding approved by Congress. The Supreme Court's 6-3 decision to uphold Ali's emergency order for the administration to promptly release funding to contractors and recipients of grants has given plaintiffs a new lease on life. However, despite the Supreme Court's action, the future of the funding remains unclear.

DOJ Drops Bid to Force Google Sell AI Investments in Antitrust Case Δ1.71

The U.S. Department of Justice has dropped a proposal to force Alphabet's Google to sell its investments in artificial intelligence companies, including OpenAI competitor Anthropic, as it seeks to boost competition in online search and address concerns about Google's alleged illegal search monopoly. The decision comes after evidence showed that banning Google from AI investments could have unintended consequences in the evolving AI space. However, the investigation remains ongoing, with prosecutors seeking a court order requiring Google to share search query data with competitors.

Musk Influence over Verizon Faa Contract Sparks Concerns Δ1.71

U.S. lawmakers are questioning Elon Musk's potential influence over a $2.4 billion Federal Aviation Administration telecommunications contract with rival Verizon, raising concerns about the competitive process and aviation safety. Senator Maria Cantwell has accused Musk of trying to interfere in the Air Traffic Control system and cancel a competitively awarded contract in favor of his own Starlink services. The FAA is reviewing the contract, but lawmakers demand transparency and enforcement of public notice requirements.

Birthright Citizenship Ruling Faces Second Appellate Court Rejection Δ1.71

A federal appeals court has declined to lift an injunction blocking President Donald Trump's executive order on automatic birthright citizenship, citing the need to preserve a settled interpretation of the law. The decision comes as a second appellate court rejects similar challenges to the administration's plan, potentially setting up a showdown with the U.S. Supreme Court. The ongoing legal battles highlight the deep divisions over immigration policy within the Republican Party.

Google Asks US Government to Drop Breakup Plan over National Security Fears Δ1.71

Google has urged the US government to reconsider its plans to break up the company, citing concerns over national security. The US Department of Justice is exploring antitrust cases against Google, focusing on its search market dominance and online ads business. Google's representatives have met with the White House to discuss the implications of a potential breakup, arguing that it would harm the American economy.

Judge Denies Musk's Bid to Block OpenAI's For-Profit Shift, Fast Tracks Trial Δ1.70

A U.S. judge has denied Elon Musk's request for a preliminary injunction to pause OpenAI's transition to a for-profit model, paving the way for a fast-track trial later this year. The lawsuit filed by Musk against OpenAI and its CEO Sam Altman alleges that the company's for-profit shift is contrary to its founding mission of developing artificial intelligence for the good of humanity. As the legal battle continues, the future of AI development and ownership are at stake.

BRAZIL SUPREME COURT Upholds RUMBLE Suspension Δ1.70

The majority of a five-member panel of Brazil's Supreme Court has upheld a justice's previous ruling to suspend U.S. video-sharing platform Rumble in the country for not complying with court orders, citing the need for greater accountability and transparency from online platforms. The decision aims to protect Brazilian users from hate speech and false information on the platform. However, the move has raised concerns about censorship and freedom of expression.

Google's AI Investments Under Antitrust Scrutiny Δ1.70

The US Department of Justice dropped a proposal to force Google to sell its investments in artificial intelligence companies, including Anthropic, amid concerns about unintended consequences in the evolving AI space. The case highlights the broader tensions surrounding executive power, accountability, and the implications of Big Tech's actions within government agencies. The outcome will shape the future of online search and the balance of power between appointed officials and the legal authority of executive actions.

Faa Oks Spacex Starship Flight 8 Launch After Flight 7 Mishap Δ1.70

The Federal Aviation Administration has cleared the SpaceX Starship vehicle to return to flight operations, allowing for a planned launch of Flight 8 despite an ongoing investigation into the January 16th Starship Flight 7 mishap. The FAA issued a license authorizing the launch after SpaceX completed a required safety review and made several hardware and operational changes to increase the reliability of the upper stage. The upcoming flight will follow a similar suborbital trajectory as previous missions but target different objectives.

Musk Claims Starlink Tech Can Replace FAA Systems Without Evidence Δ1.69

Elon Musk's comments on the Federal Aviation Administration (FAA) come after a fatal collision between an American Airlines regional jet and an Army Black Hawk helicopter, killing all 67 people on board. The FAA has been testing Starlink technology in Atlantic City, New Jersey, and Alaska. Musk said he is sending his Starlink satellite internet terminals to the FAA without providing evidence that the current technology poses a risk to air travel safety.

American Airlines Starts Testing Free Inflight Wi-Fi Δ1.69

American Airlines is planning to test complimentary inflight Wi-Fi starting next week, as pressure mounts on carriers to offer the service free of charge. The tests will be available on three flights and will assess customer take rates for inflight Wi-Fi, evaluate provider and aircraft capacity, and measure impact on customer satisfaction. If successful, American may expand complimentary service to larger swaths of its network, potentially shifting the competitive landscape in the industry.

US Supreme Court Won't Let Trump Withhold Payment to Foreign Aid Groups Δ1.69

The US Supreme Court has handed a setback to President Donald Trump's administration by upholding a lower court order that requires the release of funding to foreign aid organizations for work they already performed. The court's 5-4 decision allows the agencies to disburse the nearly $2 billion in frozen funds, which had been threatened with being withheld due to Trump's "America First" agenda. This ruling marks a significant victory for aid groups and humanitarian organizations that relied on these payments to continue their work around the world.

Airport Strike Freezes German Air Travel on Monday Δ1.69

More than half a million people are facing travel disruption at German airports on Monday where a 24-hour strike has led to thousands of flight cancellations in a dispute about workers' pay. The strike, called by the Verdi union, impacts 13 airports across the country and affects passenger flights nationwide. Airport operators have been forced to cancel or postpone flights due to the strike's impact on their operations.

American Airlines (AAL) Stock Slides as Market Rises: Facts to Know Before You Trade Δ1.69

The latest trading day saw American Airlines (AAL) settle at $13.03, representing a -1.66% change from its previous close. American Airlines (AAL)'s stock has dropped by 22.33% in the past month, lagging behind the Transportation sector's loss of 5.34%. The upcoming earnings release is anticipated to be a significant event for investors, with consensus estimates expecting an EPS of -$0.23 and revenue of $13.12 billion.

Google Urges Trump DOJ to Reverse Course on Breaking Up Company Δ1.69

Google is urging officials at President Donald Trump's Justice Department to back away from a push to break up the search engine company, citing national security concerns. The company has previously raised these concerns in public, but is re-upping them in discussions with the department under Trump because the case is in its second stage. Google argues that the proposed remedies would harm the American economy and national security.

Delta Air Lines, Inc. Crashed on Tuesday Δ1.69

Delta Air Lines, Inc. (NYSE:DAL) saw its share prices plummet by 6.43 percent on Tuesday to close at $54.69 apiece, as investors sold off positions amid escalating trade tensions and their impact on the transportation and aviation sectors. The decline was in line with its peers, including United Airlines, which lost 5.96 percent, and American Airlines, which shed 3.75 percent. As fuel prices are expected to rise due to President Donald Trump's imposition of a 10 percent tariff on energy resources from Canada, the airline industry is bracing for higher costs that could erode profit margins.

FAA Staff Reportedly Ordered to Find Funding for Deal with Musk’s Starlink Δ1.69

The FAA has ordered staff to find tens of millions of dollars in funding for a potential deal with Elon Musk's SpaceX subsidiary Starlink to upgrade air traffic control communications. The proposal could replace an existing Verizon contract, which the government already pays billions of dollars for annually. A verbal agreement between the two parties appears unusual, and officials are still clarifying details about the arrangement.

US Supreme Court Turns Away Challenge to Indiana University Bias Reporting Policy. Δ1.69

The U.S. Supreme Court has declined to hear a conservative group's appeal of a lower court ruling that upheld Indiana University's policy for monitoring and reporting bias-motivated incidents on campus, effectively preserving the university's authority to regulate speech. The case highlights ongoing debates about free speech and its limits in higher education, with some arguing that universities have a duty to address hate speech and others claiming it stifles dissenting views. The justices' decision does not settle the issue of whether Indiana University's policy infringes on students' First Amendment rights.

US CFPB Drops Zelle Case Against JPMorgan, BofA, Wells Fargo Δ1.69

The U.S. Consumer Financial Protection Bureau has dropped a lawsuit filed in December against three of the nation's largest banks over their handling of the payment service Zelle, citing a desire to operate a "streamlined" agency despite allegations that it intends to gut its operations. The CFPB had accused JPMorgan Chase, Bank of America, and Wells Fargo of failing to protect consumers from fraud costing hundreds of millions of dollars. By dropping the case, the agency is essentially giving up on its ability to hold these banks accountable for their handling of Zelle.