Department

JetBlue Airways finally won over Spirit Airlines with a $3.8 billion takeover deal. Now it needs to win over antitrust regulators.The New York-based airline snatched Spirit away Frontier Airlines with an all-cash offer that torpedoed the cash-and-stock deal the two discount airlines had forged earlier this year. Hours after Spirit and Frontier said they terminated their merger agreement, which lacked shareholder support, Spirit said it agreed to sell itself to JetBlue.JetBlue said it expects to win regulatory approval in…

The US Energy Department recently has planned to announce it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help finance construction of new lithium-ion battery cell manufacturing facilities, officials told Reuters. The conditional commitment for the loan to Ultium Cells LLC for facilities in Ohio, Tennessee, and Michigan is expected to close in the coming months and comes from the government's Advanced Technology Vehicles Manufacturing loan program, which has not funded a new…

The U.S. Energy Department said it would loan to a General Motors Co. GM -0.43% joint venture $2.5 billion to fund the construction of three battery-cell factories, part of the Biden administration’s plans to jump-start the market for electric cars.The department said Monday it would make the conditional loan to Ultium Cells LLC, a joint venture between GM and South Korean battery company LG Energy Solution. 373220 2.36%…

All landline users will soon have to dial ‘0' before making calls to mobile phone numbers, the Department of Telecommunications (DoT) has declared. All telecom providers have been intimated of this change and are given the deadline of January 1 to take all the necessary steps. This includes an announcement that should be fed in the fixed line switched making users aware of this change, and opening up the provision of dialling ‘0', i.e., STD calling facility, from their landlines.DoT issued a service announcement titled…

The United States on Thursday reported its first case of polio in almost a decade.New York state's health department said a person living in Rockland County, 30 miles (48 kilometers) north of Manhattan, had tested positive for the disease.  America last recorded a polio case in 2013, according to the Centers for Disease Control and Prevention.The latest case was a type "indicative of a transmission chain from an individual who received the oral polio vaccine (OPV)," officials said.The oral vaccine was discontinued in the…

To curb the use of mobile boosters that wreak havoc on mobile networks and impact the experience for customers, Wireless Monitoring Organization, Department of Telecom (DoT), with the support of relevant authorities and mobile operators, has conducted inspection drives in South Mumbai.An official release said that the usage of illegal signal boosters been rampant in the city leading to network issues and customer complaints."Over the coming days, the authorities plan to extend the drive to other locations in the city," it…

An aerial view shows the rubble and destruction in a residential area following a large blaze the previous day, on July 20, 2022 in Wennington, Greater London.Leon Neal | Getty ImagesEurope is suffering under an unprecedented heat wave, leaving firefighters in London dealing with a huge surge in emergency calls."Yesterday was the busiest day for the fire service in London since the Second World War," Sadiq Khan, the mayor of London, told Sky News on Wednesday.Fireman work next to buildings destroyed by fire on July 19,…

The Comptroller and Auditor General (CAG) has pulled up the telecom department for not finalising policy on spectrum assignment for captive users and flagged the absence of spectrum price review for captive users administratively. In its report titled 'Management of spectrum assigned on the administrative basis to government departments/agencies', the CAG asked the Department of Telecom (DoT) to review the spectrum pricing mechanism for captive users to incentivise ministries, departments and agencies, and for maintaining…

The Justice Department is discussing with Cargill Inc. and Continental Grain Co. potential concessions that could clear the way for the companies to acquire poultry processor Sanderson Farms Inc., SAFM -1.44% according to people familiar with the matter.The discussions with the government involve how farmers and plant workers are paid, the people said. Cargill, an agribusiness giant with meat, grain and food ingredients businesses, and…

The US Justice Department, which has accused Alphabet's Google of breaking antitrust law in its search business, asked a judge to find that the company abused an attorney-client privilege designation to avoid turning over documents.In a court filing, the Justice Department asked for Google to be sanctioned for creating a "Communicate with Care" program that trains workers to include an attorney and a request for advice when writing about sensitive business matters."Often, knowing the game, the in-house counsel included in…