government policy

Updated Jan. 16, 2024 5:13 pm ETA federal judge on Tuesday blocked JetBlue Airways’ $3.8 billion deal to buy Spirit Airlines, rejecting a merger that he said would hamper competition and lead to higher fares.The ruling thwarts what would have been the biggest U.S. airline merger in over a decade. It marks a victory for the U.S. Department of Justice, which sued last year to prevent JetBlue and Spirit from going ahead with their tie-up.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Updated Jan. 15, 2024 2:27 pm ETAppleis removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a step likely to avoid further sales disruptions but one that may raise questions about the company’s push into health.The company halted sales of some watch models briefly last month after a U.S. import ban went into effect stemming from an October ruling by the U.S. International Trade Commission. The trade agency found Apple had violated the patents of…

The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status comes with its own set of headaches. In the past two years, hundreds of cargoes loaded with supercooled gas departed the U.S. Gulf Coast as foreign buyers turned to America for energy supplies. Developers of export terminals have seized the momentum to advance plans to build new plants and crank out even more LNG.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

 The Environmental Protection Agency sent letters requesting telecom companies to meet with the agency about their lead-sheathed phone cables, in a new phase of an investigation in the EPA’s efforts to protect the public from potential lead hazards.The agency’s move comes on the heels of the EPA finding more than 100 soil and sediment readings with lead above the regulator’s safety guideline for children at some phone lead-cable sites identified by The Wall Street Journal in three states.Copyright ©2024Dow Jones &…

Updated Jan. 11, 2024 10:59 am ETHertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals.The car-rental company said in a regulatory filing on Thursday that it would use part of the proceeds from selling about 20,000 EVs in the U.S. to purchase internal-combustion-engine vehicles.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 11, 2024 10:59 am ETHertzis selling about a third of its global…

Jan. 10, 2024 11:00 pm ETTOKYO—China’s near-monopoly on the solar-energy market has prompted the U.S. and allies to step up the search for workarounds. Engineers believe they have found one in a type of solar cell that looks and feels like camera film.Japan is pushing the technology with subsidies and other support, a sign of how renewable energy, alongside other high-tech fields such as semiconductors, has become a geopolitical football.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

The European Union is looking into whether the bloc could launch a review of Microsoft’sinvestment in ChatGPT maker OpenAI under its merger regulations, a month after the U.K.’s Competition and Markets Authority launched a probe into whether their partnership could have an impact on competition.The European Commission, the EU’s executive arm, made the disclosure on Tuesday as it sought input from interested parties on the level of competition in virtual worlds and generative artificial intelligence, and feedback on what…

Elon Musk reacted to a Wall Street Journal article detailing how leaders at Tesla and SpaceX are worried that his drug use could harm his companies.He weighed in with a flurry of social-media posts in recent days on his platform X, mentioning he didn’t fail drug tests. He also criticized the Journal and referenced business successes at Tesla and SpaceX.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Elon Musk reacted to a Wall Street Journal article detailing how…

Apple’s new mixed-reality headset will become available in the U.S. starting Feb. 2, setting the stage for the company’s premium-priced offering to compete in a crowded market.The tech giant’s Vision Pro headset, initially unveiled in June, will be available for pre-sale Jan. 19. It represents Apple’s first major new product in years.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Apple’snew mixed-reality headset will become available in the U.S. starting Feb. 2,…

The Federal Aviation Administration has approved procedures for airlines to inspect their grounded 737 MAX 9 jets, clearing the way for the planes to return to service.Air-safety regulators had issued an emergency order Saturday temporarily grounding MAX 9 jets after a panel plugging an unused emergency exit blew out of an Alaska Airlines flight shortly after its takeoff from Portland, Ore., leaving a gaping void in the side of the plane. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…