Department of Justice

Spotify, Epic Games, Match Group, and Other Tech Allies Support DOJ's Antitrust Lawsuit Against Apple

Spotify, Epic Games, Deezer, Match Group, and Other Tech Allies Support DOJ's Antitrust Lawsuit Against Apple

A group of key app developers, which include Epic Games, Spotify, and others, known as the Coalition for App Fairness (CAF), is supporting the DOJ's antitrust lawsuit against Apple.

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US-UKRAINE-RUSSIA-CONFLICT

Russian Oligarch's Mega-Yacht Amadea: US Government's $1 Million Monthly Maintenance Burden Unveiled

The US Department of Justice reportedly spends $1 million monthly on the Amadea, a $230 million mega yacht seized from Russian mogul Suleiman Kerimov.

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Haier Deals With GE On Purchasing Electrical Appliance Business To Find Momentum In The US Market

General Electric Co. has been intending to sell its electrical appliance chapter prior to initiation of global economic debacle. The Federal Justice Department has foiled its earlier bid to sell its century old electrical appliance portfolio. Finally, it has reached a consensus to sale the business unit to Chinese electrical equipments maker Haier for more than $4 billion.

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Goldman Agrees To Pay $5.1 billion, Resolves 7 Years’ Pending Mortgage Security Dispute

Goldman Sachs Group Inc. has finally agreed to pay $5.1 billion on Wednesday to resolve a seven years’ pending dispute over faulty mortgage securities. The penalty amount remains lower compared to those counted by other Wall Street competitors. Fourth quarter profit of the firm may be hit by the penalty counting. But investors welcome the settlement and its share price rises by 1.5% on Thursday.

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States line up to scrutinize Aetna's $33 billion Humana deal

U.S. insurance regulators and state attorneys general are lining up to scrutinize Aetna Inc's proposed $33 billion takeover of rival Humana Inc for potential harm to consumers, complicating what is already expected to be a tough and lengthy review by federal antitrust authorities.

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Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed

Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge.

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U.S. faces tough questions in Apple e-books antitrust appeal

A U.S. government lawyer faced tough questioning in an appeals court on Monday as he sought to defend a judge's ruling that Apple Inc conspired with five publishers to raise e-book prices.

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