Antitrust

Latest Stories

Nexstar-Tegna Deal on Hold Until Final Court Ruling, Judge Says

Nexstar Media Group Inc. was ordered by a California federal judge to keep operating Tegna Inc. as a separate company until he has issued a final judgment on whether to allow a merger that would create the largest local TV operator in the US.

By Robert Burnson and Josh Sisco

American Airlines Says It’s Not Interested in United Merger

American Airlines Group Inc. said it’s not engaged with or interested in any discussions regarding a merger with rival United Airlines Holdings Inc., dampening the prospect of a tie-up that could reshape the industry.

Live Nation Inks $742 Million of Private Debt Tied to Venues

Live Nation Entertainment Inc. has borrowed about €630 million ($742 million) in the private debt market to help finance its global investment in concert venues, people with knowledge of the matter said.

AI Chipmaker Cerebras Systems Files Publicly for US IPO

Cerebras Systems Inc., an artificial intelligence chipmaker and data center operator, filed publicly for an initial public offering months after withdrawing a previous attempt to list.

Cursor In Talks to Raise $2 Billion at Over $50 Billion Value

Cursor, a leading artificial intelligence startup for coding, is in advanced talks with investors to raise about $2 billion in a funding round at a valuation of more than $50 billion, not including the investment, according to a person familiar with the matter.

Justice Department Shakes Up Probe Into Alleged Trump Conspiracy

The Justice Department is shaking up the team probing former CIA Director John Brennan as part of a broad investigation into an alleged years-long conspiracy against President Donald Trump, according to people familiar with the matter.

Fed’s Waller Signals Caution On Rates, Sees Risk of Longer War

Federal Reserve Governor Christopher Waller said he is cautious about the need to lower interest rates in the near term, due to the energy shock triggered by war in Iran, and warned of the risk of a prolonged impact on inflation due to the conflict.

Live Nation Verdict Boosts Private Suits Over Concert Tickets

A high-profile jury verdict against Live Nation Entertainment Inc. in a suit pursued by more than 30 states injects new momentum into private plaintiffs’ antitrust cases against the US concert promoter and further exposes the company to billions in damages.

Uber Raises Delivery Hero Stake in €270 Million Prosus Deal

Uber Technologies Inc. is raising its holding in Germany’s Delivery Hero SE, buying a stake from its European rival’s biggest shareholder for €270 million ($318 million).

Yield Bets Pay Off for Traders Willing to Tune Out War Risks

Those credit investors who gambled on higher-yielding corporate bonds in the midst of the Iran war are looking increasingly vindicated as markets rebound on hopes of a lasting truce.