US Justice Dept questions landmark NCAA athlete pay settlement
By Mike Scarcella (Reuters) – The U.S. Justice Department on Friday questioned the fairness of a private $2.8 billion settlement with the National Collegiate Athletic Association, suggesting it might not go far enough to compensate student athletes. The Biden administration expressed its
US FTC finalizes consent order for $53 billion Chevron-Hess merger
(Reuters) – The U.S. Federal Trade Commision (FTC) said on Friday it had approved a consent order to resolve antitrust issues concerning Chevron (NYSE:CVX)’s $53 billion takeover of Hess (NYSE:HES). According to the order, John Hess, CEO of the
BlackRock agrees to new ESG disclosures in Tennessee settlement
By Niket Nishant and Ross Kerber (Reuters) -Asset manager BlackRock (NYSE:BLK) agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee Attorney General Jonathan Skrmetti, his office said on Friday. The resolution is
US agency sues two automakers, alleging discrimination and harassment
By Jonathan Stempel (Reuters) – The U.S. Equal Employment Opportunity (SO:FTCE11B) Commission on Friday sued two large automakers, accusing General Motors (NYSE:GM) and the United Auto Workers of age discrimination and the Stellantis (NYSE:STLA) unit that includes Chrysler of
US FAA probes reports of SpaceX rocket debris landing in Turks and Caicos
By Joey Roulette WASHINGTON (Reuters) -The U.S. Federal Aviation Administration and officials from the Turks and Caicos Islands have launched probes into SpaceX’s explosive Starship rocket test that sent debris streaking over the northern Caribbean and forced airlines to divert dozens