Business

Facebook filings seek dismissal of antitrust lawsuits

Facebook said Wednesday it filed motions seeking dismissal of US federal and state antitrust lawsuits, claiming there is no credible case to be made that it has harmed competition or excluded rivals in social networking.

Business

Biden eyes Big Tech critic for regulatory post: media

President Joe Biden plans to nominate a prominent advocate of breaking up Big Tech firms to a key regulatory post, suggesting an aggressive antitrust stance, media reports said Tuesday.

Spirit Airlines warns of layoffs, ExpressJet's fate in doubt

Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet's future is in doubt after losing a key contract as the virus pandemic continues to hammer the ...

Business

Antitrust fever rises as Big Tech CEOs set to testify

Antitrust fever hits a peak in Washington this week with lawmakers set to grill top executives of four of the biggest US technology firms in what promises to be a rare political spectacle for the digital era.

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