Supreme Court Allows Antitrust Lawsuit Against Apple to Proceed

Supreme Court Allows Antitrust Lawsuit Against Apple to Proceed

WASHINGTON — The Supreme Court on Monday allowed an enormous antitrust class action against Apple to move forward, saying that the plaintiffs should be allowed to try to prove that the technology giant had used monopoly power to raise the prices of …
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Billionaire Schwartz Finally Lands an Airline With WestJet Deal

“Onex is a very aviation-focused fund so they know the space,” said George Ferguson, a Bloomberg Intelligence analyst. “WestJet is looking for growth
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Uber CEO's rallying cry as stock keeps sliding: Remember Facebook and Amazon

Rough post-IPO trading continues, but Khosrowshahi says that is just ‘pessimistic voices’ winning out amid market turmoil. Bloomberg News/Landov. Uber Chief Executive Dara Khosrowshahi reportedly said in an email to employees Monday morning that …
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Dow drops again, with average falling over 600 points, as trade war with China escalates

The Dow tumbled more than 600 points in Monday trading after China planned to hike tariffs on U.S. goods, signaling an escalation in the trade war between the two nations. China said Monday that it plans to increase duties on $60 billion of goods it imports …
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RBA Keeps Rate Unchanged as Lowe Plays It Safe Ahead of Election

Australian central bank chief Philip Lowe kept his head below the political parapet by keeping interest rates unchanged less than two weeks out from an election. Lowe left the cash rate at 1.5 percent — where it has stood since he took the helm in September …
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