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DOJ antitrust chief touts blocked mergers

Jonathan Cantor, head of the Justice Department’s antitrust division, on Wednesday tore down the department’s track record of blocking mergers in concentrated markets, amid continuing tensions between policymakers and big business as political coalitions rebuild. praised. Cantor, who has overseen the halting of mergers from airlines to book publishing and the first criminal monopoly wins […]

Biden capitalizes on Trump in court and touts tax plan in Pennsylvania

Pennsylvania is expected to be one of the most closely contested states in this fall’s election, and with his opponent sidelined, President Joe Biden is barnstorming it with a three-stop tour this week. Biden will campaign first in Scranton, the city where he was born and spent his earliest years, followed by a Wednesday appearance […]

Amazon CEO Andy Jassy touts AI push in shareholder letter

Defiance ETF CEO and CIO Sylvia Jablonski is responding to reports that Amazon and Google are tempering expectations for generative AI to “make money.” Amazon CEO Andy Jassy outlined the e-commerce giant’s approach to artificial intelligence (AI) development in his annual letter to shareholders released Thursday. Jassy wrote that Amazon aims to “empower internal and […]