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‘Highly qualified White, Asian, and other students were denied admission’: DOJ accuses UCLA of discrimination
The David Geffen School of Medicine at UCLA said in a written statement that its admission process is “based on merit” and that it is committed to complying with state and federal laws. It said it is reviewing the Justice Department findings.A year-long investigation into UCLA by the Justice Department found its medical school discriminated against white and Asian American…
I litigated the JetBlue-Spirit merger. A few thoughts on the future of antitrust in the airline industry
Spirit Airlines’ collapse, like its launch more than three decades ago, will impact consumers and the airline industry—and the Antitrust Division’s airline-enforcement program—for years to come. Spirit’s limited leg space and ancillary fees sparked endless complaints and memes. But each time Spirit marketed a low fare, it changed the competitive dynamics on the routes it served. Sometimes, consumers—like the student…
Cargo ship crews face attacks waiting the Gulf as Trump pauses two-day-old project to ‘guide’ ships
With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.“Ultimately, it’s still going to come back to the primary issues of risk and safety,” that shippers have to evaluate, said Sean…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
Record Demand for Fed Funding Tool Peaks Before Interest Rate Hike
As the Federal Reserve took measures to prevent financial institutions from exploiting favorable terms, borrowing from a Federal Reserve emergency lending program surged to a new record. The Bank Term…
