FTC seeks breakup of Altria Juul deal on antitrust grounds
U S regulators sue to unwind the billion dollar Altria Juul alliance claiming an agreement not to compete in U S vaping markets. The FTC alleges anticompetitive cooperation erasing Juuls market edge and sharing profits. Altria disputes the charges and vows to defend its stake.
MENTIONED IN THIS ARTICLE
Feds
Washington
U.S
Altria
Juul Labs
Federal Trade Commission
Juul
Richmond
Jull
FTC
Ian Conner
Bureau of Competition
Murray Garrick
Bloom Energy fixes ventilators for California amid COVID 19 demand
In California a Bloom Energy team led by engineer Joe Tavi began repairing ventilators for state use. After downloading a 300 page LTD 1200 manual they fixed over 500 machines, comparing their effort to WWII industrial mobilization and focusing on each ventilator helping individual patients.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
Joe Tavi
California
San Jose
Bloom Energy
Tavi
Society of Critical Care Medicine
U.S
Gavin Newsom
Susan Brennan
Sunnyvale
Ben Margot
Survey shows ADs brace for 2020 21 revenue drop crisis
Athletic directors at 130 major football schools fear a severe financial hit from the coronavirus. A LEAD1 survey finds 63 percent expect at least a 20 percent revenue downturn in 2020 21, even with a shortened football season. Some schools, like Iowa State, cut coaches pay and suspended bonuses to save millions, while Wyoming’s AD plans a 10 percent salary cut through year end.
MENTIONED IN THIS ARTICLE
LEAD1
Teamworks
NCAA
Iowa State
Jamie Pollard
Cyclones
Trump aims $2.2 trillion bailout to rescue economy
The plan, backed by Treasury Secretary Mnuchin, would funnel funds to households and businesses with loans and direct cash. It centers on design choices affecting which industries receive support and how quickly funds are distributed amid looming job losses and a potential deep recession.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
U.S
Treasury
Steven Mnuchin
Trump
Mnuchin
Congress
Florida
Neil Barofsky
Jenner & Block
Bank of America
Barofsky
Peter Henning
Wayne State University
Justice Department
Also Mentioned on This Page
AP Photo
Seth Wenig
Wyoming
Tom Burman
Georgia
Kirby Smart
Athens
Joshua L
Herald
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