The big picture: Airline mergers must be approved by both the Justice Department and Transportation Department.
<ul><li>Many of DOJ's top antitrust officials and prosecutors have been forced out and… [+1424 chars]

Corporate America has concluded that antitrust approval now comes from the top.

Axios

Airline mega-merger story is all about Trump - Axios

Bank of America Corp.s traders pulled in the businesss highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firms stock-trading desk to an all-time record.
Re… [+254 chars]

Bank of America Corp.’s traders pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record.

Bloomberg

BofA Stock Traders Notch Record Fueled by Momentum in Markets - Bloomberg.com

A police investigation is underway in Australia after Katy Perry was accused of sexual assault by “Batgirl” and “Orange Is the New Black” actor Ruby Rose. The pop star has denied the allegations, cal… [+2253 chars]

Katy Perry is being investigated by police in Australia after Ruby Rose accused her of sexual assault.

Variety

Katy Perry Under Investigation in Australia Over Ruby Rose Sexual Assault Allegations - Variety

Associated Press

Mediators move closer to extending US-Iran ceasefire, officials tell AP - AP News

Snap's shares jumped on Wednesday after the company announced plans to slash up to 16% of its global workforce, citing AI-driven efficiencies. 
CEO Evan Spiegel said in a letter to staff that the re… [+2613 chars]

Snap was up in premarket trading on Wednesday after announcing plans to lay off up to 16% of its global workforce citing AI-driven efficiencies

What's New ?

Airline mega-merger story is all about Trump - Axios

BofA Stock Traders Notch Record Fueled by Momentum in Markets - Bloomberg.com

Katy Perry Under Investigation in Australia Over Ruby Rose Sexual Assault Allegations - Variety

Mediators move closer to extending US-Iran ceasefire, officials tell AP - AP News

Snap's stock jumps 11% on plans to axe 16% of its workforce citing AI efficiencies - CNBC