• DOJ in antitrust probe of Penske Media’s deal to buy The Hollywood Reporter

    DOJ in antitrust probe of Penske Media’s deal to buy The Hollywood Reporter

    The Department of Justice is investigating antitrust concerns surrounding Penske Media’s deal to buy The Hollywood Reporter, The Post has learned. Sources close to the situation said the DOJ has
  • Nikola discloses subpoenas from DOJ, SEC and New York DA

    Nikola discloses subpoenas from DOJ, SEC and New York DA

    Electric truck maker Nikola revealed late Monday that it was hit with a grand jury subpoena from the Justice Department in September amid accusations that the company has lied about its
  • DOJ sues to block Visa’s $5.3B purchase of fintech firm Plaid

    DOJ sues to block Visa’s $5.3B purchase of fintech firm Plaid

    The Department of Justice sued payment processing giant Visa on Thursday to block the company’s purchase of financial technology startup Plaid, calling it a monopolistic takeover of a potential
  • Blue Bell Creameries slapped with $17M fine for listeria outbreak

    Blue Bell Creameries slapped with $17M fine for listeria outbreak

    Ice cream manufacturer Blue Bell Creameries has been hit a $17.25 million fine for causing a massive listeria outbreak in 2015. The fine, issued by a federal court judge in Texas, is the largest criminal penalty ever for a food safety case, the Department of Justice said in announcing the unappetizing fine on Thursday. “The …
  • Barr Defends Right to Intervene in DOJ Investigations, Warns of Abuses by ‘Headhunter’ Prosecutors

    Barr Defends Right to Intervene in DOJ Investigations, Warns of Abuses by ‘Headhunter’ Prosecutors

    Attorney General William Barr on Wednesday defended his right to intervene in Justice Department probes and overrule the decisions of career lawyers after facing accusations over the last several months that he has politicized the department. “Because I am ultimately accountable for every decision the department makes, I have an obligation to ensure we make the …
  • Feds can’t scapegoat Google and Big Tech as anti-trust targets forever

    Feds can’t scapegoat Google and Big Tech as anti-trust targets forever

    It seems that every week is a big week for Big Tech these days. Sometimes hitting record highs, sometimes taking a big hit. But I wouldn’t be worried about market jitters. The real Sword of Damocles for Big Tech could come as early as this week, when a supposedly free-market Trump administration could launch a …
  • Grassley Demands Explanation from DOJ on Mueller Team’s Wiped Phones, Questions Whether It Was ‘Widespread Intentional Effort’

    Grassley Demands Explanation from DOJ on Mueller Team’s Wiped Phones, Questions Whether It Was ‘Widespread Intentional Effort’

    Senator Chuck Grassley on Friday demanded more details from the Justice Department on the cell phones used by Special Counsel Robert Mueller’s team that were wiped before the DOJ inspector general could review them for records. “It appears that Special Counsel Mueller’s team may have deleted federal records that could be key to better understanding …
  • Feds charge 57 with defrauding COVID-19 relief loan program

    Feds charge 57 with defrauding COVID-19 relief loan program

    Federal law enforcement authorities have charged 57 people with stealing $175 million from an aid program meant to help small businesses weather pandemic lockdowns, officials said on Thursday, adding that they are eyeing hundreds more suspected cases of fraud. Officials said they have identified 500 individuals who may have defrauded the $660 billion Paycheck Protection …
  • JPMorgan probing alleged misuse of coronavirus relief funds by staff

    JPMorgan probing alleged misuse of coronavirus relief funds by staff

    JPMorgan is investigating employees who may have been involved in the misuse of federal funds meant to help small businesses and other customers hurt by COVID-19 shutdowns, according to an internal memo seen by Reuters. The bank said it had found cases of customers “misusing Paycheck Protection Program loans, unemployment benefits and other government programs,” …
  • Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales

    Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales

    Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organize for a state fund, the Bernama state news agency reported. The move comes after Goldman Sachs agreed to pay $3.9 billion to Malaysia to settle a probe into its alleged …