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HPE settles DOJ suit over $14B Juniper deal
Hewlett Packard Enterprise has reached a settlement with the Justice Department that could clear the way for its $14 billion takeover of rival Juniper Networks. The Justice Department had sued to block the acquisition, saying it could eliminate competition, raise prices and reduce innovation. The settlement, which is subject to court approval, calls for Hewlett […]
$35B Capital One-Discover merger closes
McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, Capital One received approval from the Federal Reserve and the Office of the Comptroller of the Currency to purchase Illinois-based Discover. The deal was announced in […]
Is DEI done at the University of Virginia?
Gov. Glenn Youngkin and the Justice Department push the University of Virginia to eliminate diversity, equity, and inclusion programs.
DOJ seeks to drop Boeing fraud charge in 737 Max case
DOJ seeks to dismiss Boeing's 737 Max fraud charge after $1.1B deal; judge to decide on the motion.
Siemens Energy agrees to pay $104M over Dominion bidding scheme
Siemens Energy pleaded guilty and agreed to pay $104 million this week to settle a federal criminal investigation into stealing trade secrets in order to undercut competitors’ bids in 2019 to build a Dominion Energy gas turbine “peaker” power plant in the Richmond metropolitan area. The settlement comes after three former Siemens employees and a […]
