The low-cost Irish airline accuses the European Union of unfairly keeping struggling national airlines in business during the pandemic with generous subsidies. So far, though, European courts disagree.
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The court rejected the European Commission’s contention that a scheme to rescue a failing Italian bank by using Italy’s deposit guarantee fund was a form of illegal state aid.
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Budget carrier Ryanair failed Wednesday to convince the European Union’s second-highest court that government support for rivals Air France and Scandinavian Airlines broke state aid rules.
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A federal judge ruled Wednesday that proposed energy surcharges included in Ohio legislation now tainted by the arrest of former House Speaker Larry Householder are a concrete injury that grants standing for residents to pursue racketeering claims against FirstEnergy Corporation.
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A Cypriot lawyer with ties to the Trump administration lost his final appeal before the EU’s high court Wednesday in a dispute over money lost during the last financial crisis.
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In many ways echoing last year’s Consumer Financial Protection Bureau challenge, shareholders of Fannie Mae and Freddie Mac took on the authority of the federal agency that oversees the mortgage giants Wednesday in a Supreme Court battle implicating billions of dollars.
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The British government and the Bank of England joined forces Thursday to provide further support to an economy that is set for a difficult winter following the imposition of new coronavirus lockdown measures.
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Ignoring the post-Election Day hangover, stocks surged on Wednesday despite no clear winner yet in the presidential race.
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Two co-defendants of former Ohio House Speaker Larry Householder each pleaded guilty Thursday to a single charge of racketeering conspiracy, which could put more pressure on the ousted lawmaker to cut a deal with prosecutors in his bribery case.
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A European Court of Justice magistrate found Thursday that Italy’s rescue plan for a failing bank was legal and did not break European rules limiting government aid to private businesses.
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Fears of a bona fide second wave of Covid-19 — and still no stimulus plan in sight — sent markets
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Announcing that he will no longer negotiate a deal with House Democrats, President Donald Trump on Tuesday killed the possibility of another Covid-19 relief measure.
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Lawmakers voted down an additional coronavirus relief Thursday as Senate Democrats and Republicans failed to compromise on the package’s latest haircut.
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After a Trump-appointed judge shredded the rule for trampling congressional intent, experts called the government’s attempted diversion of coronavirus relief to private schools an exploitive political move.
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The ousted speaker of the Ohio House of Representatives pleaded not guilty Thursday to a federal charge of racketeering conspiracy related to a $60 million bribery scheme involving the billion-dollar bailout of nuclear power plants.
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Wall Street sputtered once again Tuesday as worries among business groups about the government’s floundering stimulus efforts have compounded.
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https://www.courthousenews.com/wp-content/uploads/2020/08/manufacturing-survey.pdf
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Improving unemployment data did not correspond to better gains on Wall Street, which faltered Thursday after a couple days of gains.
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Wall Street flatlined despite a better-than expected jobs report Friday as Congress still deliberates over a stimulus package.
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The four co-defendants of Republican lawmaker and former Ohio Speaker of the House Larry Householder pleaded not guilty to federal racketeering charges Thursday, while Householder’s scheduled hearing was delayed for two weeks so he can hire an attorney.
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