NEW YORK—American Airlines and JetBlue Airways will end their partnership in the Northeast next week, after a judge ruled that the deal violates antitrust law. JetBlue said Friday that it will end codesharing—the practice of selling seats on each other’s flights—and reciprocal frequent-flyer benefits on July 21. Customers who already bought a ticket through the…
American Airlines and JetBlue Will End Their Partnership Next Week After Losing Antitrust Case
American Airlines and JetBlue Must Abandon Their Partnership in the Northeast, Federal Judge Rules
American Airlines and JetBlue Airways must abandon their partnership in the northeast United States, a federal judge in Boston ruled Friday, saying that the government proved the deal reduces competition in the airline industry. The ruling is a major victory for the Biden administration, which has used aggressive enforcement of antitrust laws to fight against…
More Canadian Universities to End Research Partnerships With Huawei
A number of Canadian universities are disassociating from Huawei, amid concerns about the tech giant’s affiliation with the Chinese military. The University of Waterloo said on May 4 that it will be terminating research collaboration with Huawei after their contract expires this year. The move is to “safeguard scientific research” at the school, according to the university’s Vice…
Saudi Arabia Joins Shanghai Cooperation Organization as Ties With China Grow
April 2, 2023
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ChinaChina Business & EconomyInternationalInternational RelationsMiddle EastpartnershipSaudiShanghaiUSWashingtonWorld
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RIYADH—Saudi Arabia’s cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns. Saudi Arabia has approved a memorandum on granting the kingdom the status of a dialogue partner in the Shanghai Cooperation Organization (SCO), the state news agency SPA said. The…
New Partnership Aims to Grow Business at Port of Baltimore
The Port of Baltimore is expanding through a new partnership. Tradepoint Atlantic and Terminal Investment Limited are preparing to establish a 165-acre rail-served container terminal at Coke Point, Gov. Larry Hogan said, that officials with the project say will create about 1,000 new jobs in the region. The project launches a major phase of Sparrows…
Adidas Puts Partnership With Kanye West Under Review
FRANKFURT—German sporting goods maker Adidas on Thursday said it has put under review its business partnership with rapper and fashion designer Kanye West. “After repeated efforts to privately resolve the situation, we have taken the decision to place the partnership under review. We will continue to co-manage the current product during this period,” the company…
Volkswagen, Bosch Strike Partnership for Autonomous Driving Software: What You Need to Know
Volkswagen AG. and German engineering and technology company Bosch have forged a software alliance to take the legacy automaker toward Level 4 autonomy. What Happened Cariad, the automotive software unit of Volkswagen, and Bosch announced Tuesday an extensive automotive driving partnership. The partnership will seek to make partially and highly automated driving suitable for volume…
US, Japan to Rebuild Trade Ties With New Forum, Meetings
November 18, 2021
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Asia & PacificChinaInternationalpartnershiptradeUSUS NewsUS-China relationsUSTRWorldYoshimasa Hayashi
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WASHINGTON—The United States and Japan announced on Wednesday a new trade partnership to boost cooperation on labor, environment, and digital trade issues, with an emphasis on “third country concerns,” a reference to China’s state-driven economic policies. U.S. Trade Representative Katherine Tai, who is in Tokyo to meet with new Japanese government ministers, said initial meetings…
Rocket Mortgage Partners With Salesforce to Upgrade Mortgage Services for Financial Institutions
Rocket Mortgage, a division of Rocket Companies has teamed with Salesforce in a partnership that will make the Detroit-based company’s mortgage origination technology available to banks, credit unions, and other financial institutions through Salesforce Financial Services Cloud. What Happened According to the companies, Salesforce Financial Services Cloud enables financial institutions to deliver quality service through…
US Senator Concerned American, JetBlue Partnership Will Raise Prices
September 18, 2021
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AmericanBusiness & EconomyCompaniesDemocratsEconomieseconomyJetBluepartnershipPoliticspricesRichard BlumenthaSenatorUSUS News
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WASHINGTON—U.S. Senator Richard Blumenthal, a Democrat who has been outspoken on antitrust issues, expressed concern to the Transportation Department on Friday that a partnership between American Airlines and JetBlue Airways would lead to higher airfares. The airlines’ “Northeast Alliance” partnership was announced in July 2020 and approved by the Transportation Department six months later, shortly…
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