logo
Justice Department fires two senior antitrust attorneys, alleging insubordination

Justice Department fires two senior antitrust attorneys, alleging insubordination

CNN2 days ago
The Justice Department has fired two senior antitrust attorneys who disagreed with the handling of a merger between two powerhouse companies, two sources told CNN.
The Monday firings came after weeks of tension between the officials, Roger Alford and Bill Rinner, and Assistant Attorney General Gail Slater, who runs the antitrust division. That division is tasked with investigating and suing companies for anticompetitive behavior.
Alford and Rinner had been put on administrative leave last week due to internal turmoil over how to handle a lawsuit against Hewlett Packard Enterprise for its proposed merger with Juniper Networks, a main competitor, a source said. The DOJ is in discussions to settle its challenge.
Their dismissals are part of a continuing battle inside the Justice Department between career officials and political appointees. Hundreds of career employees have left the DOJ – some of whom have publicly bashed the political employees – and dozens of others have been fired by department leadership.
A DOJ official confirmed the firings, citing 'insubordination.'
CNN has reached out to Alford and Rinner for comment. CBS News was first to report the dismissals.
Deputy Attorney General Todd Blanche appeared to reference disagreements within the division in mid-July, writing in a social media post that 'Anonymous efforts to divide this DOJ will not succeed,' pledging his support for Slater.
Hewlett Packard Enterprise, a spin-off of the old HP, announced its merger with Juniper Networks in January 2024. The tie-up was worth $14 billion at the time and combined HPE's cloud and networking services offering with Juniper's artificial intelligence and machine learning businesses. Juniper also sells networking equipment and solutions, but its AI business has become a hot commodity as HPE's rivals like IBM and Oracle pass it by on the promising new technology.
Weeks after the deal was announced, the Biden Justice Department sued to block the merger. It was concerned that the acquisition would combine the No. 2 and No. 3 wireless networking companies, taking a key competitor out of the market (Cisco is the market leader).
'This proposed merger would significantly reduce competition and weaken innovation, resulting in large segments of the American economy paying more for less from wireless technology providers,' said Omeed Assefi, the acting antitrust division head of the Justice Department, at the time.
At the time, the companies in a statement said the DOJ's lawsuit was 'fundamentally flawed.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump Sues Safeway Circular For False Ham Claims
Trump Sues Safeway Circular For False Ham Claims

The Onion

time8 minutes ago

  • The Onion

Trump Sues Safeway Circular For False Ham Claims

WASHINGTON—In an escalation of his ongoing feud with the press, White House sources confirmed this week that President Donald Trump was suing the Safeway circular for false ham claims. 'The deceptive Safeway flyer peddles lies about the dry and chewy Krakus Polish Honey Ham being both tender and juicy,' the president told reporters aboard Air Force One, explaining that he was seeking $20 billion in damages from the grocery coupon publication and its editor-in-chief for what he described as a 'shocking hoax.' 'The Safeway circular has treated me very badly. They say you can taste the homestyle difference, but you cannot, and there's no way that ham can be $8.99 per pound after I brought grocery prices to an all-time low. However, that's nothing compared to the horrendous ham prices we saw under Biden.' Trump added that he planned to launch a sales flyer of his own that would represent lunch meat without bias, spotlighting only succulent, hickory-smoked American hams.

The Fed's latest decision is leaving open a window of opportunity that many Americans may be ignoring
The Fed's latest decision is leaving open a window of opportunity that many Americans may be ignoring

Business Insider

time8 minutes ago

  • Business Insider

The Fed's latest decision is leaving open a window of opportunity that many Americans may be ignoring

The president may be hammering the Federal Reserve for not cutting rates, but there's an opportunity for consumers amid elevated borrowing costs — and it's one that many households might not be cashing in on. Fed Chair Jerome Powell confirmed what markets already suspected on Wednesday, leaving the benchmark rate unchanged, despite pressure from President Donald Trump. With no Fed meeting scheduled for August, all eyes are on the possibility of a September rate cut. But the time between now and then may be the last opportunity for consumers to take advantage of an opportunity created by elevated interest rates. A study from savings marketplace Raisin said that 84% of Americans do not actively search for better savings rates, even if they could be saving substantially by opting for a different annual percentage yield. The study found that many American households have the potential to save substantially. "The average APY on Americans' savings accounts is .58% but they could be earning upwards of 4% APY — which amounts to nearly 7x more in interest each year," the study said, adding that the difference for a household with $10,000 in savings amounts to earning $400 versus $58. Put simply, if every American household were to opt for higher-yield savings, it could lead to as much as $396 billion per year for consumers. "Rates really start to come down once we get into the fall," Shana Hennigan, chief business office at Raisin, told Business Insider. "With that backdrop, while consumers still have the opportunity, this might be the time to strike." If Powell and the central bank cut rates in September, the window to see that kind of yield on savings accounts could be closing.

American bit by shark while boating in The Bahamas
American bit by shark while boating in The Bahamas

USA Today

time8 minutes ago

  • USA Today

American bit by shark while boating in The Bahamas

A shark attacked and injured an American man in waters off a Bahamian island this week, local police said. The Royal Bahamas Police Force reported the incident took place off Manjack Cay in the Abacos Islands in the northern Bahamas, east of South Florida. Locally known as Nunjack Cay, Manjack Cay is in North Abaco. According to a police report, just after 2 p.m. on Monday, July 28, a United States citizen was on a boat with friends "with his leg hanging in the water" when the shark bit him. The man was taken to a local medical clinic where he was treated for his injuries and later released, acccording to police. Police did not release the man's name or age in the report or indicate what type of shark was responsible for the attack. USA TODAY has reached out to Bahamian police. Manjack Cay in North Abaco is just east of the island of Grand Bahama where the city of Freeport is located. They survived shark bites: Here's what they've learned and the wonders they've seen. How many people died in shark attacks last year? According to the International Shark Attack File (ISAF), 47 people were bitten in unprovoked attacks last year. Four people died, including one person in the U.S. Each year, according to ISAF, the world averages about 65 documented shark attacks. On average, six fatal attacks are reported each year. Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at nalund@ and follow her on X @nataliealund.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store