Bloomberg Business

JetBlue Airways Corp. is preparing for a possible lawsuit from the US Justice Department seeking to block the carrier’s merger with Spirit Airlines Inc.

Amazon.com Inc. is asking employees to work from the office at least three days a week, scrapping a prior policy that had left such decisions to senior managers.

Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into lending volume and defaults spook investors.

European natural gas futures settled below €50 a megawatt-hour for the first time in over 17 months as the region’s worst energy crisis in decades recedes — though there are signs further price declines are unlikely.

Another week of gains for the dollar is putting the US currency close to erasing its 2023 losses amid growing bets for more Federal Reserve rate hikes.

National Basketball Association legend Paul Pierce has agreed to pay $1.4 million to settle US Securities and Exchange Commission allegations that he touted a crypto token without disclosing that he was paid for the promotions.

Crypto giant Binance Holdings Ltd. is considering ending relationships with US business partners as regulators turn up the heat.

The Federal Reserve won’t be able to get US inflation down to its 2% target without “crushing the economy,” economist Mohamed El-Erian warned on Friday, but he said the central bank is unlikely to officially change that goal post.

New York Mayor Eric Adams said the city has reached a five-year contract agreement with its largest union, in a deal that grants 3% annual raises for the first four years and creates a remote-work pilot program for some municipal employees.