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Trump: Netflix purchase of Warner Bros. ‘problem’

President Donald Trump says a deal struck by Netflix to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share.

The Republican president says he will be involved in the decision about whether federal regulators should approve the deal.

Government waives part of fine against Southwest

The U.S. Department of Transportation is waiving part of a fine assessed against Southwest Airlines after the company canceled thousands of flights during a winter storm in 2022.

Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140 million civil penalty for violating consumer protection laws. Most of that money went toward compensation for travelers, but the airline agreed to pay $35 million to the U.S. Treasury in three installments.

Bessent divests from soybean farmland

Treasury Secretary Scott Bessent says he has divested from his North Dakota soybean farmland.

This move comes as he leads Trump administration negotiations with China over trade and tariffs. Bessent announced his divestment Sunday on CBS’s “Face the Nation.” An ethics agreement required him to divest his investment, which was through a family partnership.

Wall Street pulls back from its record heights

U.S. stocks pulled away from their record heights.

The S&P 500 slipped 0.3% Monday for just its second loss in the last 11 days, but it remains near its all-time high set in October. The Dow Jones Industrial Average dropped 215 points, and the Nasdaq composite edged down by 0.1%.

EU leader warns of US interference in Europe

A top European Union official has warned the United States against interfering in European affairs. European Council President Antonio Costa was reacting Monday to the Trump administration’s new national security strategy.

The document criticizes European allies and offers tacit support to far-right parties in Europe. Costa emphasized that only European citizens can choose their political leaders.

ICEBlock maker sues Trump administration

The maker of an iPhone app that flagged sightings of U.S. immigration agents has sued the Trump administration for free speech violations.

The lawsuit, filed Monday, alleges that U.S. Attorney General Pam Bondi used her power to force Apple to remove the app. Apple removed ICEBlock and other apps from its store in October after Bondi claimed they put Immigration and Customs Enforcement officers at risk. The lawsuit argues that the government’s actions violated the First Amendment.

Boeing finalizes $4.7B acquisition of supplier

Boeing has completed its $4.7 billion purchase of Spirit AeroSystems, a key supplier that builds fuselages for its 737 Max jetliners.

The deal announced on Monday brings Boeing’s largest supplier of spare parts in-house. CEO Kelly Ortberg calls it a “pivotal moment” for the company’s future.

Arguments begin in lawsuit against Meta

Massachusetts’ highest court heard oral arguments Friday in the state’s lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users.

The lawsuit filed in 2024 by state Attorney General Andrea Campbell alleges that Meta did this to make a profit and that its actions affected hundreds of thousands of teenagers in Massachusetts who use the social media platforms.

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