Biden’s Antitrust Team Signs a Big Swing on Corporate Titans

WASHINGTON — President Biden has put together the most aggressive antitrust team in decades, stacking his administration with three legal crusaders as he prepares to assume corporate consolidation and market power through efforts that may include curbing mergers and breaking up big corporations. Mr. Biden’s decision last week name Jonathan Kanter Leading the Justice Department’s …

Wall Street Prepares for Big Corporate Profits

Optimism blooms in earnings season After closing the books in the second quarter, executives have the most positive view ever of their company’s profits. Data from FactSet. And this could be a good sign that profitability growth will continue even after the expected recovery from the pandemic economic collapse. Companies started reporting second-quarter earnings this …