Regulators Blocked a Merger. Then the Layoffs Began
Amazon is a frequent target for Elizabeth Warren, among others, but after its acquisition of iRobot fell through, the Roomba maker said it was cutting its workforce by 31% and reducing R&D spending. Meantime, a judge stops a merger between JetBlue and Spirit Airlines, and Sen. Bernie Sanders demands that pharma CEOs testify before Congress to explain their pricing policies.
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By Paul Gigot, The Wall Street Journal
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Amazon is a frequent target for Elizabeth Warren, among others, but after its acquisition of iRobot fell through, the Roomba maker said it was cutting its workforce by 31% and reducing R&D spending. Meantime, a judge stops a merger between JetBlue and Spirit Airlines, and Sen. Bernie Sanders demands that pharma CEOs testify before Congress to explain their pricing policies.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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