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Some Trump Officials Cast Doubts on Hassett for Fed Chair, Politico Reports

Some Trump administration officials have privately raised doubts about the possible selection of National Economic Council Director Kevin Hassett as the next Federal Reserve chair, Politico reported on Tuesday, citing three people familiar with the discussions. President Donald Trump told the Wall Street Journal last week that he has narrowed...

Steam Down for Thousands Tuesday, Downdetector Reports

Steam experienced a possible outage Tuesday, with thousands of users reporting issues, according to Downdetector.com. More than 41,000 users had reported problems with the platform as of 3:30 p.m. PT, according to Downdetector, which tracks outages by collecting status reports from multiple sources. Most users reporting issues say they’re experiencing...

Spirit and Frontier Airlines Eye Merger, Bloomberg News Reports

Bankrupt Spirit Aviation Holdings is in discussions to merge with Frontier Group Holdings, Bloomberg News reported on Tuesday, citing people familiar with the matter. Frontier's shares rose more than 5% in after-hours trading. A deal could be announced as soon as this month, the report said, though talks are ongoing...

UC’s $28 Million System for Pension Payouts Produces Chaos and Complaints

This commentary was originally published by CalMatters. Sign up for their newsletters. The University of California is one of the world’s most prestigious centers of higher education and cutting-edge medical, technological and social research. One assumes that its faculty and administrative cadre are saturated with extremely bright people. Nevertheless, UC...

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