Top Business Stories: Mergers, Tariffs, and Regulations

The New York Times business section reports on Alaska Airlines's merger with Hawaiian Airlines passing a major review, Boeing pausing test flights of the 777-9 due to parts issues, the EU proposing a 9% tariff on Tesla vehicles, and a U.S. judge ruling against the FTC's noncompete rule authority.

Alaska Airlines's acquisition of Hawaiian Airlines achieved a critical milestone on Monday as the U.S. Justice Department concluded its review without antitrust objections.

Boeing announced on Tuesday the suspension of 777-9 test flights due to key part issues, further delaying the aircraft's development.

In another development, the European Union proposed a 9% additional tariff on Tesla vehicles to protect local manufacturers from what it considers unfair competition.

Meanwhile, a U.S. federal judge ruled that the Federal Trade Commission lacks the power to impose rules on unfair competition practices, including a noncompete rule that would prevent employee movement between rivals.

(With inputs from agencies.)