Vly News - Professional news Platform

As the U.S. Department of Justice (DOJ) works to convince a federal judge that the merger of Penguin Random House and Simon & Schuster will damage the careers of some of the world’s most popular writers, it rests in part on the testimony of a writer who has thrived like several others—Stephen King. Key points: DOJ sues to block merger between Penguin Random House and Simon & Schuster in major test of Biden administration’s antitrust policies Their star witness, bestselling author Stephen King, is expected to testify at trial King’s works are currently published by Simon & Schuster, but he has a voice against the merger Author of Carrie, The Shining and many other favorites, King willingly — even passionately — put himself in opposition to Simon & Schuster, his old publisher. He was not chosen by the government just because of his fame, but because of his public criticism of the US$2.2 billion (over US$2.8 billion) deal, announced in late 2021, to join the two largest pu

A regional airline has temporarily cut some Tasmanian services as a result of rising fuel costs. Key points: Sharp Airlines has temporarily suspended Saturday services to King Island and Flinders, as well as Wednesday services from Essendon to King Island Airlines say facing rising fuel costs, the only other alternative is to increase ticket prices Flights are scheduled to restart in September Sharp Airlines said the price of aviation turbine fuel had increased by more than $1 per liter in 12 months, 40 cents of which came in the past two months. Managing Director Malcolm Sharp said the airline had chosen to reduce flights rather than charge travelers. “For our customers, we try to find ways to make it at least less painful,” he said. “The easiest thing to do is raise prices, but we think that will have a bad impact on demand. “This is a difficult time.” The war in Ukraine has pushed up oil prices around the world. ( ABC Capricornia: Rachel McGhee ) The airline said it would suspend