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The Trump-backed proposal has passed White House review. This proposal allows cryptocurrencies and private equity to be included in the $12 trillion 401(k) retirement plans. The US Department of Labor is expected to issue related regulations soon. (Cointelegraph)

This move demonstrates that, after experiencing the setback of its merger deal with Spirit Airlines being blocked by a judge, JetBlue Airways is still actively exploring a variety of strategic options to enhance its competitive position and market influence. The company has conducted internal assessments of the potential intensity of antitrust scrutiny, key regulatory approval milestones, and possible remedial requirements when engaging in deals with different potential partners. Analysts believe a partnership with the larger United Airlines may face the most severe antitrust challenges, while a deal with Alaska Airlines or Southwest Airlines may be relatively easier to gain regulatory approval due to factors such as complementary route networks. Nevertheless, any significant transaction involving major airlines will be subject to strict scrutiny under the Biden administration’s policies emphasizing industry competition.

TTF benchmark Dutch natural gas futures fell 2.03%, quoted at 52.240 euros/MWh. At 16:32 (UTC+8), it hit a daily low of 48.797 euros and then gradually recovered. ICE EU carbon emission trading permit (futures price) dropped 0.61%, quoted at 69.78 euros/ton.