DOJ Drops Subpoenas Against NYT Reporters Over Air Force One

The Department of Justice dropped subpoenas issued to a group of New York Times reporters after a judge questioned whether the government followed legally necessary steps before issuing the requests. No financial figures were reported, and the action appears primarily procedural/clerical rather than directly market-moving.

Analysis

The Department of Justice dropped subpoenas issued to a group of New York Times reporters after a judge questioned whether the government followed legally necessary steps before issuing the requests. No financial figures were reported, and the action appears primarily procedural/clerical rather than directly market-moving.