North American energy scene keeps getting more interesting. The aging of America, animated. Lame duck laureates: economics awards and staying power. Scott Sumner on good pragmatism, bad pragmatism. Jackson Hole agenda leaked. Penny-stock fraud operators mastered the art of cross-selling. Why you need to worry about the IPO boom. FT markets round-up: "Global investors welcomed positive economic data from the US and Europe but the optimism was blighted by news that a large merger between two leading US airlines faced a significant legal roadblock. Stocks on the S&P 500 dipped after the US Department of Justice filed an antitrust suit to block a $10bn merger between AMR Corp, the parent company of American Airlines, and US Airways Group. US Treasuries were also being sold as investors priced in stronger growth. Yields on the 10-year benchmark government bond climbed 9 basis points to 2.71 per cent, heading towards the top of the 2.50-2.75, only a few basis points shy of fresh two-year highs. DoJ sues to block US Airways-AMR merger: "Plans to create the world's largest airline by sales hit severe problems on Tuesday after the US's justice department sued to block the $11bn merger of US Airways and American Airlines" bankrupt parent. Icahn takes a bite of Apple: "Carl Icahn, the veteran activist investor, has taken a "large position" in Apple and is pushing for a further return of cash to shareholders. "London whale" traders "not evading" authorities: "Lawyers for two former JPMorgan Chase employees facing possible criminal charges tied to the $6bn "London whale" trading loss said on Tuesday their European-based clients are not in hiding or seeking to evade authorities. This entry was posted by Cardiff Garcia on Tuesday August 13th, 2013 22:08.