Jennifer Saba
Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
Breakingviews - Viewsroom: Disney, Comcast go from zero to berserk
NEW YORK (Reuters Breakingviews) - The Magic Kingdom and the cable company are driving up the price for parts of Twenty-First Century Fox in a global M&A battle that throws financial logic out the window. But does it make sense strategically? Plus: India’s cricket league takes a few pages from the NFL playbook.
Disney hurls magic and moolah to woo Murdoch
NEW YORK (Reuters Breakingviews) - Walt Disney has hurled magic and moolah to woo the Murdochs. The Mouse House leapfrogged Comcast by raising its offer for parts of Twenty-First Century Fox to $71 billion, including a generous dollop of cash. Disney has room to go higher still. The cable firm may yet go hostile but would be better off focusing its efforts on Sky.
Breakingviews - Viewsroom: AT&T win is unlikely to muzzle watchdogs
NEW YORK (Reuters Breakingviews) - The telco firm prevailed against the DOJ and can now legally buy Time Warner for $85 bln. The green light doesn’t mean that regulators will roll over for other deals however. T-Mobile US and Sprint may still be in the crosshairs. Plus: An Australian bank cartel runs into trouble.
Breakingviews - AT&T gets law right this time, but could regret it
NEW YORK/WASHINGTON (Reuters Breakingviews) - This time AT&T got the law right. A judge cleared the telecom firm’s $85 billion Time Warner purchase, handing the U.S. Department of Justice a comprehensive defeat. It’s a win for Chief Executive Randall Stephenson, but it could come with a winner’s curse.
Breakingviews - Viewsroom: Are tech investors lemmings?
NEW YORK (Reuters Breakingviews) - Despite Facebook’s mounting problems, only a third of independent shareholders refused to reelect Mark Zuckerberg and Sheryl Sandberg to the board. Tesla and Netflix owners tend to follow the leader, too. Yet protest votes are useful. Plus: Chinese stocks make it into the MSCI.
Breakingviews - Review: Mad men struggle in vain to preserve past
NEW YORK (Reuters Breakingviews) - The mad men are howling in the wind. A new book examines the advertising world’s uneasy relationship with Facebook, and how Madison Avenue is trying to combat the social network's clout with electronic exchanges and use of data. Author Ken Auletta has written extensively about the media and advertising business, but he struggles to say the obvious: The middlemen don’t have a prayer.
Breakingviews-Viewsroom: Who will win the World Cup?
NEW YORK (Reuters Breakingviews) - Germany may not be the bookies’ clear favorite to lift the trophy. But a data dive into player values, population and other factors predicts the team will emerge victorious. Meanwhile, Italy stages an economic and political comic opera. Plus: Ant Financial’s $10 bln kitty.
Breakingviews - How Comcast can boost its chances of snaring Fox
NEW YORK (Reuters Breakingviews) - Comcast can boost its chances of snaring Fox. The cable company is preparing to scuttle Walt Disney’s $52.4 billion bid for some of Rupert Murdoch’s media assets, and a major Fox shareholder is receptive to the idea. But Comcast Chief Executive Brian Roberts may want to offer more than just the best price to get a hearing.
Breakingviews - Viewsroom: America sees red on China trade deal
NEW YORK (Reuters Breakingviews) - Getting Beijing to force companies to buy more U.S. soybeans and oil may help the Trump administration claim a numbers victory. But it reinforces China’s statist instincts while ignoring most U.S. business beefs with Sino-American trade. Plus: has Tencent hit a peak?
Breakingviews - Closing tech’s gender gap will take decades
NEW YORK (Reuters Breakingviews) - About one in three employees at Google, Facebook and Apple is a woman. That’s an imbalance that tech sector executives Sheryl Sandberg and Tim Cook say they want to change. Yet even if their companies set a target of just over half their new recruits being women, a Breakingviews calculator shows that closing the gender gap will take up to 15 years.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 24,282.61 |
-298.28 |
-1.21% |
| S&P 500 | 2,724.72 |
-30.16 |
-1.09% |
| NASDAQ | 7,578.89 |
-113.92 |
-1.48% |
| TR US Index | 245.14 |
-1.33 |
-0.54% |
Sector Summary
| Energy |
-1.84%
|
| Basic Materials |
-1.51%
|
| Industrials |
-1.41%
|
| Cyclical Goods & Services |
-1.35%
|
| Non-Cyclical Goods & Services |
-0.21%
|
| Financials |
-0.94%
|
| Healthcare |
-0.74%
|
| Technology |
-1.60%
|
| Telecoms |
-0.62%
|
| Utilities |
+0.18%
|