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United States

Jennifer Saba

Breakingviews - Viewsroom: When dealmaking gets difficult

Jun 13 2019

NEW YORK (Reuters Breakingviews) - Raytheon and United Technologies’ planned $114 bln tie-up raises questions about strategy, cost cuts and executive overreach. It’s prompted their shares to tank and activist Bill Ackman to oppose it. And Fiat Chrysler and Renault’s mooted merger has crashed. Can they salvage it?

Breakingviews - T-Mobile US backlash reveals M&A regulatory risk

Jun 11 2019

NEW YORK/SAN FRANCISCO (Reuters Breakingviews) - Dealmaking requires a modicum of consistency to give corporate chiefs the confidence to place multibillion-dollar bets. But the latest twist in T-Mobile US’s bid to win approval for its purchase of Sprint reveals a regulatory tug-of-war that’s anything but predictable.

Breakingviews - U.S. watchdog should throw down Facebook gauntlet

May 29 2019

NEW YORK/SAN FRANCISCO (Reuters Breakingviews) - The U.S. Federal Trade Commission may want to play its biggest, yet riskiest, hand. The U.S. regulator is working with Facebook on a pricey settlement after the social network failed to protect consumer data. But a lawsuit against Mark Zuckerberg’s firm might produce more significant sanctions.

Breakingviews - Viewsroom: America’s topsy-turvy regulators

May 23 2019

NEW YORK (Reuters Breakingviews) - Qualcomm lost a lawsuit brought by one DC overseer, even as the DOJ intervened, while $26 bln T-Mobile US-Sprint merger is getting yanked around by agencies with opposing views. Doing business is hard when agencies no longer act in unison. Plus: Is Luckin Coffee going cold?

Breakingviews - Qualcomm, Sprint show U.S. policy blowing in wind

May 22 2019

NEW YORK (Reuters Breakingviews) - Qualcomm, T-Mobile US and Sprint have been thrown for a loop this week. And they and their investors have the random nature of oversight in President Donald Trump’s administration to thank for it.

Breakingviews - The Exchange: The trouble with America

May 20 2019

NEW YORK (Reuters Breakingviews) - The country no longer loves the unremarkable and its inequitable universities are unsustainable, NYU’s Scott Galloway tells Breakingviews. As his new book “The Algebra of Happiness” hits the shelves, he also discusses his prescient Amazon call and why Big Tech needs breaking up.

Breakingviews - Viewsroom: The lasting effects of Trump’s tariffs

May 16 2019

NEW YORK (Reuters Breakingviews) - Washington and Beijing may yet find a way to end their escalating trade war soon. But for many businesses, the damage already inflicted will be hard to undo. Plus: CEO Mark Zuckerberg might not welcome more calls to break up Facebook, but shareholders could benefit.

Breakingviews - Facebook eyes new path around China’s great wall

May 15 2019

SAN FRANCISCO/NEW YORK (Reuters Breakingviews) - Facebook is eyeing an indirect path around China’s great wall. Blocked from operating there directly, the $520 billion social network is considering alternatives that include taking minority stakes in local tech firms, people familiar with the matter have told Breakingviews. Politicians in Beijing and Washington may not like that idea. For Mark Zuckerberg's firm, though, it's probably the best option going. 

Breakingviews - Viewsroom: Oil M&A fight may end with no winner

May 09 2019

NEW YORK (Reuters Breakingviews) - Occidental boss Vicki Hollub corralled BofA CEO Brian Moynihan and investor Warren Buffett to her side to seal a $38 bln offer for Anadarko. Her tactics scared off rival bidder Chevron but may alienate her own shareholders. Plus: Malaysia’s reform efforts since the 1MDB scandal.

Breakingviews - Viewsroom: Apple versus Alphabet

May 02 2019

NEW YORK (Reuters Breakingviews) - Both Silicon Valley giants are looking for the next big thing after a slowdown in their main product – iPhone sales at Apple and online ads at Alphabet. Lower expectations mean Tim Cook’s outfit has more time to act. Plus: Activist Dan Loeb puts Sony back under the microscope.

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