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
NEW YORK (Reuters Breakingviews) - Since June, when Amazon.com agreed to buy Whole Foods Market, Kroger, the largest publicly traded U.S. supermarket chain, has seen nearly $8 billion of its market value disappear. That is a testament to the Shiva-like force the e-commerce pioneer led by Jeff Bezos can unleash, threatening to destroy swaths of the retail landscape and many of its jobs.
NEW YORK (Reuters Breakingviews) - From Goldman Sachs partner to Fortress founder and now bitcoin trader, the chief executive of Galaxy Investment Partners has something of a Midas touch. He swings by Times Square to talk about how he's making a killing with a new hedge fund betting on crypto-currencies.
NEW YORK (Reuters Breakingviews) - It doesn’t take much imagination at work to grasp the religious undertones in General Electric boss John Flannery's plan for the $178 billion conglomerate. He says he is "looking for the soul of the company again." Now, some 100 days into the job, Flannery has categorically exorcised the ghosts of false expectations past by halving its dividend, reducing earnings guidance and questioning entire swaths of the company's portfolio of industrial assets. Next up is GE's board of directors.
LISBON (Reuters Breakingviews) - Not many regulators get the celebrity treatment accorded Margrethe Vestager. The European commissioner for competition took the stage on Monday in front of a crowd of thousands. “Society is about people, and not about technology,” she said to raucous applause at Web Summit in Lisbon, an annual gathering that has become the closest thing to the technology industry's version of the Rebel Alliance from Star Wars.
NEW YORK (Reuters Breakingviews) - Not two weeks ago, Saudi Arabia's crown prince declared before thousands of his subjects and invited guests that his country needed to move to a more just, open and moderate Islamic society. On Sunday, Mohammed bin Salman turned the same venue – the Ritz-Carlton in Riyadh – into a posh detention center for princes, ministers and other elites rounded up in a sudden anti-corruption drive. It could do the likely next Saudi king's ambitious economic and social reforms more harm than good.
NEW YORK (Reuters Breakingviews) - The key number to emerge from Saudi Arabia's big financial confab last week wasn't a sum of money, or an economic target, but a year - 1979. To thousands of foreign dignitaries, journalists and his own subjects, Crown Prince Mohammed bin Salman vowed to return the kingdom his family has ruled since 1932 to the more moderate society that prevailed before the siege of the Grand Mosque 38 years ago. He may need the global financial community’s help to make it happen.
NEW YORK (Reuters Breakingviews) - Ever since Colorado, Washington and other states legalized marijuana, the conventional wisdom has been that the U.S. weed business would in a matter of years move from a cottage industry into the arms of Big Tobacco. But Constellation Brands, maker of Svedka vodka and Corona beer, just dropped something into that punchbowl. It's taking the legit ganja party up a notch.
RIYADH (Reuters Breakingviews) - Mohammed bin Salman, Saudi Arabia's crown prince, wants to build utopia from scratch. This week he unveiled his vision for NEOM, a shining city on the Red Sea where entrepreneurs will draft the rules and robots outnumber people. One day, the imagined metropolis may even become a publicly traded company.
RIYADH (Reuters Breakingviews) - It's a big week for Saudi Arabia’s Crown Prince Mohammed bin Salman. For the first time since his elevation as heir to the kingdom, he will play host to a Davos-like gathering of the global investing elite. Heavyweights from SoftBank's Masayoshi Son to U.S. Treasury Secretary Steven Mnuchin are rolling into Riyadh to see at first hand his plans to make the city a regional financial powerhouse. Hanging over the affairs will be the up-in-the-air status of the biggest deal in capital-markets history.
NEW YORK (Reuters Breakingviews) - The NYU marketing guru swung by Times Square to discuss what's next for "The Four" tech behemoths - Google, Apple, Amazon and Facebook. Among his predictions: one of them will be hit with a $10 bln-plus antitrust fine and Amazon will choose New York for its second headquarters.