Peltz May Have Won After All: DealBook Briefing
• Michael Wolff asserts of the deal, “Even when directly told
that the White House didn’t like it, and that senior Trump officials were saying it was going down, AT&T put its fingers in its collective ears.” (Hollywood Reporter)
• Matt Stoller of the Open Markets Institute writes, “Both Democrats
and Republicans have to be careful not to open the door to an equally dangerous prospect — of dangerous monopolists wielding flimsy or even untrue political threats to justify their concentrations of power.” (WaPo)
Multiple factors have shifted after the Senate included a repeal of the individual insurance mandate in the latest version of its tax bill.
In his radio interview, Mr. Jones said called that “laughable and ridiculous.”
Extra credit: Dom Cosentino of Deadspin takes a look at how the Cowboys owner became the league’s “shadow commissioner.”
• The Morgan Stanley analyst Brian Nowak asserted this week that Jeff Bezos’s behemoth could eventually have a market capitalization of $1 trillion.
A recap of why tech companies were worried:
Some start-up employees could owe big tax bills without being able to pay, since privately held companies’ shares are generally harder to sell.
