Tyler mathisen. Good to see you, bill. A block to the deal. The Justice Department will file a lawsuit to block at ts takeover of time warner. The move creates a major blow to the companies, who together would have create add media and telecom empire. When first reports surfaced, shares of time warner fell while at t finished the day higher, but the story is far from over. Julia boorstin has the report tonight. If the Justice Department is suing. Saying it would mean higher monthly television bills and fewer emerging innovative options. The department of justice has not gotten any state attorneys genera at t is planning to fight this suit. The general counsel and vp, saying the lawsuit is a radical and inexplicable departure from decades of precedent. Vertical mergers like this one is mutua approved, because they benefit consumers without removing any competitor from the market. Next um, at t and time warner will ask the court to schedule a hearing on the department of justices claims
Regional bank bb mpdbb t kelly will join us. Toll brothers, shares down 8 , and some provisions in the tax bill that could make it tough going for the housing sector well explain. By the way, tomorrow lululemon reports earnings that stock has been up 25 over the last six months. Big comeback there we have a debate on whether that rally can power higher into year end. But we start with the breaking news out of washington today. Plenty of it, again. Kayla tausche has details fo kayla . Reporter bill, we learned nearly 40 House Republicans signed on to a letter drafted to be sent tomorrow to republican leadership, including the Senate Majority leader Mitch Mcconnell and Speaker Paul Ryan as well as senator orrin hatch and congressman kevin brady that requests the removal of this first in first out provision its a controversial proposal that has remained in the Senate Version of the tax plan that essentially requires investors to sell older stock first. It would raise about 2. 5 billion ov
Visit to south korea u up a percent and closed for the holiday. Donald Trump Twitter account goes dark and company is blaming a rogue company. Fbn am starts right now. And it is awe 01 a. M. Friday november third, apple friday. Good morning im sharon. Im Lauren Simonetti thank you for joining us. Tgif breaking news of the morning that plan for the biggest tax overhaul more than 30 years it is out. House republicans introduce a temple bill which would lower the corporate rate and simplify the personal brackets for all of you. President trump tweeting last night great tax rollout today. The lobbyist and storming capitol hill but republicans will hold streeng do what is right for america. Adam shapiro is live in washington with what is this the bill. Reporter good morning now that details are out on tax reform, everyone is looking at whats going to happen in the shat. But some of the big things that were announced yesterday we expect to be part of the senate plan, and for instance income
Good afternoon, my name is Stephen Rodriguez and im a fellow at new American International Security Program and today im joined by scott hartley, author of the new book the fuzzy and the techie, and its interesting when scott and i have known each other a little while now and when he first approached me about this, i immediately thought of my freshman year in college and deciding on what i should major in and i love history and i love Political Science but i quickly thought you know, i want to be sure i get a job that doesnt involve academia or writing papers no one cares read about so i decided to meet the professional world halfway and major in business. But when i read this book and i talked to scott about it, it made sense because my career like many of yours as well can make a difference and inturn , i realized that now what i didnt know then is that in many ways the more liberal arts or even business has massive applicability to the technology world, even to innovation in general