Good morning and welcome to street signs. Im Joumanna Bercetche and im Julianna Tatelbaum these are your headlines french lucxury brands after the response to the Digital Services tax basic resources underperform after President Trump reforms tariffs on brazil and argentina. The 70th anniversary of nato as tensions continue saying Member States must stand together im looking forward to the leaders meeting on wednesday because when there are differences, its even more important we sit down and address these facetoface as well do on wednesday. And the overhaul gets a warm welcome as italys largest lender puts 8,000 jobs and 500 branches on the chopping block a warm welcome to street signs. You can see the european luxury stock is under pressure following the double tariff threat washington is putting levees on french goods including handbags, cheese and champaign the move comes in response to the new Digital Services tax the u. S. Also says it may raise tariffs on a variety of goods afte
The tv industry suffers its steepest drop in ad sales since 2009. What that means for streaming. First, our top story, the challenge to tmobiles sprint merger took shape in a courtroom on monday. The combination of 13 states and the district of columbia suing to stop the deal. With the latest, jennifer was in the courtroom. Day one, what is your big take away . Jennifer it started with a surprise because the judge said, we are not going to have opening statements. I read enough in the pretrial memoranda, lets go straight to the witnesses. That was a big surprise, particularly for the lawyers who spent a lot of time preparing those. The judge is really intent on getting this done in two weeks. This was part of that, getting things moving quickly. We got right into the first witness, basically got through 2. 5 for the day. Overall, the witnesses were pretty good. They were better than i thought they would be for the companies. There were some bad documents introduced with the first witne
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