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☆ Media mogul Michael Bloomberg looking to buy Dow Jones or Washington Post- Axios
  + stars: | 2022-12-23 | by ( ) www.reuters.com   time to read: +2 min
Dec 23 (Reuters) - Billionaire Michael Bloomberg, the owner of Bloomberg L.P., is interested in acquiring either Wall Street Journal parent Dow Jones or the Washington Post, news website Axios reported on Friday, citing an unnamed source familiar with the matter. According to the Axios report, Bloomberg sees News Corp-owned (NWSA.O) Dow Jones, also the publisher of Barron's and MarketWatch, as the ideal fit but would buy the Post if Amazon.com Inc (AMZN.O) founder Jeff Bezos was interested in selling. Bloomberg L.P., the Washington Post and Dow Jones did not immediately respond to Reuters' requests for comment. In October, Rupert Murdoch had started a process that could reunite his media empire, News Corp and Fox Corp (FOXA.O), nearly a decade after the companies split. Reuters competes with Bloomberg News, a unit of Bloomberg L.P., as a provider of financial news.
☆ Media mogul Bloomberg eyes Dow Jones or Washington Post acquisition, no talks yet
  + stars: | 2022-12-23 | by ( ) www.reuters.com   time to read: +3 min
According to the Axios report, Bloomberg sees News Corp-owned (NWSA.O) Dow Jones, also the publisher of Barron's and MarketWatch, as the ideal fit but would buy the Post if Amazon.com Inc (AMZN.O) founder Jeff Bezos was interested in selling. Bloomberg L.P., the Washington Post and Dow Jones did not immediately respond to Reuters' requests for comment. "The transaction would be challenged only if the resulting choices leave insufficient competition in the market for either users or suppliers. In October, Rupert Murdoch had started a process that could reunite his media empire, News Corp and Fox Corp (FOXA.O), nearly a decade after the companies split. Reuters competes with Bloomberg News, a unit of Bloomberg L.P., as a provider of financial news.
☆ Bloomberg owner eyes Wall Street Journal or Washington Post acquisition -report
  + stars: | 2022-12-23 | by ( Dawn Chmielewski Greg Roumeliotis Anirban Sen | Dawn Chmielewski | Greg Roumeliotis | ) www.reuters.com   time to read: +5 min
A spokesperson for the Washington Post, which Bezos bought in 2013 for $250 million, said it is not for sale. "A Bloomberg acquisition of the (Post) is not necessarily just a business decision. According to Axios, Bloomberg sees Dow Jones, also the publisher of Barron's and MarketWatch, as the ideal fit but would buy the Post if Bezos was interested in selling. Dow Jones did not immediately respond to Reuters' request for comment. Reuters competes with Dow Jones and Bloomberg News, a unit of Bloomberg L.P., a provider of financial news.
☆ Abandoning rational energy policy in favor of environmental policy is an economic risk, says Jason Trennert
  + stars: | 2022-12-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAbandoning rational energy policy in favor of environmental policy is an economic risk, says Jason TrennertJason Trennert, chairman and CEO of Strategas Research Partners, a Baird company, joins CNBC's 'Squawk Box' to discuss his market outlook ahead of the open.
☆ Ron DeSantis outflanks Trump on the right with his call for Covid vaccine probe
  + stars: | 2022-12-13 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com   time to read: +6 min
Ron DeSantis was positioning himself to get to the right of the former president over the issue of Covid vaccines. DeSantis, who is mulling whether to challenge Trump in the 2024 Republican primary for president, deepened those suspicions Tuesday. That’s his record,” said Roger Stone, a longtime adviser to Trump and an outspoken critic of DeSantis. The poll also showed DeSantis ahead of President Joe Biden in a theoretical general election matchup by 47%-43%, but Biden topped Trump 47%-40%. “So the only option for DeSantis to pose a challenge to Trump is to attack him on the vaccine.
☆ Watch CNBC's full interview with Strategas' Jason Trennart on recession chances
  + stars: | 2022-12-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Strategas' Jason Trennart on recession chancesJason Trennert, chairman and CEO of Strategas Research Partners, a Baird company, joins CNBC's 'Squawk Box' to discuss his recession outlook and recent comments from Treasury Sec. Janet Yellen.
☆ Investors should get defensive with higher levels of cash than normal, says Jason Trennart
  + stars: | 2022-12-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should get defensive with higher levels of cash than normal, says Jason TrennartJason Trennert, chairman and CEO of Strategas Research Partners, a Baird company, joins CNBC's 'Squawk Box' to discuss his recession outlook and recent comments from Treasury Sec. Janet Yellen.
☆ China will eventually have to find a compromise on zero-Covid, says Jason Trennert
  + stars: | 2022-11-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina will eventually have to find a compromise on zero-Covid, says Jason TrennertJason Trennert, chairman and CEO of Strategas Research Partners, a Baird company, joins CNBC's 'Squawk Box' to break down his market outlook ahead of the open.
☆ Activist investor asks News Corp to spin off unit instead of merger with Fox
  + stars: | 2022-11-21 | by ( ) www.reuters.com   time to read: +2 min
Nov 21 (Reuters) - Activist investor Irenic Capital Management, which holds 2% of News Corp's (NWSA.O) Class B shares, has suggested a spin-off of the media company's digital real estate business or Dow Jones as an alternative to its merger with Fox Corp (FOXA.O). Shares of News Corp, which has a market value of $10.34 billion, were down 1.7% in morning trade. "Putting the two (News Corp and Fox) together makes no sense to us." In October, media mogul Rupert Murdoch proposed to reunite his media empire by combining News Corp and Fox Corp nearly a decade after the companies split. "The problem is they did not go far enough after they separated out News Corp in 2013," Huber added.
☆ Amazon is gutting its voice-assistant Alexa. Once founder Jeff Bezos's pet project it's now the primary target of historic layoffs.
  + stars: | 2022-11-19 | by ( Eugene Kim | ) www.businessinsider.com   time to read: +11 min
Amazon's Alexa and the devices team at large is now the prime target of the biggest layoffs in the company's history, according to press reports and an internal email seen by Insider. Instead, Amazon wanted shoppers to buy more things through Echo devices by placing orders through the voice-assistant. Reports of Alexa mistakenly sending voice recordings to the wrong person or Amazon employees secretly listening to private conversations stoked fear of privacy concerns. But even so, its financial contribution often fell short of expectations, more than half a dozen employees told Insider. Employees told Insider the product is Bezos's latest pet project.
☆ The longer inflation sticks around, the more difficult it is to fight, says Jason Trennert
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe longer inflation sticks around, the more difficult it is to fight, says Jason TrennertJason Trennert, chairman and CEO of Strategas Research Partners, a Baird company, joins CNBC's 'Squawk Box' to discuss his market outlook ahead of the midterm elections.
☆ I would not be surprised if 10-year Treasury yields move higher, says Strategas CEO Jason Trennert
  + stars: | 2022-10-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI would not be surprised if 10-year Treasury yields move higher, says Strategas CEO Jason TrennertJason Trennert, chairman and CEO of Strategas Research Partners, a Baird company, joins CNBC's 'Squawk Box' to break down how investors can position their portfolios amid high market volatility.
☆ Watch CNBC's full interview with Strategas CEO Jason Trennert
  + stars: | 2022-10-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Strategas CEO Jason TrennertJason Trennert, chairman and CEO of Strategas Research Partners, a Baird company, joins CNBC's 'Squawk Box' to break down how investors can position their portfolios amid high market volatility. Trennert explains why he would not be surprised if 10-year Treasury yields move higher and react to the latest batch of corporate earnings.
☆ Economic worries loom over U.S. airline earnings
  + stars: | 2022-10-12 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +4 min
Travel demand tends to cool after Labor Day, which marks the unofficial end of the U.S. summer season. Britain's biggest airport, Heathrow, on Tuesday warned of a possible slowdown in travel demand this winter. As companies call their employees back to office, business travel demand has received a boost. Prior to the pandemic, business travel accounted for up to 50% of the U.S airline industry's passenger revenue, according to trade group Airlines for America. "We're looking at business travel," Christopher Raite, senior analyst at Third Bridge, said.
☆ Investors should assume there will be a recession in 2023, says Strategas CEO Jason Trennert
  + stars: | 2022-09-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should assume there will be a recession in 2023, says Strategas CEO Jason TrennertJason Trennert, chairman and CEO of Strategas Research Partners, joins CNBC's 'Squawk Box' to break down his market forecast and explains why he believes there will be a recession in 2023.
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