A Federal judge has denied AT&T's request to disclose communications between Justice Department officials and the White House. That judge is handling the Justice Department's lawsuit to block AT&T's $85 billion purchase of Time Warner.
Tuesday's ruling is a blow to AT&T's attempt to show that the lawsuit to block the deal is politically motivated by President Trump's dislike for CNN, which Time Warner owns.
Albertsons is buying a big portion of Rite Aid to create a company worth $24 Billion. Shares of Rite Aid soared as much as 8 percent on the news. This acquisition comes as many retailers join forces to compete with Amazon, which is involved in nearly every industry from retail, to grocery, and now even healthcare.
Marijuana advocates are awaiting a federal judge's decision on its challenge against federal marijuana laws. Five plaintiffs filed a lawsuit against the DEA and Attorney General Jeff Sessions. It challenges the listing of marijuana as a schedule I drug, which classifies the drug as having no medical use and it cannot be legally prescribed. Jose Belen, U.S. Army combat veteran and one of the plaintiffs on this case, and attorney Joseph Bondy explain why they were inspired to fight for this cause.
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!
