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.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
