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President Donald Trump told White House reporters on Tuesday that AT&T’s proposed acquisition of Time Warner is “not good for the country.”
Elsewhere in the telecom world, the FCC just released its plan to repeal Obama’s internet neutrality rules. The final draft of the closely watched plan would let internet providers block apps and create fast lanes – read the full plan.
Meanwhile on Wall Street, Tourbillon Capital, a $3.4 billion hedge fund firm led by Jason Karp, is suffering, according to a note to investors seen by Business Insider.
In other news:
- Here’s how to make a killing in the market this Black Friday, according to Goldman Sachs.
- A new analysis shows the Senate GOP tax bill fails a key test that would prevent it from passing.
- One Wall Street analyst just doubled his bitcoin forecast to $11,500.
- COWEN: Amazon’s move into pharma isn’t as big of a deal as everyone thinks
Lastly, the here’s how to pick the perfect wines for the holiday season.