The Wall Street Journal: AT&T defends Time Warner-merger ruling from Justice Department’s appeal

The Wall Street Journal: AT&T defends Time Warner-merger ruling from Justice Department’s appeal
WASHINGTON — AT&T Inc. on Thursday defended a court ruling that allowed it to buy Time Warner, arguing that both the law and current industry realities showed the acquisition wouldn’t harm competition. The telecom giant made its case for the deal in a 59-page brief filed with a Washington, D.C., federal appeals court, which is considering the Justice Department’s ongoing... Read More

CryptoWatch: Is the piecemeal approach to crypto oversight creating regulatory arbitrage?

CryptoWatch: Is the piecemeal approach to crypto oversight creating regulatory arbitrage?
The raft of bodies weighing in on the opaque and at-times contentious territory of digital-currency oversight could be leading to regulation arbitrage, where companies use loopholes to create favorable regulatory rulings. Over the past 10 days, two New York bodies — the Attorney General’s office and the Department of Financial Services (DFS) — have separately weighed in with comments and... Read More

The Wall Street Journal: Bolton confirms U.S. rules on use of cyber weapons has been relaxed

The Wall Street Journal: Bolton confirms U.S. rules on use of cyber weapons has been relaxed
The White House said Thursday it had rescinded a classified Obama-era memorandum dictating when the U.S. government can deploy cyber weaponry against its adversaries, acknowledging the move for the first time. John Bolton, President Donald Trump’s national security adviser, confirmed during a press briefing that the old rules had been replaced by new classified guidance intended to empower the Defense... Read More

The Wall Street Journal: Poll finds less support for Kavanaugh, especially among women

The Wall Street Journal: Poll finds less support for Kavanaugh, especially among women
The Supreme Court nomination of Brett Kavanaugh faces mounting opposition from voters and has turned into the most polarized judicial battle in more than a decade, a new Wall Street Journal/NBC News poll has found. Kavanaugh, who is embroiled in a controversy over sexual-assault allegations, faces more opposition from women than men. He is also the first court nominee in... Read More

NewsWatch: The Dow logged its first record since January, powered by a surge in Apple’s stock

NewsWatch: The Dow logged its first record since January, powered by a surge in Apple’s stock
MARKETWATCH FRONT PAGE The Dow Jones Industrial Average marks its first intraday all-time high since January, the resumption of a record run for the blue-chip index that had taken a nearly eight-month pause. See full story. Micron stock gains as earnings deflect doubts about memory market Micron Technology Inc. shares rose in the extended session Thursday after the memory chip... Read More

Market Extra: The Dow logged its first record since January, powered by a surge in Apple’s stock

Market Extra: The Dow logged its first record since January, powered by a surge in Apple’s stock
The Dow Jones Industrial Average just marked its first intraday all-time high since January, the resumption of a record run for the blue-chip index that had taken a nearly eight-month pause. The Dow DJIA, +0.95%  on Thursday closed at about 26,657, surging past its Jan. 26 intraday record at 26,616.71 and ending the benchmark’s longest record-setting fallow period—164 trading days—since... Read More

Commodities Corner: U.S. oil sanctions on Iran threaten global supplies, but a demand slowdown poses a real risk

Commodities Corner: U.S. oil sanctions on Iran threaten global supplies, but a demand slowdown poses a real risk
By Markets/commodities reporter There are still several weeks before U.S. sanctions on Iranian oil actually kick in, but expectations of tight crude inventories already have contributed to much of this year’s gain in global prices. The rise has come despite concerns over potentially lower energy demand and plans by two of the world’s biggest producers to boost output. “The markets... Read More

The Wall Street Journal: Amazon to offer Alexa-enabled chip to electronics manufacturers

The Wall Street Journal: Amazon to offer Alexa-enabled chip to electronics manufacturers
SEATTLE — In a bid to control the smart home of the future, Amazon.com Inc. is offering makers of electronics a small chip that would let people use their voice to command everything from microwaves and coffee machines to room fans and guitar amplifiers. The online retail giant is hoping big manufacturers will sign up to incorporate the Alexa-enabled chips... Read More