Trump administration skeptical of Netflix and Warner Bros. deal

Trump administration skeptical of Netflix and Warner Bros. deal

The Trump administration views the proposed $72 billion deal for Netflix to acquire Warner Bros. Discovery‘s film and streaming assets with “heavy skepticism,” a senior administration official told CNBC’s Eamon Javers on Friday morning. Netflix said Friday that it would acquire Warner Bros.’s film studio and streaming service, HBO Max. Paramount Skydance had made multiple…

Read More
Supreme Court revives pro-Republican Texas voting map

Supreme Court revives pro-Republican Texas voting map

The U.S. Supreme Court revived on Thursday a redrawn Texas electoral map designed to add more Republicans to the U.S. House of Representatives, boosting President Donald Trump’s quest for his party to keep control of Congress in the 2026 midterm elections. The justices granted a request by Texas officials to lift a lower court’s ruling that had blocked the state from using the Trump-backed map, which could…

Read More
Jobs drop due to shutdown, deportations, not tariffs: Lutnick

Jobs drop due to shutdown, deportations, not tariffs: Lutnick

Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass…

Read More
Trump pardons Texas Democratic Rep. Cuellar in bribery and conspiracy case

Trump pardons Texas Democratic Rep. Cuellar in bribery and conspiracy case

Rep. Henry Cuellar, D-Texas, is seen after a meeting of the House Democratic Caucus in the U.S. Capitol on Wednesday, June 8, 2022. Tom Williams | Cq-roll Call, Inc. | Getty Images President Donald Trump pardoned Texas Democratic Rep. Henry Cuellar and his wife in a federal bribery and conspiracy case on Wednesday, citing what he called a “weaponized” justice system….

Read More