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Bloomberg
Comcast Corp. overwhelmed 21st Century Fox Inc. in a bidding war for Sky Plc, offering $39 billion in a bold strategic stroke that could make investors uneasy. In an unusual one-day auction, Comcast bid about 10 percent more than Fox on Saturday, all
Comcast Triumphs Over Rupert Murdoch's 21st Century Fox In $40B
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Bloomberg
Comcast Corp. made a knockout $39 billion bid for Sky Plc, putting the U.S. cable giant in line to acquire Europe's largest satellite broadcaster after a monthslong battle with 21st Century Fox Inc. Comcast's final offer of 17.28 pounds a share
Comcast Triumphs Over Rupert Murdoch's 21st Century Fox In $40B Sky Deal — U
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 Lawyers for Dr. Christine Blasey Ford, the college professor who has accused Supreme Court nominee Brett Kavanaugh of a sexual assault when they were in high school, told Senate Judiciary Committee staff on Saturday that Ford "accepts" the request to give information to the panel next week about the alleged incident. Other details for any appearance and its specific day and time still need to be worked out. The response from the lawyers said that "many aspects" of an earlier proposal by the Judiciary panel, chaired by Iowa Republican Chuck Grassley, were "fundamentally inconsistent with the Committee's promise of a fair, impartial investigation into her allegations." They also wrote that while "we are disappointed with the leaks and the bullying that have tainted the process, we are hopeful that we can reach agreement on details," according to the Wall Street Journal. The panel had proposed holding a hearing next Wednesday in which it would hear testimony from both Kavanaugh and Ford. Kavanaugh has denied the sexual assault allegation. The office of Utah Republican Sen. Orrin Hatch tweeted, "Worth noting that this is exactly where we were on Monday morning- without agreeing to a date, time, and terms we are no closer to hearing from Dr Ford then we were when her lawyers said Dr. Ford was willing to testify during their media tour 6 days ago."
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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These two high-yield midstream players are both well run, but all things considered, I'd err on the side of safety today.
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According to the fifth Annual Teacher Shopping Survey from Agile Education Marketing and SheerID, in 2018 teachers spent an average of $652 of their own money on classroom supplies. This was up 39 percent from 2017 and was the highest amount since the survey started in 2013.
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Income investors interested in the tech sector should consider a telecom company, a well-known tech giant, and a wireless tower operator.
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The resident of California, Oregon, North Carolina, Florida, Washington, and Arizona will vote on ballot measures this November that, if approved, would make it more difficult for state and local lawmakers to enact future tax increases.
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This week's Apple Loop includes the first reviews of the iPhone XS and XS Max, the differences between the old iPhone X and the new handsets, Apple's sneaky price rises, tips and tricks for iOS 12, the not so nice Apple Watch, MacBook stock levels, and memories of Apple's Infinite Loop.
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Avon Products Inc. shares jumped 4.2% in early Friday trading after the beauty company guided for low-single digit revenue growth, low double-digit margins, and $400 million in cost savings by 2021. The announcement is part of Avon's investor day, in which the company said it has a strategy to reboot the company that includes a focus on recruiting and retaining sales talent and refreshing the brand. Avon will generate cost savings from manufacturing optimization, rationalizing distribution, a revamp of job functions and facilities, and revenue management. The company plans to make about $300 million in investments into things like new categories and marketing, training, and digital tools. Avon shares have rallied 16.3% for the year so far while the S&P 500 index has gained nearly 10% for the period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 The midstream MLP has delivered incredible growth over the past few years and it has plenty of fuel left in the tank.
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IN THE annals of modern American economic policymaking, among the most revered pieces of legislation is the Tax Reform Act of 1986. During the three decades since its passage, Democrats and Republicans alike have hailed the law not only for overhauling the country''s tax system, which Jimmy Carter famously called 'a disgrace to the human race', but also for doing so with bipartisan support in both houses of Congress. As Republicans embark on yet another sweeping rewrite of the tax code, many point to the 1986 effort as a model to emulate. It was 'really something special', Donald Trump said in August. However, admirers of America''s last comprehensive revision of its tax code should be disappointed with the GOP''s current attempts.The bill that passed in 1986 took a long, arduous path to President Ronald Reagan''s desk. Originating out of a three-volume report by the Treasury department, it faced numerous brushes with death, and took more than two years to wind its way through Congress. The process included full committee hearings, markups and deliberations. The final bill eliminated many deductions, credits and exemptions that favoured some taxpayers over others. This generated new revenues, which were then used to reduce tax rates, mainly for low and middle-income individuals. The bill did ...
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