Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Jun 10, 2018 - Economy & Business

AT&T-Time Warner merger ruling expected this week

Khorri Atkinson

AT&T’s office signage and logo outside its New York City office. Photo: Roberto Machado Noa/LightRocket via Getty Images

Judge Richard J. Leon is expected to decide on Tuesday the fate of the Justice Department’s bid to block AT&T's proposed $85 billion merger with Time Warner, reports The New York Times.

Why it matters: This is one of the most prominent antitrust cases in decades — and it could usher in a slew of mergers and acquisitions if approved. If Leon blocks the plan, other huge pending deals — like Sprint's proposed merger with T-Mobile and the Disney-Fox deal — could be in jeopardy or face radical restructuring.

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Ben Geman, author of Generate

2 hours ago - Politics & Policy

Biden to sign major climate orders, setting up clash with oil industry

Illustration: Aïda Amer/Axios

President Biden will sign new executive actions today that provide the clearest signs yet of his climate plans — elevating the issue to a national security priority and kicking off an intense battle with the oil industry.

Driving the news: One move will freeze issuance of new oil-and-gas leases on public lands and waters "to the extent possible," per a White House summary.

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Kia Kokalitcheva

6 hours ago - Economy & Business

The rebellion against Silicon Valley (the place)

Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty Images

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it.

Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues.

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Erica Pandey, author of @Work

6 hours ago - Economy & Business

Telework's tax mess

Illustration: Annelise Capossela/Axios

As teleworkers flit from city to city, they're creating a huge tax mess.

Why it matters: Our tax laws aren't built for telecommuting, and this new way of working could have dire implications for city and state budgets.

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