Jul 31, 2017

Charter says no to Sprint, but it's not over yet

Dan Primack

AP Photo/Jeff Roberson

Charter Communications said on Sunday night that it is not interested in acquiring Sprint Corp., despite interest in such a transaction by Sprint majority owner SoftBank Group.

Coming attractions: Charter's rejection is not necessarily the end of this mega M&A story. There are various reports that SoftBank is now prepping a straight takeover offer for Charter, which has a current market cap north of $100 billion. And, were that to fail, SoftBank always could take another stab at merging Sprint with rival carrier T-Mobile (which was blocked by Obama's FCC, but may get a more positive reception this time around).

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Rebecca Falconer

Joe Biden places second in Nevada caucuses, ahead of Pete Buttigieg

Democratic presidential candidate and former Vice President Joe Biden a Nevada Caucus watch party in Las Vegas on Saturday. Photo: Ronda Churchill/AFP via Getty Images

Former Vice President Joe Biden secured second place in the Nevada Democratic caucuses with former Southbend Mayor Pete Buttigieg third, according to NBC News projections Sunday.

Why it matters: It's a boost for Biden, who's widely tipped to be endorsed by House Majority Whip Jim Clyburn (D-S.C.) on Wednesday, ahead of this week's South Carolina primary.

Go deeperArrowUpdated 2 mins ago - Politics & Policy
Rebecca Falconer

Sanders reveals free childcare plan for preschoolers

Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign rally on Saturday in El Paso, Texas. Photo: Cengiz Yar/Getty Images

Democratic presidential candidate Sen. Bernie Sanders announced on CBS' "60 Minutes" Sunday a new plan to guarantee free child care and pre-kindergarten to all American children from infancy to age four.

Details: In the wide-ranging interview, Sanders told Anderson Cooper he planned to pay for universal childcare with a wealth tax. "It's taxes on billionaires," he said.

Go deeperArrow3 hours ago - Politics & Policy
Jonathan Swan

Exclusive: Trump's "Deep State" hit list

Illustration: Aïda Amer/Axios. Photos: WPA Pool/Getty Pool, Drew Angerer/Getty Staff

The Trump White House and its allies, over the past 18 months, assembled detailed lists of disloyal government officials to oust — and trusted pro-Trump people to replace them — according to more than a dozen sources familiar with the effort who spoke to Axios.

Driving the news: By the time President Trump instructed his 29-year-old former body man and new head of presidential personnel to rid his government of anti-Trump officials, he'd gathered reams of material to support his suspicions.

Go deeperArrow4 hours ago - Politics & Policy