AT&T CEO: Time Warner Deal Would ‘Disrupt’ Cable TV Model @FoxBusiness
http://www.foxbusiness.com/markets/2016/12/07/at-t-ceo-time-warner-deal-would-disrupt-cable-tv-model.html
U.K.’s Risky Current-Account Deficit Isn’t as Big as Was Thought
https://www.bloomberg.com/news/articles/2016-12-06/u-k-s-risky-current-account-deficit-isn-t-as-big-as-was-thought
As we said, next up pay toilets on airlines!
Source: http://www.telegraph.co.uk/travel/news/us-airline-to-charge-passengers-to-use-overhead-bins/
Banks, Retailers Take Swipes at Each Other Over Dodd-Frank Fees
https://www.bloomberg.com/news/articles/2016-12-06/banks-retailers-take-swipes-at-each-other-over-dodd-frank-fees
CHART OF THE DAY- NEXT UP : PAY TOILETS ON AIRLINES
TOP 10 | The airlines that earn most from extra charges United – $6,199,000,000 (£4.8bn) American – $4,718,000,000 (£3.6bn) Delta – $3,775,102,000 (£2.9bn) Air France/KLM – $2,165,996,840 (£1.66bn) Southwest – $2,118,600,000 (£1.63bn) Ryanair – $1,738,783,339 (£1.3bn) Lufthansa Group – $1,493,634,397 (£1.15bn) easyJet – £1,465,956,723 (£1.09bn) Qantas – $1,167,168,403 (£900m) Alaska Air – $1,092,000,000 (£840m) Source:…
These Are the Most Instagrammed Luxury Hotels of 2016
https://www.bloomberg.com/news/articles/2016-12-05/the-most-instagrammed-luxury-hotels-of-2016
NFL Players Start a Venture Firm Using Tom Brady as Capital
https://www.bloomberg.com/news/articles/2016-12-06/nfl-players-start-a-venture-firm-using-tom-brady-as-capital
President-Elect Trump Named Time’s Person of the Year @FoxBusiness
http://www.foxbusiness.com/markets/2016/12/07/president-elect-trump-named-times-person-year.html
Banks Lead Stock Rally as Bonds Gain With Hopes Pinned on Draghi
https://www.bloomberg.com/news/articles/2016-12-06/stock-rally-extends-into-asia-as-traders-await-rbi-aussie-gdp
The Closing Look
Stocks edged higher on Tuesday helping the Dow Jones Industrial Average hit a fresh record high in quiet trade. Economic data was relatively quiet. The Labor Department said U.S. productivity rose at an annualized rate of +3.1% in Q3. The U.S. trade deficit widened to $42.6 billion and October factory orders, rose 2.7 percent, matching estimates. Gary’s…