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Donald Trump’s two biggest during his election were a border wall which Mexico would pay for and the immediate repeal and replacement of the Affordable Care Act. And while Trump has pushed for both, neither seems likely to happen anytime soon. The wall hasn’t been approved by lawmakers, but Trump and Customs and Border Patrol have started accepting bids to build it. Trumpcare, on the other hand, isn’t looking nearly as healthy. Is Trump losing his already tenuous grip on the majority party?
Read The Capitalist’s Take Here
Read More at NY Times
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DISNEY INKS IGER TO JULY 2019
As many expected, Robert Iger will stay on a while longer as Disney’s CEO and Chairman. The Walt Disney Company board said Thursday that it had extended Iger’s contract to July 2, 2019. The board cited Iger’s “outstanding leadership, his record of success in a changing media landscape, and his clear strategic vision for Disney’s future.” Iger, who is 66, had previously set a target departure date of 2018; his previous contract ran into mid-2018. But last April, one of the leading candidates to succeed Iger, Disney COO Thomas Staggs, stepped down.
Read More at USA Today Here
Read More at The Street Here
Read More at LA Times Here
THERANOS FOUNDER TO GIVE UP SHARES TO INVESTORS WHO PLEDGE NOT TO SUE
Theranos Inc. plans to give additional shares to investors who pledge not to sue the battered blood-testing company or Elizabeth Holmes, its founder and chief executive, people familiar with the matter said. The deal includes investors who participated in Theranos’s latest funding rounds, which ended in 2015 and brought in more than $600 million. Those investors could get about two additional shares for each share they bought, one of the people said. The additional shares would come from Holmes’s personal stake in Theranos, some of the people said. That would result in her relinquishing her majority ownership of the closely held Palo Alto, Calif., company, some of the people said…
Read More at MarketWatch
Read More at TechCrunch Here
Read More at Wall Street Journal Here
Closing Bell
– Thursday, March 23rd
Markets Tick DOWN as Healthcare Vote Postponed
Big Insider Trades
– Vonage Holdings Corp. (VG) Director Jeffrey Citron Sells $2.65m
– Intrepid Potash, Inc. (IPI) Director Landis Martin Buys $3.75m
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