President Donald Trump’s budget request for fiscal year 2018 was not well received by many congressional Republicans. Even with its proposed hike in defense spending, Senate Armed Services Committee Chairman John McCain (R-Ariz.) said Trump’s budget could not pass the GOP-controlled Senate.
An advocacy group purchased ads to run on MSNBC’s “Morning Joe” and and Fox’s “Fox and Friends” with the intent on catching President Donald Trump’s attention on behalf of American Airlines Group Inc., Delta Air Lines Inc. and United Continental Holdings Inc. and several flight attendant and pilot unions.
The European Commission gave its approval of AT&T Inc.’s proposed $85 billion takeover of Time Warner Inc. The commission said the merger would not raise antitrust concerns because the companies’ activities do not overlap within the European Union.
Exxon Mobil Corp. defended former CEO Rex Tillerson, now the secretary of State, after news that he used an alias email to discuss major issues, including climate change. The company said it was to prioritize the emails, not to keep them secret.
The Financial Industry Regulatory Authority spent $670,000 on lobbying efforts last year, a decrease of $150,000 compared with 2015 and its lowest amount in four years.
The complicated party politics surrounding repealing and replacing Obamacare presents an essential test of the alliance between President Trump and Speaker Paul Ryan (R-Wis.).
President Donald Trump’s budget proposal for fiscal 2018 calls for a hike in spending on defense and security paid for by large cuts elsewhere, including to the State Department and the Environmental Protection Agency.
Ahead of television’s upfronts, Turner, Viacom and Fox Networks Group announced their OpenAP initiative, which will allow advertisers to further pinpoint audiences and specify their reach.
President Donald Trump’s budget request proposes $1.5 billion for the Department of Homeland Security to defend critical infrastructure and federal computer networks from cyberattacks. The White House also called for greater collaboration between public and private partners on cybersecurity.
President Donald Trump’s budget blueprint would cut the Environmental Protection Agency’s funding by 31 percent.