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Costco does right, AT&T does DEI dirty, robot dog poop, billionaire safety nets
Description
Story of the Week (DR):
Netflix to Buy Warner Bros. in $83 Billion Deal to Create a Streaming Giant
The deal to acquire the Hollywood giant’s television and film studios as well as HBO Max will bulk up the world’s biggest paid streaming service.
The acquisition is expected to close after Warner Bros. Discovery carves out its cable unit, which the companies expected be completed by the third quarter of 2026. That means there will be a separate public company controlling channels like CNN, TNT and Discovery.
Trump administration views Netflix and Warner Bros. deal with ‘heavy skepticism,’ senior official says
The New York Post on Thursday reported that, “Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington DC on Wednesday to press his case against Warner Bros. Discovery’s potential selection of Netflix as its merger partner.”
Costco is poking the Trump bear MM
Big public companies have mostly treated President Donald Trump with kid gloves during his second term. They’ve quietly avoided conflict while seeking favor with ornate gifts, large donations to his pet projects and strategic deployments of CEOs to the Oval Office.
That’s what made Costco’s decision last week to sue the Trump administration so shocking.
Costco filed a lawsuit that contends Trump overstepped his emergency powers by imposing sweeping tariffs – and claimed the company is due a refund.
Biden commerce secretary to join Costco board as company sues over Trump's tariffs
Costco board now 50/50
Gina Raimondo led the agency responsible for crafting U.S. trade policy during all four years of Democrat Joe Biden's presidency.
Rhodes Scholar Raimondo led Biden’s Commerce Department; former governor of Rhode Island (2015-2021)
AT&T Commits to Drop DEI Programs and Goals
In the letter, AT&T makes a series of commitments, including stating that:
“AT&T does not and will not have any roles focused on DEI”
“we removed training related to “diversity, equity and inclusion” as well as any references to it fro