NEW YORK (Reuters Breakingviews) - Sonic the Hedgehog got a dental makeover this week – Paramount Pictures redesigned its upcoming movie after fans freaked out about the spiny blue hero’s teeth. The merger between studio owner Viacom and its sister company CBS will be harder to fix.
NEW YORK (Reuters Breakingviews) - The Japanese firm is eyeing T-Mobile US CEO John Legere to take over leadership of WeWork. That is an additional twist in an already convoluted relationship. Legere is also trying to finalize a $26 bln deal with SoftBank’s Sprint, another asset in need of saving.
NEW YORK (Reuters Breakingviews) - McDonald’s has provided a map for other firms after ousting boss Steve Easterbrook over a consensual relationship with an employee. Elsewhere, Aramco’s IPO and Fiat Chrysler’s merger with Peugeot. Plus: Breaking Japan’s love of hard cash.
NEW YORK (Reuters Breakingviews) - McDonald’s is sticking to a basic formula. The $144 billion fast-food giant has ousted Chief Executive Steve Easterbrook for breaking company rules by having a consensual relationship with an employee. It’s a simple policy, and applied so clearly at the top it’s also a useful signal that worse behavior won’t be tolerated either.
NEW YORK (Reuters Breakingviews) - The $200 bln luxury conglomerate is making a $14.5 bln bid for Tiffany. The iconic brand known for putting its bling in blue boxes would be wise to accept the proposal. Plus: Venezuela’s leadership saga and a surreal debt drama collide. And: the world’s most expensive chocolate.
SAN FRANCISCO/NEW YORK (Reuters Breakingviews) - Tim Cook’s charm offensive is coming just at the right time. The Apple boss has Washington and even Beijing on his side, while Facebook’s Mark Zuckerberg can barely speak without annoying someone in power – and his company’s apps are blocked in China. Yet since D.C. pressure ratcheted up a year ago, Facebook’s stock has performed better.
NEW YORK (Reuters Breakingviews) - For two decades movie mogul Harvey Weinstein’s mistreatment of women was an open secret. So much so that blowing his cover became known as the “white whale” in certain journalistic circles. Exposing his lurid and allegedly criminal behavior proved a tough assignment, not just because of the courage required for victims to go on the record but because of legal agreements that muzzle them. Two new books about Weinstein's fall illustrate the insidious rule of so-called non-disclosure agreements, or NDAs.
NEW YORK (Reuters Breakingviews) - President Donald Trump is touting the latest Sino-American talks as a real win, especially for farmers. China agreed to buy more agricultural goods like soybeans, but big issues like intellectual-property theft are still up in the air. Plus: The pros and cons of direct listings.
SAN FRANCISCO/NEW YORK (Reuters Breakingviews) - There is an elegant solution to Facebook’s chronic problem with political ads: it could stop running them altogether.
NEW YORK (Reuters Breakingviews) - Workers downed tools over three weeks ago, despite last-minute concessions by the U.S. carmaker. Job-security fears are a sticking point. So is the union’s need to prove its worth after a kickbacks scandal. Plus: U.S. basketball plays smart defense on China’s Hong Kong backlash.