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The leading Democrat on the House Intelligence Committee, Representative Adam Schiff said former Trump lawyer Michael Cohen’s testimony confirms that the President and his business are compromised. Veuer’s Sam Berman has the full story.

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This could result in one of the largest purchases in entertainment history.
According to Reuters, shareholders of 21st Century Fox Inc and Walt Disney Co approved of Disney’s $71 Billion purchase of Fox’s Film and Television assets.
The approval comes as media companies attempt to compete with the likes of Netflix Inc and Amazon.com.
Disney still needs approval from more than a dozen countries before it can officially close the deal.

This could result in one of the largest purchases in entertainment history.
According to Reuters, shareholders of 21st Century Fox Inc and Walt Disney Co approved of Disney’s $71 Billion purchase of Fox’s Film and Television assets.
The approval comes as media companies attempt to compete with the likes of Netflix Inc and Amazon.com.
Disney still needs approval from more than a dozen countries before it can officially close the deal.

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Promising Billions to Amazon: Is It a Good Deal for Cities?
Alicia Glen, the city’s deputy mayor for housing and economic development, said Amazon would probably get hardly any tax breaks
if it chose to locate its second headquarters in Midtown or Lower Manhattan, the city’s two traditional business centers.
“Nobody wants to get involved in it, nobody wants to have to do this,
but we’re in a competitive environment,” said Dennis M. Davin, secretary of community and economic development for Pennsylvania, where two cities — Philadelphia and Pittsburgh — are among the 20 finalists for the Amazon project.
Alluding to Amazon’s chief executive, Jeff Bezos, she added, “Why should the richest man in the history of the world get money to open his business?”
Indeed, tax incentives tend to flow overwhelmingly to big, established companies, rather than to the local start-ups
that research has shown are a more significant source of job growth.
But she said it was frustrating to watch local governments — three of the 20 finalists for the Amazon
project are in the Washington area — roll out the red carpet for a multibillion-dollar corporation.
Megan Randall, a researcher at the Urban Institute who studies economic development policy, said companies cared most about a talented work force, which requires good schools
and colleges, and amenities like affordable housing, parks and public transit that make a place desirable.
When New Jersey announced a $7 billion package of tax incentives to try to lure Amazon’s second headquarters to
Newark, local officials saw a chance to jump-start a city that has long struggled with poverty and joblessness.

a philidelphia tax on sweetened drinks is bringing in huge revenues for the city. According to CBS news, the city’s sweetened-beverage tax raised $5.7 million in January, more than double what city officials had projected. The 1.5 cent-per-ounce tax on sweetened and diet beverages pays for nearly 2,000 pre-kindergarten slots as well as other programs. Other U.S. cities also are moving to tax sugary drinks, including San Francisco, Oakland and Albany, California; Seattle; and Boulder, Colorado.