From New York, the greatest city in the world, it's The Update with Brandon Julien! There's a popular phrase that likes to get thrown around on Wall Street: Merger Monday. Now that AT&T and Time Warner can proceed with their merger, the game is about to change once again.
Some stories talked about on tonight's show were:
1. Comcast made a $65 billion bid Wednesday for Fox's entertainment businesses, setting up a battle with Disney to become the next mega-media company.
2. Michael Cohen, President Donald Trump's personal lawyer, is searching for a new legal team to represent him in an FBI investigation of his business dealings. A person familiar with the matter told The Associated Press Cohen's current legal team plans to stop handling the case.
3. A New York City candy factory that was devastated by Superstorm Sandy has finally reopened for business. The Madelaine Chocolate Company located along Rockaway Beach in Queens had been one of the biggest employers in the borough.