The next shoe to drop is going to be a request to judge McCormick. Trials set to go October 17th and Judge McCormick noted yesterday that nobody has yet asked for a stay. They're going to file a request to put it on hold so that they can have time to do the finalization they need to do. When that's done, you're going to have a stipulation of dismissal and the Twitter suit will go away and the deal will close.
Bloomberg News Legal Reporter Jef Feeley explains that talks between Elon Musk and Twitter to reach a resolution of the $44 billion takeover are stuck in part over Musk’s statement that his offer is now contingent on receiving $13 billion in debt financing. Bloomberg News Wall Street Reporter Sonali Basak discusses Credit Suisse trying to bring in an outside investor to inject money into a spinoff of its advisory and investment banking businesses. Ge Bai, Professor of Health Policy and Management at the Johns Hopkins Bloomberg School of Public Health, talks about providing assistance for underinsured healthcare patients. Bloomberg Businessweek Editor Joel Weber and Businessweek Columnist Max Chafkin have the details of Max's Businessweek cover story Self-Driving Cars Are Starting to Look Like a $100 Billion Bust. Bloomberg News U.S. Economy Reporter Reade Pickert explains how the Fed has a poor record forecasting joblessness around downturns. And we Drive to the Close with Jessica Bemer, Portfolio Manager at Easterly Investment Partners. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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