A Judge Who Can’t Be Vetted Shouldn’t Be Confirmed

The Kavanaugh hearings—such as they are—began on Wednesday to take on a shape that ordinary citizens can understand. When discussing the law, Judge Brett Kavanaugh has been an impressive witness. But anyone watching the hearings Wednesday morning could see the discomfort on Kavanaugh’s face when Senator Patrick Leahy asked him about his potential knowledge of the theft of Democratic committee emails a decade-and-a-half ago. From 2002 to 2003, the Republican aide Manuel Miranda, first working on the Senate Judiciary Committee and later in the majority leaders’ office, exploited a computer glitch to access confidential memos written by Senate Democrats on judicial nominees, leaking their contents to friendly media outlets. Senator… Read More

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The DOJ is reportedly close to approving 2 healthcare megamergers (CVS, AET, CI, ESRX)

The Department of Justice is getting close to approving two healthcare megamergers, The Wall Street Journal reported Wendesday. The mergers —one between pharmacy CVS Health and insurer Aetna, and the other between insurer Cigna and pharmacy-benefits manager Express Scripts — were announced at the end of 2017 and in March, respectively. Express Scripts was up as much as 4% on the report. Cigna, Aetna, and CVS were all up at least 1%. The mergers, which would redraw the lines around what defines healthcare companies had received additional scrutiny from the DOJ, which requested more information from both sets of companies. The Journal reports CVS and Aetna may be required to… Read More

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Uber says it’s ‘on track’ for IPO in 2019, with no plans to sell its self-driving car unit

Uber says it’s ‘on track’ for an IPO in 2019. Investors have expressed that they want Uber to sell its self-driving car unit, but CEO Dara Khosrowshahi says the company has no plans to do so. Uber’s incoming CFO had previously expressed skepticism about the likelihood of a 2019 IPO. NEW YORK (Reuters) – Uber Chief Executive Dara Khosrowshahi said on Wednesday the ride-hailing company was on track to launch an initial public offering next year and had no plans to sell its self-driving car research arm. Khosrowshahi told Reuters in an interview that the company was not planning to sell its Advanced Technologies Group, which develops the company’s self-driving… Read More

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South Korean Delegation Meets With Kim Jong-Un

Watch Video Representatives from North and South Korea met Wednesday in Pyongyang. The South Korean delegation delivered a letter from President Moon Jae-in to North Korean leader Kim Jong-un. The meeting comes as the two countries are trying to finalize details and set a date for an inter-Korean summit on nuclear diplomacy with the U.S. and North Korea. This could be a step in the right direction after President Donald Trump canceled Secretary of State Mike Pompeo’s visit to North Korea. Trump said he felt the U.S. was “not making sufficient progress with respect to the denuclearization of the Korean Peninsula.” President Moon has acted as a mediator between the… Read More

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