Mighty Mouse; Unions at Ryanair; Airbus shakeup

1. Mighty Mouse: Disney is spending $52 billion for most of 21st Century Fox, but there are still so...

Posted: Dec 15, 2017 2:24 PM
Updated: Dec 15, 2017 2:24 PM

1. Mighty Mouse: Disney is spending $52 billion for most of 21st Century Fox, but there are still some unanswered questions about the blockbuster deal.

What will regulators think? One issue is the sheer number of media properties the deal would bring together.

The U.S. Justice Department will consider to what extent the new company could dominate the market and use its increased leverage to force cable companies and other distributors to pay more to carry Disney and Fox content.

What will happen to James Murdoch? There had been some speculation that Rupert Murdoch's son James, currently CEO of 21st Century Fox, would move over to Disney in a senior role, possibly as successor to CEO Bob Iger. But in a conference call with investors, Iger said that no immediate plans had been developed.

And what about Fox's $15 billion deal for European pay TV provider Sky? That takeover was announced a year ago, but has suffered from a series of delays.

Disney says that Fox will work to push the deal through. Analysts say it might not be that simple.

2. Unions at Ryanair: The budget airline that built its business around minimal perks -- for customers and employees -- said Friday that it would recognize pilot labor unions for the first time.

Ryanair pilots in Ireland, Britain, Germany, Italy, Spain and Portugal will now have more power to bargain with the airline.

The move is designed to head off a strike by pilots during the crucial holiday travel period.

"Putting the needs of our customers first, and avoiding disruption to their Christmas flights, is the reason why we will now deal with our pilots through recognized national union structures," CEO Michael O'Leary said in a statement.

3. Speaking of planes: There's been a major leadership shakeup at Airbus, and current COO Fabrice Br-gier appears to have been left standing when the music stopped.

Airbus said in a statement that Br-gier, president of the company's commercial aircraft business, will leave the company. He had been touted as a possible successor to CEO Tom Enders, who will stand down in April 2019.

Guillaume Faury, who heads the company's helicopter division, was named as the next leader of the commercial airline business. Could he now be next in line for the top gig?

Airbus said it will consider insiders and external candidates for CEO in 2018.

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4. Global market overview: U.S. stock futures were higher.

European stocks were mixed in early trade, while most Asian markets ended in negative territory.

Investors are largely being left to their own devices. There are no major earnings reports on the agenda and the economic data cupboard is bare.

The Dow Jones industrial average, S&P 500 and the Nasdaq took their foot off the gas on Thursday, posting losses of 0.3% to 0.4%.

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6. Coming this week:

Friday -- EU Summit

Minnesota Coronavirus Cases

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Confirmed Cases: 87807

Reported Deaths: 2002
CountyConfirmedDeaths
Hennepin25454917
Ramsey10349316
Dakota6995125
Anoka5596132
Stearns367023
Washington349255
Scott236632
Olmsted225327
Nobles192016
Blue Earth15566
Wright14937
Carver13197
Rice12908
St. Louis128229
Mower12614
Clay121340
Sherburne106313
Kandiyohi9112
Winona82818
Lyon6344
Steele5132
Freeborn5043
Nicollet49516
Watonwan4954
Benton4923
Todd4722
Le Sueur4413
McLeod4382
Waseca4228
Chisago4211
Crow Wing41018
Otter Tail3734
Beltrami3654
Goodhue3219
Martin2909
Itasca26413
Polk2624
Becker2372
Pine2360
Isanti2340
Carlton2311
Douglas2291
Cottonwood2140
Pipestone2089
Morrison1901
Dodge1880
Chippewa1851
Sibley1693
Meeker1662
Wabasha1660
Unassigned16552
Brown1642
Murray1492
Rock1450
Yellow Medicine1442
Mille Lacs1363
Faribault1290
Jackson1251
Cass1233
Renville1206
Roseau1090
Pennington1081
Fillmore1050
Houston1040
Swift1041
Kanabec1008
Koochiching1003
Lincoln950
Redwood930
Stevens901
Pope820
Hubbard710
Aitkin691
Big Stone660
Wadena610
Grant574
Wilkin553
Norman510
Lake480
Marshall481
Mahnomen451
Lac qui Parle410
Red Lake370
Traverse290
Clearwater240
Lake of the Woods201
Kittson130
Cook60

Iowa Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 78552

Reported Deaths: 1255
CountyConfirmedDeaths
Polk15133256
Johnson496227
Woodbury486561
Black Hawk431686
Linn3722105
Story326317
Scott271227
Dubuque266140
Dallas265338
Pottawattamie195137
Buena Vista193312
Marshall175634
Sioux12753
Wapello124357
Webster118414
Muscatine105452
Clinton104618
Plymouth100120
Cerro Gordo98621
Crawford9804
Warren9226
Jasper74232
Des Moines7247
Marion7014
Tama68531
Carroll6275
Henry5974
Lee5857
Wright5571
Dickinson4756
Bremer4597
Boone4557
Washington42711
Louisa41915
Franklin33117
Mahaska32619
Delaware3183
Hamilton3143
Jackson2923
Floyd2913
Winneshiek2835
Benton2781
Clay2773
Hardin2731
Winnebago26211
Butler2572
Clarke2533
Emmet24810
Shelby2411
Jones2393
Allamakee2375
Poweshiek2368
Lyon2323
Buchanan2291
Clayton2273
Cedar2171
Guthrie2115
Kossuth2090
Chickasaw2030
Grundy2002
Madison1992
Sac1980
Cherokee1792
Howard1795
Iowa1791
Fayette1781
Mitchell1750
Hancock1712
Harrison1692
Humboldt1693
Calhoun1672
Mills1621
Palo Alto1560
Pocahontas1502
Monroe14410
Page1410
Lucas1386
Jefferson1321
Cass1282
Monona1281
Osceola1210
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Taylor1191
Union1193
Davis1134
Van Buren1081
Worth1000
Keokuk891
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Ida840
Greene820
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