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Here are today’s top headlines from across the nation and world:
SEATTLE (AP) — Dozens of tech companies, including behemoths like Apple, Google, and Facebook, are siding with Washington state and Minnesota as they fight President Donald Trump’s ban on refugees and travelers from seven predominantly Muslim countries from entering the United States. The companies filed briefs late Sunday with a federal appellate court saying the Trump executive order hurts their businesses. In their court filing with the San Francisco-based 9th U.S. Circuit Court of Appeals, a total of 97 companies said Trump’s travel ban “hinders the ability of American companies to attract great talent; increases costs imposed on business; makes it more difficult for American firms to compete in the international marketplace.” Read more
NEW YORK (AP) — The New England Patriots defeated the Atlanta Falcons during a nailbiter Super Bowl 51 – and there were clear winners and losers off the field, too. Advertisers had to tread carefully this year in a divisive political climate. Some went for all out escapist humor like T-Mobile and Tide, while others tried to take a more serious tone like the American Petroleum Institute. With 30-second ads costing around $5 million, and more than 110 million people watching, it’s a huge gamble to advertise during the game even in a less politically charged atmosphere. Read more
NEW YORK (AP) — The Federal Communications Commission often took stances that angered the phone and cable industries under the Obama administration. It’s already starting to lean the other way. The regulator of broadcast TV and internet services says cellphone companies that exempt some services from data caps are good for consumers after all. That effectively cuts prices for these services, usually ones owned by the phone company. But many consumer advocates say that ultimately hurts consumers by undermining other, independent services. Read more
NEW YORK (AP) — A reported overture by Saks Fifth Avenue’s parent to take over Macy’s Inc. underscores how further consolidation may be needed to revive the department store sector amid drastic changes in the retail landscape and consumer behavior. Macy’s shares soared in trading Friday, after being temporarily halted on the New York Stock Exchange on a news report that Saks’ owner has approached the department store chain about a takeover. The article, posted on The Wall Street Journal’s website, reported that Canadian chain Hudson’s Bay Co., which operates stores under Saks Fifth Avenue and Lord & Taylor as well its namesake, is in preliminary stages of discussion with Macy’s that also include a possible deal for the department store’s real estate. The report cites people familiar with the matter. Read more
WASHINGTON (AP) — New documents confirm that President Donald Trump retains a direct tie to his business interests through a revocable trust now being overseen by one of his adult sons and a longtime executive of the Trump Organization. Trump is the sole beneficiary of the Donald J. Trump Revocable Trust, which is tied to his Social Security number as the taxpayer identification number, according to documents published online by the investigative nonprofit ProPublica. And Trump can revoke the trust, which was amended three days before his inauguration, at any time. Read more
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