Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
LONDON (Reuters Breakingviews) - Bookmakers adjust the odds to make sure they can make money whatever happens. GVC’s 3.9 billion pound bid for Ladbrokes Coral Group is trying to do something similar, by using financial engineering to hedge the risk of a government clampdown on its target’s business.
LONDON (Reuters Breakingviews) - The Daily Mail is finally succumbing to the media industry’s malaise. After years of defying gravity while rival publishers watched circulation and revenue crash, the right-wing tabloid’s parent company expects its media business to shrink next year. That complicates boss Paul Zwillenberg’s plan to show that Daily Mail and General Trust is more than a struggling publisher.
LONDON (Reuters Breakingviews) - Vodafone is figuring out how to go it alone. The 58 billion pound mobile operator and cable group Liberty Global ended talks over a tie-up in 2015. The possibility of a deal hasn’t gone away. But an improving outlook and fibre-broadband growth plans in Germany and Britain make a combination with John Malone’s group – or anyone else – less urgent.
LONDON (Reuters Breakingviews) - Britain is the killjoy at the global defence party. Shares in Ultra Electronics fell by almost a fifth on Monday as the UK defence contractor warned of tight UK spending. Mid-market groups might face foreign invasions of their own.
LONDON (Reuters Breakingviews) - If Daimler’s cars were as slow as its restructuring, the company would have few customers. The Mercedes-Benz parent has problems aplenty, which bumper third-quarter sales do little to change. A plan to carve out its car and truck units might help lift its valuation if that eventually led to a separate listing. But at the current pace of progress, investors have no reason to give the company much credit.
LONDON (Reuters Breakingviews) - Sky shareholders face a choice between principles and profit. Some investors are planning to oppose Chairman James Murdoch’s re-election because he is also chief executive of 39 percent owner Twenty-First Century Fox. But kicking up a stink might further jeopardise Fox’s offer for the European pay-TV group.
LONDON (Reuters Breakingviews) - British taxpayers could end up funding Santander’s efforts to grab a larger share of the UK business banking market. Helping one of Europe’s biggest lenders sounds like an odd way to shake up the dominance of established banks. But small-business customers will probably benefit over time.
LONDON (Reuters Breakingviews) - Meal-kit delivery service HelloFresh could prove to be the corporate equivalent of a soufflé: enticing at first glance, but prone to sagging. Given an unproven business model and the flame-out of U.S. rival Blue Apron after its own initial public offering, the loss-making German group’s plan to float belongs in the deep-freeze.
LONDON (Reuters Breakingviews) - Rupert Murdoch’s 1969 acquisition of the Sun marked the start of his assault on the cloistered world of British newspapers. “Ink”, James Graham’s play set in the year after the tycoon invaded Fleet Street, deftly traces the origins of the hyper-aggressive press culture that would eventually lead to a phone-hacking scandal and the demise of the News of World tabloid. Though Murdoch’s populist media revolution continues, it’s his own empire that is now at risk of disruption.
LONDON (Reuters Breakingviews) - The maker of “Angry Birds” is prepping a dubious stock market catapult. Investors may relearn a crucial lesson from physics and addictive mobile games: what goes up tends to come down.