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) - 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.
LONDON (Reuters Breakingviews) - Spotify’s business model is an unfinished symphony. The digital-streaming service is closer to listing on the New York Stock Exchange now that it has secured licensing deals with all three major musical labels, including Warner Music, which signed up on Thursday. But with the likes of Universal and Sony reportedly budging only slightly on royalties, Spotify’s ability to turn a decent profit is still in doubt.
LONDON (Reuters Breakingviews) - Dixons Carphone’s double whammy is a lesson in the dangers of misplaced confidence in forecasting. The UK electronics retailer’s shares fell 30 percent on Thursday after it said profit for the year would be much lower than anticipated. But the main culprits for the lower guidance were known risks.
LONDON (Reuters Breakingviews) - Rupert Murdoch’s bid for Sky looks ever less rational. The media mogul’s Twenty-First Century Fox in December offered 11.7 billion pounds to buy the 61 percent it doesn’t own of the UK pay-TV group. Murdoch will struggle to make the deal pay – though that may not stop him.
LONDON (Reuters Breakingviews) - A high-stakes legal fight is brewing in the esoteric world of mobile-spectrum licensing. Telefonica’s O2 has much to lose, as do British consumers waiting for ultra-fast 5G internet.