CI VIEW: AT&T CEO Stephenson takes on Alphabet’s Schmidt as Time Warner bid heralds new US antitrust regime UPDATE

WASHINGTON/BALTIMORE (BBN) – (Updating on September 23, 2017 to add interview of Sean “Diddy” Combs by US House Financial Services Committee Ranking Member Rep. Maxine Waters (D-Calif.) —  AT&T (NYSE: T) USD 85.4 bin dollar bid for Time Warner (NYSE: TWX) is seen marking the end of Alphabet (NYSE: Goog) and Facebook (NYSE:FB) dominant position in the US media market and heralding new antitrust action by the administration of President Donald Trump.

[21st Century Fox  and News Corp  Executive Chairman Rupert Murdoch speaks to Capitol Intelligence/Black Business News (BBN) using CI Glass on AT&T bid for Time Warner at The Wall Street Journal CEO Council Summit in Washington, DC. November 15, 2016]

The administration of Donald Trump is looking at taking long overdue antitrust action both by the US Department of Justice (DOJ) and US Federal Trade Commission (FTC) as the administration of Barack Obama gave a “free ride to Google, Facebook and Silicon Valley,” a Washington DC antitrust attorney close to the Trump transition team said.

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CI VIEW: Tunisia economic revival linked to Baltimore/Bizerte Sister City initiative UPDATE

BALTIMORE/BIZERTE (CI MENA) — (Updating September 20, 2017 to add historic Sister City agreement between Baltimore Mayor Catherine Pugh and Tunisian Member of Parliament and highest elected official of Bizerte, Ali Belakhoua) – America’s fastest growing city is becoming the key driver in reviving the fortunes of the Arab world’s first representative democracy – Tunisia through the nascent Sister City partnership between Baltimore, Maryland and the ancient and strategic port city of Bizerte,Tunisia.

[Baltimore Mayor Catherine Pugh and Tunisian Member of Parliament and highest elected official of Bizerte, Ali Belakhoua filmed by Capitol Intelligence/BBN using CI Glass agreeing on Sister City partnership during Congressional Black Caucus Foundation ALC in Washington, DC. September 20, 2017]

Tunisia’s strategic importance was formalized by President Barack Obama when he declared the North African nation as America’s most strategic non-NATO US ally and the nation’s strategic importance for the US continues with President Donald J. Trump under the leadership of US Commerce Secretary Wilbur Ross and Secretary of State Rex Tillerson.

Ali Belakhoua, a Tunisian Member of Parliament and highest elected official of Bizerte, met with Baltimore Mayor Catherine Pugh at the Congressional Black Caucus Foundation Annual Legislative Conference in Washington DC on September 20 and agreed to go ahead with a formal signing during the IMF World Bank Annual meeting on October 10-15, 2017.   

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CI VIEW: Magic Johnson co-opts France’s Sodexo and Starbucks to bridge the opportunity gap UPDATE

WASHINGTON (BBN) — (Updated September 15, 2017 to include interview with Starbucks Executive Chairman Howard Schultz)  — Earvin “Magic” Johnson’s ability to co-opt some of the world’s largest companies such as Paris-based catering and outsourcing giant Sodexo (EPA:SW) and Seattle-based Starbucks (NASDAQ: SBUX) is more impressive than his exploits on the basketball court.

[Magic Johnson Enterprises founder and CEO Earvin “Magic” Johnson filmed by Capitol Intelligence/BBN using CI Glass at Back to School Block Party at all-male DC Public Ron Brown High College Preparatory High School in Northeast DC]

Johnson, who owns a 51% stake in SodexoMagic, — an educational catering business with Sodexo – returned to Washington DC where the company holds a city contract to give an inspiring speech to DC Public Schools first all-male high school, the Ron Brown College Preparatory High School in Northeast DC.

But Johnson’s strategy of targeting African-American communities such as nearby Prince George’s County and Harlem in New York with amenities such as shopping malls, Starbucks and move theaters has transformed his Los Angeles-based Magic Johnson Enterprises into a multi-billion private equity fund with an even more impressive 40% internal rate of return (IRR).

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CI VIEW: UVA President Sullivan and VA Gov McAuliffe failing to the top in Charlottesville

CHARLOTTESVILLE (BNN) — On Labor Day, the University of Virginia college town of only 40,000 residents was still reeling from the white nationalist/neo-Nazi riots that brought the tragic deaths of 32-year-old Heather Heyer and Virginia State Troopers Lt. H. Jay Cullen and Berke M. Bates during Unite the Right rally over the removal of General Robert E. Lee‘s statue in Emancipation Park.

[Pro-Confederate Labor Day protest filmed by Capitol Intelligence/BBN using CI Glass over the removal of Robert E. Lee statue at Emancipation Park in Charlottesville, Virginia. September 4, 2017]

But the shock is quickly turning into anger against University of Virginia President Teresa A. Sullivan and Virginia Governor Terry McAuliffe for failing in their moral obligation to properly ensure the safety and security of UVA students and the citizens of Charlottesville.   

African-American Charlottesville residents such as Garcia Johnson and Cavalier Barbers owner Eric Massie were dumbfounded to learn that University of Virginia President Teresa A. Sullivan could have stopped the alt-right Tiki torchlight protest Friday, August 11 by exercising a Virginia law that makes it a Class 6 felony for anyone who burns an object with the objective to “place another person in reasonable fear or apprehension of death or bodily injury.” 18.2-423.01 of the Virginia Code.

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CI VIEW: SmartCEO – Fear, Loathing, Failure and Charlottesville UPDATE

BALTIMORE/CHARLOTTESVILLE (BBN) — (Updated on September 7, 2017 to add interview National Association for the Advancement of Colored People (NAACP) Interim President and CEO Derrick Johnson and Charlottesville video footage and interviews) The rise and fall of Baltimore-based SmartCEO – the 15-year-old event and business magazine – is a glaring example of the contrast between the downward mobility of white flight suburbs and the resurgence of urban economies in the United States.

[National Association for the Advancement of Colored People (NAACP) Interim President and CEO Derrick Johnson speaks to Capitol Intelligence/BBN using CI Glass on opportunity gap following speech to National Press Club of Washington, DC. August 29, 2017]

The contrast of the fortunes of urban economies to those of the suburbs can be seen in the rise and fall of SmartCEO and its founder, former suburban Belair, Maryland resident Craig Burris.  In less than a year, the 50-plus year-old Burris saw his fortunes rise to circa USD 40m before crashing down to personal and corporate bankruptcy and facing the real risk of imprisonment for fraud, embezzlement and larceny

However, the rising fortunes of our urban centers has breed a level of hostility, fear and prejudice in the once affluent suburbs not seen since the Boston school busing desegregation protests of the 1970s.

The most shocking images from Charlottesville was not the violence between neo-Nazis and the radical left, but the previous night’s torchlight procession of well-dressed suburban millennial males — filmed and reported by Elle Reeve of Vice News — chanting: “You will not replace us. Jews will not replace us. Blood and soil. Whose streets? Our streets! White lives matter.”

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CI VIEW: President Trump’s USD 1 trln infrastructure fund triggers National bank vs bond agency debate UPDATE

WASHINGTON/BALTIMORE (BBN) –  (Update on August 28, 2017 to add interview with US Transportation Secretary Elaine Chao and Maryland Governor Larry Hogan at Purple Line groundbreaking) — President Donald Trump plan to spend up to USD 1 trillion upgrading US infrastructure has triggered the first serious bipartisan debate in Congress whether the United States should establish a National Infrastructure Bank and/or national bond authority.

[President Donald Trump speaks with Capitol Intelligence/BBN using CI Glass at Economic Club of Washington DC event prior to entering race for Presidency and the opening of Trump International Hotel in Washington, DC. December 15, 2014]

US House Transportation and Infrastructure Chairman Rep. Bill Shuster (R-PA) says he opposes the establishment of a National Infrastructure Bank while US Senator Mark Warner (D-VA) is pressing for an independent National Infrastructure Bank or financing authority.

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CI VIEW: Fiat-Chrysler Marchionne seeks merger with Korea’s Hyundai; China Great Wall stalking horse

WASHINGTON/MILAN (CI GCA) – Fiat Chrysler Automobiles (NYSE:FCAU) CEO Sergio Marchionne is now setting his sights on a merger with South Korea’s automotive giant The Hyundai Motor Group while at the same time using China’s Great Wall Motor Co as a stalking horse, sources close to the situation said.

[Fiat Chrysler Automobiles FCA CEO Sergio Marchionne speaks to Capitol Intelligence/CI GCA using CI Glass at the Brookings Institution in Washington, DC.]

It is understood that FCA CEO Marchionne began planting rumors of possible Chinese interest in FCA in June after being rebuffed first by General Motors (NYSE:GM) CEO Mary T. Barra and later by troubled Wolfsburg, Germany-based Volkwagen Group (ETR:VOW3).

Jim Trainor, a Hyundai spokesman in the United States, said the company does not comment on market rumors. HMG, world’s fifth largest automotive manufacturer, owns the Hyundai and KIA automotive brands that operates US manufacturing plants in Montgomery, Alabama (Hyundai Santa Fe,, Sonata and Elantra and KIA (Santa Fe, Sorento) in West Point, Georgia.
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