IN THE NEWS TODAY
The next test for Macron and his independent En Marche movement is parliamentary elections in June. The party currently has no seats in the legislature. Without backing from lawmakers, Macron may have a tough time enacting his reform proposals. (CNBC)
In her concession speech, Le Pen pledged to form a "number one opposition force" to counter globalization. She called on "all patriots to join" in the new movement and vowed to challenge the status quo within French politics. (CNBC)
Cable companies Comcast (CMCSA), parent of CNBC and NBC, Charter (CHTR) have reached an operational agreement on working together on wireless communications plans.
Sinclair (SBGI) is nearing a deal to acquire Tribune (TRCO) for close to $4 billion after prevailing in an auction for one of the largest U.S. television station operators. (Reuters)
Billionaire investor Warren Buffett told CNBC on Monday it's "amazing" how Apple has resonated with consumers , and that's why Berkshire Hathaway bought the stock. Buffett joins CNBC's "Squawk Box" for three hours until 9 a.m. ET this morning.
Buffett admitted to shareholders Saturday he made a mistake by not buying Google shares years ago when the company was getting $10 or $11 per advertising click from Berkshire's Geico.
Investors with more than $15 trillion of assets under management, including the California Public Employees Retirement System, urged governments led by the U.S. to implement the Paris accord to fight climate change, despite President Donald Trump's threats to pull out. (Reuters)
The EPA has dismissed at least five members of a major scientific review board, the latest signal of what critics call a campaign by the Trump administration to shrink the agency's regulatory reach by reducing the role of academic research. (NY Times)
Vice President Mike Pence, Trump's daughter Ivanka Trump and her husband Jared Kushner attend a biotech summit today, along with the head of NIH and executives from Celgene (CELG) and Regeneron (REGN).
A day after wooing wealthy Chinese in Beijing, the firm of Kushner's family firm offered attendees in Shanghai a path toward living in the U.S. in exchange for investments. (NY Times)
Candidate Trump's calls for a ban on Muslim immigration are at the heart of a challenge to his revised executive order restricting travel set to be considered today by a federal appeals court. (NBC News)
Texas Gov. Greg Abbott has signed a bill banning so-called sanctuary cities. At the federal level, Trump's executive order limiting funding to cities that restrict cooperation with immigration authorities remain blocked in court. (NY Times)