Daniel Bach

Here's your morning brief for Wednesday, February 11th.

I'm Daniel Bach for The Wall Street Journal.

Activist investor Ancora Holdings has said it will push Warner Bros.

Discovery to walk away from the $72 billion deal it signed with Netflix.

Ancora has built a roughly $200 million stake in Warner and yesterday emailed Warner CEO David Zaslav to say it's considering a proxy fight if Warner's board doesn't negotiate the best deal for shareholders to instead sell to Paramount Skydance.

Warner has consistently rebuffed Paramount's $78 billion offer, arguing the Netflix deal has greater value, more secure financing, and a cleaner path to being approved by regulators.

House lawmakers have rejected an attempt by GOP leader Mike Johnson to block challenges to President Trump's tariff policies.

Democrats were joined by several Republicans who have criticized Trump's aggressive use of tariffs and their questionable legal underpinning.

A series of high-profile votes could begin as soon as today, including a Democratic challenge to Trump's tariffs on Canada.

And the European Union has approved Google's $32 billion acquisition of cybersecurity startup Wiz, making it Alphabet's largest-ever takeover.

Here's your morning brief for Tuesday, February 10th.

I'm Daniel Bach for The Wall Street Journal.

The Trump administration is planning to reverse a 2009 legal finding linking greenhouse gas emissions with threats to public health and welfare.

The rollback would gut the legal underpinning used to regulate power plant emissions and fuel efficiency standards for cars.

Officials claim the regulatory rollback would equate to about $1 trillion in savings, and it's likely to be seen as a victory for the fossil fuel industry, which has been fighting federal climate regulations for years.

After almost eight years of construction, he's threatening to block the opening of the Gordie Howe Bridge, which was funded by Canada, saying the U.S.

should own up to half of it and criticizing Canada for not treating the U.S.

with, quote, the respect that we deserve.

Trump pledged support for the bridge back in 2017, with Canada agreeing to collect tolls that would pay a private sector builder.

And Gucci parent Kering reported better sales trends for the fourth quarter and said it aims to return to growth in 2026 after years of decline.