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The Wall Street Journal
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The Wall Street Journal
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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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    The Wall Street Journal‏Verified account @WSJ Jun 15

    In the new economy, business like AT&T need to be able to reinvent themselves through dealshttps://on.wsj.com/2LR9IBc 

    12:30 PM - 15 Jun 2018
    • 134 Retweets
    • 436 Likes
    • Adam Jarvee J.A Jump kathy schaffer Jay W. Richards G Nelson James Stanhope old acct kevin carlson Walid Muhammad
    152 replies 134 retweets 436 likes
      1. New conversation
      2. Mario C.‏ @mario2k4 Jun 18
        Replying to @WSJ

        Yes they merge so they can combine resources- sell off not so profitable assets - have the existing workers do twice as much for same low wages - outsource those jobs overseas- fire workers for “cause” - #rinseRepeat

        1 reply 2 retweets 16 likes
      3. Melissa H‏ @Melissa924 Jun 19
        Replying to @mario2k4 @WSJ

        Not even for “cause”. I used to work for AT&T and they closed my entire department and laid all of us off, including one of my co-workers who had been there for 26 years.

        2 replies 0 retweets 5 likes
      4. Mario C.‏ @mario2k4 Jun 21
        Replying to @Melissa924 @WSJ

        Well I worked 12 years for TW Cable / Spectrum and they fired me for Cause, so I would get no severance or unemployment. - They created the cause, they sent 75% of my work to subsidiary in India - but said I had to do same work or get “Notices” - then I was let go - for cause!

        0 replies 0 retweets 3 likes
      5. End of conversation
      1. jim haigh‏ @jmhaigh Jun 19
        Replying to @WSJ

        Hogwash. Neither a "new economy" phenomenon, nor a "reinvention" in any semblance that embraces innovation. Capital continues to flow away from CapX and human investment -- and into stock buybacks and mega mergers. Financial engineering and market power. Not sustainable 💸🇺🇸

        0 replies 4 retweets 19 likes
      1. Charles Bastille‏ @CharlesBastille Jun 19
        Replying to @WSJ

        The so-called “new economy” is a nightmare Ayn Rand world of money shuffling and the gambling bourse known as the stock market. Most of these companies produce nothing of value and are only illustrating how deeply broken our economy is.

        0 replies 1 retweet 16 likes
      1. Russ Adams  🍁 🎃 ❄️ 🌨️‏ @patpend Jun 19
        Replying to @WSJ

        Gee. AT&T use to reinvent themself by inventing thing like the transistor and the laser.

        0 replies 1 retweet 16 likes
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      1. Suzy‏ @2EPNola Jun 18
        Replying to @WSJ

        Because their greed has no bounds.

        0 replies 1 retweet 15 likes
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      1. StillGobsmacked‏ @4everResist Jun 19
        Replying to @WSJ

        While #MAGA .@realDonaldTrump diddles, US government posted a $146.8 billion budget deficit last month—largest since 2009. Revenue declined.The budget gap rose 66% from a year earlier, according to US Treasury. .@Senate GOP .@GOP are expected to push the deficit to $804 billion.

        0 replies 2 retweets 6 likes
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      1. alisongallant‏ @alisongallant Jun 19
        Replying to @WSJ

        So that's what they're doing with their tax cuts? Buying up other companies and making them as shitty as their own ?

        0 replies 0 retweets 14 likes
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      1. Vicki Wright‏ @veedubyoo Jun 19
        Replying to @WSJ

        I call BS. Mergers are loved by Wall St. because the dealmakers, execs and major shareholders benefit. Innovation requires investment & long-term vision--both anathema to analysts who only care about quarterly profits. Mergers are a scam. No company is better after a merger.

        0 replies 1 retweet 5 likes
      1. New conversation
      2. George Carpenter‏ @GeorgeCarpent11 Jun 22
        Replying to @WSJ

        We don’t need mega companies who have no competition. Mega companies drive up prices and drive wages down.

        1 reply 1 retweet 7 likes
      3. 1 more reply
      1. New conversation
      2. Ridge Kayser‏ @RidgeKayser Jun 16
        Replying to @WSJ

        I wish them luck, . . but AT&T treated customers like dogs before their monopily was broken up. I was one of their victims, and . . haven't done any business with them since . . .pic.twitter.com/cGmv6HXMUG

        This media may contain sensitive material. Learn more
        1 reply 3 retweets 3 likes
      3. 1 more reply
      1. New conversation
      2. Robyn Ryan‏ @RbrRobyn Jun 15
        Replying to @WSJ

        Monopolies are not good for democracy.

        1 reply 1 retweet 10 likes
      3. 1 more reply
      1. Dennis Wingo‏ @wingod Jun 22
        Replying to @WSJ

        Its called what you do when you can no longer invest in yourselves and innovate. That and share buybacks.

        0 replies 0 retweets 9 likes
      1. DrWAVeSport‏ @DrWAVeSportCd1 Jun 23
        Replying to @WSJ

        WADR, @ATT Has Been ‘REINVENTING’ eg Rightsizing Optimizing Downsizing MERGING Since The 1970s‼️ KEEPING PENSION MONEYS, CLOSING PLANTS, SENDING JOBS OUT Of #USA, & EVERY TIME @ATT EXECS MAKE 💲MILLIONS WHILE THEIR EMPLOYEES TAKE THE ECONOMIC DEATH BLOW‼️ & PAY T BRIBES⁉️

        0 replies 1 retweet 2 likes
      1. Erhan Hosca‏ @ehosca Jun 20
        Replying to @WSJ

        They need to reinvent themselves by offering better products at better prices for the consumer... Not through deals!

        0 replies 0 retweets 5 likes
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      1. CAlwz‏ @DrSoup34 Jun 19
        Replying to @WSJ

        Is there any evidence/history that using your oligo/monopoly money to buy your way into new business is more (at all) successful than building your new paradigm from scratch? Don't think so. See GE going leaving DOW....

        0 replies 0 retweets 6 likes

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