After months of standoffs between police and protesters, the Dakota Access Pipeline (DAPL) has been given the green light to finish its final phase. The U.S. Army Corps of Engineers has granted an easement allowing DAPL to cross under the Missouri River Reservoir, which the Obama administration denied. This comes after President Trump’s executive order for the army to speed up its easement decision. What’s next for DAPL? What’s next for Trump?
Read The Capitalist’s Take Here
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BETSY DEVOS CONFIRMED AS SECRETARY OF EDUCATION AS MIKE PENCE CASTS HISTORIC TIE BREAKING VOTE
The Senate confirmed Betsy DeVos on Tuesday as education secretary, approving the embattled nominee only with the help of a historic tiebreaking vote from Vice President Mike Pence. The 51-to-50 vote elevates Ms. DeVos — a wealthy donor from Michigan who has devoted much of her life to expanding educational choice through charter schools and vouchers, but has limited experience with the public school system — to be steward of the nation’s schools.
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BOB IGER OPEN TO STAYING ON AT DISNEY; POSSIBLY POSTPONE RETIREMENT
Walt Disney Co. Chief Executive Officer Bob Iger said he’d remain with the company beyond his scheduled June 2018 retirement if it’s good for the company, the first time he’s said he might extend his tenure beyond his current contract. Iger, who turns 66 Friday, made the comment on a call with investors after Disney reported lower sales and earnings for the fiscal first quarter ended Dec. 31. If he extends his contract, it would be the third time he has postponed retirement.
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Closing Bell
– Tuesday, February 7th
Markets Close UP Behind Tech
Big Insider Trades
– Apple, Inc. (AAPL) Senior VP Johny Srouji Sells $2m
– Ciber, Inc. (CBR) Director Legion PArtners Asset Management Buys $750k
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