Morning Agenda: Uber I.P.O. Timeline Update

Morning Agenda: An Uber I.P.O.? It’ll Be Awhile.<br />Here’s how the Bain-led bid — valued at 2 trillion yen, or about $18.2 billion — breaks down:<br />• 1.1 trillion yen from Bain and the South Korean chip maker SK Hynix<br />• 400 billion yen from Apple, which wants to lessen its dependence on chips made by Samsung<br />He also said he would eliminate “loopholes and complexity that primarily benefit the wealthiest Americans and special interests.”<br />“Lower taxes on American business means higher wages for American workers,” he said.<br />Here’s the timeline, according to :<br />• Barry Lynn, a scholar at the New America Foundation, posted a statement praising<br />the European Union shortly after it fined Google $2.7 billion in June.