Summary: JAB Holdings is buying Panera Bread Company for $7.5 billion dollars. JAB is the parent company of Caribou coffee and Peet's Coffee and Tea. JAB is paying $315 a share for the restaurant chain, which is a 20% premium to Tuesday's closing price. The United States Senate is plunging toward a historic rule change regarding the vote for Neal Gorsuch for Supreme Court. Senators debated for hours, sometimes bitterly, in support and opposition to Gorsuch. Senate Democrats are expected to filibuster the nomination and Senate Republicans are expected to invoke what's called a 'nuclear option' to get Gorsuch's appointment to the Supreme Court approved. Overnight, North Korea fired a ballistic missile, according to officials. The move takes place on the eve of China's President Xi meeting with U.S. President Trump.
