Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Friday, September 21st, and I'm your host Julie Morgan.

The UK may give a green light to the Microsoft Activision Deal,

but no deal in Washington to avert a government shutdown

and we're waiting to hear from the UAW about the direction their strike will take.

The UK's competition regulator says there are reasonable grounds for a merger

between Activision Blizzard and Microsoft after the latter submitted revised

terms for the $69 billion deal.

The restructured proposal opens the door to the deal being fully cleared after gathering third-party feedback.

The tie-up had already been approved in every other global jurisdiction

with the FTC withdrawing a merger lawsuit in July.

The UK Competition and Markets Authority

had blocked the deal due to concerns

about competition in cloud gaming.

House Speaker Kevin McCarthy's latest plan to avert a federal government shutdown did not go well on Thursday,

with a little over a week left before the deadline.

The Associated Press reported that a group of far-right Republicans voted with Democrats to block

a vote on a traditionally popular defense funding bill.

A test vote to advance the bill failed 212 to 216.

It was the third time that McCarthy's attempt to make progress on funding the government failed.

After the vote McCarthy commented that this is a whole new concept of individuals who just want to burn the whole place down.

He had hoped that passing the bill would show progress and build support for a temporary funding bill that would provide more time to negotiate more permanent

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