The daily business briefing: November 14, 2018

U.K. and EU reach a draft Brexit deal, Amazon officially announces new HQ split, and more

Theresa May at 10 Downing Street
(Image credit: TOLGA AKMEN/AFP/Getty Images)

1. U.K. reaches draft Brexit deal but opposition looms

British Prime Minister Theresa May's government reached a draft Brexit deal with the European Union on Tuesday after more than a year of tense negotiations. The British government did not immediately release details on the deal's hundreds of pages of text, including how it would get past the sticking point of keeping people and trade flowing freely over the border between EU member Ireland and the U.K.'s Northern Ireland. May now could face a challenge tougher than negotiating the deal — getting it approved by her own Cabinet, and Parliament. Brexit supporters in May's party have accused her of surrendering too much control to the EU. The Cabinet is scheduled to meet Wednesday to consider the draft deal.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.