Trump shifts on China trade talks ease tensions and ratings
President Trump pulled back from planned strict limits on Chinese investment and urged Congress to bolster existing foreign investment reviews. The move sparked markets gains before later fluctuations as analysts noted ongoing talks and potential negotiations with Beijing. CFIUS reforms gain urgency with House backing and possible conference committee action on an defense bill.
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Washington
Donald Trump
China
U.S
Congress
White House
Beijing
Stephen Ezell
Information Technology and Innovation Foundation
Trump
Committee On Foreign Investment
The
United States
CFIUS
Treasury
Steven Mnuchin
Christopher Brewster
Stroock & Stroock & Lavan
Brewster
House
Larry Kudlow
National Economic Council
Fox Business
Barry Bannister
Stifel
Federal Reserve
Bannister
Global stocks wobble as trade talks spark mixed signals
Markets swung on trade tensions with U S and China. the S P 500 fell 0 9 percent to 2699 63, the Dow dropped 165 52, and the Nasdaq slid 1 5 percent as oil rose to a multiyear high and energy shares gained amid volatility.
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White House
Trump
U.S
China
Congress
Dow Industrials
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S&p
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Disney Wins US Approval for Fox Merger With Conditions
The Justice Department approved Disney and Fox merger plans contingent on selling Foxs 22 regional sports networks. Disney offered 71.3 billion to top Comcasts 65 billion bid, while Comcast weighs options as regulators and markets react. Rupert Murdoch favors the Disney deal for stock reasons despite potential competition moves.
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Disney
21St Century Fox
Department of Justice
Fox
ESPN
Comcast
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Washington Post
Addi
Rupert Murdoch
Justice Department
At&t
Time Warner
ConAgra to buy Pinnacle Foods for 10.9 billion dollars
ConAgra to acquire Pinnacle Foods for about 10.9 billion in a deal aimed at expanding frozen foods brands. The combined company would include Banquet Healthy Choice Alexia and Pinnacle brands Birds Eye Van de Kamp's Mrs. Paul's plus Chef Boyardee Reddi Wip and Duncan Hines. Shares fell for both firms as the market weighs the strategic benefits against inflation pressures and market skepticism.
MENTIONED IN THIS ARTICLE
Chicago
Marie Callender
Hungry Man
ConAgra
Pinnacle Foods
Banquet
Healthy Choice
Alexia
Pinnacle
Birds Eye
van de Kamp’s
Mrs. Paul’s
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Associated Press
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