US and China hold talks in London to salvage fragile trade truce
High level delegations from the United States and China met at Lancaster House in London to shore up a 90 day suspension of tariffs. Beijing pressed rare earths and semiconductors while Washington sought to extend calm after tensions and stockpiles concerns.
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U.S
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Wang Wentao
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Donald Trump
Xi Jinping
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Kevin Hassett
CNBC
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Apple keeps a low key pace at annual developers conference
Apple’s annual developers conference underscored incremental AI tools and a major iPhone software redesign while avoiding bold breakthroughs. Craig Federighi and Tim Cook steered a subdued event as Apple seeks to boost Siri’s capabilities amid questions about its AI leadership and future milestones.
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U S stocks drift on quiet Monday amid trade talks
U S equities edged mixed as US and Chinese officials in London pursue talks to ease tariffs and avert recession. The S P 500 rose 0.1 percent, the Dow fell marginally, and the Nasdaq gained 0.3 percent as merger news boosted sentiment, with Qualcomm up 4.1 percent and Iony up 2.7 percent on major acquisitions.
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Warner Bros Discovery splits cable and streaming units
Warner Bros Discovery will split its operations into two entities, separating cable networks including CNN TNT Sports and Europe channels into a "Global Networks" unit while HBO, HBO Max, DC Studios and Warner Bros. studios join the Streaming & Studios group led by CEO David Zaslav. The move follows a broader restructuring and signals focus shifts as cord cutting shapes the industry.
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