All the US states that ship more than $1 billion worth of goods to China that would be slammed by tariffs

Reuters/Carlos Barria President Donald Trump escalated his trade dispute with China and is planning for $ 200 billion worth of Chinese goods to be subjected to an additional 10% tariff. In turn, China said it would slap the US with tariffs on $ 50 billion worth of US imports starting in July. China’s tariffs would […]

U.S. $50 billion tariff war with China includes cars

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Trump to decide whether or not to hit China with about $50 billion in tariffs

Pool/Thomas Peter via Associated Press President Donald Trump will meet with his top trade advisers on Thursday to decide whether to activate threatened tariffs on billions of dollars in Chinese goods, a senior Trump administration official said. An official said that a draft document showed that the list would be close to $ 50 billion, […]

Comcast offers $65 billion for Fox, says government won’t stop merger

(credit: Comcast) Comcast today made a $ 65 billion offer to buy major portions of 21st Century Fox, setting up a potential bidding war with Walt Disney Company. Disney already struck a $ 52.4 billion all-stock deal to buy the Fox properties, but Comcast announced that it is making an all-cash offer to “provide [Fox] […]

ZTE shares tank in Asian markets after it agrees to pay $1.4 billion settlement to the US

REUTERS/Sergio Perez Investors wiped about $ 3 billion off embattled Chinese telecommunications giant ZTE Corp’s market value as it resumed trade on Wednesday after agreeing to pay up to $ 1.4 billion in penalties to the U.S. government. ZTE was crippled when the United States imposed a seven-year supplier ban on the company in April after it […]

Toyota just sunk another $1 billion into Asian ride-sharing giant Grab

Business Insider/Jonathan Loh   It’s the second major investment in ride-share giant by Toyota Values Grab around $ 7 billion Recently booked its one-billionth ride  See the rest of the story at Business Insider NOW WATCH: THE KRISTIN LEMKAU INTERVIEW: JPMorgan Chase’s CMO explains how she deals with disruption on two fronts at once, why […]

After a $66 billion merger, one of the most hated food companies in the world is disappearing — sort of

Jim Young/Reuters German drug and chemical company Bayer is finalizing a $ 66 billion blockbuster deal to gobble up agricultural behemoth Monsanto on Thursday. On Monday, Bayer said it was dropping Monsanto’s 117-year-old title. The name drop appears to be part of a strategic move geared at distancing the colossal new company from negative publicity […]

Microsoft confirms it will acquire GitHub for $7.5 billion

The rumors were true: Microsoft has confirmed it’s buying GitHub for a whopping $ 7.5 billion in an all-stock transaction. Reports first emerged last week that Microsoft was in advanced discussions to acquire the code-hosting repository, and these reports intensified over the weekend. Now we know for sure. According to Microsoft, GitHub will a…Read More

UFC is about to get a huge boost with casual sports fans thanks to $1.5 billion deal with ESPN

Vaughn Ridley/Getty Images The UFC is moving from Fox Sports to ESPN in a five-year deal worth $ 1.5 billion. The move will likely introduce a new audience to the world of mixed martial arts and will give ESPN plenty of opportunities to promote its new product. Fights will appear on both ESPN and the […]

Vodafone’s CEO announces his departure less than a week after making $22 billion deal with ‘cable cowboy’ John Malone

Reuters/Denis Balibouse Long-serving Vodafone CEO Vittorio Colao is to step down in October this year. He will be succeeded by the telecoms firm’s current chief financial officer, Nick Read. The announcement of Colao’s departure comes less than a week after Vodafone announced a $ 22 billion deal with Liberty Global. LONDON —Vodafone announced on Tuesday […]