Your Daily Dose of Financial News

Robins Kaplan LLP

Tariffs were a hot topic at this weekend’s G-7 meeting in Canada, and as we’ve seen over the past weeks, it was once again the US vs. the world – NYTimes and WSJ and Bloomberg and Marketplace

A bunch of drama and a billion dollars later, ZTE appears to be back in business.  Here’s a closer look at the company’s “checkered past” and some thoughts on what’s next for the Chinese telecom company – NYTimes

US national security panel CFIUS [who we last saw blocking Broadcom’s bid for Qualcomm] has signed off on the $2.7 billion takeover of insurer Genworth Financial by Chinese conglomerate Oceanwide Holdings Group.  To gain CFIUS approval, the two companies promised they “would take extraordinary steps to secure Americans’ personal data” – WSJ

The Upshot gives us a primer on a topic in the news these days: trade deficits – NYTimes

The Fed meets this week and is expected to make another gradual increase to benchmark interest rates when FOMC meetings wrap on Wednesday – Bloomberg and WSJ

Heading to the beach but can’t leave the markets behind you? Why not try the hedge fund summer reading list – Bloomberg

After yet another massive round of fundraising [$14 billion in the bank], Jack Ma’s Ant Financial now has a market cap greater than two of the four banks that helped run its fundraising – WSJ

We’ll be watching [perhaps not as anxiously as others] the D.C. District Courts this week. Judge Richard Leon is expected to issue a decision tomorrow in the DOJ’s suit to stop AT&T from buying Time Warner in a $85.4 billion deal that’s all about the potential limits of vertical integration – NYTimes

I mean, part of you can’t help but love that Elon has forgone ICOs in favor of flamethrowers, right? – Bloomberg

On the power (and magic) of a cardboard box – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Robins Kaplan LLP | Attorney Advertising

Written by:

Robins Kaplan LLP

Robins Kaplan LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide