Allies retaliate against US as global trade war escalates

Yahoo Finance

Mon, Jul 2, 2018, 8:49 AM

In this article:

Yahoo Finance’s Melody Hahm, Rick Newman, Jared Blikre and Julia La Roche discuss today’s big stories.

Some of today’s topics include:

Futures lower as Trump gets tough on EU over trade
Trump believes auto tariffs will help him with EU trade deal
Canada hits US with $12.5B of retaliatory tariffs
Trump may drop World Trade Organization rules: Axios
Mexico chooses populist Lopez Obrador as next president
Trump delaying new NAFTA deal until after midterms
Nordstrom downgraded to ‘market perform’: Cowen
Novartis signs deal to sell EpiPen competitor in US
Netflix buying billboards in LA: Reuters
Dell to publicly trade again after tracking stock buyout
Facebook admits to sharing data after supposed 2015 end date
Tesla reaches Model 3 production goal
LeBron James signs $154M deal with Lakers

Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today
You won't believe the amount of money that the bottler intends to return to shareholders.
Motley Fool
Andreessen Horowitz partner says Google is an ‘amazing example’ of employing people in ‘BS jobs’: ‘Half the white-collar staff probably does no real work’
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
Fortune
Bill Gates Harvests $113 Million In Nebraska Farmland, Takes Out $700 Million In Loans
Over the past six years, billionaire Bill Gates has spent more than $113 million purchasing Nebraska farmland and has taken out two loans totaling $700 million against it. Gates owns about 20,000 acres of farmland in Nebraska, where longtime friend and fellow billionaire Warren Buffett resides. The farmland is held by more than 20 shell companies. Why would one of the world's richest people need to take out a loan? Many high-net-worth individuals borrow against their assets if they need money th
Benzinga
Former Yahoo CEO Marissa Mayer was Google’s first female engineer—only because she tried to delete a recruiter email and accidentally opened it instead
Mayer's career can be boiled down to a single wrong keystroke.
Fortune
Warren Buffett's $56 Billion Silent Warning to Wall Street May Portend Trouble for Stocks
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
Motley Fool
Signs of the Top? Warren Buffett Selling His Biggest Holding
Warren Buffett is selling his largest holding, and that's a huge deal.
Motley Fool
If You'd Invested $10,000 in General Electric Stock 10 Years Ago, Here's How Much You'd Have Today
Prepare yourself for a big shock.
Motley Fool
Nvidia Targets 'Perfect' Breakout — And 473% Growth
Featuring Nvidia, Cava, Chipotle and more, this stock screener highlights top-rated stocks to buy and watch right now.
Investor's Business Daily
Luminar says Tesla is biggest customer for its lidar sensors
Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla's electric vehicles that are sold do not use lidars and it is not clear where Tesla used the sensors.
Reuters
3M Cut Its Dividend: It's Time to Buy the Stock
The industrial giant has taken the right actions in cutting its dividend and clarifying its legal issues, and it is now fully in restructuring mode.
Motley Fool

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Allies retaliate against US as global trade war escalates

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Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today

Andreessen Horowitz partner says Google is an ‘amazing example’ of employing people in ‘BS jobs’: ‘Half the white-collar staff probably does no real work’

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Former Yahoo CEO Marissa Mayer was Google’s first female engineer—only because she tried to delete a recruiter email and accidentally opened it instead

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