Canada Drops Digital Tax That Infuriated Trump to Restart Trade...
(Bloomberg) — Canada withdrew its digital services tax on technology companies such as Meta Platforms Inc. and Alphabet Inc. in a move to restart trade talks with the US. Most...
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Zuckerberg Announces Meta ‘Superintelligence’ Effort, More Hires
(Bloomberg) — Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence group, including a commitment to developing AI “superintelligence,” or systems that...
Dealmakers Hit $1.8 Trillion as They Get Used to Trade...
(Bloomberg) — Big money takeovers of private companies helped drive mergers and acquisitions in the first half, as dealmakers got comfortable writing sizable checks in topsy-turvy markets. Most Read from...
Trump Deals Poised to Fall Short of Sweeping Trade Reforms
(Bloomberg) — With just 10 days to go until President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global...
Americans Cash Out on Gold Coins as Asian Investors Bulk...
(Bloomberg) — Americans who once snapped up gold bars and coins are offloading the assets while their Asian counterparts show no letup in bullion buying, a sign investors on opposite...
Saks Gets $600 Million Lifeline as Creditors Face Steep Losses
(Bloomberg) — Saks Global Enterprises has reached a $600 million debt deal with a number of its existing lenders that would force some creditors to accept losses and push them...
Wall Street’s Booming June Is Big Bet Against Economy Doomsayers
(Bloomberg) — Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global trade...
Two Workers for SEC’s EDGAR System Charged With Insider Trading
(Bloomberg) — Two men who worked for the Securities and Exchange Commission’s EDGAR public filing system were charged with insider trading after allegedly pocketing $1 million by stealing non-public information...
Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street
(Bloomberg) — The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899...
Trump Ends Trade Talks With Canada, Threatens to Set Tariff
(Bloomberg) — President Donald Trump said he was ending all trade discussions with Canada in retaliation for the country’s digital services tax and threatened to impose a fresh tariff rate...
