Mission reports of the deal late last week since those report to the stock has shot up 16 percent with a 5 percent bump on monday alone schwab witnessed an 8 percent spike on the news as well. Now were going to transition from the finance world to the world of high fashion levittown Moet Hennessy has announced a deal to buy tiffany and company for a 16200000000. 00 confirming the purchase that has been in the works for a few weeks l b m h will make the acquisition via an all cash deal pricing tiffany at 135. 00 per share all the major lot of the purchase say the acquisition of tiffany will strengthen the mh is position in jewelry and further increase their presence in the United States on the news stock and tiffany is up more than 6 percent while the m h is up a mere 1. 5 percent and were going to move into big pharma now swiss drug maker novartis will take over the Medicines Company in an effort to secure a cholesterol lowering injection called include the deal puts them in a position
Shell just from the. End of this trial unfortunately you. Will still not know all children. This is blue bus broadcasting around the world and covering all aspects of our Global Economy in the 21st century and im fair man to say ok here in washington heres what coming up today a phase one trade deal between the u. S. And china could be on the horizon but we have heard before havent we well jeff. Tucker the editorial director at the American Institute for Economic Research joins us to discuss the possibility and what this is doing to the level of market londons transportation regulator has stressed over them to operate in the j. V. Legal journalist molly barrows hopped in the drivers seat to tell us what this means for the writing sharing giant and more chinese law change companies are issuing their own cryptocurrency rather than focusing on general block applications crypto currency analyst joins us to break down why this might be an issue with a packed show today so lets dive right in
A hostile takeover. According to guidelines issued by the government china said it will raise penalties on intellectual property theft this is an attempt to address a major Sticking Point in the ongoing us china trade war the worlds 2nd largest economy is also looking to lower the threshold for criminal punishments for those who steal i p the u. S. Wants china to crack down on ip theft and to stop forcing American Companies to hand over their commercial secrets as a condition of doing business there the 2 countries are working toward a phase one trade deal theyre very close to signing that agreement a global times also treated china in the u. S. Are close to that one trade deal and China Remains committed to continuing talks for a phase 2 or even a phase 3 deal with the u. S. Earlier today when asked about that trade deal Chinese Ministry of Foreign Affairs spokesperson reiterated china stands on a quality and neutral stance. To moment or. Guarding the china u. S. Trade issue our stanc
Crisis as u. S. Lawmakers take a stand on human rights. And americas largest ecigarette maker is accused of targeting teenagers and mr. Presenting the safety of its products. Mis representing the safety of its products. U. S. Ambassador to the European Union has told the impeachment inquiry and washington President Donald Trump did want a Court Program deal. Gordon sondland told members of congress there was a campaign led by the president to pressure ukraine to investigate joe biden. Sondland says it was communicated through rudy giuliani. The ambassador said that he linked the u. S. Military aid to the ukraine was dependent on the increased demand about trump. Iveting testimony that we heard from Gordon Sondland today. What could this mean for the president . Does it assure his impeachment . Dont tnk i hink you can underestimate how significant the testimony we heard today was your here was Gordon Sondland, who donald trump although a few hours ago said he hardly knew the man, new hi
, because of tariffs. Here is the question. Is the president getting ready to take a softer approach to tariffs . Well be asking our china experts coming up. And more hong kong protests this weekend, organizers say 1. 7 Million People brave the rain to hold a very peaceful demonstration yesterday. Well get a live report from hong kong later this morning. And get this, the business round table, the top ceo group led by Jpmorgan Jamie dimon saying maximizing shareholder profit, your wealth, can no longer be the primary goal of big corporations. Whats up with that . Varney company monday edition starts right now. President trump china is doing very very poorly. Theyve had i just saw a report theyve had the worst year they had in 27 years because of what ive done, and they want to come to the negotiating table. Theyre losing millions and millions of jobs in china, and were not paying for the tariffs , china is paying for the tariffs, for the other countries it may be that if i do things wi