And seriously and cautiously consider whether or not it should halt its sales negotiations the Chinese Ministry of Foreign Affairs for their part also weighed in on the situation monday. Chia the. China has repeatedly stated that we are going to to the u. S. Abuse of National Security concept and state unreadably suppressant lifting enterprise measure of other countries will move fundi us it to me with no economic bullying to manipulation tactics against non us companies. Whether it is legal to coerce transaction with the government mandatory transaction to do what the us has done is nothing short of actual words to robbery out of the interests not only violates murders and suppose but is also an irony your ship was a market economy and fair competition principles the us it has always advocated and joining us now to discuss this boom bust cohost investigative journalist ben swan whos been following this. Story but i want to start with these new regulations what specifically do they do.
This is boom bust the one business show you cant afford to miss friendship or in washington coming up a new chinese restrictions may cause problems with the sale of social media after the Us Operations as reports indicate a deal could happen within days will dig into the details chinas Manufacturing Sector is continuing to grow but what do these numbers mean for a Global Economic recovery will bring in some expert analysis to see what where things are headed and later a host of trade deals in jeopardy as the e. U. And u. K. Are deadlocked over certain provisions will go over what is holding up these talks we have a packed show today so lets dive right in. And we have hit a new and dramatic chapter in the fight over social media tick tock only days ago it looked like tick tock was about to announce its sale of u. S. Operations within a matter of days but now new rules from the Chinese Government may be able to actually block that sale late friday beijing announced new restrictions on th
I. This is boom bust that one business show you cant afford to miss friendship or in washington coming up new chinese restrictions may cause problems with the sale of social media after tax u. S. Operations as reports indicate a deal could happen within days well dig into the details plus chinas Manufacturing Sector is continuing to grow but what do these numbers mean for a Global Economic recovery will bring in some expert analysis to see what where things are headed and later a host of brechts in trade deals in jeopardy as the e. U. And u. K. Are deadlocked over certain provisions will go over what is holding up these talks we have a packed show today so lets dive right in. And we have hit a new and dramatic chapter in the fight over social media app tick tock only days ago it looked like to talk was about to announce its sale of u. S. Operations within a matter of days but now new rules from the Chinese Government may be able to actually block that sale late friday beijing announced
55,000 customers were notified here. But that was a possibility. Pg ande hopes to have an announcement actually before noon. That didnt happen, but they are mulling this over because the consequences are both great for the customers and great for pg ande as well in terms of time and energy and effort and cost. So at this point in time, we dont know, but we should know in minutes what is going on. We do know that as you said it has to do with the northern bay area, but also the sierra foothills and some very, very wide area of land that we are talking about. Most of it is not terribly well populated, but still, there are people out there and they would be in a situation where they might lose their power. So the minute we know anything, we will come back. No doubt in this newscast and tell you what is going to happen. We arent sure yet. As soon as we know, well bring it to you live. And meteorologist rosemary still has details on the warm up expected today and tomorrow and the redflag wa
The latest earnings results. Apple apologizing after online backlash. Quick check on markets. Three straight weeks of gains, the best since february. Mixed data coming through. Consumer confidence falling because of lingering inflationary issues. Stoxx 600 on a tear in europe. Real run of good gains in europe. Earnings beat time after time. Bitcoin echoing risk aversion. Notably, first time you see Crypto Exchange volume falling in seven months. Slight reality bump. Warner bros. Discovery, best performer. David is looking to control costs. We could see more job cuts and a focus on profitability. Apple off a percentage point. We will get into the woes. Apple apologizes. Tesla down. Elon musk will be focusing on 500 million of investment in superchargers. He fired the entire team. Is this more to do with geopolitics and that the Biden Administration is set to unveil decisions on china tariffs next week targeting evs and batteries . Mike sheppard in washington. Incredible reporting. It se