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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Wall Street Journal

Nevada Is the Jackpot of Barrick's Push for Newmont

Mon, Mar 04, 2019

Barrick Gold’s bid to acquire rival gold producer Newmont Mining centers on a plan to combine portfolios and operations in the state of Nevada....

Disney Cuts Compensation for Iger in Fox Deal

Mon, Mar 04, 2019

Disney tweaked Robert Iger’s pay package, removing $13.5 million in potential salary and incentive awards available for the CEO after the company closes its acquisition of Fox assets....

U.S. Push on Food Trade Pressures EU

Mon, Mar 04, 2019

U.S. and European trade negotiators, under growing domestic pressure over agriculture, are set to meet again this week as clashing demands threaten to rekindle a tit-for-tat economic war. ...

Trump's Effort to Narrow the Trade Gap Has Flopped So Far

Sun, Mar 03, 2019

On Wednesday, the Census Bureau will likely report the U.S. last year registered the largest trade deficit in its history. How that happened is a lesson in the economics of imbalances....

Investors Scale Back Inflation Bets, Signaling Doubts About Growth

Mon, Mar 04, 2019

Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to turn stronger after a soft start to the year....

Cheniere Deal With China Signals Country's Key Role in LNG Exports

Mon, Mar 04, 2019

Cheniere Energy’s expected $18 billion deal to supply natural gas to China signals the company’s growing bet on the country, and China’s emergence as a top market for U.S. gas exporters....

Philip Morris Cuts Profit Forecast After Canada Court Ruling

Mon, Mar 04, 2019

Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada....

Facebook Sues Chinese Companies for Creating Fake Accounts

Mon, Mar 04, 2019

Facebook and Instagram sued four companies and three people based in China for creating and selling fake accounts, likes and followers, according to a posting on the social media giant’s website. ...

Ted Baker CEO Resigns After Misconduct Probe

Mon, Mar 04, 2019

Ray Kelvin, the founder and chief executive of British fashion retailer Ted Baker, has resigned with immediate effect following an investigation into his alleged misconduct....

Venezuelan Opposition Seeks U.S. Court's Help Protecting Citgo

Mon, Mar 04, 2019

Venezuela’s U.S.-backed opposition leaders asked a federal appeals court to refrain from carving up the country’s foreign assets, saying their loss would hurt the chances of political change in Caracas....