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Ford's rejection of Michael Cohen offer prompts Mueller inquiry

According to a report from the Wall Street Journal (sub. required), Michael Cohen, personal attorney to President Donald Trump, offered to provide consulting services to Ford. Reuters reports that Cohen touted his close connection to Trump, but his overture was quickly rejected before any specific fees were discussed, according to a person briefed on the matter. …read more […]

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North Korea Sets Date for Shutting Down Its Nuclear Test Site

North Korea has set the date to begin shutting down a major nuclear test site as it continues to pursue improved relations with the world. A ceremony will be held between May 23 and 25 for the dismantling of its northern nuclear test ground, weather permitting, the state-run Korean Central News Agency said Saturday, quoting the Foreign Ministry. North Korean leader Kim Jong Un has taken a series of steps this year to ease tensions with the U.S. and he is set to meet U.S. President Donald Trump for historic talks next month in Singapore. …read more […]

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Bayer CFO sees lower Monsanto synergies after divestments: Boersen-Zeitung

Bayer’s potential synergies from buying U.S. rival Monsanto will be lower than $1.5 billion because of anti-trust divestments, the German company’s Chief Financial Officer told Germany’s Boersen-Zeitung. The $1.5 billion savings targeted within three years are a “pro forma” synergy goal, which excluded the impact of divestments, Johannes Dietsch told the newspaper. “The basis for revenue synergies is now lower. …read more […]

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Are You Missing Out on 50% of Investing Opportunities?

At first glance, Michigan and Louisiana don’t seem to have much in common: One shares an extensive border with Canada, and the other is in the Deep South.

But the economies of these two states have an important similarity: Both derive more than a third of their gross domestic products (GDPs) from international trade.

They’re not exactly outliers, either. As you can see from this week’s chart, 40 of our 50 states would lose a double-digit chunk of their economies without international trade.

However, this chart isn’t about why trade is good or bad. It’s simply meant to remind you that there’s a …read more […]

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Mexico faces prospect of failure in NAFTA talks

MEXICO CITY (AP) — The top trade representatives of the United States, Mexico and Canada ended the latest round of talks on renegotiating the North American Free Trade without a deal Friday, less than a week before an unofficial deadline to get any agreement through the U.S. Congress. …read more […]