published Jun 29th 2017, 5:20 pm, by Tony Capaccio (Bloomberg) —President Donald Trump’s administration proposed its first arms sales to Taiwan, a $1.3 billion package of early-warning surveillance radar, anti-radar air-launched missiles and naval torpedoes. While China objects to any arms sales to Taiwan, the proposal that the administration sent

published Jun 28th 2017, 6:15 pm, by Molly Schuetz, Jordan Robertson and Nico Grant (Bloomberg) —The global cyberattack that has been wending its way across continents since Tuesday started creating real consequences at some businesses even as the virus’s spread seemed to be abating. FedEx Corp. said it could suffer

published Jun 26th 2017, 7:50 am, by Stephanie Baker and Matthew Monks (Bloomberg) —Only 16 months ago, the Russian billionaire Mikhail Fridman and his business partners happily sank $200 million into Uber. But now Fridman’s investment company, LetterOne, has pulled out of an even bigger U.S. investment to avoid resistance from

published Jun 28th 2017, 4:00 pm, by Adam Minter (Bloomberg View) —The U.S. State Department’s decision to name China one of the world’s worst offenders in human trafficking was greeted with predictable resentment in Beijing. With some justification, Chinese officials argue that they’re at least trying to tackle a difficult

published Jun 27th 2017, 12:02 pm, by Dina Bass and David Ingold (Bloomberg) —On Sunday, Jan. 29, Microsoft Corp. President Brad Smith convened a conference call with top lawyers and policy staffers of Apple Inc., Amazon.com Inc., Facebook Inc., Alphabet Inc.’s Google and other technology companies, according to people familiar

published Jun 27th 2017, 6:09 pm, by Hailey Waller (Bloomberg) —American drivers are preparing to hit the road this Fourth of July as seasonal gas prices plunge to their lowest in 12 years. U.S. drivers will pay an average of $2.21 a gallon for gasoline over the holiday weekend, the

published Jun 27th 2017, 4:06 pm, by Jeremy Herron and Dani Burger (Bloomberg) —U.S. equities fell the most in six weeks and a measure of market volatility spiked higher as investors grew uneasy amid a global cyberattack and a fresh setback to the Republican agenda in Washington. Treasuries plunged as

published Jun 24th 2017, 10:30 pm, by Iain Marlow and N. C. Bipindra (Bloomberg) —Indian Prime Minister Narendra Modi meets U.S. President Donald Trump on Monday in a White House visit that will allow the leaders to build personal rapport but is less certain to produce significant progress on issues

published Jun 26th 2017, 3:52 pm, by Tim Ross and Simon Kennedy (Bloomberg) —The European Union demanded Britain go further to guarantee the rights of millions of EU citizens after Brexit, in a blow to Prime Minister Theresa May’s hopes for a swift deal. Michel Barnier, the bloc’s chief negotiator,

published Jun 26th 2017, 6:00 pm, by Sheela Tobben and Laura Blewitt (Bloomberg) —Late last month, an oil tanker that measures three football fields long and six stories high moved slowly through the port of Corpus Christi, Texas, to test the waters of America’s booming crude-export industry. After navigating the