Wall Street Journal – Feb 10,
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Activist investor Elliott Investment Management owns a stake in BP, the world's largest oil company. Elliott Investment Management will demand radical changes to improve BP's performance.
-US President Donald Trump announced that he would announce 25% tariffs on steel and aluminum imported into the U.S. on Monday.
Chinese officials are putting together a list of U.S. tech companies that they can target with antitrust investigations and other tools in order to influence the many executives from these companies who are part of President Trump's circle.
Russell Vought, the newly appointed Consumer Financial Protection Bureau head of the United States under President Donald Trump, announced that the bureau's HQ will be closed between February 10 and 14, 2018. He also ordered all staff to cease their supervision efforts. This is part of the administration's effort to revoke financial regulators' authority.
Elon Musk and U.S. Vice-President JD Vance criticized a federal court judge for limiting the ability of Musk's allies to use the Treasury Department Payment System, a sign that tensions between the White House courts and the White House are on the horizon.
(source: Reuters)