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Thursday, January 25, 2018

Trump administration backs bills to toughen foreign investment rules

WASHINGTON (Reuters) - The Trump administration supports bipartisan bills in Congress to toughen U.S. foreign investment rules amid growing concern about Chinese efforts to buy U.S. high-tech companies, the White House said in a statement on Wednesday.


from Reuters: Business News http://ift.tt/2Fchnqj

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Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money. from BBC News https://ift.tt/upf7MHS