Luke Vargas
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jobs report since President Trump's Liberation Day tariff announcements and the scheduled end of the de minimis exemption for shipping lower-value goods to the U.S. from China, which had boosted the fortunes of Xi'an and Temu in recent years. And as if the week wasn't busy enough, we've had a slew of M&A announcements this morning.
jobs report since President Trump's Liberation Day tariff announcements and the scheduled end of the de minimis exemption for shipping lower-value goods to the U.S. from China, which had boosted the fortunes of Xi'an and Temu in recent years. And as if the week wasn't busy enough, we've had a slew of M&A announcements this morning.
Shares of Deliveroo hit a three-year high in London after the food delivery company said it received a more than $3.5 billion takeover approach from DoorDash. Meanwhile, Airbus is taking over key U.S. and European assets from supplier Spirit Aerosystems, which rival Boeing agreed to buy last year.
Shares of Deliveroo hit a three-year high in London after the food delivery company said it received a more than $3.5 billion takeover approach from DoorDash. Meanwhile, Airbus is taking over key U.S. and European assets from supplier Spirit Aerosystems, which rival Boeing agreed to buy last year.
The carve-out secures crucial parts for Airbus' commercial aircrafts and comes ahead of this week's self-imposed deadline for Boeing to finalize its takeover of Spirit. And we've also had multi-billion dollar deals involving German pharmaceutical company Merck, which is buying Springworks Therapeutics, and between Spanish banks Mediobanca and Banca Generale.
The carve-out secures crucial parts for Airbus' commercial aircrafts and comes ahead of this week's self-imposed deadline for Boeing to finalize its takeover of Spirit. And we've also had multi-billion dollar deals involving German pharmaceutical company Merck, which is buying Springworks Therapeutics, and between Spanish banks Mediobanca and Banca Generale.
Check out WSJ.com for more on all of those deals and how investors are reacting. Coming up, Canada heads to the polls in what's set to be a major election upset and a referendum on ties with America, and how buyers are being priced out of the red-hot Midwest housing market. We've got those stories and more after the break.
Check out WSJ.com for more on all of those deals and how investors are reacting. Coming up, Canada heads to the polls in what's set to be a major election upset and a referendum on ties with America, and how buyers are being priced out of the red-hot Midwest housing market. We've got those stories and more after the break.
Canadians are voting in a general election today to decide who will lead the country amidst the economic uncertainty it faces and negotiate with President Trump over trade and security. Just a few months ago, the Conservative Party, under leader Pierre Polyev, held a more than 20-point polling lead over the governing Liberals.
Canadians are voting in a general election today to decide who will lead the country amidst the economic uncertainty it faces and negotiate with President Trump over trade and security. Just a few months ago, the Conservative Party, under leader Pierre Polyev, held a more than 20-point polling lead over the governing Liberals.
But that is until Prime Minister Justin Trudeau was replaced by former central bank governor Mark Carney and President Trump announced tariffs. And now the liberals are polling with a three-point lead over the conservatives. We need to fight Trump's tariffs with counter tariffs of our own that cause maximum damage in the United States with minimum impact here.
But that is until Prime Minister Justin Trudeau was replaced by former central bank governor Mark Carney and President Trump announced tariffs. And now the liberals are polling with a three-point lead over the conservatives. We need to fight Trump's tariffs with counter tariffs of our own that cause maximum damage in the United States with minimum impact here.
Polyev, meanwhile, a career politician, has tried to make the election about inflation and housing prices that are among the highest in the world, which he blames on Trudeau's leadership over the last decade.
Polyev, meanwhile, a career politician, has tried to make the election about inflation and housing prices that are among the highest in the world, which he blames on Trudeau's leadership over the last decade.
Over the weekend, both leaders, along with the heads of Canada's other political parties, changed their campaign schedules in light of Saturday's attack in Vancouver, where 11 people were killed and at least 20 injured after a man drove through a crowd at a street festival, according to local police, who said the incident wasn't terrorism.
Over the weekend, both leaders, along with the heads of Canada's other political parties, changed their campaign schedules in light of Saturday's attack in Vancouver, where 11 people were killed and at least 20 injured after a man drove through a crowd at a street festival, according to local police, who said the incident wasn't terrorism.
The suspect was apprehended by bystanders at the scene and charged with eight counts of second-degree murder yesterday, though prosecutors say more charges are possible. Israel's government is under pressure to lift an aid ban on Gaza, with humanitarian supplies there running out after a blockade that's lasted almost two months.
The suspect was apprehended by bystanders at the scene and charged with eight counts of second-degree murder yesterday, though prosecutors say more charges are possible. Israel's government is under pressure to lift an aid ban on Gaza, with humanitarian supplies there running out after a blockade that's lasted almost two months.
Officials are now debating the best way to get supplies back into the territory without strengthening Hamas. The military reportedly favors working with international organizations that have distributed aid throughout the war, though some far-right officials want Israel to play a greater role in distributing the aid itself, not shying away from perceptions that Israel is an occupying force.
Officials are now debating the best way to get supplies back into the territory without strengthening Hamas. The military reportedly favors working with international organizations that have distributed aid throughout the war, though some far-right officials want Israel to play a greater role in distributing the aid itself, not shying away from perceptions that Israel is an occupying force.