UNITED STATES
- Futures are up slightly after yesterdays selloff but the DOW and S&P500 are still on track for their worst December since the Great Depression
- The Fed felt the market and investors felt the pain after rates were raised yesterday and predictions for GDP growth next year were lowered
- The Senate passed a bill to keep the government funded until Feb. 8
OTHER
- The EU announced plans to minimize the disruption that would be caused if Britain leaves the EU without a deal in March
- They will allow British airlines to continue flying to EU airports and let trucks cross the border without a permit on a temporary basis
- A Japanese court refused a request to keep Carlos Ghosn, the former boss of Nissan, in prison
- AB InBev, brewers of Budweiser, is partnering with cannabis company Tilray in a $100 million deal
- The project will be run by InBev's Canadian subsidiary Labatt Breweries
- Altria, the makers of Marlboro, will purchase 35% of JUUL e-cigs for $13 billion -- just weeks ago Altria purchased a stake in cannabis company Cronos
CHINA
- Apple will try to avoid a ban on older iPhones in China with a software update that addresses patent issues
- A third Canadian has been detained in China since the arrest of Huawei’s CFO
Submitted December 20, 2018 at 07:23AM by ogordained https://ift.tt/2LrmtU6
