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Apple's helpers aren't feeling joyous, either. Foxconn Technology Group, the biggest assembler
of iPhones, aims to cut $2.9 billion from expenses in 2019 as it faces “ a very difficult and
competitive year.”
In an extraordinary statement for a U.S. Supreme Court chief justice, John Roberts, an
appointee of Republican President George W. Bush, criticized the Republican currently in the
White House for implying a federal judge appointed by Democratic President Barack Obama was
partisan. U.S. District Judge Jon Tigar this week blocked Donald Trump's latest effort to restrict
immigration.
U.S. fossil fuel producers say they expect to fix distribution issues tied to the Permian Basin next
year, adding three pipelines and as many as 2 million barrels of oil a day. For OPEC, it’s a very
bad dream come true.
Depressed about that money you just lost in your 401(k)? Don't feel too terrible, as it could have
been much worse—just ask these guys. Besides, the bleeding finally stopped today as most equity
benchmarks rose.
During his time Running Nissan, Carlos Ghosn earned a lot more than his Japanese peers, but
not nearly as much as other global auto leaders.
What is Joe Weisenthal thinking about? The Fed. The Bloomberg news director has bad tidings
for those of you who think the market's recent calamitous behavior might slow planned rate hikes.
What you'll need to know tomorrow
° China warns economists on predictions that don't toe the Party's line.
° Dolce & Gabbana faces China boycott for "racist" videos.
° The EU extended a stiff-arm to the U.K. over Sunday Brexit talks.
° General Electric could be a $41 billion problem for these banks.
° Scared investors will force Trump to deal on trade, TIAA Bank says.
° A Boeing 737 narrowly avoided disaster on takeoff from Belfast.
° George Papadopoulos? Robert Mueller says lock 'em up.
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