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U.S. stocks plunged at the open after China announced new tariffs on American goods, including airplanes and cars. The move comes after the U.S. threatened its own 25% tariffs on 1,300 product types.
A woman opened fire at YouTube’s HQ in San Bruno, Calif., injuring three before allegedly killing herself. The suspected shooter was identified as San Diego resident Nasim Najafi Aghdam.
CBS’ below-market bid for Viacom was “immediately rejected,” reported CNBC, with Viacom now set to make a counter offer. CBS wants CEO Les Moonves to lead the combined firm — but the two sides are battling over his second-in-command.
"He's spent so long fine-tuning CBS into the machine that he wants it to be." Brian Wieser, Pivotal Research analyst, on Les Moonves
Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Lorraine K. Lee
Art: Jacqueline Zaccor
Producer: Florencia Iriondo