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China slaps new tariffs on US, and more news

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China
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.

YouTube
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
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.

Quote:
"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

Published in: News & Politics
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