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U.S., China Agree on Outline to Settle ZTE ControversyU.S., China Agree on Outline to Settle ZTE Controversy

The U.S. and China have agreed on the broad outline of a deal that would save imperiled Chinese telecom giant ZTE, as the two sides move closer to resolving their trade dispute.

Starbucks Clarifies Policy on Allowing Nonpaying GuestsStarbucks Clarifies Policy on Allowing Nonpaying Guests

Starbucks tried to dig itself out of controversy by attempting to clarify a policy toward nonpaying guests that generated an onslaught of complaints that cafes would turn into homeless shelters and drug havens.

Sony to Buy Mubadala's Stake in EMI Music PublishingSony to Buy Mubadala's Stake in EMI Music Publishing

Sony has agreed to buy Mubadala Investment’s stake in EMI Music Publishing, which owns or administers over 2 million songs, including classics like “Over The Rainbow’ and recent hits including Hozier’s “Take Me to Church.”

Britain Unlikely to Review Comcast's Sky DealBritain Unlikely to Review Comcast's Sky Deal

Britain is unlikely to open an antitrust review into Comcast’s $30 billion bid for U.K. pay-TV company Sky, a government official said, removing a hurdle for the cable firm in a takeover battle that also includes Fox and Disney.

GE to Merge Rail Division With Wabtec in $11 Billion DealGE to Merge Rail Division With Wabtec in $11 Billion Deal

The deal will allow GE to raise cash to fund its turnaround and shed one of its oldest operations.

Egypt Clamped Down on Political Opposition---Next Up Is the EconomyEgypt Clamped Down on Political Opposition---Next Up Is the Economy

In the wake of the Arab Spring, the military has amassed a growing business empire, squeezing out private-sector competitors. Now, amid soaring inflation and high youth unemployment, popular resentment is mounting.

Mnuchin: U.S., China Have Suspended TariffsMnuchin: U.S., China Have Suspended Tariffs

The U.S. suspended its threat to put tariffs on $150 billion in imports of Chinese goods while negotiations with China continue, but President Donald Trump could still impose the tariffs if a deal between the two countries doesn’t progress, Treasury Secretary Steven Mnuchin said.

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