Business > Donald Trump

Donald Trump and Kim Jong Un: A timeline of events

4 monthes ago   |   By ABC

President Trump's relationship with North Korea kicked off with a series of missile tests and tweets.
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Analysis: Has Trump blown chances for talks with NKorea?

4 monthes ago   |   By My Sanantonio

WASHINGTON - After inflating a bubble of expectation for a historic summit with North Korea, President Donald Trump popped it.
His withdrawal from a hastily arranged summit with Kim Jong Un drew strong criticism and some praise in Washington.
Trump opponents said he botched a delicate, diplomatic dance with North Korea, at the risk of fueling tensions, cold-shouldering allies like South Korea and making China less willing to put economic pressure on Pyongyang.
But some North Korea watchers said it was the right thing to do.
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These Stocks Are Getting Hit Hardest by the North Korea Summit Cancellation

4 monthes ago   |   By Fortune

Stocks plummeted Thursday, following President Donald Trump's cancellation of the much-anticipated summit with North Korean leader Kim Jong-un.
Trump canceled the June 12 meeting due to " the tremendous anger and open hostility " towards his administration in Kim's latest statement.
The North Korea-U.S. summit cancellation only accelerated an already low market responding to a slide in oil prices and uncertainty surrounding possible new tariffs on auto imports as earlier trade negotiations with China dwindled.
As of 1:37 p.m. ET, the Dow Jones Industrial Average was down 83.13, or .33%, at...
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Gold and Defense Stocks Rise as Donald Trump Cancels North Korea Summit

4 monthes ago   |   By Fortune

Following President Donald Trump's letter on Thursday canceling the summit with North Korean leader Kim Jong Un next month, investors appear to be bracing for more rockiness ahead.
The cancellation is the latest development in talks to potentially denuclearize North Korea. The nation and its southern sister vowed to work on removing nuclear weapons on the peninsula, and broker a potential peace treaty with the U.S.
The Dow Jones Industrial Average shed about 100 points by noon to 24,803, while “safe haven” asset, gold, inched up by 1%. At the same time, investors preparing for potentially...
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Defense Secretary Mattis explains what war with North Korea would look like

Defense Secretary Mattis explains what war with North Korea would look like

4 monthes ago   |   By Business Insider

President Donald Trump on Thursday cancelled a planned summit with North Korean leader Kim Jong Un.
The decision put North Korea and the US back to more warlike footing, and while its outcome remains to be seen, the consequences of war are well understood.
Secretary of Defense Jim Mattis described what a war with North Korea would look like back in June, 2017, calling it "more serious in terms of human suffering " than any war in 65 years and saying the US would "win at great cost."
President Donald Trump on Thursday cancelled a planned summit with North Korean leader Kim Jong Un, and in...
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Donald Trump Pardons Legendary Jim Crow-Era Boxer Jack Johnson

4 monthes ago   |   By Fortune

Three hours after canceling a summit with North Korean leader Kim Jong Un, and minutes after rolling back major parts of the Dodd-Frank law, all while markets continue to swirl over possible import tariffs on foreign cars, President Trump took a moment to pardon legendary Jim Crow-era boxer Jack Johnson.
Trump, flanked by boxing royalty from Lennox Lewis to Deontay Wilder to Rocky himself, Sylvester Stallone, signed a full posthumous pardon for Johnson, a black boxer and former heavyweight champion. Trump last month credited Stallone, the actor who portrayed Rocky Balboa in the iconic film...
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Donald Trump Declares Military ‘Ready' After Kim Jong Un Summit Collapses

4 monthes ago   |   By Fortune

President Donald Trump called the collapse of a planned summit with Kim Jong Un a setback for both North Korea and the world, and said the U.S. military is ready if necessary in the event of a conflict on the Korean peninsula.
"While many things can happen and a great opportunity lies ahead, potentially, I believe this is a tremendous setback for North Korea and indeed a setback for the world," Trump said at the White House hours after releasing a letter to Kim canceling the meeting.
Trump said he had spoken with Defense Secretary Jim Mattis and the leaders of South Korea and Japan. The...
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North Korea summit: Trump cancels meeting with Kim Jong Un

4 monthes ago   |   By ABC

President Donald Trump will not meet North Korean leader Kim Jong Un next month, he announced in a letter to Kim released by the White House Thursday morning, scrapping plans for what would have been a historic diplomatic summit.
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Versace fans are terrified that a $2 billion deal with Michael Kors will...

Versace fans are terrified that a $2 billion deal with Michael Kors will 'kill' the fashion brand. Here's what the companies say will actually change

Michael Kors is buying Versace in a $2.12 billion deal, the companies announced on Tuesday. Many fans expressed concern that the deal would be the death of Versace's reputation... Read more ...

Arby's parent company is acquiring American fast-food icon Sonic in a $2.3...

Arby's parent company is acquiring American fast-food icon Sonic in a $2.3 billion deal. We recently visited the burger chain for the first time - here's what it's like to eat there

Sonic is an American fast-food institution. On Tuesday, Arby's parent company Inspire Brands announced it would be acquiring Sonic in a $2.3 billion deal. While the Oklahoma... Read more ...

Protesters heckled Ted Cruz and his wife out of a DC restaurant, and Beto...

Protesters heckled Ted Cruz and his wife out of a DC restaurant, and Beto O'Rourke has come to his opponent's defense

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Dunkin' Donuts is dropping the 'Donuts' from its name, despite the fact it...

Dunkin' Donuts is dropping the 'Donuts' from its name, despite the fact it helped invent the word 'donut'

Dunkin' Donuts announced on Tuesday that it is officially dropping the "Donuts" from its name. The chain was crucial to the popularization of the word "donut" over "doughnut... Read more ...

Santander poaches UBS investment bank chief Andrea Orcel as new CEO

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UBS investment banking head Andrea Orcel has been appointed the new group CEO of Santander. Orcel, a nine-year veteran of Switzerland's largest bank, will join Santander from... Read more ...

'You can kiss the midterms goodbye': Republicans fear for their election...

'You can kiss the midterms goodbye': Republicans fear for their election fate if Democrats defeat Brett Kavanaugh

Republicans fear that a failure to confirm Supreme Court nominee Mitch McConnell could hurt their chances of keeping House and Senate majorities in the midterm... Read more ...

Michael Kors agrees to buy Versace

Michael Kors agrees to buy Versace

Michael Kors has agreed to buy the Italian designer Versace in a deal that has an enterprise value of 1.83 billion euros. The global fashion luxury group also announced it will... Read more ...

Facebook has started hemorrhaging key executives, and the timing couldn't be...

Facebook has started hemorrhaging key executives, and the timing couldn't be worse

Facebook has lost six key executives over the past year, following the departure of Instagram cofounders, Kevin Systrom and Mike Krieger. It means CEO Mark Zuckerberg is... Read more ...

China says the US has 'a knife to its neck' over trade talks

China says the US has 'a knife to its neck' over trade talks

A senior Chinese official has described dealing with the United States on trade as akin to negotiating with “a knife to China's neck”. The remark follows a string of... Read more ...

Labour officially says it will vote down Theresa May's Brexit deal

Labour officially says it will vote down Theresa May's Brexit deal

Labour is officially planning to vote down Theresa May's Brexit deal. The party will vote against the deal if it doesn't meet Labour's six Brexit tests "no ifs, no buts... Read more ...