Industry Week

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  1. “Today’s announcement really demonstrates a commitment to the steel industry and steelworkers," says Canada's industry minister.
  2. Both companies are vulnerable if they stumble. A misstep at Nestle could strengthen the hand of an activist investor; at Unilever, it could attract one.
  3. Honeywell flagged potential costs in the “hundreds of millions of dollars” from higher Chinese and U.S. tariffs, which it intends to mitigate by raising prices and changing some suppliers.
  4. The decision dramatically increases the number of companies that 'touch' a single shipment.
  5. China “appears to be breaking WTO rules by denying foreign patent holders, including U.S. companies, basic patent rights to stop a Chinese entity from using the technology after a licensing contract ends,” according to the U.S. complaint.