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  • Smithfield Foods Inc. bacon sits on display for sale at a supermarket in Princeton, Illinois, U.S.

    Starboard Value is pressuring Smithfield to explore a break-up rather than go ahead with a $4.7 billion takeover by a Chinese meat producer.

  • U.S. stock index futures turned lower Friday, following a sharp rally in the previous session that propelled all three major averages by more than 1 percent each, but concerns remained over whether central banks will pare back their stimulus programs.

  • Some of the names on the move ahead of the open.

  • Some of the names on the move ahead of the open.

  • Some of the names on the move ahead of the open.

  • Decades-old laws barring foreign ownership of farmland may complicate Shuanghui's $4.7 billion planned purchase of Smithfield Foods.

  • Some of the names on the move ahead of the open.

  • xi-jinping-200.jpg

    As Presidents Obama and Xi Jinping meet this weekend, China's aggressive actions and halting cooperation on a growing list of issues undermine the U.S. economy and national security.

  • A Chinese vendor carries a slaughtered pig to his motorcycle at an abattoir, as he heads back to his stall at a market in Hefei, east China's Anhui province.

    Americans know that the U.S. keeps a huge petroleum reserve, but China takes stockpiling to an entirely different level: It runs a strategic pork reserve.

  • U.S. securities regulators froze the assets of a Thailand-based trader, alleging he reaped illegal profit ahead of Smithfield Foods acquisition by a Chinese company.

  • SEC Goes After Thai Trader, Freezes Assets

    The SEC alleges a Thailand trader made $3 million in profits ahead of the Smithfiled deal, reports CNBC's Eamon Javers.

  • China's top hog butcher is taking on a daunting new job persuading Americans to allow him to complete China's biggest takeover of a U.S. company.

  • Jon Huntsman, former U.S. Ambassador to China and onetime GOP presidential hopeful, makes an appearance during the 2012 campaign.

    Obama's cyberhacking talks with China can have only a "limited" impact, former ambassador Jon Huntsman tells CNBC.

  • The General Motors (GM) building in New York

    A group of investors, including Chinese real estate tycoon Zhang Xin, paid about $1 billion for a New York office building in the latest sign of a U.S. commercial real estate market recovery.

  • 401k-egg-pennies-93.jpg

    BlackRock boss Larry Fink and Budget Chairman Rep. Paul Ryan sound the alarm on Americans' insufficient retirement savings and what needs to be done to grow their nest eggs.

  • A butcher chops pork at a market in Shanghai.

    The proposed $4.7 billion acquisition of Smithfield Foods by China's Shuanghui International is unlikely to change pork-buying habits of American consumers.

  • China's largest acquisition to date of a U.S. company, Smithfield Foods, is raising eyebrows among market watchers who question China's interest in taking possession of one of America's largest food producers.

  • China in Hog Heaven

    Smithfield Foods bought by China's largest meat producer, Shuanghui, is facing regulatory and political scrutiny, reports CNBC's Michelle Caruso-Cabrera.

  • Japan's benchmark index skidded below the 14,000 mark to a one-month low on Thursday, weighed down by a strengthening yen and volatile Japanese government bond yields (JGBs). The session brought the benchmark's total losses to 14 percent since last Thursday's plunge.

  • Ricin In Letter Sent to Bloomberg

    A letter sent to NYC Mayor Michael Bloomberg contained ricin, and Rep. Michele Bachmann won't seek a 5th term in Congress, reports CNBC's Seema Mody.