A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Wall Street analysts were largely skeptical of Trump's announcement on Friday of a substantial trade deal.Marketsread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
The Treasury secretary expresses optimism that the U.S. and China have a workable first-phase agreement.Economyread more
The ITB, the homebuilder's ETF, has its highest level since January 2018. Craig Johnson, chief market technician at Piper Jaffray, thinks there could be even more room to run.Trading Nationread more
However, that doesn't mean it won't cause harm, says Gottlieb. "You can't inhale something into the lungs on a repeated basis and not cause some damage to the lung."Health and Scienceread more
Climate change activists targeted BlackRock, the world's biggest asset manager, in London on Monday, demanding that the world's major financial institutions stop funding what...Environmentread more
The Salesforce CEO called for the establishment of a "new capitalism" that's partly funded by taxing the rich.Technologyread more
Industrials are gearing up for big gains, says Piper Jaffray's Craig Johnson. Here's one way to play the breakout.Trading Nationread more
May 2 (Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc backed a nominee from hedge fund-owned MNG Enterprises Inc for the board of newspaper company Gannett Co Inc on Thursday, adding a twist in the fight for control of the media company.
Newspaper chain MNG Enterprises made a $1.36 billion offer to acquire Gannett earlier this year, but has been rebuffed by the publisher of USA Today and scores of other newspapers.
The proxy adviser said that support for MNG Enterprises nominee Steven Rossi is warranted, but recommended Gannett shareholders to withhold votes for nominees Heath Freeman and Dana Needleman.
"This approach will ensure that the Gannett board properly considers MNG's offer and other strategic alternatives, while minimizing downside risk should a deal not materialize, which is a concern given financing and other sources of uncertainty," ISS said in a report.
Hedge fund Alden Global Capital LLC controls MNG Enterprises Inc, which owns more than 200 newspapers.
Gannett's annual general meeting, when voting results for the board will be counted, is on May 16. (Reporting by Jessica DiNapoli in New York and Saumya Sibi Joseph in Bengaluru; Editing by Arun Koyyur)