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As in only 1.5% of Chinese steel production lands on U.S. shores, where it accounts for less than 1% of total steel consumed.


As in U.S. manufacturers have added 222,000 new jobs in the past 12 months, reflecting the sector’s highest job growth relative to the overall economy in 50 years.


As in Porsche plans to invest $7B in EV technology by 2022, presenting a major challenge to Tesla at the high end.


“We have made important acquisitions over the past 30 months… including Mobileye and Altera… and our focus is on integrating them and making them successful.”
–Intel spokesman responding to WSJ reports the company may bid for Broadcom… which is bidding for Qualcomm… which is buying NXP Semiconductor. 

“We know there will be a correction at some point… it could be 20-40% depending on valuation.”
–J.P. Morgan co-President Dan Pinto


“The Government’s modeled price increase is so negligible that, given the inherent uncertainty of the exercise it is not meaningfully distinguishable from zero.”
–AT&T arguing in defense of its bid for TimeWarner that the combined company will have little leverage to raise monthly cable prices.