Quickly catch up on the day’s business news
Here’s what you might have missed Tuesday on CNN Business:
— The US and China are trading jabs on tariffs and that’s sent US stocks into a tailspin. Even so, the United States is still the best place to put your money.
— The US and China economies are deeply intertwined. That’s why the current trade war between the two superpowers won’t last.
— Update your WhatsApp now. The messaging service revealed a major security flaw that could let hackers access users’ phones. Here’s what we know about the company tied to the breach.
— Boeing had no new orders for planes in April. Customers aren’t just avoiding the troubled 737 Max, there were no orders for the 787 Dreamliner or the 777.
— The streaming wars continue. Disney is taking full control over Hulu from Comcast.
— Uber shares notched their first day in positive territory since its Wall Street debut last week, closing up more than 7%. But its shares are still 11% below their IPO price.
— Shares in Bayer fell 2% after a California jury found its Roundup weed killer was a cause of a couple’s cancer.
— Tesla’s much-ballyhooed $35,000 Model 3 only lasted about three months. The automaker is raising the price by $400.
— Watch out, Amazon. Walmart is rolling out one-day delivery services in Phoenix and Las Vegas.
— Burger King’s Impossible Whopper is gaining ground. The plant-based burger is now available in three new cities.