Trump Says China Will Purchase 200 Boeing Jets
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.BOEING JETS:In a sit-down interview to be aired in its entirety later on Fox News, President Donald Trumpthat China's President Xi Jinping has committed to purchasing 200 Boeingjets, referring to the planes as "big ones."TRADES IN Q1:President Donald Trump made a bunch of stock and bond purchases with major American companies in Q1, spending tens of millions of dollars or more, Bill Allison of Bloomberg. The transactions were listed in documents filed with the U.S. Office of Government Ethics, which showed the president bought as much as $5M companies including in Nvidia, Oracle, Boeing, Costco. Six of Trump's trades involved Intel, with the administration taking out a 10% stake for $9B. Trump also made investments in Netflix, Paramount, and Warner Bros. Additionally, the president sold some of his stock, including $5M to $25M of his holdings in Microsoft, Meta, and Amazon.TAKEDA SETTLEMENT:The Department of Justice said Takeda Pharmaceuticalshas agreed to pay $13.67M to resolve allegations that it "knowingly caused the submission of false claims to Medicare and other federal health care programs by paying kickbacks to healthcare providers to induce prescriptions of Trintellix, an antidepressant medication that Takeda marketed and sold to treat major depressive disorder." The civil settlement resolves allegations that, from January 2014 to October 2020, Takeda paid improper remuneration to healthcare professionals to induce them to prescribe the antidepressant medication Trintellix in violation of the Anti-Kickback Statute.
