TOP NEWS
Tariff Suspension
Wall Street rallied yesterday as the U.S. suddenly suspended plans for the latest tranche of tariffs against Chinese imports. President Trump, who has regularly maintained that the tariffs are paid by China rather than U.S. businesses: "We're doing this for Christmas season, just in case some of the tariffs would have an impact on U.S. customers." Stock market volatility may have also played a role. Either way, it seems trade talks are back on. Wall Street Journal
Hong Kong
Nancy Pelosi and Mitch McConnell have something in common: they've both been accused by China of trying to incite chaos in Hong Kong by commenting on the spiraling situation there. Foreign Ministry Spokesperson Hua Chunying: "The U.S. denied on many occasions its involvement in the ongoing violent incidents in Hong Kong. However, the comments from those members of the U.S. Congress have provided the world with new and powerful evidence on the country's involvement." CNBC
Boeing Fallout
Norwegian Air is axing its Ireland-U.S. routes and is blaming the grounding of Boeing's 737 Max. The airline's long-haul chief, Matthew Wood: "Since March, we have tirelessly sought to minimize the impact on our customers by hiring replacement aircraft to operate services between Ireland and North America. However, as the return to service date for the 737 Max remains uncertain, this solution is unsustainable." BBC
German Contraction
The German economy shrank last quarter by 0.1%, thanks to slower exports. Analysts say Brexit, the U.S.-China trade war, and the possibility of fresh U.S. tariffs on European car exports are all factors. Reuters
Cyber as an Innovation Driver
Innovating fast is often contingent on a well-orchestrated cyber program. Deloitte found that for most organizations to fully reap the benefits of new, digitally enabled technologies, they need to view cyber as a digital transformation priority.
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AROUND THE WATER COOLER
Proactive Twitter
Twitter is keen to stress that it's proactively policing its service these days rather than just reacting to user complaints about harassment and so on. It has tripled its tally of tweet-monitoring workers to 1,500 around the world, and is now grading them on how well they handle complaints, rather than how many complaints they handle. Fortune
MacBook Ejected
If you use a 15-inch MacBook Pro sold between September 2015 and February 2017, you may have trouble taking it on a plane in the U.S. Some of these machines have batteries that have been recalled due to posing a fire risk, and the Federal Aviation Administration now says they're not welcome onboard. By way of contrast, the Europeans are just asking passengers not to turn them on. Bloomberg
Tax Testimony
Facebook, Google, and Amazon are among the companies that will testify at a U.S. government hearing about the new French tax on digital giants' local revenues. The U.S. Trade Representative sees the tax as unreasonable. France isn't the only one playing this game, though: in the absence of international tax rules that properly address the nature of such global firms, other European countries are also introducing such taxes. Reuters
Hickenlooper Out?
Former Colorado Governor John Hickenlooper may quit the race to become the Democratic presidential nominee next year. The New York Times reports he may instead run for the Senate—his local seat is currently Republican. NYT
This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.
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