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China had just cleared up some of the White House confusion over who agreed to what at the G20 summit when Canada, at Trump administration request, threw a wrench in the works. The arrest in Vancouver of Huawei Technologies finance chief Wanzhou Meng, daughter of the firm’s founder, triggered outrage in China. Her extradition to New York on Iran sanctions charges would likely make things much, much worse.  

Here are today’s top stories

U.S. stocks ended the day down, but it was nothing compared with the dive they took earlier. A late rally in tech shares helped salvage matters.

America turned into a net oil exporter last week. It was a milestone, albeit a temporary one, after 75 years of dependence on foreign oil.

Bloomberg Businessweek’s second annual Bloomberg 50 is here. See who in business, entertainment, finance, politics, tech and science made the grade in 2018.

Eddie Lampert offered to buy Sears Holdings out of bankruptcy in a bid to save the failing retail empire he’s controlled for more than a decade.

The arrest of Wanzhou Meng is the equivalent of the dog catching the car, Tim Culpan writes for Bloomberg Opinion. The question now is this: Does U.S. President Donald Trump know what to do next?

When it comes to the top 10 cities for economic growth, India is set to dominate the world for a long time to come.

What's Joe Weisenthal thinking about? The Bloomberg news director is thinking about Friday, which is jobs day. Economists are looking for 198,000 new positions created and a steady unemployment rate of 3.7 percent. Forget about any change to stagnant hourly wage growth, though.

What you’ll need to know tomorrow

  • The biggest-ever bet on Bitcoin options is about to expire worthless.
  • Why Singapore and Malaysia are locking horns again.
  • Tesla has a plan to pay off almost $1 billion in debt due in March.
  • The cryptocurrency market crash is claiming more startup victims.
  • This former U.S. attorney general may be picked for the office again.
  • Loan deals are being scrapped or sold at big discounts.
  • No tweets from Trump as the market tanks. Just crickets.

What you’ll want to read tonight

We’ve all heard the stories: A scrappy traveler scores a round-the-world trip flying first class, all without spending a penny. On this week’s episode of Travel Genius, we have your five-point plan to master the points and miles game just like those fabled globetrotters.

 

To contact the author of this story: David Rovella in New York at drovella@bloomberg.net

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