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Qualcomm is sinking after Trump blocked its $117 billion takeover by Broadcom citing national security (AVGO, QCOM, INTC)

Business Insider Tuesday, 13 March 2018
Qualcomm is sinking after Trump blocked its $117 billion takeover by Broadcom citing national security (AVGO, QCOM, INTC)· *President Trump issued an executive order Monday blocking Broadcom's takeover bid for Qualcomm, citing national security.*
· *Shares of Qualcomm sank on the news; while Broadcom rose slightly.*
· *It is a highly unusual move by a President.*

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News video: Trump has no intention of changing security advisor: White House

▶ Trump has no intention of changing security advisor: White House 00:37

National Security Advisor H.R. McMaster is seen outside the White House on Friday amid reports that President Trump plans to replace the three-star general. Rough Cut (no reporter narration).

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