Trump Trade: DOJ to speed up merger reviews by asking less of companies

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. MERGER REVIEWS: The Justice Department's antitrust division plans to announce on Thursday a new model for streamlining merger reviews that would quickly focus on the most apparent ways a deal might diminish competition, The Wall Street Journal's Dave Michaels reports, citing department officials. The move underscores the Trump administration's warmth toward dealmaking, which some critics say will erect roadblocks to challenging anticompetitive mergers, the author notes. The Justice Department recently allowed Paramount's (PSKY) proposed $81B acquisition of Warner Bros. Discovery (WBD). Outstanding merger probes include Transocean's (RIG) proposed $5.8B purchase of rival offshore drilling services firm Valaris (VAL). IRAN WAR: President Donald Trump stated on Truth Social, "A year ago the United States of America attacked, very powerfully, the Houthis, for their interference with commerce and trade, by shooting at ships. Since that time, and during our conflict with Iran, they have acted very.