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Check out what’s clicking on FoxBusiness.com. DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies announced on Tuesday after resuming negotiations last month. Deliveroo was approached by DoorDash with a 180 pence per share proposal, which was confirmed as the final offer, boosting Deliveroo by about 2% to 175.6 pence per share.Previous talks had stalled over disputes about Deliveroo’s valuation. DoorDash said it would not make a better offer unless a third party emerged with a competing bid. DOORDASH PARTNERS WITH PAY LATER SERVICE KLARNA TO OFFER US CUSTOMERS FLEXIBLE FINANCING DoorDash will purchase British rival Deliveroo for…

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Rome CNN  —  When the cardinals enter the Sistine Chapel on Wednesday at the start of conclave, the process of electing a new pope, they will be sealed off from the world. But that doesn’t stop people trying to influence the thinking of the 133 prelates who will choose a successor to the late Pope Francis. The electors are allowed to take in written materials and, in the days leading up to the conclave, have been offered a book on their fellow cardinals – one which contains a clear message. Titled “The College of Cardinals Report,” it offers profiles on…

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Washington CNN  —  President Donald Trump has been making false claims about Canada for months. He did it again in the days leading up to his scheduled Tuesday meeting with Prime Minister Mark Carney. In an interview that aired Sunday on NBC, Trump made Canada’s military spending sound much smaller than it is and made the US trade deficit with Canada sound much bigger than it is. And in a late-April interview with The Atlantic, he exaggerated the extent of Canada’s trade reliance on the US. Here is a fact check of these claims – and a bunch of others…

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US meal delivery firm DoorDash will buy British rival Deliveroo for £2.9 billion ($3.9 billion), the companies said Tuesday, as they look to expand their reach and take on competition. The acquisition will help DoorDash grow its market share in Europe, competing against Just Eat and Uber Eats. Britain and Ireland are Deliveroo’s largest market, accounting for 62% of the value of its orders in its latest quarter. Deliveroo’s other large markets include France and Italy. The companies rekindled talks last month after DoorDash approached Deliveroo with a 180 pence per share proposal, which was confirmed Tuesday as the final…

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New York CNN  —  About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the information and insights company suggests that a significant number of Americans with student loan debt are not able to make payments, did not know payments were due or decided not to pay. The findings come as the Department of Education has vowed to restart collecting federal student loans in default starting Monday following a Covid-era pause. TransUnion found that as of February, a record 20.5%…

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Washington CNN  —  Canadian Prime Minister Mark Carney will visit US President Donald Trump at the White House on Tuesday in what could be one of the most contentious meetings between the neighboring countries’ leaders in years. Canada is America’s second-biggest trading partner and one of its closest allies on many fronts, from national security to commerce. But Trump’s aggressive tariff blitz in recent months has undermined that longstanding relationship — and inadvertently helped Carney consolidate political power. In a stunning rebuke to Trump, Canada’s Liberal Party, with Carney as its leader, won federal elections last week, putting the newly…

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CNN  —  President Donald Trump has renewed his threat of using military force to annex Greenland, saying in an NBC News interview he wouldn’t rule it out to make the self-governing Danish territory a part of the United States. It’s the latest in Trump’s many comments about seizing control of the resource-rich island, which he insists the US needs for national security purposes. “I don’t rule it out,” he told NBC News’ Kristen Welker in an interview that aired on Sunday. “I don’t say I’m going to do it, but I don’t rule out anything.” “We need Greenland very badly,”…

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Johnstown, Pennsylvania CNN  —  The centerpiece of Donald Trump’s hardline attempts to deport undocumented immigrants using a wartime power has been met with resistance by federal courts, including among judges Trump himself has appointed. The latest, on Monday, was district Judge Stephanie Haines, presiding over a federal court in Johnstown, Pennsylvania. The administration argued to Haines that it should be able to use the Alien Enemies Act to deport migrants from the US with little advance notice. Haines had already temporarily blocked the Trump administration from sending suspected Tren de Aragua gang members from Venezuela to El Salvador if they…

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New York CNN  —  One of America’s closest allies recently raised eyebrows for threatening to fire off the ultimate financial weapon against Washington in trade talks: dumping US debt. Japanese Finance Minister Katsunobu Kato, whose country is the biggest holder of US Treasuries, said on Friday that selling the assets is a “card on the table” in tariff negotiations, according to The Associated Press. “It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said. Two days later, the Japanese official walked back the comment, stressing on…

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A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York CNN  —  President Trump’s trade war had, until Sunday night, centered on goods — cars, toys, food, clothes, the tangible stuff we put in and out of virtual and physical shopping carts. But those goods make up less than a quarter of the American economy. The bigger chunk of our economic pie is known as services — think Google, Netflix, Facebook, the plumbing of the internet, banking, insurance. And, yes, Hollywood films, the industry Trump now…

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