Taiwan plans to spend $40 billion on U.S. arms, increase defense budget The Washington PostTaiwan plans extra $40 billion in defence spending to counter China ReutersTaiwan's President to Seek an Extra $40 Billion for Military The New York TimesTaiwan puts $40 billion toward buying US weapons and building a defense dome AP News
Dick's Sporting Goods acquired Foot Locker for $2.4 billion. To ensure the tie-up doesn't become a drag on profits, the company is shrinking its footprint.