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A group of powerful American investors closes in on a TikTok deal with China.
Plus, President Trump meets King Charles in a historic second state visit.
This is really Britain laying on the royal pizzazz thick to try and win over Trump and butter him up.
And buckle up, Market Watchers.
It's finally Fed Day.
It's Wednesday, September 17th.
I'm Caitlin McCabe for The Wall Street Journal, and here's the AM edition of What's News,
the top headlines and business stories moving your world today.
U.S. investors and President Trump are closing in on a TikTok deal with China and what could end a years-long saga over the social media platform's U.S. operations.
According to people familiar with the matter,
TikTok's U.S. business would be controlled by an investor consortium that includes Oracle,
Silver Lake, and Andreessen Horowitz.
Under a framework, the U.S. and China are finalizing as talks shift into high gear.
Art China bureau chief Jonathan Chang explains what the potential deal might look like.
So, first of all, the main thing to say at this point is that nothing is set in stone yet.