Stocks

The Latest: Anadarko says it has a deal with Occidental

The Latest on bidding war for Anadarko Petroleum Corp. (all times local): 4:15 p.m. Anadarko says it has agreed to a buyout bid from Occidental Petroleum and will pay a $1 billion deal-termination fee to Chevron to end a rare bidding war in the oil patch.

Business Highlights

___ Escalation in Trump tariffs looms over US-China trade talks WASHINGTON (AP) — The two countries are sparring over U.S. allegations that China steals technology and pressures American companies into handing over trade secrets — part of an aggressive campaign to turn Chinese companies into world leaders in robotics, electric cars and other advanced industries.

How major US stock indexes fared Thursday

Stocks recovered much of an early swoon and ended moderately lower Thursday as a midnight deadline approached for the U.S. and China to reach a trade deal.