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Situational awareness:

  • The Justice Department is investigating the residential real estate brokerage business, eyeing broker compensation and restrictions on access to listings. (Bloomberg)
  • One of China's most-wanted fugitives is running a movie company, promoting a cryptocurrency venture with Mike Tyson and has even posed for a photo with President Trump. (WSJ)
  • A new bill would provide about $700 million in grants to help U.S. telecoms with the cost of removing Huawei equipment from their networks. (Reuters)
  • The U.K. government has drawn up a plan to bail out British Steel, which collapsed into insolvency proceedings on Wednesday. (FT)