Lockheed nears massive fighter jet deal; Trump meets with tech CEOs; Qatar Airways fights back

Profitable Moment   Brexit discussions begin in earnest The Brexit talks have started. The early signs are that both sides have walked back from the vitriol and hard lines they took just after Article 50 was invoked and before the real work began.   The U.K. is expected to shift subtly away from the "no deal is better than a bad deal" mantra. And the EU's lead negotiator, Michael Barnier, has said that "for both the EU and the U.K., a fair deal is possible and far better than no deal." So it seems like both sides are finally behaving like adults.   That's not to say it won't get nasty. It will. The negotiators are the nice ones. It's the parliaments in Westminster and Brussels that will play rough with the final deal.  But I am getting ahead of myself now. Let's just concentrate on the talks. There will be one week of formal negotiations every month, with the rest of the time taken up by consultations and the refining of positions.   A process has begun. Now cross your fingers and hope that a good deal is struck. -Richard.Quest@cnn.com  What's new... what's next   By Matt Egan, Julia Horowitz and Paul R. La Monica of CNNMoney 1. Why top tech CEOs are meeting with Trump Six months ago, top tech executives met with President Trump for the first time. On Monday, they went back for round two. The CEOs of Apple, Microsoft, Amazon, and Alphabet joined more than a dozen other tech leaders for the first meeting of the American Technology Council. The goal, at least on paper, was to discuss ways how to modernize the government's technology systems. But the symposium comes after months of tensions. Trump's travel bans and his decision to withdraw from the Paris climate agreement may color talks. 2. Takata could be nearing the end of the road Takata's exploding airbags have forced the Japanese auto parts maker to recall tens of millions of vehicles around the world. Now, reports are swirling that the deadly scandal will drive Takata into bankruptcy. Trading in Takata was halted on Friday in response to the reports, and the shares crashed 17% on Monday once trading resumed. Takata said late Friday that "all options are being considered" for its restructuring but no decision has been made. 3. Lockheed nears a massive fighter jet deal One headline from the Paris Air Show: Lockheed Martin is close to a $35 billion to $40 billion deal to supply F-35 fighter jets to the United States and 10 allied nations over the next several years. That would more than double the total amount of airplanes the manufacturer has under contract, according to a company executive. Boeing also made news by announcing plans to develop a bigger version of its single-aisle 737 Max. The move is a clear swing at Airbus. 4. Qatar Airways fights back with 'no borders' ad Qatar's state-owned airline is reminding everyone -- most notably its Middle Eastern neighbors -- that the skies should be friendly. Qatar Airways launched an ad campaign that talks about how there should be "no borders" in the sky. It's an overtly political message, coming two weeks after the United Arab Emirates, Saudi Arabia, Bahrain and Egypt cut diplomatic ties with Qatar. This is particularly bad news for Qatar Airways. It has lost about 50 flights a day. 5. Quick Takes: Baby boy born on flight of Indian carrier Jet Airways gets free tickets for life Google announces a new crackdown on extremist videos shown on YouTube A pricey, home-cooked meal? Blue Apron could be worth $3 billion in IPO Elizabeth Warren wants Fed to remove nearly all of Wells Fargo's directors So long, Yahoo & hello, Altaba? After Verizon deal, Alibaba stub is all that's left Wall Street is betting that there could be a bidding war for Whole Foods Lump of coal: UPS says it will be charging more to deliver during the holidays Obamacare is still alive, but it is wounded in many big states 6. What's next: Will scandal ruin Fox's Sky bid? Rupert Murdoch has long sought full control of British satellite giant Sky. But 21st Century Fox's bid to acquire the rest of Sky has been called into question by the sexual harassment scandal at Fox News that led to the firing of Bill O'Reilly. A decision by British regulators on the Fox-Sky deal is expected to be made on Tuesday. FedEx delivering results: The shipping giant is slated to release earnings after Tuesday's closing bell. Wall Street is betting FedEx will impress as the company's stock has beaten the broader market and rival UPS so far this year. Adobe Systems, another winning stock in 2017 (up 36% year-to-date), is also scheduled to post numbers in the afternoon. Make this newsletter better. Please send us your feedback to CNNMoneyfeedback@turner.com Share Tweet Forward Sign up for CNN Money's morning markets newsletter: Before the Bell Sign up for CNN Money's closing markets newsletter: Markets Now Copyright © 2017 Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved., All rights reserved. You're receiving this newsletter because you opted in at cnn.com or cnnmoney.com. Our mailing address is: Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved. One CNN Center Atlanta, GA 30303 Add us to your address book unsubscribe from this list    update subscription preferences