Latest in Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
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Ex-adviser: Trump didn't promise to pardon all Jan. 6 protesters
One of President-elect Trump’s former campaign advisers said the incoming commander in chief didn’t promise to pardon all Capitol insurrectionists, as speculation swirls over how broad Trump's ...The Hill - 2d -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - 2d -
Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.CNBC - 2d -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - 2d -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - 2d -
Trump says he'll replace National Archives leader
President-elect Trump said on Monday that he’ll replace the National Archives and Records Administration (NARA) leader. “We will [have a] new archivist,” Trump told conservative radio host Hugh ...The Hill - 2d -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - 2d -
5 Supreme Court Cases That Could Have a Big Impact on Small Businesses in 2025
These cases will shape business decisions for years to come, according to legal experts.Inc. - 2d -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - 2d -
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Trump promises pardons for Jan. 6 Capitol rioters
President-elect Donald Trump has promised pardons for those who stormed the Capitol four years ago to try to disrupt the certification of President Biden's election win. CBS News political ...CBS News - 3d -
Trump promised pardons for January 6 rioters in ‘first hour’ of his second term. What might this mean?
Observers raise alarm about how pardons for convicted Capitol attackers might weaken US criminal justice system. As Donald Trump prepares to return to the White House, politicians, legal observers ...The Guardian - 3d -
Data Centers Need to Look Beyond Green Energy, Siemens Says
Operators must find an alternative solution to the AI energy-consumption conundrum, Siemens’s Smart Infrastructure CEO said.The Wall Street Journal - 3d -
Maga vs the billionaires
Trump’s fragile coalition is already splintering over immigrationFinancial Times - 3d -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump is rejected
A Washington Post cartoonist has quit her role at the paper, saying that her bosses blocked publication of a satirical cartoon that depicted billionaires, including one resembling Post owner Jeff ...NBC News - 4d -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump rejected
A rough sketch of the cartoon shows several men resembling corporate billionaires kneeling before a man wearing a suit and a long tie, representing Trump.CNBC - 4d -
Lawmakers brace for Trump's promised Jan. 6 pardons. Some are urging restraint
The fourth anniversary of the Jan. 6 attack on the Capitol has a new focus as lawmakers brace for the prospect that Donald Trump may soon pardon many of the more than 1,500 people charged with ...ABC News - 4d -
Phantom data centers: What they are (or aren’t) and why they’re hampering the true promise of AI
So-called fake data centers are a bottleneck to scaling infrastructure to keep up with compute demand for AI and other critical workloads.VentureBeat - 4d -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - 4d -
Eye on America: First U.S. sub built with women in mind, and veterans gain business skills
In Virginia, we step aboard the USS New Jersey, the Navy’s first submarine designed with women in mind. And in Washington D.C., we spotlight a program that’s empowering veterans with business ...CBS News - 5d -
DOJ calls on Supreme Court to deny Trump's request to delay TikTok ban
The Justice Department urged the Supreme Court on Friday to deny President-elect Trump’s request to postpone their ruling on a TikTok ban set to be implemented the day before his inauguration. ...The Hill - 5d -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - 5d -
It’s tough at the top – but which business leader has the most at stake in 2025?
From post and planes to TV, phones and retail chains – and even a central bank – here are the chiefs facing the most testing of times. A year is a long time in business: enough time for things to ...The Guardian - 5d -
Honduran Leader Threatens to Push U.S. Military Out of Base if Trump Orders Mass Deportations
In pushing back against President-elect Donald J. Trump’s plan, President Xiomara Castro threatened that a base hosting U.S. troops could “lose all reason to exist in Honduras.”The New York Times - 5d -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - 5d -
1 cigarette can decrease life expectancy by 20 minutes: Data
In 2000, data published in The BMJ estimated one cigarette would cost a person 11 minutes of their life.The Hill - 5d -
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Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - 6d -
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.CNBC - 6d -
Trump has made a lot of Day One promises. Which will he keep?
Way up on his list of Day One priorities is his promise to begin rounding up and deporting immigrants who snuck into this country — and those who committed serious crimes would be the first to go.The Hill - 6d -
Broccoli sold by Walmart in 20 U.S. states recalled over listeria risk
Broccoli florets from California grower and sold at more than 1,000 Walmart stores are recalled because they could contain listeria.CBS News - 6d -
As Musk’s Influence Grows, So Do Questions Over U.S. Probes Into His Business Empire
As the billionaire and ‘First Buddy’ to Trump aligns with the center of U.S. political power, it’s unclear how his connections could affect several government investigations into his companies.Inc. - 6d -
Amazon Workers Return to the Office Today. Business Leaders Are Watching
All eyes are on the tech giant as its return-to-office mandate goes into effect, but some surveys show the policy could turn employees away.Inc. - Jan. 2 -
Bangladesh court again rejects bail for Hindu leader who led rallies
A court in southeastern Bangladesh has rejected a plea for bail by a jailed Hindu leader who led large rallies in the Muslim-majority country demanding better security for minority groupsABC News - Jan. 2