Latest in Softbank CEO and Trump to announce $100 billion investment in U.S. by firm
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Trump’s first 100 days: what are his top five priorities?
US president-elect’s aids and nominees are getting ready to swiftly implement his main campaign pledgesFinancial Times - Dec. 8 -
Walmart Just Made a Game-Changing Announcement, and It Only Cost $2.3 Billion
With its acquisition of TV-maker Vizio, Walmart is making a bet on the future.Inc. - Dec. 8 -
Biden administration announces almost $1 billion in additional weapons support for Ukraine
The Biden administration announced on Saturday nearly $1 million in arms support for Ukraine, the Department of Defense said in a press release. The $988 million assistance package will provide the ...The Hill - Dec. 7 -
White House announces nearly $1 billion in military assistance to Ukraine
President-elect Donald Trump's election victory has cast doubt on the future of U.S. aid for Ukraine.CBS News - Dec. 7 -
Trump campaign paid law firm employing RFK Jr. weeks after he endorsed Trump
Weeks after Robert F. Kennedy Jr.NBC News - Dec. 7 -
Chinese entrepreneur sued for fraud invests $30 million in Trump crypto venture
A $30 million investment in Donald Trump's new crypto venture made by a Chinese billionaire accused of fraud by the SEC is sparking concerns from government watchdogs.ABC News - Dec. 6 -
How Much Did Trump, Biden and Harris Raise? A Stunning $4.7 Billion.
That figure, which includes totals from the three presidential contenders’ main allied groups, emerged in the final federal filings of a staggeringly expensive campaign.The New York Times - Dec. 6 -
Elon Musk spent a quarter-billion dollars electing Trump, including financing mysterious 'RBG PAC'
Elon Musk poured more than $20 million into a mysterious super PAC at the end of 2024, part of more than $250 million he spent overall to boost Donald Trump.NBC News - Dec. 6 -
Executives seek more protection after killing of UnitedHealthcare CEO Thompson, says risk management firm Kroll
High-level corporate officers are seeking additional security protection after the killing of UnitedHealthcare's CEO in New York, top risk management firm says.CNBC - Dec. 6 -
Trump announces new role for his administration: 'White House AI and crypto czar'
Donald Trump names David Sacks White House AI and crypto czar.ABC News - Dec. 6 -
Millions hurt by credit repair firms to share $1.8 billion in refunds
Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.CBS News - Dec. 5 -
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China Slaps Sanctions on 13 U.S. Defense Firms
The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.The New York Times - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
Five Below announces new CEO, shares jump on more upbeat outlook, ‘solid Black Friday’
Shares of Five Below Inc. jumped after hours Wednesday after the teen-centric discount chain raised its full-year outlook, citing an “encouraging” Black Friday weekend as it heads into final weeks ...MarketWatch - Dec. 5 -
Lobbying firm with ties to Trump appears poised to profit from new administration
Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.ABC News - Dec. 4 -
Here’s How Security Firms Say Execs Should Protect Themselves After UnitedHealthcare CEO’s Shooting
UnitedHealthcare CEO Brian Thompson’s tragic shooting set off alarm bells in the business world. Here’s how security firms are responding.Inc. - Dec. 4 -
Mexico announces record drug seizure one week after Trump threatens tariffs
Soldiers and marines discover drugs in Sinaloa, while separately authorities arrest more than 5,200 migrants. Mexican security forces have impounded more than a ton of fentanyl pills in what ...The Guardian - Dec. 4 -
Biden heading back to U.S. from Angola after highlighting American investments
President Biden has wrapped up his historic trip to Angola after touring a port on Wednesday where the U.S. has invested billions. CBS News White House reporter Willie James Inman has more.CBS News - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - Dec. 3 -
Trump will take ‘nonstop’ action in first 100 days in office, top adviser says – live
Jason Miller says that Trump will take aggressive action on immigration and oil and gas drilling early into his second term. Notre Dame Cathedral will reopen in Paris on Saturday with incoming US ...The Guardian - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
'Realistic' green policies good for the U.S., Aramco CEO says, with Trump to return to White House
Trump has pledged to "end Biden's delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production."CNBC - Dec. 3 -
Audit firms sharpen knives for oversight panel under Trump
Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans sayFinancial Times - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
Congress faces shutdown dilemma that could mess with Trump's first 100 days
Congress faces a Dec. 20 deadline to avert a government shutdown and is expected to kick the funding fight til early 2025 when President-elect Donald Trump will be in office.NBC News - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Trump picks investment banker Warren Stephens as UK ambassador
The billionaire donated millions to President-elect Donald Trump’s re-election campaign this year.BBC News - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - Dec. 3 -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - Dec. 3 -
Trump taps investment banker Warren Stephens for UK ambassador
President-elect Trump announced on Monday that investment banker Warren Stephens would serve as U.S. ambassador to the United Kingdom. “Warren has always dreamed of serving the United States full ...The Hill - Dec. 2 -
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.CBS News - Dec. 2