Latest in Trump and SoftBank CEO Announce $100 Billion Investment in US Projects
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FirstFT: Japan’s SoftBank woos Trump with planned $100bn investment in US
Also in today’s newsletter, North Korean troops sustain casualties fighting in Russia’s Kursk region, and UK court reveals identity of alleged Chinese spyFinancial Times - 2h -
Trump announces SoftBank plans to invest $100bn in US projects
President-elect vows investment will result in 100,000 new jobs despite history of jobs plans not panning out. Donald Trump claimed to have notched up the first economic success of his ...The Guardian - 4h -
Softbank Plans to Invest $100 Billion in U.S. Projects Through 2028
CEO Masayoshi Son joined President-elect Trump at Ma-A-Lago to make the announcement.Inc. - 5h -
SoftBank CEO and Trump announce $100 billion investment in U.S. by firm
The money will be deployed before the end of Trump's term.CNBC - 5h -
Trump and SoftBank CEO Announce $100 Billion Investment in US Projects
The technology company plans to invest $100 billion in U.S. projects, echoing the multibillion-dollar pledge it made after Donald J. Trump’s first election victory in 2016.The New York Times - 4h -
Trump announces Japanese firm SoftBank plans to invest $100 billion in U.S.
President-elect Donald Trump pledged expedited approvals for any company that invests at least $1 billion in the U.S. SoftBank's investment will focus on AI and emerging technology.CBS News - 5h -
Trump announces $100 billion investment from SoftBank Group in U.S. projects
President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced on Monday a $100 billion investment from SoftBank into U.S. projects over the next four years.CBS News - 7h -
Japan’s SoftBank pledges $100bn investment in US
Vow by Masayoshi Son’s investment vehicle is latest sign of how groups are seeking to woo Donald TrumpFinancial Times - 7h -
Trump announces $100B investment from SoftBank
President-elect Trump on Monday announced the Japanese company SoftBank Group planned to invest $100 billion in the U.S. over the next four years, touting it as a sign of global confidence in the ...The Hill - 7h -
Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments
President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to spur artificial intelligence and related ...NBC News - 9h -
Novo Nordisk to invest $1.2 billion in new plant in Denmark
Danish drugmaker Novo Nordisk will invest 8.5 billion crowns ($1.20 billion) in a new facility in Odense, Denmark, for the production of rare disease drugs, it said on Monday. "Designed to be ...Yahoo Sports - 17h -
Foreign investment panel split on Nippon’s bid for US Steel
Lack of consensus at Cfius makes it more likely Joe Biden will block the dealFinancial Times - 1d -
Google CEO eyes AI 'Manhattan Project' after Trump inauguration
Alphabet and Google CEO Sundar Pichai said in a recent interview that he is eyeing a research project on artificial intelligence (AI), similar to the Manhattan Project during World War II, after ...The Hill - 3d -
Investment Fund Acadia Readies $9 Billion Renewable Energy Project Lineup
The investor group, with support from Microsoft and other companies, hopes to build out 5 gigawatts of renewable power capacity in the next five years.Inc. - 5d -
Biden Calls Project 2025 an ‘Economic Disaster,’ Prays That Trump Will Throw It Away
President Joe Biden reflected on his economic achievements during an address at the Brookings Institution, reminding attendees about the strong economy he’s leaving for his successor.Inc. - 6d -
Trump vows to speed up permits for anyone investing $1bn in the US
President-elect pledges to loosen environmental rules for big developersFinancial Times - 6d -
Trump offers expedited environmental approvals to companies investing $1B in US
President-elect Trump indicated on Tuesday that he’ll give expedited approvals to projects that invest at least $1 billion into the U.S. economy. “Any person or company investing ONE BILLION ...The Hill - 6d -
US investors have saved $250bn by investing in ETFs, says BofA
The savings compared with mutual funds was mainly due to tax advantages rather than exchange traded funds’ lower feesFinancial Times - 6d -
Stellantis, CATL to Invest $4.3 Billion in Battery Plant in Spain
The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.The Wall Street Journal - 6d -
Trump announces new picks for roles at OMB and DOJ
President-elect Trump announced new picks for roles at the Office of Management and Budget (OMB) and Department of Justice (DOJ) on Monday. The president-elect said in posts on Truth Social that ...The Hill - 6d -
Trump Organization leases brand to 2 new projects in Saudi Arabia
The Trump Organization says it has leased its brand to two new real estate projects in Saudi Arabia just weeks before President-elect Donald Trump returns to the White HouseABC News - 6d -
Jim Cramer reviews companies that cracked $100 billion in 2024
CNBC's Jim Cramer looked at the performance of Palantir, AppLovin, Spotify and Arista Networks, among others.CNBC - Dec. 9 -
Trump uses photo of himself with Jill Biden to announce new fragrance
President-elect Donald Trump announced a new line of merchandise on his Truth Social app, a fragrance line called "Fight, Fight, Fight."CBS News - Dec. 9 -
Project 2025 seeps into Trump administration despite attempts to distance himself
Several Project 2025 authors and contributors are not just connected to President-elect Donald Trump, but also nominated for roles in his administration.ABC News - Dec. 9 -
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 -
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 -
Trump’s Project 2025 May Not Be What It Seemed. It’s Worse.
Trump’s version of Project 2025 may not be what it seemed. It’s worse.The New York Times - Dec. 4 -
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 -
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 -
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 -
In Angola, Biden plans to tout US investments and visit a slavery museum
Joe Biden is using the first visit to Angola by a U.S. president to promote Washington’s investments in the sub-Sahara African nation and to see a slavery museum where he’ll acknowledge the ...ABC 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 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 -
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 -
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