Business
Trump’s Department of Government Efficiency will ironically require two men to run it
Also, it’s not a new government agency, this will basically just be an outside consulting gig. Read More
VanEck launches exchange-traded Sui offering in Europe
Sui, launched in May 2023, has quickly become one of the top cryptocurrencies amassing $8.8 billion market cap. Read More
After Trump’s win, Mark Cuban deleted all his pro-Harris X posts and is taking a political hiatus on the ‘less hateful’ BlueSky
Cuban joins more than 14.5 million users on BlueSky, which has ballooned since Donald Trump’s reelection. Read More
Matt Gaetz just resigned from Congress, ending a probe into sexual misconduct and drug use
President-elect Donald Trump nominated him for attorney general. Read More
Trump is praising RFK Jr.’s Make American Healthy Again’ plan. Scientists are worried
President-elect Donald Trump has said he will let RFK Jr. “go wild” on health care. Read More
Republicans win majority in US House, giving Trump control of Congress
US president-elect’s party hold on both chambers gives him latitude to pursue radical legislative agenda
EV adoption will skyrocket—take it from someone leading a battery tech startup after 17 years at GM
Battery tech on the horizon will make electric vehicles “truly irresistible to consumers,” says Sion Power’s Pam Fletcher. Read More
Trump taps loyalists Matt Gaetz as attorney general, Tulsi Gabbard for national intelligence chief
Earlier on Wednesday, Trump named Sen. Marco Rubio of Florida as his nominee for secretary of state. Read More
Reeves to force UK council pensions to consolidate into eight ‘megafunds’
Chancellor to target minimum size for multiemployer defined contribution schemes of £25bn to £50bn
Elon Musk’s xAI safety whisperer just became an advisor to Scale AI
Dan Hendrycks, AI safety advisor to Elon Musk’s xAI, recently posted on his LinkedIn profile that he has taken on ...
We analyzed 40,000 M&A deals over 40 years. Here’s why 70-75% fail
Acquisitions appear in many cases to be tenure insurance for CEOs. Read More
Trump picks Matt Gaetz as attorney-general
Controversial Florida congressman was being investigated by House of Representatives for alleged ethics breaches
Elon Musk, Vivek Ramaswamy, and the $35T national debt—entrepreneurs to the rescue
They’re slated to lead Trump’s Department of Government Efficiency, and it’s a step in the right direction given the national ...
Bitcoin users are mostly rich and white or Asian— FDIC survey
The FDIC polled 30,000 households about their crypto use, and made some surprising discoveries. Read More
The AI revolution is here but it’s still ‘pretty nascent’ and ‘a little clumsy’, private equity firm managing partner says
“When we have job applicants sending us a writing sample, we can tell pretty quickly when it’s AI,” Isabelle Freidheim, ...
Amazon makes it harder for disabled employees to work from home
Amazon has denied having an ulterior motive and says the new disability policy reflects its broader return-to-office philosophy. Read More
Nobel laureate Muhammad Yunus, Bangladesh’s new leader, blasts COP29 as a ‘fish market’ as countries haggle for climate funds
Yunus said it was “humiliating” for countries to ask for money to help fix a problem “others caused for them.” ...
Arnold Schwarzenegger, Zimmer Biomet’s first chief movement officer, wants older adults to stay active
The “Governator,” 77, is on a mission to spread the gospel of active aging. Read More
Nvidia’s crypto gambit likely to see Supreme Court scrutiny
A decision is expected by early summer. Read More
Israeli right celebrates hawkish Trump government picks
Pete Hegseth, Mike Huckabee and other incoming officials are staunch supporters of Benjamin Netanyahu
Amazon labor ruling outlaws mandatory anti-union meetings
The National Labor Relations Board overturned 75 years of precedent by ruling so-called “captive audience” meetings violate employees’ rights. Read ...
John Thune elected to Senate leadership in rebuke to Trump allies
Elon Musk was among those pushing for Florida senator Rick Scott to get top job
How digging into data saved Coach’s famous Tabby bag from a premature end
Falling sales almost ended Coach’s Tabby bag prematurely. Data helped save the viral handbag. Read More
Amazon unveils ‘Haul’—its ultra-discount Temu rival selling $1 earrings and $8 leggings
Amazon is trying to address its struggle to inspire online shoppers to do the equivalent of window shopping. Read More
Architect Bjarke Ingels: I’ll have a construction site on the moon by 2032
The Bjarke Ingels Group is working with NASA on Project Olympus, an effort to construct buildings on the moon. Read ...
Red Lobster CEO says endless shrimp is never coming back because ‘I know how to do math’
Instead, Damola Adamolekun is going back to what made the company successful in the first place. Read More
Brands told to rein in ‘aggressive’ trademarks after UK court ruling against Sky
Media company had claimed intellectual property rights for goods including antiperspirants, tuxedos and biofuels
Polymarket users are betting on Scott Bessent to be Trump’s treasury secretary
The prediction market puts Bessent’s odds of getting the nod at 67%. Read More
Canadian pension fund buys UK airports operator for £1.5bn
PSP acquires AGS from Macquarie and former Heathrow investor Ferrovial
