Harvard faces potential $500M settlement with the Trump administration over lost federal funding ($2.6B clawed back) due to alleged antisemitism. Negotiations, compliance, and First Amendment rights are key.
UnitedHealth faces challenges with higher medical costs, leading to withdrawn projections and leadership changes. The company anticipates profit growth in 2026 but faces rising expenses and industry-wide concerns.
Global financial markets eye US trade deals with EU & Japan, Fed & BOJ policy meetings, and US jobs report. Trump's trade tactics impact markets. KOSPI monitored. Tensions rise between White House and Fed.
Top DOJ lawyer Harmeet Dhillon warns businesses on DEI. D.E. Shaw scrubs DEI language amid scrutiny and fear of White House attention after facing backlash and a costly libel settlement.
The FCC approved the $8.4B Paramount Global-Skydance Media merger, giving Skydance control over CBS, Paramount Pictures, Paramount+, MTV, Nickelodeon, and Comedy Central. Shari Redstone will receive $1.75B.
Beef prices are soaring! Hamburger hit $6.12/lb, up 12% YoY. Experts predict continued increases potentially until 2026 due to shrinking supply, high production costs & strong demand. Market value pricing considered.
Joe Rogan suggests Hunter Biden's past addiction struggles could inadvertently serve as an advertisement for crack, referencing laptop revelations and substance abuse. Concerns over foreign deals and media censorship are noted.
Coca-Cola plans a new product with cane sugar. Debate arises about replacing high fructose corn syrup, US sugar sourcing (Texas, Florida, Louisiana), and the nutritional impact (Dr. Dariush Mozaffarian).
A German heiress, Christina Block, and her boyfriend are accused of hiring Israeli spies to abduct her children from Denmark amidst a bitter custody dispute with her ex-husband, Stephan Hensel. Trial ongoing.
The London Stock Exchange Group (LSEG) is considering 24-hour trading to stay competitive with New York and the EU post-Brexit, exploring extended hours and tech upgrades. Nasdaq also plans similar move.
Curtis Sliwa woos NYC businesses with pro-growth plans, contrasting with rivals courting large donors. He focuses on supporting small businesses, public safety, and attracting investment via in-person campaigning.
Trump's alleged discussions with GOP legislators about firing Fed Chair Powell and minimizing concerns about the Fed's spending caused market volatility. The Fed's independence is under scrutiny.
Understanding crypto presales: accessing tokens, launchpads, security measures like wallets (MetaMask), whitepapers, and risks. SAVW, Coinbase, Ledger, Binance Launchpad are mentioned.
Trump administration explores firing Fed Chair Powell over renovation costs. Allegations of extravagance & calls for "regimen change" fuel debate on presidential authority and Fed's independence. Cost overruns at the Fed headquarters are questioned.
Skydance CEO David Ellison considers acquiring The Free Press amid media bias debates. Deal talks involve Bari Weiss, potential CBS News role, and investment from Allen & Co. Focus on wokeism, antisemitism, and transgender issues.
NBC Nightly News saw gains in key demographics since Llamas took over. The revamped CBS Night News struggles despite changes. NBC's strategy targets younger, diverse viewers.
FCC scrutinizes the Paramount-Skydance deal & CBS over alleged political bias. Trump seeks concessions. Carr eyes CBS's news content, potentially impacting deal approval and media landscape.
Jamie Dimon criticizes Zohran Mamdani as 'more Marxist than socialist,' blasts Democrats' DEI focus, and faults Biden's economic expertise. A group is forming to counter Mamdani's mayoral bid.
Goldman Sachs is implementing a new policy requiring junior bankers to periodically recommit to the firm, aiming to reduce defections to private equity. Concerns are raised about early career decisions and potential conflicts.
A study shows tariffs are changing US consumer behavior. Many are cutting spending, compromising on groceries, and value brand transparency regarding price increases due to tariffs. Openness is key.
US & China trade face tensions over tariffs. China warns against reigniting trade war and threatens retaliation. Dialogue and collaboration are crucial. Averages are US 51.1% and China 32.6%.
The end of US EV tax credits ($7500 new, $4000 used) on Sept 30 is expected to boost sales short-term, followed by a drop. Automakers gain from relaxed fuel economy fines. China may benefit. Impacts EV penetration.
Trump's administration to impose tariffs as high as 70% on trading partners. EU seeks to avoid toll hikes. US-China trade truce fragile. US house passed financial bills on border security and military operations.
Treasury Secretary Bessent addresses leading both Treasury & Fed, tariff impacts, and a replacement for Fed Chairman Powell. Tariffs may cause a one-time cost bump but shouldn't increase inflation long-term.
Meta's aggressive talent acquisition from OpenAI sparks concerns about cultural impact and fair compensation. OpenAI responds by rectifying compensation and exploring creative methods to retain top talent amidst lucrative Meta offers.
Trader Joe's will keep both Sherman Oaks stores open despite a new location across from an older one. The company cites growth and bringing value to customers as reasons. Founded in 1967, Trader Joe's aims to expand access.
