DoorDash is exiting Qatar, Singapore, Japan, & Uzbekistan after a review. Ark Invest's Cathie Wood bought $5.4M in DASH stock, despite Citrini Study's AI threat warnings. Shares are up due to the strategic global shift.
Following a Supreme Court ruling, the U.S. administration is exploring expanded Section 232 tariffs on industrial sectors, potentially increasing costs for batteries and semiconductors while sparking global trade concerns.
Steve Jobs evolved from his "slave driver" image, fostering productive disagreement. With Ed Catmull, Pixar's president, Jobs learned to value challenges, leading to Catmull's "time-delayed argument" strategy. Jobs saw conflict as a way to refine ideas and people, promoting high-talent teams.
Justice Neil Gorsuch's warnings resurface as Congress challenges Trump's use of emergency powers for tariffs. Markets await a Supreme Court ruling on the scope of executive authority under the IEEPA.
Disc Medicine received an FDA Complete Response Letter for bitopertin, targeting erythropoietic protoporphyria (EPP). Despite showing PPIX reduction, trials lacked proof of clear clinical benefits, delaying approval and causing stock fluctuation.
Older homeowners selling after 70s may get 5% less, facing $20K+ cuts due to deferred maintenance & late decisions. With a buyer-leaning market and new housing legislation, seniors' large home equity is at risk, highlighting the need for early planning.
A DHS funding gap forces TSA officers to work without pay, raising concerns over staffing shortages and flight delays. Experts advise travelers to arrive early and show patience as the shutdown impacts airport operations.
Taiwan and the US agree to cut tariffs on exports while negotiating the relocation of semiconductor supply chains amid rising geopolitical tensions and surging AI-driven chip demand.
EU-Turkey trade hit EUR210B in 2024, yet EU membership talks remain stalled due to Turkey's democratic backsliding and Hamas support. Security cooperation, especially concerning drones and Russian threats, intensifies, driven by EU's strategic interests and Turkey's crucial location. The relationship remains largely transactional.
A Boston College report highlights the need for fraud prevention in private businesses. The 'fake it till you make it' culture fosters white-collar crimes in startups, exemplified by Elizabeth Holmes. Forbes' 30 Under 30 list has seen honorees embroiled in financial fraud scandals.
The Trump administration is increasing humanitarian aid to Cuba by $6 million via the Catholic Church and Caritas due to a crisis exacerbated by Typhoon Melissa and stopped Venezuelan oil shipments. Cuban President Díaz-Canel expresses willingness for dialogue with the U.S. without pressure.
Waymo raised $16B in funding, valuing the robotaxi leader at $126B, signaling strong investor confidence in autonomous vehicle services. The company plans to expand its fleet and operations into over 20 new global cities by 2026.
The EU & India finalized a major FTA, reducing tariffs on over 96% of goods. This "mother of all trade deals" links 2B consumers, potentially boosting EU exports by 6.4% & supporting de-risking from China, despite US tensions.
Prediction markets like Kalshi & Polymarket now offer contracts on Super Bowl 60 ads, raising insider trading concerns. Employees privy to ad plans could leverage info, posing regulatory challenges in this new online trading frontier.
Deep-pocketed investors show a bearish stance on Applied Materials (AMAT) with unusual options activity. As a semiconductor giant, these significant trades hint at potential major moves in the electronic market.
President Trump declared a national emergency over Cuba via executive order, citing the communist regime's alignment with hostile foreign powers and terrorist groups. The order mandates tariffs on countries supplying oil to Cuba and aims to oust Cuba's Communist management, believing its economy is near collapse after losing Venezuelan aid.
John Deere is expanding with a new Kernersville excavator plant and an Indiana warehouse, shifting production from Japan. Amidst Trump's farm aid and price warnings, Deere faces average market performance and a worse-than-expected 2026 financial outlook with a $1.2B toll hit.
