David Mitchell, Who Led Fight on Drug Prices, Dies at 75
After receiving a diagnosis of terminal cancer, he used his experience in public relations to draw attention to the skyrocketing cost of medication. Source link
us Business
Read More
Paramount Threatens Board Fight Over Warner Bros. Discovery
The announcement was the latest in a series of increasingly aggressive actions by Paramount to buy Warner Bros. Source link
Trump Administration Nears Trade Deal With Taiwan
The Trump administration is completing a trade deal with Taiwan that would reduce tariffs on the island’s exports and commit its largest chipmaker, Taiwan Semiconductor Manufacturing Corporation, to invest significantly more in the United States, according to three people familiar with the matter. The agreement, which has been under negotiation for months, is being legally…
Fed Changes Course and Takes On Trump’s Political Fight
The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates. Source link
Stocks, Bonds and the Dollar Slip on Threat to Fed Chair Powell
The broad shift out of U.S. financial assets revived last year’s trend called the “sell America” trade. Source link
The Potential Fallout From a Legal Attack on Powell
A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank’s political independence. Source link
Europe and China Take Step to Resolve Dispute on Electric Vehicles
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen. Source link
Allegiant to Buy Sun Country Airlines in $1.5 Billion Deal
The combination of the two small, budget airlines comes as low-cost carriers have struggled with high costs and competition. Source link
Thiel Gives $3 Million to Group Seeking to Block California Wealth Tax
More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires. Source link
Malaysia and Indonesia Block Access to Grok Because of Sexually Explicit Content
Grok, the chatbot created by Elon Musk’s artificial intelligence company, has produced a flood of explicit images featuring real people in recent weeks. Source link