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UniCredit withdrew its offer blaming the "golden power" restrictions exercised by the Italian government.
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Recent global conflicts mean that spending on national security may go up, predicts CEO Horacio Rozanski.
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Also: Trump wants to name a new Fed chair early.
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Also: Israel-Iran conflict enters fourth day, Trump orders more mass deportations.
The big story: Trade talks with China.
Also: Trump urges confrontation with LA protestors.
Also: Trump brings back travel ban, big investors turn away from the U.S., and job growth slows.
Also: OECD cuts growth forecast, Meta plans to replace workers with AI, and Chime sets IPO price.
Also: China accuses U.S. of violating trade truce, law firms punished for appeasing Trump, and IBM’s new path ahead.
Also: U.S.-China trade talks stall, SEC drops Binance lawsuit, and Trump gets his tariffs back (for now).
Also: Musk quits DOGE, Nvidia beats expectations, and Instacart announces new CEO.
"The Board selected Antonio Filosa to be CEO based on his proven track record of hands-on success during his more than 25 years in the automotive...
Also: Stellantis has a new CEO, Musk doubts 'Big, Beautiful Bill', and McKinsey takes a 10% trim.
Also:
Also: OpenAI’s $6.5 billion acquisition and two Israeli embassy staff killed in Washington shooting.