timef 02/11/2025

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.

Washington's envoys will push partners to take on more responsibility for Kyiv, when U.S. and European officials meet for Ukraine talks this week.

European Commission President Ursula von der Leyen said U.S. tariffs "will not go unanswered."

Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion. OpenAI CEO Sam Altman said Musk is aiming to "slow down a competitor."

Speaking at the AI Action Summit in Paris, European Commission President Ursula von der Leyen said the initiative would be called InvestAI.

Vice President JD Vance said the U.S. will safeguard American artificial intelligence and chips and block efforts to "weaponize" the critical technologies.

The president has removed the director of the government ethics office, and the administration has paused enforcement of the Foreign Corrupt Practices Act.

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.

Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.

Lavin said that "we're in for a bit of bad news in the near term," adding that the tariffs will also hurt the auto industry in the U.S.

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.

Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.

Chinese companies are enticing investors with record dividend payouts, with some market watchers saying more are on the horizon.

It's been just over three weeks into Trump's second term, and the flurry of announcements from the White House shows no sign of abating.

A new book by frequent flyer Brandon Blewett seems like another rant about annoying passengers. But the author says there's actually much to learn from them.

According to the Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.

President Donald Trump received positive marks on immigration policy, his handing of the Israel-Hamas conflict and more.

The Foreign Corrupt Practices Act became law in 1977. In 2024, the Department of Justice announced 24 cases related to the anti-bribery statute.

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal spending.

Cohen uploaded the photo over the weekend on X, sparking speculation that GameStop is plotting another strategy around crypto.

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.

Jyoti Bansal, who sold AppDynamics to Cisco for $3.7 billion, is pulling together his two newest startups into one company.

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.