HOWARD LUTNICK
Canada says US midterms won't change trade stance, sees talks with American officials
A senior Canadian cabinet minister stated that the US midterm election results will not affect trade negotiations. Dominic LeBlanc mentioned he would soon communicate with US officials regarding trade matters. President Trump suggested that a trade deal with Canada is close, but significant work remains. Canadian Prime Minister Mark Carney confirmed that certain US demands have been scaled back.
SK Hynix's New York chip plans hit snag over US restrictions on China, sources say
SK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US expansion. But the Commerce Department has yet to approve the new licenses, the people said. Its Solidigm unit plans to invest about $45 billion and build two NAND plants in Marcy, New York, two people said, with investment potentially reaching about $100 billion over time. NAND is memory that retains data even when power is turned off and is used for storage in data centers.
Christine Lagarde: The outsider who led the European Central Bank her way
Christine Lagarde's early departure as European Central Bank president marks the end of a seven-year tenure shaped by the Covid-19 pandemic, energy shocks and record inflation. Despite initial doubts over her lack of formal economics training, Lagarde helped steer the ECB through major crises. However, her decision to leave before her term ends has sparked criticism over political interference and raised questions about the institution's independence.
US midterm election 2026: How Air Force One has become Donald Trump's most potent trump card in upcoming polls
US midterm elections 2026: President Donald Trump is surrounded on these trips by White House and external consultants making strategic choices for the midterms. The goal of Trump's travel over the past month has been to help Republicans keep control of Congress.
Who's on Air Force One? Trump's midterms entourage includes strategists, aides and aging athletes
President Donald Trump is actively campaigning across the United States aboard Air Force One to support Republican candidates. He travels with a diverse entourage including aides, Cabinet members, and celebrities. High-profile passengers such as Mike Tyson and Floyd Mayweather Jr. have joined him on some flights. Trump's travel aims to strengthen Republican positions in upcoming elections. His entourage provides strategic advice and reinforces his messaging at rallies.
‘Sit down, Elon’: Musk gets a reality check on his own platform over Trump donations amid Starlink India row
Elon Musk criticized India's regulatory environment while seeking approval for his satellite internet service, Starlink. His comments drew reactions on X questioning his political spending in the US, particularly his support for Donald Trump. Users pointed to significant contributions Musk made during the 2024 election cycle, raising issues of hypocrisy. Indian officials emphasized that companies must meet regulatory and security requirements before entering the market.
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Taylor Swift new curly hairstyle sparks Travis Kelce, 1989 and Reputation theories as fans wonder if a new era is coming
During a recent celebration of her impressive music achievements, Taylor Swift showcased a bold and curly new haircut. Marking a significant milestone with her fifth Official Chart Double in the UK, fans are buzzing with theories that this hairstyle shift could herald a transformative musical era. Whispers also suggest connections to her relationship with Travis Kelce, although Swift has remained tight-lipped about any personal links to her new look.

Does your cat eat the same food every day? New test finds 122 contaminants, nearly 28 times more mercury in some
A recent investigation by Clean Label Project exposed alarming findings regarding cat food safety. Testing 100 products from 62 brands revealed that nearly all contained toxic contaminants like lead, cadmium, and arsenic. The potential health risks for cats from regular consumption of such food has researchers concerned. Pet owners are urged to engage with manufacturers about their contaminant testing protocols and quality control measures.

What happened to Chad Lowe’s daughter Fiona? 13-year-old dies after Lowe family lost Pacific Palisades home in 2025 fire
The tragic loss of Fiona Lowe, the 13-year-old daughter of Chad Lowe and Kim Painter, has been confirmed as a suicide. The family, grappling with the recent devastation of losing their home to a fire, remembers Fiona as a vibrant and creative dancer, cherished by all. The school community is providing support through counseling services to help students cope with this heart-wrenching event.

Gypsy Rose Blanchard, convicted in mother’s murder, reveals cause of Ken Urker’s sudden death at 34, says ‘I’m in disbelief’
Gypsy Rose Blanchard has broken her silence following the sudden death of her partner Ken Urker, who was found unresponsive at his Louisiana home on his 34th birthday. She said Ken Urker died from drug overdose Blanchard mourned Urker as her “forever soulmate” and the father of their one-year-old daughter, Aurora. She also opened up about the intense public scrutiny and online harassment he allegedly faced during their relationship.

At 27, Howard Lutnick helped make $300 million; decades later, he reports $250 million in income as Trump’s Commerce chief
US Commerce Secretary Howard Lutnick reported at least $250 million in income and other proceeds in 2025, his first year in government. Decades earlier, Lutnick had helped Cantor Fitzgerald make about $300 million in profits by the time he was 27. Lutnick remains one of the wealthiest members of US President Donald Trump’s Cabinet, according to reports.

Senate punts bill to permanently ban Chinese cars until after midterm elections
Legislation aiming to permanently prohibit Chinese vehicles and technology from entering the U.S. market is currently stalled. Senators are negotiating to address concerns raised by a Republican senator regarding foreign ownership stakes. The proposed bill seeks to protect American automakers from subsidized Chinese competition and prevent data privacy risks. Supporters of the bill anticipate revisiting this matter after the upcoming November elections.

Trump calls Sundar Pichai a ‘monster’; Google CEO has the perfect comeback: 'Hopefully a better tagline than I’m a...'
During a recent press interaction, US President Donald Trump humorously referred to Google CEO Sundar Pichai as a 'monster'. Trump's playful comment emphasized how little people know about Pichai and stressed his name distinctly. In response to the compliment, Pichai made a light-hearted joke regarding the situation. This unexpected exchange between them captured attention and prompted reactions online. The moments showcased the humorous dynamics of their relationship during the engagement.

Essar to invest $18 billion in US, build America's largest steel plant in Iowa
Essar Group, through its subsidiary Mesabi Metallics, plans to invest USD 18 billion for a steel plant in Iowa. The facility aims to produce 10 million tonnes of steel annually and will utilize iron ore from Minnesota. It is expected to create 6,000 construction jobs and 2,000 permanent employment opportunities. The investment is part of a broader focus on enhancing domestic manufacturing capabilities in the United States.

Trump-Xi dinner: Elon Musk, Jeff Bezos, Sam Altman, Huang, Nadella among star-studded guest list
Billionaires and leaders from the technology sector gathered at the White House for a state dinner. This event hosted Chinese President Xi Jinping and his wife, Peng Liyuan, with various US officials. The discussions included trade, artificial intelligence, and strategic issues between the two nations. Trump highlighted his friendship with Xi during the dinner and emphasized mutual cooperation.

Xi Jinping unlikely to bring CEOs to summit where Trump seeks deals
US President Donald Trump is preparing to host China's President Xi Jinping for an upcoming summit in Washington. The Chinese leader is not expected to bring a delegation of top business executives. Many prominent technology leaders from the US will attend the state dinner alongside high-ranking officials. Tensions between the US and China regarding various issues have been rising in recent weeks.

Trump’s Canada trade war puts Republican Senate candidates in Michigan, Maine in a bind
Republican candidates face challenges balancing President Trump's trade policies and voter concerns. Michigan and Maine economies are closely tied to Canadian trade, raising stakes for Senate races. Senator Susan Collins criticizes tariffs, while candidate Mike Rogers supports the president's approach. Canada's retaliatory tariffs aim to exert political pressure on the United States. Voters largely blame Washington for the ongoing trade dispute and higher costs.

SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources say
Under one potential scenario, SK Hynix would lease part of Intel's long-planned chipmaking facility in Ohio, they said. Under another scenario, it could form a venture with Intel and major cloud firms that are keen to lock in memory chip supplies, two of the people said.

Three Indian companies under US Senators' scanner for data 'theft' allegations
US Senators have urged action against three India-based companies for alleged hacking. These firms reportedly stole data from thousands of Americans and US companies. Investigations suggest widespread hacking targeting private equity and pharmaceutical firms. The companies also allegedly used foreign courts to censor reporting and silence criticism. Senators want these firms added to an Entity List to cut off US tools.

India joins US-led global initiative to shape next-generation 6G networks
India has joined twenty-four nations in a global initiative for 6G network development. This agreement was finalized following a bilateral meeting between US and Indian officials. The G20 Innovation Ministerial meeting was hosted by the United States Department of Commerce. Discussions focused on strengthening cooperation across semiconductors, AI, and data centers. India's participation highlights its growing role in global technology and innovation.

South Korea says chip investments under discussion with US amid tariff concerns
The presidential official was responding to a question about whether planned tariffs on chips flagged by U.S. Commerce Secretary Howard Lutnick were affecting ongoing investment negotiations between the two countries.

Kuwait third US ally attacked in two days; Iranian military toll hits 13 this week
Tehran's semi-official Tasnim news agency reported on Thursday the deaths of six more military personnel from US strikes this week, bringing the military death toll to at least 13. In the latest report on military deaths, Tasnim said six members of the regular military, including three pilots, had been killed in southern Iran.

US Commerce Secy Lutnick apologizes for saying no Americans have died in Iran war
US Commerce Secretary Howard Lutnick apologized for stating no Americans died in the Iran war. He acknowledged eighteen service members were killed and expressed sorrow to their families. Lutnick explained he was thinking about a Venezuelan military operation where no service members died. He made the mistaken comments during a CNBC interview on Wednesday. President Trump defended Lutnick, noting the Venezuela confusion and the Iran casualties.

US trade gap in July hits biggest in over a year on AI buildout
The US trade deficit in July widened to its largest since March 2025, government data showed Thursday, as imports climbed on the back of the booming AI tech build-out. But the trade deficit in the world's biggest economy grew to $88.6 billion in July -- a 24.4 percent increase from the month prior -- as exports of crude oil and gold fell while imports of tech products jumped.

US Commerce chief says Anthropic back on 'right side' with Trump, Axios reports
U.S. Defense Secretary Pete Hegseth had blocked Anthropic from certain military contracts because the company refused to allow the U.S. to use its Claude AI models for domestic surveillance or autonomous weapons. Anthropic sued in California court.

US urges G20 countries to allow AI training on creators' work
The United States urged G20 nations to create rules for AI training on copyrighted works. Major American tech firms face lawsuits over using creator content for AI development. Commerce Secretary Howard Lutnick advocated for "fair use" principles to protect artists. The Justice Department supported OpenAI's use of copyrighted material for AI training. G20 nations aim to address novel AI considerations without new specific regulations.

Chips won't taste good unless made in US
President Donald Trump already imposed 25% tariffs on certain advanced semiconductors, ordering those import charges in January after a Commerce Department probe into the trade. However, a new round of tariffs could extend their reach beyond semiconductors to products containing chips - hitting imports of data center servers and consumer electronics.

Why Howard Lutnick was heckled at Davos dinner hosted by BlackRock CEO hours before Trump’s speech
Howard Lutnick Davos: Tensions rose at a World Economic Forum dinner in Davos. US Commerce Secretary Howard Lutnick faced jeers and walkouts after criticizing Europe's policies. European Central Bank President Christine Lagarde reportedly left the event. The incident occurred before US President Donald Trump's scheduled address, amid concerns over his stance on Greenland and trade tariffs.
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