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5 takeaways from airline CEOs’ biggest annual gathering
Airline CEOs met in Rio de Janeiro at IATA, the International Air Transport Association’s annual meeting.
White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge
Gov. Kathy Hohul in May signed a New York law that barred agreements with ICE that made it easier for the agency to detain immigrants who had been jailed.
As LIV Golf faces a Saudi funding cliff, CEO says to take PIF ‘at their word’
PIF is set to stop funding the golf league after the 2026 season, though O’Neil could not guarantee that the final four tournaments will take place.
Trump says U.S. must ‘respond’ after Iran shoots down helicopter over Hormuz Strait
The latest clash with Iran over the Strait of Hormuz came as President Donald Trump repeated that a deal with Tehran could be reached within days.
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
House Republicans push $70 billion immigration funding package toward passage
The U.S. House on Tuesday is scheduled to vote on a $70 billion immigration enforcement funding package after months of debate.
SpaceX employee group creates low-fee wealth management option with Choreo for post-IPO
The deal marks a bold experiment in the wealth management industry that could shift the balance of power from advisory firms to wealthy groups of investors.
Jeffrey Epstein’s former assistant Lesley Groff interviewed by House panel
Groff worked for Epstein for nearly 20 years, and her name appears more than 150,000 times in the Epstein files released by the Department of Justice.
JPMorgan Chase plans to deploy more powerful AI agents this year
JPMorgan Chase’s move suggests long-running AI agents are close to clearing the security and governance hurdles that have slowed adoption inside big companies.
Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company’s shares are down 93%.