Musk and Trump convene on X in glitch delayed talk
Elon Musk and Donald Trump held a long glitch delayed X conversation where Musk floated a role for himself in a possible second term and Trump pitched the discussion as a sign of interest. About 1.3 million listeners joined as Musk moderated the event with praise and potential policy cooperation.
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Labor practice complaint filed over firing remarks by Trump and Musk
The UAW filed unfair labor practice charges with the NLRB against Donald Trump and Elon Musk over social media remarks about firing striking workers. The agency will investigate, with the UAW saying the comments threaten workers attempting to unionize.
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Stocks rally on inflation cooling and Fed rate hopes
U S stocks posted one of their best days this year as the S P 500 gained 1 7 percent, the Dow rose 408 points and the Nasdaq climbed 2 3 percent on cooler wholesale inflation data. Nvidia led the Magnificent Seven higher while Home Depot beat profit estimates but trimmed full-year outlook amid late easing fears about rates.
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Niccol named Starbucks CEO as Chipotle profits rise
Chipotle profits rose after Brian Niccol led a turnaround including marketing boosts and an employee tuition program. Starbucks named Niccol chair and CEO to revive sales, as unions unfold and labor talks resume. shares jumped but later fell on news of his departure.
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Ford and Mazda warn over 475000 older Takata air bag inflators
U S owners of more than 374000 Ford Lincoln Mercury models from 2004 to 2014 and nearly 83000 Mazdas from 2003 to 2015 are advised not to drive them due to recalled Takata air bag inflators that can explode. NHTSA notes 27 deaths and 400+ injuries in the U S, with 67 million inflators recalled globally. Owners can check coverage on the NHTSA site and dealers offer free towing or mobile repairs if needed.
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