Companies are scrambling to shift production out of China, bolster inventory and weigh price increases as they brace for tariff hikes from a second Trump administration.
Why it matters: Trump has threatened to ramp up duties on China, Mexico and possibly elsewhere, increasing the cost of importing products from those countries for U.S. businesses.
The media power brokers in the new Trump administration are different and more powerful than those during the first Trump presidency. They are younger, more visual, less established in Washington, and lean more toward MAGA conservative principles over traditional Republican ideals.
Why it matters: Americans' rejection of soft liberalism at the polls was also a rebuke of the media forces that powered it.
Boeing's Wisk Aero is a step closer to someday deploying self-flying air taxis after clearing a key regulatory hurdle with the Federal Aviation Administration, Axios is first to report.
Why it matters:Electric vertical takeoff and landing aircraft (eVTOLs) represent the next phase of aviation, but because of their innovative design — part helicopter, part fixed wing plane — they're in a special class that requires a unique certification process.
Elon Musk leadsFortune's first list of the 100 most powerful people in business, out Tuesday morning.
Why it matters: Leaders on the list "share one defining trait: their actions and words influence what others think and do,"Fortune executive editor Lee Clifford said.
President-elect Trump and Elon Musk, two billionaires with strikingly similar DNAs, are fusing into a new, powerful governing-media paradigm.
Why it matters: This Trump-Musk fusion seems to grow stronger by the day. The two are working together to shape the new White House, the new Senate and the new Cabinet, plus future foreign relations and governing blueprints.
Salesforce is pioneering a new era of AI innovation with the release of Agentforce, a new layer of the Salesforce Platform that helps companies build, customize and deploy AI agents that can autonomously take action across any business function.
Chris Wallace is leaving CNN to work on an independent venture that could involve streaming or podcasting, the broadcaster told the Daily Beast on Monday.
Why it matters: The veteran journalist, who is known for his impartiality and tough interviews, spent three years at CNN after an 18-year career at Fox News.
President-elect Trump plans to weigh in on roughly 40 top cabinet, agency and White House jobs from a makeshift Situation Room at Mar-a-Lago, where he's surrounded by TV monitors displaying profiles of potential picks.
The interactive array lets aides instantly summon a multimedia menu covering whatever position or person he wants to consider next, transition sources tell us.
Why it matters: The process is just getting rolling, and includes lots of surprise names, including some for big jobs.
The real lists exclude many names floated publicly by people who claim to have knowledge of the process but actually don't, officials tell us.
President-elect Trump intervened from Mar-a-Lago in this week's suddenly scrambled race for Senate majority leader, demanding that the candidates embrace using "recess appointments" to bypass Senate confirmation votes.
All three of the candidates quickly saluted. The secret-ballot vote will be Wednesday.
Why it matters: It all played out in just a few hours on Elon Musk's X — a tiny taste of the platform's rising juice as Trump maps his new government.
Businesses across the nation are saluting veterans and active-duty military personnel this Veterans Day with free meals, drinks and discounts Monday.
The big picture: The federal holiday honors those who have served in the military — past and present. By showing a military ID, veterans can eat or drink for free at more than a dozen chains around the country.
Climate-related extreme weather events cost the global economy more than $2 trillion over the past decade and the U.S. was the worst-affected nation, per a report published as leaders gather for the COP29 summit in Azerbaijan Monday.
Why it matters: The damage estimates in the Oxera report for the International Chamber of Commerce for 2014-2023 roughly equate to those of the 2008 global financial crisis and ICC secretary-general John Denton said "the economic impact of climate change" needs a "response of similar speed and decisiveness," per CNN.
The big picture: The documentary to be released Wednesday comes as other recent projects on Elvis have re-examined his role in racial desegregation after previous generations dismissed him as an appropriator of Black art.
