Donald J. Trump
Trump’s name added to Kennedy Center building a day after board votes to rename DC theater
President Donald Trump’s name was added to the facade of the John F. Kennedy Center for the Performing Arts on Friday, a day after the center’s board voted to rename that Washington, D.C., institution the “Trump-Kennedy Center.” Workers affixed Trump’s name to the building, above the center’s original name. The center’s website had already been […]
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Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business
Oracle‘s stock jumped 7% Friday after the cloud provider joined a group of investors slated to lead TikTok’s U.S. operations. In a memo to employees Thursday, CEO Shou Zi Chew said the social media company’s U.S. division will be run by a joint venture that includes Oracle, Silver Lake, and Abu Dhabi-based MGX. The deal […]
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Quad witching, Nike slides, weed rules and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Witching hour A trader works at his desk on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on December […]
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Wall Street banked on a flurry of deals under Trump in 2025. It wasn’t that simple
The Wall Street Bull statue covered in snow on Nov. 15, 2018. Erik Mcgregor | Lightrocket | Getty Images Wall Street expected U.S. mergers and acquisitions to roar back in 2025. The reality was something closer to fits and starts. Following the re-election of President Donald Trump more than a year ago, executives and bankers […]
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Trump’s ‘Gold Card’ defines wealth as an ‘extraordinary ability.’ Immigration experts say it raises questions
President Donald Trump’s new “Gold Card” visa program uses a novel definition of wealth as a job skill to allow the overseas wealthy to bypass immigration rules and secure citizenship, according to immigration attorneys. Trump last week announced the start of applications for the “Trump Gold Card,” a new investment visa for foreign nationals. In […]
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Jeffrey Epstein files hit deadline for ordered release by DOJ on Friday
The Department of Justice faces a legally mandated deadline on Friday to begin releasing its criminal investigative files about the notorious sex offender Jeffrey Epstein. The files’ ordered release comes after months of controversy over the Trump administration’s decision to renege on past promises by top law enforcement officials to make the documents and other […]
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U.S. launches review of advanced Nvidia AI chip sales to China: Reuters
Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images U.S. President Donald Trump’s administration has launched a review that could result in the first shipments to China of Nvidia’s second-most powerful AI chips, five sources said, making good on his pledge to allow the controversial sales. Trump this month said he would allow sales of Nvidia’s H200 chips to China, […]
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TikTok signs agreement to create new U.S. joint venture, memo says
Samuel Boivin | Nurphoto | Getty Images TikTok’s U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew. The entity is named TikTok USDS Joint Venture LLC, the memo said. As part of the joint venture, Chew said in the memo, which was […]
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Congressional stock trading ban bill to get a vote in new year, House Republicans say
House Republican leaders on Thursday committed to a vote in the new year on legislation to ban members of Congress from owning or trading individual stocks. But the proposal likely will not include a provision that would ban stock trading or ownership by President Donald Trump or future presidents. House Majority Leader Steve Scalise, R-La., […]
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House passes bill to ease permits for building out AI infrastructure
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters The House of Representatives on Thursday passed a bill aimed at making it easier to get federal permits to build […]
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