MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA…
Economy
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
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Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday. The bid is for the nonprofit that…
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Trump on verge of next Cabinet victory with late-night Tulsi Gabbard Senate vote
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President Donald Trump is on the cusp of seeing his 14th Cabinet member confirmed in former Democratic Rep. Tulsi Gabbard. Gabbard is slated for a final Senate confirmation vote to…
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Trump picks Virginia official Terry Cole to lead the DEA, vows to ‘save lives’ in new administration
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President Donald Trump has nominated a Virginia state official to lead the Drug Enforcement Administration (DEA) in his new administration. In a Truth Social post on Tuesday, Trump wrote that…
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Trump budget bill standoff fuels tension in House GOP as leaders press forward
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The House and Senate are headed for a collision course on federal budget talks as each chamber hopes to advance its own respective proposals by the end of Thursday. Speaker…
A federal judge on Tuesday ordered the Department of Health and Human Services (HHS), the Center for Disease Control (CDC) and the Food and Drug Administration (FDA) to restore web…
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Tulsi Gabbard confirmation vote set for Wednesday after snowstorm thwarts midnight session
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President Donald Trump is on the cusp of seeing his 14th Cabinet member confirmed in former Democratic Rep. Tulsi Gabbard. Gabbard is slated for a final Senate confirmation vote to…
President Donald Trump is expected to sign an executive order Tuesday instructing the Department of Government Efficiency (DOGE) to coordinate with federal agencies and execute massive cuts in federal government…
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Scientists expect major ‘medical breakthroughs’ despite Trump’s cap on NIH research funding
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The Trump administration’s decision to slash overhead costs linked to federally funded research has sparked an immense backlash. But some doctors are praising the move, suggesting it will help ‘optimize’…
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Homeland Security puts staff involved in ‘disinformation’ board on administrative leave, review coming
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The Department of Homeland Security confirmed on Tuesday that some Cybersecurity and Infrastructure Security Agency (CISA) employees who worked on ‘mis-, dis-, and malinformation’ were put on administrative leave. In…