Money, Wealth & Power—A Daily Look at the Financial World
Pharmaceutical giants are not simply lining up behind President Donald Trump’s drug agenda, they are trying to bend it. The headline deals that look like cooperation on prices and tariffs also function as a strategic pushback, limiting how far the White House can go while reshaping who pays and who benefits. Most Americans feel the…
The chief executive of Waste Management runs a company worth tens of billions of dollars, yet he has spent nights riding garbage trucks and sitting through 1 a.m. safety briefings to understand what his crews face on the street. His approach turns a routine utility business into a case study in how hands-on leadership, worker…
Amazon’s internal projections about automation are unusually blunt: instead of simply trimming headcount at the margins, the company is mapping out how to redesign its warehouses so it never has to hire tens of thousands of people in the first place. The New York Times has now surfaced plans that point to a specific target,…
Shaquille O’Neal spent nearly two decades bullying defenders in the paint, but his most lucrative work has come far from the hardwood. Today his sprawling restaurant and franchise portfolio throws off more cash than his NBA paychecks ever did, turning a dominant center into a disciplined owner-operator. The numbers behind that shift tell a story…
The Trump administration is offering six-figure salaries to technologists to rebuild federal systems, then openly positioning those same roles as a springboard into the private sector. The new Tech Force initiative promises up to $195,000 a year for two-year stints inside government, while marketing itself as a fast track to jobs at the very tech…
The United States package delivery market is bracing for a major reset as the Postal Service prepares to auction access to its last‑mile network and a $6 billion Amazon contract approaches a potential end. Amazon wants more capacity and control over its logistics, while the Postal Service is trying to raise cash and diversify its…
The United States has quietly restored a crucial lifeline for Taiwan Semiconductor Manufacturing, giving the world’s most important contract chipmaker fresh permission to keep feeding its factories in China with American tools. The new approval stabilizes operations at a time when export controls have become a central weapon in the technology rivalry between Washington and…
Elon Musk ends 2025 in a financial stratosphere that barely resembles the world most people inhabit, with a personal fortune that rivals the economic output of entire regions. His net worth, now measured in the high hundreds of billions of dollars, has grown so large that it eclipses the annual production of goods and services…
Meta is making one of its boldest artificial intelligence bets yet, agreeing to spend more than $2 billion on Manus, a fast-rising AI agents startup with roots in China and a headquarters in Singapore. The deal is not just another splashy acquisition, it is a calculated move to secure a strategic technology, neutralize a potential…
Nvidia’s Rubin platform is arriving on a compressed timetable that could reorder the balance of power in artificial intelligence far faster than rivals expected. Instead of a gentle handoff from Blackwell, Rubin is being positioned as an aggressive, annual step change in compute, memory and system design that targets the trillion‑parameter era head on. If…