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The Latest Breaking News from Andrew Ross Sorkin

Defense Stocks Rise As Trump Team Considers Buying Into Major Contractors

Commerce Secretary Howard Lutnick said Tuesday that the Trump administration is considering buying ownership stakes in major defense contractors, similar to its recent controversial move to acquire part of chipmaker Intel Corp. (NASDAQ:INTC).

Benzinga

GOP Congressman Mocked for Supporting 'Big, Beautiful Bill' After Trump Promised to 'Use Things to Make the Bill Better': 'Sellout'

South Carolina Sen. Ralph Norman praised President Donald Trump for doing a "masterful job" outlining improvements to the now-passed bill.

Latin Times

AOC Suggests Insider Trading At Congress Before Trump Tariff Pause: 'We´re About To Learn a Few Things'

Rep. Alexandria Ocasio-Cortez suggested there was insider trading in Congress related to Trump's pause on tariffs for all countries but China

Latin Times

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Government Officials Likely Engaged in Insider Trading Immediately Before Trump's Tariffs, Journalist Speculates

Journalist Andrew Ross Sorkin has speculated that government officials close to the administration of President Donald Trump engaged in insider trading in the weeks leading up to Trump's implementation of tariffs.

International Business Times

Republican Lawmaker Insists Trump 'Wasn't Advocating' for Third Term Despite Saying He 'Was Not Joking' About Another Run

Ohio Senator Jon Husted brushed off President Donald Trump's comments about running for a third term during a CNBC interview on Monday.

Latin Times

Apple's $500B investment is "squishy"

The company's announcement led to speculation that it's seeking an exemption from the Trump administration

Salon

Prince Harry Sets the Record Straight About Meghan Markle Divorce Rumors

"She's in California, you're in New York—they say, 'Well, what is happening with these two, right?'"

Marie Claire

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Next DOGE appointment: Jeff Bezos? Billionaire Amazon founder ‘super optimistic’ about deregulation under Trump

“He seems to have a lot of energy around reducing regulation. And my point of view, if I can help him do that, I’m going to help him.”

Fortune

Prince Harry addresses Meghan Markle divorce rumors during New York conference

“Apparently we’ve bought or moved house 10, 12 times. We’ve apparently divorced maybe 10, 12 times as well. So it’s just like, what?’” Prince Harry said, laughing.

The Independent UK

Prince Harry Advises "Never Google Yourself," Says He Feels "Most Sorry For Trolls" in Candid Interview

"It’s almost like a competition of who can hide the truth or lie or mislead us more," the Duke of Sussex said.

Marie Claire

Prince Harry Says His New Chapter in California Is "The Life My Mum Wanted For Me"

The Duke of Sussex opened up on therapy, his childhood and the media at the 'New York Times' DealBook Summit.

Marie Claire

What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?

Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year

The Independent UK

Stephen Ross reportedly looking to sell Dolphins stake to equity firm

Stephen Ross is reportedly looking to sell as much as a $1 billion stake in the Dolphins before the end of the year.

USA Today Sports Media Group

Trump reacts angrily to claims he was ‘meandering’ at meeting with CEOs: ‘Bunch of BS’

Republican scrambles to firefight concerns over his age and mental wellbeing after turning 78

The Independent UK

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International Business Times

Gensler Dodges ETH Question, Says Crypto A 'Small Piece' Of Overall US Financial Market

Gensler, seemingly unmoved by calls for him and the SEC to be held accountable for "misleading" statements regarding Ether's status as a security or a commodity, once again dodged a direct question regarding the world's second-largest cryptocurrency.

The Guardian - UK

Friday briefing: What Elon Musk’s latest outburst means for the future of X

In today’s newsletter: The Twitter owner told advertisers to ‘go fuck yourselves’ in an interview this week – will they?

Fortune

Warner Discovery CEO David Zaslav says he was forced to lay off hundreds because WarnerMedia ‘had never been restructured for the future’

The layoffs were his "worst day on the job," but necessary to address the “generational disruption” in the industry, Zaslav said.

Fortune

Elon Musk admits X is on death row—but he won't save it

Musk's profanity-laden DealBook Summit interview was incredibly revealing.

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PC Gamer

Twitter owner Elon Musk tells departing advertisers to 'Go f*** yourself' in baffling on-stage interview: 'This advertising boycott is going to kill the company… Let's see how Earth responds to that'

Musk was being interviewed as part of the New York Times' DealBook Summit.

Fortune

X CEO Linda Yaccarino tries to bail Elon Musk out of trouble again, as she labels his expletive-laden rant against advertisers a ‘candid’ exchange

Yaccarino finds herself in the role of a modern-day Sisyphus, whose work is constantly undermined by owner Elon Musk.

iMore

Go f*** yourself,' Elon Musk tells the advertisers he says X can't live without

Elon Musk says that X will die if advertisers boycotting the platform don't come back, but all that they should "go f*** themselves."

International Business Times

Musk Regrets Controversial Post But Won't Bow To Advertiser 'Blackmail'

In a comment on X, formerly Twitter, Musk on November 15 called a post "the actual truth" that said Jewish communities advocated a "dialectical hatred against whites," which was criticized as echoing longtime conspiracy theory among White supremacists.

Zenger

If You Invested $1000 In Bitcoin, Ethereum Or Apple Stock When Tim Cook Said He Owned Cryptocurrency, Here’s How Much You’d Have Today

The cryptocurrency market soared in late 2021 with many coins hitting all-time highs

Zenger

Sun Valley 2023 Guest List Spans With Prominent Guests — Will Tesla Boss Elon Musk Attend?

This year's installment of the Sun Valley Conference is about a month away, and excitement is building up ahead of this annual event

Broadcasting & Cable

NBCU Upfront Show Goes on With Picketing Writers Outside

Shorter presentation than previous years at Radio City

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