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The Latest Breaking News from Jeffrey Sonnenfeld

Three things Trump did in 24 hours to show that he's in control of American business

“He’s taking an extreme left-wing position which looks like state capitalism,” said Jeffrey Sonnenfeld, a longtime corporate governance scholar and the founding dean of Yale’s Chief Executive Leadership Institute.

Fortune

UK housebuilding in deepest slump since 2020 lockdowns; Warner Bros rejects ‘inferior’ $108bn Paramount hostile bid – as it happened

Rolling coverage of the latest economic and financial news, as UK construction sector shrinks for 12th month running

The Guardian - UK

Fed chair contender Christopher Waller says weak jobs data is strengthening the case for more rate cuts: ‘AI is stalling hiring'

Also: All the news and watercooler chat from Fortune.

Fortune

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‘CEO whisperer’ says US business leaders are privately anxious about democracy and state of economy under Trump

Famed Yale business guru Jeffrey Sonnenfeld said America’s top tycoons are freaked out by Trump’s ‘Maoist’ MAGA movement — despite some executives’ ‘Dear Leader’ praise in public

The Independent UK

Jensen Huang, AI Visionary In A Leather Jacket

Unknown to the general public just three years ago, Jensen Huang is now one of the most powerful entrepreneurs in the world as head of chip giant Nvidia.

International Business Times

Tariffs threaten your grocery bill

New trade policies could push prices higher for everything from soda cans to seafood

Salon

After the Fed, shutdown deadline is 12.01 a.m. tonight

CEOs shrug off Fed signal at Yale CEO Summit.

Fortune

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Risk, rationality, trade and tariffs

Trade wars make it harder to coordinate when dealing with everything from climate change to cybercrimes—not to mention war, disease, and innovation.

Fortune

How the stock market could be last guardrails to corral Trump’s wildest whims

Trump obsessed over the stock market during his first administration

The Independent UK

Conspiracy of silence? Why business leaders are so quiet on Trump

Experts say top chief executives are treading a fine line to avoid any backlash in the event of a Trump victory

The Guardian - US

Jamie Dimon and Bill Gates won’t publicly criticize Trump because they need leverage in the next political firestorm, ‘CEO whisperer’ says: ‘They have to keep their powder dry’

Yale management professor Jeffrey Sonnenfeld said CEOs’ political silence is purely strategic.

Fortune

Billionaires are endorsing Trump – but is that a bad bargain for them?

Experts are issuing stern warnings about business support for Trump – it could backfire badly and endanger democracy

The Guardian - US

How the Starbucks board can set its new CEO up for success

Howard Schultz has been a major part of the company for years, whether the board likes it or not.

Fortune

What CEOs could expect from a President Kamala Harris

The VP is likely to tout her administration's relatively calm stewardship to Big Business.

Fortune

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Fortune

Some Biden donors want their money back after debate disaster: 'Ridiculous manipulation and denial'

A widely derided debate performance has split Biden's backers. Some are "discouraged and insulted"—but others doubled down.

Salon

CEOs wary of Trump's 2024 "JV" squad

While some corporate execs appreciate Trump for giving them a tax break, fear persists over his nominal populism

Fortune

What top CEOs are saying about emerging tech like AI—and why it matters to CFOs

During a Yale CEO Summit, Fortune 500 chief executives discussed reinventing businesses around artificial intelligence.

The Guardian - US

‘Perilous for democracy, good for profits’: is big business ready to love Trump again?

Once-critical CEOs have reasons to back a second Trump term, with plans for tax breaks and reduced worker power

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news in one place.

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Fortune

Web Summit founder's Israel Hamas comments: a case study in PR trainwrecks

Weeks before the 70,000-person Web Summit conference kicks off, founder Patty Cosgrove has been buffeted by a wave of cancellations and recriminations.

Fortune

Smoke and mirrors: I’ve been debating Vivek Ramaswamy for 2 years. Here’s how I got past his diversionary tactics

Vivek Ramaswamy's fiercest critic, Yale Professor Jeffrey Sonnenfeld, has studied the presidential hopeful's debate strategies–and his business record.

Fortune

How Vivek Ramaswamy, the surprise GOP debate star, made his fortune and triggered his critics

He bills himself as an iconoclast ready to shake up the Republican Party after making millions trying to do the same in the biotech industry.

Los Angeles Times

Fox News-Dominion settlement doesn't end crisis for Rupert Murdoch's empire

LOS ANGELES — Fox Corp. has settled the defamation lawsuit brought by Dominion Voting Systems, but the company's troubles are far from over.

Bangkok Post

As in 2008, JPMorgan chief plays key role in bank rescue

NEW YORK: Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO Jamie Dimon played a key role in a bank rescue effort this week -- a situation sparking reminders of 2008.

Orlando Sentinel

DeSantis holds up Disney move as proof he’ll fight ‘woke’ corporations

LAKE BUENA VISTA, Fla. — As he declared victory over Walt Disney Co. on Monday, Gov. Ron DeSantis lectured the corporate leaders of the state’s biggest employer in its lifeblood tourism industry.

Los Angeles Times

Disney got ‘The Simpsons’ and ‘Avatar.’ But some now see the Fox deal as a mistake

LOS ANGELES — Will history judge Walt Disney Co.'s $71.3 billion purchase of 21st Century Fox a success?

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