SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally 
BlueScope Steel Shares Slip After Board Rejects A$13.2 Billion Takeover Bid 
Chevron Seeks Expanded U.S. License to Boost Venezuelan Oil Exports Amid Sanctions Talks 
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites 
Baidu’s AI Chip Unit Kunlunxin Prepares for Hong Kong IPO to Raise Up to $2 Billion 
Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026 
Walmart to Join Nasdaq-100 Index as It Replaces AstraZeneca Following Exchange Move 
Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
FCC Exempts Select Foreign-Made Drones From U.S. Import Ban Until 2026 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
FTC Blocks Edwards Lifesciences’ JenaValve Acquisition in Major Antitrust Ruling 
Johnson & Johnson Secures Tariff Exemption by Agreeing to Lower Drug Prices in the U.S. 
AustralianSuper Backs BlueScope Steel’s Rejection of $9 Billion Takeover Bid 
Federal Appeals Court Blocks Trump-Era Hospital Drug Rebate Plan 
Ford Targets Level 3 Autonomous Driving by 2028 with New EV Platform and AI Innovations 
Does Marissa Meyer know?
Multiple reports have said that Jacqueline Reses, the chief development officer of Yahoo, has been hired by Jack Dorsey’s Square Inc to head it s business financing division, Square Capital. Forbes said the hiring was done as Square closes in on its highly-anticipated initial public offering.
There has been much speculation on why Square decided to go public despite losing a lot of money. Business Insider quoted an expert on startup data, who posits that the mobile payment and merchant services aggregator may be having difficulty raising money in private markets, and is trying their luck with the public.
Re/code said Reses was one of Meyer’s closest advisers until recently. It has been suggested that Reses’ move to Square would be a harsh blow to Yahoo. Bloomberg said several top executives of Yahoo has since moved on to other companies following the search engine’s attempt to gain market share against Google and Facebook.
