Author: Daniel snow

In a Tuesday interview with CNBC’s Jim Cramer, Nucor CEO Leon Topalian expressed optimism about what President Donald Trump’s tariff policies mean for the U.S. steel industry.”We saw the memo last Monday on tariffs and what they’re going to do,” Topalian said. “And I think they’re going to be far reaching, and I think they’re going to be very broad to, again, stop the illegal dumping, the manipulation, currency manipulation and subsidization of steels coming into the shores of the U.S.”He referenced actions during Trump’s first term, when the administration imposed a 25% tariff on steel imports, meant to curb…

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What is the proper role of business in society? The answer to this seemingly abstract question is more hotly contested today than at any other time in the past 50 years. In a world of climate change and ecological collapse, fewer customers and employees are satisfied with the position, famously summarized by economist Milton Friedman, that the only social responsibility of business is to increase its profits, while staying within the law. Many would like to see corporations go further. But how far? And in which directions? To discuss how business leaders can answer these questions and cultivate trust-based relationships…

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A judge on Friday sentenced an Alabama man to 14 months in prison for his role in the January 2024 hack of the Securities and Exchange Commission’s X account, which was used to send out a tweet that briefly spiked the price of bitcoin by more than $1,000, the Justice Department said.The man, Eric Council Jr., pleaded guilty three months ago in U.S. District Court in Washington, D.C., to conspiracy to commit aggravated identity theft and access device fraud in connection with helping others who took control of the SEC’s account.The X account was used to falsely claim that the…

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Brinker International CEO Kevin Hochman detailed how his company has improved its Chili’s chain in an interview with CNBC’s Jim Cramer, saying new advertising strategies have helped bring in customers and return the brand to relevancy.”Progressively, every quarter, our results are getting better and better, now they’re being fueled by 19% traffic growth, and, quite frankly, we think the sky’s the limit,” Hochman said. “We don’t think this is the end, we think this is just the beginning of the Chili’s turnaround.”Brinker posted an earnings beat on Wednesday, sending share soaring to finish the session up more than 16%. The…

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SPIROS MICHALAKIS: You may think quantum, Why should I care? You should care because even if 1% of what we expect comes to be, it will exponentially transform your business. SCOTT LIKENS: Quantum will give us an advantage to go solve big, global societal problems that are just impossible to solve today on classical computers. SPIROS: What really gives it its power, is this function it has to push you to look at the world from a new perspective. LIZZIE O’LEARY: From PwC’s management publication strategy and business, this is Take on Tomorrow, the podcast that brings together experts from…

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Nvidia CEO Jensen Huang attends an event, “Investing in America,” held by President Donald Trump in Washington, April 30, 2025.Leah Millis | ReutersU.S. tech giants Nvidia, Cisco, Oracle and OpenAI are supporting the “UAE Stargate” artificial intelligence data center announced this week, multiple people familiar with the deal confirmed Friday.AI chip leader Nvidia will supply hardware with the latest Blackwell GB300 systems, one person, who asked not to be named in order to speak freely, confirmed.The data center will collaborate with the AI infrastructure project of the same name in the U.S. announced by President Donald Trump shortly after his inauguration…

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