Nvidia cannot sell its most advanced AI chip to China, White House says

Recent reports indicate that Lilly and Novo are nearing agreements with the White House to reduce prices on obesity drugs and improve access to Medicare. This move is expected to make these essential medications more affordable for many Americans struggling with obesity.

A renowned hedge fund manager, known for predicting the Great Recession and the 'Big Short,' is making headlines again. This time, he's taking a significant bearish stance against AI companies Palantir Technologies and NVIDIA, raising eyebrows in the investment community.

Trump's recent visit to China has highlighted the shortcomings of his tariff strategies, showing that despite significant global repercussions, only limited progress has been achieved. This situation poses serious challenges for American businesses and consumers alike.

Starbucks is set to sell control of its China business to Boyu, a move aimed at accelerating growth in the region. This strategic decision reflects Starbucks' commitment to expanding its presence in one of the world's largest coffee markets.

The White House has announced that it will proceed with some SNAP payments following a threat from Trump to defy a court ruling. This decision aims to ensure that those relying on these benefits will continue to receive support during this uncertain time.

The White House has confirmed that President Trump and Prime Minister Modi of India have been maintaining regular communication, highlighting the strong diplomatic ties between the two nations.

Starbucks is adjusting its strategy in China, highlighting the challenges Western brands face in capturing this lucrative market. With the CEO now able to focus more on revitalizing the U.S. business, the company aims to navigate the complexities of international expansion.

The White House has announced that the Trump administration is complying with a court order regarding SNAP benefits, ensuring that eligible individuals will continue to receive the assistance they need. This decision reflects a commitment to uphold the legal requirements and support those who rely on these benefits.

Apollo has made a significant investment of $75 billion this quarter, showcasing its growth in deal capacity. The New York-based credit investor is on track to achieve its ambitious goal of $275 billion in new investments for the year.

The crypto industry is gearing up for the 2026 midterms with a significant financial boost, amassing around $263 million through super political action committees. This amount nearly doubles the spending of the largest committee in the 2024 elections, showcasing the growing influence of crypto in politics.

Mizuho has reaffirmed its Outperform rating on Chewy's stock, even with the recent increase in membership fees. This decision reflects confidence in Chewy's business model and growth potential, suggesting that the company is well-positioned to navigate the changes.

Geberit has reported a 5.4% increase in sales for Q3 2025, showcasing resilience despite facing currency headwinds. This growth reflects the company's strong market position and effective strategies.

The U.S. bank regulator is taking steps to ensure that major banks have eliminated their 'debanking' policies, which could lead to a more inclusive banking environment for all customers.

The U.S. bank regulator has expressed that mergers could bring significant value to the banking sector and is dedicated to conducting a swift review process. This commitment aims to facilitate beneficial consolidations that can enhance efficiency and stability in the financial landscape.