University of California Selling Munis After August Deal Shelved

The Trump administration has announced plans to roll back fuel economy regulations that were established under the Biden administration, a move that has been met with mixed reactions. While carmakers have welcomed this decision as a victory for common sense, environmental groups have criticized it as a setback for climate initiatives.

The DealBook Summit held last year featured prominent figures such as Bill Clinton, Sam Altman, and Jeff Bezos, with discussions centered around key issues like artificial intelligence, inflation, and the incoming Trump administration. These topics reflect the current economic landscape and the challenges faced by various sectors.

The US government has awarded $800 million to the Tennessee Valley Authority (TVA) and Holtec to facilitate the construction of small nuclear reactors. This initiative is part of the Trump administration's strategy to accelerate the deployment of nuclear technology in response to increasing energy demands.

Costco has initiated a lawsuit against the Trump administration, claiming that the imposition of tariffs under the International Emergency Economic Powers Act (IEEPA) was an overreach of executive authority. The retailer seeks a refund for duties paid if the tariffs are deemed unconstitutional by the courts.

Apollo Global Management President Jim Zelter announced that mergers and acquisitions (M&A) activity is projected to exceed $5 trillion in 2025, driven in part by a favorable stance from the Trump administration towards large industrial mergers.