$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Elon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s richest man looks to fuel his increasingly costly ambitions in artificial intelligence and space exploration.

(2) Documents released by the US Department of Justice appear to show that Britain’s Peter Mandelson leaked sensitive government information to disgraced financier Jeffrey Epstein while serving as a minister.

(3) France’s parliament adopted a budget for 2026 after Prime Minister Sebastien Lecornu survived two no-confidence votes Monday, bringing the curtain down on months of political upheaval that’s rattled investor confidence in the country.

(4) The UK government is increasingly concerned that more protectionist policies pursued by the European Union could exclude British companies from supply chains in key sectors, derailing a reset in post-Brexit relations and potentially costing firms billions of pounds.

(5) President Donald Trump said he would roll back punitive tariffs on India in return for an agreement that Prime Minister Narendra Modi would stop buying Russian oil, easing months of tension between the two countries.

Podcast Conversation: From New York to London, There's Now a Martini on Every Menu

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Episoder(1039)

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Powell In No Hurry, Risk Rules 'Gone Too Far' & Dimon Talks Trump

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UK Plans Pension ‘Megafunds’, Republicans Win House & Macron's Trade War Warning

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14 Nov 202419min

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Musk's New Trump Job, Treasury Selloff Bets & Fighting Over Europe’s Biggest Lithium Mine

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency ...

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Trump Said to Tap Rubio as Secretary of State, Bitcoin Nears $90,000 & Nestle's New CEO

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1)  President-elect Donald Trump is poised to pick two men with track records of harshly criticizing China fo...

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New Trump Appointments, Trump-Putin 'Ukraine Call' & Bond Market Risks

New Trump Appointments, Trump-Putin 'Ukraine Call' & Bond Market Risks

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President-elect Donald Trump said he will install Tom Homan, the former acting head of the U.S. Immigratio...

11 Nov 202415min

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Daybreak Weekend: US CPI, Reeves Speech, Tencent Earnings

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Fed Cuts As Powell Signals Trump, More Goldman Partners & British 'Wagyu' popularity

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