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The Latest Breaking News from the Wall Street Journal

Paramount may reportedly settle Trump's $10 billion lawsuit against CBS so his administration doesn't try to block its planned merger with Skydance

President Trump is suing companies and they’re settling. Paramount could be next.

Fortune

Trump’s demands to drop DEI leads to deletion of unrelated federal pages

IRS handbook containing mentions of taxpayers’ ‘inequity’ and ‘inclusion’ have been wiped, WSJ reports

The Guardian - US

UPS Stock Takes Hit Over Fewer Amazon Deliveries

United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with Amazon by more than 50% by June 2026.

International Business Times

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State Department told to ‘downplay’ Black History Month to back Trump’s anti-DEI order: report

Vague guidance asks State Department officials to celebrate ‘individual contributions’ to American history while maintaining the ‘spirit’ of Trump’s anti-DEI programs

The Independent UK

Elon Musk told staff X is ‘barely breaking even’, reports say

At least one bank is preparing to sell billions of the company’s debt next week

The Independent UK

Whistleblower raises alarm that Kash Patel ‘broke protocol’ over hostage rescue

Unnamed whistleblower claims Patel inserted himself in a hostage exchange mission and provided public comment without authorization

The Independent UK

Why food prices are rising again

The recent price hikes can’t be attributed to just “one factor,” The Wall Street Journal first reported

Salon

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Wealthy Trump appointees are flocking to Washington, D.C., and looking for luxury homes

President Donald Trump’s rich Cabinet picks are either buying or looking for lavish houses in the capital, the Wall Street Journal reported.

Fortune

Getting out of DOGE? Government efficiency agency sees another top leader bolt as lawyer follows Ramaswamy’s exit

Bill McGinley, who was appointed as DOGE’s legal counsel by the president in December announced his decision on Thursday

The Independent UK

Trump Gives DEA, ATF, USMS, Deportation Power To Aid With Crackdown

Administration officials are planning for the Justice Department to cooperate with the promised mass deportation campaign

Latin Times

DEA agents now have the power to make arrests for deportations – as Trump spreads federal authority to push his plans

The FBI already has immigration-enforcement powers via Title 8 authority, but the agency typically focuses on criminal investigations

The Independent UK

Stocks Set to Open Higher as Bond Yields Fall After Trump’s Inauguration, U.S. Economic Data and Earnings in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.50%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.55% this morning as Treasury yields fell after cash trading resumed following the Martin Luther King Jr. Day holiday, with investors digesting President Donald Trump’s return to the White House and awaiting…

Barchart

Shoppers To New CEO: Bring Back The Old Kohl's

Kohl's customers are urging new CEO Ashley Buchanan to reverse changes made under prior leadership that alienated older, loyal shoppers.

International Business Times

China’s vice president makes a stop to see Elon Musk on his way to Trump’s inauguration

Han Zheng is scheduled to attend the celebrations in Washington D.C. on Monday and is the most senior Chinese official to attend a U.S. inauguration.

Fortune

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Latin Times

Trump's Incoming Border Czar Tom Homan Promises 'Big Raid Across the Country' Starting Tuesday

Donald Trump's incoming border czar Tom Homan said the administration will kick off the president-elect's campaign promise of mass deportations beginning with a series of large-scale raids the day after the inauguration.

Reason

As Fires Burn, Private Firms and Personal Effort Step In Where California Officials Fail

Californians are turning to private firefighting and security, but officialdom gets in the way.

Latin Times

Brazil's Bolsonaro is Invited to Trump's Inauguration, He Thinks It Will Help Him Avoid Prison

Former President Jair Bolsonaro, who is facing criminal charges, has been invited to Trump's inauguration even though Brazil's government has confiscated his passport

Salon

WSJ: Gabbard doesn't know what DNI does

A new report from the Wall Street Journal claims Gabbard was unable to answer questions about the position

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The Independent UK

Costco remains committed to DEI. Its CEO told a critic ‘I am not prepared to change’

The company believes DEI initiatives help its bottom line

The Independent UK

The rise of ‘ghost jobs’: One in five job posts aren’t real, new report shows

Sixty-two percent of hiring personnel who posted ghost jobs said they wanted their employees to ‘feel replaceable,’ according to one survey

Salon

TikTok to Elon Musk?

Chinese officials are considering whether Musk could acquire the app's U.S. operations if it is banned, reports say

Latin Times

Incoming Border Czar Hints at Using Military Bases to Boost Mass Deportation Efforts

With just one week until Trump takes office, the incoming administration continues to provide details about its strategies to conduct mass deportations

InsideEVs

Toyota Exec: 'We Have Learned From The bZ4X Crisis'

As a rule, I don't count Toyota out in the electric vehicle race—or the race for any future transportation technology. But my rule has its limits. While Toyota had a fantastic year in the U.S. in 2024 on the strengths of its hybrid cars, the cracks are beginning to show…

The Conversation

Is capitalism falling out of favor? We analyzed 400,000 news stories to find out

Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic system” may seem like a yawn, countless people have fought and died in major wars over which one should dominate.

The Independent UK

The Trumps are ‘in talks’ to buy back their beloved D.C. hotel

Trump’s family company is looking to operate a hotel in the nation’s capital as president-elect once again prepares to enter White House

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People

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