• White House eyes data center agreements

    White House eyes data center agreements

    The Trump administration wants technology companies to commit to a new compact concerning AI data centers, Politico has reported, citing two administration officials. The draft compact sets out commitments to make sure data centers do not raise household electricity prices, strain water supplies or undermine the energy grid, according to a draft of the compact…

  • Crypto treasury firms face contagion risk as market rout deepens

    Crypto treasury firms face contagion risk as market rout deepens

    Publicly traded crypto-hoarding companies are emerging as a new source of risk for digital-asset markets after a sharp selloff that has cut Bitcoin prices nearly in half from their October peak above $126,000. These firms, known as digital-asset treasuries (DATs), built their business models on accumulating cryptocurrencies to drive equity premiums, but that strategy is…

  • Amazon’s tax bill slashed as Trump-era law supercharges deductions

    Amazon’s tax bill slashed as Trump-era law supercharges deductions

    Amazon sharply reduced its U.S. corporate tax bill in 2025 after benefiting from tax breaks in President Trump’s new tax law, even as its domestic profits surged. The company’s current U.S. tax expense fell to $1.2bn from $9bn a year earlier, while pretax U.S. profit jumped 44.5% to $89.5bn. On a cash basis, Amazon paid…

  • Major retailers oppose Visa-Mastercard fee settlement

    Major retailers oppose Visa-Mastercard fee settlement

    Walmart and major retail groups have urged a U.S. judge to reject a proposed antitrust settlement with Visa and Mastercard, arguing it allows the firms to continue charging excessive swipe fees and forces merchants to waive claims without meaningful reform. The $30bn case, settled in November, would slightly cut fees for five years, but critics…

  • CFOs skeptical of Trump’s Fed strategy, despite upbeat economic outlook

    CFOs skeptical of Trump’s Fed strategy, despite upbeat economic outlook

    Chief financial officers remain broadly optimistic about the U.S. economic outlook but are unconvinced that President Donald Trump’s decision to replace Federal Reserve chair Jerome Powell will enhance the central bank’s effectiveness, according to CNBC’s Q4 2025 CFO Council Survey. The majority of CFOs expect economic stability in 2026, with 73% describing their outlook as…

  • Trump orders increased scrutiny of proxy advisers in ESG rebuke

    Trump orders increased scrutiny of proxy advisers in ESG rebuke

    U.S. President Donald Trump has signed an executive order to “increase oversight” of proxy advisers that guide shareholder votes made by pension funds and some other money managers, saying top firms often “advance and prioritize radical politically-motivated agendas.” Trump directed the Securities and Exchange Commission, the Federal Trade Commission and the Labor Department to review…