- In today’s CEO Daily: Diane Brady gets CEOs’ reactions to Trump’s AI executive order.
- The big story: Mass shootings rock Australia and Brown University.
- The markets: Early gains in Europe; losses in Asia.
- Plus: All the news and watercooler chat from Fortune.
Good morning. What do companies in health care, insurance, utilities, construction, professional services, financial services, education, transportation, waste management, and alcohol/cannabis distribution, among others, have in common? They’re regulated at the state level. In certain areas (food safety, environmental standards and data privacy), a mix of state and federal mandates apply. Washington sets the baseline, and individual states layer on laws that aim to reflect the priorities of local voters. In the absence of a federal missive, like Roe v. Wade in legalizing abortion, state regulations apply.
