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The Latest Breaking News from the Wall Street Journal

iPhone designer Jony Ive joins OpenAI, but don't expect a new ChatGPT smartphone

Jony Ive is set to join OpenAI and continue work on consumer AI devices and software.

TechRadar

Undocumented Migrants Keep Showing Up For Work Despite Increasing Threats of Deportations: Reports

President Trump has promised to deport one million migrants this year. That hasn't stopped this group from showing up for work as economic necessity prevails.

Latin Times

Democrats warn Redstone Paramount talks with Trump over CBS Kamala Harris interview may be bribery

‘If Paramount officials make these concessions in a quid pro quo arrangement to influence President Trump or other Administration officials, they may be breaking the law,’ the senators wrote to Shair Redstone

The Independent UK

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Elon Musk claims he will step back from political donations in near future

After spending nearly $300m to help elect Trump last year, the tech billionaire says he has ‘done enough’

The Guardian - US

JPMorgan CEO Issues Warning: Tariffs Could Wreck Economy While Investors Remain in the Dark

Dimon's call for swift trade negotiations reflects urgency, as prolonged uncertainty could amplify negative effects, making them harder to reverse.

International Business Times UK

Porsche Isn't in a Great Situation Right Now

Porsche might be in a mess of its own making. Sales for the German automaker were down globally by 8.0 percent through the first three months of the year. While sales in the United States were actually up, the foreign-made Macan and Cayenne made up nearly 68 percent of those…

Motor1

Democrats renew call for probe of Musk-Putin ties - Roll Call

Democrats renew their push for probes into Elon Musk's conversations with top Russian officials, given his access to sensitive information.

Roll Call

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Airbnb’s Brian Chesky says CEOs don't have to be ‘miserable’—that's why he got rid of emails and banned meetings before 10 a.m.

‘Don’t apologize for how you want to run your company,’ the $84.8 billion short-term rental boss stresses.

Fortune

UnitedHealth Group shares plunge after report of Medicare fraud inquiry

Justice department investigation into health insurance giant reported as company’s CEO says he will retire

The Guardian - US

End of an Era: Warren Buffett Quits at 94, Citing Age in Shock Resignation

Buffett's decision, revealed at Berkshire's annual meeting, stunned shareholders, earning a standing ovation. 'I didn't really start getting old until I was about 90,'

International Business Times UK

Trump cabinet member’s links to El Salvador crypto firm under scrutiny

Commerce chief Howard Lutnick’s firm backed controversial crypto giant Tether as Bukele ties deepened

The Guardian - US

Denmark summons US diplomat over reports of increased intelligence gathering in Greenland

Danish Foreign Minister Lars Lokke Rasmussen said the information in the report was “very worrying", adding that "friends" shouldn't spy on each other.

Euronews

Denmark summons US ambassador over report of Greenland spying

‘We do not spy on friends,’ foreign minister says of the ‘disturbing’ allegations

The Independent UK

US intelligence agencies told to ramp up spying on Greenland as Trump eyes takeover

Trump reiterated his interest in taking over Greenland during a recent interview

The Independent UK

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Total Film

Marvel boss Kevin Feige reportedly feels that recent MCU shows and movies "feel more like homework than entertainment"

Is Marvel producing too much content?

Euronews

Percival Everett, Branden Jacobs-Jenkins and Susie Ibarra among Pulitzer winners in the arts

Acclaimed novelist Percival Everett, playwright Branden Jacobs-Jenkins and composer Susie Ibarra have won Pulitzer Prizes this year in the arts, while the Washington Post wins for coverage of Donald Trump's shooting. Here are the winners in full.

Fortune

Elon Musk reportedly said last year he no longer wanted to be Tesla CEO but worried no one could replace him or his vision for the company

The EV maker began looking last month for a new CEO to replace Musk, the Wall Street Journal reported Monday.

Fortune

Tesla backs Elon Musk, calling an alleged plan to oust its embattled CEO ‘absolutely false’

The EV manufacturer claims its board is “highly confident” Musk can still grow the company days after revealing historically weak Q1 earnings.

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Evening Standard

Tesla denies reports it contacted recruiters to help it replace Elon Musk

The Wall Street Journal had reported the electric car maker’s board had contacted search firms to help it find a new chief executive.

Barchart

Dollar Rises on Expectations of Tariff Relief

The dollar index (DXY00 ) Tuesday rose by +0.19%. The dollar posted moderate gains on Tuesday amid tariff relief expectations after the Wall Street Journal reported that President Trump will ease auto tariffs and lift levies on foreign parts for cars and trucks made in the US. The dollar fell...

Fortune

Trump team signals rollback on some tariffs to reduce pain for suffering auto industry

The White House confirmed a report in the Wall Street Journal that automakers won’t face additional tariffs for goods like steel and aluminum.

Latin Times

Markets Boosted As Trump Softens Tariff Pain For Auto Firms

The White House said foreign auto firms paying tariffs of 25 percent for their US car and parts shipments would not face other levies such as those on steel and aluminium, the Wall Street Journal said. Companies will also be reimbursed for fees already paid.

Barchart

Stocks Settle Mixed Awaiting Trade News and Big Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.03%. June E-mini S&P futures (ESM25 ) are up +0.03%, and June E-mini Nasdaq futures...

Barchart

Stocks Mixed on Trade News and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) today is up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.29%. June E-mini S&P futures (ESM25 ) are up +0.02%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb on Hopes of US Trade Deals

The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. June E-mini S&P futures (ESM25 ) are up +0.41%, and June E-mini Nasdaq futures...

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