American businesswoman and advisor to her father
An AI-focused hedge fund called Situational Awareness has reportedly lost about 67% in a month and sold most of its public portfolio to Ken Griffin’s Citadel. The fund’s debt-fuelled, highly leveraged bets on chipmakers and AI firms has forced the sale and has prompted Wall Street to reassess concentrated AI exposures.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
The BBC has asked a Florida federal court to allow subpoenas to be served on Donald Trump Jr., Ivanka Trump and Jared Kushner in President Trump’s $10bn defamation suit over a 2024 Panorama edit. The BBC says the trio have "personal knowledge" about the January 6, 2021 speech; Trump’s lawyers argue service is blocked by Secret Service protection and call the effort politically motivated.
The Times of Israel and New York Post report that President Donald Trump hosted a delegation of Hasidic grand rabbis and community leaders in the Oval Office. Attendees included Satmar, Bobover and Vizhnitz leaders, with Mike Lawler and JD Vance present. The White House says the meeting, arranged by the Faith Office, marks a rare direct engagement with major Hasidic figures ahead of elections, touching on issues from conscription in Israel to funding for yeshivas.
Protests in Tirana mark the 101st day as demonstrators clash with police over a coastal luxury hotel project linked to Ivanka Trump and Jared Kushner. Environmentally sensitive coastlines have already suffered damage, and critics say the plan would restrict public access.
The White House is facing renewed scrutiny over Natalie Harp, Trump’s close aide known as the “human printer,” as reports of her role and gifts surface during the Irish visit. Independent reporting shows Harp’s proximity to the president has sparked internal tensions and renewed questions about media access and internal communications.
Rep. Robert Garcia has launched an oversight inquiry after ProPublica reported that Russian boxing official Umar Kremlev paid hundreds of thousands of dollars toward Donald Trump Jr.'s May wedding weekend in the Bahamas. Garcia has requested documents from the White House and Trump Jr., seeking communications, financial records and guest lists tied to Kremlev's payments.
Nvidia CEO Jensen Huang has placed President Trump on speaker during a tech conference conversation with All-In podcast hosts and defended continued data centre and AI development. Trump has warned against what he called efforts to block data-centre construction and has pledged support for the industry, while polling shows strong local opposition to new data centres over environmental and cost concerns.
Trump and Xi have extended a one-year trade truce by two months while pressing for broader deals on AI safeguards, Taiwan arms sales and tech access. Xi has announced panda exchanges to Zoo Atlanta as a symbol of friendship. Both leaders aim to avoid conflict while signaling strategic parity in a high-stakes contest.
The second US-China summit in weeks has extended a tariff truce by two months and confirmed continued dialogue, with both sides stressing stability amid ongoing tensions. No major policy announcements have emerged on AI, Taiwan, or trade, while a public spectacle underscored the event.
Trump and Xi have extended a trade truce; talks continue with no agreed fixes on AI risk, Iran, or broader global challenges. The visit features diplomacy and spectacle, with a two-month extension and measured rhetoric about a constructive bilateral path.
The Norwegian Nobel Committee has awarded the 2026 Peace Prize to South African jurist Navi Pillay for her decades-long work enforcing international law, including leadership at the Rwanda tribunal, service on multiple international courts and chairing a UN inquiry that concluded Israel committed genocide in Gaza. Pillay received the news while attending a legal forum in Nuremberg.
Pakistan’s army chief has visited Tehran twice this month with Saudi and Turkish officials. Spokesman Chaudhry says the trips signal cautious optimism in de‑escalation efforts amid a widening regional security dynamic following Mecca pact ties and ongoing Iran-US tensions.