Peruvian-American politician and educator; mayor of Long Beach, California
Bloomberg reports on the Indian aerospace and media sectors, highlighting Netflix India’s large-scale production on Operation Safed Sagar, IndiGo’s fleet considerations with Embraer E2s, Tata Group’s appointment of a new CEO for Air India, and Cooper’s challenges with her podcast business.
Nvidia has announced memorandums with six Wall Street firms to assemble about $500 billion to finance AI infrastructure — data centres, GPU clusters and related compute — for customers that lack cash or credit. Executives are pitching compute as an investable asset class while analysts warn depreciation risk and competition from China could erode collateral value.
The House has found Leon Black in contempt of Congress for refusing to comply with subpoenas in its inquiry into Jeffrey Epstein. The full House approved the contempt resolution by unanimous consent after the Oversight Committee voted 41–0 to recommend the action. The matter has been referred to the Justice Department for possible criminal review.
The Oversight Committee has moved to refer the Epstein-related contempt against a private-equity chief to the Justice Department. Black has refused to hand over nondisclosure agreements or appear for deposition. The committee’s action comes amid bipartisan support and follows an earlier voluntary interview; a deposition was delayed but ultimately not attended.
The White House is weighing action against Ambassador Kimberly Guilfoyle amid reports of improper conduct in Athens, with officials signaling potential dismissal as investigations intensify.
The White House has asked Ambassador Guilfoyle to resign after weeks of reports detailing alleged improper conduct, including a claim that she sought a donor’s payment of a $100,000 bill in exchange for access to officials. Rubio defends the ambassador while investigations continue. The move marks the end of a tenure that lasted less than a year.