President Donald Trump has filed an emergency appeal with the U.S. Supreme Court, seeking to limit the authority of lower-court judges who issue nationwide injunctions blocking federal policies. The appeal focuses on his controversial executive order attempting to end birthright citizenship, arguing that nationwide injunctions are becoming a growing problem and hinder the Executive Branch's ability to function effectively.
Mark Cuban is launching a new venture to hire former U.S. Digital Service and 18F employees, aiming to bridge the gap between government and private sector technology initiatives while fostering innovation and efficiency. This move underscores the value of these individuals' unique skill sets and their potential to drive advancements in both sectors.
Cathie Wood, CEO of ARK Invest, remains bullish on Tesla, despite the stock's decline, citing its strong position in the autonomous vehicle race and potential for robotaxis to transform the company into a software powerhouse. However, her flagship ARK Innovation ETF (ARKK) has underperformed the market, raising questions about her investment strategy.
Berkshire Hathaway has paused its share buyback program as its stock nears an all-time high, despite outperforming the S&P 500 this year. The company's strong performance and high stock price may lead to continued buyback abstinence throughout the year, potentially impacting future financial strategies and investor sentiment.
U.S. forces, in collaboration with Iraqi intelligence and security services, killed a high-profile ISIS leader, Abdallah Makki Muslih al-Rifai, in a precision airstrike in western Iraq. The operation marks a significant victory in the fight against terrorism, as al-Rifai was a key figure in the organization, overseeing global operations, logistics, and financial matters.