How the CEOs face Trump: praise, time opposite, remorse and gold gifts, go very far, the shows of experience
Good morning. In recent months, I have noticed anecdotal that more world CEOs seem to meet me in Washington or New York. The head of a multinational admitted that my new popularity with his team was by design. It is important to come to the United States, he told me, and to be more visible by doing so. Some leaders come to announce new investments or new factories to build products in the United States; Others prefer to meet peers and decision -makers through Fortune Gatherings while remaining below the radar for the cover. What unites them is the desire to thrive in the delicate tariff era of Donald Trump.
The president clearly indicated that his priority was to accumulate national victories, but he is not always clear that plays for Team America, in his opinion. The new CEO of Intel, Lip-Bu Tan, lived this for himself when he was vilified by Trump in a social position of truth last Thursday as “very conflicting” due to investments in Chinese companies. The president urged him to resign. On Monday, the president in fact met Tan and made a rapid turnaround, praising the American citizen of Malaysian origin as an impressive leader with “an incredible story”.
What has changed? Faced with time, for one thing. Determined to eliminate what he described in a business letter as “a lot of disinformation”, Tan has made a quick trip to the White House to talk about his 40 years of life, investment and innovation in the United States to judge by Trump’s comments and the Declaration of Intel, Tan also talked about current and future investments of his business in the creation of America (once again?).
Many CEOs have come to assess the need to develop good relations with the president and the power of public support gestures. Apple CEO Tim Cook gave Trump a personalized glass plate mounted on a 24 -carat gold stand last week, when he announced the investment of $ 100 billion in his business in domestic production. Sam Altman of Openai expressed remorse to fall into the trap of “non -playable character” by criticizing Trump, announcing earlier this year that he had developed a more positive vision of Potus after having seen it in action. And of course, Elon Musk’s relationship with Trump was hot and cold in public, with subsequent impacts on his businesses.
Will the Praise of the President for Intel tanning will help the flea manufacturer in difficulty finding the land he has lost against rivals like Nvidia and AMD in recent years? It can’t hurt. It is certainly beating his anger.
Contact the CEO every day via Diane Brady in Diane.brady@fortune.com
Top news
Trump enters his meeting with Putin without the help of experts: FT
“He is sure to say that Trump does not have a single politician who knows Russia and Ukraine the advisor,” said Eric Rubin, who was an American ambassador to Bulgaria during Trump’s first mandate, said to FT. More than 1,300 staff members of the State Department were dismissed last month in Trump’s desire to reduce federal workforce, and some of them were analysts in Russia and Ukraine.
The White House lowers expectations for Putin’s meeting
“This is a listening exercise for the president. Look, only one part involved in this war will be present,” said spokesperson for the White House Karoline Leavitt said.
Russia continues to make additional gains in eastern Ukraine
While diplomats speak, Moscow Modifies the facts on the ground in favor of Russia.
Russian hackers are home to the American federal court system
Pirates supported by Russia have found ways to see judicial documents sealed on Pacer, the system of American Federal Courts, According to the Nyt. This potentially gives Moscow access to disputes that affects national security.
Trump’s BLS choice reviews are brutal
Conservative economists do not respect EJ Antoni, the president’s candidate to direct the Bureau of Labor Statistics, according to several reports. “Even people who can be somewhat sympathetic to his opinions of economic policy do not think he is qualified”, ” said Stan Veuger of the American Enterprise Institute. “Antoni’s heritage work has often included elementary errors or absurd choices”, ” Veuger told Axios. “There are a lot of competent conservative economists who could do this work”, ” said Kyle Pomerleau From the American Enterprise Institute, “EJ is not part”. “I participated in several programs with him at this stage and I was impressed by two things: his inability to understand the basic economy and the speed with which he left Maga”, ” said Dave Hebert of the American Institute for Economic Research. Antoni did not respond to attacks.
Trump against Goldman Sachs
The president attacked the chief of the venerable investment bank in A Social Post of Truth Yesterday, saying that “David Solomon and Goldman Sachs refuse to give a credit where the credit is due. They made a bad prediction a long time ago on the repercussions of the market and on the prices themselves, and they were wrong, just as they are wrong on so many others. Goldman did not respond.
Cava and Chipotle invest in automation
Author of Autorable Autor for the Automation of Food Services announcement An investment of 25 million dollars in series B Tuesday, led by Chipotle and Cava, signaling the start of robots in the fast chains. Cava CFO Tricia Tolivar said Fortune This union line technology will be used to support human workers rather than replacing them.
Perplexity makes an offer for Chrome
Perplexity of the company AI makes an unsolicited offer of $ 34.5 billion For Google Chrome. The offer comes when a federal judge considers what to do with Google following an antitrust decision last year which found that the company maintained an illegal monopoly in online research.
Ford’s most recent EV movement
Analysts said Fortune This $ 5 billion investment in Ford in electric vehicles, announced on Monday, could put the business in the ground in the event of failure. The previous projects of failing electric vehicles of the automaker have already cost him billions.
Financial markets prey to Deepfakes
Tianyi Zhang, Director General of Risk Management and Cybersecurity in Ant International, based in Singapore, said Fortune“In some markets, we have found that more than 70% of new inscriptions can be deep attempts. We have identified more than 150 types of Deepfake attacks.”
Markets
Future S&P 500 Shot 0.15% this morning, before the market, after the closing of the 1.13% index yesterday, a new summit of all time. Stoxx Europe 600 increased by 0.49% at the start of negotiations. The FTSE 100 of the United Kingdom increased by 0.16% at the start of negotiations. Nikkei 225 from Japan increased by 1.3%, another summit of all time. CSI 300 from China increased by 0.79%. South Korea Kospi increased by 1.08%. Nifty 50 of India increased by 0.69%. Bitcoin refused to $ 119.9,000.
Around the river
The name of Trump’s BLS suggests that the suspension of jobs report entirely until the data collection methods are `corrected ” by Nick Lichtenberg
“Is Maga going Marxist and Maoist?” Trump’s assault on free market capitalism ” – Comment by Jeffrey Sonnenfeld and John Pepper
The work of Jerome Powell has become much easier because inflation data bypass the disaster by Eleanor Pringle
Apple has a new problem of AI – This time of Elon Musk, which threatens “a legal action” if it does not drop the chatpt on the top of its appearance by Dave Smith
Multimillionaire self -taught behind $ 4 billion Empire Skims says that she was using AI like a 42 -year -old woman ” – until Mark Cuban gave her alarm clock by Orianna Rosa Royle
Spirit Airlines warns that he may not be able to survive the following year by Chris Morris
The CEO Daily is compiled and edited by Joey Abrams and Jim Edwards.
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