UEFA Rejects FIFA's Plan To Sell Stakes In World Cup Business
The report said the proposed entity, FIFA Forward Enterprise, aims to raise up to $4.2 billion by selling minority, non-controlling stakes to long-term investors
Power & Capital
Where state power meets the boardroom. Power & Capital is TIPP Insights' daily geoeconomic brief. We decode tariffs, sanctions, supply chains, energy, and global risk for the people who run companies. Five sharp stories every weekday, anchored by the monthly TIPP Geoeconomic Risk Index. Read it for what the headlines actually cost the bottom line.
Data Center Boom Forces US Grid To Ration Electricity
The policy will take effect in June 2027 and apply to data centers consuming at least 50 megawatts of electricity
Boeing Takes Fresh Hit From Delayed Air Force One Program
Boeing recorded a $280 million charge on the project to deliver two next-generation Air Force One aircraft to the U.S. government
Trump Imposes New Tariffs On Imports From 60 Trading Partners
Officials argued the measures are aimed at strengthening trade enforcement and promoting fair competition.
Bipartisan Bill Seeks Mandatory Kill Switches For Advanced AI
According to the report, the proposal is intended to strengthen federal oversight while ensuring humans can intervene if AI systems behave unpredictably.
White House Expands Data Center Power Cost Pledge
According to the administration, participating utilities now account for roughly 80 percent of U.S. power delivery.
‘Cannot Go to Terrorists’: House Ends Taxpayer-Funded Aid To Nigeria Over Christian Genocide
The amendment introduced by Rep. Greg Steube, R-Fla., was approved by a voice vote on Wednesday and was added to the fiscal year 2027 State Department spending bill.
Moonshot AI Faces US Scrutiny Over Nvidia Chip Access
Michael Kratsios, director of the White House Office of Science and Technology Policy, alleged that Moonshot obtained GB300-equipped servers and accessed the chips in Thailand to help train its AI models
European Union Penalizes Google For Harming Competition
According to the report, the penalties include €460 million for Google's search practices and €430 million for restrictions within the Play Store
‘Not Simply Another Community Bank’: Critics Sound Alarm Over New Indian Bank In Texas
The Indian population in the Dallas-Fort Worth area is estimated at about 230,000, with many being in the U.S. on H-1B visas
Trump Announces 100% Tariff On Generic Drug Imports By 2028
Under the plan, generic drug imports will remain tariff-free beginning Aug. 1, 2026, followed by a 100 percent tariff in August 2028 and a 200 percent tariff in August 2029.
Senate Panel Advances Bill Targeting Chinese-Linked Vehicles
The legislation, introduced by Republican Senator Bernie Moreno and Democratic Senator Elissa Slotkin, would formally establish restrictions first proposed under the Biden administration.
Canada Cancels Joint Gordie Howe Bridge Ceremony Over US Tariff Threats
The report said Canada will instead hold its own opening ceremony on Friday. Despite the diplomatic dispute, the bridge is still scheduled to open next Monday as planned.
Trump Deals Massive Blow To Minnesota, California For Alleged Fraud
Kennedy also announced that he is expanding the authority of the Centers for Medicare & Medicaid Services and the Office of Inspector General to exclude bad actors from funding.
OpenAI And Anthropic Narrow Gap With Big Tech Lobbyists
Anthropic spent $1.97 million, surpassing Nvidia's lobbying total, while OpenAI spent $1.2 million, nearly matching Nvidia's expenditure