The Brutalist Report

Fortune

• GameStop making $56 billion offer to acquire eBay, WSJ says [33d]
• Former NYC Mayor Giuliani in critical condition, Trump says [33d]
• Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships [33d]
• Trump says U.S. will guide stranded ships from ‘neutral and innocent’ countries out of the Strait of Hormuz while hinting at positive Iran talks [33d]
• Basic goods in Cuba are increasingly sold in U.S. dollars as economy collapses. ‘Everything is scarce here — everything — even that wretched bread’ [33d]
• Hong Kong is the hub for China’s AI IPOs. It can be so much more than that [33d]
• As economic despair mounts, Russian official admits the country has had enough of Putin’s war on Ukraine. ‘We can’t even take one region’ [33d]
• Secret Service agent was struck by buckshot from alleged White House correspondents’ dinner shooter, not friendly fire, Pirro says [33d]
• Cargo ship near the Strait of Hormuz comes under attack by multiple small boats as the U.S. and Iran exchange peace plans [33d]
• The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’ [33d]
• Chinese court rules firms can’t lay off workers on AI grounds [33d]
• Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low [33d]
• 2 U.S. service members missing after multinational war games in Morocco [33d]
• Landlords who were barred from evicting tenants during COVID are in settlement talks with DOJ to recoup as much as $1.5 billion [33d]
• Trumps says some ‘very interesting’ UFO files will be revealed, and the Pentagon promises ‘never-before-seen’ information [33d]
• The dollar has fallen 10% under Trump. It helps big multinational companies but is a ‘hidden tax’ raising costs from vacations to groceries [33d]
• AI models are choking on junk data [33d]
• He started as a part-time Starbucks barista at 17. Now he’s an exec designing the menu [33d]
• Diary of a CEO founder says he hired someone with ‘zero’ work experience because she ‘thanked the security guard by name’ before the interview [33d]
• America’s twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families [33d]
• Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology [33d]
• I spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market’s nepo problem [33d]
• America got rich and got sad. A top economist says 2020 broke something that hasn’t healed [33d]
• The US is in a league of its own when it comes to its debt burden, as rating agencies bemoan ‘long-running deterioration’ in fiscal governance [33d]
• Trump wants to cut federal loans from college programs that don’t pay off. College cosmetology, fine arts, and music programs are at risk [33d]
• A $20B battleship the U.S. abandoned after WWII is back in Trump’s $1.5T defense budget. Experts say modern missiles will easily destroy it [33d]
• Fed whisperer splits on Powell: A+ as steward, but ‘I don’t think you could give him high marks on the economy’ [33d]
• Eventbrite CEO sold her company for $500 million—without a job for the first time since 15, she’s playing chess with a robot and eyeing internships [33d]
• Zoom is giving away $150K to ‘solopreneurs’ with no strings attached—as 33 million workers ditch corporate to become their own boss [33d]
• Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000 as defense official says armed services were blindsided by move [34d]
• Trump says he is reviewing a new Iranian proposal to end the war but ‘can’t imagine that it would be acceptable’ [34d]
• Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting [34d]