The California-born stepson of the late kingpin ‘El Mencho’ enjoys constitutional protections other capos could only dream of, write José de Córdoba, Santiago Pére and Steve Fisher, The Wall Street Journal.
Western economies are much less dependent on oil prices than during the Iranian revolution of 1979. But as Trump heads to China, geopolitical turmoil could be far from abating.
Doug Ostrover and Marc Lipschultz made Blue Owl a private-credit behemoth with bets on software, AI and individual investors. It is starting to show cracks, write Gregory Zuckerman, Matt Wirz and Peter Rudegeair, The Wall Street Journal.
US banker Alex McWhorter has headed Citi’s Ukrainian business since 2018. Having turned its vault into a bomb shelter, the bank is now growing along with the country’s economy – but real prosperity depends on peace.
The Italian company has taken a stake in American rival Ruger as part of a push to win more business in the U.S., writes Alistair MacDonald, The Wall Street Journal.
Ruling finds U.S. president exceeded his powers by imposing duties without clear authorization from Congress, write James Romoser and Gavin Bade, The Wall Street Journal.
Secretary of State Marco Rubio offered a warmer tone at this year’s Munich Security Conference, but European officials say the trans-Atlantic fissure remains, writes Yaroslav Trofimov, The Wall Street Journal.
Florida energy mogul Harry Sargeant III has been eyeing the country’s reserves for years. He’s on the cusp of the windfall of a lifetime, write Scott Patterson, Kejal Vyas and Alex Leary, The Wall Street Journal.
Ronan McNamee’s investment firm has realised the most expensive retail real-estate sale in the exclusive Californian city so far this century.
US policies and AI valuations mean economic seas are getting rougher, technological shocks are getting harsher and geopolitics are smashing economic policies’ doors. Welcome to the second year of the new era.
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