Los Angeles. The Southern California News Group published an editorial on Dec. 28 saying a $12 billion payout to farmers underscores failures of President Trump's tariff-driven trade policies. The editorial stated the bailout, announced earlier this month, followed harms to farmers from retaliatory measures and called tariffs additional taxes on...
United States — Olema Pharmaceuticals executives sold shares between December 19 and December 23, 2025, according to Securities and Exchange Commission filings. Chief Medical Officer Naseem Zojwalla sold $7.5 million of common stock and exercised options; Director Ian T. Clark sold $7.87 million and exercised options; David Myles sold about...
United States — State-level agricultural exports to China fell significantly this calendar year, local news outlets nationwide reporting declines derived from USDA trade data analyzed by Farm Flavor. Between 2025 and prior years, multiple states recorded reduced shipments: Virginia ($49.4M), Iowa ($39M), Arkansas ($24.5M), Alabama ($23.9M), Missouri ($19.5M), Connecticut ($13.6M),...
Washington — President Donald Trump announced Monday that the U.S. Navy will begin construction of two 'Trump-class' warships and that South Korea's Hanwha will collaborate on new frigates. Trump described the ships as larger than Iowa-class vessels, with 30,000–40,000-ton displacement and advanced weapons including hypersonics, railguns, and lasers. He said...
Mountain View, Calif. Alphabet announced on Dec. 22 that it will acquire energy and data-center developer Intersect for $4.75 billion to secure power for artificial intelligence workloads. The company said it will allow Intersect to operate independently after the deal, which follows a prior Google investment and project collaborations. Intersect...
TOPEKA, Kan. Kansas lawmakers approved a STAR bonds package Monday and the Kansas City Chiefs announced an agreement to relocate to Kansas beginning in 2031. The Legislature authorized up to 70% of a proposed stadium’s cost to be covered by STAR bonds, financed with future sales and liquor tax revenues...
San Francisco, United States. A power outage on Saturday, Dec. 20 cut electricity to about 130,000 customers after a fire at a Pacific Gas and Electric substation, officials said. The outage hit northern neighbourhoods including Richmond, Presidio and areas near Golden Gate Park, causing transit disruptions, traffic-signal failures and business...
WASHINGTON — The Trump administration announced agreements with nine drugmakers to lower U.S. prescription prices and expand domestic manufacturing. Companies pledged to cut Medicaid prices to levels paid in peer nations, launch new drugs at comparable global prices, and distribute discounts through a TrumpRx platform. The deals raised the total...
Eden Prairie, Minn. — Winnebago Industries reported fiscal first-quarter net income of $5.5 million and adjusted earnings of $0.38 per share, beating analyst estimates, and projected full-year earnings of $2.10–$2.80 per share with revenue of $2.8–$3.0 billion, and guidance details followed. Miami — Carnival Corp. reported fiscal fourth-quarter profit of...
San Francisco — TikTok signed binding agreements this week to transfer control of its U.S. operations to a new joint venture led by Oracle, Silver Lake and MGX, CEO Shou Zi Chew wrote in an internal memo and confirmations online. The deal, required under a 2024 U.S. law, would give...
