Bloomberg Business

Trump Endorses Ohio’s Jim Jordan for House Speaker Over Scalise

Donald Trump endorsed Representative Jim Jordan as the next speaker of the US House of Representatives, giving the nine-term congressman from Ohio the former president’s coveted stamp of approval going into next week’s leadership elections.

US Warns EU’s Landmark AI Policy Will Only Benefit Big Tech

The US warned the European Union that its proposed law to regulate artificial intelligence would favor companies with the resources to cover the costs of compliance while hurting smaller firms, according to previously undisclosed documents.

EU, US Seek Interim Steel Deal to Avoid Return of Trump Tariffs

The leaders of the European Union and the US are seeking to announce an interim deal at an Oct. 20 summit on steel and aluminum trade that would avert the re-imposition of Trump-era tariffs on billions of dollars of transatlantic commerce.

Ukraine’s Antonov Joins European Aerospace and Defense Lobby

One of Europe’s largest aerospace and defense industry associations has welcomed its first Ukrainian firm as a member, at a time when allies are under pressure to reassure Kyiv of their long-term commitment to help fend off Russia’s invasion.

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