Industries

• Trump Suggests Ukraine Needs a New President, Blasting Zelenskyy
  President Donald Trump demanded that Volodymyr Zelenskyy halt attacks on Russian oil refineries and suggested he should consider stepping aside as Ukraine’s president, escalating a fight centered on securing more diesel supplies for the US ahead of the midterm elections.
• Supreme Court Recusals in Spotlight as Alito Drops From Oil Case
  Justice Samuel Alito’s decision not to take part in a major climate-change case because of his wife’s stock holdings is putting renewed focus on the US Supreme Court’s recusal practices as it kicks off its new nine-month term.
• Trump’s AI Liability Push Opens Blame Game for Models Gone Rogue
  The Trump administration’s embrace of legal liability to enforce artificial intelligence safety sets the stage for future conflicts over who foots the bill when AI models go rogue: the companies that design the systems or the people that deploy the technology.
• Old Downtown Chicago Trading Hub Is Reborn as an AI Data Center
• SpaceX’s $750 Billion Rally Breaks Stock Out of Post-IPO Funk
  SpaceX investors are finally getting some reprieve after months of being whipsawed by volatility as the Elon Musk-led company’s stock breaks above the level it’s been stuck below since July.
• Hurricane Isaias Shuts Almost Three-Quarters of Gulf Oil Output
  Hurricane Isaias is lifting US Gulf Coast crude prices, with nearly three-quarters of oil production in the region shut in.
• Jet Fuel Nears $5 a Gallon in New York, LA on War Disruptions
  Jet fuel prices in New York and Los Angeles are climbing back toward $5 a gallon as Ukrainian attacks on Russian refineries and curtailed Middle East shipments of refined products weigh on supplies.
• Bankers Prep €7 Billion Debt for Siemens Energy Unit Stake Sale
  Bankers are working on debt financings of up to €7 billion ($7.9 billion) to back a potential sale of Siemens Energy AG’s steam turbines business.
• Boeing, Airbus Win Orders From Chinese-Owned Lessor Avolon
  Boeing Co. and Airbus SE both won orders from leasing company Avolon Holdings Ltd., locking in delivery slots as the planemakers’ backlogs swell.
• Delta Cuts Profit Outlook as Surging Fuel Costs Tighten Grip
  Delta Air Lines Inc. reduced its full-year earnings outlook as jet fuel prices remain elevated, signaling mounting pressure on an airline industry whose smaller players are even less equipped to weather spiraling costs.