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As the last tariff-free freighters pull into LA, China trade talks will begin on Friday

Good morning. The mood at the annual Milken Institute Global Conference felt surprisingly emotional this year. There was founder Michael Milken’s keynote address, only his third since the gathering began in 1998. He spoke about investing in children, partnerships, and the American dream. I moderated a conversation about creativity, innovation, and luxury in which  I … Read more

Rivian’s reportedly sitting on a stockpile of tariff-free batteries

Rivian built up a stockpile of batteries for its trucks, SUVs, and commercial vans before and after the election of Donald Trump, a strategy used to soften the blow of the president’s tariffs, according to Bloomberg News. The company apparently bought an undisclosed number of lithium iron phosphate batteries from Chinese firm Gotion before the … Read more

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