Good morning From Washington. Today is the second day of Luck Summit of the most powerful women. From the speed of artificial intelligence to the changing policy environment, topic Leadership in a dynamic world It resonates. There is cause for concern: Angela Williams, CEO of United Way Worldwide, the world’s largest privately funded charity, told me that global uncertainty is prompting donors to take a “wait-and-see” approach at a time when needs are growing. But I’m also amazed by the optimism of women leaders here. At a dinner hosted by U.S. Chamber of Commerce CEO Susan B. Clark last night, there was talk about channeling entrepreneurial energy into small businesses and the opportunities now available to disrupt policy for the better.
IMF Director General Kristalina Georgieva, who joined us from the first day of the World Bank-IMF Annual Meetings, spoke about how “the private sector is more flexible and adaptable” in this environment, comparing global water trade: “You put (over) an obstacle, and it goes around it.”
SAIC Chairman Tony Towns-Whiteley spoke of the need to keep up with US adversaries operating in… “Multiple modes” They can “use their entire industrial base.”
Best-selling author Brené Brown spoke about the need to develop new skills and Reimagining the fundamentals of leadership For this new era, in a conversation we recorded for Next drive Podcast. In her last book, Strong landBrown makes a compelling case that we are not prepared for this level of uncertainty, and we risk losing focus on the core values of courageous and sustainable leadership. It is a deeply human perspective that emphasizes the kinds of connections we create at such events.
Be sure to check out our latest Next Leadership podcast coming out today apple and Spotify: Ramp CEO Eric Jaliman speaks to luck Editor-in-Chief Allison Shontel on how the fintech startup reached more than $1 billion in annual revenue by encouraging companies to spend less and creating a culture of urgency and speed at Ramp. The goal of business, in his view, is “companies that improve the lives of their customers, and that customers genuinely choose the service provider that helps them grow.”
For more inspiration from the front lines of business, Join us at MPW via live stream. Among many other things, we will hear from her Best buy CEO Corey Barry, Land OLX CEO Beth Ford, Dame Emma Walmsley GlaxoSmithKline, Nubank President of Brazil, Livia Chanes Alta Beauty CEO Kesia Steele, NYS Group President Len Martin, DBS Group CEO Tan Su Chan, Abercrombie CEO Fran Horowitz, Dina Powell McCormick BDT and MSD partners, GoodRX CEO Wendy Barnes Nordstromalexis depre, Palantirshannon clark, Procter & GambleMonica Turner, Lisa Caputo Travelers, Precautionary financeYanela Frias, Gina Mastantuono Service now, AirbnbEli Mertz and Jamie Damon JPMorgan Chase– Along with Meghan, Duchess of Sussex, former Vice President Kamala Harris, Rep. Lisa McClain (R-Mich.), Washington Mayor Muriel Bowser, and Selena Gomez.
Contact the CEO daily via Diane Brady at [email protected]
Most important news
China wants to “pull everyone down,” Besant says.
China’s controls on rare earth exports are “a sign of how weak its economy is, and that it wants to drag everyone down with it,” said Treasury Secretary Scott Besent. He told FT. “There may be some Leninist business models where hurting your customers is a good idea, but they are the biggest supplier to the world,” he said. “They’re in the middle of a recession, and they’re trying to export their way out of it.” Reality check: China imposed controls after the US imposed tariffs on its exports; And economic growth in China Stronger From America.
All living hostages in Gaza are now free
20 living hostages It was returned They were brought to Israel by Hamas after being held captive in underground tunnels with little food, water or medical care for two years. Hamas also returned 4 bodies, but said it was having difficulty finding 24 other bodies it had kept during the war. Israel returned 1,700 Palestinian prisoners. President Trump addressed the Israeli Parliament and urged the President to do so Pardoning Prime Minister Benjamin Netanyahuwho was accused of corruption. Trump too He complained About the way his hair looked The cover From Time magazine.
Google is building a $15 billion AI center in India
Google Cloud CEO Thomas Kurian Announce Google’s largest artificial intelligence center outside the United States on Tuesday. Google expects that it will spend $85 billion on artificial intelligence this year.
LendingTree CEO dies
Doug Labda, Founder of LendingTree, killing In an ATV accident on his family’s farm. He was 55 years old. He will be replaced by COO Scott Perry, the company said.
Strava intends to go public
Strava exercise tracking app He intends “To go public at some point,” according to a new Financial Times interview with CEO Michael Horbath. The app was recently valued at $2.2 billion thanks to a wave of Generation Z who have turned to exercise, running in particular.
Logitech CEO says those who don’t use AI are ‘missing out’
Also from luckStrongest Women Conference, Logitech CEO Hanneke Faber male They use AI bots in almost every meeting and will be open to an AI board member. “If you don’t have an AI agent in every meeting, you’re going to lose some productivity,” Faber said.
Most major news brands reject the Pentagon’s censorship rules
A dozen or more major media companies have done so, including conservative-leaning newsrooms He refused to sign Pledge to only report news officially approved by the Pentagon. Defense Minister Pete Hegseth said he would revoke the press credentials of any brand that refused to obey the rules.
Markets
Standard & Poor’s 500 futures It is down 0.75% this morning. The index closed at an increase of 1.56% in its last session. Stokes Europe 600 It decreased by 0.47% in early trading. FTSE 100 index in the United Kingdom It was flat in early trading. Japan’s Nikkei 225 It decreased by 2.58%. China CSI 300 Decreased by 1.2%. South Korea Cosby Decreased by 0.63%. India stylish 50’s It fell by 0.42% before the end of the session. Bitcoin It decreased to $111.8 thousand.
About the water cooler
The top analyst warns that a “larger-than-expected correction is likely” if Trump and China do not come to terms By Nick Lichtenberg
‘Scandal’: US chief economist Jeremy Siegel says sleepwalking into rare earth crisis as China tightens grip By Eva Roitberg
Former Apple CEO says ‘AI has not been a special strength’ for the tech giant and warns it has its first major competitor in decades By Sasha Rogelberg
Peter Thiel says he warned Elon Musk not to donate to The Giving Pledge because Bill Gates would donate his fortune to “left-wing nonprofits.” By Jessica Kawachi
CEO Daily is compiled and edited by Joey Abrams and Jim Edwards.
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