Trump Media to merge with nuclear fusion company that wants to power AI

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

TikTok signs deal to form new US unit with investors, including Oracle, Silver Lake

SAN FRANCISCO (AP) – TikTok has signed agreements with three major investors – Oracle, Silver Lake and MGX – to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.

Russia has few legal options to challenge EU frozen asset plan

THE HAGUE, Netherlands (AP) – A core question for European Union leaders discussing whether to use frozen Russian assets to help Ukraine is whether the idea is legally sound. But even if they approve the plan, Russia has limited options for challenging it in court.

Editorials from The Washington Post, The Wall Street Journal, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

Bank of England cuts key interest rate from 4% to 3.75%

LONDON (AP) – The Bank of England on Thursday cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease.

Warner Bros recommends investors reject Paramount's offer in favor of Netflix's

NEW YORK (AP) – Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their interests and the entertainment company’s audiences.

Postal service to open last-mile delivery network to more shippers

The U.S. Postal Service said Wednesday it intends to open its “last-mile” delivery network, the most expensive part of the shipping process, to large and small shippers, expanding beyond current arrangements with giants such as Amazon and UPS.

EU eases 2035 ban on internal combustion cars as industry faces headwinds

FRANKFURT, Germany (AP) – European officials on Tuesday moved to ease their ban on sales of cars with internal combustion engines by 2035, responding to pressure from governments and automakers who argued that the industry needed more flexibility in finding ways to reduce emissions of carbon dioxide and help achieve EU climate goals.

2 big rail unions oppose $85B Union Pacific-Norfolk Southern merger

OMAHA, Neb. (AP) – The proposed $85 billion merger of Union Pacific and Norfolk Southern railroads has lost the support of two unions that represent more than half their workers over concerns it will jeopardize safety and jobs, raise shipping rates and consumer prices, and cause significant disruptions.