From TradeBriefs <[email protected]>
Subject 'We're the invisible ones': the chiefs of staff running the world's biggest companies - Nov 4, 2025
Date November 4, 2025 12:29 AM
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News and Insight for Decision-Makers

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Why Some Societies Are More Entrepreneurial

[[link removed]}&lead=419599&emailid=250207&nl=international]
Why do some regions seem to naturally foster startups, risk-taking,
and innovation, while others don't? Wharton management professors
Valentina Assenova and Raffi Amit set out to answer this question
through their study of how culturally determined social norms affect
attitudes toward entrepreneurship and the formation of firms.

Continued here

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Work

'We're the invisible ones': the chiefs of staff running the world's
biggest companies - FT [[link removed]}&lead=419599&emailid=250207&nl=international]
[[link removed]}&lead=419599&emailid=250207&nl=international]
Long associated with politics or the military, the behind-the-scenes
role is increasingly popular in the private sector

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The Arab world's last militant leader is elusive and defiant - WSJ
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Israel has battered its enemy commanders into submission except one:
Abdulmalik Al-Houthi, a secrecy-obsessed fighter whose followers
believe he is anointed by God.

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FDA's top drug regulator resigns after federal officials probe
'serious concerns' about his conduct
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[[link removed]}&lead=419599&emailid=250207&nl=international]
The head of the Food and Drug Administration's drug center abruptly
resigned Sunday amid concerns about his personal conduct. A federal
spokesperson said Dr. George Tidmarsh left the agency after federal
lawyers began looking into "serious concerns about his personal
conduct," according to an official statement. Tidmarsh had been
serving as the FDA's top regulator since July. His resignation came
the same day that a drugmaker filed a lawsuit against him alleging
"false and defamatory statements" about its products. The drugmaker,
Aurinia Pharmaceuticals, is chaired by one of Tidmarsh's former
business associates.

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Trump's Major Student-Loan Repayment Overhaul Continues - BI
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[[link removed]}&lead=419599&emailid=250207&nl=international]
On Monday, the Department of Education will begin its second week of
negotiations with stakeholders on President Donald Trump's plan to
overhaul repayment plans and impose new caps on borrowing. The changes
were codified in Trump's "big beautiful" spending bill, which he
signed into law in July.















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The 5 Kinds of Capital That Can Save Generational Wealth: Advisor - BI
[[link removed]}&lead=419599&emailid=250207&nl=international]
[[link removed]}&lead=419599&emailid=250207&nl=international]
A pioneer in family wealth management and author of "Family Wealth:
Keeping It in the Family," Hughes is regarded as the father of modern
family governance -- a man who taught dynasties that the secret to
keeping their money isn't about spreadsheets or tax shelters.

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New nanoparticles stimulate the immune system to attack ovarian tumors
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[[link removed]}&lead=419599&emailid=250207&nl=international]
MIT researchers designed nanoparticles that can deliver an
immune-stimulating molecule called IL-12 directly to ovarian tumors.
When given to mice along with checkpoint inhibitors, the treatment
eliminated metastatic tumors more than 80 percent of the time.

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Trump's National Guard deployments aren't random. They were planned
years ago
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President Trump and several others now high up in his second
administration have been talking about using the National Guard to
help with mass deportations -- and possibly invoking the Insurrection
Act -- for years. Now, those plans might be playing out.

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How to beat the hard right, Netherlands edition - The Economist
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It turns out that it is not so simple; but smiling helps
























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Kimberly-Clark Agrees to Buy Kenvue, Maker of Tylenol, for $40 Billion
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The owner of Kleenex and Huggies will acquire the embattled company,
which has fought claims by the Trump administration that a common pain
reliever is linked to harmful side effects.

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'Heroic' actions of train employee and driver saved many lives in
England stabbing attack, police say | CNN
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There were just 11 minutes between the moment British police received
an emergency call about a stabbing on a train heading to London and
the moment the suspect was arrested.

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Gender inequality accelerates Japan's rural depopulation
[[link removed]}&lead=419599&emailid=250207&nl=international]
Akita Prefecture has Japan's most aged population, lowest birthrate
and fastest declining population. Rigid gender roles are prompting
young women to leave rural areas like this for opportunities
elsewhere.

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'I'm so excited': Jesse Eisenberg is donating a kidney to a stranger
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Actor and director, who is already a regular blood donor, says that he
will make the organ donation next month















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How higher states of consciousness can forever change your perception
of reality
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[[link removed]}&lead=419599&emailid=250207&nl=international]
Awakening experiences, often perceived as mysterious, are temporary
expansions of awareness. Psychologist Steve Taylor's 15 years of
research reveal three main triggers, offering a scientific
understanding of these transformative perceptions.

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Trump administration is planning new mission in Mexico against
cartels, current and former U.S. officials say
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The new operation would include U.S. troops on the ground in Mexico
striking drug labs and cartel leaders, according to current and former
U.S. officials, though a deployment is not imminent.

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Two Partners at Goldman Said the Same Thing Keeps Them up at Night -
BI [[link removed]}&lead=419599&emailid=250207&nl=international]
[[link removed]}&lead=419599&emailid=250207&nl=international]
Between billion-dollar investments and global market shocks, partners
at Goldman Sachs have no shortage of things to worry about. But two of
them share a common nighttime preoccupation.

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Apple isn't playing the same AI capex game as the rest of the megacaps
[[link removed]}&lead=419599&emailid=250207&nl=international]
While many of the largest tech companies race to build massive data
centers for their artificial intelligence ambitions, Apple is taking a
more modest approach.
























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World's largest heat pump under development in Germany
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[[link removed]}&lead=419599&emailid=250207&nl=international]
The 162 MW project is being developed by German utility MVV Energie.
The system will use water from the Rhine river as a heat source and is
expected to generate heat with temperatures of up to 130 C.

Work

Data ignorance is bliss for markets as government shutdown lingers on
| Fortune
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"The danger with this data is that its message will be given
unwarranted credibility by the absence of proper economic data," said
UBS's chief economist, Paul Donovan.

Work

Israeli military's ex-top lawyer arrested as scandal over video leak
deepens [[link removed]}&lead=419599&emailid=250207&nl=international]
[[link removed]}&lead=419599&emailid=250207&nl=international]
Maj Gen Yifat Tomer-Yerushalmi resigned on Friday, admitting leaking a
video allegedly showing abuse of a Palestinian detainee.

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Famine spreads to two more areas in Sudan, global hunger authority
says
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[[link removed]}&lead=419599&emailid=250207&nl=international]
The world's leading authority on hunger crises says famine has spread
to two regions in war-torn Sudan. The Integrated Food Security Phase
Classification says famine has been detected in el-Fasher city in
Darfur and Kadugli town in South Kordofan province. Paramilitary
forces rampaged through the besieged el-Fasher last week, reportedly
killing hundreds of people. Sudan has been torn apart since April 2023
by a power struggle between the military and the paramilitary Rapid
Support Forces. The U.N. says more than 40,000 people have been
killed, but aid groups believe the true number could be much higher.







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Medieval tower partially collapses in Rome, badly injuring one worker
and trapping another | CNN
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A medieval tower in the heart of Italy's capital, near the famous
Roman Forum ruins, partially collapsed on Monday during renovations of
the structure, critically injuring one worker and trapping another,
authorities said.

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Nvidia to invest up to $1 billion in AI startup Poolside, Bloomberg
News reports
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Nvidia will invest up to $1 billion in AI company Poolside, in a deal
that would quadruple the startup's valuation, Bloomberg News reported
on Thursday, citing people familiar with the matter.

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The World's Youngest Self-Made Billionaires Are A Trio Of 22-Year-Old
AI Founders
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With a new $10 billion valuation for their AI recruiting startup
Mercor, the founders are the youngest tech billionaires ever.

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Beijing Adviser Says US Talks Cement China as 'Equal Partner' -
Bloomberg [[link removed]}&lead=419599&emailid=250207&nl=international]
[[link removed]}&lead=419599&emailid=250207&nl=international]
The summit between Chinese President Xi Jinping and his American
counterpart Donald Trump was a breakthrough in bilateral relationship
where the Asian giant was treated as an "equal partner" of the US,
according to David Daokui Li, a regular policy adviser to Beijing.

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How the US economy has defied doomsday predictions on tariffs - WSJ
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When President Trump announced sweeping tariffs in April, economists
predicted surging inflation and raised the odds of a recession.
Companies and consumers stockpiled to get ahead of price rises. Those
worries now seem overblown.

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Supreme Court Grapples With Suit by Soldier Injured in Bombing on U.S.
Base
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The lawsuit stemmed from a 2016 suicide attack in Afghanistan by a
former Taliban member hired as a subcontractor on an American military
base.

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Restaurant recession rears its head as Chipotle, Sweetgreen hit hard
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Young Americans are ditching $15 burritos for groceries — worrying
CEOs and sending fast-casual stocks plunging as much as 80%

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The 10 most affordable cities in America to buy a home
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Homeownership can feel impossible given the current economic climate,
but some cities are still relatively affordable

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The 5 best states in America for retirees â and the 5 worst
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A new report examines costs, healthcare, and quality-of-life data to
pinpoint the best and worst places to retire

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U.S. homeowners are underwater as pandemic housing boom deflates
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A growing number of American homeowners are finding themselves
underwater. Here's what that means for the economy

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The states where Americans are struggling financially the most and
least [[link removed]}&lead=419599&emailid=250207&nl=international]
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Some states are seeing high levels of financial distress, while others
are coping better with turbulent economic times

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Tariffs will add $28 billion to holiday spending this year
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A new report from Lending Tree found that if tariffs had been in
effect last winter, Americans would have spent an additional $132
apiece

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The 5 best countries for American expats in 2025
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A survey of more than 10,000 people in 172 nations found the best
countries for American expats this year

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John Irving Talks About 'Queen Esther,' Trump and Why He Can't Stop
Writing
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The literary titan is still publishing books, and still pushing
envelopes, at 83. But you will not see him in the United States
anytime soon.

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After Hurricane Melissa, a Seaside Town in Jamaica Picks Up the Pieces
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The devastation caused by Hurricane Melissa in Black River, Jamaica,
reflects the broader destruction and rebuilding facing many Jamaican
communities.

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Opinion | These Israeli Dissidents Can Show Americans How to Be a Good
Citizen of a Bad Country
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And why it matters so much to try.

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OpenAI signs massive AI compute deal with Amazon
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Deal will provide access to hundreds of thousands of Nvidia chips that
power ChatGPT.

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Disruption to science will last longer than the US government shutdown
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The consequences of the shutdown extend far beyond a lapse in funding.

Work

Canada's Liberal party says budget of 'sacrifice' needed to avoid
recession
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In a post on social media on Monday, Carney said his "number one focus
is to put Canadians back in control" by reducing reliance on the US
and doubling exports to other nations - a move that will require
citizens to make "difficult" and "responsible" choices.

Work

Trump administration says it will partially fund Snap food aid
benefits- live
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Patrick Penn, deputy under secretary for food, nutrition, and consumer
services at the USDA, said in a court filing the agency was carefully
considering using those funds but determined they must remain
available for child nutrition programs instead of Snap.

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Trump approval rating falls to second-term low of 37%
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With the midterm elections coming up next November, 41% of Americans
said that if they were voting for Congress today, their vote would be
a way to show opposition to Trump. Meanwhile, 21% said their vote
would signal support for Trump and 38% said their vote would not be
about sending any message to him.

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Pfizer files second lawsuit against Novo Nordisk, Metsera in battle
over obesity startup
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In a statement, Pfizer said that the move by Novo, a Danish company,
is “capturing and killing a nascent American competitor before it
gains the support of Pfizer, one of America’s leading pharmaceutical
companies.”

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2 Men Plotted Attack in Michigan on Halloween, U.S. Says
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The two men face federal charges of planning a terrorist attack
inspired by the Islamic State.

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WIC Food Aid Program for Families Gets Funding Stopgap
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An injection of $450 million for WIC comes as the Trump administration
announced it would only fund partial benefits for another food aid
program, the Supplemental Nutrition Assistance Program, or SNAP, for
November.

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2 Lawsuits Challenge New Rule Limiting Student Loan Forgiveness
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Nonprofit groups and state officials warned that the rule could be
used to penalize organizations and agencies at odds with the Trump
administration’s political agenda.

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Trump Tells '60 Minutes' He Didn't Know Binance Billionaire He
Pardoned
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Changpeng Zhao had admitted to violations that allowed criminals to
move money on the cryptocurrency exchange he founded, which struck a
lucrative deal involving the Trump family’s own venture.

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Jack Smith, Trump's Target, Moves From Defense to Counterattack
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The former special counsel has told people in his orbit he welcomes
the opportunity to present the public case against the president
denied to him by adverse court rulings and the 2024 election.

Work

Trial Begins for D.C. Man Accused of Throwing a Sandwich at a Federal
Agent
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Jury selection started on Monday for Sean C. Dunn, who was charged
with misdemeanor assault after hitting a federal agent with a
“sub-style sandwich.”

Work

Trump Administration to Send Only Partial Food Stamp Payments This
Month
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The government said it would send the aid after a court ruled last
week that it must preserve the program known as SNAP during the
shutdown.

Work

Ford Foundation Leader Vows to Protect Elections and Law as Trump
Threatens Crackdown
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Heather K. Gerken, a voting rights scholar and former dean of Yale Law
School, plans to intensify its emphasis on democracy as it girds for
attacks from the Trump administration.

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