The Brutalist Report

Fortune

• Illinois joins Ohio in ordering pause on data center tax credits [46d]
• The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’ [46d]
• Trump says he supports salary cap for Major League Baseball [46d]
• Oil drilling rises in longest U.S. streak since 2022 on price bump [46d]
• SpaceX and other mega IPOs may wait years to join the S&P 500 [46d]
• During D-Day speech in France, Hegseth invokes immigration and says ‘When will European capitals do something about that invasion?’ [46d]
• Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes [46d]
• This may be the maximum level of U.S. debt that’s sustainable before interest payments trigger a default crisis that even steep tax hikes can’t fix [46d]
• Marvell Technology, Flex to join S&P 500 later this month [46d]
• Ukraine targets St. Petersburg after Putin refuses talks [46d]
• Why oil’s not at $200 after the biggest supply shock in history [46d]
• The Seattle Storm used to be the ‘tail’ on the ‘dog’ of its NBA counterpart. Now the WNBA team is leading the city’s basketball revival [46d]
• ‘That’s the way life goes’: Trump tells Knicks fans who can’t afford tickets to ‘watch it on television’ [46d]
• Trump issues pardon to former Republican congressman who made $350,000 in illegal gains from insider trading [46d]
• Bernie Sanders and Sam Altman’s private one-hour meeting about the public ownership of AI [46d]
• ‘We don’t want to see ‘60 Minutes’ die’: the last 3 correspondents say they’re staying at CBS News [46d]
• Trump says ‘situation with Iran seems to be going quite well’ while U.S. shoots down more missiles and drones near Strait of Hormuz [47d]
• Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional [47d]
• These 12 Fortune 500 companies have survived wars, crashes, and over 200 years of U.S. history [47d]
• I’ve sold property on California’s Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle [47d]