Elon Musk bashes Trump's $500 billion AI project • European banks to reward investors • Trump threatens Russia with sanctions, and more - Thursday 23/January/2025 Business Headlines

Thursday 23/January/2025 Business Headlines

• Elon Musk bashes Trump's $500 billion AI project announcement, claims its backers are 'broke'
• European banks to reward investors with bumper €123bn in payouts
• Trump threatens Russia with sanctions, tariffs if Putin doesn't end Ukraine war
• Trump had phone call with OpenAI's Sam Altman last week about AI infrastructure according to reports
• Billionaire Frank McCourt is open to a 50% share of TikTok after Trump comments
• Share of U.S. companies in China looking to relocate hits a record high, survey finds
• Beijing tells insurers to put more money into Chinese stocks
• US equities gain as tech stocks add to Trump bump
• OpenAI tells India court ChatGPT data removal will breach US legal obligations
• CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say - CNBC
• Pentagon is sending 1,500 active duty troops to help secure the US-Mexico border
• Samsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phones
• Influencer, 45, dies after going under general anesthesia for back tattoo

Source: News Agencies