Category: 2-DailyNews

The news to know for Friday, November 7, 2025!

We'll tell you how the shutdown is now forcing widespread flight cancellations — and whether lawmakers are any closer to a deal.

Also, the end of an era in Congress as one of the most powerful leaders decides to call it a career.

And the cold snap stretching across a wide swath of the country starting today.

Plus: the plan that could make Elon Musk the world's first trillionaire, the government's new deal for cheaper weight-loss drugs, and the classic Christmas spectacle that just returned to New York City.

Those stories and even more news to know in about 10 minutes!

Join us every Mon-Fri for more daily news roundups!

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Tesla shareholders have approved a record-breaking pay package that could make the electric car company's founder Elon Musk a trillionaire if he can deliver a future filled with self-driving taxis and humanoid robots. More than three quarters of shareholders backed the plan which requires Mr Musk to substantially raise Tesla's market value over a period of years. Also: Typhoon Kalmaegi is weakening but the devastation and lives lost in the Philippines and Vietnam has been overwhelming; Artificial Intelligence and the chatbot which has been encouraging a young woman to kill herself; the Kashmir cricket scandal; and Nancy Pelosi, the first woman to serve as the speaker of the US House of Representatives, bows out of politics at 85.

Travelers brace for delays and cancellation at major airports as FAA cuts 10-percent of flights. Federal judge rules the Trump administration must fully fund SNAP benefits for November. There may be a path toward reopening the government in the Senate.

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Unpacking the shift in US crypto policy with Chainlink Co-Founder Sergey Nazarov.

At Chainlink’s SmartCon, Chainlink co-founder Sergey Nazarov discusses how the new political commitment to crypto in the US has removed a major "counterbalancing force," accelerating the industry and legitimizing blockchain for global finance with CoinDesk’s Jennifer Sanasie and Sam Ewen. He emphasizes the crucial role of the Trump administration and agencies like the SEC in creating clarity, which is now converting Chainlink's long-term institutional deals into "go live" infrastructure implementations. Plus, he addresses the persistent misconception among some Democrats that blockchains encourage money laundering, arguing the technology actually reduces illicit financial activity compared to traditional systems.

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This episode was hosted by Jennifer Sanasie and Sam Ewen.

Ripple's future and the state of crypto with CEO Brad Garlinghouse.

Ripple CEO Brad Garlinghouse joins CoinDesk's Jennifer Sanasie and Andy Baehr at Ripple Swell to discuss the firm's massive $500 million investment from financial leaders like Citadel and Fortress, signaling a major shift as traditional finance "leans in." He explains how recent US legislative clarity is fundamentally changing the regulatory conversation and easing the industry's years-long struggle. Plus, he details Ripple's growth strategy, including the acquisition of Ripple Prime, and offers his outlook on the future of crypto investing.

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This episode was hosted by Jennifer Sanasie and Andy Baehr.

The US has not sent a delegation to the COP30 in Brazil but President Trump's influence is being felt at the conference. Also on the programme, the paramilitary Rapid Support Forces in Sudan have said they've agreed to a proposal for a humanitarian ceasefire in the country's civil war; and, the world's largest spiderweb has been discovered in a cave.

(Photo: The Prince of Wales leaves the stage after speaking during the COP30 UN climate conference in Belem, Para State, Brazil. Picture date: Thursday November 6, 2025. PA Photo. Photo credit should read: Aaron Chown/PA Wire)

The “experts” were wrong again.

For months, Americans were told that the U.S. was embroiled in a losing “trade war” with China, preventing the two world powers from striking any sort of deal.

However, in the face of this supposed adversity, Chinese leader Xi Jinping and President Donald Trump inked a trade and economic deal, which included key Chinese concessions: agreeing to buy more U.S. soybeans, ease export controls on rare earth minerals, and crack down on fentanyl production chemicals.

“In other words, China is trying to be nice to us because it's afraid. Because it understands that the United States always had the potential, as a free, consensual society, to be more dynamic, stronger, and have a much greater role in the world” and that the only thing holding us back was Joe Biden’s ineffectual leadership, argues Victor Davis Hanson on today’s edition of “Victor Davis Hanson: In His Own Words.”

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P.M. Edition for Nov. 6. Tesla shareholders approve a record-setting pay package for Chief Executive Elon Musk. Go to wsj.com for more. And brokerage firm Charles Schwab has agreed to buy Forge Global, one of the major platforms that allows investors to buy shares in private companies. WSJ reporter Hannah Erin Lang discusses why Main Street investors are increasingly looking to those types of investments–and why they are risky. Plus, in an exclusive, we’re reporting that Ford Motor is considering scrapping its electric F-150 truck, a move that would make the truck America’s first major EV casualty. Sharon Terlep, who covers automotive companies for the Journal, weighs in. Alex Ossola hosts.

READ: Flight-Cancellation Plans Prompt Scramble Across Travel Industry 

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