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The logo of McDonald’s (MCD) is seen in Los Angeles, California.Lucy Nicholson | ReutersMcDonald’s on Monday announced plans to hire up to 375,000 workers this summer at a news conference that included U.S. Labor Secretary Lori Chavez-DeRemer.While McDonald’s has long been one of President Donald Trump’s culinary favorites, the company has been cozying up to his administration during his second term. The company likely hopes to stay in Trump’s good graces and avoid obstacles to its business, like Health and Human Services Secretary Robert F. Kennedy Jr.’s “Make America Healthy Again” agenda or unfavorable regulation by the Department of Labor.For…

Sundar Pichai, CEO of Google and Alphabet, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center in New York City on Dec. 4, 2024.Michael M. Santiago | Getty ImagesGoogle will begin a new fund aimed at investing in artificial intelligence startups, the company announced Monday.Through a fund it calls the “AI Futures Fund,” eligible startups will get Google investment; early access to AI models; and hands-on support from Google researchers, engineers and go-to-market specialists, the company said in a blog post Monday. They will also get credits to use on Google Cloud.”Select startups get the opportunity…

U.S. Transportation Secretary Sean Duffy speaks to reporters during a news conference on Newark Liberty International Airport at the Department of Transportation Headquarters on May 12, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesThe Trump administration on Monday announced the creation of an emergency task force comprised of executive experts from Verizon, L3Harris and the Federal Aviation Administration to address ongoing telecommunications issues at Newark Liberty International Airport.Transportation Secretary Sean Duffy said the goal is to add three new telecommunications connections between New York and Philadelphia to ensure communications redundancy, so that if one line goes down, the others…

President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesPresident Donald Trump on Monday moved forward with a plan to lower U.S. drug costs by linking prices to those paid in other developed countries – a proposal he will have a tough time putting into effect, experts said.Trump signed a sweeping executive order directing several federal agencies to renew that effort to cut prices, called the “most favored…

A cargo ship moors at the container terminal berth of Lianyungang Port for loading and unloading containers in Lianyungang City, Jiangsu Province, China, on May 9, 2025.Nurphoto | Nurphoto | Getty ImagesThe tariff rate the U.S. puts on imports remains higher than any point since the 1930s, despite trade deals struck with China and the United Kingdom in recent days, according to a Yale Budget Lab report issued Monday.The total U.S. average effective tariff rate is 17.8% — the highest since 1934 — even after accounting for these policy changes, according to the Yale Budget Lab.That is equivalent to an…

The Brazilian FA’s social media post says it all. Hiring Carlo Ancelotti to manage the Brazil national team is “more than a strategic move” — it’s also a “statement to the world.””He is the greatest coach in history, and now he is at the helm of the greatest national team on the planet. Together we will write new glorious chapters in Brazilian football,” said Ednaldo Rodrigues, president of the Confederação Brasileira de Futebol (CBF).Way to dial the hype-and-expectation-meter up to a Spinal Tap-sized 11. Then again, some hyperbole was probably necessary since this move — Ancelotti departing Real Madrid and…

Chinese officials, influencers and state-run media on Monday were casting the initial trade agreement and 90-day tariff pause with the U.S. as a victory and a vindication of Beijing’s negotiating strategy.They are arguing that their defiant public posture worked and was a major reason they were able to strike a deal with U.S. officials in Switzerland with relatively few concessions.”China’s firm countermeasures and resolute stance have been highly effective,” said a social media account linked to China’s national broadcaster CCTV.In the eyes of the Chinese public, negotiators from Beijing appear to have convinced President Donald Trump’s administration to roll back…

Islamabad, Pakistan CNN  —  As tensions ratcheted up over the last week of fighting, Pakistan did not consider deploying nuclear warheads to strike India, the country’s foreign minister Ishaq Dar told CNN on Monday. In his first interview since India and Pakistan agreed to a ceasefire Saturday, Dar said Islamabad “had no choice” but to launch strikes in “self-defense” following India’s May 7 cross-border attacks. Last week’s escalatory tit-for-tat strikes marked the worst fighting between the two nuclear-armed nations since 1971, killing dozens and deepening fears of a wider conflict. Dar referred to India’s strikes as a “war” and a…

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN  —  When sultans tried to give President Martin Van Buren lavish gifts, he did what the Constitution requires and asked Congress what to do. Two live lions had been gifted to Van Buren by the Sultan of Morocco at the US consulate in Tangiers in 1839 and the Sultan of Oman tried to give him “horses, pearls and other things of value,” delivered by ships in 1840. “I deem it my duty to lay the proposition before…

In 2022, Sean “Diddy” Combs appeared on his then-girlfriend rapper Caresha “Yung Miami” Brownlee’s series “Caresha Please” and talked about being a single dad in the wake of the 2018 death of Kim Porter, mother of three of his children. “Fatherhood has been really, really real,” he said at the time. “‘Cause I was like a part-time father, you know what I’m talking about?” All that changed when Porter died following a bout of pneumonia at the age of 47. Combs stepped up to be more involved in the care of their twin daughters and son. The mogul has publicly…