Articles

  • 2 weeks ago | gfmag.com | Rob Daly

    Pending regulatory approval, Google plans to acquire multi-cloud security platform provider Wiz in an all-cash deal worth $32 billion. Once the transaction closes, Wiz will be incorporated into Google Cloud’s business line. The two companies “share a joint vision to make cybersecurity more accessible and simpler to use for organizations of any size and industry,” said Thomas Kurian, CEO of Google Cloud, during the announcement.

  • 3 weeks ago | gfmag.com | Rob Daly

    A rose by any other name might not be a rose if it refers to diversity, equity, and inclusion (DEI) programs within publicly and privately held US companies. JPMorgan Chase and Citi are among the latest Fortune 100 companies to either shutter or radically redesign their DEI programs.

  • 1 month ago | gfmag.com | Andrea Fiano |Rob Daly

    Global Finance: What would you recommend to CEOs and CFOs navigating this climate of uncertainty due to US tariffs and trade policy as they determine their near- and long-term strategies? Wilbur Ross: Yes, reshoring and nearshoring were some things that would develop momentum in any event. President Trump is going to accelerate that. Whatever plan people had for relocating production, it would be wise to accelerate it.

  • 1 month ago | gfmag.com | Andrea Fiano |Rob Daly

    Global Finance: Do you see a significant difference in how the second Trump administration approaches tariffs, compared to its first term, when you were Secretary of Commerce? Wilbur Ross: The biggest difference is that we were charting uncharted waters in the first term. Namely, nobody really knew if [President Trump] had the statutory authority to put in steel tariffs, aluminum tariffs, refrigerator tariffs, or washing machine tariffs.

  • 1 month ago | gfmag.com | Rob Daly

    Citing the need for a level playing field in access to critical minerals, deep-water ports and other key infrastructure or assets, the Trump Administration has paused the enforcement of the Foreign Corrupt Practices Act of 1977 (FCPA) until August, with a possible extension to February 2026.

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Rob Daly
Rob Daly @rob_daly
7 Apr 25

I've a bad feeling about this: The Warsaw Stock Exchange is suspending trade on all its markets for more than an hour on Monday, citing “safety reasons” amid a spike in volatility and volumes https://t.co/D9ITaQyim5 via @markets

Rob Daly
Rob Daly @rob_daly
17 Mar 25

Wilbur Ross says CEOs and CFOs should prepare to invest in localization rather than globalization. https://t.co/cmB36czltS

Rob Daly
Rob Daly @rob_daly
14 Mar 25

Wilbur Ross on Tariffs, Trump, and Navigating US Trade Policy: Part 1 https://t.co/5otp71ntqG #trump #tariffs