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U.S. Treasury Secretary Bessenter: Nvidia should find an outsider to serve as its new CEO.

2026-11-15

U.S. Treasury Secretary Bessenter: Nvidia should find an outsider to serve as its new CEO.

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2026-11-15

According to Yonhap News Agency, SK Group announced on the 15th that Chairman Chey Tae-won delivered a keynote speech at the "2026 CEO Seminar" on the 14th. Chey stated, "We must break down the existing business framework and redefine ourselves as an

According to Yonhap News Agency, SK Group announced on the 15th that Chairman Chey Tae-won delivered a keynote speech at the "2026 CEO Seminar" on the 14th. Chey stated, "We must break down the existing business framework and redefine ourselves as an AI company." He also called on all group member companies to break through existing business areas, find new positioning in untapped opportunities, and build an AI flywheel system extending from AI services to the token economy. He added, "In the AI era, no single company can do everything alone. It is crucial to enhance our capabilities and growth speed through open collaboration with global partners." The AI flywheel refers to a virtuous cycle: semiconductor competitiveness drives the growth of AI factory business, and the expansion of AI factories further creates demand for energy and AI services. SK Group plans to further refine this virtuous cycle and play a leading role in the "token economy" market. In this market, AI computing power and services will become tradable core resources. The group's management unanimously agrees that they should proactively explore and promote business development in new areas around the three pillars of AI semiconductors, infrastructure, and energy, each assuming their respective roles. Furthermore, the group has further clarified specific measures to strengthen its fundamental capabilities and support the operation of the AI flywheel. Management plans to continue advancing “Portfolio Rebalancing 2.0”, which aims to enhance the competitiveness of existing businesses, and to strike a balance between maintaining financial soundness and making future investments based on capital allocation criteria that are based on cash generation capabilities.
2026-11-15

A federal judge temporarily blocked the U.S. government's plan to close a historic Washington park and its golf course, finding President Trump lacking authority to shut the site but noting the administration is not required to perform day-to-day man

A federal judge temporarily blocked the U.S. government's plan to close a historic Washington park and its golf course, finding President Trump lacking authority to shut the site but noting the administration is not required to perform day-to-day management. In a 30-page ruling, U.S. District Judge Anna Reyes said the administration’s stated reasons were pretext and that the proposed closure, advanced to meet an arbitrary deadline, violated at least two federal laws. Reyes added the government sought an indefinite closure that would run counter to public use of national park land. Trump had called the course a "garbage island" and in October announced a 15-month renovation to make the site publicly accessible and capable of hosting world-class events.
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