EU's von der Leyen had 'good exchange' with Trump over phone, Commission says
'We want to reach a deal with the US We want to avoid tariffs. We believe they cause pain. We want to achieve win-win outcomes, not lose-lose outcomes,' the spokesperson told reporters during a daily press briefing.
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Trump Media Files for 'Crypto Blue Chip ETF' With SEC
President Donald Trump continues to expand his crypto-related offerings, this time with a planned exchange-traded fund tied to the prices of five popular cryptocurrencies. Trump Media & Technology Group, a Florida company that operates the Truth Social media platform, announced Tuesday it had filed paperwork with the Securities and Exchange Commission for approval to launch the Crypto Blue Chip ETF later this year. The proposed ETF would have 70 percent of its holdings in bitcoin, the world's most popular cryptocurrency, 15 percent in ethereum, the second-most popular, and 8 percent in solana, a cryptocurrency popular in the meme coin community. The fund would hold 5 percent in the cryptocurrency developed by the company Ripple and 2 percent in the crypto created by the exchange which will act as the ETF's digital custodian. Trump Media previously announced plans for a crypto ETF with just bitcoin and ethereum. It's unclear if the company plans to move forward with that ETF offering. Trump Media did not immediately return a request for comment. Cryptocurrency-based ETFs make it easier for investors to gain exposure to cryptocurrencies without having to buy them directly. These funds have exploded in popularity since bitcoin ETFs began trading in US markets last year. The SEC released new guidelines last week for crypto ETF issuers as part of the Trump administration's push to create a more welcoming regulatory environment for crypto-related companies. The agency has also dropped or paused several enforcement actions against crypto companies since Trump took office. Trump was once a bitcoin skeptic who has since warmly embraced the cryptocurrency industry, which has showered him with campaign and other types of contributions. Ripple, for example, was one of the biggest donors to Trump's inaugural committee. While the Trump administration has pushed for crypto-friendly regulations and laws, the Trump family has aggressively sought to expand its crypto-related businesses. That dynamic has led to allegations of corruption from Democrats and concern among some crypto enthusiasts that the president may be undermining their efforts to establish credibility and stability for the industry. At a news conference last month, Trump dismissed any notion that his family's investments were improper and touted his administration's efforts to make the US the world capital for crypto. 'If we didn't have it, China would,' Trump said.
Al Arabiya
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NHL and the NHLPA Ratify Their CBA Extension Through 2030
The NHL and NHL Players' Association have ratified their extension of the collective bargaining agreement, securing labor peace in the sport through 2030. The league and union announced in a joint news release Tuesday that the deal had been approved. It took a vote of the Board of Governors and the full NHLPA membership. 'The partnership between the Players' Association and the league is stronger than it's ever been, and working together under this agreement presents a fantastic opportunity to continue to grow the game,' NHL Commissioner Gary Bettman said. 'We are grateful to the Board of Governors for its support of this agreement that strengthens our game and ensures we are collectively delivering a great fan experience in the years to come.' The sides came to a tentative agreement on the four-year extension late last month. It includes an 84-game regular season, among other things. The full memorandum of understanding will be made public at a later date. 'This CBA shows what can be accomplished when the NHL and the union work together – an agreement that will allow for the continued worldwide growth of the game. That is a win for everyone,' NHLPA executive director Marty Walsh said. 'We could not have achieved this outcome without the involvement and support of our players. Special thanks to our executive board and negotiating committee.'
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St. Jude Children's Hospital's fundraising arm selects new CEO in midst of global expansion
Ike Anand was promoted to president and chief executive officer of ALSAC, St. Jude Children's Research Hospital's fundraising organization, on Tuesday. The leadership change comes as ALSAC – which raised more than $2.5 billion for the Memphis-based hospital in 2024, according to tax filings – navigates a global expansion and an increasingly complicated funding landscape in the US. 'My role is to make sure that ALSAC is able to deliver on its promises to St. Jude so that St. Jude can continue to dream big,' said Anand, who has been ALSAC's chief operating officer since 2020. 'And ALSAC has a lot of initiatives in the pipeline to make sure that that happens.' Dr. Frederick M. Azar, chairman of ALSAC's board of directors, said Anand has been instrumental in redefining the organization's strategic direction, including its six-year, $12.9 billion plan to provide pediatric cancer cures and treatments globally, and will help it continue to grow. 'Throughout his tenure, Ike has demonstrated visionary leadership and an unwavering commitment to the St. Jude mission,' Azar said in a statement. For Anand, who spent 15 years at travel tech firm Expedia Group and the rest of his career at other for-profit businesses, heading a nonprofit – even one as large and influential as ALSAC – was not an early life goal. But the COVID-19 pandemic and its impact on his family and friends changed that. 'I was hunting to do something that makes me feel valuable and purpose-driven in this world,' Anand said. 'And what I found… it was the perfect match.' At Expedia, he learned the importance of data, nurturing customer relationships, and managing teams around the world – experiences he says help at ALSAC. 'We have a culture here now of testing and learning, getting better at what we do, and ultimately understanding that we're not really competing against anybody else,' he said. 'We are trying to be better at what we do.' One area where Anand has drawn attention is incorporating artificial intelligence into ALSAC's fundraising. Its initiative of using AI to help guide its communications with donors has influenced multiple programs in philanthropy. Anand is quick to point out that ALSAC does not use donors' specific data to communicate to them individually but does use aggregated data to make decisions about what information may interest certain types of donors. 'For us, it is really, really vital that the consumers have trust in us and that they see us valuing their privacy, that they see us valuing their information and using it in the right manner,' he said. 'And so we're really careful about it.' Health care policy changes from President Donald Trump's administration may impact rural hospitals and increase the need for St. Jude's services, which include free treatment for children with cancer. However, Anand says that St. Jude and ALSAC see it as their mission to care for all 400,000 children around the world diagnosed with cancer, so the changes do not really change their focus. 'Our mission is a unifying mission,' he said. 'We are not a political organization. I think everybody agrees that saving children is one of the most important things we can do as humanity.' Marlo Thomas, National Outreach Director for St. Jude and daughter of the late entertainer and philanthropist Danny Thomas, who founded ALSAC and St. Jude, said that goal has remained the same. 'When my father founded St. Jude with a dream that no child should die in the dawn of life, he meant no child anywhere,' she said in a statement. 'Ike Anand is the perfect person to carry that dream forward and help continue to expand our mission globally.'
