Donald Trump is mentioned way, way more than Joe Biden on company earnings calls

Companies were more likely to mention Donald Trump during earnings calls ahead of and during his first presidency than they were to mention Joe Biden ahead of and during his. It looks like that’s going to be the case again for Trump’s second term. In the fourth quarter of this year, nearly 50 company transcripts explicitly mentioned Donald Trump, according to data from FactSet — a higher number than during the quarter he was first elected or when Biden was elected.

This time around, companies including Bakkt Holdings Inc., Beam Global, and Complete Solaria are talking about how Trump’s policies — on everything from tariffs to cryptocurrency to the environment — will affect them. Bakkt, a crypto-trading platform, is reportedly being targeted for acquisition by Trump Media & Technology Group, so had good reason to mention the President-elect.

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Max Knoblauch

15h

Opponents of the Netflix-Warner Bros. deal take fight to Europe

Europe is the latest frontier of the ongoing tug-of-war for the “Friends” back catalog.

Paramount Skydance To Reportedly Make Bid For Warner Bros. Discovery

Max Knoblauch1/15/26

Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

Exclusive | Ford, China’s BYD in Talks for Hybrid-Vehicle Batteries After EV Market Flames Out

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Still life of Ozempic and Wegovy with weight scale.

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

J. Edward Moreno1/15/26

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

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Claire Yubin Oh

Blitzscale

1/14/26

America’s fastest-growing grocery chain, Aldi, wants to open 180 new stores this year

The German grocer is doubling down on its American ambitions, aiming for 3,200 stores by 2028.

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