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Image via Associated Press
Trump Picks a Side in Texas: Paxton Gets the Nod Over Cornyn
Donald Trump endorsed Texas Attorney General Ken Paxton in the Texas Republican Senate primary, setting up a direct intraparty fight against incumbent Sen. John Cornyn. The endorsement gives Paxton a national megaphone and signals Trump’s willingness to target established GOP senators he views as insufficiently loyal.
Cornyn has long been a fixture of Texas Republican politics and a reliable conservative vote, but he’s also part of the Senate leadership ecosystem Trump-era challengers like to run against. A Trump-backed Paxton campaign turns the primary into a referendum on party alignment as much as ideology, with outside money and activist groups likely to flood the state early.
Read the full story at Associated Press →
Image via Fox News
WHO Flags “Scale and Speed” of Ebola Spread; Emergency Panel Convening
The World Health Organization’s director-general said he is “deeply concerned” about the “scale and speed” of an Ebola outbreak, and announced an emergency committee will meet soon. The outbreak spans parts of Congo and Uganda, with reporting citing more than 500 suspected cases and 131 deaths.
The key question is whether transmission is being contained through testing, isolation, contact tracing, and targeted vaccination efforts—tools that exist, but require speed and trust on the ground. An emergency committee meeting is a step toward determining whether the situation rises to a global health emergency classification, which can unlock coordination and funding—and also trigger travel and trade jitters.
Read the full story at Fox News →
Image via Axios
Andrej Karpathy Leaves the OpenAI Orbit, Lands at Anthropic
Andrej Karpathy, a prominent AI researcher and OpenAI co-founder, said he’s joining rival lab Anthropic. The move is a high-signal talent shift between the two companies most associated with frontier “foundation model” development and productization.
Karpathy’s reputation—both technical and public-facing—adds weight to Anthropic’s bench as it competes on model performance, safety posture, and enterprise adoption (especially around Claude). In a market where marginal improvements require enormous compute and elite researchers, headline hires are also strategic messaging to customers, regulators, and investors.
Read the full story at Axios →
Auto Loans: Delinquencies Up, Subprime Stress Visible, Systemwide Damage Still Mixed
New Q1 2026 data show rising strain in auto credit, with delinquencies increasing and subprime lenders facing sharper stress. Wolf Street points to collapses among subprime-focused dealer-lender chains and steep stock declines at America’s Car-Mart as signs the riskiest segment is taking hits first.
The broader picture is more nuanced: subprime is a smaller slice of the overall auto-loan universe, but it often acts as the canary—especially when vehicle prices, loan terms, and borrower debt-to-income ratios collide. The next watchpoint is whether worsening performance spills from subprime into prime loans and securitization markets, tightening credit availability and pushing more borrowers into negative equity traps.
Read the full story at Wolf Street →
Image via Bloomberg
Blackstone Walks Away From €2.5B Stroeer Pursuit
Blackstone is dropping its pursuit of German media group Stroeer, a deal that had been valued around €2.5 billion, according to people familiar with the matter. The move ends what would have been a sizable private-equity play in a European advertising and media-services business.
The decision underscores how pricing, financing conditions, and deal risk are still dictating what actually closes—especially in Europe, where growth expectations and regulatory complexity can change the math quickly. Stroeer now faces a reset on potential suitors and valuation expectations, while sponsors stay selective on where leverage and cash flows line up.
Read the full story at Bloomberg →
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