
May 5, 2025: Pentagon Cuts, Trump Halts New Harvard Grants, More
Bloomberg News Now
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Military Cuts and Federal Grant Rejections Amidst Industry Turmoil
This chapter explores the Trump administration's efforts to streamline military leadership while addressing concerns over politicization. It also examines the decision to cut federal research funding for Harvard, an airport incident stirring controversy, and financial developments for major corporations like Ford, Disney, and Netflix in the context of impending tariffs.
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