(PHOTO: US President Donald Trump presents the National Medal of Science to Tesla and SpaceX CEO Elon Musk during the "A New Golden Age" summit at the US Institute of Peace, renamed The Donald J. Trump Institute of Peace by the Trump administration, in Washington, DC, US, October 8, 2026. REUTERS/Evan Vucci/File Photo)

Democrats won back subpoena power that will allow them to compel congressional testimony and records.

SAN FRANCISCO, California: Silicon Valley bosses who spent two years cozying up to US President Donald Trump now face a Democratic Congress already threatening subpoenas, after midterm elections in which antipathy toward artificial intelligence swayed voters.

Also, Europe has all but forgiven Tesla CEO Elon Musk and a chip shortage at Stellantis could hamper Fiat output in Italy.

The drubbing for Donald Trump's Republicans in US midterm elections could embolden some trade partners to push back against his combative policies, although they may need to tread lightly to avoid provoking him in his final two years in power.

Meta's Mark Zuckerberg and Elon Musk of Tesla and SpaceX adopted President Trump's preferred "super intelligence" term on their third-quarter earnings calls.

Donald Trump’s favorite aide Natalie Harp appears to have taken control of the president’s cellphone as everything crumbles around him.

The demand offers a preview of the intense scrutiny Trump would face in the final years of his presidency if Democrats reclaim the House in next week’s midterm elections.

Businesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in favour, while others have called for penalties, submissions to the US government show.

Tesla's Brookshire, Texas Megapack factory won foreign-trade zone status, but its approval keeps Section 301 tariffs on Chinese LFP cells in place.