These are the headlines you Need2Know:
* **Trade War Averted:**
President Trump met with European Commission President Jean-Claude Juncker on Wednesday to discuss deescalating the trade war. Contrary to Trump's past stances, the president agreed to hold off on auto-tariffs, while the EU vowed to purchase more U.S. agricultural products like soybeans. For a shot of Juncker kissing Trump, check out [Twitter](https://twitter.com/realDonaldTrump/status/1022267646119763970?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1022267646119763970&ref_url=https%3A%2F%2Fwww.bbc.co.uk%2Fnews%2Fworld-us-canada-44961560).
* **No Free Lunch for San Fran:**
The city wants to ban new tech companies from offering free lunch meals in offices, in the latest effort to support local restaurants. If adopted, this policy will not apply to older, established companies like Google. Read more at [the SF Chronicle](https://www.sfchronicle.com/business/article/Tech-industry-s-coveted-office-cafeterias-could-13101014.php).
* **Second Officer Killed in Milwaukee:**
A 17-year police veteran was killed Wednesday by a drug suspect. His death marks Milwaukee's second police fatality in the past two months. As of Thursday, the suspect is in custody. More on [the latest](http://www.wisn.com/article/milwaukee-police-officer-shot-on-citys-north-side/22553707).
* **Demi Lovato Retreats After Overdose:**
Demi Lovato, stable after her opiate overdose, cancelled her Thursday night appearance in Atlantic City. Fox is also reportedly pulling an episode from series "Beat Shazam" that features the singer. Tune in to Cheddar at 12:40 PM ET to hear from Roger Crystal, M.D., who developed NARCAN, a drug that reverses opiod overdoses and saved the singer.
Cheddar's Jill Wagner gets into the latest.
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Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
