Tech Industry Taps to Fill Trump Administration, Nordstrom Family Takes Control

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Technology,Politics,Mergers Acquisitions

President-elect Donald Trump is recruiting heavily from the tech industry to staff his administration, appointing prominent figures from venture capital firms like Andreessen Horowitz. Meanwhile, the Nordstrom department store chain is going private after a deal led by the founding family and the Mexican retailer El Puerto de Liverpool.

President-elect Donald Trump is turning to the tech industry to fill his administration., meanwhile, had a smaller gain, adding just 66.69 points higher, or 0.16%. Trading was light Monday, which is expected to continue today. The market will close at 1 p.m. for the Christmas Eve holiday. Followworth roughly $6.25 billion from members of the founding Nordstrom family and the Mexican department store El Puerto de Liverpool. The family will have majority ownership of the private company, with 50.

The FDA said tirzepatide, the main ingredient in Eli Lilly's weight loss drug Zepbound, is no longer in shortage. That means patients will likely be unable to access compounded — or cheaper, off-brand — versions of the drug that compounding pharmacies were legally allowed to make during the shortage. Six patients told CNBC that they're worried about the price of the brand-name medicine.

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