Reuters reports that officials are discussing Howard Lutnick's future amid scrutiny of U.S. trade restrictions and AI-chip exports to China. A White House official says President Trump maintains complete confidence in him.

New Jersey American Water opened its 2027 volunteer fire and EMS grant program and doubled the maximum award to $5,000. Applications are due April 2, 2027.

Operation TorNado led to 354 arrests in 14 countries, including 132 in the United States. Authorities say they seized more than $234 million and about 5.7 metric tons of drugs.

Cerebras says Microsoft signed an agreement in October, with revenue expected to start in early 2027. The AI company also reported quarterly results and a stronger near-term revenue forecast.

Mercedes-Benz has halted further investment in its German locations while management and employee representatives negotiate labor costs, Reuters reported. Possible closures are being examined, not announced.

New Jersey's PowerUp program will pay eligible customers for reducing peak electricity demand and using battery storage to support the grid. Utility plans are due in February 2027, with interim virtual power plants set to operate by October 2027.