Joe Kiani is back: After being ousted from Masimo the billionaire has returned as CEO of Like Minded Labs

• In today’s CEO Daily: Diane Brady talks to Joe Kiani, late of Masimo, who has just become the CEO of Like Minded Labs.
• The big story: Trump and his tariffs, again.
• The markets: Shrugging off the president’s latest trade plan.
• Analyst notes from Deutsche Bank on The Fed, Placer.ai on consumer shopping, and Goldman Sachs on the S&P 500.
• Plus: All the news and watercooler chat from Fortune.

Good morning. Joe Kiani was crushed...