Today news NYT > Business
Guggenheim Lays Off 20 Employees as Financial Challenges Persist
The museum has suffered from rising costs and lower attendance. The cuts followed those at the Brooklyn Museum, which trimmed 10 percent of its staff…
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France Bans PFAS in Many Products, but Not Cookware
A new French ban on “forever chemicals” allows their use in nonstick pans after industry opposition, including a rally by employees of Tefal, a cookw…
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U.S. Terminates Funding for Polio, H.I.V., Malaria and Nutrition Programs Around the World
Here are some of the 5,800 contracts the Trump administration formally canceled this week in a wave of terse emails. from NYT > Business https:/…
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Canada Urges Its Travelers to Stay Home as Trade War With U.S. Continues
Last year, Canadians visiting the United States were responsible for $20.5 billion in spending. Some are now changing their travel plans as the neigh…
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Tesla Fires a Manager Who Criticized Elon Musk on Social Media
The employee objected to a post on X by Mr. Musk, Tesla’s chief executive and a top adviser to President Trump, that referred to Nazi leaders. from…
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CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling the…
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7-Eleven Founding Family’s Bid to Block Foreign Takeover Collapses
The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a takeover bid from Cana…
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Trump to Revoke an Oil License in Venezuela
President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela. …
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Paramount Retreats on D.E.I. Policies
The company has a merger pending before the Federal Communications Commission, whose chief has criticized programs focusing on diversity, equity and …
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How to Watch the Launch of Intuitive Machines’s Second Moon Landing Mission
The company reached the lunar surface in 2024, and now its Athena lander aims to improve on the feat. Three other spacecraft are also flying on the S…
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New York Public Radio to Lay Off About 7% of Staff
The elimination of 21 full-time roles is the latest in a series of reductions at the organization. from NYT > Business https://ift.tt/KyIZzoV
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White House Moves to Pick the Pool Reporters Who Cover Trump
In announcing plans to handpick the reporters who can ask the president questions, the White House is breaking decades of precedent. from NYT > …
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Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil. from NYT > Business ht…
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What Germany’s Election Result Means for Its Economy
The next German government faces calls to loosen borrowing rules, slash energy costs and spur innovation. It won’t be easy. from NYT > Business …
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Corporate America Is Not Raring to Return to Russia if Trump Lifts Sanctions
The White House promised “incredible opportunities” if Moscow ended the war in Ukraine. But Russia’s economy is struggling and the business environme…
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Human Therapists Prepare for Battle Against A.I. Pretenders
Chatbots posing as therapists may encourage users to commit harmful acts, the nation’s largest psychological organization warned federal regulators. …
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Ken Rosenthal, Founder of Panera Bread’s Forerunner, Dies at 81
He built a small chain of bakery cafes, with sourdough bread as its star. A few years after it was sold, it became nationally famous under a new name…
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Debt and Mental Health: How One Couple Found Help
People who find themselves in financial trouble sometimes consider taking drastic measures when their situation appears hopeless. But there is always…
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Russia Is Wooing Western Energy Companies, but Will They Return?
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing b…
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Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit
OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of natural gas, drilling for o…
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Tesla Is Again Showing Signs It Wants to Sell Cars in India
Bringing showrooms filled with high-end American-made electric vehicles to India would mark a symbolic victory for President Trump’s ally. from NYT…
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Veterinarian and 13 Horse Trainers Violated Drug Rules, U.S. Regulator Says
Thirty percent of the horses never raced again and seven died, the Horseracing Integrity and Safety Authority said. from NYT > Business https://…
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Do Elon Musk and His Father Get Along?
Errol Musk questioned his son’s parenting ability on a podcast, but said that his comments had been taken out of context and that they were on good t…
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Did the Covid-19 Pandemic Change How You Travel? Let Us Know.
The pandemic was declared in March 2020, shutting down travel for months. How did the lockdowns, and then the surge in demand, change the way you tra…
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Marshall Rose, Who Helped Revive Two New York Institutions, Dies at 88
He was instrumental in revitalizing the New York Public Library and transforming Bryant Park from a dangerous dead zone into a glorious sanctuary. …
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Fox News, CNN and Other Outlets Urge White House to Drop AP Ban
Dozens of major news organizations, including some conservative outlets, urged the Trump administration to stop blocking The Associated Press from pr…
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Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers. fro…
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Oz, Trump’s Medicare Nominee, Pledges to Divest Interests in Health Care Stocks
The celebrity doctor said he would divest from his interests in many drug, medical and insurance companies, worth millions of dollars. from NYT >…
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Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty. from NYT > Bu…
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With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue
The president’s company, Trump Media & Technology Group, represents a clear mingling of his official duties and his business interests. from NY…
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HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The…
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Senate Confirms Howard Lutnick as Commerce Secretary
A longtime Wall Street executive, Mr. Lutnick will take on a broad portfolio that includes defending U.S. business interests and overseeing restricti…
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Dickson Despommier, Who Championed Farming in Skyscrapers, Dies at 84
A microbiologist, he popularized “vertical farming” — raising crops in tall buildings — to remediate climate change and feed more people. from NYT …
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Mira Murati, OpenAI’s Former Chief Technology Officer, Starts Her Own Company
Mira Murati, who left OpenAI last year, has helped establish Thinking Machines Lab, a new artificial intelligence start-up. from NYT > Business …
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Elon Musk’s DOGE Team Seeks Access to I.R.S. System With Taxpayers’ Records
A White House spokesman said that the initiative called the Department of Government Efficiency needed to review data to fix waste within the agency.…
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Southwest Airlines Plans to Cut 15% of Its Work Force
The company said the cuts, the first round of broad layoffs in the airline’s 53-year history, would affect mostly corporate employees. from NYT >…
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Can the Federal Reserve Look Past Trump’s Tariffs?
Top officials are grappling with how to handle potential price increases caused by the administration’s policies. from NYT > Business https://if…
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Washington Post Cancels Ad From Groups Calling for Trump to Fire Musk
The newspaper told Common Cause, an advocacy group, that it was pulling its special ad, which would have covered the front and back pages of some Tue…
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Jack Ma and Other Chinese Business Leaders Meet With Xi Jinping
The once-sidelined Alibaba founder was among the executives who met with China’s top leader, in what was seen as a show of support for private enterp…
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Today news NYT > Business
Musk Team Seeks Access to I.R.S. System With Taxpayers’ Records
A White House spokesman said that the initiative called the Department of Government Efficiency needed to review data to fix waste within the agency.…
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Today news NYT > Business
Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German a…
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Japan’s Economy Recovered In Second Half But Barely Grew in 2024
Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation and strained households…
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Today news NYT > Business
How Pet Parrots Started a War Inside an NYC Apartment Building
How noise complaints in a Manhattan co-op led to a $750,000 legal settlement and shattered a friendship. from NYT > Business https://ift.tt/FOEK…
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Ukraine Rejects U.S. Demand for Half of Its Mineral Resources
President Volodymyr Zelensky publicly faulted the American offer, which is tied to continued aid, because it did not include security guarantees. f…
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Amazon Union Push Falls Short at North Carolina Warehouse
The outcome was a setback for workers trying to score a second election success at an Amazon facility. The union vowed to keep trying to organize. …
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Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
A Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors sai…
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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk and other investors had offered $9…
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Layoffs Begin at Energy Department, Part of Trump Purge
Mass firings have rocked multiple agencies as President Trump and Elon Musk accelerate plans to drastically slash and reshape the federal work force.…
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What to Know About VAT, the Tax System Used in Europe That Trump Despises
The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. from NYT > Bu…
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Today news NYT > Business
Igloo Recalls Coolers Over Fingertip Amputation and Crushing Risk
More than one million coolers sold in North America were recalled after a dozen injuries. Consumers are advised to stop using them and contact the co…
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Today news NYT > Business
Finding Devoted Sports Fans in the Coldest Place on Earth
An innocent question from a friend inspired one reporter to seek out sports buffs in a remote and chilly place: Antarctica. from NYT > Business …
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Today news NYT > Business
The Restaurant That Started Panda Express
The parent restaurant of Panda Express underwent a multimillion-dollar renovation. The deep, comforting pleasures are still on the menu. from NYT &…
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Today news NYT > Business
For the F.A.A., Three Deadly Crashes and a Reckoning
The agency in charge of air travel safety is facing criticism and demands for change after a yearslong streak of no major commercial jet accidents en…
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Top N.I.H. Official Abruptly Resigns as Trump Orders Deep Cuts
Dr. Lawrence Tabak, the No. 2 official at the National Institutes of Health, did not give a reason for his departure. from NYT > Business https:…
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What Modi and India Can Offer Trump on Trade
As two-way trade expands, India’s surplus is growing. President Trump is expected to press Prime Minister Narendra Modi to lower tariffs. from NYT …
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Today news NYT > Business
California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.…
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What to Know About the Anti-Bribery Law Trump Is Targeting
Federal prosecutors and securities regulators have gone after large companies for violations of the Foreign Corrupt Practices Act, which prohibits th…
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Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs. from NYT &g…
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Today news NYT > Business
Silicon Valley is Embracing Christianity (With the Help of Peter Thiel)
When tech luminaries talk about their Christian faith, people listen. from NYT > Business https://ift.tt/xXqGcHB
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Today news NYT > Business
China’s ‘Ne Zha 2’ Shatters Box Office Records With $1.2 Billion
The runaway success of “Ne Zha 2” is another sign that Chinese audiences are choosing domestic movies over Hollywood blockbusters. from NYT > Bu…
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CFPB Employees Left Stranded and Confused After Stop-Work Orders
Since the acting director of the Consumer Financial Protection Bureau issued stop-work orders, employees have been trying to decipher exactly what th…
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Today news NYT > Business
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other ar…
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Trump to Impose Metal Tariffs on Monday, Followed by Broader Levies
The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with …
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Today news NYT > Business
Russell Vought Orders Consumer Protection Bureau’s Headquarters Closed for a Week
The order to shutter the agency’s headquarters follows another order issued Saturday by Mr. Vought, who also leads the Office of Management and Budge…
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Today news NYT > Business
Federal Financial Watchdog Ordered to Cease Activity
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all supervision and examinat…
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PlayStation Network Outage Persists, Sony Says
Users on social media complained that they could not access their games after the unexplained outage began on Friday night. from NYT > Business …
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Chiefs Might Win Third Title in a Row but They Can’t Own the Phrase ‘Three-Peat’
As sports catchphrases start to stick, savvy coaches and athletes are moving to protect them with federal trademarks. “Three-Peat” is just one of man…
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Unruly Passenger Aboard Frontier Flight Bashes Window and Is Subdued
The man broke the window’s inner pane and plastic frame before being subdued on a Frontier Airlines flight on Tuesday. The F.B.I. is investigating. …
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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid. from …
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Young Aides Emerge as Enforcers in Musk’s Broadside Against Government
Much of the billionaire’s handiwork — gaining access to internal systems and asking employees to justify their jobs — is being driven by a group of e…
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Trump Allows Low-Cost Chinese Products to Enter U.S. Without Tariffs, for Now
The president temporarily paused a provision that had imposed tariffs on many packages sent from China beginning this week and that had sowed confusi…
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Today news NYT > Business
Trump Met PGA Commissioner About Saudi Golf Tour Deal
Tour officials said the session at the White House “brought us closer to a final deal” that would be subject to Justice Department antitrust scrutiny…
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Today news NYT > Business
C. Richard Kramlich, Early Investor in Silicon Valley, Dies at 89
He was among the first backers of Apple Computer and 3Com, earning windfalls, but it was his humaneness that distinguished him from other venture cap…
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Dozens of Clinical Trials Have Been Frozen in Response to Trump’s USAID Order
The stop-work order on U.S.A.I.D.-funded research has left thousands of people with experimental drugs and devices in their bodies, with no access to…
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Airline Pilots in the DC Plane Crash Acted as Expected, Experts Say
The pilots of the American Airlines regional jet in the Washington airport collision acted as expected, aviation safety experts and other pilots said…
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Today news NYT > Business
100,000 Eggs Are Stolen in Pennsylvania Amid Shortage
The theft of the eggs, which the authorities said were worth $40,000, comes as grocery shoppers across the country are facing empty shelves and highe…
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F.C.C. Releases CBS ’60 Minutes’ Interview With Kamala Harris
The complete interview, which is at the center of a lawsuit filed by President Trump, shows that “60 Minutes” aired a concise version of Ms. Harris’s…
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Pro-Trump Media Sees Nothing but the President ‘Winning’
Among an array of right-wing personalities and media outlets, the president can do no wrong. from NYT > Business https://ift.tt/QwGgp9v
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Samuel Butler, Lawyer Who Helped Create Corporate Giants, Dies at 94
Leading the elite Wall Street firm Cravath, he became a go-to adviser on mergers and acquisitions — “all the big deals that were going on in the ’80s…
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S.E.C. Moves to Scale Back Its Crypto Enforcement Efforts
Some in a special unit of 50 lawyers and staff members that had been assigned to regulate cryptocurrency are being reassigned in the agency. from N…
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Want Eggs With Your Breakfast? Pay a Surcharge, Waffle House Says.
The restaurant chain, which serves breakfast all day, said it was adding the temporary 50-cent surcharge because the bird flu has caused a shortage i…
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What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil or other commodities. …
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Trump’s 10% Tariff on Chinese Goods Takes Effect
A 10 percent tariff on Chinese products took effect just after midnight Tuesday, and it remains to be seen if Mr. Trump will strike a deal to remove …
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‘60 Minutes’ Head Producer Says He Won’t Apologize Over Trump’s Lawsuit
Bill Owens, the show’s executive producer, addressed his staff as CBS’s parent company, Paramount, pursues a legal settlement with the president. f…
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Mexico and Canada Reach Last-Minute Deal With Trump to Avert Trade War
President Trump agreed to delay tariffs on Mexico and Canada for a month after both countries pledged to do more to block drugs and migrants. from …
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After Tariff Fight With Canada and Mexico, Trump’s Next Target Is Europe
The president’s threats to slap duties on goods imported from the European Union are part of a pattern of directing the harshest penalties at the Uni…
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Trump Tariffs Threaten to Upend Global Economic Order
The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor. from NYT > Busin…
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Today news NYT > Business
Plane and Aircraft Tug Collide in Chicago, Critically Injuring Driver
The wing of an Air Wisconsin plane struck the vehicle, which was trying to cross a taxiway at Chicago O’Hare International Airport, officials said. …
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Trump Administration to Remove 4 Major News Outlets From Pentagon Office Space
The New York Times, NBC News, NPR and Politico will be replaced by outlets including the right-wing site Breitbart News as part of a “new annual medi…
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F.D.A. Upgrades Recall of Some Cal Yee Chocolates to Highest Risk Level
The agency warned that the products, made by Cal Yee Farm, could have potentially serious or even deadly consequences because the packages were misla…
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An Unconventional Plan for Fixing the Federal Budget
The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines. from NYT > Business https://ift.tt/jZo1Ck8
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