President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting — or is now in a […]
Category: Business
Trump tariffs rattle small business owners already dealing with tight margins
NEW YORK — President Donald Trump’s continued roll out of a wide array of tariffs is rattling small business owners already dealing with tight profit […]
An unwanted double: US sales fall for American whiskeys as threats of a trade war heat up
LOUISVILLE, Ky. — Like a watered-down drink, domestic sales for American whiskeys were unsatisfying in 2024, as inflation reined in consumer spending on some distilled […]
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the oil company […]
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on Tuesday while reporting disappointing earnings. […]
As Trump Attacks D.E.I., Wall Street Worries
Wall Street has not typically been accused of doing too much for women and minority groups. The financial services industry, after all, is one in […]
BP at risk of takeover without renewed oil and gas focus success | Money News
It is nearly five years to the day since Bernard Looney, the then new chief executive of BP, set out a radical strategy for the […]
In China’s Silicon Valley, where founder of DeepSeek Liang Wenfeng keeps a low profile | World News
The city of Hangzhou in southern China is one of the country’s leading technology hubs, and home to the groundbreaking artificial intelligence (AI) company DeepSeek. […]
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
RICHMOND, Va. — The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald Trump announced […]
Behind Elon Musk’s Hostile Bid for Control of OpenAI
We have spent much of the past 24 hours on the telephone trying to get to the bottom of Elon Musk’s hostile bid for Sam […]
