Gulf Deal-Making Spree Also Benefited Elon Musk and His Family
The world’s richest man inked new deals as he tagged along on Trump’s tour of the Gulf.
Month: May 2025
Trump’s Pick to Lead I.R.S. Promoted a Nonexistent Tax Credit
Billy Long’s effort to promote the credit, along with his pushing of a fraud-ridden pandemic-era tax break, will be under...
Chinese Battery Giant Surges in Hong Kong Market Debut
Shares of the company, CATL, surged in their first day of trading. Onshore U.S. investors were blocked from buying its...
Senate Advances Crypto Regulation Bill With Bipartisan Support
Democrats who had sided with the rest of their party last week to block the measure over concerns that President...
G.M. Stops Exporting Cars to China
The decision affects relatively few vehicles because the vast majority that General Motors sells there are made in that country.
What to Know About the Mexican Navy Ship That Crashed Into the Brooklyn Bridge
The ship ARM Cuauhtémoc — with 277 people on board, including 175 naval cadets — was on a good-will tour...
23andMe to Be Bought by Regeneron Pharmaceuticals, a Biotech Company, for $256 Million
Regeneron Pharmaceuticals said it would acquire 23andMe, which filed for bankruptcy in March and would continue to offer consumer DNA...
Trump Berates Walmart and Mattel for Warning About Tariff Price Increases
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The picture of a steady job market, even if backward looking, reassured investors worried about a trade-induced economic slowdown.
Prominent Anti-Corruption Lawyer Is Arrested in El Salvador
Ruth López was detained Sunday in what rights groups say represents a ‘dangerous escalation’ in President Nayib Bukele’s crackdown on...