
Business

How an Formula 1 Racecar Returns to Action So Quickly
After an accident during a practice session, mechanics swarm the car and grab spare parts, with the goal of making the next race. Sometimes it gets dicey.

For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.

Apple Dodged a Tariff Hit. It Expects Its Luck to Run Out.
The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the trade war.

Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.

What Australia’s Vote Means for Climate in a Major Coal Economy
The leading candidates in Saturday’s national election have starkly different policies on energy and global warming.

Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
Supporters say the change is important to stop cheap Chinese goods from entering the U.S. But the decision could drive up prices for goods Americans buy online.

Microsoft Drops Law Firm That Made a Deal With Trump From a Case
The tech giant instead engaged a firm that is fighting the president’s executive orders, Jenner & Block, in a sign that those firms can still attract clients.

The World Still Speaks in U.S. Dollars
Confidence in the world’s reserve currency is in doubt, leaving an opening for alternatives like the euro. But it won’t be easy.

Colleges Know How Much You’re Willing to Pay. Here’s How.
Schools turn to little-known consultants, owned by private equity firms, to find applicants and calculate scholarships. Here’s how that affects the price you pay.

Tesla Chair Denies That Board Sought to Replace Elon Musk
Robyn Denholm, who leads Tesla’s board, said on social media that board members were “highly confident” in Mr. Musk, the company’s chief executive.