Business
A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products began disappearing from U.S. store shelves and American firms that depend on foreign materials were going out of …
In an Uncertain Economy, McDonald’s Sees Spending Decline
The burger giant, a much-watched barometer for consumer sentiment, reported lower revenue in the first quarter.
As a Shipping Loophole Closes, Small Online Sellers Scramble
Small-ticket items shipped to the United States from China will no longer be exempt from tariffs starting on Friday, when a decision by President Trump to shutter a shipping loophole he calls a “scam” takes effect. The move is expected to send …
How Much Time Will Musk Devote to Tesla?
The carmaker denied a report that its board had explored finding a successor to Elon Musk. But even if he sticks around, he and the company face big challenges.
Rory McIlroy Dives Deeper Into Private Equity
The golf star is teaming up with the investment firm TPG on a new sports-related fund.
House Votes to Repeal California’s Clean Truck Policies
Lawmakers voted to stop the state from requiring that an increasing share of new trucks sold there have zero emissions.
Most Prosthetics Blend In. Her ‘Fun’ Eyes Stand Out.
As a maker of prosthetic eyes, Christina Leitzel was told as an apprentice to treat her craft much as an expert art forger would: create a perfect match of one of nature’s most intricate canvases. But just as there are many ways to lose an eye — to …
Trump, on Tariffs, Says ‘Maybe the Children Will Have 2 Dolls Instead of 30’
At the end of a cabinet meeting, the president allowed for the possibility that trade war could disrupt supply chains.
Man Accused of Hacking Climate Groups Can Be Sent to U.S., Judge Says
A London court approved the extradition of Amit Forlit, who ran companies that allegedly stole information on behalf of a lobbying firm hired by Exxon.
Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
During the first 100 days of the Trump administration, shock waves from the chaotic tariff rollout continue to send tremors through the global financial system.