Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
Category: Trump, Donald J
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The Peril of Piloting Ships Through the Strait of Hormuz
The New York Times – Business: -
Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell
The New York Times – Business:The decision to end the inquiry into Jerome H. Powell’s handling of the Federal Reserve’s renovation could allow Kevin M. Warsh, the president’s pick for Fed chair, to be confirmed.
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Why Everyone, Including Trump, Is Talking About Airline Mergers
The New York Times – Business:A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
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Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses
The New York Times – Business:Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Companies, Not Consumers, to Cash In Big From Tariff Refunds
The New York Times – Business:Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says
The New York Times – Business:Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
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U.S. Nears Loan to Rescue Spirit Airlines
The New York Times – Business:The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
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Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud
The New York Times – Business:Justin Sun, one of the largest backers of World Liberty Financial, sued the Trump family’s crypto start-up, accusing it of a fraudulent scheme to pressure him into buying digital coins.
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Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label
The New York Times – Business:Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump’s demand for lower rates.
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Labor Secretary’s Departure Gives Trump an Opening to Focus on His Agenda
The New York Times – Business:President Trump accepted Labor Secretary Lori Chavez-DeRemer’s resignation ahead of an internal investigation into her conduct at the department.