General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
Category: United States
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Airline Stocks Tumble as Iran War Expands Across Middle East
Higher fuel prices and lower demand for international flights are eating into airlines’ profits.
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Banks Are Becoming Bulwarks for Vulnerable Seniors
Older Americans are losing billions of dollars annually to financial exploitation. Banks and investment firms are training employees to spot red flags and stop the transactions.
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Paramount Revises Its Bid for Warner Bros. Discovery
Netflix, Warner Bros. Discovery’s preferred acquirer, now has four days to counter Paramount’s revised offer.
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FedEx Sues for Refund of Trump Tariffs Rejected by Supreme Court
The company, which did not specify how much it was seeking, is expected to be one of many demanding compensation for levies ruled unlawful.
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They Did Deals With Trump to Get Lower Tariffs. Now They Are Stuck.
Countries that under the threat of tariffs made commitments like enormous investment pledges face the reality that they may have been better off waiting.
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Trump Doubles Down on Closing Tax Loophole on Cheap Imports
The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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Trump and Indonesia Sign Trade Deal, Locking in 19% Tariffs
The countries made official an agreement reached last year, with Indonesia avoiding a higher tariff and committing to cooperate on export controls.
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Trump Hails Japan’s First Batch of U.S. Investments
The deals, totaling $36 billion, were the first step in a $550 billion investment pledge aimed at securing tariff relief and sustaining U.S. relations.
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How the H-1B Visa Debate Is Driving a Wave of Racism Against South Asians
A dispute over the impact of H-1B visas on U.S. workers has been overshadowed by racist rhetoric, with troubling echoes of the great replacement conspiracy theory.
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Should Drug Companies Be Advertising to Consumers?
Aging means “becoming a target” of the industry, one expert said. After decades of debate, politicians of all stripes are proposing bans.