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Did Elon Musk Write the “Fork in the Road” Layoffs Memo?
President Trump’s chief cost-cutter cheered an effort to persuade federal workers to quit — in a fashion that closely resembles a purge at Twitter.

Apple, Meta, Nvidia and OpenAI: Who Wins and Loses the DeepSeek Scramble?
The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied. Here’s why.

DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley
The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon Valley worried about what comes next.

Debanking, and the Diss Heard Around Davos
President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.

Trump Escalates His War on D.E.I.
President Trump’s campaign to end diversity, equity and inclusion policies has begun in federal agencies, and is jolting corporate America as well.

Taking Trump’s Tariffs Threats Seriously and Literally
Some analysts increasingly believe the president sees levies as more than a negotiating ploy. To him, they’re a potential source of revenue.

Jeff Bezos, Mark Zuckerberg and Other Billionaires at the Inauguration
The sight of Jeff Bezos, Mark Zuckerberg and others at President Trump’s swearing-in was another sign of how business is adapting to a new Washington.

Trump, the Deal Maker in Chief, Is Back
The business world is expecting big changes — and potential disruptions — as Donald Trump returns to the White House.

Musk and Zuckerberg Reflect New Blows Against D.E.I. Policies
Corporate policies concerning diversity, equity and inclusion, already under pressure from conservatives, are facing greater threats from allies of the president-elect.

What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his...