Industry News / Helpful Articles
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 economic agenda.
Elon Musk, Mark Zuckerberg and Jeff Bezos to Attend Trump’s Inauguration
Billionaire business leaders, including Mark Zuckerberg, Jeff Bezos and Elon Musk, plan to make prominent appearances at Donald Trump’s inauguration next week.
Will China Let Elon Musk Buy TikTok?
As the popular video app faces a ban in the United States, Chinese officials are said to be weighing options to save it — including a sale to the tech mogul.
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Trump Is Said to Consider Executive Order to Circumvent TikTok Ban
The move is under discussion as the Chinese-owned app faces a Sunday deadline to find a new buyer or shut down in the United States.
A First-Day Trump Order: A Federal Stockpile of Bitcoin?
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.
Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.
Saudi Arabia and Sports Network DAZN Close to Deal
A unit of the kingdom’s sovereign wealth fund would pay more than $1 billion to buy into DAZN, in the latest sign of its sports ambitions.
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
The company’s Cursor product, which can autocomplete programming code, helped the start-up draw a $2.5 billion valuation.
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.
Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
Talk Turns to Los Angeles ‘2.0’
The governor of California has called for “a Marshall Plan” to rebuild the fire-ravaged city. But big questions loom about more ambitious and costly projects, including the 2028 Summer Olympic Games.
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.
Inside Mark Zuckerberg’s Sprint to Remake Meta for the Trump Era
After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are just beginning.
Disney, Fox and Warner Bros. Drop Venu Sports Streaming Service
Venu Sports, a joint venture among Disney, Fox and Warner Bros., was announced to great fanfare last year but was discontinued before it ever became available.
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.
Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.
