Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
What happens to Trump’s tariffs now a court has knocked them down?
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s surprises in first quarter, but cuts profit outlook for tariffs
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.
United is narrowing its check-in window for US flights
Stragglers beware: U.S. travelers flying with United Airlines will have to check in to domestic flights a little earlier starting next week.
Why ‘wrench attacks’ on wealthy crypto holders are on the rise
Wrench attacks, where crypto investors are hit with wrenches to give up passwords, are on the rise.
SpaceX launches another Starship rocket but it tumbles out of control
SpaceX has launched its Starship mega rocket again after back-to-back explosions.
Metta World Peace Is Writing The Playbook On Entrepreneurship
One on one with former NBA star Metta World Peace who talks breaking into private equity and continuing his legacy off the court Photo:
Second crypto investor is charged with kidnapping and torturing
A second cryptocurrency investor has surrendered to police in the alleged kidnapping and torture of a man inside an upscale Manhattan townhouse.
Wall Street whips back upward after Trump pauses more tariffs
Wall Street is rallying after President Donald Trump delayed a 50% tariff on goods coming from the European Union.
Salesforce is buying Informatica in deal worth approximately $8 billion
Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal.
Tesla's European Sales Nearly Cut in Half
Tesla's monthly European sales slashed by almost half in April. The electric car giant sold just over 7000 vehicles, a huge drop from about 14,000 last year.
Circle Internet Group Files for IPO on NYSE
In a significant move for the cryptocurrency and fintech sectors, stable-coin giant Circle Internet Group has filed for an IPO on the New York Stock Exchange.
Homeowners spend on renovations and repairs amid economic uncertainty
U.S. homeowners are boosting spending on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy.
Disney puts Venezuelan workers on leave after Trump strips status
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
FTC abandons effort to block Microsoft buying Activision Blizzard
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.
Boeing will avoid prosecution over 737 Max crashes under deal
The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people.
Big Business This Week: Uber über alles
After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, Moody's, Paramount, and Golden Dome.
Nike to start selling its products directly on Amazon’s US website again
Nike is going to start selling its products directly on Amazon’s U.S. website for the first time since 2019.
