Business

Mexican President Claudia Sheinbaum to reveal trade counterpunch as tensions with Trump escalate

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Sheinbaum called “offensive, defamatory and without support” the White House allegations that Mexican drug traffickers persist because of “an intolerable ...

Trump to address Congress after dramatic start to second term

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Speech comes as president has unleashed aggressive agenda to reshape US trade and foreign policy

US government considers selling FBI and DoJ headquarters

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Proposed sale of more than 80mn sq feet of ‘non-core assets’ comes amid aggressive cost-cutting agenda

Trump administration quietly amends government lay-offs directive

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Change comes after thousands of workers were fired, causing chaos across the US

Reddit cofounder Alexis Ohanian wants to buy TikTok—and add a bold new crypto element

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Ohanian posted Tuesday on X that he’s looking to bring TikTok “on-chain.” Read More

US stocks erase post-election gains on Trump tariff fears

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President’s protectionist moves spark concerns about retaliation and damage from escalating trade war

How to watch the Trump’s joint address to Congress for free—and without cable

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Trump addresses Congress for the first time in his second term. Read More

Companies brace for price pressures as Trump tariffs start to bite

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Manufacturing, retail and food sectors highlight coming shocks after duties on Canada, Mexico and China are imposed

Trump’s budget cuts threaten AI research, top scientists warn

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Academic research into AI is at risk from President Trump’s cost-cutting, critics say. Read More

Trump’s planned crypto reserve pits Bitcoin loyalists against ‘altcoin’ boosters

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Cameron Winklevoss says, “Bitcoin is the only asset that meets the bar for a store of value reserve asset.” Read ...

Target CEO joins swarm of Fortune 500 executives warning of bigger bills as Trump’s tariff fallout hits the grocery aisle

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Target shoppers can expect to see price increases on produce “over the next couple of days,” boss Brian Cornell said ...

Target has a plan to add $15 billion to its sales by 2030 but it has plenty of problems to fix to get there

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The cheap-chic retailer plans to add $15 billion to its topline. Read More

Trudeau accuses Trump of sidling up to Russia and blasts new tariffs: ‘Donald, this is a very dumb thing to do’

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Canada’s outgoing Prime Minister Justin Trudeau vowed retaliatory tariffs on more than $100 billion of American goods in response to ...

Germany’s Merz strikes debt deal to fund defence and infrastructure

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Chancellor-to-be moves to relax debt brake in ‘sea change’ from country’s conservative approach to borrowing

The economic costs of Trump’s assault on the global order

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America is trying to undo the very system of open trade that it created

BlackRock strikes $23 billion deal to bring ports on both sides of Panama Canal under American control

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CK Hutchison Holding has agreed to sell shares of its units that operate the ports to a consortium including BlackRock. ...

Michael Bloomberg is America’s biggest donor with $3.7 billion in gifts: ‘I’ve never understood people who wait until they die to give away their wealth’

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For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes. ...

I tried the American Cancer Society’s new cancer risk assessment. Here’s what I learned

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As cancer is rising in younger adults, the American Cancer Society is providing a new tool to help you lower ...

Georgia has made $112 million from speed cameras in school zones, but over 100 lawmakers want to pull the plug: ‘These camera companies are engaged in deceit and trickery’

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“Profit-based law enforcement cannot be trusted,” John Moore said. “I hope you can convince your colleagues to vote this menace ...

AI massage startup raises $83 million, brings robots to Equinox

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The New York-based startup, Aescape, is currently valued at $250 million. Read More

Apple launches legal challenge to UK ‘back door’ order

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iPhone maker has filed a complaint to the Investigatory Powers Tribunal over demand to access encrypted data

As Tesla stock plummets, boardroom insider and Elon Musk supporter Robyn Denholm piles on the pain

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Denholm’s latest sale means she has liquidated roughly $117 million in stock over the past three months Read More

Carlyle CEO Harvey Schwartz tells investors to ‘buckle up’ for tariff uncertainty as stock market wipes away ‘Trump rally’ gains

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A former Treasury Secretary and other famed investors shared their perspectives as Canada, Mexico, and China moved to retaliate. Read ...

How Trump and Musk defanging the SEC could put your financial future at risk

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They’ve rapidly dismantled some of the most important financial protections that investors and consumers rely on. Read More

Zelenskyy says Ukraine prepared to sign US minerals deal ‘at any time’

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Conciliatory statement comes after White House clash led to abandonment of plan to sign agreement

How North Korea cracked Bybit’s crypto safe to steal $1.5 billion in a record heist

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North Korean hackers laid in wait for “probably many months.” Here is a step by step guide to how they ...

Reeves warns trade war will harm UK’s economy even if it avoids tariffs

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Chancellor says growth and inflation will be hit by fallout from global friction

Amazon CEO says he’s cutting middle managers because they want to ‘put their fingerprint on everything.’ That’s music to the ears of Gen Z

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Andy Jassy is flattening the company’s hierarchy, and it may be perfect for Gen Z avoiding managerial roles and burnout. ...

The maker of the Taser is developing ‘more covert’ weapons for executives as the C-suite worries about its safety

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Company has received several queries since the murder of UnitedHealthcare’s Brian Thompson. Read More

AI and logistics lift Sea Group to its second-ever annual profit—including e-commerce success in an unexpected market

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The Singapore tech firm, whose businesses cover e-commerce, video games, and digital finance, reported an annual profit of $447.8 million. ...