business 
Nicolas Puech is an heir to the Hermès fortune whose riches are shrouded in mystery. He either is or is not a billionaire, and may or may not have a sizable stake in his family’s luxury brand, depending on when and where these matters come up. A new lawsuit filed in federal court late last … Read more
Willkie Farr & Gallagher last week became the latest law firm to strike a deal with the White House and escape President Trump’s wrath. But the firm, which pledged $100 million in legal services to causes that the Trump administration supports, traded one problem for another. Willkie has faced a backlash to the deal in … Read more
Hard hats are back. So is “beautiful, clean” coal. President Trump signed four executive orders on Tuesday to try to bolster the country’s declining coal industry, including the lifting of restrictions on mining and burning of the dirtiest fossil fuel. In addition to waiving air pollution limits and other regulations on coal imposed by the … Read more
The European Union plans to vote on Wednesday afternoon on its first retaliation measures in response to President Trump’s tariffs, moving closer to placing increased duties on a range of manufactured goods and farm products that would take effect in phases starting next week. The list up for consideration is a slightly trimmed down version … Read more
The airplane’s cabin doors closed hours ago, you’re fastened into your seat and you’re still on the ground, going nowhere fast. What gives? Tarmac delays may be routine, but that doesn’t make them any less of a nightmare. And these instances of passenger purgatory only seem to be getting more frequent for airlines flying in … Read more
In the Lower Manhattan neighborhood of TriBeCa, known for its liberal politics and sky-high rents, a new retailer, known for its conservative Christian convictions, rock-bottom prices and steadfast customers in rural America, is moving in. Now the question is, can this retailer, Hobby Lobby, make it in Manhattan? The retailer, which is expected to open … Read more
“Sound of Freedom” resonated with large swaths of the American right — including QAnon-aligned conspiracy theorists. One of the film’s most striking features was that it ended with a call to action: Using a QR code, fans were invited to purchase tickets for other moviegoers, a “pay it forward” donation system that Angel has since … Read more
An important segment of India’s business community woke up Wednesday to a fright: President Trump had again brandished the threat of tariffs on pharmaceutical imports. “We’re going to be announcing very shortly a major tariff on pharmaceuticals,” he told guests at a dinner held by the National Republican Congressional Committee. India has spent most of … Read more
For just about everyone in Asia, President Trump’s latest round of severe tariffs is a disaster. Everyone but Liu Gang, who sees this moment as a chance to double down on his electronics factory in the Philippines. “I tell companies: ‘Come to the Philippines,’” Mr. Liu said as he competed to be heard above the … Read more
A mere month ago, luxury businesses were looking forward to a new era of deregulation, lower taxes and a booming stock market — and dreaming of well-heeled buyers splurging on opulent ball gowns and statement watches. Instead, as the Trump administration imposes 20 percent tariffs on products from the European Union, they are bracing for … Read more