business 
It is a cornerstone of American democracy, enshrined in the First Amendment of the Constitution: People have the right to challenge the actions of their leaders. Countless citizens, companies and others have exercised that right by filing lawsuits against the U.S. government. This has been happening for more than 200 years. But the barrage of … Read more
President Trump on Friday commuted the sentence of Carlos Watson, a co-founder of the now-defunct digital media company Ozy Media, on the day he was set to surrender to prison, three people familiar with the matter said. Mr. Watson was sentenced in December to almost 10 years in prison for trying to defraud investors and … Read more
The private equity giant Blackstone is weighing taking a small stake in TikTok ahead of an April 5 deadline set by President Trump for the Chinese-owned app to change its ownership or face a U.S. ban under federal law, two people familiar with the situation said. Investing in TikTok would give Blackstone the chance to … Read more
Two tractor-trailers picked up some 80,000 pounds of beef from a slaughterhouse in northeastern Tennessee, and then vanished, the authorities said this week. They can’t figure out where the beef is, but a fake trucking company made off with enough meat to make about 320,000 quarter-pounders, the Grainger County Sheriff’s Office said. The meat was … Read more
Charlie Javice, who made big headlines in 2023 when JPMorgan Chase accused her of faking her startup’s customer list, was found guilty in federal court Friday of fraud. . She now faces the possibility of decades in prison . The bank has its own civil lawsuit on standby, as it attempts to claw back her … Read more
A federal judge on Friday temporarily halted the Trump administration’s efforts to dismantle Voice of America, the government-funded international broadcaster whose prospective demise has alarmed advocates for press freedoms. The judge, J. Paul Oetken of the U.S. District Court in Manhattan, ruled from the bench during a hearing on a lawsuit filed by Voice of … Read more
Years before President Trump returned to the White House, his budget chief, Russell T. Vought, began mapping out a plan to shrink the federal government. In Mr. Vought’s design, spending would be slashed by about $9 trillion over the next decade. Entire federal programs — from housing vouchers to student loans — would be eliminated. … Read more
Concerns about inflation and weak consumer sentiment dragged down the stock market on Friday, as Wall Street keeps struggling to assess the path forward for the U.S. economy with the full impact of President Trump’s tariffs looming. The S&P 500 inched down at the start of trading, after the Federal Reserve’s preferred inflation measure came … Read more
Trevor Milton, who was convicted by a federal jury in 2022 of defrauding investors in the electric truck maker Nikola, has received a pardon from President Trump, the White House confirmed. Mr. Milton, who founded and is the former chief executive of Nikola, was sentenced to four years in prison and fined $1 million after … Read more
More than a month after Washington and Kyiv first haggled over a deal to grant the United States a major stake in Ukraine’s mineral, oil and gas development projects, the two sides are back to square one in the negotiations. Washington has sent Kyiv a new proposal that restates the sweeping financial demands from an … Read more