business

The fire hose of Elon Musk news continues: We’ve got more on the controversy over the access to sensitive I.R.S. data that Musk’s cost-cutting team is seeking and the resignation of a senior official at the Social Security Administration over a similar issue. And in case you missed it, there were two revealing long reads … Read more

The Internal Revenue Service is preparing to give a team member working with Elon Musk’s so-called Department of Government Efficiency access to sensitive taxpayer data, people familiar with the matter said. The systems at the I.R.S. contain the private financial data tied to millions of Americans, including their tax returns, Social Security numbers, addresses, banking … Read more

Southwest Airlines on Monday announced plans to cut 15 percent of its work force, the first round of broad layoffs in the airline’s 53-year history. The company said it planned to cut about 1,750 jobs, with the cuts mostly focused on corporate positions. The layoffs will include 11 senior leaders with titles of vice president … Read more

As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to dog officials at the Federal Reserve: How will these policies impact the central bank’s plans to lower interest rates? One influential Fed governor made clear on Monday that he did not expect Mr. Trump’s … Read more

An advertisement that was set to run in some editions of The Washington Post on Tuesday calling for Elon Musk to be fired from his role in government was abruptly canceled, according to one of the advocacy groups that had ordered the ad. Common Cause said it was told by the newspaper on Friday that … Read more

Since their party swept to power, Republicans have entertained visions of an all-inclusive tax cut — one that could permanently lower rates for individuals, shower corporations with new incentives and deliver President Trump’s sprawling suite of campaign promises. If only it were so easy. House Republicans are preparing to adopt a budget plan that puts … Read more

President Trump’s policies could threaten many big green energy projects in the coming years, but his election has already dealt a big blow to an ambitious California effort to replace thousands of diesel-fueled trucks with battery-powered semis. The California plan, which has been closely watched by other states and countries, was meant to take a … Read more

Journalists from The New York Times, The New Yorker and ProPublica were among the winners of the George Polk Awards, which were announced on Monday. Long Island University, the home of the awards, selected the winners from 493 submissions of work published in 2024, many of which focused on reports from wars and conflict zones … Read more

President Trump has long argued that a law barring companies from bribing officials of foreign governments stifles deal-making abroad and puts American companies at a disadvantage. But when he effectively put the Foreign Corrupt Practices Act out of commission this week, the order did not elicit the cheers from corporate America that you might have … Read more

Amazon workers voted overwhelmingly against a bid to unionize their North Carolina warehouse, the National Labor Relations Board said on Saturday, the latest setback in labor organizing efforts at the e-commerce giant. Workers at the RDU1 fulfillment center in Garner, outside of Raleigh, voted 2,447 to 829 against unionizing with Carolina Amazonians United for Solidarity … Read more