business 
Crafters, quilters, knitters and makers across the country received bleak news on Wednesday when they learned that Joann, the arts-and-crafts retail giant, was preparing to close more than half of its stores in the wake of its latest bankruptcy filing — its second in less than a year. Possibly as early as this weekend, pending … Read more
A 90-quart model of Igloo coolers has been recalled in North America after the handles of the product caused serious injuries to customers’ fingers, including amputation, government agencies in the United States and Canada said. The recall of the Igloo 90-Quart Flip & Tow Rolling Coolers was issued on Thursday after Igloo received 12 reports … Read more
President Trump on Thursday set in motion a plan for new tariffs on other countries globally, an ambitious move that could shatter the rules of global trading and is likely to set off furious negotiations. The president directed his advisers to come up with new tariff levels that take into account a range of trade … Read more
Skylar Holden, a cattle rancher in Missouri, had signed a $240,000 cost-sharing contract with the Agriculture Department to add fencing and improve the watering system for his property. But after the Trump administration abruptly froze federal funding, Mr. Holden said, he was suddenly out tens of thousands of dollars and on the hook for tens … Read more
This orange chicken has not been waiting for you on the steam table. It has not been bouncing and sweating in the darkness of a clamshell container while you wheel your luggage to the gate. At Panda Inn, the Pasadena restaurant that started Panda Express, the orange chicken is made to order, strewed with whole … Read more
Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together. Last summer, as I worked on an article about the global fan base of the N.B.A. star LeBron James, I bragged to a friend that I had interviewed a resident of every continent. “Even Antarctica?” … Read more
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners, risking even higher consumer prices and pushing back the prospects of the Federal Reserve lowering interest rates soon. New inflation data released this week showed price pressures intensifying. The unexpected jump in January’s … Read more
Elon Musk said in a court filing late Wednesday that he would withdraw his $97.4 billion bid to control OpenAI if the company dropped a longstanding effort to change its corporate structure. Mr. Musk and a consortium of investors had offered on Monday to buy the assets of the nonprofit that controls OpenAI, escalating a … Read more
Chevron, the second-largest U.S. oil and gas company, said on Wednesday that it would lay off as much as 20 percent of its work force, or up to around 9,000 people, as part of a cost-cutting effort. While the cuts are deeper than at other oil companies, they are in keeping with a broad trend … Read more
Linda Sun, a former aide to two New York governors, faces new allegations related to charges that she used her position to benefit the Chinese government, according to a superseding indictment against Ms. Sun and her husband unsealed Tuesday. Ms. Sun, who served as Gov. Kathy Hochul’s deputy chief of staff and in lower-level positions … Read more