BUSINESS

Did You Sell Concert Tickets or Clothes? You May Owe Taxes.

The good, bad and puzzling Corporate leaders and investors expected a bit of volatility to accompany President Trump’s second term. In many ways, that’s exactly what has happened one month in, with the radical cutting of the federal government, threats of trade wars and more. But amid a flurry of unexpected announcements — talks over … Read more

The cryptocurrency exchange Coinbase said on Friday that the Securities and Exchange Commission had agreed to drop its lawsuit against the company, lifting a legal cloud over the global crypto industry and signaling a broader retreat by federal regulators. Coinbase, in a post on its website and in a regulatory filing, said it had reached … Read more

Dozens of major news organizations, including CNN, The Washington Post and Fox News, wrote to the White House this week urging the Trump administration to immediately lift its ban on The Associated Press, which had been prohibited from attending a number of official press events over the past week. The White House has said it … Read more

A prominent group of chief executives said almost six years ago that making profits for shareholders was only part of their business — and not necessarily the main part. Speaking collectively as the Business Roundtable, C.E.O.s from companies like Johnson & Johnson, FedEx, Wells Fargo and Amazon said that, really, they were devoted to serving … Read more

When German voters go to the polls on Sunday, the fate of companies like SKW Piesteritz will be at the top of their minds. The chemical factory halved its annual Christmas bonus for workers last year, and it just shut down one of its two ammonia plants. Hammered by high energy costs and what they … Read more

The U.S. Justice Department said Thursday that it would dismiss a case against Elon Musk’s SpaceX, in which the rocket company had been accused of discriminating against people based on their citizenship status. In an unopposed motion filed with the U.S. District Court in the Southern District of Texas, the Justice Department said it intended … Read more

The Trump administration started firing about 6,700 employees at the Internal Revenue Service on Thursday, according to people familiar with the matter, extending its cost-cutting measures to the federal agency responsible for collecting tax revenue from millions of Americans. The job cuts at the I.R.S. are hitting probationary employees who were recently hired around the … Read more

Marshall Rose, a real estate developer who was instrumental in reviving the New York Public Library on Fifth Avenue and transforming the adjacent Bryant Park from a mecca for drug dealers into a verdant Midtown oasis, died on Saturday at his home in Manhattan. He was 88. The cause was complications of Parkinson’s disease, his … Read more

Trying to finalize long-simmering and contentious plans to unite the PGA Tour with the Saudi Arabian-backed LIV Golf circuit, President Trump met with the leader of the kingdom’s sovereign-wealth fund at the White House on Thursday, according to five people who were briefed on the gathering. The meeting included the wealth fund official, Yasir al-Rumayyan, … Read more