When Russia invaded Ukraine in 2022, Germany realized that its dependency on natural gas piped from Russia had endangered its energy security. It had no ports to bring in alternative energy sources needed to keep its factories running and homes warm. Three years on, it now has four. The most recent began operating in late … Read more
Elon Musk said in a social media post early Wednesday that he regretted some of his posts and comments about President Trump last week, which had led the president to disparage the tech billionaire, a feud that played out in real time on social media. Mr. Musk said on his X platform that some of … Read more
Secretary of State Marco Rubio is pushing to investigate whether Harvard University violated federal sanctions by collaborating on a health insurance conference in China that may have included officials blacklisted by the U.S. government, according to people familiar with the matter and documents reviewed by The New York Times. Mr. Rubio signed off on a … Read more
In its high-stakes trade talks with the United States, China has been trying to strike a balance in how it wields its market clout. It controls the world’s supply of rare earth metals and magnets. And it has withheld supplies of the materials, which are crucial ingredients in everything from cars to fighter jets, as … Read more
We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before, so we will wait to hear whether both sides say the same thing before any sort of victory can be declared. We’re also watching key C.P.I. data on Wednesday. … Read more
Businesses across the United States have for months warned that they would raise prices on their customers in response to President Trump’s tariffs. The latest data show that it is happening only in a limited way so far, helping to keep a lid on inflation. The Consumer Price Index, released on Wednesday, rose 2.4 percent … Read more
The New York Times has appointed Ligaya Mishan and Tejal Rao as co-chief restaurant critics, the first time that the news organization will have more than one, the company announced on Wednesday. The change is part of an effort to expand starred restaurant reviews across the country, instead of focusing them almost exclusively in New … Read more
Disney and Universal sued a prominent artificial intelligence start-up for copyright infringement on Wednesday, bringing Hollywood belatedly into the increasingly intense battle over generative A.I. The movie companies sued Midjourney, an A.I. image generator that has tens of millions of registered users. The 110-page lawsuit contends that Midjourney “helped itself to countless” copyrighted works to … Read more
The British government announced on Wednesday hundreds of billions of pounds in spending on defense, health care and investment in infrastructure and housing, as it laid out its economic priorities for the next few years. Rachel Reeves, the chancellor of the Exchequer, presented a breakdown of the public finances in Parliament, detailing how much money … Read more
Richard Beattie, a mergers lawyer who helped pioneer private equity takeovers — work that was immortalized in the much-lauded book “Barbarians at the Gate” — and who served in Washington and New York City government, died on Friday at his home in Manhattan. He was 86. His daughter Lisa Beattie Frelinghuysen said the cause was … Read more