The founding family of 7-Eleven’s Japanese parent company has failed to secure the money to buy it out, the company said Thursday, months after they launched a bid worth over $50 billion to fend off a foreign takeover. Seven & i Holdings, which sits atop a vast network of 85,000 convenience stores, primarily in Asia … Read more
Paramount, the parent company of BET, MTV and the Paramount film studio, on Wednesday said it was rethinking its approach to diversity, equity and inclusion amid a broader backlash toward D.E.I. policies driven by the Trump administration. In a note to employees obtained by The New York Times, Paramount’s co-chief executives said that they were … Read more
President Trump said on Wednesday that he would revoke a Biden-era policy that allowed more oil to be produced in Venezuela and exported, dealing a blow to the country’s government and Chevron, which produces oil there. Mr. Trump did not mention Chevron in his post on Truth Social, saying only that he would reverse concessions … Read more
Intuitive Machines landed a robot on the moon last year. Can the Houston company do it again, but keep the spacecraft upright this time? When the spacecraft, named Odysseus, set down on the moon last February, it managed to communicate with Earth even though it had toppled on its side. It was the first commercially … Read more
The European Commission on Wednesday proposed to substantially loosen the requirements on companies to report on the social and environmental impacts of their operations. The proposal would limit the rules to companies with more than 1,000 employees and revenue over 50 million euros ($53 million), which means that about 80 percent of companies currently covered … Read more
On Saturday morning in Culver City, Calif., Marie Hernandes finally found her eggs. A friend had asked for a vanilla birthday cake, so all week after work, she’d visited multiple stores — Ralphs, Target, Walmart — only to find the eggs sold out. Finally, an early-morning run to Costco landed her two 24-packs at $7.69 … Read more
It’s a tax season unlike any other: As millions of Americans dutifully file their returns, the Trump administration is calling for the abolition of the Internal Revenue Service and plans to fire as many as 7,000 workers — all while Elon Musk’s Department of Government Efficiency is seeking access to detailed taxpayer information. It is … Read more
The Washington Post’s opinion editor, David Shipley, is exiting as the newspaper’s owner, Jeff Bezos, said the section’s focus would narrow to defend “personal liberties and free markets.” “I am of America and for America, and proud to be so,” Mr. Bezos said. “Our country did not get here by being typical. And a big … Read more
“They have very good rare earth” Ukraine has finally struck a deal to share revenue from mineral sources with the United States, following weeks of sometimes tense negotiations punctuated by insults and threats by President Trump. What Trump proclaimed as a “very big deal” is indeed noteworthy — both in terms of how his administration … Read more
