When They Stop Selling Your Favorite Thing

For 15 years, Elizabeth Spiridakis Olson used a matte lip pencil in a shade of red called Dragon Girl. In her view, it was “one of the great reds, and the perfect consistency.” Ms. Spiridakis Olson, a freelance creative director in South Orange, N.J., used it almost daily. She kept one Dragon Girl lip pencil … Read more

One Month into the Trump Presidency

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

Coinbase Says S.E.C. Will Drop Crypto Lawsuit

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

Profits, Not D.E.I., Are Why Companies Exist

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

I.R.S. Fires 6,700 Employees Ahead of Tax Filing Season

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