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Washington Post Names Adam O’Neal as Opinion Editor

June 11, 2025 by business

The Washington Post said Wednesday that it had hired Adam O’Neal, a correspondent from The Economist, to be its next opinion editor. Mr. O’Neal will be charged with carrying out a new direction for the section laid out by Jeff Bezos, the owner of The Washington Post: to champion “personal liberties and free markets.” Before … Read more

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How Immigrants and Labor, Long Joined in L.A., Set the Stage for Protest

June 11, 2025 by business

Los Angeles is a city of immigrants. It is also a city of unions. And in California, those two constituencies have essentially melded into one. So it should come as no surprise that federal immigration raids on workplaces around Los Angeles County this week set off the largest protests to date against President Trump’s immigration … Read more

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The House’s Policy Bill Would Lose Money. Could Trump’s Tariffs Replace It?

June 11, 2025 by business

Over the past few months, after President Trump imposed wave after wave of tariffs, companies began paying billions more to bring goods into the country. In May, the Treasury collected more than $22 billion in tariff payments, data released on Wednesday shows, a record high. The income figures are among the first concrete indicators of … Read more

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Senate Republicans Want to Trim Some of Trump’s Populist Tax Cuts

June 11, 2025 by business

Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that they hoped to make major changes to the legislation before the G.O.P. was done muscling it through Congress. Several have wanted to pare back the cuts to Medicaid, the health care program for the poor, … Read more

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Musk Spoke to Trump Privately Before Posting Message of ‘Regret’

June 11, 2025 by business

President Trump received a phone call from Elon Musk late on Monday night, which led to a public expression of regret from the billionaire early Wednesday for the attacks he had lodged against the president in their extraordinary public showdown last week, according to three people briefed on the call. Mr. Musk’s outreach to Mr. … Read more

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Midea Recalls AC Units Over Mold Risk, Leaving Customers Frustrated

June 11, 2025 by business

Last Thursday, Clare Conroy turned on her window air-conditioner for its inaugural run of the season. A few hours later, she learned that her appliance, a U-shaped Midea unit that has exploded in popularity since it was introduced in 2020, had been recalled over a potential mold risk. The window units, which are gracefully rounded, … Read more

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Germany Embraces LNG as It Weans Itself Off Russian Gas

June 11, 2025 by business

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

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Elon Musk Says His Trump Criticisms ‘Went Too Far’

June 11, 2025 by business

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

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Rubio Is Pressing to Open Sanctions Investigation Into Harvard

June 11, 2025 by business

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

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China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand

June 11, 2025 by business

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

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