In the Lower Manhattan neighborhood of TriBeCa, known for its liberal politics and sky-high rents, a new retailer, known for its conservative Christian convictions, rock-bottom prices and steadfast customers in rural America, is moving in. Now the question is, can this retailer, Hobby Lobby, make it in Manhattan? The retailer, which is expected to open … Read more
“Sound of Freedom” resonated with large swaths of the American right — including QAnon-aligned conspiracy theorists. One of the film’s most striking features was that it ended with a call to action: Using a QR code, fans were invited to purchase tickets for other moviegoers, a “pay it forward” donation system that Angel has since … Read more
An important segment of India’s business community woke up Wednesday to a fright: President Trump had again brandished the threat of tariffs on pharmaceutical imports. “We’re going to be announcing very shortly a major tariff on pharmaceuticals,” he told guests at a dinner held by the National Republican Congressional Committee. India has spent most of … Read more
For just about everyone in Asia, President Trump’s latest round of severe tariffs is a disaster. Everyone but Liu Gang, who sees this moment as a chance to double down on his electronics factory in the Philippines. “I tell companies: ‘Come to the Philippines,’” Mr. Liu said as he competed to be heard above the … Read more
A mere month ago, luxury businesses were looking forward to a new era of deregulation, lower taxes and a booming stock market — and dreaming of well-heeled buyers splurging on opulent ball gowns and statement watches. Instead, as the Trump administration imposes 20 percent tariffs on products from the European Union, they are bracing for … Read more
NASA will prioritize sending American astronauts to Mars, President Trump’s nominee to lead the space agency will tell a Senate committee on Wednesday. The nominee is Jared Isaacman, the chief executive of the payment processing company Shift4 Payments, who is a close associate of Elon Musk, the founder of SpaceX. As someone who has led … Read more
Behind President Trump’s decision to hit some of America’s largest trading partners with stiff tariffs is his fixation on the trade deficit that the United States runs with other nations. But many economists say that is a poor metric for judging the quality of a trade relationship. The steep tariffs, which went into effect on … Read more
Market turmoil extended into Wednesday’s trading session in Asia, as stocks across the region faced renewed downward pressure amid the impending imposition of significantly higher taxes on imports to the United States. Benchmark indexes in Japan and Hong Kong opened down more than 3 percent on Wednesday morning, following a day on Wall Street when … Read more
The Trump administration formally barred federal workers from listing their preferred pronouns in email signatures, calling it a symptom of a misguided “gender ideology.” Some White House officials are taking a similar approach with the journalists that cover them. On at least three recent occasions, senior Trump press aides have refused to engage with reporters’ … Read more
A big law firm that has come under attack by the Trump administration filed court papers on Tuesday seeking to permanently block an executive order that threatens its businesses and ability to represent clients in matters involving the federal government. The firm, Jenner & Block, filed the papers in federal court in Washington a little … Read more