Europe Relaxes Rules on Company Climate Reports
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
Why Is Egg Shopping So Unpredictable?
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
What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers
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
Washington Post Opinion Editor Exits as Bezos Steers Pages in New Direction
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
What the U.S. and Ukraine May Gain From Trump’s Rare Earth Diplomacy
“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
BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas
BP, the energy giant, on Wednesday said it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy. The move appears to be a response to a combination of investor pressure for higher returns and a realization that the so-called energy transition to cleaner fuels is not … Read more
Benjamin Black Weighs Shift in U.S.A.I.D. Funding
At the United States Agency for International Development, thousands of workers have been fired or put on administrative leave and many of its projects addressing global issues like health, hunger and education have been halted. Now, a former Goldman Sachs analyst and son of a private equity billionaire has ambitions to control some of U.S.A.I.D.’s … Read more
Mass Federal Firings May Imperil Pets, Cattle and Crops
Shortly after taking office for the second time, President Trump began making deep cuts to agencies and programs that play critical roles in human health, slashing funding for medical research, halting global health aid and firing scores of workers at the Centers for Disease Control and Prevention. But the campaign to downsize government, which has … Read more
Cuts at USAID and Elsewhere Strains Global Journalism
Galina Timchenko, publisher and chief executive of the investigative newsroom Meduza, thought she was ready for anything. The site, based in Latvia and known for its fearless reporting on Vladimir V. Putin’s regime, had prepared for cyberattacks, legal threats and even poisonings of its reporters. One thing she hadn’t anticipated: defunding by the U.S. government. … Read more