Trump Is Expected to Announce Kevin Warsh as Fed Chair
President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone “known to everybody in the financial world.”
Lukoil Gas Station Franchisees Caught in a Fight Between US and Russia
After the United States imposed sanctions on Russia’s two biggest oil producers, the ripple effects wreaked havoc on business for local franchisees.
Can Josh D’Amaro Break Disney’s Succession Curse?
Josh D’Amaro is widely considered a front-runner to be the company’s next C.E.O. His biggest challenge might be escaping Bob Iger’s shadow.
California Jury Convicts Ex-Google Engineer of Stealing AI Secrets
A federal jury found that Linwei Ding stole thousands of confidential files to help him start a company in Beijing.
Washington Post Plans Cuts to Reshape Newsroom
The changes are expected to include significant layoffs in areas like sports and international coverage.
Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector
Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
Murdoch and News Corp Take on the West Coast with The California Post
The expansion of the Murdoch tabloid from its New York roots to the West Coast is the latest sign of the outlet’s national ambitions.
Costco Is Sued Over Preservatives in Its $5 Rotisserie Chickens
A proposed class-action lawsuit claims Costco was misleading customers and engaging in false advertising when it described the chicken as having no preservatives.
Budget Hotels Become an Immigration Battleground for ICE Protests
“No sleep” protests have used noise and other tactics to target ICE agents at hotels, leaving the owners, often immigrants themselves, caught in the middle.
Founder of First Brands, Whose Bankruptcy Spooked Wall St., Is Indicted on Fraud Charges
Patrick James, who was earlier ousted from the beleaguered auto-parts maker, is accused by federal prosecutors of faking invoices and lying about hidden debt for years.
John L. Allen Jr., Journalist With Inside Access to the Vatican, Dies at 61
He seemed to know everyone at the Holy See, and it showed in his reporting for the National Catholic Reporter and his website, Crux, though some said he grew too close to his sources.
New Food Stamp Rules Are Confusing Grocery Stores and Consumers
A dizzying array of rules govern what can be bought with SNAP dollars, confusing grocery stores and consumers.
U.K.’s Starmer Meets Xi Jinping in Beijing as Ties Warm
Prime Minister Keir Starmer of Britain is seeking to promote economic ties for growth, offering China’s leader, Xi Jinping, a way to court one of America’s allies.
U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility
The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
The A.I. Boom’s Uncertain Payoff
Companies like Microsoft and Meta are still spending big on artificial intelligence. But investors remain antsy about seeing results.
Russia’s Lukoil in Talks to Sell Some Assets to U.S. Investment Firm
The deal with Carlyle comes after the United States and the European Union imposed sanctions on Lukoil, putting a dent in the Kremlin’s oil revenue.
Newark Museum of Art Names a New Leader
Lisa Funderburke will be chief executive and director of the state’s largest art museum.
Trump’s Trade Policies Sort Manufacturers Into Winners and Losers
Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.
Why Some Cold States Are Making It Cheaper to Run a Heat Pump
New discounts can make heat pumps go from a bad investment to a good idea.
A Rug Maker Withstood One Year of Trump’s Tariffs. New Challenges Loom.
Loloi stockpiled rugs from India, Turkey and other countries in advance, but inventory is running low.