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News Articles: Business

A view of shipping cranes at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Los Angeles and Long Beach ports are seeing significant drops in expected cargo ships coming into port this week due to tariffs imposed by the Trump Administration.

Tagged as: 

  • Business

In the wake of tariffs, cargo at the Port of LA is down 35%

The immediate impact of the cargo decline affects virtually every business around the ports, but port officials say this downturn will soon be felt much more broadly.

May 07, 2025
|
By:
  • Steve Futterman
Actor Jon Voight, his advisor and CEO of SP Media Group Steven Paul, President Trump, and SP Media Group/Atlas Comics president Scott Karol met at Mar-a-Lago over the weekend.

Tagged as: 

  • Business

How a visit from actor Jon Voight led Trump to post about movie tariffs

Since he announced his intention to impose a 100% tariff on movies made outside of the United States, President Trump has hedged, saying he's open to meeting with industry leaders.

May 07, 2025
|
By:
  • Mandalit del Barco
Federal Reserve Chair Jerome Powell and his colleagues kept interest rates unchanged Wednesday. President Trump has criticized the central bank for not lowering rates.

Tagged as: 

  • Economy

The Fed holds interest rates steady as Trump's tariffs spark uncertainty

The Federal Reserve held interest rates steady Wednesday as President Trump's tariffs threaten to raise prices and drag down economic growth.

May 07, 2025
|
By:
  • Scott Horsley
Only about half of Americans have assembled a stash of emergency supplies. To make the process less overwhelming, "start with what you already have," says Alyssa Provencio, a professor at the University of Central Oklahoma who researches emergency and disaster management.

Tagged as: 

  • Climate

Cheap and easy ways to stock your emergency go bag

Putting together a go bag doesn't have to be daunting or expensive. Here's how to create a functional kit that doesn't require much money, time or effort.

May 07, 2025
|
By:
  • Andee Tagle and
  • Malaka Gharib
The Walt Disney Company announced on Wednesday that the seventh Disney theme park will be in Abu Dhabi. This rendering shows the plans.

Tagged as: 

  • Arts & Life

Disney's newest theme park will be in Abu Dhabi

The company's theme parks and cruises make up a fast-growing section of its profits. The new park will be located on Yas Island with a number of existing attractions. 

May 07, 2025
|
By:
  • Neda Ulaby
Senior Trump adviser Kari Lake, shown above at a conservative conference earlier this year, announced Tuesday night that Voice of America would rely on coverage from the far-right television network OAN. Voice of America employees that Lake put on indefinite leave are suing to be restored to their jobs.

Tagged as: 

  • Media

Kari Lake says OAN's far-right coverage will fuel Voice of America

Senior presidential adviser Kari Lake says Voice of America will rely on coverage from the far-right OAN network. OAN has offered unwavering support of President Trump.

May 07, 2025
|
By:
  • David Folkenflik
Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province in April 2025.

Tagged as: 

  • Asia

U.S. and Chinese officials will meet in Geneva in first sign of thaw in trade war

The superpowers have been locked in a geopolitical blinking contest, waiting for the other side to reach out. The talks in Switzerland are the first concrete sign of a potential thaw in the deadlock.

May 07, 2025
|
By:
  • Sherisse Pham
This image shows the logo of WeightWatchers on a mobile phone, and the company's website, in New York, March 7, 2023.

Tagged as: 

  • Business

WeightWatchers files for bankruptcy protection to eliminate debt burden

WeightWatchers said Tuesday it is filing for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and focus on its transition into a telehealth services provider.

May 07, 2025
|
By:
  • The Associated Press
People wait in line for a delayed flight at Newark International Airport on Monday in Newark, N.J. Delays and cancellations at one of the nation's busiest airports have persisted for several days.

Tagged as: 

  • National

What is happening at Newark Airport? This and other questions answered

Hundreds of flight delays and cancellations at Newark's airport over the past several days are giving passengers headaches and spurring promises to improve the nation's air traffic control system.

May 06, 2025
|
By:
  • Jaclyn Diaz
A man stops to fill up his car at a gas station in Washington, D.C., in November. Gas prices have fallen this spring, despite the fact that they typically rise this time of year, largely because of lower oil prices. That saves drivers money and also brings down the costs of goods.

Tagged as: 

  • Business

Why oil prices are falling, and what it means for the economy

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.

May 06, 2025
|
By:
  • Camila Domonoske
The logo of the big data analytics software company Palantir Technologies on display during the World Economic Forum (WEF) annual meeting in Davos, on Jan. 23, 2025.

Tagged as: 

  • Technology

Former Palantir workers condemn company's work with Trump administration

In a rare rebuke, more than a dozen former workers of the powerful data-mining and surveillance company say the firm's work with the Trump administration violates the company's founding principles.

May 06, 2025
|
By:
  • Bobby Allyn
Percival Everett has won the Pulitzer Prize for fiction for his novel <em>James.</em>

Tagged as: 

  • Arts & Life

'James' wins 2025 Pulitzer Prize for fiction

The 2025 Pulitzer Prizes were announced Monday afternoon. Percival Everett won the award for fiction for his novel James, a powerful re-imagination of Huckleberry Finn.

May 06, 2025
|
By:
  • Juliana Kim and
  • Andrew Limbong
The Hollywood sign in January 2024. Production in Hollywood has been declining.

Tagged as: 

  • Business

Trump's plan for movie tariffs leads to global confusion

Production in Hollywood has been suffering. But it's unclear how a 100% tariff on movies produced outside the United States would work – or who it would help.

May 05, 2025
|
By:
  • Mandalit del Barco
A See's Candies worker restocks the display next to a cutout of Warren Buffett at the Berkshire Hathaway shareholders meeting exhibit hall Friday, May 2, 2025 in Omaha, Neb. (AP Photo/Josh Funk)

Tagged as: 

  • Business

Warren Buffett announces his retirement and warns the trade war will hurt America

The billionaire investor, now 94, also said he would be resigning as CEO at the end of the year. He spoke at Berkshire Hathaway's annual shareholder meeting known as "Woodstock for Capitalists."

May 05, 2025
|
By:
  • Maria Aspan
Samples of insects that agricultural specialists look for when inspecting flowers for harmful pests are seen at Miami International Airport in Miami, Florida, on February 7, 2024.

Tagged as: 

  • Politics

After paying people to leave, one federal agency is scrambling to fill positions

USDA's Animal and Plant Health Inspection Service has opened up 73 jobs to internal candidates. They include roles just vacated by people who are receiving full pay and benefits through September.

May 05, 2025
|
By:
  • Andrea Hsu
  • Load More

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