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News Articles: Business

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025.

Tagged as: 

  • Business

Stocks slump yet again as fears grow about tariffs -- and a recession

Investors appear increasingly worried about the impact of tariffs on the U.S. economy.

March 10, 2025
|
By:
  • Maria Aspan
Elon Musk at <em>The New York Times </em>Dealbook conference in November 2023, when he criticized advertisers for boycotting his social media platform, X, after Media Matters and other groups reported on the rise of extremist content on the platform since his 2022 purchase.

Tagged as: 

  • Technology

Media Matters sues Elon Musk's X over 'libel tourism' legal assault

A new suit in an ongoing legal battle between the billionaire and the liberal advocacy group claims Musk's legal attacks are impeding the organization's work.

March 10, 2025
|
By:
  • Bobby Allyn
Hudson's Bay has entered creditor protection, struggling with debt.

Tagged as: 

  • Business

Canada's Hudson's Bay has survived 355 years. Now the store is in crisis

The department store chain, founded in 1670, can't pay its debts and says the pandemic, inflation and now trade tensions have hurt its financial future.

March 10, 2025
|
By:
  • Alina Selyukh
Washington Post columnist Ruth Marcus (in a blue jacket) speaks on stage during a panel at the New Yorker Festival in 2018.

Tagged as: 

  • Media

Top 'Washington Post' columnist resigns, accusing publisher of killing piece

Washington Post columnist Ruth Marcus resigned today, accusing the paper's publisher of killing her piece on owner Jeff Bezos' overhaul of its opinion pages.

March 10, 2025
|
By:
  • David Folkenflik
The booster of SpaceX's mega rocket Starship is recaptured during a test flight from Starbase in Boca Chica, Texas, on Thursday.

Tagged as: 

  • Space

Failure is an option. Here's why some new space ventures go sideways

Within the span of a few days, another SpaceX Starship broke up on re-entry, and two other space companies faced failures. This reflects a new "fail-fast, learn-fast" ethos of spacecraft development.

March 10, 2025
|
By:
  • Scott Neuman
Kari Lake, U.S. President Donald Trump's choice to lead Voice of America, is shown speaking at the Conservative Political Action Conference (CPAC) at the Gaylord National Resort Hotel And Convention Center on Feb. 21, 2025 in Oxon Hill, Maryland.

Tagged as: 

  • Media

A bane for tyrants abroad, U.S.-funded networks fear fate under Kari Lake

U.S.-funded international networks reach more than 420 million people in more than 100 countries each week. Some network leaders fear that Kari Lake intends to cancel all funding for them.

March 10, 2025
|
By:
  • David Folkenflik
First responders work the scene after a plane crashed in the parking lot of a retirement community in Manheim Township, Pa. on Sunday.

Tagged as: 

  • National

A single-engine plane crashes near a Pennsylvania airport, injuring 5 passengers

The crash happened around 3 p.m. Sunday just south of Lancaster Airport in Manheim Township. All five victims were taken to hospitals. Nobody on the ground was hurt.

March 10, 2025
|
By:
  • The Associated Press
People queue in long lines in departure hall C at Rhine-Main Airport, Frankfurt, Germany on Sunday, a day ahead of a planned strike across Germany amid new contract negotiations.

Tagged as: 

  • Europe

Surprise strike at Germany's Hamburg Airport affects more than 40,000 passengers

The walkout, which reportedly took place with only about a half-hour advance notice, came before a broader series of preannounced strikes across 13 airports in Germany on Monday.

March 10, 2025
|
By:
  • The Associated Press
The Maryland State Capitol building is seen in Annapolis. Maryland is among the states suing the Trump administration for the mass firing of federal employees.

Tagged as: 

  • Politics

States sue Trump administration over mass firings of federal employees

The District of Columbia, Maryland and 18 other states have filed a lawsuit in federal court seeking the reinstatement of tens of thousands of federal employees fired since mid-February.

March 08, 2025
|
By:
  • Andrea Hsu
U.S. employers continued to add jobs last month, but layoff notices have also increased to their highest level since the early months of the COVID-19 pandemic.

Tagged as: 

  • Economy

The job market is still pretty solid — but there are warning signs ahead

U.S. employers added 151,000 jobs in February, while the unemployment rate inched up to 4.1% from 4.0% in January.

March 07, 2025
|
By:
  • Scott Horsley
Visitors look over a 2024 Cybertruck in the Tesla display at the Electrify Expo, last July.

Tagged as: 

  • Politics

Top Democrats ask Rubio for answers on now-canceled $400 million Tesla plan

A letter from two House Democrats presses Rubio for details about who approved an effort to try to use hundreds of millions of dollars of taxpayer money on armored electric vehicles from Tesla.

March 07, 2025
|
By:
  • Bobby Allyn
Elon Musk delivers remarks during a Cabinet meeting held by President Trump at the White House on Feb. 26.

Tagged as: 

  • Business

Why is Elon Musk so obsessed with 'ghost employees'?

When Musk took over Twitter, he launched a payroll audit to root out dead workers getting paid. Now, Musk is launching the same campaign across the federal government.

March 07, 2025
|
By:
  • Bobby Allyn
President Trump embraced cryptocurrency during his campaign, including during this visit to a cryptocurrency-themed bar called Pubkey in New York City on Sept. 18.

Tagged as: 

  • Politics

Trump is set to speak to crypto founders and investors at the White House on Friday

President Trump signed an order late Thursday creating a cryptocurrency strategic reserve using bitcoin seized through court proceedings, directing officials to find "budget-neutral" ways to grow it.

March 07, 2025
|
By:
  • Deepa Shivaram
Mental health professionals at the Veterans Health Administration say the stress caused by the Trump administration's actions is negatively impacting patient care.

Tagged as: 

  • Politics

Why VA mental health workers feel Elon Musk's emails are psychological warfare

Mental health professionals with the Veterans Health Administration say the stress caused by Elon Musk's "What did you do last week?" emails is hurting veterans' care.

March 07, 2025
|
By:
  • Andrea Hsu
Shipping containers sit at the Port of Houston in Texas last month. A raft of new tariffs on imports from China, Canada and Mexico has companies and consumers scrambling.

Tagged as: 

  • Business

A look at some of the creative ways companies try to dodge high tariffs

Companies can try to avoid or minimize tariffs by requesting exemptions or legally reclassifying their products. Here's a look at some of the strategies that have worked in the past.

March 07, 2025
|
By:
  • Rachel Treisman
  • Load More

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