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The Markets Cheer Trump’s Treasury Pick, Scott Bessent

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Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.

Published: 2024-11-25 15:36:21

Stock for Sale by Cabinet Members

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Trump’s picks for Treasury secretary and commerce secretary both lead Wall Street firms. Here’s what that could mean for their finances and businesses.

Published: 2024-11-23 21:29:15

Jeff Bezos, Jay Powell, Serena Williams and More Will Speak at the DealBook Summit

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The conference on Dec. 4 will bring together the biggest names in business, politics and culture.

Published: 2024-10-29 11:47:57

Sign Up for DealBook

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Make sense of the latest business and policy headlines with our daily newsletter.

Published: 2024-11-25 13:04:42

The ‘Rocket Docket’ Judge Who Will Decide the Fate of Google’s Ad Technology

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The ruling by a federal judge, Leonie Brinkema, in an antitrust case over Google’s advertising technology could add to the internet company’s woes.

Published: 2024-11-25 17:55:25

Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany

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The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.

Published: 2024-11-25 15:53:52

Former BP Chief Joins A.I. Data Center Developer

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Bernard Looney will join Prometheus Hyperscale, a Wyoming start-up, to help it address the enormous energy needs of the artificial intelligence industry.

Published: 2024-11-24 16:29:32

Biden’s Chief Economist Processes the Election With ‘Confusion, Guilt’

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Jared Bernstein, the chair of the White House Council of Economic Advisers, was a leading architect of “Bidenomics.”

Published: 2024-11-23 13:00:02

As Threat of Trump Tariffs Looms, Europe’s Leaders Seek Greater Unity

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At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.

Published: 2024-11-23 05:01:56

DirecTV Calls Off Plans to Acquire Dish Network

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The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders.

Published: 2024-11-22 19:08:13

Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis

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The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from President-elect Donald Trump.

Published: 2024-11-22 19:02:06

What Elon Musk Needs From China

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From electric cars to solar panels, Mr. Musk has built businesses in high-tech manufacturing sectors now targeted by Beijing for Chinese dominance.

Published: 2024-11-22 20:41:45

Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties

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Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are reshaping the tech sector.

Published: 2024-11-23 05:29:48

What Bondi Might Do as Attorney General

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Donald Trump’s new pick to lead the Justice Department fought to overturn the Affordable Care Act, and has lobbied for Amazon, Uber and General Motors.

Published: 2024-11-22 12:44:37

Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy

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The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.

Published: 2024-11-21 19:15:49

Dissecting the DOGE Playbook

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Elon Musk and Vivek Ramaswamy have unveiled their first plans to trim government spending, a blueprint that mirrors how the tech mogul cut costs at Twitter.

Published: 2024-11-21 12:53:37

US Proposes Forcing Google to Sell Chrome to Fix Search Monopoly

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In a landmark antitrust case, the government asked a judge to force the company to sell its popular Chrome browser.

Published: 2024-11-21 17:18:30

What to Know About Nvidia’s High-Stakes Earnings Report

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Investors have high hopes for the chipmaker, the world’s most valuable company, which has enormous influence over the stock market.

Published: 2024-11-20 17:39:29

Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow

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The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.

Published: 2024-11-20 18:59:24

Gary Wang, a Top FTX Executive, Is Given No Prison Time

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Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.

Published: 2024-11-20 20:16:38

Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season

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The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.

Published: 2024-11-20 21:06:28

How Howard Lutnick Could Shake Up Global Trade

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President-elect Donald Trump’s pick to run the Commerce Department would have a big say on American industrial policy and tariffs.

Published: 2024-11-20 19:34:22

Hennessy Workers Strike Over Plans to Bottle Cognac in China

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The walkout in France is the latest development in a simmering trade war between Europe and China.

Published: 2024-11-21 09:02:42

How Google Spent 15 Years Concealing Its Internal Conversations

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Trying to avoid antitrust suits, Google systematically told employees to destroy messages, avoid certain words and copy the lawyers as often as possible.

Published: 2024-11-21 22:05:10

Is the Biden Administration Coming for Chrome?

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The Justice Department is reportedly targeting Google’s web browser as its antitrust enforcers seek to cement a major win before Donald Trump takes office.

Published: 2024-11-24 07:37:15

Walmart Stock Rises on Strong Earnings Ahead of Holiday Shopping Season

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The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.

Published: 2024-11-19 17:03:00

Severing of Baltic Sea Cables Was ‘Sabotage,’ Germany Says

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Germany’s defense minister said damage to two fiber-optic cables on the sea floor appeared deliberate, but a culprit was not known.

Published: 2024-11-19 16:34:02

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