Business Update

Iranian strikes and a blockade have paralyzed Qatar’s gas engine, creating a technical bottleneck likely to stall exports for years. Source link

The former reality-TV star has shaken up the Los Angeles mayoral race, gaining support from deep-pocketed donors like the financier Daniel S. Loeb. Source link

Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans. Source link

The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case. Source link

In a dispute over vapes, the president sided with tobacco companies that filled his groups’ coffers over his own F.D.A. commissioner, who resigned in protest. Source link

As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates. Source link

New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad. Source link

In a letter to President Trump, the spokesman, Rich Danker, said allowing the sale of flavored e-cigarettes would enhance their appeal to children. Source link

The president’s middle son is said to be joining his father in a “personal capacity” rather than to make business deals. Source link

Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program. Source link