Business Update

The crackdown, ordered by the prime minister, added to the controversy over the Chinese fast-fashion retailer as it opened its first store in Paris amid chaotic scenes. Source link

The Supreme Court is considering whether the president acted legally when he used a 1977 emergency statute to impose tariffs on scores of countries. Source link

Anti-hunger groups and state officials have warned that the administration’s plans to make partial payments are onerous and could still result in severe harm. Source link

The groups challenging the president’s tariffs assert that the measures overstep the principle that Congress cannot cede its legislative powers to other branches of government. Source link

Neal Katyal, who has argued over 50 cases before the court, represents a group of businesses. Benjamin Gutman, Oregon’s solicitor general, represents a coalition of states and is making his first appearance. Source link

Democrats won big nationwide. But Zohran Mamdani’s victory raises questions about whether Democrats and voters are embracing populism. Source link

The Times now has 12.33 million total subscribers to all of its products. It has said it is aiming for 15 million by the end of 2027. Source link

Many financiers are vowing to play nice with Zohran Mamdani, but some are already thinking about how they will blunt the mayor-elect’s most liberal initiatives. Source link

President Trump and administration officials indicated the fallout could intensify in the coming days, even as he has kept himself at a remove from the crisis. Source link

The measure, known as Proposition 50, is an attempt to counter a push in Republican-led states to redraw congressional districts. Source link