Business Update

General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand. Source link

Polymarket users bet on whether the U.S. would invade Venezuela, but the prediction market said Venezuelan president’s capture did not constitute an invasion. Source link

The request by a group of Congress members cites reporting by The Times and echoes a similar request by Democratic senators in September. Source link

President Trump appears committed to laying claim to Venezuelan oil for a long time. But there are plenty of reasons for U.S. businesses to be wary. Source link

The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on foreign imports. Source link

Specialists have left the I.R.S. and audits have been abandoned since the president returned to office. Source link

Regulators said they will look at whether the deal for Manus, a Singapore start-up with Chinese roots, complied with China’s export and investment rules. Source link

This year, for the first time, more Americans will earn a minimum wage of $15 per hour or higher than will earn the federal minimum of $7.25 per hour. Source link

A friendly summit at New York’s City Hall with digital content creators and social media stars symbolized the new mayor’s attitude toward the changing news media. Source link

He helped build the ad agency BBDO International into a powerhouse before channeling his passion for opera into managing the Met and revitalizing Lincoln Center. Source link