Business Update

A Republican measure that would pay essential government employees faltered in the Senate, and the G.O.P. blocked a pair of Democratic bills to pay a broader swath of workers. Source link

The retail chain’s incoming chief executive, who will take over in February, cited “too many layers and overlapping work” in a memo. Source link

The billionaire’s swipes at Sean Duffy are the latest example of his tangling with members of the Trump administration. Source link

He was a watchdog over casinos when they were introduced in New Jersey. He went on to run the nation’s most profitable one, in Connecticut. Source link

The Interior Department also said it would allow a contentious road to be built through the Izembek National Wildlife Refuge in southwestern Alaska. Source link

Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup. Source link

The Trump administration is preparing to file an investigation into China’s compliance with a trade deal signed during President Trump’s first term, raising tensions ahead of a meeting between the countries’ leaders. Source link

The president wants to increase the amount of Argentine beef imports, infuriating cattle country, which is finally profitable after years of struggle. Source link

The Trump administration is preparing to file a trade investigation into China’s compliance with a 2020 trade deal, which could raise tensions ahead of a summit between the country’s leaders. Source link

Changpeng Zhao, the richest man in crypto, admitted to money-laundering violations that allowed terrorists and other criminals to move money on Binance. Source link