Business Update

He made billions selling energy with his Coastal Corporation, courted presidents and dictators, and eventually went to prison for paying kickbacks to the Iraqi government. Source link

Energy costs have become a central issue in the governor’s race between Jack Ciattarelli, the Republican, and Representative Mikie Sherrill, the Democrat. Source link

When a couple alerted Airbnb to a spy cam in an outlet extender, they thought the listing would be yanked and they’d get a full refund. Wrong on both counts. Source link

Some at the central bank don’t feel the need to cut rates further this year; others are worried about the jobs market. That complicates the job of Jay Powell, its chair. Source link

Battered by delays, higher costs and attempts by the Trump administration to block its projects in the United States, the Danish company is retreating to its base in Europe. Source link

The big fund-raising round was the latest sign of investor fervor for artificial intelligence companies despite concerns that the boom is overheated. Source link

John Williams, president of the Federal Reserve Bank of New York, is primarily concerned with weakness in the labor market. Source link

The move is Beijing’s latest attempt to tighten control over global production of the metals, which are essential to the manufacturing of chips. Source link

China’s baby boom enriched a small Irish town where a Nestlé factory made formula for Chinese newborns. Then a baby bust unraveled it all. Or so it seemed. Source link

For a new series, Times journalists are speaking with scientists whose research has ended as a result of policy changes by the Trump administration. Source link