At least 44 of the government contracts canceled on the orders of Elon Musk’s cost-cutting initiative have been resurrected by federal agencies, wiping out more than $220 million of his group’s purported savings, according to a New York Times analysis of federal spending data. But Mr. Musk’s group continues to list 43 of those contracts…
President Trump suggested on Friday that he was open to sharply reducing the tariffs that the United States had imposed on China, as American and Chinese negotiators prepare to meet in Switzerland this weekend for high-stakes trade talks. Trade tensions between the United States and China have roiled international markets and the global economy. The…
Gerhard Randers-Pehrson, an 81-year-old resident of Ossining, N.Y., believes the $10,000 cap should go up — but not too much. While Mr. Randers-Pehrson, a retired research scientist, said he paid $16,000 in state and local taxes last year, he does not expect to personally benefit from a higher cap. He would take the standard deduction…
Robert A.G. Monks, a lawyer and businessman from a prominent Massachusetts family who unsuccessfully ran for the U.S. Senate three times but found a calling in his 40s as an influential defender of shareholder rights, died on April 29 at his home in Cape Elizabeth, Maine. He was 91. The cause was pancreatic cancer, which…
An air traffic control facility that guides planes at Newark Liberty International Airport suffered a brief radar outage on Friday morning, the latest technological disruption at one of the nation’s busiest airports. The Federal Aviation Administration said that the outage, which affected communications and radar displays at the facility in Philadelphia, occurred just before 4…
Randy Carr watched the news on his laptop the way you look at a doctor about to administer a shot — nervously and braced for pain. It was April 2, and President Trump was in the Rose Garden about to unveil new tariffs. An upbeat, slightly jacked 52-year-old, Mr. Carr is the chief executive of…
The Trump administration is working to bring the first group of white South Africans it has classified as refugees to the United States early next week, according to officials briefed on the plans and documents obtained by The New York Times. Although the president halted virtually all other refugee admissions shortly after he took office…
On a frigid day in early January, as she worked in her office in the Boston suburb of Billerica, Mass., Siyu Huang received a two-word text message. “Spinning wheels,” it said. Attached was a short video clip showing a car on rollers in an indoor testing center. To the untrained eye there was nothing remarkable…
At a pharmaceutical factory in Chengdu, China, an order that Thomas Leung placed from Manhattan in January is sitting on hold. The shipment includes a variety of concentrated herbal granules used in traditional Chinese medicine. There’s dang gui, also known as angelica root, which is used to treat gynecological ailments; chai hu, or bupleurum root,…
Japanese tech giant Panasonic is planning to pare troubled business lines and its work force by thousands as it aims to reorient itself for a technological era no longer dominated by its traditional electronics. In a statement on Friday, Panasonic said that it would cut about 10,000 jobs globally, primarily within the fiscal year that…
