Business Update

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill. Source link

A book the CNN host co-wrote has received positive reviews and appears to be a sales hit. But it has also generated intense scrutiny of him and his work. Source link

After years in limbo, the British newspaper is set to be bought by RedBird Capital, an American investment firm with many sports, media and entertainment holdings. Source link

The consultant had deleted records involving McKinsey’s role in pushing OxyContin sales and driving the opioid crisis. Source link

Top economic officials avoided a condemnation of U.S. tariffs but committed to trying to reduce “economic policy uncertainty.” Source link

The New York Times is looking to talk to business owners and employees who have seen evidence of tariff dodging or customs fraud. Source link

The findings appeared to inch the government closer to a constitutional showdown, as President Trump increasingly looks to claim expansive powers over the nation’s purse strings. Source link

The sale of access to the president to investors in his memecoin has been assailed by Democrats and even some Republicans as unethical. Source link

Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for the continent’s auto market. Source link

Republicans brought the president’s tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs. Source link