Business Update

The reversal risks declawing a century of consumer financial protections and replacing the backbone of bank accounts. Source link

The Treasury secretary has been slow to divest assets, including farmland, that he pledged to shed. Source link

Once on the Forbes 400 list of richest Americans, he donated substantially to the arts, higher education, hospitals and criminal justice reform. Source link

The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle. Source link

Corporate spending on artificial intelligence is surging as executives bank on major efficiency gains. So far, they report little effect to the bottom line. Source link

A new app will focus on super-short TV shows shot for phones, a bit like Quibi, an earlier app aimed at quick content. Source link

The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war. Source link

The Manhattan restaurant drew global praise and skepticism with its climate-minded, all-plant menu. Now its chef wants to be more welcoming — and popular. Source link

President Trump has become the semiconductor sector’s leading decision maker, from new fees on exports to China to a brief demand for a C.E.O.’s firing. Source link