The strategy is an old one for Republicans: Cut taxes for a few years, avoiding the need to account for their cost over the long term, and bet that the reductions become popular enough that Congress will later vote to continue them. The tax bill that Republicans are now putting together on Capitol Hill takes…
Newark Liberty International Airport has faced many disruptions in recent weeks. Technology outages, air traffic controller shortages and runway construction at the busy hub have led to scores of canceled and delayed flights. The Federal Aviation Administration says it’s trying to improve the situation, including with software and hardware upgrades. On Wednesday, it met with…
Over the blitz of a whirring blender, Emilio Pérez, a chef and partner at Casa Jacaranda cooking school in Mexico City, yelled, “Check this out guys, come here.” Standing in front of a burner, he incinerated a tortilla, its charred remains bound for mole sauce, before directing our attention to the blender to taste the…
It’s not Max. It’s HBO Max — again. In a surprise pivot, Warner Bros. Discovery executives announced Wednesday morning that the streaming service Max would be renamed HBO Max, reinstating the app’s old name and abandoning a contentious change that the company introduced two years ago. The reason for the change, executives explained, was straightforward….
Sales of electric vehicles have been rising in recent years, partly because of a $7,500 tax credit from the federal government that helps lower the cost of buying one. But a budget bill that House Republicans released on Monday would end that tax credit. Their proposal would also put new restrictions on other tax breaks…
“A lot of checks” Business leaders who had high hopes for the second Trump administration hadn’t signed up for the turmoil of his trade war. President Trump’s deals-focused visit to Saudi Arabia is more of what they had in mind. Leaving aside questions of how many of the multibillion-dollar agreements the administration announced on Tuesday…
The chief executive of UnitedHealth Group, Andrew Witty, stepped down from his post for “personal reasons,” the company said in a statement on Tuesday. The company also scrapped its financial forecast for this year because of higher than expected medical costs, saying only that it expected the company to “return to growth in 2026.” After…
Before the sun could rise over Los Angeles International Airport on a recent Tuesday, hundreds of Uber and Lyft drivers had formed a queue nearby, stretching around the block. It was 5 a.m., and the waiting game was about to begin. In a few minutes, the line of cars would file into a fenced-off parking…
Earlier this month, President Trump closed a longstanding loophole that had allowed a flood of inexpensive Chinese goods to be mailed to the United States without any tariffs. Starting on May 2, those packages faced a tariff of 120 percent or a $100 flat fee. After the United States and China agreed this week to…
Help Wanted. Looking for American researchers. As President Trump cuts billions of federal dollars from science institutes and universities, restricts what can be studied and pushes out immigrants, rival nations are hoping to pick up talent that has been cast aside or become disenchanted. For decades, trying to compete with American institutions and companies has…
