The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility. Source link
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops. Source link
The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year. Source link
The investment firm Andreessen Horowitz is moving its incorporation out of the First State, and urging others to follow, as backlash to its courts grows. Source link
Makers of the most advanced artificial intelligence systems will face new obligations for transparency, copyright protection and public safety. The rules are voluntary to start. Source link
The fertile valley feeds the world. President Trump has thrown farmers and farmworkers there into turmoil, but recently offered them a glimmer of hope. Source link
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company. Source link
An American obsession is attracting investments in baseball fields, volleyball courts and football camps, intensifying the gap between families with means and those without. Source link
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward. Source link
Slight changes to the big policy bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles. Source link
