Business Update

Even the president appears to be doubting his strategy to win over Beijing, as relations fray between the trading partners. Source link

In the rush to sign players early, some mistakes are made. But as Shai Gilgeous-Alexander reaches basketball’s biggest stage, he is taking his shoe company with him. Source link

Movies that are major downers, it turns out, are a big film festival draw. “Sometimes the world is such that you just need to wallow a little bit.” Source link

President Trump wants to revive factories, using tariffs as a tool. Companies that want to re-shore manufacturing are grappling with how to do it. Source link

The president has ratcheted up the rate on foreign metals to 50 percent, double the previous rate, saying the levies weren’t high enough to help the U.S. industry. Source link

Officials in Europe worried that the app was glamorizing eating disorders. The ban is TikTok’s latest effort to counter criticism about its effect on teen mental health. Source link

The bank is the latest airport lounge operator to erode perks that were once a given. Guests and additional card users will no longer routinely get in for free. Source link

The back-and-forth over a potential Trump cryptocurrency wallet on Tuesday exposed rifts among the family’s web of digital currency ventures. Source link

For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and mistakenly seizing homes. Source link

Instead of battling over tariffs, Washington and Beijing have turned to a potentially far more harmful strategy: flexing their control over global supply chains. Source link