Business Update

The show’s producer, Jonathan Nolan, has put himself at the forefront of Hollywood’s push to get California to approve $750 million in tax rebates. Source link

Chinese government data released on Friday offered a peek into how the trade war is already reordering the flow of goods around the world. Exports from China jumped last month, driven by trade to other countries in Southeast Asia, even as President Trump’s tariffs on Chinese goods forced a sharp slowdown in shipments to the…

In the sprawling flatlands of Denmark’s Jutland peninsula, near the small town of Give, a family-owned company called Welcon has been gearing up to build giant, cylindrical wind turbine towers for a multibillion-dollar project. The project, a wind farm called Empire Wind, is being built by the Norwegian energy giant Equinor in the waters off…

Beneath the grand chandeliers of the International Ballroom at the Beverly Hilton Hotel, at rooftop bars and at private parties at billionaires’ mansions, there was a mix of emotions among the financial titans gathered in Los Angeles this week. Many of the thousands of attendees at the Milken Institute Global Conference — a who’s who…

More than 20 times during a roughly 45-minute news conference on Wednesday, Jerome H. Powell, the chair of the Federal Reserve, referenced the idea of waiting to see how President Trump’s policies would ripple through the economy before taking any action on interest rates. Mr. Powell, who spoke after the Fed opted to extend a…

The United States and Britain announced on Thursday that they had reached a deal that would reduce tariffs on some imports, such as steel, cars and ethanol, and deepen the economic relationship between the two countries. There was plenty of mutual congratulating between President Trump in the Oval Office and Keir Starmer, the British prime…

A prominent Silicon Valley investor is in a bitter dispute with his former employer, one of the world’s largest asset managers, accusing it of fraud and attempted bribery. In a lawsuit filed on Thursday in California, Josh Raffaelli, who until late last year was a fund manager at Brookfield Asset Management, said the company had…

President Trump announced on Thursday that the United States intended to sign a trade deal with Britain that would bring the two nations closer and roll back some of the punishing tariffs he issued on that country’s products. Both sides consider a trade pact deeply beneficial, and a deal has been under discussion since Mr….

Kenneth Walker, an Emmy Award-winning journalist whose reporting for the ABC News program “Nightline” helped bring the brutality of South Africa’s racist apartheid system to the attention of the American public, propelling it onto the agenda of U.S. policymakers, died on April 11 in Washington. He was 73. His cousin and executor, Jeff Brown, said…

A first-of-its-kind bill to regulate parts of the cryptocurrency industry stalled in the Senate on Thursday, after Democrats blocked it amid concerns in their party about how President Trump and his family are profiting from crypto. On a vote of 48 to 49, the measure failed to muster the 60 votes necessary to advance. It…