The Biggest U.S. Oil Companies Are Eliminating Thousands of Jobs
ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent. Source link
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Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars. Source link
Did Google Just Get Spared? Investors Think So.
The nuclear option for addressing the tech giant’s search dominance — a break-up — is off the table. That’s lifting Big Tech stocks. Source link
Suntory Boss Resigns After Buying Supplement That May Be Illegal in Japan
Takeshi Niinami has stepped down from his post following a police investigation, underscoring Japan’s zero-tolerance drug policies. Source link
Cook’s Lawyers Fire Back at Trump’s Claim of Vast Powers to Oust Fed Officials
Lisa Cook is seeking a swift ruling on her ability to remain on the Federal Reserve’s Board of Governors as the case is litigated. Source link
Mark Knoller, ‘the Savant of 1600 Pennsylvania Avenue,’ Dies at 73
As White House correspondent for CBS News Radio, he kept meticulous records of presidential activities, from vacation days to teleprompter use. Source link
Stephen Muss, Developer Who Helped Revive Miami Beach, Dies at 97
The scion of a New York family of builders, he rescued the Fontainebleau hotel from bankruptcy, spurring a real estate boom. Source link
A C.E.O. Stirred Anger at the U.S. Open. Another Man Bore the Internet’s Wrath.
The chief executive of the Polish company Drogbruk was captured on video snatching a hat in front of a child. The head of Drog-Bruk, a different firm, is getting attacked. Source link
After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs
The president and his advisers have suggested they will fight a federal appeals court’s ruling that found many of the administration’s tariffs to be illegal. Source link
Kraft Heinz to Split Into Two Businesses
Food companies are coming under pressure for growth as the maker of Velveeta breaks up and an activist investor takes a stake in PepsiCo. Source link