Trump’s Middle East Envoy Has Prior Ties to Oil-Rich Nations There
Steve Witkoff’s involvement with two sovereign wealth funds as he bought and then sold Manhattan’s Park Lane Hotel…
Business
Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow…
Regulator Sues Anti-Police Activist Who Spent Charity Funds on Himself
Brandon Anderson, who used his nonprofit’s accounts to rent mansions and buy luxury clothes, was featured in a…
Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the…
Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from…
The Markets Cheer Trump’s Treasury Pick, Scott Bessent
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic…
How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans…
DHL Cargo Plane Crashes Near Airport in Lithuania, Killing 1
The crash near Vilnius Airport sparked a fire in a residential area, officials said. One person on board…
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military…
Without Drama or Banana, Art Auctions Struggle
Beyond the headline-grabbing sales of the fall auction season, the market tries to soar beyond its two-year slump.