Business

Latest stories in this section, ordered by the original publication time from each source.

NYT

What to Watch at Trump and Xi’s U.S.-China Summit

Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders.

ET

FinMin departs for China to attend Pakistan’s inaugural Panda Bond issuance ceremony

Ceremony marks Pakistan’s first-ever Panda Bond issuance, giving access to China’s capital market, ministry says

ET

Oil edges up as investors focus on Trump-Xi meeting in Beijing

Brent crude futures were up 26 cents, or 0.25%, to $105.89 a barrel

FOX

Cisco to cut thousands of jobs as AI push accelerates after earnings beat

Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.

FOX

Florida bans sloth imports after dozens of animals die at planned Orlando attraction

Florida wildlife officials temporarily ban sloth imports after fatal infections killed dozens of animals at a now-closed planned Orlando attraction, Sloth World.

NYT

A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public

Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.

NYT

Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.

One of the settlement terms under review is for the I.R.S. to drop any audits of the president, his family members and businesses.

NYT

Trump’s Shrinking Ambitions on China

The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.

BBC

Big tech bets on new mascots in bid to seem more cuddly

The likes of Apple, Microsoft and Google are all putting cartoon characters centre stage.

BBC

Why big tech is betting on cute mascots

The likes of Apple, Microsoft and Google are all putting cartoon characters centre stage.

BBC

Warning higher Europe air fares 'inevitable' due to Iran war

Flying by air will get more expensive as oil prices remain high, says international industry body boss.

BBC

Higher Europe air fares 'inevitable', says industry head

Flying by air will get more expensive as oil prices remain high after the US and Israel's conflict with Iran.

GDN

Housing market in England and Wales weakening due to Iran war, say estate agents

Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on propertiesFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.Demand from poten...

NYT

Trump Administration Will Withhold $1.3 Billion in Medicaid Payments to California

Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program.

FOX

LARRY KUDLOW: Ironically, Trump at Beijing plans the final blows to finish off the scourge of Iran

Inflation is running hot right now because Trump and Netanyahu are working hard to finish off Iran once and for all

FOX

CBO estimates Trump's Golden Dome missile defense system could cost $1.2T over 20 years

The CBO estimates Trump's Golden Dome missile defense system would cost about $1.2 trillion over 20 years, with space-based layers the costliest.

FOX

Boeing pursues massive China jet deal as CEO joins Trump's delegation to Beijing

Boeing CEO Kelly Ortberg says a potential deal for hundreds of jets is dependent on Trump-Xi negotiations as corporate leaders travel to China.

FOX

Publix backtracks on open carry after allowing guns in Florida stores

Publix now asks that only law enforcement openly carry guns in its Florida stores, quietly revising its previous policy that allowed customer open carry.

NYT

Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.

Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.

BBC

Trump's Fed chair pick Kevin Warsh confirmed by US Senate

Kevin Warsh was confirmed by the narrowest margin since the role required a Senate confirmation vote.

GDN

US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell

Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower ratesThe US Senate confirmed Kevin Warsh as chair of the Federal Reserve, one of the most powerful roles in the federal government that holds enormous sway over the economy.The 54-45 Senate v...

NYT

Steel Tariffs Are Raising the Price of Canned Foods

The cost to put food in cans remains high because manufacturers must still import steel from overseas. U.S. Steel plans to reopen a tin-plate factory.

NYT

Senate Confirms Kevin Warsh as Fed Chair

President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently.

NYT

Can Three Auction Houses Sell $2.6 Billion Worth of Art in One Week?

Five luxury artworks hold the key to the spring season, one of the most anticipated sales in years. Major buyers are looking past female and younger artists and toward tradition.