Business News
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Trump gives drugmakers 30-day ultimatum: ‘We’re going to pay what Europe pays’
President Donald Trump on Monday signed a sweeping executive order setting a 30-day deadline for drugmakers to electively lower the cost of…
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Fox to launch new streaming service ‘Fox One’ before NFL season
Fox Corp. is planning to launch a new streaming service combining its news, sports and entertainment content before the NFL…
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Pirating games on your Nintendo Switch? Nintendo can render the system useless.
Nintendo has warned software pirates it could remotely disable their Switch. The policy change was included in a recent User…
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Bill Gates says businesses need to understand the politics for the next 20 years, not just the next two days
Bill Gates expressed concern that President Trump’s tariff policies are creating economic uncertainty, discouraging long-term business investments and compounding instability…
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Stocks rally on China tariff deal, surging over 1,000 points at open
Stocks surged in early trading Monday. The jump, which saw the Dow climb over 1,000 points, came after the U.S.…
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Nissan plans to slash 10,000 more jobs as it struggles with China EV competition and Trump’s trade war
Nissan plans to cut 10,000 more jobs worldwide, Japanese media reported on Monday, a day before the struggling carmaker was…
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The new CFO of eBay left 20 years ago. Now she’s ‘boomeranged’ back to return it to its roots—and invest in AI
Good morning. Ben Weiss here filling in for Sheryl. “I am a bit of a boomerang,” Peggy Alford told Fortune. In…
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U.S.-China deal signals Trump’s team wants deescalation, leaving analysts wondering if this is a clean-up operation or longer term strategy
The U.S. and China have agreed to a 90-day pause in escalating tariffs. By reducing rates by 115%, they offer…
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U.S. drops China tariffs to 30% after ‘constructive’ talks, rolling back much of Trump’s trade war threats
Stock markets jumped Monday as the U.S. and China promised to de-escalate a budding trade war, scaling back tariffs that…
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House GOP aims to cut $880 billion mostly from Medicaid in move that could leave 8.6 million without healthcare
House Republicans unveiled the cost-saving centerpiece of President Donald Trump’s “ big, beautiful bill ” late Sunday, at least $880 billion in cuts largely…
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