Business

Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Monday, June 30, 2025. Victor J. Blue | Bloomberg | Getty Images Treasury Secretary Scott Bessent recently urged President Donald Trump not to fire Treasury Secretary Jerome Powell, warning of the potential economic, political, and legal consequences of such a move, according to a new …

Experts at OpenAI and Anthropic are calling out Elon Musk and xAI for refusing to publish any safety research — and for potentially not having done any at all. In the wake of Grok, xAI’s chatbot, calling itself “MechaHitler” and publicly spewing a ton of racist and antisemitic vitriol, safety experts at those rival firms are, as flagged by TechCrunch, extremely …

The Trump administration imposed new restrictions Saturday on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico in response to limits the Mexican government placed on passenger and cargo flights into Mexico City several years ago. Transportation Secretary Sean Duffy said Mexico’s actions to force airlines to move out of the main Benito …

Christine Hunsicker, founder and chief executive officer of CaaStle Inc., speaks during the Bloomberg Breakaway CEO Summit in New York, U.S., on Tuesday, June 18, 2019. Mark Kauzlarich | Bloomberg | Getty Images A prominent entrepreneur who founded the now-bankrupt clothing technology startup CaaStle was criminally charged on Friday with defrauding investors out of more than $300 million, the U.S. Department of …

Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell  The Wall Street Journal Why the Federal Reserve’s Building Renovation Costs $2.5 Billion  Bloomberg.com Trump appointees pushed more marble in Fed building renovation White House now attacks  AP News Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell  CNBC Powell defends $2.5 billion Fed …

The Trump administration imposed new restrictions Saturday on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico in response to limits the Mexican government placed on passenger and cargo flights into Mexico City several years ago. Transportation Secretary Sean Duffy said Mexico’s actions to force airlines to move out of the main Benito …

Tesla Just Lost Another Sales Exec. How Should You Play TSLA Stock Now Before July 23?  Barchart.com Exclusive-Tesla IT exec with no traditional car-sales experience is running sales, sources say  Yahoo Finance Exclusive | Tesla’s Top North American Sales Executive Leaves Amid Slump  The Wall Street Journal Tesla (TSLA) Executive with No Sales Background Takes Over Sales Team  TipRanks Top Execs Fleeing Tesla as …

United Airlines is doubling down on premium economy Over the coming years, travelers can expect to see the Chicago-based carrier’s Premium Plus cabin expand, with more seats. And more redemption opportunities. Like its top U.S. competitors, United plans to keep adding more high-end seats to its planes, from its Polaris suites to its domestic first-class recliners — not to mention …

The founder of CaaStle, a clothing technology business, was accused of defrauding investors out of $300 million, officials with the U.S. Attorney’s Office in the Southern District of New York said. Christine Hunsicker, 48, of Lafayette is charged with two counts of securities fraud, one count of money laundering, one count of making false statements to a financial institution and …