Corporate income tax collections are near a 75-year low, as a share of the economy, after a new law reduced rates and allowed companies to deduct investments immediately.
The social network said that advertising and user growth slowed in the second quarter, and that efforts to improve privacy would stunt profits further. Its stock price tumbled.
The transaction failed after a series of trade moves by the Trump administration, including tariffs on numerous Chinese goods, and retaliatory measures from China.
Our columnist Andrew Ross Sorkin and his Times colleagues help you make sense of major business and policy headlines — and the power-brokers who shape them.
China is getting richer, and its economy is going higher-end. But the online bazaar Pinduoduo has found that plenty of people still love cheap stuff.
Big tech companies are asking themselves where their responsibilities start and stop. Sorting that out will be complicated and may end up increasing their power.
Sarah Huckabee Sanders and Bill Shine scolded Kaitlan Collins after she asked President Trump about Michael Cohen during an Oval Office photo-op.
Smartphone video, now used to document abuses across the globe, has been crucial in telling the outside world about Syria’s war, says Anne Barnard, Beirut bureau chief for The Times.
General Motors cited commodity prices, a sign that tariffs may be starting to hurt production. Ford and Fiat Chrysler pointed to weakness in China.
The autonomous vehicle company spun off from Google is offering people in the Phoenix area rides for running errands.
21st Century Fox and Disney shareholders will meet on Friday to vote on a merger agreement. But the men who struck the deal will send lieutenants in their place.
Mr. Marchionne, who merged the two carmakers, pulling them back from the brink of collapse, led the combined Fiat Chrysler until just a few days ago.
For a moment it seemed like the world’s biggest social network had established a beachhead in the world’s largest internet market. But only for a moment.
Offering farmers handouts to ease the sting of tariffs could easily end up with calls for bailouts across much of the American economy.