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Six years ago, the upstart razor company Harry’s looked set for the next growth stage: being sold to Edgewell, the parent company of the Schick and Wilkinson Sword brands, for $1.37 billion. That deal was eventually blocked on antitrust grounds, leaving the company’s fate unclear. Now Harry’s is laying out new plans for the future. … Read more

Robert W. McChesney, an influential left-leaning media critic who argued that corporate ownership was bad for American journalism and that Silicon Valley billionaires who dominated online information were a threat to democracy, died on March 25, at his home in Madison, Wis. He was 72. The cause was glioblastoma, an aggressive brain cancer, his wife, … Read more

It was much worse than expected. President Trump’s attempt to reverse the rules of global trade through sweeping tariffs against dozens of nations, including major partners like the European Union, Japan and China, has caused a meltdown in global markets and sent corporate boardrooms scrambling. Today, 10 percent tariffs go into effect on all of … Read more

Of all the countries that expected to be immune to President Trump’s tariffs, Switzerland was at the top of the list. The tiny Alpine nation, famous for its political neutrality, fine chocolates and precision watches, had eliminated industrial tariffs recently on all imports, including American goods. It has kept the European Union at arm’s length … Read more

When President Trump announced sweeping tariffs this week, some of the biggest tech companies had obvious reasons for worry. Apple, Dell, Oracle, Hewlett-Packard — which rely on hardware and global supply chains that are in the direct line of fire from tariffs — saw their shares go into free-fall. But there was another big tech … Read more

Oil prices continued to fall on Friday, extending Thursday’s sharp drop. Brent crude, the international benchmark, traded at its lowest level in more than three years, below $65 a barrel, a fall of almost 8 percent. Fears that President Trump’s tariffs could slash global economic growth — and demand for oil as a result — … Read more

John Thornton, a financier who leveraged his wealth and influence to embark on the seemingly quixotic mission of reviving local journalism in a time of crisis, by founding The Texas Tribune, a seminal regional nonprofit news organization, and the American Journalism Project, which supports local digital newsrooms around the country, died on Saturday in Austin, … Read more

European Union regulators are preparing major penalties against Elon Musk’s social media platform X for breaking a landmark law to combat illicit content and disinformation, said four people with knowledge of the plans, a move that is likely to ratchet up tensions with the United States by targeting one of President Trump’s closest advisers. The … Read more

Eight members of the OPEC Plus oil cartel, led by Saudi Arabia, said Thursday that they would accelerate their previously planned schedule to gradually add about 2.2 million barrels a day to the oil market. The producers, including Russia, will add a combined 411,000 barrels a day in May, equivalent to three monthly increases, they … Read more