business

President Trump’s plan to sell green cards for $5 million each, a program he is calling a “gold card,” has largely been met with a shrug. It’s not clear exactly how the program would work, if it’s legal or how many potential immigrants would really pay $5 million for a path to U.S. citizenship. But … Read more

Federal officials declared that so-called memecoins would not be subject to strict oversight. A series of investigations into major cryptocurrency firms were halted. And the Securities and Exchange Commission agreed to pause a fraud case against a top crypto entrepreneur. Just over a month since President Trump’s inauguration, U.S. regulators have almost entirely dismantled a … Read more

Shares of Tesla had been on a tear since Donald J. Trump won the presidential election. Investors were betting that the carmaker would benefit from the more than $250 million that its chief executive, Elon Musk, spent to support the Trump campaign. But an 8 percent decline in Tesla’s stock on Tuesday all but wiped … Read more

Just a few minutes’ walk from a metro station in the northeast corner of Vienna, you might think that you were in Texas: A drilling rig more than 130 feet high looms over open land. Instead of oil, though, the wells will pump close to 1.7 million gallons a day of hot water from deep … Read more

Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about a traditionally staid investment: Treasury bills. The cash stockpile held by Berkshire Hathaway, his sprawling multinational conglomerate, rose past $334 billion at the end of last year, including $286 billion in short-term Treasuries. The … Read more

We’re taking a look at President Trump’s plans to consolidate control over many of the agencies that oversee business, including the S.E.C., the Federal Trade Commission, the Federal Communications Commission and the National Labor Relations Board. For years, industry has complained about the alphabet soup of agencies, which often compete with one another. Some officials … Read more

And while the two were both politically conservative, Welch was more of a country-club Republican, partial to golf and no fan — at least earlier on — of Donald Trump. While a savvy political operator, Welch was unlikely to have decamped to Mar-a-Lago to personally and intensely cozy up to the president-elect, as Musk did. … Read more

Airbus, the world’s largest commercial airplane maker, said on Thursday that it was preparing for the possibility of new U.S. tariffs and would be able to “adapt accordingly,” including passing on higher costs to its American airline customers. In a wide-ranging media conference at Airbus’s headquarters in Toulouse, France, the company’s chief executive, Guillaume Faury, … Read more

The Federal Reserve’s independence from the White House has long been enshrined in the law. But an executive order that President Trump signed this week seeking to extend his administration’s reach over independent agencies is prompting concerns about how much further he will go to challenge that separation. Mr. Trump’s directive took aim at regulatory … Read more