Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, is set to be questioned by the Senate in a nomination hearing Wednesday.
Author: indiangagets
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Frontier Airlines Offers to Buy Spirit Airlines, Again
Spirit, which filed for bankruptcy protection in November, called off a deal with Frontier in 2022 after receiving a higher bid from JetBlue that was ultimately thwarted by a federal judge.
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U.K. Government Backs Heathrow Expansion in Push for Faster Growth
The country’s top finance official supported adding a third runway to the London hub, a decision that has been held up for decades, and other measures intended to strengthen economic growth.
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Trump Is Eyeing Greenland. His Commerce Nominee Has Financial Ties There.
Howard Lutnick, who has agreed to divest his financial interests if he is confirmed, is one of several allies of President Trump who have held or explored potential mining investments on the island.
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DeepSeek Shows Meta’s A.I. Strategy Is Working
The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that bet is having an impact.
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After DeepSeek, Venture Capital Investors Face Questions About Their A.I. Bets
Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.
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Sundance Made Park City the It Town. Now, It’s Moving.
After holding the event for 40 years in the Utah ski town, organizers plan to take it elsewhere starting in 2027.
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What to Watch at the Federal Reserve’s First Meeting of 2025
The U.S. central bank is expected to hold interest rates steady as officials weigh a solid economy and rising inflation risks.
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Leaving the W.H.O. Could Hurt Americans on a Range of Health Matters
President Trump’s decision to pull out of the international health agency could deprive the United States of crucial scientific data and lessen the country’s influence in setting a global health agenda.
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Starbucks Reports Weak Earnings as It Tries to Woo Back Customers
Traffic is down, but improving. “Much of our work is just beginning,” said Brian Niccol, the chief executive.