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Richard Beattie, a mergers lawyer who helped pioneer private equity takeovers — work that was immortalized in the much-lauded book “Barbarians at the Gate” — and who served in Washington and New York City government, died on Friday at his home in Manhattan. He was 86. His daughter Lisa Beattie Frelinghuysen said the cause was…
Last Thursday, Clare Conroy turned on her window air-conditioner for its inaugural run of the season. A few hours later, she learned that her appliance, a U-shaped Midea unit that has exploded in popularity since it was introduced in 2020, had been recalled over a potential mold risk. The window units, which are gracefully rounded,…
Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized. Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You…
Amy was a senior designer at “Glow Design,” a pseudonym for a globally admired design consultancy known for its strong culture of collaboration. When we first met Amy, she was a vocal champion of the firm’s helping ethos. Eighteen months later, she was in tears—overwhelmed, unsupported, and considering quitting. What went wrong?
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Elon Musk said in a social media post early Wednesday that he regretted some of his posts and comments about President Trump last week, which had led the president to disparage Mr. Musk. Mr. Musk said on his X platform that some of his posts about Mr. Trump “went too far.” Mr. Musk, the world’s…
The United States and China agreed to roll back some of the punitive measures they had taken against each other’s economies and return to a trade truce reached in May, officials from both countries said on Tuesday. After two days of marathon negotiations in London, top economic officials from the United States and China are…