Business

The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move will help U.S. manufacturers that have struggled to compete with a wave of low-cost Chinese products, but it has already resulted in higher prices for Americans who shop online. The…

As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online retailer. First, the e-commerce company was entangled in the fleeting spat Tuesday with the White House over a faulty report that Amazon was going to show shoppers the costs of…

China said it is evaluating U.S. overtures to initiate trade negotiations, potentially paving the way for the world’s two largest economies to start talks to resolve a trade war that has rumbled financial markets and cast a pall on global economic activity. Senior U.S. officials have reached out recently “through relevant parties multiple times,” hoping…

Generative AI is reshaping industries by automating tasks and augmenting human decision-making. However, as organizations embrace AI, they must remain mindful of its impact on leadership and governance structures. Firms have started experimenting with different ways of integrating AI into their board meetings, including for minute-taking, agenda creation, and meeting documentation. And new AI-powered board-management software is emerging to offer advice…

Last month, Paolo Ardoino, the chief executive of the cryptocurrency company Tether, joined business executives and U.S. lawmakers for a private lunch at the Willard, a luxury hotel near the White House. For years, Tether had faced accusations that it lied about its finances and allowed crime to flourish on its platform. But at the…

Health Secretary Robert F. Kennedy Jr. announced a plan that would require placebo-controlled studies for all new vaccines, surprising some experts who noted that such testing already routinely takes place. In a statement, Andrew Nixon, a spokesman for the Department of Health and Human Services, said that “all new vaccines will undergo safety testing in…