Olympic Medals From Paris Games Are Falling Apart. LVMH Has Fallen Silent.
Rarely in Olympic history had a single company been as ubiquitous as LVMH Moët Hennessy Louis Vuitton, the luxury goods empire owned by France’s richest family. As the Paris Olympics’ biggest corporate sponsor, LVMH was everywhere. Its Moët & Chandon champagne flowed in V.I.P. suites. French athletes were clothed by LVMH’s Berluti fashion house. And,…
Renewable energy giants shrug off Trump’s anti-wind policies
U.S. President Donald Trump holds up an executive order after signing it during an indoor inauguration parade at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. Anna Moneymaker | Getty Images News | Getty Images Renewable energy…
2 Families, in Business 50 Years, Fight for Control of Korea Zinc
When two longtime business partners established a subsidiary 50 years ago to make zinc out of an industrial complex set up by South Korea’s government, they settled on an unusual division of power. The new venture, Korea Zinc, would be managed by the Choi family. The existing parent company, Young Poong, would be run by…
Trump Is Said to Push for Early Reopening of North American Trade Deal
The Trump administration intends to push to renegotiate the U.S. trade deal with Canada and Mexico ahead of a required 2026 review of it, seeking to shore up U.S. auto jobs and counter Chinese firms that are making inroads into the Mexican auto sector, people familiar with the deliberations said. The U.S.-Mexico-Canada Agreement, which Mr….
Microsoft loses status as OpenAI’s exclusive cloud provider
US President Donald Trump, from left, Larry Ellison, co-founder and executive chairman of Oracle Corp., Junichi Miyakawa, chief executive officer of SoftBank Corp., and Sam Altman, chief executive officer of OpenAI Inc., in the Roosevelt Room of the White House in Washington, DC, US, on Tuesday, Jan. 21, 2025. Trump announced a joint venture to…
Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the world’s largest economies. Speaking at the White House, Mr. Trump said that the tariffs were in response to China’s role…
Trump Pardons Ross Ulbricht, Creator of Silk Road Drug Marketplace
President Trump on Tuesday granted a pardon to Ross Ulbricht, the creator of the Silk Road drug marketplace and a cult hero in the cryptocurrency and libertarian worlds. In doing so, Mr. Trump fulfilled a promise that he made repeatedly on the campaign trail as he courted political contributions from the crypto industry, which spent…
Trump AI investment with OpenAI, Oracle, Softbank
U.S. President Donald Trump delivers remarks on AI infrastructure, next to Oracle co-founder Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria Carlos Barria | Reuters President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and…
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Trump Wants to Unleash Energy, as Long as It’s Not Wind or Solar
President Trump is moving to restructure the nation’s energy future to block any transition away from fossil fuels. And he is testing the boundaries of presidential power to do it. The orders that Mr. Trump signed on Monday would make it easier and cheaper for companies to produce oil and gas and for the government…
