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BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on
The goods facing higher prices from Donald Trump’s US tariffs

The goods facing higher prices from Donald Trump’s US tariffs

Natalie Sherman Business reporter, BBC News Getty Images A new 25% tax is set to be imposed on imports of
What to Know About the Anti-Bribery Law Trump Is Targeting

What to Know About the Anti-Bribery Law Trump Is Targeting

President Trump has paused enforcement of a federal law he has long bemoaned: the Foreign Corrupt Practices Act, which prohibits
Ford Chief Executive Says Trump Policies May Lead to Layoffs

Ford Chief Executive Says Trump Policies May Lead to Layoffs

Ford Motor could be forced to lay off employees if the Trump administration ends subsidies and other financial support for
Europe Vows to Respond to Trump’s Tariffs, but Holds Back on Details

Europe Vows to Respond to Trump’s Tariffs, but Holds Back

European leaders vowed on Tuesday to retaliate after President Trump announced that he would raise tariffs on aluminum and steel
Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up

Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up

President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting —
Trump halts prosecution of firms accused of bribery abroad

Trump halts prosecution of firms accused of bribery abroad

US President Donald Trump has halted the enforcement of an anti-corruption law that allows the prosecution of Americans accused of
Goldman Sachs Ditches Big Diversity Rule As Wall Street Backs off DEI

Goldman Sachs Ditches Big Diversity Rule As Wall Street Backs

Wall Street has not typically been accused of doing too much for women and minority groups. The financial services industry,
Fed Chair Signals Little Urgency to Lower Rates

Fed Chair Signals Little Urgency to Lower Rates

Jerome H. Powell, chair of the Federal Reserve, signaled little urgency to lower interest rates with the economy sturdy and
Behind Elon Musk’s Hostile Bid for Control of OpenAI

Behind Elon Musk’s Hostile Bid for Control of OpenAI

We have spent much of the past 24 hours on the telephone trying to get to the bottom of Elon