Business

• Elite universities offer to spend more endowment cash to stave off tax hit after Trump attacks ‘woke’ policies: report

  1 week ago Business NY Post - Business 54

  Nearly two dozen elite schools are reportedly backing a plan that would commit them to distributing at least 5% of their endowment value each year.

• Chinese exports to US plunge 35% in May — largest drop since start of COVID

  1 week ago Business NY Post - Business 15

  Chinese shipments to the US plummeted 35% in May compared to the year before, according to government data released Monday. 

• Ken Moelis to depart as CEO of $4.6 billion investment bank

  1 week ago Business NY Post - Business 30

  He will take on the role of executive chairman later this year and continue advising clients.

• Port of Los Angeles sees sharp drop in cargo ships, West Coast dockworkers sit idle

  1 week ago Business NY Post - Business 18

  That drop isn’t just a temporary blip. It’s part of a larger slowdown linked to President Donald Trump’s trade war with China.

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• Warner Bros. Discovery to split cable TV networks from streaming, Hollywood studios

  1 week ago Business NY Post - Business 16

  One company -- tentatively called Global Networks -- will hold familiar cable channels like CNN, TBS and TNT as well as Discovery+ streaming service.

• Lawyers urging ‘caution’ on antitrust remedies in Google search trial have cozy ties to Big Tech

  1 week ago Business NY Post - Business 34

  A group of prominent lawyers claimed to be objective last month as they urged a federal judge to take "caution" when imposing antitrust remedies...

• Exercise item sold at Costco recalled after more than 100 injuries reported

  1 week ago Business NY Post - Business 23

  People who purchased the BowFlex 552 from Costco were urged to top using it immediately.

• Mike Johnson downplays Musk's influence and says Republicans will pass Trump's tax and budget bill

  1 week ago Business Washington Times - Business 40

  With an uncharacteristic feistiness, Speaker Mike Johnson took clear sides Sunday in President Donald Trump's breakup with mega-billionaire Elon Musk.

• New disputes emerge ahead of U.S.-China trade talks in London

  1 week ago Business Washington Times - Business 23

  U.S.-China trade talks in London this week are expected to take up a series of fresh disputes that have buffeted relations, threatening a fragile...

• Westinghouse pursuing US nuclear expansion with 10 large reactors after Trump orders: report

  1 week ago Business NY Post - Business 37

  Nuclear equipment supplier Westinghouse is in talks with US officials and industry partners about deploying 10 large reactors, in response to...

• US-China trade talks to open in London as new disputes emerge

  1 week ago Business NY Post - Business 47

  Both sides agreed in Geneva last month to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other in an escalating...

• Meta in talks over Scale AI stake that could top $10B, Bloomberg reports

  1 week ago Business NY Post - Business 18

  Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported...