Starlink, Elon Musk’s satellite communications company, fought behind the scenes for months to break into India’s internet business. The market is dominated by two local giants, Reliance Jio and Bharti Airtel, which seemed united in trying to keep Starlink out. Then, suddenly, this week each of them announced a partnership to bring Starlink into India,…
Tesla is getting crushed in China, its most important market outside the United States and one that it had dominated for years. When Liu Jie, 32, decided to buy an electric car in October, Tesla was one of her top choices. But after test-driving a few Chinese cars, she went with a sports sedan from…
This week, the top copy editor of The New Yorker announced that the magazine had completed a “reëxamination” of its house style. A few things were changing. But its dedication to the dieresis — those two little dots that float above certain vowels, beloved by New Yorker editors and almost nobody else — was not….
Stocks rose on Wednesday after a tumultuous few days of trading, though the rally was choppy, as investors weighed lower-than-expected inflation data against concerns about President Trump’s tariff policies. The S&P 500 index rallied at the start of trading, buoyed by data from the Bureau of Labor Statistics showing that inflation eased in February. But…
The European Union has spent months bracing for painful tariffs from the United States, the bloc’s most important trading partner. On Wednesday, as American steel and aluminum tariffs of 25 percent took effect, European officials began to respond. While the United States buys the most steel and aluminum from countries including Canada, Brazil and Mexico,…
The Federal Aviation Administration will adopt two urgent recommendations issued by a federal safety board to reduce and reroute helicopter traffic around Ronald Reagan National Airport near Washington, D.C., after a midair crash of a passenger jet and an Army helicopter on Jan. 29 killed 67 people. Sean Duffy, the U.S. transportation secretary, who oversees…
Southwest Airlines on Tuesday said it would start charging for checked bags, ending another longtime policy that had set it apart from other airlines as it seeks to boost revenues and cut costs. Customers with high loyalty status will be spared from the fee, but all others will have to pay for checked bags for…
Fears over the future health of the economy continued to rattle markets around the world, as investors tried to puzzle through President Trump’s commitment to tariffs in spite of the potential fallout his policies could have for inflation, consumer spending and overall growth. After the S&P 500 suffered its worst day of the year on…
The railroad tracks that slice through downtown Freehold, N.J., used to be lined by dozens of men, waiting for work. Each morning, the men — day laborers, almost all from Latin America and undocumented — would be scooped up by local contractors in pickup trucks for jobs painting, landscaping, removing debris. In recent weeks, the…
Stocks tumbled on Monday, on track for their worst day of the year, with investors gripped by angst about the economy after President Trump refused to rule out the possibility that his policies could trigger a recession. The S&P 500 slid 3.3 percent, the sharpest daily decline in a three-week long stretch of selling. The…
