Big Business

The Trump administration is pressing Congress to dramatically expand the number of business-friendly tax cuts in a budget bill that's already complicated and costly.

Why it matters: New additions, such as full expensing to build new factories in the U.S., are leading to confusion among senators and staffers on what President Trump absolutely must have in his tax bill, and how much it will ultimately cost.

• "Everything here comes down to, how do you pay for it and how does it fit into our other priorities?" Sen. Tom Tillis (R-N.C.) told Axios...

This was a career like no other; but at the age of 94, and after 60 years at the helm of his company Berkshire Hathaway, on Saturday Warren Buffett told the annual public meeting of his adoring shareholders that he was leaving them.

It was closing in on 1 p.m. here when Warren Buffett, seated onstage before a rapt audience of about 40,000 at the CHI Health Center, said that he was getting a “5-minute warning.”

China’s government has exempted some U.S. imports that the country would struggle to immediately source from elsewhere from its retaliatory tariffs, people familiar with the matter said.

Chinese authorities have told some importers of American goods that they would waive the most recent 125% increases in tariff rates for certain U.S. imports. Those products include certain semiconductors and chipmaking equipment, medical products and aviation parts, the people said...

Newsmax's stock broke records for initial public offerings in its first week of trading, becoming the first Regulation A+ offering to go directly to the NYSE's Big Board – while captivating the markets with a dizzying valuation.

After trading began Monday just before 11 a.m. ET, Newsmax (NMAX) soon found itself with a share price of $44.30 and a market capitalization of $4.18 billion.

The New York Times marveled that Newsmax's spectacular rise briefly put it at a richer valuation than U.S. Steel...

Every community has charitable nonprofit organizations that help people navigate difficult situations. Some of those local, compassionate outreaches, however, are being bullied.

An unintended pregnancy is an unexpected battleground across the United States. Every woman should be loved and supported in her pregnancy. Compassionate help dedicated to encouraging women with unplanned pregnancies to say yes to their babies is not something that should be controversial.

Ohio voters made history by enshrining abortion rights in the state constitution in November of 2023.

The landmark victory reflected our shared belief in the right to make personal medical decisions without government interference.

President Donald Trump's tariffs on automobiles and automobile parts are going to hit some automakers harder than others, particularly among those with a lower share of their U.S.-sold vehicles assembled outside the U.S.

For instance, Volvo, Mazda, Volkswagen and Hyundai Motor, which include the brands Genesis and Kia, imported at least 60% of their respective U.S. sales in 2024, according to S&P Global Mobility. 

Comparatively, Ford, Honda, Stellantis and General Motors have the most cars made in the U.S., the S&P Global Mobility report showed. 

23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs.

San Francisco-based 23andMe announced on Sunday that it will look to sell “substantially all of its assets” through a court-approved reorganization plan.

Talk about going to egg-stremes.

Border agents are seeing a sharp rise in the number of egg smuggling attempts by travelers coming from Mexico and Canada as prices in the US have surged to as high as $10 a carton.

US Customs and Border Protection reported a 36% increase in egg interceptions this fiscal year — with certain border regions in Texas experiencing a 54% spike, while cases in San Diego have more than doubled, according to the Wall Street Journal...