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Companies, Not Consumers, to Cash In Big From Tariff Refunds11:35 Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them. Who’s Getting a Tariff Refund?11:35 Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets. Sam Altman’s Next High-Wire Act: Getting OpenAI to Make More Money11:35 Mr. Altman, who has faced criticism over OpenAI’s direction, has culled company projects and is trying to be more disciplined with strategy. Where to Enjoy an Airport Shower After a Long Flight11:35 Affordable arrivals lounges offer amenities like nap pods and showers where weary passengers can freshen up. You may never start a vacation the same way again. How Elon Musk Used SpaceX to Benefit Himself and His Businesses11:34 The rocket maker has been a useful financial tool for Mr. Musk, providing the billionaire with loans and aiding his struggling companies, a Times examination found. Who’s Who in ‘Michael’: A Guide to the Characters11:34 A new Michael Jackson biopic, with the star’s nephew Jaafar Jackson in the title role, is packed with famous musical figures. These are some of them. DeepSeek’s Sequel Set to Extend China’s Reach in Open-Source A.I.6:46 Chinese companies have embraced making their most advanced artificial intelligence models available to all. War and Sanctions Accelerate China’s Currency Push6:14 China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions. Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says5:42 Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market. Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan0:24 Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump. It’s the second round of cuts this year. Microsoft Targets About 7% of Its U.S. Workers With Buyout Offer22:43 The tech giant is offering long-serving employees early retirements as it continues to invest aggressively in artificial intelligence. Two Litigation Partners Depart Paul Weiss22:12 The departure of Kannon Shanmugam and Masha Hansford is the latest in a string of litigators who have left the influential New York law firm. New Gene Therapy Enables Children With a Rare Form of Deafness to Hear21:40 The treatment, the first of its kind, was approved by the Food and Drug Administration on Thursday. “Our baby was born deaf, and now he can hear,” said one parent. Congress May Finally Recognize That Mobile Homes Aren’t Really That Mobile20:04 An obscure federal rule requires manufactured homes to be built on a chassis, making them more costly. A bill in Congress would remove the mandate, enacted five decades ago. |
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