The New York Times |
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Panama Court Strikes Down Hong Kong Firm’s Canal Contract6:22 President Trump has said he wants American control of the canal, putting the longtime ports operator, CK Hutchison, in the cross-hairs of the U.S.-China trade conflict. Trump Expected to Announce Kevin Warsh as Fed Chair6:22 President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone “known to everybody in the financial world.” Washington Post Plans Cuts to Reshape Newsroom1:35 The changes are expected to include significant layoffs in areas like sports and international coverage. Ex-Google Engineer Convicted of Stealing A.I. Secrets for Start-up in China0:31 A federal jury found that Linwei Ding stole thousands of confidential files to help him start a company in Beijing. Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector23:28 Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay. Murdoch and News Corp Take on the West Coast with The California Post23:28 The expansion of the Murdoch tabloid from its New York roots to the West Coast is the latest sign of the outlet’s national ambitions. Founder of First Brands, Whose Bankruptcy Spooked Wall St., Is Indicted on Fraud Charges20:16 Patrick James, who was earlier ousted from the beleaguered auto-parts maker, is accused by federal prosecutors of faking invoices and lying about hidden debt for years. John L. Allen Jr., Journalist With Inside Access to the Vatican, Dies at 6119:44 He seemed to know everyone at the Holy See, and it showed in his reporting for the National Catholic Reporter and his website, Crux, though some said he grew too close to his sources. Costco Is Sued Over Preservatives in Its $5 Rotisserie Chickens19:44 A proposed class-action lawsuit claims Costco was misleading customers and engaging in false advertising when it described the chicken as having no preservatives. Budget Hotels Become an Immigration Battleground for ICE Protests19:12 “No sleep” protests have used noise and other tactics to target ICE agents at hotels, leaving the owners, often immigrants themselves, caught in the middle. New Food Stamp Rules Are Confusing Grocery Stores and Consumers18:08 A dizzying array of rules govern what can be bought with SNAP dollars, confusing grocery stores and consumers. U.S. Trade Deficit Widens Despite Trump’s Tariffs17:04 The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show. The A.I. Boom’s Uncertain Payoff14:24 Companies like Microsoft and Meta are still spending big on artificial intelligence. But investors remain antsy about seeing results. Russia’s Lukoil to Sell Its Foreign Assets to U.S. Investment Firm13:20 The deal with Carlyle comes after the United States and the European Union imposed sanctions on Lukoil, putting a dent in the Kremlin’s oil revenue. |