When Slate Auto, a start-up, unveiled a roughly $25,000 electric pickup truck last month, social media lit up with comments. Many people saw the no-frills vehicle, with an easy-to-repair body and nostalgic hand crank windows, as a refreshing antidote to today’s overstuffed and increasingly unaffordable cars. How unaffordable? Average monthly …
Trump’s price war At a rally in Michigan last night, President Trump declared that “we’re ending the inflation nightmare.” But corporate chiefs are bracing for the opposite, revealing a split-screen view of the future that has sharpened as trade uncertainty grows. Companies have warned for weeks that tariffs could scramble …
Quietly but unmistakably, the tampons, liners and pads reappeared in many of the men’s bathrooms at Meta’s offices. Days earlier, Mark Zuckerberg, Meta’s chief executive, had made a series of changes at his company, aligning with President Trump’s new administration. As part of the moves, Mr. Zuckerberg eliminated diversity initiatives …
The C.E.O. inauguration crowd In a stark display of money and power, the three wealthiest men on the planet lined up on Monday in the Capitol Rotunda to witness Donald Trump being sworn in as the 47th president. The message was clear: With a president in office who wants to …
President Biden warned in his farewell address to the nation last week that an oligarchy is taking shape in America. In Washington, the oligarchs are already here, buying big houses. Counting President-elect Donald J. Trump himself, there are at least a dozen billionaires among his cabinet picks and those headed …
Bezos, Zuckerberg and Coke at the inauguration Corporate America had already raced to donate big sums to Donald Trump’s record-breaking inaugural fund. Now some of its leaders appear eager to jockey for prominent positions at the inauguration next week. It’s a new reminder that for some of the nation’s biggest …
The foundational building block for Jeff Bezos’ space dreams is finally ready to launch. A New Glenn rocket — built by Blue Origin, the rocket company that Mr. Bezos started nearly a quarter century ago — is sitting on a launchpad at Cape Canaveral Space Force Station in Florida. It …
A tale of two Bezos businesses Jeff Bezos surprised many when he spoke of his hopes for President-elect Donald Trump’s return to power at the DealBook Summit last month. The duo’s reset took a new twist with Amazon’s announcement that it would release a documentary on Melania Trump shot by …