FINANCE

Trump: 100% tariff for cars made in Mexico by Chinese firms

Donald Trump said he would hit cars made in Mexico by Chinese companies with a 100% tariff, double the levy he…

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Under Armour founder Kevin Plank is back as CEO, abruptly ending Stephanie Linnartz’s three-year turnaround plan two years early

Stephanie Linnartz got even less time than expected to fix Under Armour’s many problems. Linnartz, a veteran executive who was…

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Reddit’s planned IPO aims to raise up to $748 million

Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the…

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Texas fires follow Warren Buffett’s warning on utilities

Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to…

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Jamie Dimon takes a stand by signing JPMorgan up as the first big bank to reveal a key clean energy metric to investors

The dean of Wall Street CEOs is green. JPMorgan Chase today struck an agreement with three New York City pension…

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Reddit eyes a $6.5 billion valuation for its planned IPO—well short of its pandemic-era peak

Reddit is eyeing a valuation of as much as $6.5 billion in its initial public offering, according to people familiar…

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Young women are pranking their dads by saying they’re going to work on oil rigs. The responses are heartwarming: ‘Money can’t bring your life back.’

When Jahkira Michelle, a 23-year-old college administration worker, prank-called her dad to say she landed an underwater welder apprenticeship for…

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Chinese carmakers entering U.S. via Mexico serious threat: Trade group

China has become a powerhouse in electric vehicles. Its automaker BYD recently topped Tesla in global EV sales, with Elon…

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‘Space junk’ unicorn backed by Japanese billionaire takes flight from Tokyo

For more than a decade, an abandoned piece of a Japanese rocket has been speeding uncontrolled around Earth, at risk…

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Mark Zuckerberg says daughter thought he was cattle rancher

Mark Zuckerberg’s job can be hard to describe to a child. But one of his favorite hobbies these days—producing beef—is…

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