Articles
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1 day ago |
sacbee.com | Ryan Mac |Mark Walker |NYT Business
The Federal Railroad Administration, the nation’s railroad agency, has brought in The Boring Co., the tunneling firm founded by Elon Musk, to help with a multibillion-dollar Amtrak project, according to three people familiar with the discussions. Federal Railroad Administration officials have talked with employees at Boring about assessing the costs and progress of the Frederick Douglass Tunnel program, a new tunnel along a busy Amtrak stretch connecting Baltimore to Washington and Virginia.
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3 days ago |
miamiherald.com | Alan Rappeport |Ana Swanson |NYT Business
WASHINGTON -- Treasury Secretary Scott Bessent said Sunday that the United States had made “substantial progress” in talks with China after a weekend of meetings in Geneva, and that additional details would be announced Monday. Any indication of a trade truce between the world’s two largest economies would lift financial markets and ease concerns among companies, investors and economists that the global economy was poised for a sharp downturn.
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5 days ago |
miamiherald.com | Jack Ewing |NYT Business
STUTTGART, Germany -- On a frigid day in early January, as she worked in her office in the Boston suburb of Billerica, Massachusetts, Siyu Huang received a two-word text message. “Spinning wheels,” it said. Attached was a short video clip showing a car on rollers in an indoor testing center. There was nothing remarkable in the video. But to Huang, the CEO of Factorial Energy, the video was a milestone in a quest that had occupied a decade of her life.
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6 days ago |
bellinghamherald.com | Ana Swanson |Jonathan Swan |NYT Business
EDITORS NOTE: EDS: SUBS 4th graf and ADDS now-5th graf to update with new detail, PICKUP at "Nevertheless, the leaders"; minor EDITS throughout; RECASTS headline.) ; (ART ADV: With photos.); (With: BRITAIN-TRADE-STARMER, BRITAIN-TRADE-ASSESS, BRITAIN-TRADE-TAKEAWAYS, BRITAIN-FILM-TARIFFS, EUROPE-U.S.-TARIFFS); Mark Landler, Eshe Nelson and Danielle Kaye contributed reporting.
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1 week ago |
sanluisobispo.com | Ben Casselman |Colby Smith |NYT Business
Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising prices. Mattel is shifting production out of China. Evidence for the economic impact of President Donald Trump’s trade wars is everywhere -- except, for the most part, in economic data itself. Consumer spending hasn’t fallen. Layoffs haven’t risen. Businesses haven’t stopped investing in equipment or buying supplies.
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