Author: News Room

Elon Musk said in a social media post early Wednesday that he regretted some of his posts and comments about President Trump last week, which had led the president to disparage Mr. Musk.Mr. Musk said on his X platform that some of his posts about Mr. Trump “went too far.”Mr. Musk, the world’s richest person, was once among the president’s closest advisers. But he and Mr. Trump had a dramatic and public falling out after the Tesla chief executive left his role in the administration.Both men traded barbs on social media, and Mr. Trump said last week that he had…

Who wants to lead the Department of Government Efficiency?With the departure of Elon Musk and his right-hand man Steve Davis from government, administration officials and members of the controversial cost-cutting effort have been in detailed discussions this week about who will functionally be in charge of it, according to four people familiar with the talks.Debate about who should take charge has spread through the White House, DOGE and Silicon Valley. In the first days after Mr. Musk’s departure, it centered on the billionaire Joe Gebbia, one of Mr. Musk’s close friends and a board member at his automaker, Tesla.Mr. Gebbia…

A federal appeals court agreed on Tuesday to allow President Trump to maintain many of his tariffs on China and other U.S. trading partners, extending a pause granted shortly after another panel of judges ruled in late May that the import taxes were illegal.The decision, from the U.S. Court of Appeals for the Federal Circuit in Washington, delivered an important but interim victory for the Trump administration, which had warned that any interruption to its steep duties could undercut the president in talks around the world.But the government still must convince the judges that the president appropriately used a set…

The United States and China have agreed to a “framework” that is intended to ease economic tension and extend a trade truce that the world’s two largest economies reached last month, officials from both countries said on Tuesday.After two days of marathon negotiations in London, top economic officials from the United States and China are now expected to present the new framework to their leaders, President Trump and President Xi Jinping, for final approval.The agreement is intended to solidify terms of a deal that the United States and China reached in Switzerland in May that unraveled in recent weeks. Howard…

Barbara Holdridge, who co-founded the first commercially successful spoken-word record label, one that began with the poet Dylan Thomas reciting his story “A Child’s Christmas in Wales” and that led to today’s multibillion-dollar audiobook industry, died on Monday at home in Baltimore, Md. She was 95.Her daughter, Eleanor Holdridge, confirmed the death.Ms. Holdridge, along with her best friend, Marianne Mantell, built the label, Caedmon Records, into a recording industry dynamo by releasing LPs of such notable authors and poets as W.H. Auden, T.S. Eliot, Langston Hughes, Gertrude Stein, Robert Frost, Eudora Welty, William Faulkner and Ernest Hemingway reading their own…

ABC News is cutting ties with the correspondent Terry Moran after he wrote derisive comments on social media that attacked President Trump and Stephen Miller, the deputy White House chief of staff, referring to both men with the term “world-class hater.”The network said on Tuesday that it had decided not to renew Mr. Moran’s contract. He had worked at ABC News for 28 years.“We are at the end of our agreement with Terry Moran, and based on his recent post — which was a clear violation of ABC News policies — we have made the decision to not renew,” a…

Twenty-seven states and the District of Columbia have sued the genetic-testing company 23andMe to oppose the sale of DNA data from its customers without their direct consent.The suit, filed on Monday in U.S. Bankruptcy Court in the Eastern District of Missouri, argues that 23andMe needs to have permission from each and every customer before their data is potentially sold. The company had entered an agreement to sell itself and its assets in bankruptcy court.The information for sale “comprises an unprecedented compilation of highly sensitive and immutable personal data of consumers,” according to the lawsuit.“This isn’t just data — it’s your…

The protests and scattered clashes with law enforcement in Los Angeles have played out live on cable news, with top anchors scrambling to cover the events in person.They have been joined by Dr. Phil.Once a genial on-air psychologist known as a sidekick to Oprah Winfrey, Dr. Phil McGraw has emerged in recent years as a conservative-leaning personality with ties to President Trump, whom he interviewed, sympathetically, several times during the 2024 election season.On Friday, Dr. McGraw and a camera crew from his fledgling television network, MeritTV, were recording in Los Angeles before and after the raids by agents with Immigration…

Yale University’s famed endowment has been trying to offload one of the largest portfolios of private equity investments ever in a single sale, a move that reflects the pressures on both Wall Street and higher education under the Trump administration.The Ivy League school has sought buyers for up to $6 billion in stakes in private equity and venture funds, according to three people briefed on the sales process, amid uncertainty about its federal funding and the reality that many of these investments have not delivered the outsized returns that Yale had come to expect.Yale is now close to completing a…

American entrepreneurMs. Dickerson Chinese entrepreneurMr. Hu American entrepreneurMr. Soong Chinese entrepreneurMr. Wong When Elyse Dickerson needed to build out her U.S. ear care business quickly, she turned to Gorton Hu in China to make essential parts. When Elyse Dickerson needed to build out her U.S. ear care business quickly, she turned to Gorton Hu in China to make essential parts.When Patrick Soong needed to get a camera accessory made for an American firm, he also turned to China, reaching out to Martin Wong and his makeshift factory. When Patrick Soong needed to get a camera accessory made for an American…