Biden’s Trade Challenge: Kicking the China Dependency Habit
Officials want to avoid trade deals whose rules boost China’s role in supply chains, Greg Ip writes. Source link
Politics/International Relations
European Business Confidence in China Falls to Record Low, Poll Shows
Companies identified the country’s sluggish economy and U.S.-China trade tensions among the top challenges, a poll showed. Source link
FTC Sues Amazon Over ‘Manipulative’ Tactics Used to Enroll Millions in Prime
Amazon duped millions of customers into Prime subscriptions, the federal agency said. Source link
D.C. Air War: Senators Fight Over Flights to Reagan National Airport
A debate in Congress over adding more flights, including long-distance routes, at Reagan National Airport has divided the airline industry...
Global Tax Mess Awaits U.S. Companies, and Congress Isn’t Helping
The consequences of an international minimum-tax agreement are about to be felt. Source link
Biden Team Takes Aim at TikTok With Commerce Department Move
The administration likely would need legislation from Congress to further strengthen its position against foreign-based apps that could threaten the...
Ticketmaster, SeatGeek to Show Full Ticket Prices Up Front as Biden Targets ‘Junk Fees’
Two of the biggest U.S. ticket sellers plan to change how they display prices to concertgoers, moves aimed at simplifying...
U.S. Chamber of Commerce Challenges Federal Government’s New Drug-Price Powers
The lawsuit is the second filed this week saying Medicare’s new negotiating authority is unconstitutional. Source link
Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices
The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights. Source link
Tax Cuts High on GOP Agenda as House Looks to Revive Business Breaks
Republicans are hoping to introduce a bill as soon as this month. Source link
U.S. Makes New Push in Trade Fight With Mexico Over GMO Corn
The U.S. stepped up its efforts to get Mexico to ease its restrictions on genetically modified corn, after more than...
WSJ News Exclusive | Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria
The North African nation’s vast reserves and proximity to Europe make it attractive to the U.S. drillers that have huge...
Senate Approves Deal Raising Debt Ceiling, Averting U.S. Default
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Supreme Court Says Employer Can Sue Union for Losses Caused by Work Action
Justices say labor law doesn’t protect union from claims that workers endangered company property. Source link
Facebook Parent Threatens to Remove News From Its Platforms in California
The state’s bill requiring tech firms to pay publishers may inspire a revision of similar federal legislation, a trade group...
Debt-Ceiling Deal Does Little to Change Direction of Federal Spending, Economy
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What’s in the Debt-Ceiling Deal
The agreement between President Biden and House Republicans includes spending caps, work requirements and permitting. Source link
House Leaders Press for Support Ahead of Debt-Ceiling Vote
Congress heads into a pivotal week that will test whether President Biden and House Speaker Kevin McCarthy can win enough...
Biden, McCarthy Strike Debt-Ceiling Deal ‘in Principle’
Republicans and Democrats will now race to pass the agreement to raise the nation’s $31.4 trillion borrowing limit for two...
Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
The majority of votes counted in this week’s referendum were against plans by LVMH’s Cheval Blanc brand to build its...
