Semafor business

The son of a veteran IOC leader says his banking background qualifies him to run “an extraordinarily efficient business machine.”

Reince Priebus, a Republican operative who served as Donald Trump’s first White House chief of staff, will join Centerview Partners as corporate America shifts rightward.

Dendur isn’t a conventional activist, but has privately been pushing for change at the company for years.

As of midday, the S&P 500 was down 2%, while the Nasdaq 100 was down more than 3%.

Meta is pushing back particularly hard on some of the author’s claims about the company’s dealings abroad.

The federal government lost 10,000 workers last month in an unusually sharp decline, as the Department of Government Efficiency moved to slash jobs.

Chris Cocks has faced activist investors and tariffs as he overhauls the toymaker’s strategy.

The Treasury secretary sought Thursday to persuade nervous investors that President Donald Trump’s economic policies are part of a larger, coherent vision.

The pause — until April 2 — offered a major reprieve to two of Washington’s top trading partners.

Pharma giants face growing competition from copycat weight-loss drugs, as patents near expiration.

The total value of imports to the country increased 10%, while exports only rose 1.2%, leaving a $131 billion trade gap.

Threats that blue-chip companies, including Walmart, would leave for politically friendlier states sparked Delaware’s recently proposed overhaul of its corporate laws.