National business

With President Donald Trump back in the White House for a second term, Americans can expect to see major tax-law changes in the years ahead.

Abbott Laboratories (NYSE: ABT) is a well-diversified health care company, with four distinct units: medical devices, diagnostics, nutrition and established pharmaceuticals. This is great because it means if one of these businesses faces tough times, another could compensate and maintain overall growth.

President Trump’s Inauguration Day executive order undoing Joe Biden’s multibillion-dollar effort to usher in a transition to electric vehicles, has rocked the auto industry, environmental groups and other stakeholders as they grapple to understand the likely impact.

Many Americans say they voted for Donald Trump because he promised to defeat inflation.

Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump’s pledge that the U.S. government won’t enforce a national security law that raised potential penalties for U.S. partners of the popular video app TikTok.

Federal banking and securities regulators, including several intended to operate independently from the White House, are starting to delete references to internal diversity and inclusion offices from their websites following executive orders from President Donald Trump.

American Airlines said on Thursday it expects to post a first-quarter loss, sending its stock tumbling even after it reported a $590 million profit at the end of last year. 

CNN is cutting 6% of its workforce as the news organization tries to reinvent itself for TV's digital future. Facing an exodus of viewers and a systemic decline in pay TV subscriptions, the Warner Bros. Discovery-owned news channel said Thursday it will cut 200 employees from the TV side of the business while investing in the digital operation. 

Jimmy Fallon was less than eager to try Progresso’s chicken noodle soup-flavored hard candies, or “soup drops,” which General Mills released earlier this month. “I tried it,” “The Tonight Show” host said last week, “and it sucks.” 

Alcoa Corp., the largest US aluminum producer, warned that a threatened 25% tariff on imports of the metal from Canada would have a “quieting effect” on American consumption, despite otherwise strong demand expected in everything from packaging to electrical needs.

Netflix has raised its prices after gaining a record 41 million subscribers last year.

A top Stellantis NV executive told employees Wednesday that the automaker will build the next-generation Dodge Durango SUV in Detroit and a midsize pickup truck at the currently closed assembly plant in Belvidere, Illinois.

President Donald Trump ramped up his assault against diversity, equity and inclusion policies to corporate America, targeting federal contractors and publicly traded companies for practices he labeled “dangerous, demeaning, and immoral.”

The National Highway Traffic Safety Administration is opening an investigation into potential engine failure in an estimated 877,710 General Motors trucks and SUVs. 

Silicon Valley has come a long way. In suits and ties on the dais behind President Donald Trump during his inauguration speech Monday — inches from the President’s family — sat Meta CEO Mark Zuckerberg, Apple CEO Tim Cook, Sundar Pichai, CEO of Google parent Alphabet, Tesla and SpaceX CEO Elon Musk, and Amazon CEO Jeff Bezos. 

Southwest Airlines Co. is cutting 270 pilot positions across its Denver and Atlanta operations, the latest changes under broad efforts to reduce costs and maximize use of aircraft.