Topic: Business

The United States may impose regional tariffs rather than issue blanket ones as a deadline approaches for racing a global plan, Treasury Secretary Scott Bessent said Sunday.

A recent Walmart earnings report citing tariffs as a potential reason for raising prices promoted President Donald Trump to tell the world's largest retailer to "eat the tariffs."

Moody's Ratings downgraded U.S. debt, becoming the last of the three major credit rating agencies to move in that direction.

Danish drugmaker Novo Nordisk is teaming up with California-based biotech Septerna to develop new pills to treat obesity, type 2 diabetes and other metabolic diseases.

Charter Communications, one of the largest telecommunications companies in the United States, announced a merger Friday with privately held Cox Communications in a multi-billion-dollar deal.

Novo Nordisk CEO Lars Fruergaard Jorgensen is stepping down per mutual agreement with the company. The company said Friday he will continue as CEO for a while to smooth the leadership transition.

President Donald Trump's concerns about Air Force One seem less focused on safety and security and more on size and opulence.

Federal Trade Commission Chairman Andrew Ferguson said the agency will do more to promote economic activity and protect consumers than it did under the Biden administration.

During an earnings call Thursday Walmart said it will be forced to raise prices soon even with the reduced tariffs on China as trade with the United States is negotiated.

The Department of Agriculture has temporarily halted the import of live cattle, horses and bison from Mexico to stop the spread of New World screwworm, a parasite that can be deadly to animals and hurt people.