Starlink, Elon Musk’s satellite communications company, fought behind the scenes for months to break into India’s internet business. The market is dominated by two local giants, Reliance Jio and Bharti Airtel, which seemed united in trying to keep Starlink out. Then, suddenly, this week each of them announced a partnership to bring Starlink into India,…
In a barrage of pronouncements on Wednesday the Trump administration said it would repeal dozens of the nation’s most significant environmental regulations, including limits on pollution from tailpipes and smokestacks, protections for wetlands, and the legal basis that allows it to regulate the greenhouse gases that are heating the planet. But beyond that, Lee Zeldin,…
In his first meeting with top executives from PepsiCo, W.K. Kellogg, General Mills and other large companies, Robert F. Kennedy Jr., the health secretary, bluntly told them that a top priority would be eliminating artificial dyes from the nation’s food supply. At the Monday meeting, Mr. Kennedy emphasized that it was a “strong desire and…
Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in a “hurry” to adjust interest rates. “As we parse the incoming information,…
House prices are stubbornly high, and mortgage rates remain substantially above their prepandemic level. Now, with the spring home buying season looming, shoppers have a new worry: A major federal consumer watchdog has been hobbled. Without the Consumer Financial Protection Bureau, the agency responsible for overseeing most aspects of the home buying process, consumer advocates…
At a confirmation hearing for Dr. Marty Makary on Thursday, senators focused heavily on the safety of the abortion pill, with Republican lawmakers urging him to restrict access and Democratic lawmakers demanding that he maintain its current availability. Dr. Makary, President Trump’s nominee to lead the Food and Drug Administration, signaled that he shared Republicans’…
The Trump administration has moved to rewrite rules designed to prevent disasters at thousands of chemical facilities across the country. The Environmental Protection Agency filed a motion in federal court on Thursday pulling back the safety regulations, introduced last year under former president Joe Biden. The rules, which took effect in May, require sites that…
Dr. Marty Makary may face sharp questions from senators about whether he will defend the Food and Drug Administration against staff cutbacks and industry pressure on Thursday, although he is still expected to sail through his confirmation hearing to become the agency’s commissioner. Dr. Makary built his reputation as a contrarian in the medical field,…
Florida’s insurance regulator has demanded an unusually intrusive trove of data on millions of prescription drugs filled in the state last year, including the names of patients taking the medications, their dates of birth and doctors they’ve seen. The Florida Office of Insurance Regulation in January sought this information from pharmacy benefit managers like UnitedHealth’s…
The new head of the Food and Drug Administration division that regulates infant formula was in recent months a corporate lawyer defending a top formula maker from claims that its product gave rise to debilitating harm to premature babies. Kyle A. Diamantas joined the F.D.A. last month to lead the food division, leaving the law…
