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Business titans are raising the stakes with 11th-hour pleas to Trump to keep the U.S. in the Paris climate agreement. Top executives, including Dow Chemical's Andrew Liveris and Apple's Tim Cook, are arguing there is more to lose than gain from abandoning the deal. Tesla founder Elon Musk said Wednesday that he had “done all I can to advise directly to POTUS” and vowed to leave Trump's business councils if the president pulled out of the accord. But any impact of the last-minute lobbying remains to be seen.—Katie Robertson
President Trump hasn't yet decided whether to keep the U.S. in the landmark Paris agreement on climate change, but is leaning toward exiting the accord, sources told Bloomberg News, following reports that Trump had already made the decision to exit. The administration is preparing for several different outcomes and top officials are divided on what to do. The move to leave would have significant environmental and diplomatic consequences.
The one thing that unites the family of Jared Kushner is playing the Trump card. Kushner's father and uncle have been feuding publicly for more than a decade through competing property empires. But there's finally common ground—both have had projects promoted to Chinese investors by touting ties to the White House.
NASA wants to fly into the sun. A probe will launch into the Sun's outer atmosphere next year as part of the $1.5 billion mission. The project, 60 years in the making, will fill critical gaps in what we know about “space weather” and its risk to satellites, electrical grids, and telecommunications.
This is how the demise of oil could play out. Oil producers say their industry has decades of growth ahead, with the world's middle classes expanding and consuming more energy. But what if they're wrong? Forecasters don't always anticipate seismic shifts in technology and policy that could slow demand growth. Here's what happens when their central assumptions are tested.
Rich Americans may hasten a Trump headache: raising the debt limit. High income-taxpayers have put off some tax bills this year, causing such a pinch to government revenue that the U.S. could face a default on its debt months sooner than the White House expected.
Goldman Sachs just ignited the Venezuelan ‘Hunger Bonds' movement. Aimed at shaming international investors into boycotting the repressive government's bonds, the ‘hunger bonds' term was really only known among a small crowd of specialists. Then Goldman made a big investment in the debt.
The elite $156,000 supercar no one is talking about. The hybrid Acura NSX has been on the road for a year now, but chances are you haven't seen one. It's been delayed and ignored, and suffers from a weak public image. But our test driver Hannah Elliott says the powerful ride more than deserves consideration in the same vaunted category as the Audi R8, the Mercedes AMG GT, and even the McLaren 570S.
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