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Trump makes a deal, Bill Gates on Elon Musk’s DOGE, and an airport melts down: Business news roundup

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Trump makes a deal, Bill Gates on Elon Musk’s DOGE, and an airport melts down: Business news roundup

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Make Money Online Image for article titled Trump makes a deal, Bill Gates on Elon Musk's DOGE, and an airport melts down: Business news roundup

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President Donald Trump on Thursday announced the first trade deal following his blitz of tariffs, as the U.S. and the United Kingdom agreed to an accord amid Trump’s growing trade war with China and other countries.

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Make Money Online Image for article titled Trump makes a deal, Bill Gates on Elon Musk's DOGE, and an airport melts down: Business news roundup

Photo: Spencer Platt / Staff Editorial (Getty Images)

Make Money Online Image for article titled Trump makes a deal, Bill Gates on Elon Musk's DOGE, and an airport melts down: Business news roundup

Illustration: Hiroshi Watanabe (Getty Images)

Make Money Online President Donald Trump holds up a signed executive order in the Oval Office of the White House on January 23, 2025, in Washington, DC. Trump signed a range of executive orders pertaining to issues including cryptocurrency.

President Donald Trump holds up a signed executive order in the Oval Office of the White House on January 23, 2025, in Washington, DC. Trump signed a range of executive orders pertaining to issues including cryptocurrency.
Photo: Anna Moneymaker (Getty Images)

The Trump family’s latest cryptocurrency gambit may have flown too close to the sun. Now, the bipartisan GENIUS Act, one of the most comprehensive and pivotal attempts to regulate the stablecoin industry, is at stake.

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Bill Gates is holding Elon Musk responsible for the preventable deaths of the world’s poorest children, as a result of his cuts to the U.S. foreign aid budget.

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Make Money Online Image for article titled Trump makes a deal, Bill Gates on Elon Musk's DOGE, and an airport melts down: Business news roundup

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A series of crises has led to chaos at Newark Liberty International Airport, with flight cancellations, delays, and staff shortages causing major disruptions for more than 10 days with no end in sight.

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President Donald Trump’s sweeping tariffs are headed to the medicine aisle next.

On Monday, Trump announced his plans to place tariffs on pharmaceutical imports “within the next two weeks,” signing an executive order designed to boost drug companies’ manufacturing in the U.S. While the exact tariff rates haven’t yet been specified, the president has suggested they could be as high as 200%.

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Make Money Online Image for article titled Trump makes a deal, Bill Gates on Elon Musk's DOGE, and an airport melts down: Business news roundup

Photo: Stephanie Keith / Stringer (Getty Images)

A series of crises has led to chaos at Newark Liberty International Airport, with flight cancellations, delays, and staff shortages causing major disruptions for a week.

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Waymo (GOOGL), the self-driving car division of Google parent Alphabet, is preparing to scale up its manufacturing facility in the Phoenix suburb of Mesa, Arizona.

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Consumers using “snail mail” will have about 30,000 fewer people handling their letters and packages this year. Both UPS (UPS) and the U.S. Postal Service (USPS) say this shouldn’t affect delivery times in any significant way.

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