President Donald Trump said businesses have to wait too long to obtain permits and vowed to create a friendlier climate for companies that want to invest in the U.S., stepping up a push to curb the flow of jobs overseas.
A rival air-bag maker bidding for Takata accused the company of rigging a monthslong auction, ratcheting up tensions with the Japanese supplier as it races to find a financial backer and settle significant debts stemming from a deadly safety crisis.
President Trump formally pulled the U.S. out of the Trans-Pacific Partnership, the 12-nation trade agreement negotiated by Barack Obama and championed by businesses but that fell out of favor in both political parties.
Alphabet’s search giant is facing new scrutiny of its privacy policies that could compound the company’s regulatory challenges. An altered policy allows it to build more robust user profiles to accurately target advertising.
Samsung Electronics’ apology and diagnosis of the Galaxy Note 7’s battery problems marked the company’s most concerted attempt to move past its biggest recent crisis, but concerns over product safety could continue to weigh on its brand.