Business

The Trump administration issued a rule to automatically extend trade restrictions for organizations on the “entity list” to any majority-owned subsidiary. Source link

Play Airlines said it was ceasing operations, becoming the second low-cost airline in Iceland to collapse in the last six years. Source link

As residents’ electricity prices have increased, nearly one out of five customers of the leading utility company in the state is behind on monthly bills. Source link

Mr. Cavanagh will run the media giant alongside Brian L. Roberts, its longtime chairman and chief executive, in a clear sign of succession planning. Source link

Mayor Eric Adams’s abandoning his re-election bid may please some business leaders opposed to Zohran Mamdani. But it may not change the outcome of the race. Source link

Jared Kushner’s private equity firm and Saudi Arabia’s sovereign fund are among the investors taking the video game giant private. Source link

Hillshire Brands voluntarily recalled the products after at least five people reported injuries because of pieces of wood in the products’ batter. Source link

The pros and cons of buying travel on a layaway plan. Source link

The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover. Source link

A generation of students in India pinned hopes and family savings on careers that once soared on H-1B visas allowing work in the United States. Source link