Business
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Justice Department blocks random drug searches of travelers at airports The Justice Department moved to limit the DEA from doing random searches at airports and other transportations facilities following an Inspector General review that raised questions about the agency’s procedures.washingtonpost.com
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U.S. Steel’s Japanese buyer hopes Biden — or Trump — will come around The Nippon Steel official leading the Japanese company’s effort to acquire U.S. Steel says he is confident that the deal will close by the end of this year, despite President Joe Biden’s continued opposition.washingtonpost.com
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Phillips 66 charged in federal indictment after Los Angeles oil pollution The company is accused of knowingly and negligently violating the Clean Water Act. It will be arraigned in the coming weeks.washingtonpost.com
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Google stock falls as antitrust regulators push for a breakup The Justice Department wants the search giant to divest the Chrome web browser, among other provisions designed to limit its market power.washingtonpost.com
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Americans are ready to shop holiday sales amid higher prices, debt With the election behind them, many consumers finally feel free to spend — though they’ll still be focused on deals and selective about splurges.washingtonpost.com
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Work Advice: I’m uncomfortable with our CEO invoking Jesus in meetings As a non-Christian, I’m bothered by our CEO’s practice of opening meetings with a Christian prayer. Should I say something?washingtonpost.com
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AI’s enormous power demand is threatening U.S. climate goals The voracious electricity needs of AI are driving plans for dozens of new fossil fuel plants, pushing climate goals out of reach.washingtonpost.com
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Turkey prices unflappable despite bird flu and high grocery costs As buyers deal with high prices in supermarkets, the cost for the Thanksgiving staple of turkey remains relatively stable. Here’s why.washingtonpost.com
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Top federal watchdog announces new oversight of tech giants The Consumer Financial Protection Bureau could soon closely monitor payment systems run by Google, Apple and Venmo.washingtonpost.com
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Tom’s of Maine issued warning over bacteria found in toothpaste products The FDA issued a warning letter, but not a recall, after an inspection found tainted water samples as well as a “black mold-like substance” at one of its plants.washingtonpost.com
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Billionaire Gautam Adani indicted in New York in alleged bribery scheme Indian energy billionaire Gautam Adani, an ally of Prime Minister Narendra Modi, was indicted in New York for alleged bribery involving solar energy supply contracts.washingtonpost.com
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Archegos founder Hwang sentenced to 18 years in prison Prosecutors said Hwang is responsible for ‘one of the largest securities fraud schemes in history’washingtonpost.com
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Musk, Ramaswamy vow ‘mass head-count reductions’ in U.S. government The leaders of President-elect Donald Trump’s ‘Department of Government Efficiency’ outlined their efforts in a new Wall Street Journal editorial.washingtonpost.com
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Retailors report egg shortage ahead of holidays amid surging bird flu Avian influenza has affected more than 108 million poultry in 48 states since 2022, lifting prices and diminishing supply.washingtonpost.com
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Trump eyes return of Russell Vought to key White House budget post The president-elect is interviewing the author of a chapter of Project 2025 for a senior administration posting.washingtonpost.com
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Retail giant Target lowers holiday expectations, even as a rival thrives The day after Walmart predicted a strong fourth quarter, Target forecast a flat holiday shopping season as shoppers look for cheaper items.washingtonpost.com
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How Trump’s tariffs could spark a trade war and ‘Europe’s worst economic nightmare’ European countries could be among those hardest hit if Trump follows through on tariffs. The European Union says it wants to negotiate but is prepared to retaliate.washingtonpost.com
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Behind on retirement savings? Here’s how you can save more in 2025. If you’re in your early 60s and have a 401(k), 403(b) or other workplace retirement account, you can supersize your contributions — to as much as $34,750.washingtonpost.com
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New job? You may be leaving behind thousands in 401(k) savings. People receive on average a pay bump of 10 percent when they switch jobs, but the amount they stash in their 401(k) accounts often drops.washingtonpost.com