Investor group cancels deal to buy Weinstein Co.

A group of investors pulled out of a deal to buy the beleaguered Weinstein Co. on Tuesday after discovering tens of millions of dollars in undisclosed debt, according to people familiar with the negotiations. Businesswoman Maria Contreras-Sweet, who has been leading the group of buyers along with billionaire investor Ron Burkle, said in a statement […]

Trump’s Tariff Plan Leaves Blue-Collar Winners and Losers

President Trump’s announcement that he planned to impose steep tariffs on imported steel and aluminum delighted some blue-collar industries he had championed. “Enthusiastic and gratified are probably understatements,” said Michael A. Bless, the president of Century Aluminum. Behemoth steel buyers like Boeing and General Motors weren’t as pleased. Their shares fell on the news, and […]