If you’re just waking up, there has been a tragic plane crash in India, which involved a Boeing 787-8 Dreamliner with 242 people on board. Our colleagues in India and elsewhere are providing updates here. It is a human catastrophe, but we will also be focused on the ramifications for Boeing, whose stock is down about 8 percent in premarket trading.

On Thursday, we’re looking at how the administration’s crackdown on illegal immigration is starting to affect businesses directly. We’re also going deep on fintech’s newest darling, stablecoins. And we take a first look at a big fund-raising round for — of all things — a networking start-up.

Businesses in the immigration cross hairs

President Trump’s crackdown on illegal immigration is rapidly moving beyond Los Angeles, threatening to destabilize companies across the country.

The president has vowed a national effort that is leaving businesses and their employees on edge and economists worried about the long-term growth risks, Danielle Kaye reports.

“One of the main concerns is a loss of valuable workers,” Shanon Stevenson, a partner at the employment law firm Fisher Phillips who specializes in immigration, told DealBook. On Tuesday, she said, she was swamped with calls from businesses across America who fear having to shut down some operations, and potentially losing business and customers.