Today news NYT > Business
Suit Seeks to Block N.C.A.A. Limits on Athletic Donors
The attorneys general in Tennessee and Virginia are asserting that the N.C.A.A. has no right to stop boosters of college sports teams from paying pla…
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Federal Reserve Meeting: Fed Keeps Rates Steady
The Federal Reserve left interest rates unchanged on Wednesday, but also made it clear that it needs to see more progress on inflation before reducin…
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Interest Rate Cuts Could Be a Boon to Biden
The Federal Reserve is independent of the White House, but lower rates could improve the president’s standing among voters. from NYT > Business …
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Tax Bill Moves Forward, but Election-Year Politics Threaten Its Chances
Republicans planned on Wednesday to push a $78 billion bipartisan tax bill through the House. The effort is a test of whether a dysfunctional Congres…
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Patagonia Is Spending Millions on Conservation and Politics
$71 million of the clothing company’s earnings have been used since September 2022 to fund wildlife restoration, dam removal and Democratic groups. …
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Citi Is Sued by New York State Over Account Transfer Fraud
New York’s attorney general said the bank failed to protect its customers from hackers who, in some cases, stole their life savings and college funds…
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Neuralink Implanted a Device in a Patient’s Brain, Elon Musk Says
The billionaire said his company’s first product, called Telepathy, would let a person control a phone or computer “just by thinking.” from NYT >…
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Norfolk Southern Agrees to Try Out Federal Safety Reporting Program
The company, which operated the train that derailed in East Palestine, Ohio, is the first major freight railroad to join a federal program that allow…
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Pandora Now Only Sources Recycled Metals for Its Jewelry
Is that as good as it sounds? from NYT > Business https://ift.tt/cTxMULV
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Sundance Film Festival Ends With Plenty of Sales, Despite Slow Start
The festival, seen as a barometer for the overall health of the film industry, featured several movies and documentaries snatched up by studios and s…
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Real Estate Giant China Evergrande Will Be Liquidated
After multiple delays and even a few faint glimmers of hope, a Hong Kong court has sounded the death knell for what was once China’s biggest real est…
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Sex Assault Claims Against Vince McMahon Shadow a W.W.E. Trying to Move Forward
Several high-profile deals have the company well-positioned for years to come, but legal entanglements involving Vince McMahon, its co-founder and lo…
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Ring to Stop Allowing Police to Request Videos From Security Cameras
Ring, a maker of internet-connected cameras that is owned by Amazon, said the police could no longer ask people to share video recordings using the c…
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Since the East Palestine, Ohio, Train Derailment, Accidents Have Risen
The total number of accidents for the top five freight railroads increased, and Congress still hasn’t passed legislation to prevent similar disasters…
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Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit
The buyout giant KKR pioneered a model of granting ownership stakes to employees at portfolio companies. Now it wants the approach to spread. from …
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The Quiet Luxury of South Korea’s Postpartum Care Centers
Some new mothers say postpartum care centers are the best part of childbirth in South Korea, where fewer people are deciding to have children because…
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Jon Franklin, Pioneering Apostle of Literary Journalism, Dies at 82
He won two Pulitzer Prizes by transforming accounts of doctors at work into in-depth, narrative articles that read like dramatic short stories. fro…
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Apple Takes Messaging Crackdown to Customers’ Macs
Beeper Mini customers were using their Mac computers to connect to iPhone messaging on their Android phones. Now, they say Apple has blocked the mess…
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Worries in Europe Over the White House Move to Delay Gas Terminals
The Biden administration’s decision to review new liquefied natural gas projects for their impact on climate change could be a headache for overseas …
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Bernard Arnault Names 2 More Sons to LVMH Board, Cementing Family Control
The move by France’s richest man extends a carefully-planned succession strategy for the world’s biggest luxury company. from NYT > Business htt…
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Yellen Hits Trump Over Handling Of Economy
The Treasury Secretary acknowledged that consumer prices, which have weighed on economic sentiment, continue to be too high. from NYT > Business…
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Apple Overhauls App Store in Europe, in Response to New Digital Law
A new E.U. law taking effect in March forced Apple to loosen its grip on the App Store, changes it had long resisted. from NYT > Business https:…
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Business Insider Laying Off 8% of Staff
In an internal note about the job cuts, the company’s chief executive cited its plan to shift focus solely to news coverage of business, tech and inn…
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Katherine Maher Named C.E.O. of NPR
Ms. Maher was previously chief executive of the Wikimedia Foundation, a nonprofit that supports the online encyclopedia Wikipedia. from NYT > Bu…
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Biden to Receive U.A.W. Endorsement With Conference Speech
The group, which endorsed President Biden in the 2020 election, is expected to deliver their official approval months after the president joined pick…
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Making VR Headsets Cool Won’t Be Easy, Even for Apple
Starting with Google Glass, all have been plagued with the same issues, even as Apple plunges into the market with its Vision Pro. from NYT > Bu…
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TurboTax Can No Longer Advertise Products as Free, F.T.C. Says
About two-thirds of taxpayers did not qualify for the free service. The disclaimers that it was not free for all were often “ineffective and often in…
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Los Angeles Times to Slash Newsroom by Over 20%
The layoffs represent the biggest newsroom reduction since the biotech billionaire Patrick Soon-Shiong bought the company in 2018. from NYT > Bu…
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‘We’re All Climate Economists Now’
With climate change affecting everything from household finances to electric grids, the profession is increasingly focused on how society can mitigat…
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Tensions Erupt at Los Angeles Times as Owner Weighs Deep Cuts
The biggest news organization on the West Coast has been roiled by the potential layoffs of roughly 100 newsroom employees. from NYT > Business …
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New Hampshire Officials to Investigate A.I. Robocalls Mimicking Biden
The calls, in a voice most likely artificially generated, urged people not to vote in Tuesday’s primary. from NYT > Business https://ift.tt/W7Vf…
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Digital World Shares Surge as Republican Primary Field Narrows
Shares of the SPAC that plans to merge with Trump Media jumped after Donald Trump’s rival Ron DeSantis quit the primary race. from NYT > Busines…
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Global Galleries Return to an Expanding London Scene
After a four-year break, the collaborative exhibition Condo is again luring international dealers to the city, where contemporary art is buoyant, aga…
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How One DEI Initiative Changed Course With the Times
Amid a fresh backlash against D.E.I. efforts, OneTen met resistance as a program for Black workers only. It has shifted its emphasis to “equity for a…
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Trump Campaign Bars an NBC Reporter From a New Hampshire Event
NBC’s Vaughn Hillyard, who was representing a pool of five major TV networks, said the Trump campaign objected to his presence. from NYT > Busin…
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Newspapers Stolen After Reporting on Rape Investigation at Police Chief’s Home
More than 200 copies of The Ouray County Plaindealer, a weekly newspaper in Colorado, were stolen after it published a front-page article about the i…
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War Has Already Hurt the Economies of Israel’s Nearest Neighbors
The impact on global growth of the Middle East violence has so far been contained. That’s not the case for Egypt, Lebanon and Jordan, which were alre…
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Where Textile Mills Thrived, Remnants Battle for Survival
Apparel makers in the Carolinas say trade policy must change because of a boom in tariff-free shipments to U.S. consumers from foreign manufacturers.…
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The Hottest Buzzword in Wellness Seeps Into Real Estate
Communities certified as “blue zones,” a concept that promotes healthy living and longevity, are multiplying, but some wonder if the movement is just…
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Electric Vehicle Charging Tax Credits Will Be Available in Much of Country
Biden administration officials opted to make a broad set of locations eligible for the tax credits, covering much of the country outside of major cit…
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Stocks Are in a Bull Market. What Does That Mean?
It doesn’t mean stocks will continue to rise indefinitely, but it does reflect a generally optimistic outlook on Wall Street. from NYT > Busines…
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Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fe…
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Sports Illustrated Thrown Into Chaos With Mass Layoffs
The company’s owner has been plunged into a maelstrom in recent weeks as its senior executives have been forced out. from NYT > Business https:/…
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Billionaires Wanted to Save the News Industry. They’re Losing a Fortune.
Time magazine, The Washington Post and The Los Angeles Times — owned by Marc Benioff, Jeff Bezos, and Dr. Patrick Soon-Shiong — are still losing mone…
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SpaceX Axiom Astronaut Launch: How and When to Watch
Astronauts from Italy, Sweden and Turkey will fly to the International Space Station on a commercially chartered mission on Thursday. from NYT >…
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What to Know About the Federal Law at the Heart of the Latest Supreme Court Abortion Case
The federal Emergency Medical Treatment and Labor Act, known as EMTALA, requires hospitals to provide medically necessary care to stabilize patients …
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YouTube Cuts 100 Employees as Tech Layoffs Continue
The layoffs are part of efforts by the video platform’s parent company, Google, to trim costs and bureaucracy as it embraces artificial intelligence.…
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At Art Fraud Trial, Sotheby’s Is Pressed on Role in Sales to Russian Oligarch
The auction house is accused of helping an art dealer who the oligarch says defrauded him in several sales. A Sotheby’s specialist involved in some o…
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What the Supreme Court Fishery Case Could Mean for Federal Agencies’ Power
The case appears poised to be the next step in the conservative legal movement’s multigenerational effort to chip away at the New Deal. from NYT &g…
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Condé Nast Is Folding Pitchfork Into GQ, With Layoffs
Multiple employees at the storied music criticism site “will be leaving the company,” according to a memo from Anna Wintour. from NYT > Business…
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China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers
Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at…
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U.S. Faults Mississippi Poultry Plant in Death of 16-Year-Old
The Occupational Safety and Health Administration cited Mar-Jac Poultry with 17 violations in the death of a teenager who was caught in a machine. It…
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4.3 Million Watched the Emmys, a New Low
The Emmys had a lot going against it, including a ceremony delayed months by the Hollywood strikes, and stiff competition from other events. from N…
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Judge Blocks JetBlue From Acquiring Spirit Airlines
The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition. from NYT > Business https://ift.t…
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Artificial Intelligence, Ukraine, China — The Big Buzz at Davos
C.E.O.s and world leaders gather in the Swiss Alps this year as war, trade risks and disruptive new technologies loom large. from NYT > Business…
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China Premier Li Qiang Says Economy Grew ‘Around 5.2 Percent’
Speaking at the Davos global forum a day before China is set to release economic data, Premier Li Qiang said the economy grew “around 5.2 percent.” …
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Food Marketing in the Ozempic Age
The food industry has long touted its products as impossible to resist. But with a spotlight on the perils of compulsive eating, that tactic is getti…
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Baltimore Sun Sold to Chairman of Sinclair TV Stations
David D. Smith bought the newspaper and its sister publications in a private deal with Alden Global Capital, their owner since 2021. from NYT > …
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Flush With Investment, New U.S. Factories Face a Familiar Challenge
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk…
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Travelers Look for Deeper Experiences With Native Cultures
Around the globe, travelers are looking to get beyond superficial interactions with Native cultures for more in-depth experiences, like tours led by …
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‘Mean Girls’ Musical Triumphs at Box Office, With a TikTok Assist
The musical rendition of the 2004 original took first place over the holiday weekend, after Paramount used TikTok to introduce young audiences to the…
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How to Win More Games Than Anyone
At 70, Tara VanDerveer will soon be the most successful college basketball coach of all time. She believes in experimentation, asking for help, and t…
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A Few Words About Netflix’s Success: Vivid. Snappy. Tags.
The descriptive tags that the streaming service runs near each title — like “slick” for the show “Suits” — have proved crucial to getting people to c…
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Quaker Oats Recalls More Products Over Potential Salmonella Contamination
Several cereals, granola bars and other snack foods were recalled in December. The company added more products to the list this week. from NYT >…
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Howard Weaver, Who Helped an Alaska Newspaper Win 3 Pulitzers, Dies at 73
The Anchorage Daily News was the smallest newspaper and the first in the state to earn the medal for public service in 1976. It then won two more. …
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Supreme Court to Hear Starbucks Bid to Overturn Labor Ruling
The coffee chain has challenged a federal judge’s order to reinstate a group of union activists who were fired at a store in Memphis. from NYT >…
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Microsoft Tops Apple to Become Most Valuable Public Company
The shift is indicative of the importance of new artificial intelligence technology to Silicon Valley and Wall Street investors. from NYT > Busi…
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At Sam’s Club, a Human Will No Longer Check Your Receipt at the Door
Instead, artificial intelligence technology will scan carts, the company says, eliminating annoying bottlenecks at the exit. from NYT > Business…
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Trump’s Dominance and Snowy Weather Put Iowa’s Caucus Economy on Ice
Republican candidates have spent heavily in Iowa, but the state is seeing fewer visitors, and winter storms have upended events and travel plans. f…
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Hertz Sells 20,000 Electric Cars After Being Burned by Tesla’s Price Cuts
The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars. from N…
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Trump’s Press Conference Aired as His Civil Fraud Trial Comes to a Close
The coverage was a stark reminder that the former president’s legal troubles offer an outsize media platform as he pursues the Republican nomination.…
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Fruit Stripe Gum, Famous for Short Bursts of Flavor, Is Discontinued
Its disappearance from store shelves after more than 50 years invited nostalgic posts on social media. “Best two seconds of flavor you’ve ever had,” …
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Cockpit Recording’s Erasure Hampers Boeing 737 Max 9 Investigation
Cockpit voice recorders in the U.S. start rerecording every two hours, a limit that the National Transportation Safety Board says should be extended …
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Alaska Airlines and Passengers Face More Disruption Over Boeing Plane
The airline has grounded 20 percent of its fleet and canceled hundreds of flights until the 737 Max 9 can undergo safety inspections. from NYT >…
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Regulators Approve New Type of Bitcoin Fund, in Boon for Crypto Industry
The Securities and Exchange Commission authorized financial firms to offer a Bitcoin investment product that some hope will accelerate adoption of th…
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S.E.C. Social Media Hack That Sent Bitcoin Soaring Prompts Investigation
Legal experts said investigators would look into how the security breach occurred and whether anyone tried to profit from it. from NYT > Busines…
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Boeing 737 Max 9 Safety Inspections Delayed
The Federal Aviation Administration said Boeing’s instructions for how airlines should check the planes was insufficient and the company would revise…
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Jewish Group Assails Film Academy’s Diversity Efforts
An open letter signed by notable actors and producers criticized the organization for not including Jews as an underrepresented group as part of a ne…
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Editor of Los Angeles Times Steps Down
Kevin Merida, who took over the job in 2021, said in an internal note that his last day would be on Friday. from NYT > Business https://ift.tt/C…
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Fox News and Trump Go Live Wednesday for First Time in 2 Years
A town hall in Iowa on Wednesday is the network’s first live interview with the former president in nearly two years, the latest twist in a long-runn…
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JetBlue Chief Executive to Step Down
Robin Hayes described the decision to retire as “bittersweet,” and suggested that unspecified health concerns had driven it. from NYT > Business…
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Golden Globes 2024 Draws 9.4 Million Viewers
The number of viewers was higher than last year, but still down significantly compared with prepandemic audience totals. from NYT > Business htt…
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Moon Lander Malfunctions After Launch, Raising Questions for NASA
After a flawless launch to orbit, the privately built robotic Peregrine lander is unlikely to reach the lunar surface because of a failure in its pro…
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Airlines to Inspect Boeing 737 Max 9 Planes
Boeing and the Federal Aviation Administration issued technical instructions to airlines two days after a part of a plane was blown out near Portland…
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Boeing Max 9 Plane Had Been Barred From Long Flights Over Water
Alaska Airlines restricted the use of the plane, which lost part of its fuselage on Friday, because of a warning light that went off on previous flig…
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Boeing Max 9 Jets Remain Grounded as Airlines Await Inspection Instructions
Two days after a chunk of the fuselage blew out of one of the planes, the F.A.A. and the aircraft maker are still negotiating what to tell the airlin…
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Norby Walters, 91, Dies; Music and Sports Agent Who Ran Afoul of the Law
He ran a highly successful booking agency, but his secret contacts with college athletes led to convictions (later reversed) for racketeering and fra…
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‘Color Purple’ Struggles at Box Office After Big Christmas Opening
The musical adaptation of the Pulitzer Prize-winning novel seemed an instant hit, but it sold less than $5 million in tickets in its second weekend. …
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American Unions Long Backed Israel. Now, Some Are Protesting It.
The shift reflects a broader generational change, and has exposed philosophical rifts in the labor movement about what the purpose of a union ought t…
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How a Millennial Estée Lauder Built a Widely Popular Beauty Brand
Karissa Bodnar played on her customers’ desire to belong to something bigger than … well, beauty. from NYT > Business https://ift.tt/UAseF3M
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F.A.A. Orders Airlines to Ground Some Boeing 737 Max 9 Jets After Midair Emergency
An Alaska Airlines plane made an emergency landing at the Portland, Ore., airport on Friday after losing a chunk of its body, terrifying passengers. …
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Barbara Lynch Has Closed Most of Her Boston Restaurants
The prolific chef, who was accused of mistreating employees, has shuttered her most prestigious kitchen, Menton, and four others. from NYT > Bus…
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Student Loan Payment Restart Troubled by Long Hold Times and Wrong Billing Statements
The Education Department reduced payments to its loan servicers as the consumer bureau spotlighted mistakes. from NYT > Business https://ift.tt/…
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U.S. Added 216,000 Jobs in December, Outpacing Forecasts
Hiring has throttled back from 2021 and 2022, but was impressive last year by longer-term standards. from NYT > Business https://ift.tt/bmZp2nV�…
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The Messenger, Which Aimed to Transform Media, Faces Dire Financial Straits
The company, which debuted last year with big plans to disrupt journalism, generated only $3 million in revenue by the end of December. from NYT &g…
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Russian Oligarch Takes Sotheby’s to Court as Art World Watches
At trial next week, Dmitry Rybolovlev is set to accuse Sotheby’s of helping an art dealer trick him into wildly overspending for works, a claim the c…
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Jeffrey Epstein Court Documents With Names of His Associates Are Unsealed
The court documents include unredacted names of the disgraced financier and sex-offender’s associates, most of which had been widely publicized alrea…
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Why London’s Tube Is Shutting Down Next Week
Large strikes by workers on the London Underground are expected to cripple the capital’s transportation network for several days. from NYT > Bus…
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Epstein Documents Naming Prominent Figures Expected to Be Released Soon
The documents, related to a lawsuit involving Ghislaine Maxwell, an associate of the disgraced financier Jeffrey Epstein, are anticipated to include …
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Disney Gains Support From ValueAct Capital as Nelson Peltz Challenges Board
ValueAct Capital, known for working constructively with boards, said it would support the media giant’s director nominees amid a challenge by Nelson …
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D.E.I. and Donor Pressures Weigh on Harvard
The resignation of Claudine Gay as Harvard’s president reopens the debate over who should run America’s elite universities. from NYT > Business …
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Will America’s Good News on Inflation Last?
One of the biggest economic surprises of 2023 was how quickly inflation faded. A dig into the details offers hints at whether it will last into 2024.…
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The Messenger Plans Layoffs Amid Hunt for Cash
The company, an aggressive entrant to the digital news space, is expected to cut roughly two-dozen employees this week. from NYT > Business http…
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Cheddar, the ‘CNBC for Millennials,’ Furloughs Workers
The “post-cable” news network said “unforeseen internal and external factors” caused the sudden work stoppage. from NYT > Business https://ift.t…
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A Stunning Eclipse, a Moon Race and Other Space Events in 2024
In April, people across North America will be able to gaze at a stunning total eclipse. And astronauts may get closer to that promised moon landing. …
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Britain’s Economy Is ‘Not Working.’ Here Are 2 Key Reasons.
The power grid can’t keep up with demand for connections, and local planning authorities can block new construction for years. Overcoming these roadb…
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Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure s…
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I Spent New Year’s Eve Trying to Do the FAFSA. It Didn’t Go Well.
The new, simplified version of the college student aid form was supposed to become available in December. It was, kind of, for some people. from NY…
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China’s BYD Sold 3 Million Electric Vehicles and Hybrids in 2023
Sales by BYD, the country’s dominant automaker, topped 3 million last year, including 1.6 million fully battery-powered cars in a sign of China’s rap…
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Chill in the Housing Market Seeps Into Other Industries
The slowdown in the residential real estate market, a crucial cog in the American economy, is threatening sectors like home improvement and storage. …
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