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China Dangled Rebates to Lure People to Spend. It’s Not Enough.
China’s leaders vowed to kick-start spending by offering subsidies for households to buy cars and appliances. But many consumers aren’t biting. fro…
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Soma Golden Behr, Longtime Senior Editor at The Times, Dies at 84
She was the first woman to serve as the paper’s national editor. She rose to assistant managing editor, generating ideas for prizewinning articles. …
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Chicken Soup for the Soul Entertainment Files Chapter 11
The parent company of Redbox, which rents movies through kiosks, filed for Chapter 11 bankruptcy protection on Friday. from NYT > Business https…
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Justice Department Is Said to Offer Boeing Plea Deal Over 737 Max Crashes
A lawyer for the families of the victims of those crashes in 2018 and 2019 said the tentative deal fell short of what the families had sought. from…
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Costner’s Costly ‘Horizon’ Bites Box Office Dust
“Horizon: An American Saga — Chapter 1” was a distant third at theaters in North America this weekend, as “Inside Out 2” and “A Quiet Place: Day One”…
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Book Review: ‘Madoff: The Final Word,’ by Richard Behar
The journalist Richard Behar communicated extensively with the disgraced financier. His rigorous if irreverent book acknowledges his subject’s humani…
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Ann Lurie, Nurse Who Became a Prominent Philanthropist, Is Dead at 79
A former hippie who chafed at wealth, she married a Chicago real estate titan and, after his death, donated hundreds of millions in her adopted city …
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Student Loan Payments Paused for 3 Million Enrolled in SAVE Plan
The Education Department said it would put the borrowers in forbearance while it recalculated their payments to comply with recent court rulings. f…
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Supreme Court’s Chevron Ruling Limits Power of Federal Agencies
A foundational 1984 decision had required courts to defer to agencies’ reasonable interpretations of ambiguous statutes, underpinning regulations on …
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Michael Jackson Died With $500 Million in Debt
Jackson owed about $40 million to the tour promoter A.E.G. in 2009, his estate’s executors said in a court filing. They said all the debts have been …
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Jamie Kellner, TV Executive Who Started Fox and WB, Dies at 77
With an emphasis on younger viewers, he established the networks as serious rivals to ABC, CBS and NBC, which had ruled television for nearly 40 year…
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New Covid Shots Recommended for Americans 6 Months and Older This Fall
As the virus continues to mutate, scientific advisers to the C.D.C. are urging Americans to roll up their sleeves again for annual vaccinations. fr…
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Trump Biopic ‘The Apprentice’ Nears Distribution Deal
“The Apprentice,” a dramatized origin story about Donald J. Trump, has faced fierce criticism from the former president and his allies. from NYT &g…
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AT&T, Verizon and T-Mobile Users Hit by Service Outage in Europe
The disruption affected mostly visitors with AT&T, T-Mobile and Verizon service, cutting them off data networks across the continent for 24 hours…
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Prominent Lawyer Roberta Kaplan Departs Firm After Clash With Colleagues
The well-connected attorney, who founded a powerhouse firm at the dawn of the #MeToo era, has faced complaints that she mistreated and insulted other…
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Banks Could Weather Even Extreme Economic Tumult, Fed Finds
The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall. from NY…
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Identity Theft Case Backlog at IRS Leads to Delayed Tax Refunds
The National Taxpayer Advocate criticized the agency for being too slow to resolve cases, leaving victims waiting years for their refunds. from NYT…
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Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.…
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Volkswagen Will Invest Up to $5 Billion in Rivian
The German automaker and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and o…
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Boeing Is Said to Offer Stock to Buy Spirit, Preserving Cash Amid Struggles
The plane maker is expected to soon strike a deal to acquire most of the operations of Spirit AeroSystems, a troubled supplier that makes the bodies …
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Inside Nvidia’s $500 Billion Wipeout
The chipmaker’s stock has tumbled in recent days, a reminder that the artificial intelligence stock boom could be tough to sustain. from NYT > B…
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Microsoft Teams Bundle Hit With E.U. Antitrust Charges
The tech giant has been accused of stifling competition by packaging its video conferencing app with other tools like Word and Excel. from NYT >…
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Where Have All the Chinese I.P.O.s Gone?
Chinese companies’ stock market listings once flooded Wall Street. These days, China’s initial public offerings are in a drought. from NYT > Bus…
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Parts of Biden’s SAVE Student Loan Plan Are Blocked by Judges
A part of the SAVE plan that would have cut monthly bills for millions of borrowers starting on July 1 was put on hold. from NYT > Business http…
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Fire at Lithium Battery Plant in South Korea Kills at Least 16
Six other workers were missing, and officials feared that the death toll would rise as emergency personnel searched the site. from NYT > Busines…
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In This Debate, CNN Is the Decider
One network is in charge of every aspect of the Biden-Trump debate, a major shift from previous years. Tens of millions of viewers are expected to be…
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Japan and South Korea Are Fighting Over an App at a Tense Time
SoftBank and Naver helped bridge geopolitical relations with a joint venture to own the operator of the messaging app Line, but now the partnership i…
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How Pet Care Became a Big Business
People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth bil…
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Luxury Gyms, Like Equinox and Life Time, Are Taking Over Big Retail Spaces
High-end gyms, many of which used to be an amenity, are now the star attraction, offering hotel rooms and workspaces as part of their appeal. They’ve…
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Hidden Stashes: Keeping Money Secrets From a Loved One
People hide money for a variety of reasons, from nefarious to romantic. But financial experts say such secrets can erode a basic pillar of relationsh…
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DeSantis Vetoes All Arts Grants in Florida
Gov. Ron DeSantis gave no explanation for zeroing out the $32 million in grants that were approved by state lawmakers. from NYT > Business https…
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Anthony O’Reilly, Flashy Irish Tycoon Who Led Heinz Company, Dies at 88
He found success on the rugby pitch and in boardrooms, building a media empire and boosting Heinz’s profits. He declared bankruptcy after his venture…
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American Express Buys Tock to Pursue Customers Shelling Out on Dining
The credit card company acquired Tock, a restaurant reservation company, after buying its rival, Resy, in 2019. from NYT > Business https://ift.…
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New Home Construction Slows as Mortgage Rates Remain High
Home building in May fell to its slowest pace in four years despite a supply shortage. That trend could put even greater strain on buyers. from NYT…
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TikTok Lays Out Past Efforts to Address U.S. Concerns
The company said the disclosures support its argument that a law signed by President Biden in May is unconstitutional. from NYT > Business https…
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Democrats’ Dream of a Wealth Tax Is Alive. For Now.
A narrow Supreme Court ruling left the door open for Congress to expand taxes on billionaires, but it’s not a guarantee. from NYT > Business htt…
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Reimagining a Retirement Fit for Boomers, and Those Who Are Next
The people who grew up with the Mouseketeers are now becoming re-imagineers. A Q. and A. with Michael Clinton, author of a book about second acts. …
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Spicy Noodles and Pickled Fish: Chinese Eateries Move Into Hong Kong
As the cultural lines between Hong Kong and China blur, restaurants from the mainland are finding opportunities in the city. But not everyone is happ…
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Inside a Writer’s First Ride on Tiana’s Bayou Adventure at Disney World
When Walt Disney World replaced a ride that was based on a racist film with a new attraction, Brooks Barnes, who covers entertainment, was first in l…
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California Moves to Modify Law Letting Workers Sue Employers
Gov. Gavin Newsom announced a deal with business and labor leaders heading off a ballot measure to repeal the law, which has cost companies billions.…
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Amazon Is Fined Nearly $6 Million Over Warehouse Work Quotas
California officials cited failures to disclose productivity requirements at two locations. The company said it would appeal. from NYT > Busines…
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Nvidia Becomes Most Valuable Public Company, Topping Microsoft and Apple
The chip maker’s stock price has jumped over the last year thanks to its stranglehold on the market for the chips needed to build A.I. systems. fro…
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U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years
Congressional Budget Office projections released on Tuesday show a grim fiscal backdrop ahead of tax and debt limit fights. from NYT > Business …
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Exxon Suit Over Activist Investor’s Climate Proposal Is Dismissed
A federal judge ruled that the case was moot after the investor, Arjuna Capital, withdrew the proposal with a promise not to try again. from NYT &g…
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Tony Awards’ Viewership Slips Lower
Sunday’s show had the second-lowest viewership for a Tonys telecast since records have been kept. from NYT > Business https://ift.tt/Tnr50vx
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The Washington Post Delves Into a Difficult Story: Itself
The newspaper has been reeling from successive revelations about Robert Winnett, its incoming editor, and Will Lewis, its chief executive. from NYT…
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William H. Donaldson, 93, Wall St. Powerbroker Who Led the S.E.C., Dies
He co-founded D.L.J., the first securities firm to offer shares to the public. As S.E.C. chairman, he pressed for a stronger watchdog role after a se…
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Surgeon General Calls for Warning Labels on Social Media Platforms
Dr. Vivek Murthy said he would urge Congress to require a warning that social media use can harm teenagers’ mental health. from NYT > Business h…
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Toyota Investors Challenge Scion’s Grip at a ‘Critical Juncture’
Akio Toyoda ran Toyota for 14 years before handing the reins to a new C.E.O. last year, but some have grown concerned about the control he still wiel…
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As N.B.A. TV Deal Nears, Warner Bros. Discovery Is on the Outside
The company’s TNT channel and the N.B.A. have long been inextricably linked, but that may end after next season. Plus, Charles Barkley is retiring. …
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China’s Lust for Durian Is Creating Fortunes in Southeast Asia
Demand for the fruit, known for its rich taste and intense smell, has reshaped parts of Southeast Asia, where it has long been a staple. from NYT &…
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Will Lewis Is Said to Have Used Stolen Records as Editor in U.K.
Years before becoming the Post’s publisher, Will Lewis assigned an article based on stolen phone records, a former reporter said. from NYT > Bus…
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Lynn Conway, Computing Pioneer and Transgender Advocate, Dies at 86
She made significant contributions at IBM, but she lost her job because of her conviction that she inhabited the wrong body. She later fought for tra…
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Passenger Who Was Restrained With Duct Tape During Flight Faces Record Fine
Federal regulators are seeking $81,950 from a Texas woman who acted erratically and was violent toward crew members during an American Airlines fligh…
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Google C.E.O. Testifies in Ozy Media Founder’s Fraud Trial
Sundar Pichai, the chief executive of Google, said he never discussed a potential acquisition of the digital media start-up. from NYT > Business…
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How Partisan Media Outlets Covered The Latest Inflation Numbers
Conservative media outlets used the new inflation data, which was lower than expected, to criticize President Biden’s handling of the economy. Libera…
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French Stocks Tumble to Worst Week in Two Years Over Election Fears
Investors worry about a possible debt crisis in the country as polls show the far right could be brought to the brink of power in less than a month. …
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Courting C.E.O.s, Trump Says He Intends to Cut Corporate Taxes Again
Donald Trump cut the business tax rate to 21 percent from 35 percent in 2017. Speaking privately to business leaders, he said if he retook power, he …
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F.A.A. Administrator Says Previous Oversight of Boeing Was ‘Too Hands-Off’
Mike Whitaker, who heads the agency, told a Senate panel that changes were being made to the agency’s oversight of the plane manufacturer, including …
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Fake News Still Has a Home on Facebook
Christopher Blair, a renowned “liberal troll” who posts falsehoods to Facebook, is having a banner year despite crackdowns by Facebook and growing co…
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Pay $1 to Hear Wu-Tang Clan’s Secret Album (Eventually)
An online art collective that spent $4 million on “Once Upon a Time in Shaolin” is telling fans their purchases will accelerate the one-of-a-kind alb…
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NBA’s Adam Silver Says Jerry West Is the League’s Logo
After decades of the league having avoided the issue, Commissioner Adam Silver said what most people knew all along: It is Jerry West in the league’s…
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Sony Pictures Acquires Alamo Drafthouse in Lifeline to Cinema Chain
The deal is the first time in half a century that a traditional Hollywood studio will own a movie theater chain. from NYT > Business https://ift…
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The Fed Holds Rates Steady and Predicts Just One Reduction This Year
Federal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation. f…
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Paramount’s Deal With Skydance Falls Apart
There were several hitches in the last week as Skydance, Paramount and its parent company, National Amusements, reached the final stages of negotiati…
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Macron’s Call for Elections in France Adds to Fears of Financial Woes
Moody’s ratings agency warned of a downgrade on French debt, saying the move could worsen France’s finances by creating “a polarized political enviro…
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For These Pritzker-Winning Women Architects, It’s a Time of ‘Catching Up’
Yvonne Farrell and Shelley McNamara of Dublin’s Grafton Architects are forging a path in an industry that continues to be dominated by men. from NY…
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Four Tops Singer Sues Hospital Over Being Put in Restraints
The lawsuit by Alexander Morris, who joined the group six years ago, said the staff thought he was “delusional” when he told them he was in the Motow…
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Advisory Panel of Experts Endorses F.D.A. Approval of New Alzheimer’s Drug
The modest benefits of the treatment, donanemab, made by Eli Lilly, outweigh the risks, the panel concluded unanimously. from NYT > Business htt…
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U.A.W. Reaches Accord on Pay and Safety at E.V. Battery Plant
The agreement, if ratified, will cover 1,600 workers making batteries for General Motors in Ohio. The union said it would be a model for efforts else…
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Apple Intelligence Revealed at WWDC 2024 as Company Jumps Into AI Race
While other big tech companies have aggressively tried to add artificial intelligence into products, the iPhone maker has taken a more cautious appro…
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Law Enforcement Unit Formed to Crack Down on Illegal E-Cigarettes
Agents from various federal agencies will focus on unauthorized candy-flavored and nicotine-laden vapes that have flooded the U.S. market from overse…
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Destinations Where the Dollar Buys More
American travelers going abroad this summer will find their money buys more in some unexpected countries, including Japan and Australia. from NYT &…
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Strasbourg for Book Lovers
Bibliophiles will find plenty of centuries-old tomes, graphic novels, modern works and more in this French city, which also happens to be this year’s…
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What Retail Apocalypse? Shopping Centers Are Making a Comeback.
Vacancy is the lowest it has been in two decades, at 5.4 percent, according to a recent report. The properties are thriving even as retailers like Ma…
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Kia Recalls Telluride SUV Over Fire Risk; Urging Owners to Park Outside
About 460,000 vehicles could be affected by the recall, which stems from a problem with the vehicle’s front power seat motor. from NYT > Busines…
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Roaring Kitty Came Back to Talk GameStop. Shares Plunged.
Keith Gill, the investor who spurred the meme stock mania in 2021, attracted a huge audience for his public return Friday. But his favorite buy dropp…
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Alex Jones Seeks to Liquidate His Assets to Pay Damages to Sandy Hook Families
But money to the families would fall far short of the more than $1.4 billion they were awarded by juries for Mr. Jones’s lies about the 2012 school m…
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How Partisan Media Outlets Covered Biden’s Immigration Order
Conservative media outlets criticized the executive order as being too lenient, while the liberal outlets that covered it said it was harmful to migr…
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Andy Cohen, Fran Lebowitz and Others Gather for Little Island Performance
Andy Cohen, Fran Lebowitz and hundreds more gathered at Little Island, Barry Diller’s one-of-a-kind park on the Hudson River, for a new dance perform…
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Mike Lynch, U.K. Tech Mogul, Is Acquitted of Fraud
Mr. Lynch, who was accused of defrauding Hewlett-Packard after it paid $11 billion for his software company, spent a decade working to clear his name…
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Boeing’s Starliner Overcomes Malfunctioning Thrusters to Dock at Space Station
Two NASA astronauts, Butch Wilmore and Suni Williams, opened the hatch of the spacecraft and boarded the outpost in orbit. from NYT > Business h…
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T.D. Allman, Assertive Globe-Trotting Journalist, Dies at 79
Reporting from more than 80 countries, he combined close observation with sharp conclusions that pointed the finger at misdeeds or abuse of power. He…
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Clash Over Phone Hacking Article Preceded Exit of Washington Post Editor
Will Lewis, the chief executive of The Washington Post, objected to coverage of a legal development involving him in a phone hacking case. from NYT…
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New Covid Vaccine Endorsed for Fall
The panel endorsed targeting a variant of the coronavirus that is now receding, though some officials suggested aiming at newer versions of the virus…
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Boeing Carries NASA Astronauts to Orbit in ‘Milestone’ Starliner Flight
The launch marks a long-delayed win for the aerospace giant, and the next step in NASA’s reliance on the private sector for its human spaceflight pro…
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OpenAI Whistle-Blowers Describe Reckless and Secretive Culture
A group of current and former employees is calling for sweeping changes to the artificial intelligence industry, including greater transparency and p…
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Ron Edmonds, 77, Whose Camera Captured the Shooting of Reagan, Dies
Working for The Associated Press, he won a Pulitzer Prize for his sequence of photos showing the president being struck by a bullet while three other…
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FDA Panel Rejects Use of MDMA for Treatment of PTSD
An independent group of experts expressed concerns that the data from clinical trials did not outweigh risks for treatment of post-traumatic stress d…
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Muhammad Ali’s Childhood Home Goes on the Market
The boxing champion lived in the one-story house in Louisville, Ky., which in recent years became a museum. It’s listed for sale, along with two neig…
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The Low-Key British Newshound Taking Charge of The Washington Post
Robert Winnett is virtually unknown in the U.S. and keeps a low profile in his native Britain, too. This fall, he will oversee the newsroom of Woodwa…
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Marc Jacobs Said He Was Bullied By Protesters Into Renouncing Fur
The designer Marc Jacobs said he was bullied into renouncing fur — which he claims his brand stopped using in 2018 — after activists targeted his emp…
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C.F.P.B. to Create ‘Corporate Offender’ Registry
Most companies will be required to report government and court orders penalizing them for consumer protection violations. from NYT > Business ht…
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Juror in Charity Fraud Case Received Bag With $120,000
A stranger dropped off cash at a juror’s house and offered more if she voted to acquit defendants charged with defrauding federal food programs. fr…
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Jon Stewart and Rachel Maddow Are Luring Liberals Back to cable TV
Once a week, Rachel Maddow and Jon Stewart are luring viewers back to basic cable. from NYT > Business https://ift.tt/kESZAR8
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Washington Post Editor Sally Buzbee to Step Down
Matt Murray, the former editor in chief of The Wall Street Journal, will take her place. from NYT > Business https://ift.tt/F3LjTqw
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A Sticking Point in Paramount and Skydance Talks: Who Pays For a Lawsuit?
A special committee of Paramount’s board of directors supports a merger with Skydance, a studio that has increased its offer in recent days. But the …
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OPEC Plans a Gradual Unwinding of Production Cuts
The group announced after its meeting on Sunday that it would be extending production cuts into 2025 and laid out plans for phasing out voluntary cut…
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They Spent Their Life Savings on Life Coaching
Some people who wanted to improve their lives and careers through coaching found themselves trapped in what they described as a pyramid scheme. fro…
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The Floating Traffic Jam That Freaked Us All Out
The coronavirus pandemic schooled the world in the essential role of global supply chains. Have we learned anything from it? from NYT > Business…
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