Posts

Showing posts from October, 2023

Harris to Announce Steps to Curb Risks of A.I.

The vice president plans to flesh out a sweeping executive order President Biden signed this week and push toward global standards at a summit in London. source https://www.nytimes.com/2023/11/01/us/politics/kamala-harris-ai.html

Migrant Workers Propelled China’s Rise. Now Many See Few Options.

Migrant workers, who moved from China’s villages to its big cities, were a secret weapon building the economy. Now many see few options. source https://www.nytimes.com/2023/11/01/business/china-rural-jobs-migrant-workers.html

Panel Tells F.D.A. That CRISPR Sickle Cell Cure Is Safe Enough for Patients

The decision by an advisory committee may lead to Food and Drug Administration approval of the first treatment for humans that uses the CRISPR gene-editing system. source https://www.nytimes.com/2023/10/31/health/sickle-cell-fda-cure-crispr.html

Sam Bankman-Fried Denies Knowing FTX Money Was Missing, as He Concludes Testimony

The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial. source https://www.nytimes.com/2023/10/31/technology/sam-bankman-fried-testify-ftx-money.html

F.D.A. Experts Will Vote on Safety of a Cure for Sickle Cell Disease

The treatment from the company Vertex would be the first medicine to use the gene editing tool CRISPR. source https://www.nytimes.com/2023/10/30/health/sickle-cell-treatment-fda.html

Hearing Aids Are More Affordable, and Perhaps More Needed, Than Ever

Over-the-counter devices have been available for a year now. New research suggests they may have unexpected benefits. source https://www.nytimes.com/2023/10/30/health/hearing-aids-dementia.html

Prosecutors Turn Sam Bankman-Fried’s Own Words Against Him

Asked during his cross-examination about his public statements and how he ran his crypto empire, the FTX founder repeatedly said he couldn’t remember. source https://www.nytimes.com/2023/10/30/technology/sam-bankman-fried-fraud-trial-cross-examination.html

Plans to Slash Emissions at Britain’s Largest Steel Plant Cause Unease

Tata Steel wants to close polluting blast furnaces in Port Talbot, Wales, but employees worry that their jobs will go, too. source https://www.nytimes.com/2023/10/30/business/plans-to-slash-emissions-at-britains-largest-steel-plant-cause-unease.html

U.A.W. Says It Aims to Organize Nonunion Auto Plants

After outlining gains for Ford workers in a live-streamed speech, Shawn Fain, the union president, said he was setting his sights on other automakers. source https://www.nytimes.com/2023/10/29/business/uaw-ford-contract.html

Eyedrops From Major Brands May Cause Infection, F.D.A. Says

Target, CVS and Rite Aid are pulling products from shelves after federal investigators found unsanitary conditions and recommended a recall. source https://www.nytimes.com/2023/10/29/us/eyedrops-fda-warning.html

Studios Said to See Progress in Talks With Striking Actors

The entertainment companies are growing optimistic that the work stoppage may end soon, though some issues remain unresolved, people briefed on the matter said. source https://www.nytimes.com/2023/10/29/business/media/26hollywood-actors-strike.html

Tug-of-War Over N.B.A. Rights Provides Glimpse of Media’s Future

The league’s longtime television partners, including ESPN and Turner, are undergoing major changes, which could alter how games are watched. source https://www.nytimes.com/2023/10/29/business/nba-media-rights.html

U.A.W. Reaches Tentative Deal With Stellantis, Following Ford

Stellantis, the parent of Chrysler, Jeep and Ram, and the United Automobile Workers union said they had reached a deal on a new contract similar to the one that the union reached with Ford. source https://www.nytimes.com/2023/10/28/business/economy/uaw-stellantis-contract-deal.html

Chapter 2: Chasing Dreams at a Steep Cost

She escaped an abusive betrothal, but her family’s reputation was suffering for it. source https://www.nytimes.com/2023/10/28/world/asia/india-daughters-women-marriage-economy.html

Did A.I. Write Product Reviews? Gannett Says No.

Writers and editors at Reviewed, a product recommendation website, say that the company used artificial intelligence to create reviews last week. source https://www.nytimes.com/2023/10/27/business/media/reviewed-usa-today-ai-writers.html

Joe Hill, Swashbuckling South Street Seaport Merchant, Dies at 76

His cluttered store selling nautical bric-a-brac was a last link to Lower Manhattan’s seafaring history, before giving way to a tide of “shopping mall” stores. source https://www.nytimes.com/2023/10/27/nyregion/joe-hill-dead.html

Consumers Kept Spending in September, as Inflation Held Steady

Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent. source https://www.nytimes.com/2023/10/27/business/economy/inflation-pce-september.html

Sam Bankman-Fried’s Testimony Is Delayed at Fraud Trial

The founder of the collapsed FTX crypto exchange will testify on Friday, after the judge decided to hold an evidentiary hearing on Thursday. source https://www.nytimes.com/2023/10/26/business/heres-what-to-know-about-the-case.html

Amanda Serrano and Danila Ramos Plan to Show They Can Box by Men’s Rules

When Amanda Serrano and Danila Ramos meet in the ring Friday night, they will spar for 12 three-minute rounds, following the format used for men’s fights. source https://www.nytimes.com/2023/10/26/sports/amanda-serrano-womens-boxing.html

Meta Posts 23% Growth as Ads Rebound, With Profit More Than Doubling

The internet company’s cost cuts also helped lift its financial performance in the most recent quarter. source https://www.nytimes.com/2023/10/25/technology/meta-facebook-quarterly-earnings.html

Is Social Media Addictive? Here’s What the Science Says.

A major lawsuit against Meta has placed a spotlight on our fraught relationship with online social information. source https://www.nytimes.com/2023/10/25/health/social-media-addiction.html

Justice Thomas’s R.V. Loan Was Forgiven, Senate Inquiry Finds

The justice failed to repay much, perhaps all, of the $267,230 loan. His benefactor wiped the slate clean, with ethical and potential tax consequences. source https://www.nytimes.com/2023/10/25/us/politics/clarence-thomas-rv-loan-senate-inquiry.html

In Vietnam, You Can Take a Cable Car to the Colosseum

The country is in the middle of a cable-car bonanza, much of it driven by the over-the-top developments of the Sun Group, which feature giant Buddhas, ersatz European enclaves and selfie spots galore. source https://www.nytimes.com/2023/10/25/travel/vietnam-cable-cars.html

Senate Confirms Michael Whitaker as FAA Administrator

Michael G. Whitaker, who received bipartisan support, faces the challenge of stabilizing an agency that had been without a permanent leader for more than a year and a half. source https://www.nytimes.com/2023/10/24/us/politics/michael-whitaker-faa-confirmation.html

Why Health Care Workers Are Burning Out

A survey by the Centers for Disease Control and Prevention found that health workers last year experienced significant rates of anxiety and depression. source https://www.nytimes.com/2023/10/24/health/doctors-nurses-burnout.html

Writers Guild Faces Backlash for Not Condemning Hamas Attack

A union leader told members that the board’s viewpoints were varied and that a consensus could not be reached. source https://www.nytimes.com/2023/10/23/business/media/writers-guild-israel-hamas.html

A Push for Tech Hubs in Overlooked Places Picks 31 to Vie for Money

A new federal program will be a test of whether spreading funds outside of big cities will result in economic gains, or in inefficiencies. source https://www.nytimes.com/2023/10/23/business/economy/tech-hubs-overlooked-regions.html

Taylor Swift’s ‘Cruel Summer’ Hits No. 1 after Four Years

The song from Swift’s 2019 album, “Lover,” is a fan favorite that took on new life during her record-breaking Eras Tour. On the album chart, Bad Bunny debuts at the top. source https://www.nytimes.com/2023/10/23/arts/music/taylor-swift-cruel-summer-billboard-chart.html

Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal

The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels. source https://www.nytimes.com/2023/10/23/business/chevron-hess-acquisition.html

How High Interest Rates Sting Bakers, Farmers and Consumers

Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while. source https://www.nytimes.com/2023/10/23/business/economy/interest-rates-economy.html

LinkedIn issues warning to a site shaming pro-Palestinian sentiment.

The site listed thousands of people and grouped them by their workplaces after they posted on the Israeli-Hamas conflict. source https://www.nytimes.com/2023/10/22/world/middleeast/anti-israel-workers-website-linkedin.html

How Much Do Ozempic and Wegovy Cost? Not What You Think.

Drug companies are making billions from a new class of in-demand weight-loss treatments. But the prices are not what they seem. source https://www.nytimes.com/2023/10/22/health/ozempic-wegovy-price-cost.html

Foxconn, China Contractor for Apple, Said to Be Under Tax Audit

Chinese state media outlets say the Taiwanese factory giant is under investigation in four provinces. The company said it treated legal compliance as a “fundamental principle.” source https://www.nytimes.com/2023/10/22/business/foxconn-china-tax-investigation.html

Why Olive Oil Is So Expensive Right Now

Prices have more than doubled as extreme weather hit crops in Spain, Italy and elsewhere. The upcoming harvest isn’t looking much better, so that drizzle of oil on your salad may remain costly. source https://www.nytimes.com/2023/10/22/business/olive-oil-price.html

Actors and Hollywood Studios to Restart Negotiations

Talks aimed at ending the strike by the actors’ union broke up less than two weeks ago, with the two sides saying they remained far apart. source https://www.nytimes.com/2023/10/21/business/actors-studios-strike-talks.html

Martin Goetz, Who Received the First Software Patent, Dies at 93

“I knew at some point in time the patent office would recognize” computer software, he said. It happened in 1968, helping to ignite the software market. source https://www.nytimes.com/2023/10/21/technology/martin-goetz-dead.html

How Do You Charge a Friend for a Professional Favor?

Despite the adage that friends and money don’t mix, the arrangement can have unique benefits — as long as the boundaries are clear. source https://www.nytimes.com/2023/10/21/business/friends-favors-money.html

Treasury Report Shows $1.7 Trillion Deficit

The widening gap between what the government spends and what it earns comes as Congress continues to spar over the proper levels of federal spending. source https://www.nytimes.com/2023/10/20/business/treasury-report-shows-1-7-trillion-deficit.html

Investors Fret as Daunting Bond Market Milestone Comes Into View

The 10-year U.S. Treasury yield has threatened to break above 5 percent for the first time in 16 years, rattling the markets. source https://www.nytimes.com/2023/10/20/business/treasury-bond-yield-5-percent.html

Prospect of Prolonged Israel-Gaza War Adds Economic Havoc to Human Toll

A widening conflict would test Israel’s economic resilience while worsening an already bleak outlook for the Palestinian economy. source https://www.nytimes.com/2023/10/20/business/israel-economy-war-gaza-hamas.html

Jon Stewart’s Show on Apple Is Ending

Mr. Stewart and Apple are parting ways because of creative differences over “The Problem,” people with knowledge of the decision said. source https://www.nytimes.com/2023/10/19/business/media/jon-stewart-the-problem-ends.html

Edward Bleier, Visionary Executive at Dawn of Cable TV, Dies at 94

Seeing untold promise in new technology, he was a prime mover in the creation of the cable industry, helping to transform Time Warner Cable into a giant in the field. source https://www.nytimes.com/2023/10/19/business/media/edward-bleier-dead.html

After Gaza Hospital Blast, News Headlines Shift With Changing Claims

The fast-moving events highlighted the difficulty of covering the war between Israel and Hamas. source https://www.nytimes.com/2023/10/18/business/media/hospital-blast-gaza-reports.html

Tesla’s Price Cuts Lowered Its Profit

The carmaker made less money in the third quarter as it cut car prices to attract buyers amid stronger competition. source https://www.nytimes.com/2023/10/18/business/tesla-third-quarter-earnings.html

Netflix Adds 9 Million Subscribers in Third Quarter

The streaming service also said its premium ad-free service will now cost $22.99 a month. Its option with ads costs $6.99 a month. source https://www.nytimes.com/2023/10/18/business/media/netflix-earnings.html

In Antitrust Trial, Google Argues That Smart Employees Explain Its Success

While the Justice Department says Google has squeezed partners and made expensive deals to maintain its search dominance, the company has a more genteel story to tell. source https://www.nytimes.com/2023/10/18/business/google-antitrust-pandu-nayak.html

Everton Sale Stalls Amid New Questions About 777 Partners

The U.S. firm bidding for the Premier League club, 777 Partners, has failed to provide required information to a British regulator. source https://www.nytimes.com/2023/10/18/world/europe/everton-sale-777-partners.html

China’s Economy Grew More Than Expected Over the Summer

The government invested heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled. source https://www.nytimes.com/2023/10/17/business/china-gdp-q3.html

United Airlines to Board Window Seats Before Middle and Aisle Passengers

The airline said in an internal memo that it would board economy passengers with window seats before others in economy to save time. source https://www.nytimes.com/2023/10/17/business/united-airlines-boarding-window-seats.html

Gen Z Americans Embrace Nostalgia With Miffy, the Dutch Bunny

Hordes of young adults in North America are embracing joy and childhood nostalgia with Miffy, a poker-faced, fictional, Dutch bunny. source https://www.nytimes.com/2023/10/16/style/miffy-dutch-american.html

Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota

Mr. Ford, the executive chairman of Ford Motor, said nonunion automakers would make gains against Michigan automakers because of strikes by the United Automobile Workers union. source https://www.nytimes.com/2023/10/16/business/economy/ford-uaw-strikes-tesla-toyota.html

Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine

The Treasury secretary reassured allies that the Biden administration was not backing away from Ukraine despite opposition in Congress. source https://www.nytimes.com/2023/10/16/us/politics/yellen-ukraine-israel-aid.html

Harvard Cozies Up to #MentalHealth TikTok

As young Americans turn to TikTok for information on mental health, the T.H. Chan School of Public Health at Harvard is building its own team of influencers. source https://www.nytimes.com/2023/10/16/health/mental-health-tiktok-harvard.html

How Nepal’s Deal With China for an Airport Became an Albatross

China called the project a “signature” of its cooperation with Nepal. Insiders and documents reveal the pitfalls of China’s infrastructure-at-any-cost model. source https://www.nytimes.com/2023/10/16/business/nepal-pokhara-airport-china.html

Rite Aid, Facing Slumping Sales and Opioid Suits, Files for Bankruptcy

The pharmacy chain, one of the country’s largest, faces more than a thousand lawsuits that say it filled illegal prescriptions for painkillers. source https://www.nytimes.com/2023/10/15/business/rite-aid-bankruptcy.html

Warning of ‘Grave’ Errors, Powerful Donors Push Universities on Hamas

Wall Street financiers are pressing elite schools to condemn criticism of Israel. Amid pressure, the University of Pennsylvania on Sunday issued a statement referring to Hamas’s attack as terrorism. source https://www.nytimes.com/2023/10/15/business/harvard-upenn-hamas-israel-students-donors.html

Australia Fines X for Not Providing Information on Child Abuse Content

The service formerly known as Twitter told Australian regulators that its automated detection of abusive material had declined after Elon Musk bought it. source https://www.nytimes.com/2023/10/15/technology/x-twitter-child-abuse-fine-australia.html

How a Fertilizer Shortage Is Spreading Desperate Hunger

Across Africa and in parts of Asia, disruption to the supply chain for fertilizer is raising food prices and increasing malnutrition. source https://www.nytimes.com/2023/10/15/business/nigeria-fertilizer-shortage.html

Goodwill Tries to Figure Out Online Commerce

The nonprofit retailer helps provide jobs and training to those in need. But it needs revenue from online sales to help fund its charitable aims. source https://www.nytimes.com/2023/10/15/business/goodwill-goodwillfinds-ecommerce.html

238,000 Ford Explorers Recalled for Defect That Could Cause Rollaway

The company said it was unaware of any injuries related to the affected sport utility vehicles, which were 2020-22 models. source https://www.nytimes.com/2023/10/14/business/ford-explorer-recall.html

At Least 11 Journalists Killed in Israel-Gaza War

Nine Palestinians, one Lebanese and one Israeli have been confirmed dead this week, according to the Committee to Protect Journalists. source https://www.nytimes.com/2023/10/13/business/media/journalists-killed-gaza-israel-war.html

At Least 11 Journalists Killed in Israel-Gaza War

Nine Palestinians, one Lebanese and one Israeli have been confirmed dead this week, according to the Committee to Protect Journalists. source https://www.nytimes.com/2023/10/13/business/media/journalists-killed-middle-east-gaza-israel-war.html

Biden Administration Awards $7 Billion for 7 Hydrogen Hubs Across the U.S.

Clean hydrogen could help fight climate change, but it barely exists today. Now the administration wants to build an entire industry from scratch. source https://www.nytimes.com/2023/10/13/climate/hydrogen-hubs-biden-climate.html

FDA Moves to Ban Sale of Vuse Menthol Vapes

R.J. Reynolds menthol e-cigarettes are top sellers with an estimated $1.6 billion in annual sales. The company vowed to fight the ruling in court. source https://www.nytimes.com/2023/10/13/health/fda-ban-vuse-e-cigarettes.html

Across U.S., Chinese Bitcoin Mines Draw National Security Scrutiny

Microsoft reported one site in Wyoming because of its proximity to a data center and nuclear missile base. Records show other cryptocurrency facilities have ties to the Chinese state. source https://www.nytimes.com/2023/10/13/us/bitcoin-mines-china-united-states.html

Experts Worry as Facial Recognition Comes to Airports and Cruises

Facial recognition software is speeding up check-in at airports, cruise ships and theme parks, but experts worry about risks to security and privacy. source https://www.nytimes.com/2023/10/13/travel/facial-recognition-airports-cruises.html

Florida Deputies Charged With Defrauding Covid Funds of Nearly $500,000

The 17 employees from the Broward Sheriff’s Office in Fort Lauderdale were accused, in separate cases, of falsifying paperwork to collect money from two relief programs. source https://www.nytimes.com/2023/10/12/us/broward-sheriff-covid-loan-fraud-florida.html

Ford Says It Won’t Raise Its Contract Offer to U.A.W.

The company said it had reached the limit of what it could offer to the United Automobile Workers union, which has expanded its strike to Ford’s largest plant. source https://www.nytimes.com/2023/10/12/business/economy/ford-united-automobile-workers-union.html

Green Energy Builders Sought $12 Billion More Subsidies. New York Said No.

The developers will have to decide whether to absorb the higher-than-expected costs or break their contracts with the state. source https://www.nytimes.com/2023/10/12/nyregion/wind-farm-subsidies.html

Inflation Slowdown Remains Bumpy, September Consumer Price Data Shows

Prices are rising at a pace that is much less rapid than in 2022, but signs of stalling progress are likely to keep Federal Reserve officials wary. source https://www.nytimes.com/2023/10/12/business/inflation-cpi-report-september.html

New Laws on Kids and Social Media Are Stymied by Industry Lawsuits

Federal judges in three states have blocked children’s privacy and parental oversight laws, saying they very likely violate free speech rights. source https://www.nytimes.com/2023/10/12/technology/tech-children-kids-laws.html

Jack Daniel’s Whiskey Rebrands

The Tennessee whiskey, long snubbed by connoisseurs and collectors, is suddenly grabbing attention with a series of special releases. source https://www.nytimes.com/2023/10/12/dining/drinks/jack-daniels-whiskey-rebrands.html

Goldman Sachs Sells GreenSky BNPL Business

Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it. source https://www.nytimes.com/2023/10/11/business/goldman-sachs-greensky.html

Federal Reserve Officials Were Cautious in September

Minutes from their last meeting showed that Fed officials saw risks of doing too much — or too little — to tame inflation. source https://www.nytimes.com/2023/10/11/business/economy/federal-reserve-interest-rates-september-minutes.html

Exxon Acquires Pioneer Natural Resources for $60 Billion

The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico. source https://www.nytimes.com/2023/10/11/business/economy/exxon-mobil-pioneer-natural-resources.html

How Two Planes Nearly Collided in Austin, Almost Killing 131 People

Two planes were moments from colliding in Texas, a harrowing example of the country’s fraying air safety system, a New York Times investigation found. source https://www.nytimes.com/2023/10/11/business/air-traffic-control-austin-airport-fedex-southwest.html

China Releases Australian Journalist Cheng Lei

Cheng Lei, a host for China’s international broadcaster, was arrested in Beijing at a time of rising tensions with Australia. Her release signals a warming. source https://www.nytimes.com/2023/10/11/business/media/china-releases-australian-journalist-lei.html

Birkenstock, the German Sandal Maker, Raises $1.48 Billion in Its I.P.O.

Birkenstock is entering the market with hopes to grow its business in Asia and the United States. source https://www.nytimes.com/2023/10/11/business/birkenstock-initial-public-offering.html

The Places That Sam Bankman-Fried Left Behind

Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas. source https://www.nytimes.com/2023/10/10/technology/sam-bankman-fried-ftx-photos.html

Israeli Start-ups Are Joining the Fight Against Hamas

The country is mobilizing 360,000 reservists as it prepares a major offensive in Gaza — including entrepreneurs and their young staff. source https://www.nytimes.com/2023/10/10/business/dealbook/israel-hamas-war-startups.html

Lawsuit Challenges Insurance Restrictions on Weight Loss Drugs Like Wegovy

Many employers and government programs won’t cover costly obesity medications. A lawsuit is challenging one such policy. source https://www.nytimes.com/2023/10/10/business/health-insurance-wegovy-lawsuit-obesity-drugs.html

Fragile Global Economy Faces New Crisis in Israel-Gaza War

A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.” source https://www.nytimes.com/2023/10/10/business/economy/global-economy-israel-gaza-war.html

Country Garden, Chinese Real Estate Giant, to Miss Debt Payments

The property giant was unable to repay a loan and signaled it would default on its debt, becoming one of the biggest casualties of China’s deepening property crisis. source https://www.nytimes.com/2023/10/10/business/country-garden-default-china-real-estate-crisis.html

Everton, 777 and the Business of Premier League Soccer

777 Partners had been scooping up big-name soccer teams for two years when it bid for Everton. Doubts about its finances could kill the deal. source https://www.nytimes.com/2023/10/10/world/europe/everton-777-premier-league.html

Samsung and SK Hynix Get U.S. Waivers From Export Curbs

A government official in Seoul said the decision settled a trade issue that threatened to impede the China operations of Samsung and SK Hynix. source https://www.nytimes.com/2023/10/09/business/samsung-sk-hynix-us-chip-export-controls.html

Charles Feeney, Who Made a Fortune and Then Gave It Away, Dies at 92

After piling up billions in business, he pledged to donate almost all of his money to causes before he died. He succeeded, and then lived a more modest life. source https://www.nytimes.com/2023/10/09/business/charles-f-feeney-dead.html

Tallying the Costs of the Israel-Gaza War

The price of crude oil has risen and global markets are under pressure as the death toll exceeds 1,100 and Israel begins a “complete siege” of the Gaza Strip. source https://www.nytimes.com/2023/10/09/business/dealbook/israel-gaza-war-markets-oil.html

Claudia Goldin Wins Nobel in Economics for Studying Women in the Work Force

Her research uncovered the reasons for differences in labor force participation and earnings for women. She is the third woman to win the economics Nobel. source https://www.nytimes.com/2023/10/09/business/economy/claudia-goldin-nobel-prize-economics.html

Vaults, Ducts, Kitchens: Everything Must Go When a Company Moves Out

As companies reduce their office footprint to accommodate remote work, they are turning to decommissioning teams to clear out furniture, fixtures and equipment. source https://www.nytimes.com/2023/10/09/business/office-space-vacancy-cleaning.html

Oil Prices Jump on Fighting in Israel and Gaza

After flirting with $100 a barrel this summer, crude prices had fallen significantly in the past week on the expectation that demand was waning. source https://www.nytimes.com/2023/10/09/business/israel-gaza-oil-prices.html

Green Energy Casts a Shadow Over a Cherished English Landscape

Residents of East Anglia fear that planned power lines for offshore wind projects will blight their rural idyll. source https://www.nytimes.com/2023/10/09/business/energy-environment/green-energy-east-anglia-britain.html

Israel-Gaza Conflict Could Slow Natural Gas Investment in Area

The fighting could hurt ambitions of Israel and the wider region, which have received a lift from Chevron to become a hub for exporting natural gas to Europe and elsewhere. source https://www.nytimes.com/2023/10/08/business/israel-gaza-natural-gas.html

The Wager That Betting Can Change the World

A coterie of tech insiders believe that “prediction markets” can fix social ills. Are they right? source https://www.nytimes.com/2023/10/08/technology/prediction-markets-manifold-manifest.html

Amid Strikes, One Question: Are Employers Miscalculating?

UPS, the Hollywood studios and the Detroit automakers appear to have been taken aback by the tactics and tougher style adopted by new union leaders. source https://www.nytimes.com/2023/10/08/business/economy/labor-strikes.html

Chocolate Maker Did Not Evacuate Workers Before Deadly Blast, OSHA Says

A chocolate maker faces more than $44,400 in penalties for violations connected to an explosion that killed seven people at a Pennsylvania factory in March, regulators said. source https://www.nytimes.com/2023/10/07/us/rm-palmer-chocolate-factory-explosion.html

Why Cashing Savings Bonds Has Become So Hard

Citing potential fraud, banks are making it increasingly difficult to pay out savings bonds. An unlikely beneficiary is the federal government. source https://www.nytimes.com/2023/10/07/business/cashing-savings-bonds.html

Lewis the Ghoul is Taking Over Halloween Décor

The towering decoration from Target, which has become a must-have among Halloween fans, will sass you. source https://www.nytimes.com/2023/10/06/style/lewis-pumpkin-target-halloween.html

Baseball’s Mets Investigation Will Seek to Answer What Steve Cohen Knew

The league is looking into whether the team, which Mr. Cohen bought three years ago and has spent lavishly on, violated rules regarding its injury list. source https://www.nytimes.com/2023/10/06/business/steve-cohen-mets-major-league-baseball.html

The U.S. added 336,000 jobs in September.

The labor market is providing solid income growth, even as inflated prices frustrate consumers. source https://www.nytimes.com/2023/10/06/business/economy/september-jobs-report.html

Despite the economy’s resilience, the outlook is hard to gauge.

With chaos lurking in Washington, interest rates surging and student loan payments resuming, the recovery faces new challenges. source https://www.nytimes.com/2023/10/06/business/despite-the-economys-resilience-the-outlook-is-hard-to-gauge.html

Why Are Investors So Jittery?

There’s unease on Wall Street, especially in the market for government bonds. The September jobs report could be pivotal. source https://www.nytimes.com/2023/10/06/business/economy/markets-bonds-yields.html

Higher Rates Stoke a Growing Chorus of Deficit Concerns

A long period of higher interest rates would make the government’s large debt pile costly, a possibility that is fueling a conversation about debt sustainability. source https://www.nytimes.com/2023/10/05/business/economy/high-interest-rates-us-deficit.html

Nio Loses $35,000 a Car. That Should Scare the U.S. and Europe.

Chinese electric vehicle companies like Nio are pulling ever further ahead, partly through government support but also rapid technological advances. source https://www.nytimes.com/2023/10/05/business/nio-china-electric-vehicles.html

Man Says Airline Stopped Him on Suspicion He Was Trafficking His Children

American Airlines has apologized to David Ryan Harris, a Black musician who said he and his biracial children were confronted by an airline employee and police officers after a flight last month. source https://www.nytimes.com/2023/10/04/business/american-airlines-david-ryan-harris-trafficking.html

Alan Murray to Step Down as CEO of Fortune

Mr. Murray, who has been at the publication since 2014, will leave his role at the end of April. source https://www.nytimes.com/2023/10/04/business/media/alan-murray-fortune-magazine.html

How the Kaiser Permanente Strike Could Affect Patients

Especially in California, people could experience delays in appointments or test results and even have medical procedures postponed after thousands of health care workers walked out. source https://www.nytimes.com/2023/10/04/health/kaiser-strike-health-care.html

False Advertising Suit Against McDonald’s and Wendy’s Is Dismissed

A federal judge in Brooklyn said he had not found that the fast-food chains sold burgers that were smaller than the ones they featured in advertisements. source https://www.nytimes.com/2023/10/04/business/wendys-mcdonalds-burgers-lawsuit.html

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators. source https://www.nytimes.com/2023/10/04/business/private-equity-insurance.html

Drug Makers Agree to Negotiate With Medicare on Prices of 10 Medications

The pharmaceutical companies said they would begin talks even as several of them were suing the Biden administration over a new law authorizing the negotiations. source https://www.nytimes.com/2023/10/03/us/politics/drug-makers-negotiate-prices-medicare.html

United Airlines Will Buy 110 Planes From Airbus and Boeing

The airline, which is betting big on strong travel demand, said the new planes will expand its fleet and replace older planes. source https://www.nytimes.com/2023/10/03/business/united-airlines-boeing-airbus.html

Stevie Nicks Unveils a Barbie Made in Her Image at Madison Square Garden

The performer worked with Mattel to create a doll in her likeness, wearing an outfit inspired by the one she wore on the cover of Fleetwood Mac’s “Rumours.” She showed it off onstage at Madison Square Garden. source https://www.nytimes.com/2023/10/03/arts/music/stevie-nicks-barbie.html

‘Wedgie’ on Disney Water Slide Caused Severe Injuries, Lawsuit Says

Emma McGuinness suffered “permanent bodily injury” on a visit to Disney World in Florida in 2019, according to a lawsuit that accuses Walt Disney Parks and Resorts of negligence. source https://www.nytimes.com/2023/10/03/business/disney-world-kowabunga-water-slide-lawsuit.html

A Plot to Oust the House Speaker Hits Weary Investors

Matt Gaetz’s move to unseat Kevin McCarthy is adding volatility to equity and bond markets. source https://www.nytimes.com/2023/10/03/business/dealbook/house-speaker-markets-gaetz-mccarthy.html

A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight

Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary. source https://www.nytimes.com/2023/10/03/business/gotion-chinese-subsidiary-michigan-protests.html

Microsoft C.E.O. Testifies That Google’s Power in Search Is Ubiquitous

Satya Nadella, the chief executive of Microsoft, is the government’s biggest-name witness in its landmark antitrust case against Google. source https://www.nytimes.com/2023/10/02/technology/microsoft-ceo-testifies-google-search.html

Tesla Sales Slip as It Readies Factories for New Models

Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand. source https://www.nytimes.com/2023/10/02/business/tesla-third-quarter-sales.html

FTX’s Sam Bankman-Fried Will Go on Trial on Tuesday

Sam Bankman-Fried, the founder of the failed crypto exchange FTX, gets his day in court on Tuesday. The trial will shine a harsh glare on the wider sector. source https://www.nytimes.com/2023/10/02/business/dealbook/bankman-fried-ftx-trial.html

Who’s Rooting Hardest for a Sam Bankman-Fried Conviction? The Crypto Industry.

Crypto insiders, who have been trying to distance themselves from the FTX founder, are united in their zeal to see Mr. Bankman-Fried held to account. source https://www.nytimes.com/2023/10/02/technology/crypto-insiders-sam-bankman-fried-conviction.html

Crypto Goes on Trial, as Sam Bankman-Fried Faces His Reckoning

The FTX founder’s uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry. source https://www.nytimes.com/2023/10/02/technology/ftx-sam-bankman-fried-trial.html

Giving River Cruising a Try in France

On a first-time luxury river cruise in France, our reporter learns why this all-inclusive trip, despite its expense, was worth it. source https://www.nytimes.com/2023/10/02/travel/france-rhone-river-cruise.html

Chipotle Sued After Manager Allegedly Pulled Off Worker’s Hijab in Kansas

An official with the Equal Employment Opportunity Commission, which filed the lawsuit, said the nature of the allegations was “quite egregious.” source https://www.nytimes.com/2023/10/01/business/chipotle-hijab-lawsuit-kansas.html

SAG-AFTRA Negotiator a Key Player as Talks Set to Resume in Actors Strike

Duncan Crabtree-Ireland, the lead negotiator for SAG-AFTRA, will be a key player as the guild begins talks with the studios again on Monday. source https://www.nytimes.com/2023/10/01/business/media/actors-strike-duncan-crabtree-ireland.html

Police Chief Behind Marion County Record Raid is Suspended

Gideon Cody, who orchestrated a widely criticized raid on The Marion County Record, was suspended indefinitely, a city official said on Saturday. source https://www.nytimes.com/2023/09/30/us/marion-kansas-police-chief-suspended.html

Wall Street’s Most Hated Regulator Faces an Existential Threat

Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.” source https://www.nytimes.com/2023/10/01/business/rohit-chopra-consumer-financial-protection-bureau-wallstreet.html