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Showing posts from January, 2025

Man Files $7 Million Lawsuit Over Family’s Food Poisoning Deaths at All-Inclusive Resort

A Canadian family of four fell ill after eating at an all-inclusive resort’s buffet in late 2023, leading to the deaths of the mother and oldest son. source https://www.nytimes.com/2025/01/31/travel/dominican-republic-resort-food-poisoning-deaths-lawsuit.html

Chuck Todd Is Leaving NBC

A longtime major figure of NBC and MSNBC’s political coverage, Mr. Todd became less omnipresent in recent years. source https://www.nytimes.com/2025/01/31/business/media/chuck-todd-nbc.html

Staffing Was ‘Not Normal’ At Air Traffic Control Tower During Deadly Plane Crash

The report, reviewed by The New York Times, said that one controller was communicating with both helicopters and planes. Those jobs are typically assigned to two people, not one. source https://www.nytimes.com/2025/01/30/business/air-traffic-control-staffing-plane-crash.html

Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek

Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls. source https://www.nytimes.com/2025/01/30/business/blackstone-ai-quarterly-report-deepseek.html

F.C.C. Chair Orders Investigation Into NPR and PBS Stations

Brendan Carr, the chairman of the Federal Communications Commission, recently expressed concern about NPR and PBS’s sponsorships. source https://www.nytimes.com/2025/01/30/business/media/npr-pbs-fcc-investigation.html

Meta Agrees to Pay Trump $25 Million to Settle His Lawsuit

President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also reported revenue and profit growth for the fourth quarter. source https://www.nytimes.com/2025/01/29/technology/meta-trump-lawsuit-settlement.html

Tesla’s Profit Fell Sharply Last Year

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology. source https://www.nytimes.com/2025/01/29/business/tesla-earnings-elon-musk.html

Commerce Nominee Defends Trump Tariffs and Promises Strong Stance on China

Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing Wednesday. source https://www.nytimes.com/2025/01/29/business/economy/lutnick-trump-tariffs-china.html

Karoline Leavitt Invites Content Creators to the White House Press Briefing

President Trump’s press secretary invited social media influencers and content creators to sit with the traditional press corps. source https://www.nytimes.com/2025/01/28/business/media/white-house-press-briefing-podcasters-influencers.html

Meta Chief Zuckerberg Joins the Business Roundtable

Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years of avoiding politics. source https://www.nytimes.com/2025/01/28/business/dealbook/zuckerberg-meta-business-roundtable.html

Marshall Project Names Katrice Hardy as Chief Executive

Ms. Hardy, now the executive editor of The Dallas Morning News, will lead the business and newsroom sides of nonprofit news organization. source https://www.nytimes.com/2025/01/28/business/media/marshall-project-katrice-hardy.html

Nvidia Reels After DeepSeek’s A.I. Breakthrough

The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected. source https://www.nytimes.com/2025/01/27/business/deepseek-nvidia-ai-chips.html

Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly. source https://www.nytimes.com/2025/01/27/business/energy-environment/oil-trump-drill-baby-drill.html

China Vanke Forecasts $6.2 Billion Loss, Replaces Top Executives

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging. source https://www.nytimes.com/2025/01/27/business/china-vanke-property-developer.html

In China, Government Data on Drugs Blocked From Public After Backlash

Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the quality of medicine. source https://www.nytimes.com/2025/01/27/business/china-drug-prices.html

Asheville’s Restaurants Hit Reset After Hurricane Helene

Hurricane Helene’s floods have wreaked lasting damage on a tourist town whose nationally recognized restaurants are especially vulnerable to disasters. source https://www.nytimes.com/2025/01/27/dining/asheville-restaurants-hurricane-helene.html

E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.

States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming. source https://www.nytimes.com/2025/01/27/business/ev-fees-gas-tax.html

Elon Musk, Video Game King? Well, Maybe Not.

Gaming is a big part of the billionaire’s public persona. But other players are questioning whether he has the time or the skill to be as accomplished as he claims. source https://www.nytimes.com/2025/01/26/technology/elon-musk-video-games-diablo-path-of-exile.html

When Is Neurodiversity an Excuse for Rudeness?

How to deal with a colleague who won’t even try to make nice. source https://www.nytimes.com/2025/01/26/business/neurodiversity-rudeness-workplace.html

Trump’s Crypto Venture Divides the Industry He Aims to Support

The president’s promotion of a speculative digital coin left some crypto investors feeling blindsided, while others saw it as a gimmick that undermined the industry’s credibility. source https://www.nytimes.com/2025/01/25/us/politics/trumps-crypto-venture-divides-the-industry-he-aims-to-support.html

38 Injured After ‘Unexpected Aircraft Movement’ on a United Flight

The authorities in Nigeria said that the United Airlines plane had to return to Lagos, Nigeria, after the episode. Six people were treated at a hospital, officials said. source https://www.nytimes.com/2025/01/25/business/united-airlines-emergency-landing-nigeria.html

Target to End D.E.I. Policies as Trump Threatens Companies

The retailer joins a growing group of companies dropping commitments and policies on diversity and equity as President Trump fights the programs. source https://www.nytimes.com/2025/01/24/business/target-dei-rollback.html

Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates

The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995. source https://www.nytimes.com/2025/01/24/business/economy/home-sales-mortgage-rates.html

TikTok Ban and Trump Executive Order Lead to Tech Company Dilemma

The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not. source https://www.nytimes.com/2025/01/24/technology/tiktok-ban-trump-amazon-apple-google.html

Trump Drive to Cut Safety Net Could Hit His Voters

The new administration wants to slash aid for health, food and housing, but many of those programs now reach the struggling working class he is courting. source https://www.nytimes.com/2025/01/23/us/politics/trump-social-safety-net.html

Supreme Court Revives Law Meant to Fight Money Laundering

The Corporate Transparency Act, which requires businesses to disclose ownership information, was blocked by a federal judge as beyond Congress’s authority. source https://www.nytimes.com/2025/01/23/us/supreme-court-money-laundering.html

New Research Finds Potential Alternative to Abortion Pill Mifepristone

The research could further complicate the polarized politics of abortion because the drug in the study is the key ingredient in a pill used for emergency contraception. source https://www.nytimes.com/2025/01/23/health/abortion-pill-ella.html

Trump's Energy and Border Emergencies Advance His Own Interests

Mr. Trump had the authority to declare two emergencies. But they also happened to advance his favorite targets: more fossil fuels and less immigration. source https://www.nytimes.com/2025/01/22/climate/trump-national-emergencies.html

Reddit Users Boycott X Links After Elon Musk’s Gesture at Inaugural Event

A boycott of links to Mr. Musk’s social media platform spread on Reddit this week, after he made a gesture that some likened to a Nazi salute. Others worried about censorship. source https://www.nytimes.com/2025/01/22/business/reddit-x-boycott-elon-musk.html

South Carolina Utility Wants to Sell Unfinished Nuclear Power Site

The utility, Santee Cooper, is trying to sell two nuclear reactors that it abandoned in 2017 as tech companies seek new sources of electricity for data centers. source https://www.nytimes.com/2025/01/22/business/energy-environment/south-carolina-nuclear-power-data-centers.html

Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts

The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans. source https://www.nytimes.com/2025/01/22/business/divvy-homes-acquisition-brookfield-properties.html

How Trump’s Tariffs Could Affect the U.S., Canada and Mexico

While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners. source https://www.nytimes.com/2025/01/21/world/canada/trumps-tariffs-us-canada-mexico.html

Leaders at Davos Economic Forum Vow to ‘Stay the Course’ on Climate Action

Officials and business executives at the annual gathering in Switzerland said the fight against global would continue with or without the United States. source https://www.nytimes.com/2025/01/21/business/trump-climate-davos.html

MSNBC Mourns and Fox Makes Merry as Trump Season 2 Premieres

The inaugural’s pageantry was interpreted in sharply different ways across the media spectrum. Podcasters weighed in, too. source https://www.nytimes.com/2025/01/20/business/media/media-msnbc-fox-news-inaugural.html

Musk Is Likely to Get Office Space in the West Wing

The world’s richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump. source https://www.nytimes.com/2025/01/20/us/politics/elon-musk-office-west-wing.html

Trump Holds Off on Tariffs, but Paves the Way for Future Trade Action

The president’s executive action on trade will keep all possibilities on the table, including eventual tariffs against China, Canada and Mexico. source https://www.nytimes.com/2025/01/20/us/politics/trump-tariffs-executive-order.html

Trump Will Take Office as a Crypto Billionaire

The Trump family’s new crypto tokens, which went on sale over the weekend, have soared in value — along with crypto markets in general. source https://www.nytimes.com/2025/01/20/business/trump-memecoins-crypto.html

TikTok Ban Behind Fire Set at a Mall With Congressman’s Office, Police Say

No one was injured. The building, which includes a district office of a Wisconsin congressman who has been a critic of TikTok, sustained moderate damage in the fire on Sunday. source https://www.nytimes.com/2025/01/19/us/wisconsin-arson-tiktok-ban.html

Trump’s Cryptocurrency Surges to Become One of the World’s Most Valuable

The new business venture by the Trump family is generating intensifying criticism, even as it has turned into an overnight phenomenon, generating a windfall on paper. source https://www.nytimes.com/2025/01/19/us/politics/trump-cryptocurrency-surges.html

David Schneiderman, Village Voice Editor and Publisher, Dies at 77

Named editor in chief of the venerable alternative weekly in 1978, he was not welcomed with open arms. But his commitment to strong journalism won people over. source https://www.nytimes.com/2025/01/19/business/media/david-schneiderman-dead.html

What We Know About the TikTok Ban

The popular video app went dark in the United States late Saturday and then came back around noon on Sunday, even as a law banning it took effect. source https://www.nytimes.com/article/what-we-know-tiktok.html

These Rooms Give Young Indian Lovers Rare Privacy. Cue the Complaints.

A policy change by a popular hotel platform shows the tension between traditional values and modern ideals in India. source https://www.nytimes.com/2025/01/19/world/asia/india-oyo.html

A Who’s Who at Peter Thiel’s Trump Party: Zuckerberg, Adelson and More

The party symbolized the euphoria of the tech industry on the cusp of the Trump presidency. The guest list included Mark Zuckerberg, Sam Altman, Miriam Adelson and the vice president-elect, JD Vance. source https://www.nytimes.com/2025/01/18/us/politics/trump-party-peter-thiel-zuckerberg-vance.html

Capital One Customers Complain of Being Locked Out of Accounts

The company said a technical issue with a third-party vendor was to blame for a disruption with deposits and payment processing that stretched into the weekend. source https://www.nytimes.com/2025/01/18/business/capital-one-outage-direct-deposits.html

Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes. source https://www.nytimes.com/2025/01/17/business/vanguard-sec-investors-retirement-funds.html

I.R.S. Commissioner to Quit as Trump Takes Office

The president-elect has said he plans to nominate Billy Long, a former Republican congressman, to the role. source https://www.nytimes.com/2025/01/17/business/economy/irs-commissioner-resign.html

Trump Taps Mel Gibson, Sylvester Stallone and Jon Voight as Hollywood ‘Ambassadors’

The president-elect said the actors would be his “eyes and ears” with the goal of helping the entertainment industry, which he said had lost business to foreign countries. source https://www.nytimes.com/2025/01/16/business/trump-gibson-stallone-voight-special-ambassadors.html

Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations

Perdue Farms and JBS have settled with the Labor Department after relying on migrant children to do dangerous work in their slaughterhouses. Most of the money will be used to help the children. source https://www.nytimes.com/2025/01/16/us/perdue-jbs-slaughterhouses-child-labor.html

Cash App Ordered to Pay $255 Million in Penalties Over Fraud

The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections. source https://www.nytimes.com/2025/01/16/business/cash-app-fraud-settlement.html

We’re Sharing the Data Behind Our Detailed 2024 Election Map

Our new interactive map features precinct-level results that anyone can download. source https://www.nytimes.com/2025/01/15/us/elections/2024-election-map-data.html

U.S. Sues Southwest Airlines Over Chronic Delays

The Transportation Department said in a lawsuit that two of the airline’s routes were consistently delayed in violation of federal rules. source https://www.nytimes.com/2025/01/15/business/southwest-airlines-lawsuit-frontier-flight-delays.html

John Deere Sued by FTC Over Equipment-Repair Practices

The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for consumers. source https://www.nytimes.com/2025/01/15/business/john-deere-ftc-lawsuit-repairs.html

The California FAIR Plan Faces Crucial Insurance Test

The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said. source https://www.nytimes.com/2025/01/14/climate/californias-insurance-fair-plan-fires.html

Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million

The complaint accuses the company of underpaying female, Black and Hispanic employees compared with their male and white counterparts. source https://www.nytimes.com/2025/01/14/business/mastercard-26-million-pay-discrimination.html

Robinhood to Pay $45 Million Fine to Settle SEC Charges

The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions. source https://www.nytimes.com/2025/01/13/business/robinhood-sec-fine.html

How the NFL Moved the Vikings-Rams Playoff Game Away From the L.A. Fires

Monday night’s game in Arizona between the Los Angeles Rams and the Minnesota Vikings is the first time the league has relocated a postseason game since 1936. source https://www.nytimes.com/2025/01/13/business/nfl-playoffs-rams-vikings-la-wildfires.html

Biden’s Push to Cancel Student Debt Surpasses 5 Million Borrowers

With Monday’s authorization and 27 previous ones, the Biden administration has forgiven over $180 billion in student loans, even as its larger policy vision never took root. source https://www.nytimes.com/2025/01/13/us/politics/biden-student-loan-forgiveness.html

Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. source https://www.nytimes.com/2025/01/13/business/economy/us-steel-cleveland-cliffs-nippon.html

OpenAI Courts Trump With Vision for ‘A.I. in America’

The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies. source https://www.nytimes.com/2025/01/13/technology/openai-economic-blueprint.html

Biden Administration Adopts Rules to Guide A.I.’s Global Spread

New rules aim to keep advanced technology out of China and to ensure that cutting-edge artificial intelligence is developed by the United States and its allies. source https://www.nytimes.com/2025/01/13/us/politics/biden-administration-rules-artificial-intelligence.html

China’s Trade Surplus Reaches a Record of Nearly $1 Trillion

China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars. source https://www.nytimes.com/2025/01/12/business/china-trade-surplus.html

Can Poshmark’s Tech Fixes Make Selling Secondhand Clothes Seamless?

The once high-flying platform for secondhand clothes was bought by a huge South Korean tech company. Can tech fixes make peer-to-peer selling seamless? source https://www.nytimes.com/2025/01/12/business/poshmark-resale-naver.html

Bills and Lions Give NFL Fans in Canada Reason to Cheer

With the Buffalo Bills and Detroit Lions both Super Bowl contenders, fans north of the border are nervously hopeful a title drought could end. source https://www.nytimes.com/2025/01/12/business/nfl-canada-fans-bills-lions.html

Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and China’s currency. source https://www.nytimes.com/2025/01/11/business/scott-bessent-treasury-divest.html

4 Takeaways From the Arguments Before the Supreme Court in the TikTok Case

The justices, who asked tough questions of both sides, showed skepticism toward arguments by lawyers for TikTok and its users. source https://www.nytimes.com/2025/01/10/us/politics/takeaways-tiktok-supreme-court.html

In Los Angeles, Hotels Become a Refuge for Fire Evacuees

In lobbies throughout the city, guests with children, pets and hastily packed bags share a resigned intimacy. source https://www.nytimes.com/2025/01/10/travel/los-angeles-fire-evacuees-hotels.html

Inside Mark Zuckerberg’s Sprint to Remake Meta for the Trump Era

After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are just beginning. source https://www.nytimes.com/2025/01/10/technology/meta-mark-zuckerberg-trump.html

U.S. Employers Add 256,000 Jobs in December

source https://www.nytimes.com/2025/01/10/business/economy/jobs-report-december.html

Richard M. Cohen, News Producer Who Wrote of a Health Challenge, Dies at 76

When he was 25, he learned that he had multiple sclerosis. He coped with the disease throughout a long career at several networks, recalled in a best-selling memoir. source https://www.nytimes.com/2025/01/09/business/media/richard-m-cohen-dead.html

Paul Oreffice, a Combative Chief of Dow Chemical, Dies at 97

He led the company as it flourished in the ’70s and ’80s while confronting veterans and environmentalists over its toxic products like Agent Orange and dioxin. source https://www.nytimes.com/2025/01/09/business/paul-oreffice-dead.html

Enron Is Back. And It Wants to Sell You a Nuclear Reactor.

At least that’s what its new chief executive says, after buying the company’s trademark for a couple hundred bucks. source https://www.nytimes.com/2025/01/09/business/enron-egg-nuclear-reactor.html

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain. source https://www.nytimes.com/2025/01/08/business/fed-minutes-rate-cuts-inflation.html

Saudi Arabia May Partner With UFC Owner TKO to Create Boxing League

A company owned by the country’s sovereign wealth fund is poised to team up with TKO, which owns Ultimate Fighting Championship, the kingdom’s latest foray into pro sports. source https://www.nytimes.com/2025/01/08/business/tko-saudi-arabia-boxing-league.html

Meta Drops Rules Protecting LGBTQ Community as Part of Content Moderation Overhaul

The changes included allowing users to share “allegations of mental illness or abnormality when based on gender or sexual orientation.” source https://www.nytimes.com/2025/01/07/business/meta-lgbtq-hate-speech.html

As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation

While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories. source https://www.nytimes.com/2025/01/07/business/trump-meta-disinformation.html

Mark Zuckerberg Says Meta Fact-Checkers Were the Problem. Fact-Checkers Rule That False.

Fact-checking groups that worked with Meta said they had no role in deciding what the company did with the content that was fact-checked. source https://www.nytimes.com/2025/01/07/business/mark-zuckerberg-meta-fact-check.html

Taiwan Suspects a Chinese-Linked Ship of Damaging an Internet Cable

The Taiwanese Coast Guard said seven Chinese nationals were aboard a ship suspected of causing the damage. source https://www.nytimes.com/2025/01/07/world/asia/taiwan-internet-cable-china.html

U.S. Adds Tencent to Chinese Military Companies Blacklist

Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list. source https://www.nytimes.com/2025/01/06/business/us-chinese-military-companies-tencent-catl.html

Journalists at The Athletic Move to Join New York Times Union

The NewsGuild of New York asked The Times to voluntarily recognize journalists from the sports news website as part of the newsroom’s union. source https://www.nytimes.com/2025/01/06/business/media/the-athletic-new-york-times-union.html

C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them. source https://www.nytimes.com/2025/01/06/business/berkshire-hathaway-buffett-mortgages.html

U.S. Steel and Nippon Sue Biden Over Decision to Block Deal

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics. source https://www.nytimes.com/2025/01/06/business/us-steel-nippon-lawsuit.html

Paxlovid Improved Long Covid Symptoms in Some Patients, Researchers Report

But the report, on the experiences of 13 patients, found that the drug had no benefit for some people and that some who benefited said the improvement didn’t last. source https://www.nytimes.com/2025/01/06/health/paxlovid-long-covid.html

Long Before Jeju Air Crash, South Korea Rose to Be a Model of Safety

After overcoming pariah status at the end of the last century, South Korea must learn what caused the catastrophe on Dec. 29 and what lessons to draw from it. source https://www.nytimes.com/2025/01/06/business/jejuair-crash-south-korea-safety.html

Amazon Prime Will Release a Melania Trump Documentary

The film, billed by the company as a “behind-the-scenes” look at her life, started shooting in December and is slated for theatrical and streaming release later this year. source https://www.nytimes.com/2025/01/05/business/media/amazon-melania-trump-documentary.html

What Do Movie Producers Do, Anyway?

And why do they get the trophy for best picture at the Oscars? source https://www.nytimes.com/2025/01/05/movies/what-do-movie-producers-do.html

Jeju Air’s Problems Mount After Crash of Flight 7C2216

South Korea’s leading low-cost carrier, heavy with debt and its stock already near record lows, is now facing intense public and government scrutiny. source https://www.nytimes.com/2025/01/05/business/jeju-air-south-korea-crash.html

Washington Post Cartoonist Quits After Jeff Bezos Cartoon Is Killed

The cartoon, by Ann Telnaes, depicted the owner of The Post, Jeff Bezos, and other billionaires genuflecting toward a statue of President-elect Donald Trump. source https://www.nytimes.com/2025/01/03/business/media/washington-post-cartoonist-quits-after-jeff-bezos-cartoon-is-killed.html

TikTok and Government Clash in Last Round of Supreme Court Briefs

The briefs, filed a week before oral arguments, offered sharply differing accounts of China’s influence over the site and the role of the First Amendment. source https://www.nytimes.com/2025/01/03/us/politics/tiktok-ban-supreme-court.html

U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach

The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration. source https://www.nytimes.com/2025/01/03/us/politics/treasury-chinese-sanctions.html

Ford and General Motors Report a Sales Surge, Especially for E.V.s

The two big automakers said 2024 sales were up by 4 percent thanks to big increases in the final quarter. source https://www.nytimes.com/2025/01/03/business/ford-gm-vehicle-sales.html

Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98

He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life. source https://www.nytimes.com/2025/01/02/business/economy/richard-a-easterlin-dead.html

‘It Ends With Us’ Actor and Director and His Publicists Sue The Times for Libel

Justin Baldoni claims that The Times defamed him and his team in an article about the actress Blake Lively’s allegations that she had been the victim of a smear campaign. source https://www.nytimes.com/2025/01/01/us/justin-baldoni-blake-lively-it-ends-with-us-new-york-times-lawsuit.html

U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns

The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration. source https://www.nytimes.com/2025/01/02/us/politics/drone-ban-china-security.html

The Bull and Bear Case for 2025

The stock market has been on a blistering two-year rally. But Wall Street is warning that a number of factors, including Donald Trump’s policies, could slow or derail that momentum source https://www.nytimes.com/2025/01/02/business/dealbook/bull-bear-case-markets-2025.html

China Hits Dozens of U.S. Companies With Trade Controls

The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security. source https://www.nytimes.com/2025/01/02/business/china-us-companies-entity-list.html

Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies

The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy. source https://www.nytimes.com/2025/01/02/business/economy/russia-sanctions-ukraine.html

Is This the Year Laos Breaks Through?

The Southeast Asian country has lagged behind Vietnam and Thailand when it comes to tourism. The government hopes new hotels, roads and a train system will put Laos on visitors’ lists. source https://www.nytimes.com/2025/01/01/travel/laos-vientiane-luang-prabang-train.html