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Business

India Is Scrapping Its Largest Bill. The Race Is On to Spend It.

May 31, 2023
Indians have been filing into gas stations, jewelry stores, fruit stands and any other businesses that still accept soon-to-be-withdrawn 2,000-rupee notes, each worth about $24. The race to
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Business

BuzzFeed Tries to Ride the A.I. Wave. Who’s Hungry?

May 23, 2023
BuzzFeed parlayed the rising power of social media into a digital media business worth more than a billion dollars at its peak. But when technology giants behind social
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Business

Wells Fargo to Pay $1 Billion to Settle Lawsuit by Shareholders

May 16, 2023
Wells Fargo has agreed to pay $1 billion to settle a class-action lawsuit accusing the bank of overstating how much progress it had made in fixing the unlawful
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Business

Striking Writers Find Their Villain: Netflix

May 11, 2023
Just over a week after thousands of television and movie writers took to picket lines, Netflix is feeling the heat. Late Wednesday night, Netflix abruptly said it was
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Business

US consumers' inflation expectations mixed in April, NY Fed report shows

May 8, 2023
FILE PHOTO: People walk outside the Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo(Reuters) – U.S. consumers said last
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Business

HSBC Shareholders Defeat Measure Aimed at Spinning Off Asia Operations

May 5, 2023
Shareholders in HSBC, the European financial giant, voted on Friday to reject an investor proposal meant to pressure the bank into breaking off its lucrative Asian operations. That
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Business

The Bearer of Bad News

May 5, 2023
A short list of moments in the day when Roger Lee is thinking about layoffs: while waiting for someone to show up to a Zoom call. After his
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Business

Wages and Prices Slow Unevenly, Reflecting ‘Rocky and Bumpy’ Economy

April 28, 2023
Inflation isn’t as high as it was last year. The job market isn’t as hot. The economy is slowing down. But none of this is happening as quickly
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Business

Inflation Cooled in March, but Stubborn Price Increases Remain

April 28, 2023
Inflation is slowing, a fresh reading of the Federal Reserve’s preferred index showed, but costs continue to climb rapidly after stripping out volatile food and fuel — which
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Business

The Long Demise of the Stretch Limousine

April 28, 2023
Over a few days in early March, carmakers and limousine company operators gathered at the MGM Grand in Las Vegas for an annual convention, where they went to
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