The stock market is soaring, yet there is plenty to worry about: bubbling conflicts and outright wars around the world and a close and contentious election in the United States. At times like these, market history can be a source of comfort, at least up to a point. Relying on …
Read More »China Tightens Its Hold on Minerals Needed to Make Computer Chips
The vise-tight grip that China wields over the mining and refining of rare minerals, crucial ingredients of today’s most advanced technologies, is about to become even stronger. In a series of steps made in recent weeks, the Chinese government has made it considerably harder for foreign companies, particularly semiconductor manufacturers, …
Read More »Musk Wins Appeal Over Tweet He Had to Delete About Union Push
A federal appeals court handed Elon Musk a victory in a freedom-of-speech case on Friday by overturning an earlier ruling in a dispute between the billionaire and the National Labor Relations Board. In March last year, three judges on the U.S. Court of Appeals for the Fifth Circuit in New …
Read More »France’s Financial Morass Produces a Harsh Critique From Moody’s
Warnings over France’s financial situation grew on Friday when the Moody’s ratings agency issued a negative outlook for the country’s sovereign debt rating amid concerns about the nation’s rapidly rising debt and deficit. The outlook reflects what Moody’s said were heightened risks of political gridlock in France as Prime Minister …
Read More »Former Model Stacey Williams Accuses Trump of Groping Her During Visit With Epstein
One day in 1993, the financier Jeffrey Epstein brought a model named Stacey Williams to Trump Tower in Manhattan to say hello to the building’s owner, Donald J. Trump. As he and Mr. Epstein chatted, Mr. Trump groped Ms. Williams, she said. Ms. Williams, a former Sports Illustrated swimsuit model, …
Read More »Why Boeing Workers Rejected a New Contract: Retirement Benefits
A decade ago, Boeing stopped offering the gold standard of pension plans — one that pays out guaranteed sums to retirees. The loss of the pension still angers many members of the company’s largest union. On Wednesday, the union’s members voted by a large margin to reject an improved contract …
Read More »Tesla Shares Jump 22% After Robust Profit Increases
Tesla’s shares jumped 22 percent on Thursday — one of its best days in years — after it reported a big increase in profit for the third quarter. The company said it expected sales of cars to grow as much as 30 percent next year when it plans to introduce …
Read More »Attention, Passengers: Someone Is Skipping the Line at Your Gate
Every airline traveler has been there. The boarding process begins, and the gate is swarmed with passengers before their zones have been called. They’re popularly known as “gate lice” and, despite being shamed and mocked in popular culture, U.S. airports are still experiencing outbreaks. Enter American Airlines, which recently announced …
Read More »Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
Boeing’s new chief executive, Kelly Ortberg, shared his vision on Wednesday for how to restore the beleaguered business, delivering his most comprehensive public remarks on strategy since taking the role in August. But, he acknowledged, he must first end a financially damaging strike. The aircraft maker also shared more detail …
Read More »‘No Smoking’ Signs on Planes Can Now Stay On Forever
The days of airplane cabins hazy with cigarette smoke are long gone, but a reminder of that era is still visible inside commercial jets. Smoking has been banned on commercial flights in the United States for decades, but the Federal Aviation Administration is only just updating an outdated rule to …
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