Economy
-
Energy Dept. Aims to Speed Up Permits for Power Lines
The Biden administration has expressed growing alarm that efforts to fight climate change could falter unless the electric grids are…
-
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal…
-
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal…
-
McKinsey Is Under Criminal Investigation for Its Opioid Work
Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale of painkillers like OxyContin.
-
These Issues Are Testing the U.S.-China Thaw
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war…
-
Blinken Tours China to Promote Some Ties, While the U.S. Severs Others
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.
-
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured…
-
Meta’s Profits More Than Double, While Spending on A.I. Rises
The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend billions of dollars…
-
Business Groups Sue to Stop F.T.C. From Banning Noncompete Clauses
The lawsuits contend the F.T.C. does not have the authority to prohibit companies from limiting their employees’ ability to work…
-
Starbucks and Union Restart Contract Talks After Bitter Standoff
The company and Workers United, which represents more than 10,000 of the chain’s employees, broke off negotiation nearly a year…