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California Will Add a Fixed Charge to Electric Bills and Reduce Rates

Fri, 05/10/2024 - 23:52
Officials said the decision would lower bills and encourage people to use cars and appliances that did not use fossil fuels, but some experts said it would discourage energy efficiency.

Film Academy Looks Overseas for Donors

Fri, 05/10/2024 - 20:30
The Academy of Motion Picture Arts and Sciences has announced a global $500 million campaign to shore up its financial future.

Why Companies Are Nervous About the Consumer

Fri, 05/10/2024 - 19:13
On earnings calls, dozens of corporate executives have cited a slowdown in spending to explain why sales are slipping.

Growth Stocks. Value Stocks. What Do Those Labels Mean?

Fri, 05/10/2024 - 18:30
Using index funds to make bets on these key categories is hazardous, our columnist says.

A Pause for the Public Service Loan Forgiveness Program

Fri, 05/10/2024 - 18:30
The Education Department has temporarily stopped processing applications and other forms as it updates its systems and deals with problems plaguing the program.

A German Initiative to Keep Workers Employed by Retraining Them

Fri, 05/10/2024 - 14:34
As the industrial landscape in Germany shifts, companies have formed an alliance aimed at offering the skills and certification that workers need to find new jobs.

How Airlines Are Using AI to Make Flying Easier

Fri, 05/10/2024 - 14:32
Airlines are using artificial intelligence to save fuel, keep customers informed and hold connecting flights for delayed passengers. Here’s what to expect.

Why Your Chocolate Fix Is About to Get More Expensive

Fri, 05/10/2024 - 14:30
Cocoa prices are going nuts, after a crop failure in West Africa was followed by a rush of investor speculation.

UK Shakes Off Recession as Economy Grows Faster Than Expected

Fri, 05/10/2024 - 12:15
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.

Why Higher Fed Rates Are Not Totally Off the Table

Fri, 05/10/2024 - 04:25
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.

Boeing Locks Out Firefighters in Contract Dispute, and Biden Weighs In

Fri, 05/10/2024 - 02:35
The aircraft manufacturer and a union representing 125 firefighters are at odds over pay at the company’s plants in the Seattle area.

Assumable Mortgages Are Making a Comeback in a High-Rate Market

Fri, 05/10/2024 - 01:54
Assumable mortgages — or low-rate mortgages that home buyers can take over from home sellers — are making a comeback. The process can be challenging.

Activist Ancora Wins Three Norfolk Southern Board Seats but Will Not Oust CEO

Fri, 05/10/2024 - 01:32
An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board.

Financier Found Guilty in Trump Media Insider Trading Trial

Fri, 05/10/2024 - 01:18
Bruce Garelick was convicted of securities fraud for leaking confidential information about a merger involving the parent company of Truth Social, Donald Trump’s social media site.

Senate Races to Pass Bill to Reauthorize FAA and Improve Air Travel

Fri, 05/10/2024 - 00:46
The current law expires on Friday, but regional conflicts and demands for votes on unrelated provisions have slowed the progress of a renewal.

Bank of England Holds Interest Rates at 5.25%, but Signals Cuts

Thu, 05/09/2024 - 23:34
A cut in interest rates could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target.

With Animal Well, the YouTuber Dunkey Goes From Critic to Salesman

Thu, 05/09/2024 - 20:30
After a decade of humorously reviewing games, the man known as Dunkey began a publishing company to support indie projects, starting with the mazelike Animal Well.

Would Paramount Bidders Break It Up?

Thu, 05/09/2024 - 17:52
If Sony and Apollo Global win the fight to buy the media company, they plan to keep the studio business and sell everything else.

Meet My A.I. Friends

Thu, 05/09/2024 - 14:39
Our columnist spent the past month hanging out with 18 A.I. companions. They critiqued his clothes, chatted among themselves and hinted at a very different future.

Milan Cracks Down on Nightlife After Campaign to Lure Visitors

Thu, 05/09/2024 - 14:14
City officials worked to make Milan attractive to visitors, but now that some neighborhoods are overwhelmed by rowdy crowds and noise, they’re trying to scale back.

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