The New York Times – Business:
Nearly 3.5 billion people now use one of Facebook’s apps every month.
Blog
-
Biden’s $4 Trillion Economic Plan, in One Chart
The New York Times – Business:
Money directed at families is added to an earlier proposal on infrastructure.
-
Boeing posts a $561 million loss, but sees ‘an inflection point’ for the industry.
The New York Times – Business:
Boeing said it continued to expect the recovery to take years to unfold, with passenger traffic unlikely to return to 2019 levels until 2023 or 2024.
-
The S.E.C.’s director of enforcement stepped down just days after taking the job.
The New York Times – Business:
Alex Oh’s resignation followed a ruling over the conduct of Exxon’s lawyers during a civil case. Ms. Oh was one of the lead lawyers for Exxon.
-
Apple doubles its profits on soaring iPhone sales.
The New York Times – Business:
More people splurged on computers as they worked and learned from home, driving sales of Macs to grow by 70 percent.
-
Fed Leaves Interest Rates Unchanged as Economy Begins to Heal
The New York Times – Business:
The Federal Reserve said the economy had “strengthened” but opted to continue providing support while playing down a rise in inflation.
-
Global chip shortage will slash Ford’s production by about half in the second quarter.
The New York Times – Business:
Ford expects the shortage to lower its operating profit this year by $2.5 billion, to between $5.5 billion to $6.5 billion.
-
Chipotle Is Sued by New York City Over Scheduling Practices
The New York Times – Business:
The city seeks $150 million in relief for employees, accusing the fast-food giant of “complete disregard” of a law governing workweeks.
-
The Fed Leaves Rates Unchanged as Economic Risks Remain
The New York Times – Business:
The Federal Reserve said the economy had “strengthened” but opted to continue providing support while playing down a rise in inflation.
-
Help! If There’s a Chance That I Could Endanger Others, Should I Still Travel?
The New York Times – Business:
Our Tripped Up columnist helps weigh the public health and ethical elements of traveling amid rising infection rates.