The New York Times – Business:
Blog
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China Purges Top Official Over Corruption and Sex Charges
The New York Times – Business:
Ma Xingrui is the third member of the Politburo to be purged since 2022. He once led the Xinjiang region and was previously head of China’s space program.
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U.S. Workers Are More Productive Than Ever. And That’s Without A.I.
The New York Times – Business:
Companies have been getting more out of employees for several years. Tight labor markets, digitization and remote work are among the reasons.
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How a Promising Navy Drone Boat Program Got Mired in Politics
The New York Times – Business:
Navy acquisition reforms upended a $2.1 billion contract competition. When it was over, several companies with ties to the Trump administration had made the cut.
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Oil Rises Above $85 a Barrel as Gulf Clash Escalates
The New York Times – Business:
Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.
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Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping
The New York Times – Business:
The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers.
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Trump Administration Is Snapping Up Stakes in Private Companies. Could A.I. Be Next?
The New York Times – Business:
Some tech executives are nervous that the administration’s recent scrutiny of artificial intelligence models could be a prelude to a demand for an ownership stake.
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The Fed’s Christopher Waller Warns of Higher Rates if Inflation Stays High
The New York Times – Business:
Christopher J. Waller, a governor at the Federal Reserve, said he needs to see several months of lower inflation data to feel confident about the outlook.
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Paramount-Warner Bros. Merger Is Challenged in Court by California and 11 Other States
The New York Times – Business:
The lawsuit, filed by California and 11 other states, argues that the deal would harm movie theaters and damage America’s entertainment industry.
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U.S. Electric Vehicle Sales are Down but E.V. Chargers are Booming
The New York Times – Business:
Electric vehicle chargers are proliferating in Southern states as fast food restaurants, stores and other businesses try to lure customers.