News

California’s Insurance System Faces Crucial Test as Wildfire Losses Mount
It’s too soon to know how the Los Angeles fires will change life in California, but it may heavily depend on the answer to a single question: Will a...
Starbucks Reverses Its Open-Door Policy for Bathroom Use and Lounging
Starbucks will require people visiting its coffee shops to buy something in order to stay or to use its bathrooms, the company announced in a letter sent to store...
F.D.A. Proposes New Food Labels to Detail Sugar, Fat and Salt Content
The Food and Drug Administration on Tuesday proposed requiring new nutrition labels on the front of food and beverage products, a long-awaited move aimed at changing eating habits associated...
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In a lively Supreme Court argument on Tuesday that included references to cookies, cocktails and toxic mushrooms, the justices tried to find the line between misleading statements and outright...
JP Morgan Names Jenn Piepszak C.O.O. Succeeding Daniel Pinto
The slow-moving race to succeed Jamie Dimon at the helm of JPMorgan Chase has lost another entrant.The bank said on Tuesday that Jennifer Piepszak a longtime investment banker, would...
Saudi Arabia and Sports Network DAZN Close to Deal
Saudi Arabia, long on the lookout for a global platform to showcase its sporting ambitions, is nearing the end of its search.The Gulf kingdom is close to acquiring up...
Capital One Is Accused of Cheating Customers Out of $2 Billion
The advertisement from Capital One had many of the same promises that other banks offer for high-yield savings accounts: There were no fees, no minimum deposits and the money...
U.S. Oil Production Is Booming. Oil Jobs Are Not.
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true.The country is pumping more...
Rashida Jones, MSNBC President, Steps Down
The president of MSNBC, Rashida Jones, is stepping down from that position, the company said on Tuesday, a major change at the news network just days before President-elect Donald...
Is Beijing Plotting a Musk Option for TikTok?
What a plan B might look likeAs TikTok faces a countdown to a potential ban in the United States, Chinese officials are reportedly weighing an unexpected plan B: letting...
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Governments around the world are uncomfortably watching their borrowing costs rise, following the lead of the U.S. Treasury market. But even in a global rout in bonds, Britain stands...
Hollywood’s Filmmaking Continues Despite L.A. Wildfires
Over the past week, as eight wildfires destroyed vast portions of its home metropolis, Hollywood found itself violently impacted — and, at the same time, barely impacted at all.With...