Business
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It’s a Wrap in Formula 1 for Sebastian Vettel
Sebastian Vettel still loves Formula 1, but the fulfillment has disappeared as the wins have dried up. After 16 seasons,…
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What Elon Musk Is Doing to Twitter Is What He Did at Tesla and SpaceX
Elon Musk was sleeping at the office. He dismissed employees and executives at will. And he lamented his company was…
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U.S. Approves Aid to Extend Life of California Nuclear Plant
California’s last nuclear power plant received a $1.1 billion federal grant on Monday as the state seeks to extend the…
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In a First, Nonprofit Buys Insurance for Hawaii’s Threatened Coral Reefs
As climate change makes coastal storms more destructive, an environmental group is trying a new approach to protecting Hawaii’s coral…
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Key Union Votes Down Freight Rail Contract, Making Strike More Likely
Members of a union that primarily represent freight rail conductors have narrowly voted down a tentative labor contract, their union…
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Disney Brings Back Bob Iger After Ousting Chapek as C.E.O.
In a move that dropped jaws in Hollywood and prompted comparisons to an implausible screenplay, the board of the Walt…
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Beyond Meat Is Struggling, and the Plant-Based Meat Industry Worries
For a while, it seemed Beyond Meat was taking over the world. Its faux burgers and sausages were landing on…
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Inside a Crypto Nemesis’ Campaign to Rein In the Industry
In March, eight months before his cryptocurrency empire imploded, Sam Bankman-Fried joined a video call with Gary Gensler, a longtime…
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Investors Cheer Leadership Shakeup at Disney
In happier times. Bob Chapek (left) and Robert Iger at the 50th anniversary of Walt Disney World last year.Credit...Joe Burbank/Orlando…
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Can Big Tech Get Bigger? Microsoft Presses Governments to Say Yes.
In recent weeks, Microsoft has accused Sony, its chief video game rival, of misleading regulators. Its lawyers have showed off…