Sports Illustrated’s owner on Monday sued Manoj Bhargava, the energy drinks mogul whose foray into media has been rife with chaos and conflict, accusing him of failing to pay millions of dollars for the rights to publish the iconic magazine. The 51-page lawsuit, filed in U.S. District Court for the Southern District of New York, […]
The latest reading of the Federal Reserve’s favorite inflation gauge hovered above the level that officials aim for, evidence that price increases are proving stubborn even after declining notably in 2023. The Personal Consumption Expenditures inflation measure, which the Fed officially targets as it tries to achieve 2 percent annual inflation, climbed by 2.5 percent […]
BlackRock’s chief wants to rethink a fiscal time bomb As the chairman and C.E.O. of the asset management giant BlackRock, Larry Fink commands attention from companies and governments, helping spearhead movements like socially driven business and the need for companies to fight climate change. In his latest letter to investors, published on Tuesday, Fink weighs […]
Mr. Haidt’s writings promise these power players something elusive: a scholarly, social scientific explanation of the crises they’re facing, combined with a Silicon Valley founder’s level of confidence about how to fix them. (Mr. Haidt often sounds like what might happen if the doomsayer Cassandra swallowed Dale Carnegie: alarmed by the catastrophes humans have cooked […]
This month, many of the 80 million owners of Roku devices, including streaming sticks, set-top boxes and internet-connected TVs running the company’s streaming software, turned on their Rokus to see a block of text. I, the owner of a cheap Roku TV in my bedroom, was among those who got stuck with the screen. The […]
“I always tell my kids, the more you mess about, the more you find out,” she said, using a fruitier term than “mess.” “Quite quickly, I realized that work was something I needed,” she said, “and I think I had a sense it was actually going to be within fashion,” even if she knew she […]
A messy state of play for TikTok A federal bill to force TikTok’s Chinese owner to sell the video app — or have it banned — is moving through Washington with surprising speed, after the House passed it with an overwhelming majority. Though its fate in the Senate is unclear, anti-China sentiment and pressure on […]
Trump’s TikTok U-turn TikTok users have continued to flood the social media platform — and lawmakers’ inboxes — with pleas to halt a bill that would force its Chinese owners to divest or face a ban in the U.S. That effort to keep TikTok online has now attracted some unlikely backers, including Donald Trump. A […]
One of the few treatments the Food and Drug Administration has approved for amyotrophic lateral sclerosis has failed a large clinical trial, and its manufacturer said Friday that it was considering whether to withdraw it from the market. The medication, called Relyvrio, was approved less than two years ago, despite questions about its effectiveness in […]
Beijing was abuzz with politics on Tuesday. China’s annual legislative meeting — the National People’s Congress, when Communist Party leaders promote their solutions for national ills — opened for business. The event is a chance for the leaders to signal the direction of the economy and outline how and where the government will spend money […]
