Google has settled a class-action lawsuit that accused it of systematically underpaying women, promising to provide $118 million in monetary relief and invite outsiders to review its pay practices. Three former Google employees first sued the company in 2017 in Ellis v. Google LLC, claiming that it paid women less than men for the same […]
Lacey Irby and her business partner, Ryan Brosseau, a chef, were planning to open a restaurant when the pandemic hit. It delayed them, but eventually, in early 2021, they opened Dear Margaret, a homey tribute to Mr. Brosseau’s Canadian grandmother in the Lakeview neighborhood, with takeout only, gradually adding patio dining and finally, last June, […]
Little Sleepies are pajamas and play clothes for children made out of bamboo cellulose. Bethanie Taylor, 27, the mother of a five-month old baby boy who lives in Springhill, Kan., knows she likes Little Sleepies. “But I don’t know if I am brainwashed into it,” she said. There is plenty for a discerning parent to […]
The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in business. If you don’t already receive the daily newsletter, sign up here. After six years in retirement, Howard Schultz returned to the top job at Starbucks in April — […]
On Friday, the yield on the two-year Treasury note jumped to 3.06 percent, up about a quarter of a point, while the yield on 10-year notes rose to 3.16 percent, up about a tenth of a point. Ultimately for investors, the concern is how high prices and rising borrowing costs will affect consumer spending and […]
Travel isn’t getting any cheaper. Strong demand after two years of pandemic lockdowns and other factors drove up already high airfare and hotel prices last month, with both reaching record highs. Flight prices in May were up nearly 13 percent from the month before and almost 38 percent from May 2021. Hotel prices increased only […]
Treasury Secretary Janet L. Yellen said on Thursday that she expected the United States economy to slow as the Federal Reserve raised interest rates to tame inflation but that she did not anticipate a recession. Speaking at The Times’s DealBook D.C. policy forum, Ms. Yellen said that the global economy faced an array of serious […]
The Walt Disney Company has abruptly fired Peter Rice, its most senior television content executive, citing an ill fit with Disney’s corporate culture, according to three people briefed on the matter who spoke on the condition of anonymity to discuss confidential information. Mr. Rice, chairman of Disney General Entertainment Content, a division of the company […]
And that would surely be just. With #MeToo, Black Lives Matter and other epochal changes roiling American life, the theater has finally begun to talk openly about its foundational and continuing inequities. Sometimes the talk is just lip service, to be sure, as toothless statements on company websites attest. But more than ever, practitioners and […]
WASHINGTON — President Biden was at a private meeting discussing student debt forgiveness this year when, as happens uncomfortably often these days, the conversation came back to inflation. “He said with everything he does, Republicans are going to attack him and use the word ‘inflation,’” said Representative Tony Cárdenas, Democrat of California, referring to Mr. […]
