Elon Musk, the world’s richest man, reached out to Parag Agrawal, Twitter’s chief executive, a few weeks ago with a friendly heads-up. He was buying shares of the social media company, Mr. Musk confided, and wanted to discuss how to make Twitter better. Mr. Musk had ideas for reshaping social networks that dovetailed with those […]
Last year, Russia supplied more than half of the natural gas and about a third of all the oil that Germany burned to heat homes, power factories and fuel cars, buses and trucks. Roughly half of Germany’s coal imports, which are essential to its steel manufacturing, came from Russia. Russian gas, oil and coal are […]
A federal prosecutor told jurors on Monday that they had received enough evidence to convict a former Goldman Sachs banker for his role in one of the biggest international money laundering and bribery schemes even without the testimony of the government’s star witness. “You already know the defendant is guilty from other evidence in the […]
Gov. Gavin Newsom signed the board diversity bill into law two years ago, calling it a victory for racial justice and empowerment.Credit…Jim Wilson/The New York Times A California law requiring diversity on corporate boards of directors has been struck down in a blow to the state’s efforts to address racial and gender disparities in the […]
“And almost without exception, these influencers feel that they have been wronged by mainstream society in some way,” Mr. Brooking added. Dr. Malone earned a medical degree from Northwestern University in 1991, and for the next decade taught pathology at the University of California, Davis, and the University of Maryland. He then turned to biotech […]
What’s Up? (March 27-April 2) Another Strong Jobs Report The March report continued the strong gains of recent months, with U.S. employers adding 431,000 jobs. The unemployment rate declined, and now, at 3.6 percent, it is just a touch higher than it was before the pandemic. The economy has recovered more than 90 percent of […]
Photos and video that showed young children isolated from their families and crying at a Shanghai hospital led to an outburst of anger online on Saturday, as China’s largest city struggled to contain an outbreak of the highly contagious Omicron version of the coronavirus. In the images, a series of hospital cribs, each holding several […]
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. Among the trailblazers who made finance more accessible to the masses starting in the 1970s — John […]
A year ago, while many countries were still reeling from Covid-19, China seemed to be one of the few places prospering through the pandemic. It was also the only major economy that reported growth in 2020. Global investors were bullish on Chinese stocks even as Beijing’s regulatory crackdown on its private sector became more like […]
Mar. ’21 June Sept. Dec. Mar. +431,000 A continued torrent of consumer demand, paired with an emerging atmosphere of normalcy as coronavirus caseloads and health restrictions fade away, led to a burst of new jobs last month, giving reason for optimism despite the year’s increasingly uncertain economic outlook. U.S. employers added 431,000 jobs in March, […]
