Business
How Rising Fares and Airline Industry Changes Could Affect Your Next Trip

Two smaller American carriers that launched last year, Breeze and Avelo, are fine-tuning their operations. Avelo, which launched with point-to-point flights on the West Coast from Burbank, Calif., recently added a new East Coast base in New Haven, Conn., with several destinations in Florida and flying as far west as Chicago. In April, the flight […]

Updated: Mar 26, 2022
Energy, Gas and Business News: Live Updates

The United States announced a deal with European leaders on Friday to increase shipments of natural gas to help wean Europe off Russian energy. And Germany set an ambitious goal of halving its imports of Russian oil and coal this year and freeing itself from its dependence on Russian natural gas by the middle of […]

Updated: Mar 25, 2022
F.D.A.’s Accelerated Drug Approvals Come Under Scrutiny

By the time Brittany Bonds gave birth to her third son in the back of an ambulance 10 weeks before he was due, she no longer trusted the drug Makena. The drug was intended to forestall preterm birth and improve the health of a baby. But it did not work for Mrs. Bonds, whose son […]

Updated: Mar 25, 2022
Business and Stocks Respond to Ukraine-Russia War: Live Updates

When Uber arrived in New York City in 2011, yellow taxis ruled the streets and drivers paid $1 million for the coveted taxi medallions that gave them the right to pick up passengers. Undeterred, Uber worked relentlessly to lure riders away, deriding the taxi industry as inefficient, corrupt, greedy and even a “cartel.” The taxi […]

Updated: Mar 24, 2022
Airlines ask Biden to end mask requirements for planes and airports.

The chief executives of the largest U.S. airlines asked President Biden on Wednesday to allow a federal mask mandate at airports and on planes to expire next month. The group also asked that the government drop a requirement that visitors from abroad provide a negative coronavirus test before traveling to the United States. “The persistent […]

Updated: Mar 24, 2022
Businesses and Lawmakers React to Ukraine-Russia War: Live Business News

The British government announced measures to help people cope with rising prices, including cutting gas prices at the pump.Credit…Mary Turner for The New York Times In Britain, the economic shock waves of the war in Ukraine are exacerbating a squeeze on household budgets and heightening fears of a cost-of-living crisis. The British government announced some […]

Updated: Mar 23, 2022
Education Department Says Owners of For-Profit Schools Must Pay if the Colleges Close

The Education Department says it will hold companies that own certain private colleges financially responsible for taxpayers’ losses if their schools defraud students or abruptly shut down. “If a company owns, controls or profits from a college, it should also be on the hook if the institution fails students,” James Kvaal, the department’s under secretary, […]

Updated: Mar 23, 2022
Ukraine War and Pandemic Force Nations to Retreat From Globalization

If Mr. Xi and Mr. Putin organize their own economic coalition, they could bring in other nations seeking to shield themselves from Western sanctions — a tool that all recent U.S. presidents have used. “Your interdependence can be weaponized against you,” said Dani Rodrik, a professor of international political economy at Harvard Kennedy School. “That’s […]

Updated: Mar 22, 2022
China Evergrande says it will delay its financial report.

China Evergrande, the giant embattled property developer, will not be able to publish its annual financial results on time, the company said on Tuesday. The real estate giant blamed “drastic changes” to its business last year for the delay, adding that it would take its auditor a longer time to sift through the paperwork. The […]

Updated: Mar 22, 2022
Boeing Faces New Upheaval After Crash of Chinese Airliner

Industry analysts had expected the plane to resume flying there in the coming months. But its return could become intertwined with the investigation into the crash involving the 737-800 NG, analysts said, with Chinese government officials hesitant to bring back the Max as they investigate a crash involving its predecessor. The Max crashes were directly […]

Updated: Mar 21, 2022