Business
Business Booms at Kroger-Owned Grocery Stores, but Workers Are Left Behind

When Enrique Romero Jr. finishes his shift fulfilling online orders at a Fred Meyer grocery store in Bellingham, Wash., he often walks to a nearby plasma donation center. There, he has his blood drained, and a hydrating solution is pumped into his veins, a process that leaves him tired and cold. Mr. Romero, 30, said […]

Updated: Feb 13, 2022
After Pak and Beeple, What’s Next for NFT Collectors? Art Made With a Paintbrush

Felix Xu started his NFT art collection by purchasing a Chromie Squiggle, generated by an algorithm. Today, Xu, a 29-year-old Chinese tech executive, has more than 3,000 blockchain-based collectibles. But there is a hole burning in his crypto wallet that he would like to fill with real paintings. His budget stretches toward $500,000 and he […]

Updated: Feb 12, 2022
Cisco and Splunk Have Discussed Acquisition Deal

Cisco Systems, the technology conglomerate, has held discussions with the software company Splunk about buying it, although no deal is currently on the table, two people familiar with the matter told The New York Times on Friday. A deal may not happen at all, but if talks resume, Cisco could pay more than $20 billion […]

Updated: Feb 12, 2022
Omicron Stalled Britain’s Economic Recovery in December

The sudden emergence of the fast-spreading Omicron variant of the coronavirus in Britain late last year stalled the country’s economic recovery, data confirmed on Friday, though the impact was milder than expected. Britain’s gross domestic product fell 0.2 percent in December from the previous month, the Office for National Statistics said, as the government told […]

Updated: Feb 11, 2022
What Will Elon Musk Say? Watch SpaceX Starship Live Stream

“Starship’s payload capacity is huge; it’s very, very big, and there aren’t that many commercial uses today for a rocket that big,” she said. “Maybe it’ll be so cheap that it makes sense to launch satellites on it if it’s not full, or near full.” Astronomers, on the other hand, see Starship’s massive capacity as […]

Updated: Feb 11, 2022
Inflation, Stocks, Twitter Earnings and Business News: Live Updates

A key inflation measure showed that prices are climbing at the fastest pace in 40 years and more quickly than economists had expected, the latest unpleasant surprise for the White House and Federal Reserve after a bruising year for American consumers. Consumer Price Index data for January, released Thursday, showed that prices have climbed 7.5 […]

Updated: Feb 10, 2022
Jerome Chazen, Original Partner in Liz Claiborne Empire, Dies at 94

Jerome Chazen, an original partner in the Liz Claiborne company, which helped reshape how career women dress, died on Sunday at his home in Upper Nyack, N.Y. He was 94. The death was confirmed by his son, David. Mr. Chazen was a driving force behind Liz Claiborne Inc. as it outfitted a generation of women […]

Updated: Feb 10, 2022
James Bennet to Continue Testifying in Sarah Palin Libel Trial

James Bennet, the former editorial page editor for The New York Times, is expected to continue testifying on Wednesday in the trial that will determine whether The Times is held liable for defamation in the United States for the first time in at least 50 years. The Times is being sued by Sarah Palin, the […]

Updated: Feb 9, 2022
The U.S. trade deficit soared to a record last year.

The slowdown in demand during the pandemic for services, usually a strength for the American economy, also pushed up the trade deficit, as foreigners drastically reduced their spending on tourism and education in the United States. The United States typically records a large trade surplus in services, which is subtracted from the overall deficit. Last […]

Updated: Feb 9, 2022
Starbucks fires Memphis workers involved in unionization efforts.

Starbucks on Tuesday fired a handful of employees in Memphis who were seeking to unionize their store, which is one of several dozen nationwide where workers have filed for union elections since December. A Starbucks spokesman said the employees had violated company safety and security policies. The union seeking to organize the store accused Starbucks […]

Updated: Feb 8, 2022