David Solomon, the chief executive of Goldman Sachs, said last month that his firm would continue funding fossil fuel companies, stressing that not doing so would lead to much higher prices. “We have to balance good public policy with the short-term implications and that’s why it is a transition,” he said. “If we’re too aggressive […]
American workers are taking home bigger paychecks as employers pay up to attract and retain employees. But those same people are shelling out more for furniture, food and many other goods and services these days. It is not yet clear which side of that equation — higher pay or higher prices — is going to […]
Corporate America has entered the next phase of its effort to counter the spread of the coronavirus. Companies of 100 or more employees have until Jan. 4 to ensure all their workers are either fully vaccinated or submit to weekly testing and mandatory masking. The measure was announced by President Biden in September, and details […]
Erin Woo Cross is done, and we’re onto redirect. Schenk says he has just “a couple of questions.” Erin Woo Back to some of the website language that came up in Edlin’s testimony. “Occasionally, a venipuncture may be required based on the lab order, but this is uncommon, and our aim is to […]
Doing so would effectively freeze NSO’s assets and force its largest investors, including Novalpina Capital, a British private equity firm — and its investors, which include Oregon’s state pension fund — to divest. It could also thwart NSO Group’s plans for a lucrative exit, such as an initial public offering or acquisition. NSO was one […]
The New York Times Company said on Wednesday that it added 455,000 new digital subscriptions in the third quarter, a gain that keeps the publisher on pace to reach its stated goal of 10 million subscriptions by 2025. Of the new digital subscriptions, 320,000 signed up for The Times’s journalism. The rest came for Games, […]
The Centers for Disease Control and Prevention on Tuesday formally endorsed the Pfizer-BioNTech coronavirus vaccine for children aged 5 through 11, a move that will buttress defenses against a possible surge as winter arrives and ease the worries of tens of millions of pandemic-weary parents. At a meeting earlier in the day, a panel of […]
Seeking stability Financial regulators have urged lawmakers to act fast on legislation to address the rising risk of stablecoins. This type of cryptocurrency — ostensibly backed one-to-one by a stable asset like the dollar, making it more practical as a means for trades and transactions — is booming, with some $130 billion now in circulation. […]
GLASGOW — President Biden told a global climate summit on Monday that “we only have a brief window before us” to reduce the emissions from burning oil, gas and coal that pose an “existential threat” to humanity. But only days earlier, he was urging the world’s largest oil producers to pump more of the fossil […]
Another warning sign for China’s economy. Factory activity fell for the second straight month, with analysts attributing the drop to weaker domestic demand, rising commodity prices and slowing construction activity. Is the Delta variant surge over? New case counts and hospitalizations are dropping in most states, though experts worry that family gatherings over the winter […]
