Business
‘Squid Game,’ the Netflix Hit, Taps South Korean Fears

In “Squid Game,” the hit dystopian television show on Netflix, 456 people facing severe debt and financial despair play a series of deadly children’s games to win a $38 million cash prize in South Korea. Koo Yong-hyun has never had to face down masked homicidal guards or competitors out to slit his throat like the […]

Updated: Oct 6, 2021
Whistle-Blower Unites Democrats and Republicans in Calling for Regulation of Facebook

Key Updates: Oct. 5, 2021, 3:29 p.m. ET Oct. 5, 2021, 3:29 p.m. ET ImageSenator Marsha Blackburn and Senator Richard Blumenthal on Tuesday.Credit…Jim Watson/Agence France-Presse — Getty Images In a virtual news conference immediately after the hearing Tuesday, Senator Richard Blumenthal of Connecticut and Senator Marsha Blackburn of Tennessee heaped praise on their witness. “I […]

Updated: Oct 5, 2021
SoHo Reels Economically As Shoppers Vanish in the Pandemic

“Without tourists, it’s dead down here,” said Carlos Garcia, the manager of Mystique Boutique, a locally owned clothing store on Broadway that now closes at 7 p.m., two hours earlier than it used to. Learn More About N.Y.C. Skyscrapers The Downside to Life in a Supertall Tower: 432 Park, one of the wealthiest addresses in the […]

Updated: Oct 5, 2021
Facebook and some of its apps go down simultaneously.

Daily Business Briefing Oct. 4, 2021Updated  Oct. 4, 2021, 3:40 p.m. ET Oct. 4, 2021, 3:40 p.m. ET ImageFacebook’s internal communications platform, Workplace, was also taken out, leaving most employees unable to do their jobs. Credit…Kelsey McClellan for The New York Times SAN FRANCISCO — Facebook and some of its apps, including Instagram and WhatsApp, […]

Updated: Oct 4, 2021
The Stock Market’s Hot Summer Became a Swoon. Where Does It Go Next?

Just four weeks ago, the stock market looked unstoppable. Seven straight months of gains had left the S&P 500 index up 21 percent for the year, corporations enjoyed record profits and economists predicted the fastest growth in decades. All that changed in September. The S&P 500 suffered its worst monthly drop since the start of […]

Updated: Oct 4, 2021
Merck Says Its Antiviral Pill Is Effective Against Covid

The drug maker Merck said on Friday that its pill to treat Covid-19 was shown in a key clinical trial to halve the risk of hospitalization or death when given to high-risk people early in their infections. The strong results suggest that a new wave of effective and easy-to-use treatments for Covid will gradually become […]

Updated: Oct 3, 2021
Whistle-Blower to Accuse Facebook of Contributing to Jan. 6 Riot, Memo Says

“We will continue to face scrutiny — some of it fair and some of it unfair,” he said in the memo. “But we should also continue to hold our heads up high.” Here is Mr. Clegg’s memo in full: OUR POSITION ON POLARIZATION AND ELECTIONS You will have seen the series of articles about us […]

Updated: Oct 2, 2021
U.K. Aims to Ease Trucker Shortage With Visas Into 2022

LONDON — Britain’s government, under increasing pressure to ease a truck driver shortage and supply-chain issues that have left many supermarket shelves depleted and gas pumps dry, said on Saturday that it was extending the temporary visas being offered to thousands of foreign truck drivers into next year. It also said that military tanker truck […]

Updated: Oct 2, 2021
They Want to Hand Your Kid a Debit Card. What Do You Do?

Then, a few basics. If you’re seeking regular allowance distribution and management, most services can handle that. But if you’re paying your children for chores and want to check tasks off on a line-item basis before pushing money onto a kid’s card, that’s a feature that you should select for specifically. Gohenry does this, and […]

Updated: Oct 2, 2021
What You Need to Know About Molnupiravir, Merck’s Covid Treatment Pill

Merck on Friday announced that its new pill to treat Covid-19 reduced the risk of hospitalization and death by about 50 percent. Merck plans to seek emergency authorization for the antiviral pills to be used in the United States. Here’s what you need to know. Who will get the pills? The pills are meant for […]

Updated: Oct 1, 2021