Business
High Octane and a Stick Shift: Standout Cars as an Era Starts to End

For speed demons — or demons wedded to hellacious fossil-fuel power — the Cadillac CT5-V Blackwing checks off quite a list. A supercharged, 668-horsepower V-8. A top speed above 200 miles an hour. All-day track thrills that would leave any E.V. depleted and gasping, as demonstrated on my endorphin-rushing test laps at Virginia International Raceway. […]

Updated: Oct 1, 2021
Youth Vaping Declined Sharply for Second Year, New Data Show

The latest survey showed that Puff Bars, which sells a variety of flavors, is the most popular brand among youth, with 26 percent of regular high school e-cigarette users reporting Puff as “their usual brand.” Other popular brands include Vuse (10.8 percent) and SMOK (9.6 percent), while just 5.7 percent said their usual brand is […]

Updated: Sep 30, 2021
How Asia, Once a Vaccination Laggard, Is Revving Up Inoculations

Then came the Delta variant. Despite keeping their countries largely sealed off, the virus found its way in. And when it did, it spread quickly. In the summer, South Korea battled its worst wave of infections; hospitals in Indonesia ran out of oxygen and beds; and in Thailand, health care workers had to turn away […]

Updated: Sep 30, 2021
Live Business News: Stock Markets, Vaccine Mandates and Warby Parker

1 hour ago Erin Woo Rosendorff says he had concerns about QC. Wade says he was paid to have concerns. “That’s why you get paid the big bucks.” Rosendorff replies: “Not as big bucks as you get paid.” Cue the biggest laugh of the trial so far. 2 hours ago Erin Woo Wade is making […]

Updated: Sep 29, 2021
Stocks tumble in worst day since May, as tech shares slide and bond yields climb.

2 hours ago Erin Woo We’re back from break! And we’ve taken a big step back in time — now looking at the resume Rosendorff sent Theranos when he applied in 2013. 3 hours ago Erin Woo We’re now going back and forth on who was involved in the R&D process. Rosendorff says he was […]

Updated: Sep 29, 2021
Recent Commercial Real Estate Transactions

Recent Sale $2.95 MILLION 2771-2777 Atlantic Avenue (between Van Siclen and Miller Avenues) Brooklyn This 11,000-square-foot site in Cypress Hills contains three three-story buildings, all built in 1920. The buildings, which were delivered vacant, each have a retail unit and two two-bedroom apartments. Buyer: Yc Atlantic 2 L.L.C. Seller: 2771 Atlantic Realty Seller’s Brokers: Peter […]

Updated: Sep 28, 2021
China Power Outages Close Factories and Threaten Growth

DONGGUAN, China — Power cuts and even blackouts have slowed or closed factories across China in recent days, adding a new threat to the country’s slowing economy and potentially further snarling global supply chains ahead of the busy Christmas shopping season in the West. The outages have rippled across most of eastern China, where the […]

Updated: Sep 28, 2021
Evergrande, Federal Reserve and Britain’s Fuel Shortage: Live Updates

Daily Business Briefing Sept. 27, 2021Updated  Sept. 27, 2021, 3:01 p.m. ET Sept. 27, 2021, 3:01 p.m. ET ImageVisitors looking at Polestar vehicles at the Munich Auto Show in Germany on Sept. 11.Credit…Andreas Gebert/Reuters Polestar, the Swedish high-end electric vehicle company, has signed a deal to go public at a $20 billion valuation, via a […]

Updated: Sep 27, 2021
Goldman Sachs, Ozy Media and a $40 Million Conference Call Gone Wrong

Other figures seem off, but are harder to verify. Ozy told Axios in January that the company’s newsletters had “more than 20 million subscribers.” By comparison, the Morning Brew, a successful newsletter-based business media company, says it has three million subscribers. “I’ve never heard an explanation of Ozy that made sense to me,” said Brian […]

Updated: Sep 27, 2021
New Limits Give Chinese E-Gamers Whiplash

Many in China’s gaming industry agree that games have some downsides. The most popular games in the country are made for smartphones and are free to play, meaning the businesses making them live and die based on how well they draw users in and get them to pay for extras. The game makers have become […]

Updated: Sep 26, 2021