CAIRO — The owner and insurers of the enormous container ship that blocked the Suez Canal for six days in March and disrupted global shipping have reached a settlement with the Egyptian authorities, one of the insurers said on Wednesday. The insurer’s statement did not specify the amount, but said that once the settlement was […]

Daily Business Briefing June 23, 2021Updated  June 23, 2021, 11:51 a.m. ET June 23, 2021, 11:51 a.m. ET Warren Buffett, the chairman and chief executive of Berkshire Hathaway.Credit…Nati Harnik/Associated Press Warren Buffett, the chairman and chief executive of Berkshire Hathaway, said on Wednesday that he had resigned as a trustee of the Bill and Melinda […]

LORDSTOWN, Ohio — Lordstown Motors, a troubled electric-vehicle start-up, began a push to win back the confidence of investors on Monday by demonstrating the abilities of four working prototypes at its Ohio factory. In a rain-soaked parking lot, Lordstown engineers gave analysts, reporters and other visitors brief test rides to show off the acceleration and […]

Daily Business Briefing June 21, 2021Updated  June 21, 2021, 9:52 a.m. ET June 21, 2021, 9:52 a.m. ET Analysts and airline executives have expressed optimism in recent weeks that demand for travel is strong.Credit…Nitashia Johnson for The New York Times Airline ticket sales fell a little in May after rising steadily in the first four […]

Last month, I texted Tucker Carlson to ask him a question that was on my mind: “Did you get vaccinated?” “When was the last time you had sex with your wife and in what position?” he replied. “We can trade intimate details.” Then we argued back and forth about vaccines, and he ended the conversation […]

Nearly a generation after the electronic postcard was introduced, demand for digital greeting cards surged last year as the pandemic isolated people from their social circles. With in-person interactions reduced and stores closed, people seeking to connect with family, friends and co-workers embraced e-cards, a gimmick that had a heyday in an earlier internet era […]

After being invited to the National Prayer Breakfast as the student president of Bucknell University, she became one of the original eight college graduates who lived together in Washington, D.C., as the youth outlet of “The Family,” a Christian organization then led by Douglas Coe. The group’s rigid and insular practices were described in Jeff […]

Canned tuna is high in protein, low in fat and by far the most popular shelf-stable seafood in the United States. It can also be mysterious, questionable and scandalous. As The Washington Post reported in late January, Subway — the world’s largest sandwich chain — is currently facing a class-action lawsuit in the state of […]

Stocks had their biggest daily decline in over a month on Friday, capping a week of turbulence on Wall Street as investors struggled to calibrate their expectations for inflation and interest rates. The S&P 500 fell 1.3 percent, its biggest drop since May 12 and a decline that stood out because the index had made […]

Bankers flock back to Manhattan Thousands of Goldman Sachs employees returned to their desks in New York this week, marking the beginning of the postpandemic era of investment banking. Their counterparts at Barclays were back en masse too, while others are trickling in more slowly. What did many Wall Streeters’ first week back in the […]