Here’s what you need to know: Joseph R. Biden Jr., then vice president, at a 2015 event calling for a $15 minimum wage in New York.Credit…Damon Winter/The New York Times President Biden plans to sign an executive order on Tuesday raising the minimum wage paid by federal contractors to $15 an hour, the latest in […]

Tesla announced a solid quarterly financial performance on Monday reflecting continuing increases in sales and production around the world. The electric-car maker reported earnings of 39 cents per share in the first quarter. That was a significant increase from the 24 cents per share it reported for the fourth quarter of 2020. A year ago, […]

“It really spoke to the power of Apple controlling the operating system,” said Brian Wieser, president of business intelligence at GroupM, an advertising industry firm. “Facebook isn’t in control of its own destiny.” At Facebook, Apple’s privacy moves were viewed as hypocritical, said three current and former Facebook employees. Apple has long had a lucrative […]

WASHINGTON — Four months after Congress approved tens of billions of dollars in emergency rental aid, only a small portion has reached landlords and tenants, and in many places it is impossible even to file an application. The program requires hundreds of state and local governments to devise and carry out their own plans, and […]

Good morning. Have you gotten your vaccine yet? The Biden administration is offering tax breaks to companies that give their workers paid time off to get their shot. Here’s what else you should know in business and tech for the week ahead. — Charlotte Cowles What’s Up? (April 18-24) Green Ambitions On Earth Day, President […]

Inside a state-of-the-art lab, tucked in an industrial neighborhood on Vancouver Island in British Columbia, employees wearing protective suits move around two clear boxes, careful not to disrupt the tubes and sensors that keep temperature and humidity constant. Inside the boxes are mushrooms. But not just any mushrooms. They are psychedelic — “magic” — mushrooms […]

Sun Dawu, an outspoken rural businessman who has been a thorn in the side of China’s ruling Communist Party, has been formally arrested on a number of charges, months after being taken into detention. Mr. Sun, who has been held in the northern province of Hebei since November, faces charges of illegal fund-raising and obstructing […]

Contingencies “Right now, sellers are in the position where they can direct buyers to have as few contingencies as possible,” Ms. Newquist-Nolan, the California broker, said. That’s a smart move, she said, because fewer contingencies means fewer opportunities when a transaction might fall through. Take home inspections for example. From September 2020 through February 2021, […]

“No matter what the headlines have been, no matter how the market’s turned, we always tend to find bookings rebounding fastest, soonest and greatest in those markets,” said Vasu Raja, American’s chief revenue officer. United said it expected to be able to make money even with corporate and long-haul international travel down 35 percent. (Both […]

Here’s what you need to know: Shoppers in the Bronx this month. Government assistance has enabled more consumer spending, contributing to recent gains in the labor market.Credit…Karsten Moran for The New York Times The latest update on the labor market is scheduled to arrive Thursday morning when the government releases its weekly report on jobless […]