Finance
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Tech’s Biggest Companies Discover Austerity, to the Relief of Investors
After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a…
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Ford Says Sales in January Increased 2%
The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.
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Alphabet’s Profit Falls 34% Amid Ads Slowdown
Google’s parent company reported its fourth consecutive drop in quarterly profit, weeks after culling 6 percent of its work force…
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Un imponente buque se convirtió en un problema ambiental. Brasil va a hundirlo
El viejo portaaviones, antaño buque insignia de la Armada, está repleto de asbesto. Ningún país, incluido Brasil, permite que atraque…
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A Proud Ship Turned Into a Giant Recycling Problem. Brazil Plans to Sink It.
The old aircraft carrier, once the navy’s flagship, is packed with asbestos. No country, including Brazil, will let it dock…
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Why Grandma’s Nutrition Drink Is So Hard to Disrupt
In 2018, Barry Nalebuff’s 89-year-old father entered the hospital for hip surgery and came out a daily drinker of the…
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Deese, Top Economic Aide to Biden, Will Step Down This Month
Brian Deese, the director of the National Economic Council, played a pivotal role in negotiating economic legislation the president signed…
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European Central Bank Raises Rates Again as Eurozone Inflation Persists
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them…
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Shell’s Profit Soared to $42 Billion Last Year
The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief…
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Falling Mortgage Rates Bring Some Home Buyers Back to Market
Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of…