Business

Ex-Abercrombie CEO may dodge sex trial as lawyers claim dementia and Alzheimer’s

A neuropsychologist who examined Jeffries in October concluded he likely has dementia with behavioral disturbance, Alzheimer’s disease and Lewy body ...

American Air says holiday delays caused by vendor tech glitch

The carrier said Tuesday that a network hardware-related issue has been resolved and flights have resumed. Read More

NORAD’s Santa tracker, now used by millions, started as a morale booster during the Cold War

It started with a child’s accidental phone call in 1955. Read More

These stores are open—and closed—on Christmas Day 2024

You’ll have to hunt for that very last-minute present or recipe item. Read More

Sebastian Zapeta, the man accused of burning a woman to death inside a New York City subway train, reportedly used a shirt to fan the flames

Federal immigration officials say Zapeta, 33, is a Guatemalan citizen who entered the U.S. illegally. Read More

Here’s which restaurants are open on Christmas Day 2024

With Thanksgiving less than a month ago, it’s ok to not want to cook. Read More

Starbucks barista strike expands on fifth day of closures

Over 5,000 workers in Boston, New York and Philadelphia, among other cities, planned to join the work stoppage on Tuesday. ...

You’re wasting nearly 5 whole days a year just scrolling for something to watch on Netflix and YouTube, study finds

One in five believe it’s harder to find something to watch today than it was 10 years ago. Read More

The Fed is weighing ‘significant changes’ to its annual stress tests for large U.S. banks to lessen the risk of large year-on-year swings

The stress test has helped banks more than double their capital levels over the past decade-plus. Read More

La-Z-Boy launches ‘never recline’ petition for airplane passenger seats—and it’s closing in on 200,000 signatures

Petition signers can win a free recliner and $500 toward a flight. Read More

Most people scorn AI hallucinations, but researchers love them—and one scientist says they helped him win his Nobel Prize

In October, David Baker was the only American scientist to win the Nobel Prize in Chemistry. Read More

Syria dissolves rebel factions as al-Sharaa consolidates power

Several groups agree to merge under defence ministry as interim government seeks to unite fractured country

Biden will decide whether US Steel can be sold to a Japanese company for $15 billion

Some federal agencies were skeptical that allowing a Japanese company to buy an American steelmaker would create national security risks. ...

Millennials and Gen X will inherit $83.5 trillion in the next two decades—but not before spouses of the wealthy obtain their $9 trillion

The report from UBS also had some good news for consumers. Not only is it easier to climb the wealth ...

US banking lobby sues Fed over stress test framework

Announcement comes a day after central bank unveiled proposed changes to annual examinations

A year after Bayer got rid of bosses and asked staff to self-organize, its CEO says attrition has fallen

Bayer told workers to self-organize last year as part of a plan to save €2 billion in costs by 2026. ...

Prosecutors withdraw appeal against Alec Baldwin in fatal shooting on set of ‘Rust’

Baldwin’s lawyers said the decision was a vindication: “This was an unspeakable tragedy but Alec Baldwin committed no crime.” Read ...

Russia’s multi-billion dollar revenue stream may soon grind to a halt, thanks to Ukraine. Its ripple effects could hit Europe

Despite the war, Russia has long had a deal in place to transit its gas exports via Ukraine to Europe. ...

Americans over 75 have the highest rates of suicide. How to prevent depression with aging, according to AARP

We need to address mental health across the whole life course—including with older people, who are at some of the ...

Cisco’s John Chambers: India, not China, is the future

“Your currency in the world is your track record, your relationships, and your trust. And China’s hurting at all three.” ...

Entrepreurial advice from a founder-CEO more than 15 years in: Build for the long game—and forget about being first

Startup founders should be thinking a decade into the future from day one, says Thumbtack CEO Marco Zappacosta. Read More

Amazon CEO Andy Jassy: An ‘embarrassing’ amount of your success in your 20s depends on your attitude

But aspirational workers need to follow through on a can-do attitude with action, Jassy added. Read More

Credit unions: What makes them special? How are they different from banks?

A credit union provides deposit accounts and lending products—just like a bank—plus a range of other services. The big difference ...

The mortgage interest deduction could save you thousands on your taxes. Here’s how to know if it’s right for you.

The home mortgage interest deduction can help some filers maximize their tax refund. But it’s less useful now than in ...

Live Nation hopes for another big year of acquisitions despite an antitrust lawsuit that could lead to a break-up

LiveNation acquired stakes in a number of companies in 2024, and plans more in 2025. Read More

Biden and Democrats seal judicial confirmation push to beat Trump’s tally

Wave of confirmations attempts to balance rightward swing on the federal bench with a diverse range of candidates

The nation’s favorite chocolate is ‘disappointed’ as Britain’s King Charles strips Cadbury of its royal warrant—for the first time in 170 years

Cadbury was among 100 firms including Unilever missing from a new list of 386 royal warrant holders, although Bacardi and ...

Macron unveils new government under Francois Bayrou—France’s fourth prime minister of the year

French President Emmanuel Macron named a new government Monday evening to help drag the second-largest EU economy out of political ...

Defaults on leveraged loans soar to highest in 4 years

Borrowers turn to distressed exchanges in the face of punitive interest rates

SpaceX, Amazon in talks with British Airways owner on Wi-Fi deal

Starlink, SpaceX’s internet-from-space initiative, serves around 4 million customers through a network of thousands of satellites in a relatively low orbit ...