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Updated: 4 hours 13 min ago

Buried in Wegovy Costs, North Carolina Will Stop Paying for Obesity Drugs

Sat, 01/27/2024 - 00:22
Starting April 1, state employees in North Carolina will no longer have insurance coverage for costly weight-loss medications like Wegovy and Zepbound.

As Americans Buy Less Beer, Breweries, Bars and Supermarkets Scale Back

Fri, 01/26/2024 - 22:17
Many breweries, bars and supermarkets that once offered a dizzying array of new beers are now paring back to a chosen few.

JetBlue Says It May Back Out of Deal to Acquire Spirit Airlines

Fri, 01/26/2024 - 21:54
JetBlue now says that it could back out of the acquisition just a week after the company said it intended to appeal a judge’s decision to block the deal.

Apple Takes Messaging Crackdown to Customers’ Macs

Fri, 01/26/2024 - 21:50
Beeper Mini customers were using their Mac computers to connect to iPhone messaging on their Android phones. Now, they say Apple has blocked the messaging service on their Macs.

More Tenants Can Now Add Rent Payments to Their Credit Score

Fri, 01/26/2024 - 19:30
Policymakers view the reporting of an on-time pattern as a way to reduce disparities in homeownership.

Lina Khan’s FTC Takes On AI Deals like Microsoft-OpenAI

Fri, 01/26/2024 - 18:18
The agency is concerned that transactions including Microsoft’s $13 billion investment in OpenAI could hinder competition and innovation.

Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.

Fri, 01/26/2024 - 15:31
Federal judges are weighing whether digital currencies should be subject to the same rules as stocks and bonds. The outcome could shape crypto’s future in the U.S.

Will Fanatics Upend the World of Sports Collectibles?

Fri, 01/26/2024 - 15:30
Powered by its connections with leagues and star athletes, the merchandising giant has entered the hobby universe with deep pockets and sharp elbows. Not everyone is happy.

As China’s Markets Stumble, Japan Rises Toward Record

Fri, 01/26/2024 - 10:31
A change in perception among investors about China and Japan is one of the biggest themes in the markets right now.

Edward E. Crutchfield, 82, Dies; Banker’s Deals Reshaped the Industry

Fri, 01/26/2024 - 09:38
He built a small Southern bank into a regional powerhouse, helping to turn Charlotte, N.C., into a national financial hub.

How to Know if You’re Scheduled on a Boeing 737 Max 9, and What Your Options Are

Fri, 01/26/2024 - 07:01
With inspection guidelines set for the grounded planes, airlines could start flying the 737 Max 9 later this week. Here’s what travelers should know.

Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Fri, 01/26/2024 - 05:35
The Federal Aviation Administration’s decision to limit Boeing’s production of 737 Max planes could hurt airlines that are struggling to buy enough new aircraft.

Met Opera Taps Its Endowment Again to Weather Downturn

Fri, 01/26/2024 - 04:50
The company has withdrawn nearly $40 million in additional funds from its endowment to cover expenses, but sees signs it may be emerging from its post-pandemic woes.

Taking on Trump, Biden Promotes ‘Infrastructure Decade’ in Wisconsin

Fri, 01/26/2024 - 04:42
The president made the trip to promote a $1 billion infrastructure project, contrasting his performance with the chaotic “Infrastructure Week” plans of former President Donald J. Trump.

Cruise Says Hostility to Regulators Led to Grounding of Its Autonomous Cars

Fri, 01/26/2024 - 04:15
A law firm’s review found that executives had failed to fully explain an October crash, which the Justice Department is also investigating.

Microsoft, Amazon and Google Face F.T.C. Inquiry Over A.I. Deals

Fri, 01/26/2024 - 03:02
The agency plans to scrutinize Microsoft, Amazon and Google for their investments in the A.I. start-ups OpenAI and Anthropic.

N.S.A. Buys Americans’ Internet Data Without Warrants, Letter Says

Fri, 01/26/2024 - 03:01
The disclosure comes amid congressional scrutiny and a Federal Trade Commission crackdown on commercial data brokers.

Bernard Arnault Names 2 More Sons to LVMH Board, Cementing Family Control

Fri, 01/26/2024 - 01:01
The move by France’s richest man extends a carefully planned succession strategy for the world’s biggest luxury company.

Business Insider Laying Off 8% of Staff

Fri, 01/26/2024 - 00:56
In an internal note about the job cuts, the company’s chief executive cited its plan to shift focus solely to news coverage of business, tech and innovation.

Microsoft Cuts 1,900 Jobs in Its Video Game Division

Fri, 01/26/2024 - 00:53
The reductions come three months after the tech giant completed its $69 billion acquisition of Activision Blizzard.

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