Rising Markets Lift Hedge Funds to Huge Gains
The 20 best-performing hedge funds made $67 billion in gains last year, a big jump from the year before.
WWE’s ‘Raw’ to Move to Netflix in $5 Billion Deal
The weekly wrestling program will move to Netflix in 2025 as part of a 10-year agreement that represents a big leap into live events for the streaming platform.
Why China Has Lost Interest in Hollywood Movies
No American films ranked among the 10 highest grossing in China last year as viewers who once flocked to foreign blockbusters continued to disappear.
Detroit Businesses Are Loving the Lions’ Playoff Run
The N.F.L. team’s success in the playoffs has provided much joy and a boost for local businesses around the team’s stadium.
Jack Ma Doubles Down on Alibaba
China’s most famous entrepreneur has been out of the spotlight after clashing with officials. But in recent months, he has been buying shares in the tech giant he co-founded as its stock has plunged.
China Appears to Backpedal From Video Gaming Crackdown
A proposal to tighten restrictions on online video games disappeared from a regulator’s website, weeks after the plan prompted a sell-off in tech stocks.
China’s Travel Economy Is Slowly Coming Back. Here’s Where It Stands.
Over a year after China opened its borders following the pandemic, international trips are still lagging, although domestic travel is more popular.
Ruth Ashton Taylor, Early Radio and TV Newswoman, Dies at 101
In the late 1940s, she was the only woman working on radio documentaries for CBS’s Edward R. Murrow. In Los Angeles, she was a pioneering newscaster and anchor.
Netflix’s Head of Film, Scott Stuber, Is Departing
Scott Stuber attracted Oscar-winning filmmakers to the streaming service and helped usher the entertainment industry into the streaming era.
New Hampshire Officials to Investigate A.I. Robocalls Mimicking Biden
The calls, in a voice most likely artificially generated, urged people not to vote in Tuesday’s primary.
Tensions Erupt at Los Angeles Times as Owner Weighs Deep Cuts
The biggest news organization on the West Coast has been roiled by the potential layoffs of roughly 100 newsroom employees.
Macy’s Rejects Takeover Bid, but Remains ‘Open to Opportunities’
The retailer, which has struggled to increase its sales as shoppers cut back, acknowledged that it had received an unsolicited buyout offer, which it said ‘lacks compelling value.’
Digital World Shares Surge as Republican Primary Field Narrows
Shares of the SPAC that plans to merge with Trump Media jumped after Donald Trump’s rival Ron DeSantis quit the primary race.
Global Galleries Return to an Expanding London Scene
After a four-year break, the collaborative exhibition Condo is again luring international dealers to the city, where contemporary art is buoyant, against the odds.
Exxon Sues to Prevent Climate Proposal From Shareholder Vote
The complaint, filed in a U.S. District Court in Texas, said a proposal by activist investors calling for the oil giant to cut emissions faster would not create shareholder value.
Brainard Pitches Biden’s Economic Efforts In Hard-Hit Regions
Lael Brainard, the National Economic Council director, contends the administration deserves credit for recent gains in areas battered by past job losses.
How One DEI Initiative Changed Course With the Times
Amid a fresh backlash against D.E.I. efforts, OneTen met resistance as a program for Black workers only. It has shifted its emphasis to “equity for all” and a more hands-on approach.
Americans’ Economic Confidence Is Returning. Will Biden Benefit?
The White House is embracing a nascent uptick in economic sentiment. It is likely good news — but how it will map to votes is complicated.
FAA Tells Airlines to Check Door Plugs on Boeing 737-900ER
The aviation agency issued a safety alert recommending that airlines inspect door plugs on a Boeing 737 plane that has the same design as the 737 Max 9.
GOP Donors Face Dilemma as DeSantis Drops Out
Ron DeSantis’s exit, and Nikki Haley’s struggle to make headway against Donald Trump, are forcing Republicans to make a tough choice.