Business

U.S. Gas Prices Plunging as Holiday Travelers Hit the Road

With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 percent in three months.

The Fallout From Sam Altman’s Return to OpenAI

The reinstatement of the A.I. start-up’s chief executive also means business interests have gained ground over those worried about the…

Sam Altman Is Reinstated as OpenAI’s Chief Executive

The move capped a chaotic five days at the artificial intelligence company.

The Strange $55 Million Saga of a Netflix Series You’ll Never See

Near the height of the streaming boom in the fall of 2018, a half-dozen studios and video platforms lined up…

Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale

A battery plant in Michigan will be smaller than planned, Ford said, citing slower E.V. demand than expected, as well…

Jeff Zucker Nears Major Deal to Re-enter the News Business

The veteran TV executive is poised to take control of two prominent British news outlets, The Daily Telegraph and The…

Music Licensing Giant BMI Sells to Private Equity Firm

Broadcast Music Inc., one of the major performing rights organizations in the United States, collected $1.57 billion and distributed $1.47…

Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn

Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.

Binance Founder Agrees to Plead Guilty to Violating Money Laundering Rules

Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the…

Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn

Minutes from the Federal Reserve's early November meeting suggested another rate increase remained possible, but officials were in no hurry.

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