Business

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…

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…

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…

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…

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…

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…

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…

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…

The Trillion-Dollar Question: Could a Coin Save the Day?

The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to…

Bank of England Raises Rates to 4 Percent, Its 10th Straight Increase

The bank raised rates by half a point to the highest since 2008, but softened its tone on future rate…

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