Business

Justice Department Investigating Troubled Infant Formula Plant

Abbott shut down production at the plant last year amid “shocking” sanitation lapses, touching off a disruptive infant supply formula…

Layoffs at Tech Giants Reverse Small Part of Pandemic Hiring Spree

Some of the biggest tech companies have announced tens of thousands of job cuts. But even after the layoffs, their…

Who wants to live forever?

Countries and companies are facing an aging crisis, and experts say policymakers and business leaders need to rethink how they…

Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign

Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.

Tech Layoffs Shock Young Workers. The Older People? Not So Much.

The industry’s recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical…

Vox Media to Cut 7 Percent of Workers

The company, which publishes New York magazine, The Verge and numerous other brands, joins a parade of tech and media…

Savings Accounts for Disabled People Are Opened to More of Them

Only those who became disabled by age 26 have been eligible for ABLE accounts. But Congress raised the age to…

Rate Increases Have a ‘Ways to Go,’ a Top Fed Official Says

John C. Williams, the president of the Federal Reserve Bank of New York, said central bankers must “keep moving” in…

Google Calls In Help From Larry Page and Sergey Brin for A.I. Fight

A rival chatbot has shaken Google out of its routine, with the founders who left three years ago re-engaging and…

Google Parent Alphabet to Cut 12,000 Jobs

The layoffs amount to about 6 percent of the global work force at the company, the latest tech giant to…

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