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April 12, 2026

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Business Update

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In the U.S., a Summer Travel Slump Looms

Raj11 months ago01 mins

Many airlines, hotels and analysts are forecasting a downbeat tourism season in America, as threats of tariffs and unpopular policy decisions take their toll. Source link

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  • Business

Federal Reserve Plans to Cut 10% of Its Staff

Raj11 months ago01 mins

In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the institution would offer a voluntary deferred resignation program. Source link

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  • Business

A Campaign Against an Airline That Flies Deportees for ICE Lands in Court

Raj11 months ago01 mins

Seth Miller, a state lawmaker in New Hampshire, placed billboard ads protesting Avelo Airlines’ decision to operate deportation flights for the federal government. Avelo accused him of copyright infringement. Source link

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Novo Nordisk to Replace C.E.O. After Losing Edge in Weight-Loss Drugs

Raj11 months ago01 mins

The Danish drugmaker, which makes Ozempic and Wegovy, has seen its stock tumble as competition in the weight-loss drug market has grown fiercer. Source link

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Republican Tax Bill May Hurt the Lowest Earners and Help the Richest

Raj11 months ago01 mins

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off. Source link

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Retirees Are Filing for Social Security Earlier. Why?

Raj11 months ago01 mins

An additional 276,000 people filed for Social Security benefits so far this fiscal year, up 13% from a year ago. Anxiety appears to be a driver. Source link

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Who Took the ‘Napalm Girl’ Photo?

Raj11 months ago01 mins

Questions about the credit for a famous photograph from the Vietnam War have divided the photojournalism community for months. Source link

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Cable Giants Charter and Cox to Merge in $34.5 Billion Deal

Raj11 months ago01 mins

The combination, which must pass muster with antitrust authorities, would create one of the biggest TV and internet providers in the United States. Source link

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Inside the Rift Over Trump’s A.I. Deals in the Gulf

Raj11 months ago01 mins

The president’s Middle East visit produced multibillion-dollar technology investments by the Saudis and Emiratis. But they face political pushback at home. Source link

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  • Business

Trump’s Movie Tariffs Run the Risk of a Second, More Damaging, Trade War

Raj11 months ago01 mins

Hollywood offers a service, and services are what really drive the U.S. economy. President Trump’s proposed tax could set off a second, and more damaging, trade war. Source link

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Peloton’s Latest Leader Thinks He Can Coach It Back to Health

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