Business
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The Latest Trend on Yachts? Submersibles.
Only boats at least 120 feet long can hold a sub, which typically costs between $2 million to $7 million. Manufacturers of the deep-sea vessels say many of their clients are wealthy enthusiasts.
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As Hollywood Strikes Roll On, Viewers Have a Chance to Catch Up
After years of being inundated with new shows, some are using a pause in production to finally watch all the stuff they missed when it came out.
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Yellow Says It Will Repay Federal Debt. Legal Experts Are Skeptical.
The trucking company, which has filed for bankruptcy protection, owes more than $700 million to the Treasury Department.
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Consider Bonds
Stocks command most of the attention. But even after the latest U.S. debt downgrade, bonds are steady, essential investments, our columnist says.
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A New FAFSA Form Is Coming, Along With Changes in College Aid
In addition to the new form, the federal government will expand eligibility for federal aid in the biggest overhaul in decades.
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Regulators Agree to Expansion of Driverless Car Services in San Francisco
Autonomous Cruise and Waymo taxis have been buzzing around the city for some time, and now they can offer round-the-clock rides for pay.
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Inflation Picks Up, but Details Under the Surface Are Encouraging
Economists looked past the first acceleration in overall inflation in more than a year and saw signs that price pressures continued to moderate in July.
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For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch
The company has lost more than $11 billion on streaming since 2019 and experienced a sharp decline in its traditional TV business for the second straight quarter.
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Lessons From a Law Firm’s Decision to Leave China
Dentons’ decision to quit the country and new investment limits by the Biden administration underscore the growing challenges facing Western companies there.
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Goldman Sachs’s C.E.O. Whisperer Takes a Step Back
John Rogers, one of the Wall Street firm’s most influential executives, will hand over his chief of staff role to Russell Horwitz, a onetime deputy.