Business
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China Has Reopened to Tourists. The Hard Part Is Getting There.
When the Chinese government announced last month that it would fully reopen its borders to foreign travelers, the news came as a jolt of relief to the millions of Chinese immigrants overseas who have been separated from their relatives since 2020 ...
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The Real-World Costs of the Digital Race for Bitcoin
Texas was gasping for electricity. Winter Storm Uri had knocked out power plants across the state, leaving tens of thousands of homes in icy darkness. By the end of Feb. 14, 2021, nearly 40 people had died, some from the freezing cold. Meanwhile, in ...
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$388 in Sushi. Just a $20 Tip: The Brutal Math of UberEats and DoorDash
Brantley Bush couldn’t shake the fear that he was about to be ripped off. It was a chilly Saturday evening, and Mr. Bush, a delivery driver for Uber Eats, was waiting in an alley next to a dumpster in the Pacific Palisades neighborhood — a decidedly ...
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The Week in Business: Cuts to Oil Production
Credit...Giulio BonaseraWhat’s Up? (April 2-8) Surging Oil Prices An unexpected move by Saudi Arabia, Russia and other members of OPEC Plus to cut oil production by more than 1.2 million barrels a day, or more than 1 percent of the world’s supplies ...
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Work From the Office, Get Laid Off at Home
McDonald’s temporarily closed its corporate offices this week so it could lay off workers virtually. Was that a good idea?
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How A.I. and DNA Are Unlocking the Mysteries of Global Supply Chains
At a cotton gin in the San Joaquin Valley, in California, a boxy machine helps to spray a fine mist containing billions of molecules of DNA onto freshly cleaned Pima cotton. That DNA will act as a kind of minuscule bar code, nestling amid the puffy ...
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Crypto Entrepreneur and Celebrity Promoters Face S.E.C. Charges
The agency charged Justin Sun with violations of securities law in a scheme involving the actress Lindsay Lohan and other celebrities.
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Biden Administration to Curb Toxic Pollutants From Chemical Plants
The rule would affect the majority of chemical manufacturers, which have plants spread across the Gulf Coast, the Ohio River Valley and in West Virginia.
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Chinese Officials Flock to Twitter to Defend TikTok
The company has tried to distance itself, but the information push shows just how deeply invested Beijing is in its fate.
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In Ohio, Electric Cars Are Starting to Reshape Jobs and Companies
Erick Belmer has seen how tough the car business can be. He was working at a General Motors plant in Lordstown, Ohio, when it shut down in 2019, devastating the community. Mr. Belmer, an industrial mechanic, got another job at a G.M. transmission ...