Business
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Reasons for Optimism in 2023
Even in a world facing many challenges, there are reasons to be hopeful about next year and beyond.
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The Week in Business: Who Comes After Elon Musk?
Mr. Musk said that he would resign as Twitter’s chief executive once he found a successor “foolish enough to take the job.” YouTube reaches deal for the rights to stream N.F.L.’s Sunday Ticket games. And Mark Zuckerberg appears in court in an antitrust hearing.
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This Year Was the Beginning of a Green Transition
For almost half a century, the world has talked about quitting its addiction to fossil fuels. Yet, year after year, we remain stuck with the same old dirty energy system. The consequences of that delay are now upon us, with the climate crisis ...
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What Is a ‘Bomb Cyclone’?
The storm pummeling large swaths of the United States and Canada is what forecasters call a “bomb cyclone.” While this kind of storm is not exceedingly rare, this one is very strong, with high winds that are bringing heavy snow or rain to many areas ...
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For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
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BlackRock’s Pitch for Socially Conscious Investing Antagonizes All Sides
Right-wing officials are attacking BlackRock for overstepping. Those on the left say the world’s biggest asset manager is not doing enough.
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France Desperately Needs Workers, but the Fixes Could Anger Left and Right
Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of jobs.
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Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers
Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.
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Elon Musk’s Distraction Is Just One of Tesla’s Problems
The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with Twitter.
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Black Ice and White Knuckles: Braving the Elements on Iceland’s Ring Road
In summer, the roughly 830-mile route offers drivers midnight sun, along with plenty of traffic. Other times of the year, its snowy delights are more solitary, and slippery.