Business
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After a Terrible Year for Bonds, the Outlook Is Better
October capped their worst 12-month period ever, and the economy is under pressure. Yet the fundamental math of bond returns bodes well for 2023, our columnist says.
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To Rein In Big Tech, Europe Looked Beyond Lawsuits. Will the U.S. Follow?
The largest American banks are classified as “systemically important” and subject to more stringent scrutiny. Some lawmakers want to do the same for Big Tech.
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In a Future Filled With Electric Cars, AM Radio May Be Left Behind
Carmakers say electromagnetic interference causes static and noise on AM transmissions, annoying customers. Broadcasters say they could lose a connection to their core listeners, who rely on the radio for emergencies.
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Critics Say Musk Has Revealed Himself as a Conservative. It’s Not So Simple.
Elon Musk has tweeted about political topics regularly since taking over Twitter, often belittling some liberal causes. But what he stands for remains largely unclear.
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Sam Bankman-Fried Agrees to Testify Before House Committee
The FTX founder said on Twitter he would appear before a House committee next week, but was quiet about a similar request from a Senate committee.
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Penguin Random House C.E.O. Steps Down
The chief executive of the largest publisher in the U.S., Penguin Random House, has stepped down. Markus Dohle had overseen the attempted acquisition of Simon & Schuster.
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Workers at E.V. Battery Plant in Ohio Vote to Unionize
The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.
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The Stakes Behind the F.T.C.’s Bid to Block Microsoft’s Big Deal
In seeking to oppose the $69 billion takeover of Activision Blizzard, the agency is hoping to revamp the nation’s antitrust rules — even if it loses.
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Meta Battles U.S. Antitrust Agency Over Future of Virtual Reality
A trial that began Thursday will serve as a test of the Federal Trade Commission’s argument that Facebook’s parent company is trying to buy its way to dominance in the nascent virtual and augmented reality markets.
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These Sustainable Watch Brands Make a Case for Slow Fashion
“Five years from now, we’re still going to be improving our environmental impact,” one founder said.