NYT > Business

A Pope From Chicago Was Elected. The White Sox Were Resurrected.

The elevation of Pope Leo XIV, a Chicago native and lifelong supporter of the Sox, was a godsend for a team failing on the field and with fans.
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How to Plan an African Safari

From budgeting to timing your trip, here’s what to consider before you go.
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China’s Export Boom Rolls On Despite Trade Backlash

China’s factories are finding eager buyers abroad even as weak consumer spending and a prolonged property slump weigh on growth at home.
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FIFA Executives Were Given Ultimatum to Approve World Cup Privatization Plan

The day before the World Cup final, key FIFA figures faced a stunning demand to sign off on a multibillion-dollar privatization project.
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Amid Cyclospora Outbreak, Demand for Locally Grown Lettuce Surges

Small produce stands and farmers’ markets are seeing a surge in demand for leafy greens as sales of lettuce and salad kits from grocery chains and big retailers drop.
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Drought Threatens a Vital Economic Artery in the Heart of Europe

The Rhine conveys vessels and cargo that power European industry. Record low water levels are disrupting supply chains, adding costs and presenting fresh risks to growth.
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China’s Unitree Prices IPO in Bet Investors Are Ready for Humanoid Robots

Unitree Robotics wants to raise about $900 million in an I.P.O. that tests market interest in humanoid robots, a technology that wows but has yet to prove its viability.
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The ‘Heated Rivalry’ Star Hudson Williams Uplifts a Canadian Tire Bag

After the actor Hudson Williams was photographed carrying a plaid reusable shopping bag, priced under $2, the tote has become a viral fashion accessory.
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What’s Behind the A.I. Shake-Up at Google

A new role for Demis Hassabis, the head of Google’s artificial intelligence unit, reflects reality at the tech giant. Investors remain worried.
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Follow the Markets and Track Stocks With These Free Apps

Google Finance and Apple’s Stocks app have added new features over the years to make them more useful for tracking the markets and your investments.
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Why So Many C.E.O.s Are Getting a Chief of Staff

The position as a trusted sounding board is in high demand as business gets more complex — and everyone wants to get in on the latest bureaucratic fad.
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F.D.A. Approves Moderna’s mRNA Flu Vaccine

The agency had initially refused to even review the application but reversed course after a public outcry.
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TikTok Lays Off 250 Employees in Office That Includes Content Moderation

TikTok did not give a detailed reason for the layoffs, which will shutter its Nashville office.
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Bessent Declares Widening Gap Between Rich and Poor ‘Dead’

Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
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Bunny Dolls and Disturbing Allegations: Max Miller’s Strange CNN Interview

In a 23-minute appearance with the anchor Jake Tapper, the Ohio Republican made an unusual effort to rebut a multitude of allegations that have threatened his re-election bid.
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Pilot Smuggled 55 Pounds of Ecstasy Into Indonesia, Officials Say

The pilot, identified only by his initials, also tested positive for ecstasy and cocaine when he was arrested last week at the Jakarta airport, the Indonesian police said.
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What the Stock Market’s Record Rally Has to Do With Rescuing the Yen

The wide impact of the U.S. intervention into the Japanese currency shows the extent to which global markets’ revolve around investments in artificial intelligence.
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Four Top Google A.I. Researchers Form New Start-Up

Jeff Dean, who for years was one of Google’s most important executives, is leading the new artificial intelligence company with the backing of Google.
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Climate Change Comes to Sesame Street

An episode this week focuses on the dangerous effects of warming, without mentioning climate change.
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How Malta Became a Tax Haven for Crocs and Other U.S. Companies

The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.
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How China’s A.I. Is Surging Across Africa

In African tech hubs, developers are picking China’s cheap, freely available artificial intelligence models over more powerful U.S. ones.
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The Winners of Trump’s A.I. Safety Plan

The Trump administration’s new safety review guidelines appear to exempt Chinese artificial intelligence models. OpenAI’s and Anthropic’s aren’t.
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The New York Times’s Revenue Rises 11% as Costs Increase

The company said it added 280,000 digital subscribers in the second quarter, fewer than the previous quarter.
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Disney Theme Parks Report Strong Results, While Comcast’s Universal Parks Dip

Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter.
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Disney+ Cracks Open the Door to TikTok Creator Videos

Disney said it would allow “thoughtfully curated” fan-created videos, using clips from its library, to appear on the streaming service.
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Wildfire Smoke and Airport Chaos: My Summer Vacation From Hell

Used to chronicling other people’s vacation disasters, a travel reporter faced the new normal on her own long-awaited family trip.
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Chipotle Removes Jalapeños Linked to Salmonella Outbreak From Its Restaurants

The Minnesota Department of Health said it had identified 110 salmonella cases in this outbreak, and the F.D.A. is also investigating.
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Appeals Court Says E.P.A. Cannot Block Billions in Climate Grants

The funds have been frozen since early in President Trump’s second term.
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Judge Sets Paramount-Warner Bros. Merger Trial for March

Paramount, which struck a $111 billion deal to acquire Warner Bros., had requested a November trial for an antitrust lawsuit brought by state attorneys general.
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SpaceX, in First Earnings After IPO, Reports Soaring AI Spending

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.
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Justice Dept. Charges Doctor in $95 Million Skin Substitute Fraud Scheme

Dr. Stephen Dubin, a wound care doctor in Nevada, is accused of applying unneeded, expensive wound coverings to seniors. He used the profits to buy yachts, the department said.
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S&P 500 Hits Record High as Stock Market Worries About Iran and AI Ease

The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
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Man’s Claim That Brakes Failed on Jaguar Was Scam to Avoid Car Payments, Court Rules

Nathan Owen called the police, saying he was trapped in a runaway car. A judge determined it was a lie and sentenced him to more than four years in prison.
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Medicaid Urges States to Increase Autism Therapy Oversight

The program’s spending on the therapy has quintupled since 2021, far outstripping the growth in diagnoses and raising concerns about overprescribing and fraud.
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Warsh Wanted ‘Regime Change.’ A Reset Might Need to Come First.

After his latest appearance set off a bout of volatility, Kevin M. Warsh, the chairman of the Federal Reserve, is under pressure to clear up mixed signals about his commitment to getting inflation down.
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U.S. Trade Deficit Dips in June Along With ‘World Cup Effect’

Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
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Why Wall Street Is Feeling So Bullish

Booming corporate profits are driving the S&P 500 near another record, dampening concerns about the war, inflation and more.
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Stocks Rally as Investors Grow Hopeful About a Hormuz Deal

The price of oil fell sharply on hopes that talks were progressing on reopening the Strait of Hormuz.
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McDonald’s U.S. Sales Slow as Diners Spend More Cautiously

The fast-food giant replaced its president of U.S. operations, aiming to bring “focus and urgency” to a revamp of its outlets.
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A SpaceX Rocket Will Soon Crash Into the Moon

The second stage of a Falcon 9 rocket, which sent two private landers to the moon last year, will collide with the moon early Wednesday morning.
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These New Travel Initiatives Could Slash Airport Wait Times

U.S. airlines and airports are experimenting with initiatives that screen passengers and their bags more efficiently in an effort to slash wait times.
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Pacific Palisades Shopping Center Set to Reopen Following Palisades Fire

Rick Caruso, the billionaire real estate developer and former Los Angeles mayoral candidate, is reviving a property still surrounded by burned-out lots.
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Inside Uber’s Legal Strategy to Fight Sexual Assault Lawsuits

Our investigative reporter Emily Steel reviewed about a dozen lawsuits against Uber by riders who say they were sexually assaulted or harassed during their rides. They reveal the aggressive tactics Uber’s lawyers are taking as part of their defense strategy.
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Uber’s Strategy for Fighting Sexual Assault Suits: ‘What Were You Wearing?’

The ride-hailing giant promised to handle legal claims “in a way that is best for the survivor.” Its lawyers are pursuing a far more aggressive strategy.
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Oil Giant Saudi Aramco Reports 33% Profit Surge, Despite Iran War Disruptions

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
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Sailors Working in Strait of Hormuz Are Caught in Crossfire of Iran War

Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.
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How the Mohegan Tribe Lost a Billion-Dollar Casino in South Korea

Inspire Entertainment Resort — an alternative to Macau, the world’s gambling capital — was supposed to be a “transformational” project for the Native American tribe.
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A Currency Trader at Heart, Bessent Bets on Japan’s Yen

Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
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Education Dept. to Wipe Out Student Loans of 170,000 More Defrauded Borrowers

The sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.
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Republicans Let Trump Keep Unparalleled Benefit: I.R.S. Immunity

The rebellion against Todd Blanche’s nomination to be attorney general, now seemingly contained, at no point fundamentally questioned President Trump’s new protections from the I.R.S.
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