NYT > Business

Moderna’s Shift to Cancer Company Lifts Stock Up 177%

The company’s fortunes cratered as demand for Covid-19 vaccines plummeted. But it was busy working on something else.
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Can We Do Anything About Tick-Borne Diseases Like Alpha-Gal Syndrome?

A scientific and civilizational horror story.
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Help! Lyft Charged Me $150 for Vomiting in a Car, but I Didn’t Do It.

A passenger who said he had an uneventful ride home from the airport was shocked to be hit with a cleaning fee for a mess in what appeared to be a different vehicle.
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A Victory Lap for the Boss of the Pebble Beach Extravaganza

The Concours d’Elegance, a showcase of some of the world’s finest cars held over the weekend, was a capstone to Sandra Button’s two decades of leading the organization that puts it on.
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‘The Necessary Conversation’ Puts Family Political Arguments On Full Display

“The Necessary Conversation,” a podcast and YouTube show, is a very public example of the political disputes families are having all across the country.
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Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai

The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.
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China Sentences Evergrande Founder to Life in Prison

Hui Ka Yan’s punishment caps the downfall of a property empire whose collapse set off a prolonged crisis in the Chinese economy.
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Trump, Who Has Amassed Enormous Wealth in Crypto, Hosts Industry Leaders

President Trump called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry’s favor.
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Why Treasury Yields Are Rising, and What That Means for the Economy

Interest rates on U.S. government bonds can affect everything from auto and student loans to mortgages.
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Columnist Ross Barkan Apologizes Amid Plagiarism Scandal

Mr. Barkan, who has written for New York magazine and The New York Times, said he had “never intended to crib from anyone’s work.”
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Chinese Start-Up Lands Reusable Rocket for the First Time

The milestone by the private company, LandSpace, could put China closer to challenging SpaceX’s rule in lower-cost spaceflight.
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U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues

President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been undercut by spending on the Iran war, tax cuts and tariff refunds.
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More Fed Officials Lost Patience About Elevated Inflation at Latest Meeting

Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures.
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Stripe Buys A.I. Start-Up OpenRouter for $7.5 Billion

The deal is significant for the artificial intelligence industry, uniting Stripe’s payments business with OpenRouter’s helping businesses direct their spending on A.I. models.
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Rebel Ice Cream Files for Bankruptcy After Van Leeuwen Wins Packaging Suit

The announcement comes less than a month after a federal judge ordered Rebel to pay nearly $24 million to Van Leeuwen for copying the design of its containers.
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Markets Rally After U.S. Treasury Eases Bond Investor Stress

Government bond yields fell and stocks rose on a move by the Treasury Department to double the amount of debt that it can buy back from investors.
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How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz

With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.
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The Rising Stakes of the Global Bond Rout

There were already several factors rattling investors. A further rise in bond yields is making things more expensive for everyone.
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Many Student Loan Borrowers May Have to Switch to Worse Repayment Plans

In an unusual move, Congress worsened terms for some existing borrowers. Now they’ll have to pay more, and for a longer term.
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Europe Hurries to Fund More Cutting-Edge Businesses to Compete With China and U.S.

European governments, facing a nearly $1 trillion gap in investment funding, are casting a wide net to back start-ups developing pioneering technologies.
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How to Find the Best Flight and Travel Deals Over Labor Day and Beyond

Last-minute budget strategies rest on one key principle: flexibility.
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The ‘Betting Coup’ Shaking Up Horse Racing

When several horses wildly outperformed the odds at tracks at Saratoga and the Jersey Shore, bookmakers in London were stung and industry watchers suspected an elaborate plot.
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How the Iran War Made Africa’s Richest Man Even Richer

Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial.
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How Wall St. Profits When Personal Injury Lawsuits Pay Out

Personal injury cases have exploded, in number and magnitude, funded by companies betting on a win — and offering investors a piece of the action.
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Trump Nominates Heidi Overton, a Top Domestic Policy Aide, for F.D.A. Commissioner

Dr. Overton is a fierce opponent of abortion rights and a supporter of Health Secretary Robert F. Kennedy Jr.’s Make America Healthy Again agenda.
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China Wants Its Tech Champions to Raise Money at Home

Blockbuster market debuts by two technology companies show how Beijing is turning to local investors to finance its A.I. ambitions and reduce reliance on Wall Street.
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Trump Pauses 50 Percent Tariffs on Canada and Claims Deal Is Near

Prime Minister Mark Carney of Canada was less definitive about what the intense talks produced, saying “important work” remained.
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Theater Chains Back Paramount-Warner Deal That States Say Will Hurt Them

America’s three largest movie theater companies have lined up behind David Ellison’s $111 billion merger of Paramount and Warner Bros. Discovery.
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In a Big Pivot, Seat-Back Screens Are Returning at American Airlines

In an announcement on Tuesday, the carrier promised screens at every seat in its narrow-body fleet, along with an expansion of its premium seating.
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Outshine Frozen Fruit Bars Recalled Over Glass Contamination Concern

The parent company, Dreyer’s Grand Ice Cream, voluntarily recalled five flavors nationwide. No injuries linked to the recalled products have been reported.
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Sugar Importer With Trump Ties Said to Maintain Abusive Labor Practices

A watchdog group said the Dominican company continued to violate labor standards after President Trump lifted an import ban last year.
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An A.I. Tax Boom Could Curtail America’s Debt. But Not Solve It.

The consequences of A.I. for the budget will largely hinge on whether — and to what extent — the technology reshapes the labor market.
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Gulf Oil Giants Push to Expand Overseas Stockpiles as Iran War Drags On

Saudi Arabia and the United Arab Emirates are seeking larger oil reserves in Japan and South Korea as regional conflict threatens supply routes.
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Home Depot Reports Higher Sales, but Its C.E.O. Isn’t There to Spread the News

Investors got a shock last week when the retailer said that Ted Decker, the chief executive, would take a medical leave. Tuesday’s earnings brought a more welcome surprise.
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ABC Sues Trump Administration Over F.C.C. Threat to Its TV Licenses

The network asked a court to stop the agency from taking steps that could force ABC stations off the air and accused the F.C.C. of violating its First Amendment rights.
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Two Ships Transiting Strait of Hormuz Are Attacked as Oil Prices Rise

Maritime officials on Tuesday announced the recent attacks, which killed at least one sailor. Six months into the conflict, the vital waterway remains perilous.
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Is Silicon Valley in the Justice Dept.’s Sights?

Federal prosecutors are reportedly investigating Andreessen Horowitz, the venture capital giant, over board seats it holds.
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Bond Sell-Off Sends Borrowing Costs to Highest Level Since 2007

Yields on the 30-year U.S. Treasury and government bonds across the world rose to multiyear highs as investors fret about inflation, deficits and A.I. spending.
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At Ex-Premier Zhu Rongji’s Funeral, China’s Past Shadows Its Present

Beijing wants to portray today’s China as carrying forward Zhu Rongji’s era of growth, but for many Chinese, the optimism of that time has since faded.
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What’s in an Airport Code? In West Palm Beach, It’s the President’s Initials.

The state’s Palm Beach International Airport has been renamed for the president, complete with a rare change in its three-letter airport code.
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Carney and Trump Talk Again as Deadline Nears on New U.S. Tariffs

Canada is seeking a deal to dodge further economic pain at the hands of the Trump administration on midnight Tuesday. But at what cost?
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India’s College Boom Is Leaving Graduates in Debt and Without Jobs

Families are betting their savings on private universities as a path to a better life. A shortage of well-paying work is turning that wager into frustration.
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Paramount Asks States to Shoulder Costs of Delaying Warner Bros. Deal

Paramount’s $111 billion deal to acquire Warner Bros. Discovery has been postponed until the conclusion of a trial, a delay the studio says could cost it millions of dollars.
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‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent

The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.
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Mark Cuban and Other Founders Wade Into Wealth Tax Debate

Some entrepreneurs, including Mark Cuban, are publicly worried about the potential fallout from California’s proposal to impose a special billionaire tax.
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A French Start-Up, Inbolt, Makes Robots See, and Work, Better

Inbolt, a French start-up that sells robot vision systems, helped a Stellantis plant in Detroit become a top performer in the company.
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As China Hunts for Scientific Talent, the US Makes It Easier

Young researchers have long come to the U.S. for academic training, but a combination of Chinese money and U.S. restrictions is shifting the balance.
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Should I Publicize a Bad Publicist?

Plus: An intern considers whether to give the boss an honest review.
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How a False Nuclear Claim About Iran Ricocheted From India to Washington

A dubious post that spread on X became the basis of false claims that Iran’s leadership had declared it a nuclear power.
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