Kia and Hyundai to Pay $200 Million to Settle Suit Over Car Thefts
Kia and Hyundai have agreed to pay about $200 million to settle a class-action lawsuit accusing the manufacturers of producing vehicles that have been especially...
Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O.
When asked in a Senate hearing this week who was to blame for the demise of Silicon Valley Bank, the lender’s former chief executive, Greg...
Peter Thiel, the Venture Capitalist, Is Said to Have Met With Epstein
In 2014, the venture capitalist Peter Thiel was gaining prominence as one of Silicon Valley’s most successful entrepreneurs and investors. He had made billions of...
Strippers Unionize at California Club After Long Fight
For much of last year, a group of strippers at a California club called Star Garden raised concerns about safety issues like handsy customers and...
Amid Feud With DeSantis, Disney Cancels $1 Billion Development in Florida
Florida officials have repeatedly pointed to the Lake Nona development as an example of economic vibrancy in Orlando, which suffered mightily during the pandemic. Noting...
Sam Zell, 81, Tycoon Whose Big Newspaper Venture Went Bust, Dies
Nevertheless, in 2007, the Blackstone Group bought Mr. Zell’s firm — then known as Equity Office Properties Trust — for $39 billion. His own fortune...
Corporate Bankruptcies Are Set to Reach a Decade-Long High
A different kind of debt crisis First, corporate America was hit hard by a wave of layoffs. Now come the bankruptcies. New data shows that...
Walmart Raises Its Outlook as Shoppers Look for Bargains
Walmart, the largest retailer in the United States, raised its annual guidance on Thursday, a sign that it expects shoppers to continue to gravitate toward...
It’s Not Your Imagination: First Class Is Getting Bigger
Does it seem like that long walk back to economy class goes past more and more rows of cushy premium seats? You may be right....
How the G7 Oil Price Cap Has Helped Choke Revenue to Russia
In early June, at the behest of the Biden administration, German leaders assembled top economic officials from the Group of 7 nations for a video...
The Scramble to Take Over What Bed Bath & Beyond Left Behind
“I’m just a gal with a dream, manifesting 40 percent,” Ms. Maeda, 27, said. “I want everyone to get what they want so badly. If...
Stellantis Issues Stark Warning for U.K. Car Industry
A distress flare has gone up from the beleaguered British car manufacturing industry. Stellantis, the company behind brands like Peugeot, Fiat and Vauxhall vehicles, has...
Deutsche Bank Will Pay $75 Million to Victims of Jeffrey Epstein
Deutsche Bank has agreed to pay $75 million to sexual abuse victims of Jeffrey Epstein to settle a lawsuit filed last year in Manhattan, according...
Montana Governor Bans TikTok in the State
The governor of Montana, Greg Gianforte, signed a bill on Wednesday to ban TikTok from operating inside the state, the most extreme prohibition of the...