While Millions Lost Jobs, Some Executives Made Millions in Company Stock
Even as millions of people have lost their jobs during the pandemic, the soaring stock market since the spring has delivered outsize gains to the...
Category: Business
Facebook Widens Ban on Political Ads as Alarm Rises Over Election
SAN FRANCISCO — Over the past few weeks, Mark Zuckerberg, Facebook’s chief executive, and his lieutenants have watched the presidential race with an increasing sense...
House Lawmakers Condemn Big Tech’s ‘Monopoly Power’ and Urge Their Breakups
WASHINGTON — House lawmakers who spent the last 15 months investigating the practices of the world’s largest technology companies said on Tuesday that Amazon, Apple,...
Calamities Challenge California’s Economic Foundation
SAN FRANCISCO — Businesses shuttered by the pandemic are slowly reopening, but technology complexes are quiet, their workers carrying on from home indefinitely. The smoke-filled...
Workers Face Permanent Job Losses as the Virus Persists
The United States economy is facing a tidal wave of long-term unemployment as millions of people who lost jobs early in the pandemic remain out...
Jobs Report Shows Further Slowdown in U.S. Economic Recovery
Six months after the coronavirus pandemic tore a hole in the U.S. economy, the once-promising recovery is stalling, leaving millions out of work, and threatening...
Airlines, Facing a Slow Recovery, Begin Furloughing Thousands
When Congress gave passenger airlines a $50 billion bailout in March, industry executives hoped the aid would tide them over until the fall, when more...
Chris Wallace Calls Debate ‘a Terrible Missed Opportunity’
“I’m just sad with the way last night turned out.” Chris Wallace, the “Fox News Sunday” anchor and moderator of Tuesday’s melee of a debate...
Pandemic Imperils Promotions for Women in Academia
EVANSTON, Ill. — Like millions of parents, Kimberly Marion Suiseeya, a political-science professor at Northwestern University, saw her work life upended when her third grader’s...
Trump, Biden and Domestic Economic Policy
In July, former Vice President Joseph R. Biden Jr. presented an economic strategy to “rebuild domestic manufacturing capacity,” restoring local supply chains from semiconductors to...