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Business

From NYT BUSINESS section

New York Times Accuses Federal Employment Agency of Retaliation
business

New York Times Accuses Federal Employment Agency of Retaliation

A May lawsuit by the Equal Employment Opportunity Commission claims the newspaper discriminated against a white male employee who did not get a promotion.

By Erik Wemple
Korean Chip Maker’s Stock Rises After Huge I.P.O., Latest Sign of A.I. Demand
business

Korean Chip Maker’s Stock Rises After Huge I.P.O., Latest Sign of A.I. Demand

SK Hynix began trading at $170 a share, above its initial public offering price of $149, in the latest test of investor demand for A.I.-related companies.

By Aruni Soni
Shippers Face Deepening Dilemma as U.S. and Iran Vie for Control of the Strait
business

Shippers Face Deepening Dilemma as U.S. and Iran Vie for Control of the Strait

Companies desperately want to get their ships moving through the Strait of Hormuz, but face mounting risks. “Things are becoming uglier by the minute,” one executive said.

By Peter Eavis, Jenny Gross and Eric Schmitt
Software Engineer’s Firing Ruled Illegal in a Rare Win for a Tech Worker
business

Software Engineer’s Firing Ruled Illegal in a Rare Win for a Tech Worker

A federal labor law judge determined last week that the software maker Atlassian had illegally fired an employee who questioned company policy changes.

By Noam Scheiber
A.I. Has Rewarded Investors. It May Now Pose Their Greatest Risk.
business

A.I. Has Rewarded Investors. It May Now Pose Their Greatest Risk.

Near the midpoint of the year, stocks and bonds both report good returns. But the global stock market has become highly concentrated, our columnist says.

By Jeff Sommer
How Volkswagen’s Troubles Were Made in China
business

How Volkswagen’s Troubles Were Made in China

The German auto giant’s push into China powered it for decades, but now the company faces fierce competition from Chinese automakers in markets around the world.

By Keith Bradsher
The Work of Helping A.I. Destroy Work
business

The Work of Helping A.I. Destroy Work

Start-ups are paying white-collar professionals to teach their jobs to artificial intelligence models. It’s a bonanza. It’s bleak. Where will it end?

By Lora Kelley
Wall St. Sets Limits on Prediction Market Trading
business

Wall St. Sets Limits on Prediction Market Trading

Goldman Sachs is the latest firm to restrict how employees use the popular betting platforms.

By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Ian Mount
Meta Told to Make Changes to Instagram and Facebook in Europe
business

Meta Told to Make Changes to Instagram and Facebook in Europe

European Union authorities said the company’s use of “addictive design” violated a digital safety law.

By Adam Satariano
You’re Freezing in Your Office Building. Here’s Why.
business

You’re Freezing in Your Office Building. Here’s Why.

Office temperatures are typically set in the low 70s during summer. But where you sit and the efficiency of the cooling system can make you feel colder.

By Aruni Soni
Hotel Workers Hoped the World Cup Would Boost Their Hours. It Didn’t.
business

Hotel Workers Hoped the World Cup Would Boost Their Hours. It Didn’t.

Even as matches have drawn large crowds, hotel bookings have lagged. And workers in host cities say they’re struggling.

By Kurtis Lee
Barcelona’s New Message: ‘Not One Tourist More’
travel

Barcelona’s New Message: ‘Not One Tourist More’

As the commissioner for sustainable tourism, José Antonio Donaire’s job is to diminish the impact of the nearly 16 million annual visitors to the Catalan capital. Here’s what he’s planning.

By Lisa Abend
Oil Prices Wobble as a Week of Hostilities Derails Shipping in Gulf
business

Oil Prices Wobble as a Week of Hostilities Derails Shipping in Gulf

The latest turmoil, sparked by attacks on three commercial ships in the strait days ago, pushed the price of crude back above prewar levels.

By Jason Karaian
John Deere Must Let Owners Repair Farm Equipment, Settlement Says
business

John Deere Must Let Owners Repair Farm Equipment, Settlement Says

A settlement by the company with the Federal Trade Commission will allow farmers and local mechanics to make their own fixes, instead of relying on authorized dealers.

By Emmett Lindner
How to Lie Flat for Less: A Guide to Basic Business
travel

How to Lie Flat for Less: A Guide to Basic Business

Delta is the latest U.S. airline to introduce stripped down, luxury-class fares. What do you get for your money, and is it worth it? What you need to know.

By Victoria M. Walker
Volkswagen to Slash Half Its Models as Sales Fall
business

Volkswagen to Slash Half Its Models as Sales Fall

The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable and sophisticated electric vehicles.

By Jack Ewing, Theresa Rauffmann and Jim Tankersley
Warsh Announces Slate of New Advisers for Fed Task Forces
business

Warsh Announces Slate of New Advisers for Fed Task Forces

The five task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the broad conduct of monetary policy.”

By Colby Smith and Ben Casselman
China, Russia and Others Seek to Inflame Debate Over A.I. Data Centers
business

China, Russia and Others Seek to Inflame Debate Over A.I. Data Centers

State actors in China, Russia and Iran have sought to exploit the U.S. public debate over the effects of the technology.

By Steven Lee Myers and Dustin Volz
As Consumers Pare Spending, Grocery Stores Race to Cut Prices
business

As Consumers Pare Spending, Grocery Stores Race to Cut Prices

While shoppers may get better deals on some items, it’s unlikely their overall grocery bill will fall.

By Julie Creswell and Kim Bhasin
A $3.2 Trillion Deal-Making Frenzy Is Spurred by the A.I. Economy
business

A $3.2 Trillion Deal-Making Frenzy Is Spurred by the A.I. Economy

This year’s boom includes the most spent on global deal-making in a six-month period in a decade. But questions persist about whether it can continue.

By Lauren Hirsch
Will Investors Choose Optimism Over Geopolitical Probability?
business

Will Investors Choose Optimism Over Geopolitical Probability?

Investors have taken heart from the fragile cease-fire between the United States and Iran before. Will they do so again?

By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly and Brian O’Keefe
Help! I Refueled My Rental Car, but Enterprise Charged Me Anyway.
travel

Help! I Refueled My Rental Car, but Enterprise Charged Me Anyway.

A traveler to Germany returned his vehicle with slightly more gas than it had when he picked it up. So why was he billed $131 to fill up the tank?

By Seth Kugel
Can a Workout Be a Sport?
style

Can a Workout Be a Sport?

Xenom, a new fitness company, wants to make weekend warriors feel like pros.

By Calum Marsh and Jake Dockins
At the World Cup, Nike and Adidas Duel Over the Future of Soccer
business

At the World Cup, Nike and Adidas Duel Over the Future of Soccer

Second place in the hearts and wallets of Americans isn’t good enough for the world’s largest sportswear companies, who bet big on the tournament.

By Kim Bhasin and Emma Rose Milligan
Oil Prices Remain Elevated Amid Slowdown in Shipping Traffic in the Gulf
business

Oil Prices Remain Elevated Amid Slowdown in Shipping Traffic in the Gulf

Fresh data showed that the number of ships moving through the Strait of Hormuz halved on Wednesday amid renewed fighting.

By The New York Times