Category: Business

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Sam Zell, 81, Tycoon Whose Big Newspaper Venture Went Bust, Dies

With a fortune made in real estate, he went into the media business in a landmark leveraged buyout of the Tribune Company in 2007. Bankruptcy ensued.  » mehr lesen

Peter Thiel, the Venture Capitalist, Is Said to Have Met With Epstein

Mr. Thiel apparently had several meetings with Mr. Epstein in 2014, according to records of the disgraced financier reviewed by The New York Times.  » mehr lesen

Extremism Finds Fertile Ground in Chat Rooms for Gamers

In the past year, about half the people who played online multiplayer games in the world’s major gaming markets encountered extremist statements, a new study found.  » mehr lesen

What Would Happen if the U.S. Defaulted on Its Debt

Investors, executives and economists are preparing contingency plans as they consider the turmoil that would result from a default in the $24 trillion U.S. Treasury market.  » mehr lesen

Meta Made Its AI Tech Open-Source. Rivals Say It’s a Risky Decision.

The tech giant has publicly released its latest A.I. technology so people can build their own chatbots. Rivals like Google say that approach can be dangerous.  » mehr lesen

Unions Accuse UPMC of Wielding Market Power Against Workers

A coalition of unions has filed an antitrust complaint with the Justice Department, accusing the Pennsylvania hospital system of suppressing wages and worsening working conditions.  » mehr lesen

When Will the U.S. Run Out of Cash? The Answer Is Complicated.

The federal government is essentially living paycheck to paycheck, making the X-date hard to pin down.  » mehr lesen

Walmart Raises Its Outlook as Shoppers Look for Bargains

The retailer reported revenue that beat expectations and said it expected net sales to rise 3.5 percent for the year.  » mehr lesen

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