Category: Business

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A Large Object Landed on His Sheep Farm. It Came From Space.

“It’s not something you see every day on a sheep farm,” a farmer said of the pieces of debris that wound up in rural Australia. They are thought to be from a...

WeWork posts a smaller loss as its office occupancy grows.

The provider of flexible work space said its memberships grew 33 percent in the second quarter and its occupancy rate climbed to 72 percent.  » mehr lesen

The Bank of England Makes Biggest Interest Rates Increase in 27 Years

Britain’s central bank presented a grim forecast of inflation hitting 13 percent and warned that a long recession could start later this year.  » mehr lesen

Tesla Faces Pressure Campaign From Activist Shareholders

The automaker’s annual meeting will include votes on several proposals, including one on discrimination and another on board independence, that are opposed by its chief executive, Elon Musk.  » mehr lesen

U.S. Oil Prices Fall Below $90 a Barrel for the First Time Since February

The drop, from $120 a barrel just two months ago, could be a sign that investors are worried about a global recession.  » mehr lesen

Terry Castro, a Proud Outsider in the Jewelry World, Dies at 50

A self-taught designer, he started out selling necklaces on the streets of New York and battled stereotypes, racial and otherwise, throughout his career.  » mehr lesen

I.R.S. Says Funding Won’t Mean More Audits for Middle-Income Americans

If it is given an additional $80 billion, the agency said, the money is expected to go toward efforts to crack down on wealthy tax evaders and to modernize its technology.  » mehr...

Transportation Dept. Proposes New Rule to Ease Air Travel Chaos for Passengers

If a new federal policy goes into effect, Americans will have more recourse when airlines cancel or significantly delay flights.  » mehr lesen

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