business 
Starbucks is laying off 1,100 corporate employees, its chief executive said in a letter to workers on Monday, marking the coffee chain’s latest move to restructure amid lackluster sales. Brian Niccol, who took over as chief executive last fall, has vowed to woo back customers who have shied away from $8 lattes and long wait … Read more
Lester Holt, the veteran NBC newscaster and anchor of the “NBC Nightly News” over the last decade, announced on Monday that he will step down from the flagship evening newscast in the coming months. Mr. Holt told colleagues that he would remain at NBC, expanding his duties at “Dateline,” where he serves as the show’s … Read more
A clash over Musk’s latest missive Monday could bring a standoff between Elon Musk and huge swaths of the federal government, including Trump-appointed agency leaders. The fate of the latest example of Musk’s brutal management style — having government workers justify their employment by midnight or risk being fired — may reveal the limits of … Read more
Days after its chief executive met with President Trump, Apple said on Monday that it planned to spend $500 billion in the United States over the next four years, hire 20,000 people and open a new factory in Texas to make the machines that power the company’s push into artificial intelligence. “We are bullish on … Read more
The nation’s largest association of psychologists this month warned federal regulators that A.I. chatbots “masquerading” as therapists, but programmed to reinforce, rather than to challenge, a user’s thinking, could drive vulnerable people to harm themselves or others. In a presentation to a Federal Trade Commission panel, Arthur C. Evans Jr., the chief executive of the … Read more
Dr. Mehmet Oz, the celebrity TV doctor nominated by President Trump to oversee Medicare and Medicaid, has been a relentless promoter of controversial private insurance plans for older Americans. “I’d be signing up,” he told viewers, directing them to a call center in an episode that is still available on his YouTube channel. What Dr. … Read more
The Trump administration is sending a startling message to corporate America: After three years as an international pariah, Russia could once again be open for business. President Trump is pressuring Ukraine to accept a deal to end the war. And Marco Rubio, his secretary of state, told a delegation from Moscow in Riyadh last week … Read more
Ken Rosenthal, who opened a bakery cafe in the St. Louis area, with sourdough bread as its star, and built it into a small chain that would become Panera Bread, died on Feb. 14 at his home in Scottsdale, Ariz. He was 81. His wife, Linda Rosenthal, said the cause was Alzheimer’s disease. Mr. Rosenthal … Read more
Frozen shakes sold to nursing homes, hospitals and other institutions have been recalled after the drinks were tied to a yearslong deadly listeria outbreak, the Food and Drug Administration said on Friday. Since 2018, at least 11 people have died from the outbreak and dozens have been hospitalized, the F.D.A. said, but previous investigations had … Read more
The federal agency responsible for traffic safety, which has been investigating whether self-driving technology in Tesla vehicles played a role in the death of a pedestrian, laid off 4 percent of its employees on Feb. 14, a Transportation Department spokesperson said Saturday. The traffic safety agency did not say whether any of its fired employees … Read more