business

“Is it ever sad when fast fashion bites the dust?” Kim France, the founding editor of the seminal Condé Nast shopper Lucky and producer of the popular newsletter “Girls of a Certain Age” said on Tuesday, reacting to news that Forever 21 had filed for bankruptcy. The answer depends on how passionate a consumer is … Read more

The newly appointed head of one of the nation’s top housing regulators tightened his grip on the agency with a major board shake-up on Monday at two government-controlled mortgage finance firms. William Pulte, the director of the Federal Housing Finance Agency, ousted 14 board members at Fannie Mae and Freddie Mac and named himself chairman … Read more

Robert F. Kennedy Jr., the nation’s top health official, has an unorthodox idea for tackling the bird flu bedeviling U.S. poultry farms. Let the virus rip. Instead of culling birds when the infection is discovered, farmers “should consider maybe the possibility of letting it run through the flock so that we can identify the birds, … Read more

The wholesale price of eggs has dropped sharply since the beginning of March after soaring for months, but it may take a few weeks for grocery shoppers to see the decline. Wholesale egg prices, which is what retailers pay to procure eggs, have fallen to a national average of just over $4 for a dozen … Read more

Emmett Burke has noticed something unusual in his Manhattan restaurants. Half-eaten pizzas dot tables and bar space, left behind by those who ordered them. At Emmett’s and Emmett’s on Grove, Mr. Burke’s two Chicago-style pizzerias, diners seem increasingly uninterested in asking for boxes to take home leftovers. “I will look at the plates coming back … Read more

About 14 hours before the Eaton fire started on Jan. 7 on the hills above Altadena and Pasadena, Calif., power lines in the area appear to have come under strain from intensifying winds. New data from a company that maintains electrical sensors suggests that the transmission network of Southern California Edison was stressed long before … Read more

America’s once highflying stock markets are stumbling, and their counterparts in Europe are faring much better. Shares in European companies have comfortably outperformed the S&P 500 in recent months, as President Trump’s trade war has prompted investors to revisit their assumptions. Officials in Brussels say that the rally could be even bigger. The European Commission, … Read more

Private equity likes the long ball The San Francisco Giants, one of Major League Baseball’s most successful franchises, have sold about 10 percent of the team to the private equity group Sixth Street, The Times’s Ken Belson and DealBook’s Lauren Hirsch are first to report. The team will use the cash to help pay for … Read more

President Trump on Monday chose Bryan Bedford, a longtime airline industry executive, to lead the Federal Aviation Administration. Since 1999, Mr. Bedford has been the president and chief executive at Republic Airways, which operates flights for the three largest U.S. airlines. In a statement on social media, Mr. Trump praised Mr. Bedford’s experience in aviation … Read more

Presidents usually do all they can to avoid recessions, so much so that they avoid even saying the word. But President Trump and his advisers in recent weeks have offered a very different message. Yes, a recession is possible, they have said. Maybe one wouldn’t even be that bad. Howard Lutnick, the commerce secretary, has … Read more