When Starbucks announced last month that it was laying off more than 1,000 corporate employees, it highlighted a disturbing trend for white-collar workers: Over the past few years, they have seen a steeper rise in unemployment than other groups, and slower wage growth. It also added fuel to a debate that has preoccupied economists for … Read more
PBS is practicing answers with lawyers. NPR executives are preparing to monitor the fallout. Members of Congress are promoting the star witnesses — the leaders of the two public media networks — as if they were combatants in a prizefight. They’re all getting ready for a hearing on Wednesday — ominously titled “Anti-American Airwaves” — … Read more
China has released five employees of an American corporate investigations firm, the Mintz Group, two years after they were detained as part of a crackdown by Beijing on foreign business consultancies. “We understand that the Mintz Group Beijing employees who were detained, all Chinese nationals, have now all been released,” the firm said in a … Read more
Increased federal spending in recent years has helped to improve U.S. ports, roads, parks, public transit and levees, according to a report released on Tuesday by the American Society of Civil Engineers. But that progress could stagnate if those investments, some of which were put on hold after President Trump took office in January, aren’t … Read more
Han Jong-Hee, the co-chief executive of Samsung Electronics and a nearly four-decade veteran of the South Korean consumer technology giant, died on Tuesday. Mr. Han, who was 63, suffered a sudden heart attack, according to a company spokeswoman. Mr. Han had shared chief executive duties with the head of Samsung’s semiconductor business since 2022, and … Read more
One of President Trump’s former campaign managers, Chris LaCivita, on Monday filed a defamation lawsuit against The Daily Beast over its reporting on how much he was paid by the campaign. The lawsuit, filed in the U.S. District Court for the Eastern District of Virginia, accuses The Daily Beast of creating “the false impression that … Read more
When the Wall Street veteran Frank Bisignano goes before Congress on Tuesday as President Trump’s pick to lead the Social Security Administration, he will confront questions about how he would run an agency suddenly in the grips of upheaval. In recent weeks, the billionaire Elon Musk has zeroed in on the agency, which is charged … Read more
Hyundai Motor, a South Korean conglomerate known for its automobiles, will invest $21 billion to expand manufacturing in the United States in what President Trump said was proof that his tariff policies were creating jobs. The company, which also produces steel, said the investment would include $5.8 billion for a steel factory in Louisiana that … Read more
For most of the last three years, the most clever, artful and progressive act in K-pop has been NewJeans, a five-member girl group — Danielle, Haerin, Hanni, Hyein and Minji — with an almost preternatural musical and aesthetic sophistication. With one elegantly rendered chart-topping single after another, the artists, who range in age from 16 … Read more
In her first briefing as White House press secretary, Karoline Leavitt said she was “committed to telling the truth from this podium every single day.” Moments later she announced that the new administration had blocked a $50 million contract for condoms in Gaza. “That is a preposterous waste of taxpayer money,” she said. It was … Read more