What are some specific examples of changes you’ve implemented? I canceled our big standing acquisitions meetings, along with other reports and forms, as they didn’t serve our purpose of connecting more books to readers. Marketing and publicity directors came to editorial meetings, which before were only editorial. I hired 24 new people, which is reflected … Read more
This article is part of a Women and Leadership special report highlighting women who are charting new pathways and fighting for opportunities for women and others. Last year, $178 billion in venture capital was invested in U.S. companies, but only 19 percent of those investment decisions were made by women, according to the capital markets … Read more
For about a year now, the labor market has existed in a state of eerie calm: Not many people were losing their jobs or quitting, but not many of those seeking work were getting job offers. The mass layoffs now underway across the federal government, along with its employees who are voluntarily heading for the … Read more
President Trump inherited an economy that was, by most conventional measures, firing on all cylinders. Wages, consumer spending and corporate profits were rising. Unemployment was low. The inflation rate, though higher than normal, was falling. Just weeks into Mr. Trump’s term, the outlook is gloomier. Measures of business and consumer confidence have plunged. The stock … Read more
When the White House finally released the text of Mr. Trump’s orders on Thursday evening, it appeared that some of the tariffs — those covered in the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and celebrated in his first term — were indeed permanently suspended. Other tariffs were merely paused. Most everyone involved was confused, … Read more
Air traffic was disrupted across Florida when a SpaceX Starship, a prototype of the spacecraft that Elon Musk says will one day take people to Mars, disintegrated during its latest test flight. For the second consecutive time, the upper stage of the most powerful rocket ever built malfunctioned. It started spinning out of control after … Read more
Athena didn’t crash. But what did happen to it? Hours after the 15-foot-tall robotic spacecraft arrived at the moon’s surface, closer to the lunar south pole than any spacecraft has been, it remained unclear whether its touchdown was smooth enough to perform its intended work, or if it toppled over in the process, potentially limiting … Read more
Walgreens Boots Alliance said on Thursday that it had agreed to be acquired by Sycamore Partners, a private equity firm, in a $10 billion deal that will take the struggling pharmacy chain out of the glare of public markets. Walgreens has faced declining prescription reimbursements and falling sales at its retail locations for years — … Read more
Jordan Tkacsik was perusing his friend Paul Bartlett’s sports memorabilia and trading card shop last year when he noticed something unusual in a section full of Pokémon collectibles. It was a Cheetos cheese puff, but not just any Cheeto. Rather, it was a Flamin’ Hot Cheeto that bore an uncanny resemblance to Charizard, an orange … Read more
Stocks tumbled on Thursday, adding to a string of recent losses, even after the Trump administration offered a reprieve on tariffs on Canada and Mexico. The S&P 500 dropped 1.8 percent, taking the slide for the index this week to 3.6 percent and putting it on course for its worst week since a banking crisis … Read more