Kalshi, a Prediction Market, Raises $1 Billion in New Round
The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry.
Elon Musk’s Foundation Grows to $14 Billion, but Gives Little to Outsiders
The philanthropy has become one of America’s biggest, but most of its giving went to charities closely tied to the world’s richest man.
120,000 Home Cameras Were Hacked for Sexual Videos, South Korean Police Say
The authorities arrested four people this week in the latest turn in the country’s effort to stop exploitative recordings.
Beta Will Sell Motors to Another Electric Aircraft Company
The deal with a company owned by Embraer gives Beta Technologies an additional source of revenue as it develops its own electric aircraft.
What Michael Dell’s Blockbuster Donation Means for Philanthropy
Michael Dell and his wife, Susan Dell, plan to give away billions of dollars to fund investment accounts for children in the United States.
The New York Times Marks Centennial of Bureau in China
The death of Sun Yat-sen, the suppression of a labor protest, and a visit to China by a member of the Roosevelt family led to the bureau’s opening in 1925.
Apple’s A.I. Chief, John Giannandrea, Is Retiring
John Giannandrea, hired from Google, is leaving after the release of a new Siri was postponed. Apple has fallen behind rivals in efforts to develop A.I. products.
TSA Imposes $45 Fee for Travelers Without REAL ID Starting February 2026
As of February, passengers without the government-approved identity card will be required to pay for alternative screening at U.S. airports.
Pace, Di Donna and David Schrader Join Forces to Form New Art Gallery
Pace, Di Donna and David Schrader of Sotheby’s are collaborating on an Upper East Side space that will focus on secondary market sales.
For ‘No Tax on Tips,’ the I.R.S. Gets Intimate
The Trump administration wants to exclude earnings from “pornographic activity” from a new tax break for tips. Will the I.R.S. know it when it sees it?
To Avoid Pharma Tariffs, U.K. Agrees to Trump’s Demand to Pay More for Drugs
President Trump has complained that wealthy countries like Britain pay too little for drugs, leading America to bear much of the burden of the costs of medicines.
College Students Choosing A.I. Majors Over Computer Science
At M.I.T., a new program called “artificial intelligence and decision-making” is now the second-most-popular undergraduate major.
OpenAI Takes Stake in Thrive Holdings, a Buyer of Services Firms
The move by the parent company of ChatGPT is meant to help imbue Thrive Holdings’ accounting and I.T. services companies with artificial intelligence tools.
A Surprise When Your Package Arrives: You Have to Pay the Tariff
The end of a tariff exemption on goods worth $800 or less has left some U.S. shoppers with an extra shipping bill that must be paid before delivery.
Hong Kong Contractors Used Unsafe Netting at Fire Site, Officials Say
Investigators say contractors wrapped the buildings in substandard scaffolding netting and then sought to hide it from inspectors. The toll from the fire rose to 151.
I Made an Offensive Joke. But So Did Everyone Else! Why Did I Get Fired?
Plus, should you endure a stultifying work life to enable a happy personal life?
Markets Defy the White House
Volatility has returned to stocks and crypto trading, despite assurances from a top administration official, as investors brace for more data on consumers.
People Are Ordering Smaller Pizzas and Fewer Toppings. What Does That Tell Us?
Sales are softening at big chains and independent shops aren’t selling as many extras. Competition, diet trends and consumer anxiety may all be playing a part.
Young Workers Learn to Embrace the Office
Remote work means less training and opportunity for advancement, especially for younger workers, research suggests. Some are getting the message.
Get Ready, America: Here Come China’s Food and Drink Chains
China’s fast-food and beverage brands have an opportunity to expand in the United States and escape cutthroat competition at home.