F.D.A. Approves Two New Drugs to Treat Gonorrhea
The sexually transmitted disease has become increasingly resistant to existing antibiotics.
Arthur L. Carter, 93, Dies; Investment Banker Founded a Cheeky Newspaper
After making a fortune on Wall Street, he bought The Nation magazine and founded The New York Observer, which one writer called a “maypole of Manhattan gossip and intrigue.”
Canadians Rush to Buy Stockpiles of Boycotted U.S. Liquor
Four Canadian provinces are selling off the American liquor they pulled from shelves in protest over President Trump’s tariffs. Some bourbon drinkers are thrilled.
Russia Sues Holder of Frozen Assets Europe Wants for Ukraine Loan
The lawsuit was a warning to European officials who are racing to agree to a plan to use Russian government assets in Europe to lend money to Ukraine.
Elon Musk Tests Europe’s Willingness to Enforce Its Online Laws
Backed by White House officials, the tech billionaire has lashed out at the European Union after his social media platform X was fined last week.
A Seized Oil Tanker Off Venezuela and the Big Business of Dark Fleet Smuggling
The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.
Should You Donate to Charity This Year or Wait? It Depends.
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.
Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
Questions About Larry Ellison’s Financing Pledge for Paramount’s Bid for Warner Bros.
The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment.
Historic Shift Underway in China’s Economy as Investment Slump Deepens
Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.
Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.
Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay.
Tech Support Scammers Stole $85,000 From Him. His Bank Refused a Refund.
A retired lawyer lost the money in a tech support scam, a type of online fraud that is surging. Citibank said it couldn’t recover the funds, which criminals wired from inside his account.
The Fine Art of Managing Christie’s
As more people tune in for the “theater” of high-end auctions, Bonnie Brennan is trying to convert them into clients.
Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy
Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.
Fleece, Love and Vomit: New Yorkers’ Best (and Worst) SantaCon Stories
The bar crawl and charity fund-raiser has been eliciting strong reactions in the city for more than 25 years. Readers shared theirs.
China Is Getting Much of What It Wants From the U.S., Including Chips
For China, President Trump’s moves to loosen chip controls, soften U.S. rhetoric and stay silent on tensions with Japan amount to a rare string of strategic gains.
Arkansas Public Television Drops PBS
The loss of federal funding forced a difficult decision, the executive director of Arkansas TV said: Cut PBS, or go off the air entirely.
Calvin McDonald, Lululemon CEO, Will Depart Yoga Clothing Maker in January
The maker of yoga clothing is looking for a new leader after public pressure from the company’s founder.
Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.