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.
Thomas O. Hicks, Texas Money Man Who Owned 3 Teams, Dies at 79
A master of leveraged buyouts, he bought baseball and hockey teams in Texas and an English soccer club, only to lose them in an avalanche of debt.
S&P 500 Reaches Record High as Stocks Reverse Downturn
The S&P 500 edged higher as investors shrugged off concerns over Oracle’s earnings. It was just enough.
Bessent Accelerates Regulation Overhaul to Jumpstart Growth
The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”
New Eli Lilly Drug Retatrutide Brought Major Weight Loss in Trial
The maker of Zepbound reported results from a study of retatrutide, which targets three hormones in the body and led to much more weight loss than any approved drug.
Hollywood Director Is Convicted in $11 Million Scheme to Defraud Netflix
Carl Erik Rinsch secured funding from the streaming company for a science-fiction series, “Conquest,” that was never completed.
This Isn’t the First Time the Fed Has Struggled for Independence
The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951.
Disney Agrees to Bring Its Characters to OpenAI’s Sora Videos
The deal is a watershed for Hollywood, which has been trying to sort through the possible harms and upsides of generative artificial intelligence.
Trump’s Tariffs Shrank the U.S. Trade Deficit in September
The monthly trade deficit fell to its lowest level in five years after the president’s imposition of sweeping global tariffs. But it’s unclear whether the trend will persist.
What IndiGo Airline’s Meltdown Reveals About India’s Economy
A tangle of problems at IndiGo, the dominant carrier, resulted in gridlocked airports across the country. Worse, it was the symptom of an even bigger problem.
Why Oracle Is Worrying Investors About the A.I. Boom
Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off.
Fed Divisions Underscore Challenge for Trump’s Next Chair
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
Trump Doesn’t Want to Talk About Affordability. Democrats Say That’s a Gift.
The president continues to brush off an issue that he said he would solve in his first months in office. Some Democrats say he is making the same mistake as his predecessor.
Help! Can an Airline Really Do That to Me?
You may be surprised by the little-known and sometimes nonsensical rules lurking in the fine print. Here are a few that tripped up readers in 2025.
The Hollywood Studio Tour Has Become a Lot of Nothing
It’s hard to make a movie studio tour exciting when movies aren’t made there anymore. “A vibe of tiredness, like the end of something,” one guest said.
Hatching the Automobile’s Future in a Cloistered Los Angeles Lab
Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too late?
DealBook Summit: Reckoning with the ‘New Normal’
At this year’s DealBook Summit, there was an understanding that in the Trump era, business runs through the White house like never before.
A DealBook Task Force Grapples With Media Trust and Biases
Legacy journalists on a DealBook Summit panel warned about interference from President Trump, while panelists from new media said he is just the “coroner” for a field that had already lost credibility.
From the DealBook Summit: Industry Leaders Share Their Insights
Representing a variety of public and private sectors, guests from technology and finance to education and the artsparticipated in a lunchtime discussion designed to spark conversation around critical questions of the day.

