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The Transportation Department on Monday announced a $140 million fine against Southwest Airlines over a meltdown last winter that disrupted travel for about two million people during the holiday season. Of the $140 million, Southwest Airlines will pay $35 million to the federal government. For the remaining amount, the department is giving the airline credit …
Illumina, the leading producer of gene-sequencing machines, announced Sunday that it would sell Grail, a cancer test developer that it purchased for $7.1 billion in 2021. The move came two days after Illumina lost its case in a federal appeals court, which largely upheld a Federal Trade Commission ruling that Illumina should unwind its deal …
On Friday, the California state agency that accused the video game maker Activision Blizzard of fostering a culture of sexual harassment against women withdrew those allegations in a $54 million settlement with the company. The California Civil Rights Department found that “no court or any independent investigation has substantiated any allegations” about “systemic or widespread …
Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time, …
Martin Guzman was a college freshman at La Universidad Nacional de La Plata, Argentina, in 2001 when a debt crisis prompted default, riots and a devastating depression. A dazed middle class suffered ruin, as the International Monetary Fund insisted that the government make misery-inducing budget cuts in exchange for a bailout. Watching Argentina unravel inspired …
Recent Disney films like the animated “Strange World,” with its gay teenage protagonist, have become cultural flash points. But “Pocahontas” prompted a full-blown fracas. Some people accused Disney of whitewashing history — for leaving out the fact, for instance, that Pocahontas died at 21, perhaps of smallpox, after being taken to London and paraded around …
Neil Drossman, who brought a cheeky wit and a tireless work ethic to the award-winning print advertisements and television commercials he wrote for clients like Meow Mix cat food, Teacher’s Scotch whisky and 1-800-Flowers, died on Nov. 25 in the Bronx. He was 83. His daughter, Jill Drossman, said he died of sepsis in a …
The big questions swirling around the market rally The S&P 500 is closing in on a record after the Fed signaled it would be cutting interest rates next year. Investors are betting that the U.S. economy will pull off the rosiest of outcomes: a soft-landing and cheaper borrowing costs. But some Wall Street veterans are …
In a faintly stilted tone and with slightly awkward grammar, the American-accented voice on YouTube last month ridiculed Washington’s handling of the war between Israel and Hamas, claiming that the United States was unable to “play its role as a mediator like China” and “now finds itself in a position of significant isolation.” The 10-minute …
In addition to Shopify, chatbots have come out over the past 12 months from Instacart, the delivery company; Mercari, a resale platform; Carrefour, a retailer; and Kering, which owns Gucci and Balenciaga. Walmart, Mastercard and Signet Jewelers are also testing chatbots, which may become publicly available as soon as next year. “In a way, it’s …