Business

Oil Producers Back Climate Deal Despite Fossil Fuel Language

Oil industry executives on Wednesday said they more or less backed the agreement coming out of the United Nations climate summit in Dubai, despite its language calling for “transitioning away from fossil fuels.” “We support the outcome of COP28,” said a spokesman for Shell, Europe’s largest energy company. Eni, the Italian energy giant, praised the …

Sport

Aston Martin’s F1 Season Went Zoom, Then Sputtered

A year ago, Lawrence Stroll, team owner of Aston Martin, was far from achieving his aspirations. Twelve months later, Fernando Alonso outlined the difference in performance between last year’s team and this year’s. “It has been a historical season for Aston Martin, and for myself, eight finishes on the podium, more than 200 points, nearly …

Politcs

Democrats Seize on Texas Case in Push for Abortion Rights

The case of a Texas woman who sought a court-approved abortion but wound up leaving the state for the procedure is reigniting political arguments that have roiled elections for more than two years, placing Democrats on the offensive and illustrating Republicans’ continued lack of a unified policy response or clear strategy on how to talk …

Business

Tesla Recalls Autopilot Software in 2 Million Vehicles

Tesla’s reputation for making technologically advanced cars suffered a blow on Tuesday when the company, under pressure from regulators, recalled more than two million vehicles. U.S. officials said the automaker had not done enough to ensure that drivers remained attentive when using a system that can steer, accelerate and brake cars automatically. The recall by …

Sport

F1 Teams Will Spend the Off-Season Seeking Ways to Be More Competitive

“It’d be wrong to just leave it alone as our opposition are getting a bit closer,” said Paul Monaghan, chief engineer of Red Bull, when discussing its car in São Paulo in November. “It perhaps wouldn’t surprise you,” he said, to learn that the 2024 car will be “an evolution of the current car. It’d …

Politcs

Inside the Troll Army Waging Trump’s Online Campaign

The video, called “Let’s Get Ready to Bumble,” is a slick mash-up of President Biden’s verbal slip-ups and his stumbles set to a thumping 1990s dance track. And when it was played on a big screen at Trump rallies late last year, it consistently drew laughs and jeers from the crowd. But Donald J. Trump …

Business

What to Watch at the Fed’s Final Meeting of 2023

Federal Reserve officials will wrap up a year of aggressive inflation fighting on Wednesday afternoon, when they are expected to use their final policy decision of 2023 to leave interest rates at their highest level in 22 years. The Fed is finishing the year on pause after the most intense campaign of interest rate increases …

Politcs

Republicans Sideline Zelensky With Border Demands, Imperiling Aid Package

“He simply said, ‘I know that I should not be involved’” in the discussions about the border, said Senator Mike Rounds, Republican of South Dakota. “He made it clear that he understood that that was an issue. He was there to talk about their needs. And he did a very good job of not getting …

Business

E.U. Moves to Tap Frozen Russian Assets to Help Ukraine

Following months of political wrangling, the European Union on Tuesday officially began a lengthy process to deliver on its pledge to use money derived from frozen Russian central bank assets toward the reconstruction of Ukraine. The European Commission, the bloc’s executive arm, said it had agreed on a proposal detailing a legal way to use …