Business
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Reasons for Optimism in 2023
Even in a world facing many challenges, there are reasons to be hopeful about next year and beyond.
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The Week in Business: Who Comes After Elon Musk?
Mr. Musk said that he would resign as Twitter’s chief executive once he found a successor “foolish enough to take…
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This Year Was the Beginning of a Green Transition
For almost half a century, the world has talked about quitting its addiction to fossil fuels. Yet, year after year,…
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What Is a ‘Bomb Cyclone’?
The storm pummeling large swaths of the United States and Canada is what forecasters call a “bomb cyclone.” While this…
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For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot…
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BlackRock’s Pitch for Socially Conscious Investing Antagonizes All Sides
Right-wing officials are attacking BlackRock for overstepping. Those on the left say the world’s biggest asset manager is not doing…
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France Desperately Needs Workers, but the Fixes Could Anger Left and Right
Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of…
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Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers
Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a…
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Elon Musk’s Distraction Is Just One of Tesla’s Problems
The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with…
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Black Ice and White Knuckles: Braving the Elements on Iceland’s Ring Road
In summer, the roughly 830-mile route offers drivers midnight sun, along with plenty of traffic. Other times of the year,…