NYT > Business · Business
$150 for a Thanksgiving Pie? A Humble Dessert Staple Gets Pricey.
This season, bakers are charging three figures for luxury versions that combine elaborate prep and premium ingredients. Not everyone is biting.
Business news
NYT > Business · Business
Fed Will Not Hold Policy Vote at October 2027 Meeting
The shift to a strategy meeting next October is just the first step in a broader plan by Kevin M. Warsh, the chairman of the Federal Reserve, to change how the central bank operates.
NPR Topics: Business · Business
'Punch in the gut': Homes sales fall to their lowest in 16 years
Existing homes sales in October declined 8.8% from a year earlier, according to the National Association of Realtors. (Image credit: Mario Tama)
WSJ.com: US Business · Business
SpaceX Plans More Than $74 Billion in Texas, Arizona Data-Center Investments
The company said it plans to spend around $24 billion on a data center in the Rio Grande Valley in Texas and roughly $50 billion on a campus in Cochise County, Ariz.
NYT > Business · Business
What Do You Want to Know About New York Times Journalism and A.I.?
New York Times journalists want to answer your questions about how we’re using artificial intelligence in our report.
NYT > Business · Business
Jensen Huang’s Affairs That Upended Nvidia: Timeline of Events
News of the Nvidia co-founder’s relationship with a suspected Chinese spy, and his affair with an executive who reports to him, prompted his exit from the multi-trillion-dollar company.
WSJ.com: US Business · Business
U.S. Crude-Oil Stockpiles Post Unexpected Weekly Build
Commercial crude-oil inventories rose by 4.7 million barrels to 414.4 million barrels, the EIA said. Inventories were expected to have fallen by 700,000 barrels, according to a Wall Street Journal survey of analysts.
WSJ.com: US Business · Business
Jensen Huang Built Nvidia. Its Chips Made the AI Boom Possible.
Nvidia’s first and only CEO turned semiconductors designed for videogames into the engine of the next technology revolution.
Business · Business
Jensen Huang's exit tests whether Nvidia can run without its co-founder
Jensen Huang's departure, tied to reports of an affair with a suspected Chinese spy, leaves the company without the leader who built it into the center of the AI boom.
WSJ.com: US Business · Business
Beijing Is Trying to Build a Chinese Rival for Insuring World Shipping
Officials have been sounding out shippers, banks and insurers in China about amassing funds for a marine-insurance hub.
WSJ.com: Markets · Business
Nvidia Shareholders Won’t Miss Jensen Huang for Long
Steadier hands could be better suited to enriching shareholders as the AI chip company enters a new phase.
WSJ.com: US Business · Business
A Mystery Businessman Introduced Jensen Huang to His Paramour. It Was Her Husband.
Kang Wei appeared to accept that his wife Alice Huang was in a romantic relationship and spoke openly of her closeness to the Nvidia chief.
NYT > Business · Business
Jensen Huang’s Resignation From Nvidia Could Complicate Billions in Philanthropic Giving
Mr. Huang, the company’s co-founder, and his wife oversee a charitable foundation with about $9 billion in assets.
WSJ.com: US Business · Business
Health Care Roundup: Market Talk
Find insight on Moderna, Merck KGaA and more in the latest Market Talks covering the health care sector.
NYT > Business · Business
Hospitals Brace for Medicaid Work Rules and Deep Funding Cuts
Health systems are racing to guide millions of patients through new eligibility hoops, slated to go into effect Jan. 1.
WSJ.com: US Business · Business
‘It’s Deplorable.’ The Five Weeks of Misery That Pushed N.J. Commuters to the Edge.
NJ Transit says it will resume regular service Sunday after more than a month of delays and disruption for long-overdue work on the Portal Bridge in New Jersey.
WSJ.com: US Business · Business
Jensen Huang Has Been Ousted as Nvidia CEO
Nvidia Chief Executive Jensen Huang has resigned after two extramarital affairs, including one with a suspected Chinese spy and another with an employee.
WSJ.com: US Business · Business
Who Is Colette Kress? Meet Nvidia’s New Interim CEO
Nvidia’s longtime finance chief spent years at Microsoft and Cisco before joining the AI-chips juggernaut.
NPR Topics: Business · Business
Jensen Huang biographer reacts to the Nvidia CEO's resignation
NPR's A Martinez speaks with Stephen Witt, author of a Jensen Huang biography, about his resignation from his role as CEO of Nvidia.
NYT > Business · Business
Data Centers Will Continue to Be Built, Despite Midterm Elections
Big technology companies saw the tide turn against their giant A.I. projects, but they have the means to weather delays.
WSJ.com: US Business · Business
Huang’s Coziness With Trump Wasn’t Enough to Save Him From Spying Scandal
U.S. officials have repeatedly raised concerns about his influence with the president and the Nvidia CEO’s posture toward China.
WSJ.com: US Business · Business
A Timeline of the Scandals That Brought Down Nvidia CEO Jensen Huang
The world’s most consequential AI CEO is out after two affairs — one with a suspected spy. Here’s how it all unfolded.
NYT > Business · Business
Help! A Broken Toilet Grounded My Plane, and the Airline Won’t Cover a Hotel.
Turkish Airlines tried to wiggle out of paying for a passenger’s $512 overnight stay after a stomach-churning malfunction forced it to cancel a flight in Denver.
WSJ.com: US Business · Business
The Audacious Plan to Electrify the Global Economy—Again
Plus: The cost of hardening the grid in California’s wildfire country, the Iran war’s impact on carbon emissions and a surprising reversal in the polar vortex.