The group of major oil-producing countries known as OPEC Plus said on Sunday that it would embark on a complex effort to adjust production as it aimed to halt the recent slide in oil prices, including an additional cut in…
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Netflix Shareholders Vote to Reject Executive Pay Packages
The News Netflix shareholders voted on Thursday to reject the lucrative pay packages of the company’s leaders, including the co-chief executives Ted Sarandos and Greg Peters. The vote is nonbinding and can be overruled by the company’s board of directors…
The Student Loan Payment Pause Is Ending. Here’s How to Prepare.
After a three-year break, student loan payments are about to come due again. The payment pause on federal loans has been extended eight times since March 2020 as part of a pandemic relief measure. This time, however, the big restart…
Uber’s Diversity Chief Put on Leave After Complaints of Insensitivity
Uber has placed its longtime head of diversity, equity and inclusion on leave after workers complained that an employee event she moderated, titled “Don’t Call Me Karen,” was insensitive to people of color. Dara Khosrowshahi, Uber’s chief executive, and Nikki…
Montana Governor Signs Total Ban of TikTok in the State
The governor of Montana, Greg Gianforte, signed a bill on Wednesday to ban TikTok from operating inside the state, the most extreme prohibition of the app in the nation and one that will almost certainly be challenged in court. The…
Valyant AI teams with Hardees, Carls Jr. to automate drive-thru order
Fast-food restaurants wrestling with finding workers are turning to a helper named Holly, who is being deployed by a Denver technology company. Her specialty is taking drive-thru orders and she sounds just human enough to do it smoothly while signaling…
A Campus With a Smokestack: Converting Old Factories Into Schools
The P.R. Mallory Campus, a century-old brick building in the Englewood neighborhood in Indianapolis, has long been known for innovation. The industrial site was once home to scientists and engineers who had for decades devised new consumer goods, including radios,…
Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank
U.S. authorities are investigating the work Goldman Sachs did for Silicon Valley Bank in the weeks before it failed, including its advice that the smaller lender sell a large portfolio of securities at a loss, according to a regulatory filing…
European Central Bank Raises Rates Again, but Only a Quarter Point
The European Central Bank raised interest rates by a quarter of a percentage point on Thursday, slowing down the pace of its monetary policy tightening even as it signaled that the fight against inflation was not complete. The quarter-point move…
Ajay Banga Confirmed as World Bank Leader
Ajay Banga, President Biden’s pick to be president of the World Bank and broaden its ambitions to combat climate change, was approved by its executive board on Wednesday. Mr. Banga will assume the job on June 2 and succeed David…