Activist Investor’s Group Raises Bid for Macy’s

The activist investor group that is seeking to buy Macy’s increased the pressure on the department store chain on Sunday, raising its offer and disclosing additional details about its financing plans. Arkhouse Management and Brigade Capital Management said in a news release that they were now offering $24 per share, valuing the retailer at $6.6 More...

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By admin On Sunday, March 3rd, 2024
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The I.R.S.’s Taxpayer Experience Officer Says Open Your Mail Already

The Internal Revenue Service is on a charm offensive, as long as you don’t earn too much money. After a multiyear pandemic pause, the agency is rebooting its collection efforts, hammering home its intent More...

By admin On Sunday, March 3rd, 2024
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How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

I have covered economics for 11 years now, and in that time, I have come to the realization that I am a statistic. Every time I make a major life choice, I promptly watch it become the thing that everyone is More...

By admin On Saturday, March 2nd, 2024
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The Big Questions Raised by Elon Musk’s Lawsuit Against OpenAI

The F.T.C. sued to block the biggest supermarket merger in U.S. history. The regulator moved to block Kroger’s $25 billion bid for Albertsons, warning that the deal would raise prices and damage union workers’ More...

By admin On Saturday, March 2nd, 2024
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Elon Musk Sues OpenAI and Sam Altman for Violating the Company’s Principles

OpenAI, the influential artificial intelligence company that ousted and then reinstated its high-profile chief executive three months ago, faces a new drama: a lawsuit from Elon Musk, one of the richest men More...

By admin On Friday, March 1st, 2024
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CVS and Walgreens Will Begin Selling Abortion Pills This Month

The two largest pharmacy chains in the United States will start dispensing the abortion pill mifepristone this month, a step that could make access easier for some patients. Officials at CVS and Walgreens said More...

By admin On Friday, March 1st, 2024
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Judge Fines Ex-Fox News Reporter, Catherine Herridge, for Not Revealing Sources

A federal judge held a veteran investigative reporter in contempt of court on Thursday for not revealing her sources for articles she wrote about a scientist who was investigated by the F.B.I. The journalist, More...

By admin On Thursday, February 29th, 2024
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Nursing Home Staffing Shortages and Other Problems Still Persist

Many Americans prefer to believe the Covid pandemic is a thing of the past. But for the nation’s nursing homes, the effects have yet to fully fade, with staffing shortages and employee burnout still at crisis More...

By admin On Thursday, February 29th, 2024
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Boeing Faces Justice Dept. Review Over Max 9 Incident

The Justice Department is reviewing whether an early January incident in which a part of a Boeing plane blew out in midflight violated a 2021 agreement to settle a criminal charge against the company, according More...

By admin On Wednesday, February 28th, 2024
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FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues

The Federal Aviation Administration said on Wednesday that it had asked Boeing to provide the agency with a “comprehensive action plan” to address quality-control issues within 90 days, the regulator’s More...

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