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Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan0:24 Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump. It’s the second round of cuts this year. Microsoft Targets About 7% of Its U.S. Workers With Buyout Offer22:43 The tech giant is offering long-serving employees early retirements as it continues to invest aggressively in artificial intelligence. Two Litigation Partners Depart Paul Weiss22:12 The departure of Kannon Shanmugam and Masha Hansford is the latest in a string of litigators who have left the influential New York law firm. New Gene Therapy Enables Children With a Rare Form of Deafness to Hear21:40 The treatment, the first of its kind, was approved by the Food and Drug Administration on Thursday. “Our baby was born deaf, and now he can hear,” said one parent. Congress May Finally Recognize That Mobile Homes Aren’t Really That Mobile20:04 An obscure federal rule requires manufactured homes to be built on a chassis, making them more costly. A bill in Congress would remove the mandate, enacted five decades ago. How We Cover the White House Correspondents’ Dinner16:52 The annual black-tie event attracts Hollywood stars, reporters and politicians for an irreverent night celebrating press freedom. Warner Bros. Investors Approve Deal With Paramount16:20 The vote brings the tech scion David Ellison one step closer to uniting some of the world’s biggest news and entertainment properties. Investors Fret Over Tesla’s $25 Billion A.I. Bet14:12 Elon Musk’s electric vehicle company said that it needs to spend big on artificial intelligence and robots. Wall Street is worried about the bill. Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline11:30 The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars. As U.S. Brands Stumble, China Wins Over Young Indonesians11:30 A new generation of Indonesian consumers view Chinese brands as high-tech and of good quality, a departure from the days when “made in China” was associated with cheap goods. Controversies and Production Issues Around ‘Michael,’ the Jackson Biopic, Explained11:30 Reshoots, reluctant studios and family holdouts: the production faced many issues. But now the box office is expected to be huge. Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows11:30 A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States. Supreme Court Rejects Oil Company Argument in Fight Over Great Lakes Pipeline5:06 The justices sided with Michigan officials, who have raised environmental alarms and pushed to decommission an aging section of the pipeline. |
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