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Hollywood Director Is Convicted in $11 Million Scheme to Defraud Netflix20:50 Carl Erik Rinsch secured funding from the streaming company for a science-fiction series, “Conquest,” that was never completed. Thomas O. Hicks, Texas Money Man Who Owned 3 Teams, Dies at 7919:46 A master of leveraged buyouts, he bought baseball and hockey teams in Texas and an English soccer club, only to lose them in an avalanche of debt. What IndiGo Airline’s Meltdown Reveals About India’s Economy17:38 A tangle of problems at IndiGo, the dominant carrier, resulted in gridlocked airports across the country. Worse, it was the symptom of an even bigger problem. Disney Agrees to Bring Its Characters to OpenAI’s Sora Videos16:34 The deal is a watershed for Hollywood, which has been trying to sort through the possible harms and upsides of generative artificial intelligence. This Isn’t the First Time the Fed Has Struggled for Independence16:02 The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951. Trump’s Tariffs Shrank the U.S. Trade Deficit in September14:58 U.S. imports and exports ticked up from lows the previous month when the president’s global tariffs went into effect, while the trade deficit continued to fall Why Oracle Is Worrying Investors About the A.I. Boom14:58 Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off. New Eli Lilly Drug Retatrutide Brought Major Weight Loss in Trial14:58 The maker of Zepbound reported results from a study of retatrutide, which targets three hormones in the body and led to much more weight loss than any approved drug. Fed Divisions Underscore Challenge for Trump’s Next Chair11:12 President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it. Trump Doesn’t Want to Talk About Affordability. Democrats Say That’s a Gift.11:12 The president continues to brush off an issue that he said he would solve in his first months in office. Some Democrats say he is making the same mistake as his predecessor. Help! Can an Airline Really Do That to Me?11:12 You may be surprised by the little-known and sometimes nonsensical rules lurking in the fine print. Here are a few that tripped up readers in 2025. The Hollywood Studio Tour Has Become a Lot of Nothing11:12 It’s hard to make a movie studio tour exciting when movies aren’t made there anymore. “A vibe of tiredness, like the end of something,” one guest said. Hatching the Automobile’s Future in a Cloistered Los Angeles Lab11:12 Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too late? DealBook Summit: Reckoning with the ‘New Normal’23:27 At this year’s DealBook Summit, there was an understanding that in the Trump era, business runs through the White house like never before. From the DealBook Summit: Industry Leaders Share Their Insights23:27 Representing a variety of public and private sectors, guests from technology and finance to education and the artsparticipated in a lunchtime discussion designed to spark conversation around critical questions of the day. |