Business

As a teenager, Greg, identified by his first name for privacy reasons, was diagnosed with an autoimmune disease and when it flared up again his parents insisted he live with them. “My family supports me a lot. They’re basically my full-time caretakers. [It’s] not how I imagined my life to be, especially in my 30s, but it’s the reality of…

Southwest Airlines was already having a terrible end to the year after a massive winter storm forced it to make flight cancellations that far outpaced those of its industry peers. Then somehow the PR nightmare got worse. At Nashville International Airport on Christmas night, a police officer threatened to arrest stranded Southwest passengers if they failed to leave a secured…

Twitter CEO Elon Musk recently said he’s “cut costs like crazy” since acquiring the company. The employees smell the results. In a Twitter Spaces conversation on Dec. 20, Musk said, “This venture is basically like you’re in a plane, heading for the ground at high speed, the engines are on fire and the controls aren’t working.” Amidst his drastic cost-cutting…

As the oldest working generation, baby boomers have one leg in the workforce and the other in retirement. Time and favorable economic conditions have made it easier for this generation to build wealth compared to younger generations. A 2022 study predicts that by 2045, assets transferred will total $84.4 trillion – $72.6 trillion in assets will be transferred to heirs,…

Regardless of whether or not Pelé scored nearly 1,300 goals in his professional football career, all his biographers agree that the three-time world champion wrote more than 100 songs and sold more than 100,000 copies of one of his albums. He has also appeared in films, most notably the WWII film Victory, and was one of the stars of a…

Arata Isozaki, a Pritzker-winning Japanese architect known as a postmodern giant whose designs blended the culture and history of East and West, has died of old age. He was 91. Isozaki died Wednesday at his home on Japan’s southern island of Okinawa, Bijutsu Techo, one of the country’s most respected art magazines, and other media reported. Isozaki won the 2019…

With sky-high prices for just about everything from groceries to utilities to housing, Americans have been tighter on their budgets this year than in the past. Only about a quarter (26%) of Americans reported overspending in 2022, compared with 28% in 2021 and 32% in 2020, according to Allianz Life Insurance Company of North America’s New Year’s Resolutions Study, the…

President Joe Biden on Thursday signed a $1.7 trillion spending bill that the federal government would keep running through the end of the federal fiscal year in September 2023 and tens of billions of dollars in new aid to Ukraine for its fight against the Russian military. Biden had to sign the bill by late Friday to avoid a partial…

The US Food and Drug Administration’s approval process for Biogen Inc.’s controversial Alzheimer’s drug was “riddled with irregularities,” raising serious concerns about protocol errors at the agency, congressional investigators said. According to the report of an 18-month investigation released Thursday by two House Oversight and Reform committees and Energy and Commerce committees, the Food and Drug Administration cooperated excessively with…