Business

Economy

Flexible spending accounts are back to use-it-or-lose-it

6:10pm December 09, 2022

by Kenny Malone

During the pandemic, the IRS allowed Americans to roll over the balances in their health flexible spending accounts. But the end of 2022 marks the return of the use-it-or-lose-it policy for most FSAs.

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New York Times employees engaged in its largest newsroom work stoppage in decades

8:31am December 09, 2022

by David Folkenflik

More than 1,000 New York Times newsroom union members went out on strike for a full day in the biggest work action at the paper in decades.

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Recent tech layoffs cause fears of another dot-com bust

5:00am December 09, 2022

by Adrian Ma

Tech companies are laying off thousands of workers in a reversal of their hiring boom during the pandemic. Should we worry about another dot-com bust like the one in 2000?

The transportation sector makes up 27% of U.S. greenhouse gas emissions. Of that percentage, medium and heavy duty trucks — everything from delivery vans to big rigs –- make up 26% according to an inventory of greenhouse gas emissions by the EPA.

Truck makers lobby to weaken U.S. climate policies, report finds

5:27pm December 08, 2022

by Laura Klivans

A new report finds that truck manufacturers and an industry trade group privately lobbied to weaken U.S. climate policies while publicly promoting zero-emissions trucks.

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A last Boeing 747, a cargo freighter destined for Atlas Air, is seen during an event at the company's facility in Everett, Wash., on Tuesday.

National

The very last 747 jet has been made, ending a run of more than 50 years

4:19pm December 08, 2022

by Bill Chappell

Boeing says the last 747 it will ever build left its assembly line this week. It's the end of an aviation era that began with Pan Am's first commercial flight of the jumbo jet in 1970.

Chaos reigns at Twitter as Musk manages 'by whims'

1:44pm December 08, 2022

by Terry Gross

Tech journalist Casey Newton says Elon Musk did not inherit a company in crisis — but after massive layoffs and upheaval the social media giant is losing money and Musk is warning of bankruptcy.

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More than 250 workers at HarperCollins, one of the biggest publishers in the country, have been on strike since November.

Hundreds of authors give support to striking workers at HarperCollins

12:38pm December 08, 2022

by Andrew Limbong

Authors such as Barbara Kingsolver and Jacqueline Woodson have pledged not to submit work to HarperCollins until the strike has resolved.

Tech workers face widespread layoffs, a hardship notably for immigrants relying on tech companies for work visas.

Economy

Find a new job in 60 days: tech layoffs put immigrant workers on a ticking clock

10:20am December 08, 2022

by Stacey Vanek Smith

Last month, tech companies laid off about 50,000 workers, many of them immigrants on work visas. Now they have to find a job soon or leave the country.

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Ramesh "Sunny" Balwani, the former lover and business partner of Theranos CEO Elizabeth Holmes, arrives at federal court in San Jose, Calif. on Dec. 7, 2022.

National

Ramesh 'Sunny' Balwani is sentenced to nearly 13 years for his role in Theranos fraud

7:41pm December 07, 2022

by Jaclyn Diaz

A jury found Elizabeth Holmes' former business and romantic partner guilty in July on all 12 felony counts of defrauding Theranos investors and the patients that used the company's faulty blood tests.

Gov. Larry Hogan said Maryland is banning the use of TikTok and certain China and Russia-based platforms in the state's executive branch of government.

Maryland is the latest state to ban TikTok in government agencies

2:53pm December 07, 2022

by The Associated Press

Maryland is banning the use of TikTok and certain China and Russia-based platforms in its executive branch. It's the latest state to address cybersecurity risks presented by the platforms.