Business

The Cannabis Industry Hopes for New Highs

The Cannabis Industry Hopes for New Highs

The Justice Department’s recommendation that restrictions on marijuana be lifted have revived expectations for a business that has waited years…
The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough

The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough

Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
What to Watch as the Fed Makes Its Interest Rate Decision

What to Watch as the Fed Makes Its Interest Rate Decision

Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for…
Federal Money Is All Over Milwaukee. Biden Hopes Voters Will Notice.

Federal Money Is All Over Milwaukee. Biden Hopes Voters Will Notice.

White House officials have barnstormed Wisconsin to make the connection between big changes and their signature laws.
Drought That Snarled Panama Canal Was Linked to El Niño, Study Finds

Drought That Snarled Panama Canal Was Linked to El Niño, Study Finds

The low water levels that choked cargo traffic were more closely tied to the natural climate cycle than to human-caused…
PG&E Seeks Approval to Sell Stake in Its Power Operations

PG&E Seeks Approval to Sell Stake in Its Power Operations

California’s largest utility said its proposed deal with the global investment firm KKR could reduce customer rates by $100 million…
Tesla Fires Many on Charger Team, Raising Doubts About Expansion

Tesla Fires Many on Charger Team, Raising Doubts About Expansion

The carmaker dismissed hundreds of employees in a unit that was critical to its success and seen as important to…
Water Heaters Use Lots of Energy. The D.O.E. Wants to Change That.

Water Heaters Use Lots of Energy. The D.O.E. Wants to Change That.

The Biden administration is tightening efficiency rules for water heaters, stoves and other appliances, and conservative politicians are dialing up…
Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play

Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play

RedBird IMI said it had withdrawn its attempt to acquire the storied newspaper after a revolt from Conservative Party leaders.
Walmart Is Shutting Health Centers After Plan to Expand

Walmart Is Shutting Health Centers After Plan to Expand

The 51 locations, next to Supercenters, proved too costly to be profitable, the retailer said.
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