Business

These Investors Are Putting $1 Billion Into Trump Media

When former President Donald J. Trump’s fledgling social media company and its merger partner announced in December that they had secured $1 billion in additional private funds for the deal, it set off speculation about the identities of the investors. Who were the roughly three dozen investors betting on the success of the former president’s …

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US Will Start Blocking Russia’s Bond Payments to American Investors

WASHINGTON — The Biden administration will start blocking Russia from paying American bondholders, increasing the likelihood of the first default of Russia’s foreign debt in more than a century. An exemption to American sanctions has allowed Russia to keep paying its debts since February. But that carve out will expire on Wednesday, and the United …

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Latest Stock Market and Business News: Live Updates

Google Maps uses more than 200 employees of Cognizant Technology Solutions, which wants them to start working five days a week in Bothell, Wash., next month.Credit…Andrew Testa for The New York Times Google Maps contract employees who are required to return to their office in Washington State recently circulated a petition to keep working from …

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A Force in Hollywood’s Private-Equity Boom Adds a Spanish-Language Company

Candle Media, the private-equity-backed company that has invested in firms founded by Hollywood stars such as Reese Witherspoon, has settled on its latest target: Exile Content Studio, a producer of Spanish-language films, TV shows and podcasts. Candle Media, which is run by Kevin Mayer and Tom Staggs, former senior executives at the Walt Disney Company, …

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In Covid Zero, Young Chinese Embrace ‘Run Philosophy’

Four years ago, many young Chinese liked to use the hashtag #Amazing China. Two years ago, they said that China was the “A” student in pandemic control and urged the rest of the world, especially the United States, to “copy China’s homework.” Now many believe that they’re the most unlucky generation since the 1980s as …

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Google Maps Workers Say They Can’t Afford the Trip Back to the Office

Google Maps contract employees who are required to return to their office in Washington State recently circulated a petition to keep working from home since some cannot afford their commutes, presenting another challenge to Google’s plan to refill offices and restore campus life. The issue affects more than 200 workers who are employed by the …

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US moves toward supplying Romania with a new style of nuclear plant.

The United States said on Monday that it would supply Romania with a training simulator in preparation for building a new type of nuclear power generating plant in the country. If an agreement on moving ahead with a power station is reached, Romania could become the first country in Europe, and perhaps in the world, …

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