Category: United States

Over 200,000 Heated Socks Sold at Costco Recalled After Reports of Burns

The New York Times – Business:
The socks, from the brand 32 Degrees, were linked to reports of first- and second-degree burns, according to U.S. product safety regulators.
As Trump Officials Pushed Health Savings Accounts, Kennedy Aide Had Wellness Company Stake

The New York Times – Business:
Calley Means remained president of a company that relied on health savings accounts last year as the Trump administration developed policies to expand them.
The Peril of Piloting Ships Through the Strait of Hormuz

The New York Times – Business:
Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
Why Everyone, Including Trump, Is Talking About Airline Mergers

The New York Times – Business:
A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses

The New York Times – Business:
Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
Companies, Not Consumers, to Cash In Big From Tariff Refunds

The New York Times – Business:
Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
War and Sanctions Accelerate China’s Currency Push

The New York Times – Business:
China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline

The New York Times – Business:
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
U.S. Nears Loan to Rescue Spirit Airlines

The New York Times – Business:
The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
Aging in Place: How Technology Might Help You Grow Old at Home

The New York Times – Business:
The budding field is turning dreams into reality for older adults who are eager to age in place, filling caregiving gaps and easing minds as America ages rapidly.
A.I. Is Eliminating Jobs on Wall Street

The New York Times – Business:
“A.I. gives us places to go we haven’t gone,” said one bank’s chief executive.
Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed

The New York Times – Business:
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.