FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said that customers of the cryptocurrency exchange were set to get all their money back, plus interest.
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CreditMarco Bello/Reuters Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial
The hedge fund is accused of borrowing money from banks to buy stocks.
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CreditAssociated Press/Seth Wenig Hong Kong Court Bans Democracy Song, Calling It a ‘Weapon’
The decision could give the government power to force Google and other tech companies to limit access to “Glory to Hong Kong,” an anthem of 2019 protests.
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CreditPhilip Fong/Agence France-Presse — Getty Images Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds
The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world, according to a report from the Semiconductor Industry Association.
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CreditTom Brenner for The New York Times
Activist Investor Seeks to Force Out Norfolk Southern’s Management
A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.
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CreditKristen Zeis for The New York Times TikTok Sues U.S. Government Over Law Forcing Sale or Ban
The social media company and its Chinese parent, ByteDance, sued to challenge the new law, saying it violated users’ First Amendment rights.
By Sapna Maheshwari and
CreditRozette Rago for The New York Times New York Times Adds 210,000 Digital Subscribers in Quarter
Adjusted operating profit was $76.1 million, an increase of about 41 percent from a year earlier.
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CreditAmir Hamja for The New York Times A Highway Split Their Community. Efforts to Fix That Face Opposition.
The Biden administration is spending billions to reconnect communities of color that have been fragmented by highways. Some projects have stirred debates over how to mend longstanding harms.
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CreditJoshua Rashaad McFadden for The New York Times Inquiry Finds a Toxic Culture at the F.D.I.C., and Takes Aim at Its Leader
Bad workplace behavior was pervasive at the bank regulator, according to an investigation that questioned whether things can improve without a change in leadership.
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CreditJim Lo Scalzo/EPA, via Shutterstock
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Biden Looks to Thwart Surge of Chinese Imports
The president has proposed new barriers to Chinese electric vehicles, steel and other goods that could undermine his manufacturing agenda.
By Jim Tankersley
DealBook NewsletterTikTok’s Legal Bet on the First Amendment
The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
Outage at U.K. Airports’ Immigration Checkpoints Fixed After Several Hours
Airport officials said Tuesday that a system outage affecting the Border Force’s immigration gates had caused long waits for passengers arriving in Britain. The issue was resolved early Wednesday.
By Orlando Mayorquín
Senators Seek to Curb Facial Recognition at Airports, Citing Privacy Concerns
A bipartisan group of lawmakers is pushing to add language to the reauthorization of the Federal Aviation Administration that would halt expansion of the technology.
By Luke Broadwater
Sweetgreen Is Introducing Steak. What About Its Climate Goals?
The fast-casual chain aims to be climate neutral by 2027, but beef is a big contributor to climate change.
By Christina Morales
DealBook NewsletterThe Big Questions Hanging Over a Blackstone Fund
Wall Street has been debating how the investment giant’s $59 billion real estate fund has managed to outperform virtually all its rivals.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
Disney Reports Strong Earnings but Warns of Bumps Ahead
In a surprise, Disney+ made money for the first time in the latest quarter, but the company said it expected a slowdown in its parks division.
By Brooks Barnes
In Paris and Beyond, 6 Sumptuous European Hotels
For Olympics-goers and just plain vacationers, here are new accommodations that offer a special taste of France, Italy and Greece.
By Stephanie Rosenbloom
Behind Nigeria’s Arrest of Binance Employee, Claims of a Bribe Request
A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
By David Yaffe-Bellany and Emily Flitter
How a Tiny Chicago News Organization Won 2 Pulitzers
The Invisible Institute, a nonprofit newsroom with roughly a dozen journalists, was recognized for local and audio reporting.
By Benjamin Mullin
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