The videogame giant’s actions have come in the wake of pressure from investors, business partners and employees to address complaints over its handling of misconduct issues.8 min read
Some board members feared Horta-Osório, who is leaving the bank following an investigation by the board, lacked credibility to fix what had come to be seen as a broken culture. His jet use also raised concerns.6 min read
The activist investor is renewing a push to get the department-store chain to take action to boost its lagging stock, including altering its board.2 min read
The country’s leaders are hoping that they can put a floor under the economy, which expanded by 4% in the fourth quarter of last year, the slowest pace since the beginning of the Covid-19 recovery.5 min read
U.S. stocks are off to a rocky start in 2022, and hundreds of U.S.-listed companies with market capitalizations above $10 billion are down at least 20% from their highs. While some have bounced from their lows, many remain in bear-market territory.103
One year into her tenure as director of the Centers for Disease Control and Prevention, Rochelle Walensky acknowledges that she should have communicated certain things better to the American public.4 min read
In his annual letter to the CEOs of the companies in which BlackRock invests, Larry Fink said businesses that don’t plan for a carbon-free future risk being left behind. The quest for long-term returns, and not politics, is what animates the money manager’s efforts, he wrote.3 min read
Columnists
Weekend Reads
Worker shortages, long lines and less open terrain are making this winter season challenging for the resort titan of the ski industry. “I want you to open my mountain.”386Long read
Business & Finance
Carriers said in a letter to U.S. officials that current FAA flight-safety measures to accommodate the new wireless service could result in a significant disruption of their flight schedules this week.3 min read
With plenty of companies hiring, workers are quitting their jobs in droves and starting their own ventures. “I refuse to accept a position that’s just a position.”5 min read
U.S.
A huge snowstorm knocked down power lines, leaving a community that has in the summer coped with wildfire-related shut-offs now during the winter without electricity for more than two weeks.1275 min read
Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, is isolating, as is the head of the Marine Corps, the Pentagon said.2 min read
The late Dolph Briscoe Jr., once known as the state’s largest individual landowner, thought he had ensured his legacy. He didn’t account for bad blood, and tragedy.244Long read
World
Three people were killed and six injured in explosions at two locations in the United Arab Emirates, as intensifying fighting in a 7-year-old civil war spills out across the broader Middle East.6 min read
With its leader firmly on the outside of international summits about the country’s future, Ukraine was buffeted by domestic turbulence as former President Petro Poroshenko returned from abroad to face charges of treason and financing terrorism.6 min read
Tehran’s demand, a reaction to former President Donald Trump’s withdrawal from the 2015 nuclear deal, appears to be a paramount political objective for Iran’s government, say U.S. and European diplomats at talks in Vienna.5 min read
After landing in his home country, the tennis star was met by a crowd of supporters wrapped in flags. The tallest skyscraper in the Balkan nation displayed a giant message declaring him “the pride of Serbia.”4 min read
An ash cloud threatens clean-water supplies in the Pacific nation, while the disaster may have caused a break in an undersea internet cable that connects Tonga to the rest of the world.4 min read
Life & Work
A tribute special to the late actress featuring her last on-camera performance—a thank-you message to fans recorded 11 days before her death last month—will be shown in more than 1,500 movie theaters on Jan. 17.203 min read
Popular cloth masks may not offer enough protection against the fast-spreading variant, doctors say. Here’s what you need to know about stronger options.563 min read
The supermodel also discusses Instagram vs. reality: “Even though on Instagram things look so beautiful, at the end of the day, we are all cut from the same cloth.”6 min read
Forget the utilitarian packaging and low-to-middling quality of decades past. Store brands have gone upmarket.745 min read