Business

Amazon is shutting down Freevee, its free ad-supported streaming television (FAST) service and sending its content to Prime Video. Getty Images/Amazon

Amazon to shut down Freevee, shift services to Prime

Consumer prices rose 2.6% annually in October, up from 2.4%. in September. Shelter inflation accounts for more than half of the monthly rise. Getty Images

Inflation heats back up to 2.6% as housing drives consumer price increase

President-elect Trump has created the Department of Government Efficiency. Getty Images

Musk, Ramaswamy to lead Trump’s Department of Government Efficiency

Major changes are coming to the Los Angeles Times as owner Patrick Soon-Shiong announced plans to create a new editorial board. Getty Images

Media reform post-election: LA Times to create new editorial board

Since the election, companies are seeing a major surge in online sales of emergency contraceptives like Plan B. Getty Images

Morning-after pill sales surge online, companies cite Trump’s reelection

Oura CEO Tom Hale believes Apple will not be entering the smart ring game, as the competition grows with Samsung. Getty Images

Will Apple release a smart ring? Oura CEO says no

NYU's flawed study, funded by the Biden administration, claimed nearly 90% of MTA workers in NYC were assaulted or harassed. Getty Images

NYU study on MTA retracted for flawed research, skewed results

ExxonMobil CEO Darren Woods said the "stops and starts" on the Paris Climate Agreement are "extremely inefficient" and create "uncertainty." Getty Images

ExxonMobil chief urges Trump not to pull out of Paris climate agreement

Seniors paying for Medicare Part B plans will see their premiums increase by 6% in 2025, rising from $174.70 to $185. Getty Images

Seniors paying for Medicare Part B plans will face higher premiums in 2025

Amazon is making smart glasses that would give delivery drivers turn-by-turn navigation on a small screen along their routes. Getty Images

Amazon making smart glasses for drivers, aimed at making deliveries faster

President-elect Donald Trump's cabinet is starting to fill out. AP Images

Trump fills more White House roles with Rubio, Noem among likely next picks

A recent bankruptcy and widespread culling of chickens underscore the challenges the Biden administration's program faces. Getty Images

Failures and delays mark Biden’s $325M effort to disrupt meatpacking industry

Elon Musk and Jeff Bezos reignite feud over claims Bezos predicted Trump's loss, sparking renewed rivalry between space industry moguls. Getty Images

Bitcoin breaks $85,000. What has Trump promised to do with crypto?

Red lobster is hoping for a comeback with a new menu and a millennial makeover led by the company’s new 35-year-old CEO. Getty Images

Red Lobster’s revival with 35-year-old CEO: Will a millennial makeover work?

Mattel is apologizing for a packaging problem on its “Wicked” dolls where a misprinted URL sent customers to an adult film website. AP Images

Mattel apologizes for ‘Wicked’ dolls packaging linking to porn site

According to a poll released Wednesday, 26% of Republicans say they want Musk to have “a lot of influence" over the Trump administration. Getty Images

Will Elon Musk’s conflicts keep him from serving in Trump’s White House?

At least one company is already making major changes to its business relationship with China following President-elect Donald Trump’s victory.

Steve Madden to slash China sourcing to avoid Trump tariffs

A defiant Jerome Powell made clear he’s not budging from his chair when President-elect Donald Trump is back in office. Getty Images

Fed Chair Jerome Powell has one word to say to reports Trump wants him gone

Americans saw an increase in robocalls in October — receiving nearly 4.9 billion of them — and you can thank the presidential election for that. Getty Images

Election fuels 4.9 billion robocalls in October

The Biden administration is working to complete CHIPS and Science Act agreements with multiple companies like Intel and Samsung, hoping to finish up the initiative before President-elect Donald Trump returns to the White House. Getty Images

Push for CHIPS Act subsidies ramps up ahead of Trump taking office

The FDA could soon pull a common but ineffective ingredient in cold and flu medicines from shelves. Getty Images

Popular cold, flu medicine could be pulled from market for ineffectiveness

The New York Times Tech Guild is urging readers to avoid popular games like Wordle and Connections on The Times’ website in solidarity. Getty Images

NYT tech workers release own versions of Wordle and Connections during strike

Federal regulators denied Amazon’s request for increased nuclear power to support its data centers, citing concerns over consumer cost hikes. Talen Energy

Amazon wants more nuclear power, but regulators fear spike in consumer costs

As President-elect Donald Trump prepares for his next four years in the White House, he has a new potential business conflict: Trump Media. Getty Images

Does Trump have to sell his DJT stake? We asked a White House ethics lawyer