Author: News Room

It’s graduation season, which is a good time for people in their early 20s to start thinking about how to get a better handle on their finances. How do you balance paying off student debt with saving for the future? Should you move back in with your parents to save on rent? What’s the best way to create a proper budget?Very few people have their finances perfectly in order while figuring out their lives and careers in their 20s. We want to help you get started.We’ve put together a five-day financial boot camp for people in their 20s to get…

Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday.“The risk zone has expanded,” Maersk, the second-largest ocean carrier, said in a note to customers, adding that the stress was causing further delays and higher costs.Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal. This has forced ocean carriers to avoid the sea and take a much longer route to Europe…

Two European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations, which lag their American counterparts.Shifting their listings to the United States would be a blow to European exchanges, where they are among the largest listed companies.In the past, it would have been almost unthinkable for TotalEnergies, one of France’s most prominent companies, to consider moving its primary share listing from Paris. But the company’s chief executive, Patrick Pouyanné, discussed considering such a shift to analysts recently.“There was a discussion with the…

Scientists are proposing a new way of understanding the genetics of Alzheimer’s that would mean that up to a fifth of patients would be considered to have a genetically caused form of the disease.Currently, the vast majority of Alzheimer’s cases do not have a clearly identified cause. The new designation, proposed in a study published Monday, could broaden the scope of efforts to develop treatments, including gene therapy, and affect the design of clinical trials.It could also mean that hundreds of thousands of people in the United States alone could, if they chose, receive a diagnosis of Alzheimer’s before developing…

Sohail Prasad, an entrepreneur, launched a fund in March called the Destiny Tech100. The fund owns shares in hot tech start-ups like the payments firm Stripe, the rocket maker SpaceX and the artificial intelligence company OpenAI.Few people get the chance to invest in these privately held companies since their shares are not openly traded. Mr. Prasad’s intention with Destiny was to let the rest of the world get a piece of them through his fund.But soon after Destiny debuted, two tech start-ups — Stripe and Plaid, a banking service — said the fund did not legally own their shares. A…

Qantas, Australia’s national airline, said on Monday that it had reached a deal with the country’s consumer watchdog to pay the equivalent of $79 million for selling thousands of tickets to flights that it had already canceled.The airline said in a statement that the payments, totaling 120 million Australian dollars, would resolve a lawsuit that the Australian Competition and Consumer Commission filed against Qantas over the issue last year. The commission accused the airline of advertising and selling tickets for more than 8,000 canceled flights from May 2021 through July 2022. The commission said Qantas had known that the flights…

In bars tucked away in alleys and at salons and bookstores around Shanghai, women are debating their place in a country where men make the laws.Some wore wedding gowns to take public vows of commitment to themselves. Others gathered to watch films made by women about women. The bookish flocked to female bookshops to read titles like “The Woman Destroyed” and “Living a Feminist Life.”Women in Shanghai, and some of China’s other biggest cities, are negotiating the fragile terms of public expression at a politically precarious moment. China’s ruling Communist Party has identified feminism as a threat to its authority.…

Paramount has decided to formally open negotiations with a bidding group led by Sony Pictures Entertainment and the private equity giant Apollo, according to three people familiar with the matter. The move comes after a period of exclusive talks with the Hollywood studio Skydance lapsed on Friday night.A special committee of Paramount’s board of directors met Saturday and signed off on beginning deal talks with Sony and Apollo, which last week submitted a letter of interest valuing the company at $26 billion, the people said. The committee also decided to push for further negotiations with Skydance, a studio founded by…

“The Fall Guy” seemed to have everything.Megawatt stars. Death-defying stunts. Splendid reviews. An original story — what sequel-weary moviegoers say they want.Universal backed “The Fall Guy” with a six-month marketing campaign, releasing trailers that racked up 400 million views and carpet-bombing televised sporting events, including the Super Bowl, with ads.It added up to only $28.5 million in North American ticket sales from Friday to Sunday, the worst start to Hollywood’s all-important summer season since 1995. “The Fall Guy” cost Universal at least $200 million to make and market and was released in 4,002 theaters in the United States and Canada.…

As gold surged this year to its highest price ever, Xena Lin joined the frenzy by making monthly purchases of gold “beans,” pebble-like morsels of the precious metal.For Ms. Lin, a 25-year-old administrative worker in southern China, the $80 beans — small enough to rest on a fingertip and weighing about one-thirtieth of an ounce — were an affordable way to buy into the gold excitement without splurging for jewelry, gold bars or coins. She had dabbled with investing in stocks in the past, but she said buying gold, especially in this fun way, inspired her to continue investing.“I’m still…