More business headlines
General Electric picks smaller digs for its new headquarters
The once-grand conglomerate says it will move into one floor of an office tower near South Station.
Airline safety system that failed must wait to 2030 for fix
US aviation authorities are years behind on updating the critical-alert system that failed spectacularly last month, causing thousands of flight disruptions. Critics say the delay is a threat to passenger safety.
America’s trade deficit surged in 2022, nearing $1 trillion
The data showed evidence of the US economy’s continuing recovery from the pandemic, which had held down spending on services such as travel and entertainment and pushed up purchases of imported goods.
Fed’s Powell: Strong hiring could force further rate hikes
The slowdown in inflation has raised hopes in financial markets that the Fed might be able to achieve its goal without having to raise borrowing rates so high as to cause a steep recession.
The people onscreen are fake. The disinformation is real.
'Deepfake' software can create characters out of whole cloth, blurring the line between fact and fiction to an extraordinary degree.
innovation beat
Do ‘Black-owned’ business labels work? Harvard study says yes.
A new study that focused on Yelp’s decision to introduce a “Black-owned” business label found that the feature led to a 30 percent increase in sales for those businesses.
Zoom Video to cut 1,300 jobs, or 15 percent of global workforce
After gaining millions of users at the height of the pandemic, Zoom is now trying to reverse slowing growth by expanding its tools for business.
At AMC theaters, tickets will cost more for good seats
The nation's largest movie theater chain on Monday unveiled a new pricing scheme in which seat location determines how much your movie ticket costs.