Washington Post Business

Novo Nordisk buys manufacturing power as it seeks to ramp up Wegovy

Novo Nordisk buys manufacturing power as it seeks to ramp up Wegovy Novo Nordisk is acquiring three manufacturing sites from Catalent as it seeks to keep up with patient demand for weight-loss drug Wegovy.

Boeing finds new problem with 737 Max fuselages

Boeing finds new problem with 737 Max fuselages The planemaker plans to rework 50 jets after misdrilled holes were discovered during the production process.

House considers expanding state tax deduction for some families

House considers expanding state tax deduction for some families The cap on the state and local tax deduction — known as SALT — would rise from $10,000 to $20,000 this year for married couples earning up to $500,000.

The IRS has all our tax data. Why doesn’t its new website use it?

The IRS has all our tax data. Why doesn’t its new website use it? The agency’s Direct File program is touted as a free alternative to commercial tax software, but it’s a far cry from comparable offerings in other countries.

A learning kit misidentified civil rights leaders. Here’s who they were.

A learning kit misidentified civil rights leaders. Here’s who they were. Target stopped selling the “Civil Rights Magnetic Learning Activity” after a teacher on TikTok pointed out errors about Carter G. Woodson, W.E.B. Du Bois and Booker T. Washington.

A year after East Palestine derailment, rail industry blocks new safety rules

A year after East Palestine derailment, rail industry blocks new safety rules The nation’s largest rail operators have sought to weaken new regulations that might prevent chemical spills and other incidents

Companies’ hard-line stance on returning to the office is backfiring

Companies’ hard-line stance on returning to the office is backfiring Employers are losing patience with remote work, but they’re facing an uphill battle in getting workers back in person.

Your mental health and spending habits are linked. Ask the experts.

Your mental health and spending habits are linked. Ask the experts. Michelle Singletary and Traci Williams are answering your questions now on navigating your financial worries for better overall health.

Tesla recalls nearly all U.S. vehicles over font sizes on warning lights

Tesla recalls nearly all U.S. vehicles over font sizes on warning lights Federal regulators say certain warning lights are too small, increasing the risk of a crash. Tesla is issuing an over-the-air software update for more than 2 million vehicles.

‘Loud budgeting’ viral trend makes it chic to be cheap

‘Loud budgeting’ viral trend makes it chic to be cheap New name, old practice: Not being ashamed to say “no” to spending.

How a teen’s job violated child labor laws

How a teen’s job violated child labor laws Fast food companies fueled a surge in child labor violations in 2023, with thousands of teenagers illegally scheduled to work late and long hours. Among them was high school senior Sebastian Marek who got a job at a McDonald’s in Los Angeles to help his mom pay rent.

Labor market appears strong for workers despite recent job cuts

Labor market appears strong for workers despite recent job cuts Economists predict that the January jobs report, to be released Friday, will show the 37th consecutive month of job gains and a small uptick in the unemployment rate.

IMF head expects Fed to cut rates in ‘months’ but not ‘many months’

IMF head expects Fed to cut rates in ‘months’ but not ‘many months’ The rest of the world needs the U.S. central bank to hit the Goldilocks zone with interest rate cuts — not too early, but not too late.

Calculate how much you would get from the expanded child tax credit

Calculate how much you would get from the expanded child tax credit An expanded child tax credit would significantly increase the child tax credit for lower-income families with multiple children.

Work Advice: Why won’t these organizations respond to emails?

Work Advice: Why won’t these organizations respond to emails? Ideally, common courtesy would drive organizations to respond to your emails — but in truth, it’s all about consequences.

The child tax credit may expand. Here’s what it means for you.

The child tax credit may expand. Here’s what it means for you. The House approved bipartisan legislation to expand the credit Wednesday, but Senate passage isn’t assured.

Fed leaves rates unchanged and points to upcoming cuts

Fed leaves rates unchanged and points to upcoming cuts So far, officials have signaled three rate cuts this year.

House set to vote to expand child tax credit, beef up corporate tax breaks

House set to vote to expand child tax credit, beef up corporate tax breaks Efforts to advance the bill are part of a rush to get it to President Biden’s desk before tax filing season ends in April.

Novo Nordisk profit surges as it boosts supplies of Wegovy

Novo Nordisk profit surges as it boosts supplies of Wegovy Novo Nordisk booked its highest annual profit in decades as the drugmaker said it is increasing access to weight-loss drug Wegovy in the United States.

No more Taylor Swift on TikTok? Universal pulls music amid contract dispute

No more Taylor Swift on TikTok? Universal pulls music amid contract dispute Universal Music Group accused TikTok of paying artists unfairly and said it would pull music from the platform. It represents Adele, Coldplay, Drake and others.

Fear of missing out can keep you broke. Fight the spending temptation.

Fear of missing out can keep you broke. Fight the spending temptation. If your goal is to become debt-free — or close to it — in 2024 or save more, one of the first things you may have to tackle is FOMO. Here’s how.

Japanese bid for U.S. Steel challenges Biden’s approach to global economy

Japanese bid for U.S. Steel challenges Biden’s approach to global economy The prospect of a Japanese corporation buying US Steel – whose products shaped American landmarks like the Empire State Building – is stirring an election-year debate over just how far the United States should go in embracing economic nationalism.

Alaska 737 Max blowout raises new questions on FAA’s oversight of Boeing

Alaska 737 Max blowout raises new questions on FAA’s oversight of Boeing The agency signed off on the safety of the Alaska Airlines jet that lost a part of the wall mid-flight this month.

UPS to cut 12,000 jobs, citing softer demand and higher labor costs

UPS to cut 12,000 jobs, citing softer demand and higher labor costs The shipping giant is cutting more than 2 percent of its workforce after reporting a decline in fourth-quarter revenue.

IMF says global economy will escape a hard landing but underperform

IMF says global economy will escape a hard landing but underperform Global output in 2024 is expected to rise by 3.1 percent for the second straight year, but it remains well below the 20-year average of 3.8 percent annual growth.

As Fed eyes interest rate cuts, the big question is: When?

As Fed eyes interest rate cuts, the big question is: When? Policymakers have teed up multiple cuts this year but have given no precise timeline. That could change this week.

Musk’s Neuralink implants brain chip in its first human subject

Musk’s Neuralink implants brain chip in its first human subject The device’s aim is to allow patients to control devices like phones or computers with their thoughts. Clinical trials are open to some individuals with quadriplegia.

Toyota recalls thousands of cars with air bag defects, reveals testing issues

Toyota recalls thousands of cars with air bag defects, reveals testing issues It flagged air bag defects in 2003-2004 Corolla, Corolla Matrix and 2004-2005 RAV4 vehicles. It will also halt shipment of other models due to testing problems.

Philips halts U.S. sales of CPAP breathing machines after recall

Philips halts U.S. sales of CPAP breathing machines after recall The sales halt is linked to a settlement with the Food and Drug Administration and news reports showing problems with the devices.

X blocks Taylor Swift searches after fake explicit images spread

X blocks Taylor Swift searches after fake explicit images spread The superstar’s fans were spurred into action last week after the images, likely generated by AI, began proliferating online.