Microsoft to Lay Off 10,000 Workers as It Looks to Trim Costs

Microsoft on Wednesday became the latest addition to a growing list of big technology companies that have announced plans to lay off employees because of overhiring during the pandemic and…

Medicare Begins to Rein In Drug Costs for Older Americans

The third major change: When prices for drugs covered under Part D, and some under Part B, increase faster than the inflation rate, the law now requires drug manufacturers to…

Stranded by Southwest and Stuck With Unexpected Costs

Olivia Laskowski was in Nashville and expecting to fly home to New York on Dec. 27 when she received a text message from Southwest Airlines the night before that her…

Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Costs

Mr. Musk’s team has also deliberated the merits of not paying severance to the thousands of people who have left the company since he took over, when there were about…

As Elon Musk Cuts Costs at Twitter, Some Bills Are Going Unpaid

SAN FRANCISCO — Before Elon Musk bought Twitter last month, the company’s executives had racked up hundreds of thousands of dollars in travel invoices that the social media service planned…

Democrats’ Long-Sought Plan for Lowering Drug Costs Is at Hand

WASHINGTON — For decades, as prescription drug costs have soared, Democrats have battled with the pharmaceutical industry in pursuit of an elusive goal: legislation that could drive down prices by…

War, Climate Change, Energy Costs: How the Wheat Market Has Been Upended

The price of wheat has tumbled from its peak after Russia invaded Ukraine, but experts say one of the world’s most widely consumed foods remains in short supply and warn…

Hit Hard by High Energy Costs, Hawaii Looks to the Sun

Recognizing that reality, state officials in recent years have gone back to encouraging the use of small-scale energy systems. To manage the supply and demand of electricity, for example, Hawaii…

Economic Headwinds Mount as Leaders Weigh Costs of Confronting Russia

The interruption of wheat exports from Ukraine and Russia, which together account for 28 percent of global exports, along with supply chain disruptions, a severe drought in India that has…

Amazon Revenue Slows, and Costs Rise

In the face of a pandemic that appears to be receding and the highest levels of inflation in four decades, Amazon on Thursday posted its slowest quarterly growth in years…