Top stories from The New York Times business pages
Meta (META.O) on Wednesday reached a landmark settlement with 47 states, the District of Columbia and U.S. territories, agreeing to pay up to $17.1 billion in penalties and make major changes to its products over claims it endangered children with addictive social media platforms.
The U.S. Food and Drug Administration approved on Wednesday a new drug for advanced pancreatic cancer, after a large clinical trial where patients who got the pill, daraxonrasib, lived twice as long as those who got chemotherapy.
The U.S. Small Business Administration is seeking to vastly expand the definition of small businesses aiming to give much larger companies access to government contracts, loans and other assistance.
U.S. Federal Reserve Governor Lisa Cook on Wednesday fought back against President Donald Trump's attempt to dismiss her from the central bank over unproven allegations of mortgage fraud, stressing that she had committed no crime, nor had been charged with one.