Business

Alabama IVF Ruling: What to Know About the Costs of Moving Embryos

Alabama IVF Ruling: What to Know About the Costs of Moving Embryos

Associated media - Linked media “There’s a lot that goes into moving these safely and properly,” said Angeline Beltsos, chief executive physician at Kindbody, which has 35 clinics across the country and provides fertility benefit coverage for employers, including Walmart. Will my health insurance cover the cost to move my embryos if I can no longer get I.V.F. in my home state? Maybe. Some coverage could be broad enough to pay for the transport of embryos. “It is likely that employees working for large employers have some kind of coverage,” said Elizabeth Mitchell, the chief executive officer of Purchaser Business…
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Apple Kills Its Electric Car Project

Apple Kills Its Electric Car Project

Linked media - Associated media Though Apple had not unveiled its car to consumers, the product had for many years been one of Silicon Valley’s worst-kept secrets because it was being tested on public roads. The cancellation is a rare move by Apple, which typically doesn’t shelve such public and high-profile projects. The company has struggled in recent years to find new avenues for growth as its all-important iPhone has saturated the market and people are upgrading their phones less frequently than they used to. Tim Cook, Apple’s chief executive, has publicly hinted that Apple was interested in entering the…
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The Apple Car is Dead, But the Innovation Behind It Lives on

The Apple Car is Dead, But the Innovation Behind It Lives on

Associated media - Associated media Innovation on wheels Has Apple really crashed the car? The tech giant has killed its electric vehicle project as it pivots to artificial intelligence, prompting many observers to declare the venture a major failure for the company. Here’s a contrarian thought: That critique misses a wider point about how Apple innovates, because the company has used the project to power a whole ecosystem of products and services that have been unmitigated successes. Apple invested billions to build a self-driving car. Reports emerged about the secret effort, code-named Project Titan, in 2014, and the company has…
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Frank Popoff, Who Sought to Lead a Friendlier Dow Chemical, Dies at 88

Frank Popoff, Who Sought to Lead a Friendlier Dow Chemical, Dies at 88

Frank Popoff, a chief executive and chairman who tried to make Dow Chemical more conciliatory toward regulators and environmentalists in the late 1980s and ’90s, and who prodded the chemical industry to adopt safer practices, died on Feb. 25 at his home in Midland, Mich., where Dow is based. He was 88.A spokesman for the company said the cause was cancer.When the Bulgarian-born Mr. Popoff was named Dow’s president and chief executive in 1987, the company had begun trying to shed its image as a pugnacious chemical giant that had manufactured napalm and the defoliant Agent Orange for the U.S.…
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How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

I have covered economics for 11 years now, and in that time, I have come to the realization that I am a statistic. Every time I make a major life choice, I promptly watch it become the thing that everyone is doing that year.I started college in 2009, in the era of all-time-high matriculation rates. When I moved to a big coastal city after graduation, so did a huge crowd of people: It was the age of millennial urbanization. When I lived in a walk-in closet so that I could pay off my student loans (“The yellow paint makes it…
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The Big Questions Raised by Elon Musk’s Lawsuit Against OpenAI

The Big Questions Raised by Elon Musk’s Lawsuit Against OpenAI

The F.T.C. sued to block the biggest supermarket merger in U.S. history. The regulator moved to block Kroger’s $25 billion bid for Albertsons, warning that the deal would raise prices and damage union workers’ bargaining power. Insider trading from home The husband of a former BP merger and acquisitions manager who pleaded guilty this month to eavesdropping on her phone calls and then using what he had learned to illegally earn $1.76 million isn’t alone in exploiting remote work to obtain confidential information. There’s also, for example, the chief compliance officer (yes, the chief compliance officer!) who is accused of…
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