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The Incredible Shrinking Wallet

A once-essential leather good reshapes, reduces and will possibly soon be redundant.

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Family Behind Krispy Kreme Donates Millions to Holocaust Survivors

Grappling with their company’s history of Nazi support, the Reimanns, one of Germany’s richest families, have pledged 5 million euros to Holocaust survivors and 5 million more to forced laborers.

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Senate Confirms Stephen Hahn to Head F.D.A.

The Food and Drug Administration has been without a permanent commissioner since April, when Dr. Scott Gottlieb resigned.

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South Carolina Is the 10th State to Impose Medicaid Work Requirements

Courts have blocked other states from putting in place their work rules for recipients.

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Federal Watchdog Questions Billions of Dollars Paid to Private Medicare Plans

A new report from the inspector general’s office criticized insurers for overstating patients’ illnesses without adequate documentation to obtain more federal money.

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Bank Regulators Disagree on Changes to Rules for Poor Communities

Two regulators proposed an update to rules about how banks lend in poor areas. But the Federal Reserve doesn’t agree with the plan.

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Out Magazine Sheds Top Editor and Staff

Phillip Picardi and others were let go by the parent company of the venerable L.G.B.T.Q. magazine.

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U.K. Election Result Starts Clock on Brexit Talks With E.U.

Few expect the negotiations on the country’s future trade and security relationship with the bloc to be quick or easy.

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11 of Our Best Weekend Reads

The year in pictures. This is what racism sounds like in banking. Gretchen Carlson wants her voice back. In praise of public restrooms, and more.

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The Work Diary of ESPN’s Mina Kimes (and Her Dog, Lenny)

A pioneer in sports podcasting relies on spinach feta wraps from Starbucks, a Linus blanket and Busta Rhymes on repeat.

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Frail Older Patients Struggle After Even Minor Operations

These patients are not aware of the true risks, and surgeons aren’t telling them, new research suggests.

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Steve Burke, the Head of NBCUniversal, Plans to Step Down Next Year

After a decade at the helm, he is waiting for his contract to expire before heading to his Montana ranch, people at the company said.

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Tony Brooker, Pioneer of Computer Programming, Dies at 94

After meeting Alan Turing, Mr. Brooker went to work at the University of Manchester and wrote the programming language for the first commercial computer.

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To Prevent Deadly Infections, F.D.A. Approves the First Disposable ‘Scope’

Reusable duodenoscopes infected patients in a series of notorious outbreaks. Now there’s a disposable model to be used just once.

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Irish Whiskey, Olive Oil and Waffles Could Face Tariffs Up to 100 Percent

The import taxes are retaliation for excessive subsidies by the European Union to the aerospace giant Airbus.

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JPMorgan Chase C.E.O. Says It Needs to Do More to Tackle Racism

The comments came days after The New York Times published a report detailing allegations of racism at branches of JPMorgan in the Phoenix area.

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California Governor Rejects PG&E’s Restructuring Plan

Gov. Gavin Newsom’s opposition is the latest hurdle for the utility, which is seeking to resolve a complex bankruptcy and take part in a state wildfire fund.

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‘We Trusted You’: WeWork’s Chair on Adam Neumann and the Future

After a bailout by SoftBank, the shared office space company plans to sell customers more services and renegotiate leases with landlords.

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Vermont, Oklahoma and Now Topeka, Kan., Want You

Topeka, the state capital of Kansas, is the latest community to use money to lure out-of-towners.

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The World Wants More Danish TV Than Denmark Can Handle

The streaming boom has led to huge international demand for shows from this tiny country, but there aren’t enough professionals to produce them.

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