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Last Build Date: Tue, 17 Oct 2017 02:06:08 GMT

Copyright: Copyright 2017 The New York Times Company
 



Weinstein Company Agrees to a Rescue Investment From Colony Capital

Tue, 17 Oct 2017 01:12:56 GMT

Thomas J. Barrack Jr. is the founder and chief executive of Colony Capital.The company, reeling from scandals surrounding Harvey Weinstein, said it would begin negotiations on selling some or all of its assets to Colony Capital.


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The Free Meal, Long Gone, Returns on Some Airlines

Mon, 16 Oct 2017 21:36:08 GMT

A fruit and cheese plate offered in conjunction with Murray’s Cheese is one of the meal options on a Delta flight to Los Angeles.Complimentary food, along with Wi-Fi and free entertainment, is an indication of the airlines’ emergence from hard economic times.


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A Nafta Battleground on the Shores of Canada

Tue, 17 Oct 2017 00:32:58 GMT

Bilcon had planned to blast the basalt rock that lined this shore, then load 40,000 tons of rock onto a 625-foot long ship that would leave for the United States every week.A fight over a scuttled quarry project exemplifies a key dispute that has endangered a trade pact between the United States, Mexico and Canada.


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Executive Mentors Wanted. Only Millennials Need Apply.

Sun, 15 Oct 2017 23:49:38 GMT

Jim Jehle, 66, a senior project manager, meets with his mentor, Nicole Mancino, 27, the director of marketing, at Sachse Construction’s office in Detroit. The company paired 10 executives with junior workers.As businesses chase evanescent market trends, young workers are being pulled into programs to give advice to the top ranks of their companies.


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Newark Says, Hey Amazon, Look Over Here

Mon, 16 Oct 2017 21:49:09 GMT

Newark has much of what Amazon wants in a location for its second headquarters — good public transportation, a skilled work force and within a metro area of more than one million residents, city officials and developers said.With universities, an international airport and lots of space, the New Jersey city says it is the perfect location for the online retailer’s second headquarters.


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Mediator: As the World Tweets, Social Media Chiefs Remain Tight-Lipped

Mon, 16 Oct 2017 01:32:40 GMT

Mark Zuckerberg, the chief executive of Facebook, and his fellow mavens of social media regularly offer to be more “transparent.” But people are starting to see through that.We’re giving away a lot more information than we’re getting from Mark Zuckerberg and his friends.


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Buy a Sofa Online? Wayfair Is Counting on It

Sun, 15 Oct 2017 23:44:47 GMT

Sean Williams delivering a Wayfair sofa to a customer in Fair Haven, N.J. Delivery is free for purchases of $49 or more.The online company is betting that you won’t need to sit on the cushions before you buy — and that it can get the furniture through your door.


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Justices to Decide on Forcing Technology Firms to Provide Data Held Abroad

Mon, 16 Oct 2017 20:41:48 GMT

Servers at the Microsoft data center in Dublin. The technology company’s suit with the Justice Department stemmed from a drug investigation in which prosecutors wanted emails of a suspect that were stored on a server there.The Supreme Court will decide whether prosecutors can force Microsoft to turn over emails held on a server in Ireland, and in another case, whether American Express violated antitrust laws.


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#MeToo Floods Social Media With Stories of Harassment and Assault

Mon, 16 Oct 2017 15:45:01 GMT

The actress Alyssa Milano urged people to acknowledge on social media if they had experienced sexual harassment or assault.Many women, as well as men, are using the hashtag to show the prevalence of sexual misconduct in the wake of the Harvey Weinstein accusations.


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Amazon Turns on the Charm Amid Criticism From Right and Left

Sun, 15 Oct 2017 23:32:46 GMT

A job fair at the Amazon fulfillment center in Chattanooga, Tenn. In Washington, Amazon is sharing a message of job creation.After years of relying on a no-frills lobbying operation, Amazon is spreading its message far and wide in the nation’s capital.


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Baby Boomers to Advertisers: Don’t Forget About Us

Sun, 15 Oct 2017 20:16:22 GMT

An image from a T-Mobile commercial that mocks the way competitors market phones to baby boomers.Brands work very hard to connect with the millennial generation, but baby boomers are large in number and have money to spend.


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Boston Fed’s President Makes Case for Interest Rate Hikes

Mon, 16 Oct 2017 04:01:23 GMT

Eric Rosengren, perhaps the Federal Reserve official whose views most reliably approximate those of chairwoman Janet L. Yellen, said he expected the Fed to raise interest rates before the end of the year.Eric Rosengren argues that continuing to raise interest rates at a measured pace could prolong the economic expansion.


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Fed’s Janet Yellen Says the Economy Remains in Good Health

Sun, 15 Oct 2017 23:15:10 GMT

Janet Yellen, chairwoman of the Federal Reserve, in March.Janet L. Yellen, the Federal Reserve chairwoman, gave an upbeat assessment but said inflation was likely to rise as the domestic economy continued to grow.


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Wall St. Inches Up With Financials; Earnings in Focus

Mon, 16 Oct 2017 21:32:45 GMT

All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week's losses.



Bombardier Turns to Airbus to Salvage Imperiled Airliner

Tue, 17 Oct 2017 01:48:07 GMT

Alain Bellemare, center, the chief executive of Bombardier, discussing an agreement with Airbus to make and sell his company’s CSeries aircraft. “It brings certainty to the future of the program,” he said.Airbus made no financial commitment to the joint venture to make and sell Bombardier’s CSeries airliner, which could be assembled in the United States, avoiding import duties.


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Procter & Gamble’s Count Shows How Close Proxy Vote Was

Tue, 17 Oct 2017 01:56:27 GMT

David S. Taylor, chief executive of Procter & Gamble, which has been engaging in an expensive proxy fight with Trian Fund Management for months.The activist investor Nelson Peltz lost his bid for a board seat by a mere 0.2 percent of the shareholder vote, the company said.


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Harvey Weinstein’s Fall Opens the Floodgates in Hollywood

Tue, 17 Oct 2017 01:55:02 GMT

Hollywood associations like the Academy of Motion Picture Arts and Sciences and the Producers Guild of America have moved to strip Harvey Weinstein of his membership.With women in the entertainment industry leading the discussion, talk of sexual harassment floods social media.


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DealBook: How Valuable Is a Unicorn? Maybe Not as Much as It Claims to Be

Tue, 17 Oct 2017 00:41:03 GMT

The San Francisco headquarters of Airbnb, one of at least 135 private businesses that are valued at more than $1 billion.A new study by a pair of professors concludes that many so-called unicorn companies are worth half of what is commonly reported for their valuation.


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Netflix Says It Will Spend Up to $8 Billion on Content Next Year

Mon, 16 Oct 2017 23:48:46 GMT

Netflix will soon release the second season of “Stranger Things.” The streaming service plans to invest more in original programming.The company beat expectations by adding 5.3 million subscribers in the third quarter and said it would ramp up its spending on original content.


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Investigative Journalist in Malta Is Killed in Car Bombing

Tue, 17 Oct 2017 01:16:14 GMT

Forensic experts looked for evidence after a car explosion killed an investigative journalist, Daphne Caruana Galizia, in Bidnija, Malta, on Monday.Using the leaked Panama Papers, the journalist, Daphne Caruana Galizia, exposed Malta’s links to offshore tax havens.


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Patents for Restasis Are Invalidated, Opening Door to Generics

Tue, 17 Oct 2017 00:32:57 GMT

Four patents for the dry-eye treatment Restasis were invalidated by a federal judge on Monday. Allergan, the drug’s manufacturer, had sought to protect the patents by transferring them to a Native American tribe in New York State.The ruling, by a federal judge in Texas, is a setback for Allergan, which had transferred the patents to a Mohawk tribe in order to protect them.


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Nordstrom Suspends Effort to Go Private Until After the Holidays

Mon, 16 Oct 2017 20:54:31 GMT

Shoppers walking on an elevated walkway at Nordstrom’s flagship store in downtown Seattle. Nordstrom said it was temporarily halting efforts to take the company private.The family behind the high-end retail chain cited “difficulty of obtaining debt financing” in postponing its privatization plans.


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Breakingviews: A Chilly Winter Forecast for Nordstrom and Other Retailers

Mon, 16 Oct 2017 20:10:08 GMT

A Nordstrom store in Pittsburgh. Nordstrom family members have been unable to team up with a partner to take the company private.The inability of the Nordstrom family to team up with a potential buyer suggests even risk-tolerant investors are cool on the retail sector.


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Kimbal Musk Wants to Feed America, Silicon Valley-Style

Mon, 16 Oct 2017 17:46:57 GMT

Kimbal Musk at Crosstown Concourse in Memphis, where one of his Next Door restaurants opened in September.Trying to improve the nation’s diet, he’s hatching food projects the way his brother, Elon, launches rockets — and drawing some friendly fire.


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Small Endowments May Get to Invest in Bridgewater Associates

Mon, 16 Oct 2017 22:50:17 GMT

Ray Dalio, the founder of Bridgewater Associates, a hedge fund firm with $160 billion in assets.Bridgewater Associates is in discussions with an investment consultant to create a new investment fund for smaller endowments and foundations.


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You’ve Heard of Tennessee Whiskey? Meet New York State Rye

Mon, 16 Oct 2017 17:46:02 GMT

Christopher Williams in the tasting room at Coppersea Distilling in New Paltz, N.Y.Several craft distillers have banded together to create Empire Rye, an appellation they hope will help them break from the pack of new craft whiskeys.


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Are the Days of Low Oil Prices Receding?

Mon, 16 Oct 2017 20:16:26 GMT

Iraqi government forces gathered near oil fields in Kirkuk on Monday.The Kurdish vote for independence in Iraq is the latest geopolitical crisis to affect a market already weighing the impact of possible new sanctions on Iran.


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California Tells Pet Stores Their Dogs and Cats Must Be Rescues

Mon, 16 Oct 2017 11:49:51 GMT

A rescue puppy from a local shelter was displayed at a news conference about pet adoptions at the Capitol in Sacramento in April.Critics of a new law, which applies to dogs, cats and rabbits, say small stores and backyard breeders should not be punished for “puppy mills.”


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Uber’s C.E.O. and More at the DealBook Conference: DealBook Briefing

Mon, 16 Oct 2017 11:02:09 GMT

Dara Khosrowshahi will hold his first public interview since becoming chief of the ride-hailing giant, while other speakers include Laurene Powell Jobs.


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The New Health Care: How a Healthy Economy Can Shorten Life Spans

Mon, 16 Oct 2017 23:32:44 GMT

An oil refinery plant in Pasadena, Tex. As economies in industrialized nations boom, they produce more air pollution, shortening some lives.In general, prosperity brings better health. But economic booms are also associated with air pollution, stress and car accidents.


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In the Studio: Nike’s Chief of Design Doodles All Day

Mon, 16 Oct 2017 09:00:26 GMT

John Hoke, the chief design officer of Nike, holding a shoe that is meant to mimic the experience of running on grass.John Hoke invited us into his office in Portland, Ore., where he talked about his dyslexia, his doodling and some weird shoes that inspire him.


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Oil and Money: How Cheniere Energy Decided to Take a Gamble on Liquified Natural Gas

Mon, 16 Oct 2017 09:00:26 GMT

A Cheniere Energy facility in Corpus Christi, Tex. Each shipment in a 900-foot tanker contains enough liquefied natural gas, or L.N.G., to heat 45,000 homes for a year.The company opened a plant to export L.N.G. from the United States and will open a second in 2019 — for a combined price tag of $30 billion.


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Oil and Money: Boom in American Liquified Natural Gas Is Shaking Up the Energy World

Mon, 16 Oct 2017 09:00:26 GMT

Ships at Cheniere Energy’s Sabine Pass terminal being loaded with liquefied natural gas.The United States was supposed to be a L.N.G. importer, but plentiful shipments from Texas and Louisiana have changed the dynamic.


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The Week Ahead: Greek Leader to Meet With Trump, and 2 More Banks Report Earnings

Mon, 16 Oct 2017 00:57:22 GMT

Prime Minister Alexis Tsipras of Greece addressed lawmakers in Athens last week. His meeting with President Trump could give Europe and idea of the Trump administration’s position on Greece’s debt.Also in the coming week, China’s Communist Party congress is meeting, and reports on housing come out.


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Treasury Auctions Set for the Week of Oct. 16

Sun, 15 Oct 2017 21:26:57 GMT

The following tax-exempt fixed-income issues are scheduled for pricing this week.



A Bot That Makes Trump’s Tweets Presidential

Mon, 16 Oct 2017 23:00:00 GMT

The account @TrumpsAlert keeps track of the Twitter activities of President Trump, his wife, three of his children and his adviser Kellyanne Conway.Twitter bots are winning fans by formatting President Trump’s posts to look like official statements, or tracking the accounts he and his inner circle follow.


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Volkswagen Avoids Effort to Beef Up Oversight in German State Election

Sun, 15 Oct 2017 21:27:34 GMT

Chancellor Angela Merkel, and Volkswagen’s chairman, Matthias Müller, left, joined other auto industry officials and politicians at the Frankfurt auto show last month.Early returns show Social Democrats keeping power in Volkswagen’s stronghold. Challengers had sought a stronger hand after the emissions scandal.


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Young Audiences Flock to ‘Happy Death Day’

Sun, 15 Oct 2017 18:34:19 GMT

Jessica Rothe stars in “Happy Death Day,” the latest in a string of No. 1 horror hits for Blumhouse Productions.Continuing a horror boom at the box office, “Happy Death Day” arrived as the No. 1 movie in North America, with $26.5 million in ticket sales.


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Oil and Money: A Geologist Bets on a North Sea Gusher That May Never Come

Sun, 15 Oct 2017 10:00:15 GMT

Robert Trice, the head of Hurricane Energy, spent four months on a drilling rig west of Scotland’s Shetland Islands to gather geological information firsthand. Behind him, a supply-stabilizing gas flare.Robert Trice is pursuing his quixotic 12-year quest to prove that undiscovered troves of oil still lie in British waters, if you just know where to look.


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Oil and Money: The Challenges for the Energy Industry

Sun, 15 Oct 2017 10:00:13 GMT

The Times asked some of the participants of the 38th annual Oil & Money Conference to describe what the industry is facing.


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The New Washington: ‘The New Washington’: Breitbart in the White House

Sun, 15 Oct 2017 02:00:43 GMT

Charlie Spiering, Breitbart News’s senior White House correspondentIn this week’s episode, Charlie Spiering, a White House correspondent for Breitbart News, spoke to The Times about how he does his job, what he makes of the controversy surrounding his employer and more.


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G.M. and Union in Canada Reach Tentative Agreement to End Strike

Sat, 14 Oct 2017 23:17:05 GMT

A bumper sticker on the Chevrolet car of one of the striking Canadian workers at the General Motors plant in Ontario.Workers at the plant in Ontario that makes the Chevrolet Equinox S.U.V. are to vote on Monday. They protested the shift of some production to Mexico.


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Harvey Weinstein Ousted From Motion Picture Academy

Sat, 14 Oct 2017 23:02:21 GMT

Harvey Weinstein at the 2014 Oscars in Los Angeles.In an emergency session brought about by the recent public accusations, the board voted to remove the mogul whose studios won more than 80 Oscars.


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Trump Tweets Approval After Health Care Stocks ‘Plunged’

Sat, 14 Oct 2017 20:15:38 GMT

President Trump signed an executive order on health care at the White House on Thursday.President Trump cut off subsidies to cover insurance costs for low-income people, and some health care stocks fell. He cheered.


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La Guardia Airport Terminal Partially Evacuated After Bomb Threat

Sat, 14 Oct 2017 18:01:40 GMT

La Guardia Airport. A disgruntled customer claimed to have a bomb in his bag, causing hours of delays on Saturday.Police said a customer had argued with a Spirit Airlines employee, then claimed to have a bomb in his bag. An investigation caused hours of flight delays.


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Economic Trends: Why Surge Prices Make Us So Mad: What Springsteen, Home Depot and a Nobel Winner Know

Sun, 15 Oct 2017 22:30:59 GMT

People typically don’t like it when prices fluctuate with supply and demand, but there are ways companies can make it more palatable and fair.


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Australia Debates: Does a Warming Planet Really Need More Coal?

Sun, 15 Oct 2017 10:11:07 GMT

An enormous expansion at Abbot Point, Australia’s most northern deep water coal port, is planned as part of a controversial mining project.Backers of a giant mine promise thousands of jobs, but the plan has provoked one of the most fervent environmental campaigns in Australian history.


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