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NYT > Business Day

Last Build Date: Fri, 24 Feb 2017 17:05:28 GMT

Copyright: Copyright 2017 The New York Times Company

Snapchat Founders’ Grip Tightened After a Spat With an Early Investor

Fri, 24 Feb 2017 02:18:06 GMT

Jeremy Liew of Lightspeed Venture Partners. The terms he attached to an early investment in Snap led the company’s founders to seek overwhelming voting control of their creation.A big question about the I.P.O. of Snap is why its creators retain such outsize voting control. The answer lies in their history with a venture capital firm.

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Sure the Media Is Biased. But the Enemy? Not Quite.

Fri, 24 Feb 2017 10:00:25 GMT

“I think that was a bit much,” Mark Huizingh of Grand Rapids, Mich., said of President Trump’s characterization of the news media as “the enemy of the American people.”Many Americans believe the news media is flawed and often unfair to President Trump, but they won’t go so far as to label the press an “enemy.”

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Your Money: Republicans Want You in a Health Savings Account. So Now What?

Fri, 24 Feb 2017 11:00:16 GMT

Major proposals to replace the Affordable Care Act promote health savings accounts, which do offer tax savings but are complex and favor the wealthy.

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Your Money Adviser: Health Savings Accounts: Don’t Leave Money on the Table

Wed, 22 Feb 2017 17:35:12 GMT

There’s a simple tax-free way to amass money for health expenses, but many eligible people don’t take advantage of it.

Dow on Track to Break Its 10-Day Record Run

Fri, 24 Feb 2017 16:33:34 GMT

The Dow Jones Industrial Average was on track to break its 10-day record-setting streak on Friday, as investors reassessed the "Trump rally" after recent comments suggested that pro-growth policies might take longer to be implemented.

Google Self-Driving Car Unit Accuses Uber of Using Stolen Technology

Fri, 24 Feb 2017 01:48:15 GMT

An Uber vehicle mapping the streets and topography of Pittsburgh last year in preparation for the use of driverless cars.A lawsuit says an employee took thousands of secret files on self-driving car design when he left Google to start his own company, later sold to Uber.

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Fewer Niceties, Similar Price: Airlines Turn to ‘Basic Economy’ Fares

Fri, 24 Feb 2017 01:27:02 GMT

Travelers who opt for new basic economy fares will definitely be getting fewer amenities, but may be paying the same price.The new basic economy class seats are expected to be in many cases the same price as the existing standard economy fare.

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Counting on the Trendy to Revive Kava, a Traditional Drink

Thu, 23 Feb 2017 22:50:05 GMT

The owner of a kava farm at work in Taveuni, Fiji. The country’s kava harvests have been inconsistent for years because of outdated farming.Pacific Island governments and others are working to modernize cultivation of kava, hoping that the drink’s popularity can be sustained.

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Why Being Donald Trump Jr., the Businessman, Won’t Be Easy

Thu, 23 Feb 2017 22:24:34 GMT

From left to right: Jeremy Blackburn, Donald Trump Jr., Jung Yun and Camilo Benedetti.A photo of the president's son and three others at the Trump SoHo hotel in 2010 provides a peek at some of his past associates, how they interacted with him and what they are doing today.

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China Names Guo Shuqing, a Rapid-Fire Regulator, to Oversee Troubled Banks

Fri, 24 Feb 2017 08:14:35 GMT

Guo Shuqing in Beijing in 2015. He has been named chairman of the China Banking Regulatory Commission.The appointment of the respected official could signal Beijing’s desire to address deep financial problems holding back the Chinese economy.

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Jury Rejects U.S. Seizure of Luxury Cars From Exporters

Thu, 23 Feb 2017 19:11:55 GMT

A jury has ordered the federal government to return luxury cars, including BMWs, Mercedes-Benzes and Land Rovers, that it seized from a small Tennessee company in 2013.The ruling is something of a conclusion to a crackdown on companies that used middlemen to buy cars from American dealers and sell them for big profits in China.

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Google Cousin Develops Technology to Flag Toxic Online Comments

Thu, 23 Feb 2017 12:00:01 GMT

Jared Cohen, president of Jigsaw, formerly known as Google Ideas, in 2015. Jigsaw said it had developed a tool for web publishers to identify comments that can undermine a civil exchange of ideas.Researchers at the incubator Jigsaw think machine learning can help publishers filter out readers’ offensive posts to keep the discourse civil.

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Banking Industry Addresses Diversity, Adding Women to Boards

Thu, 23 Feb 2017 16:10:19 GMT

Women made up 26 percent of the directors in the banking industry last year, tied with the retail industry and better than the average in Standard & Poor’s 500-stock index.

Repeal of Health Law Faces Obstacles in House, Not Just in Senate

Thu, 23 Feb 2017 10:00:27 GMT

Protesters before a town hall meeting with Representative Leonard Lance of New Jersey in Branchburg, N.J., on Wednesday.Conservative Republicans are pushing for a fast repeal with only a bare-bones replacement plan, but moderates are interested in coming up with a clear and robust plan.

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Former I.M.F. Leader Sentenced for Embezzlement

Thu, 23 Feb 2017 18:53:50 GMT

Rodrigo Rato is the most prominent person to have been convicted since the bailout of the Spanish bank Bankia in 2012.Rodrigo Rato was sentenced to four and a half years in jail for misusing the funds of Bankia, a Spanish bank that was eventually bailed out.

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Inside Uber’s Aggressive, Unrestrained Workplace Culture

Thu, 23 Feb 2017 00:31:07 GMT

Uber offices in Berlin last year. Some current and former Uber employees describe a largely unrestrained workplace culture.A former employee’s blog post has raised questions about the limits of meritocracy at Uber and how much executives knew about the treatment of employees.

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SolarCity’s Ties to Foreclosure Cases Raise Questions on Vetting Policies

Wed, 22 Feb 2017 21:18:11 GMT

The installation of solar panels on a house in San Leandro, Calif. Once SolarCity customers sign up to lease a system, they will make payments to the company month after month for at least 20 years.The company, owned by Tesla, relies on monthly payments from solar panel customers. But foreclosures can halt those payments, and SolarCity relies on only one credit check to vet customers.

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Economic Trends: The Big Question for the U.S. Economy: How Much Room Is There to Grow?

Fri, 24 Feb 2017 10:00:06 GMT

The financial district in downtown Manhattan has been thriving. Buildings like Brookfield place have filled vacant office space, and starting salaries have risen.The nation is close to what economists believe is full productive capacity. The Trump administration’s ambitious growth targets depend on how much slack remains.

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Corner Office: Dan Ruch on How Accountability Means Being Responsive

Fri, 24 Feb 2017 12:00:22 GMT

The chief executive of Rocketrip says being responsive — and that includes always answering emails — is a key part of his company’s culture.

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Economic View: Economists Have Been Demoted in Washington. That’s a Bad Idea.

Fri, 24 Feb 2017 15:52:54 GMT

The chairman of the Council of Economic Advisers has been dropped from the new administration’s cabinet, depriving it of the council’s academic expertise.

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Common Sense: Cadillac Ad Tries to Bridge Nation’s Chasm, Without Falling In

Fri, 24 Feb 2017 14:47:03 GMT

A Cadillac CT6 being prepared for the opening of the Chicago Auto Show in early February. Cadillacs have been used by every president since Woodrow Wilson.On the Oscars broadcast, the message will be working together to overcome challenges. But these days, can even invoking unity be a risk for a brand?

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Wealth Matters: Those Fancy Oscar Gems? You Bet They’re Insured.

Fri, 24 Feb 2017 15:07:15 GMT

Christy Scott Cashman, an actress and producer, with some of her jewelry at her home in Boston. Mrs. Cashman, who has borrowed jewelry to wear at events, said that when she travels with her own jewelry, she takes pains to protect it.Jewelry policies can be costly, but the alternative can be worse.

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The Future of Work: Learning to Love Our Robot Co-Workers

Thu, 23 Feb 2017 10:00:02 GMT

The most important frontier for robots is not the work they take from humans but the work they do with humans — which requires learning on both sides.

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The Future of Work: The Future of Not Working

Thu, 23 Feb 2017 10:00:02 GMT

A family homestead in the pilot-project village in Kenya.As automation reduces the need for human labor, some Silicon Valley executives think a universal income will be the answer — and the beta test is happening in Kenya.

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Silicon Valley Tried to Upend Banks. Now It Works With Them.

Wed, 22 Feb 2017 20:35:00 GMT

Brett King once hoped his company, Moven, would become “the Facebook of banking.” Today, he is selling his software to the banks he once scorned.Financial start-ups hoping to become the Facebook of banking have had to work with the financial industry instead of displacing it.

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From Trump the Nationalist, a Trail of Global Trademarks

Thu, 23 Feb 2017 22:51:29 GMT

The Trump Tower in Mumbai, India, far right, which was under construction last November. President Trump also has a trademark in India in a category that covers laundry detergent, perfume and soaps.A review of foreign trademarks registered to President Trump’s companies gives clues to a globe-spanning strategy and potential conflicts of interest.

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Your Money Adviser: Little Credit History? Lenders Are Taking a New Look at You

Fri, 24 Feb 2017 17:04:07 GMT

New credit scoring models, using data like rent and cellphone payments, are coming into vogue as lenders seek to bring in more borrowers.

Scene Stealers: And Now, Here’s Your Right-Wing Podcast Host: Chuck Woolery!

Thu, 23 Feb 2017 17:32:02 GMT

Chuck Woolery, famous during the 1980s for hosting game shows like “Wheel of Fortune,” “Scrabble” and “Love Connection,” has since 2014 been hosting the podcast “Blunt Force Truth” with a friend, Mark Young.Maybe if Mr. Woolery’s former showbiz colleagues had tuned in between binges on NPR and CNN, they wouldn’t have been so shocked by the outcome of the election.

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Tech Tip: Automatic Update Headaches

Fri, 24 Feb 2017 16:54:02 GMT

System software updates — and upgrade problems — are not a Windows-only issue. Apple upgrades have caused disruptions for Mac users.

Wheels: Self-Driving Cars Might Need Standards, but Whose?

Thu, 23 Feb 2017 16:49:41 GMT

A more standardized approach to self-driving cars could reduce the amount of processors and wiring needed.Some say autonomous vehicles should have common technology before they hit the road, but there is also a strong case for independent approaches.

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Alan Colmes, Sean Hannity’s Liberal Partner on Fox News, Dies at 66

Fri, 24 Feb 2017 00:23:55 GMT

Alan Colmes conducting an interview in 2004 after a presidential debate at Washington University in St. Louis.Mr. Colmes and Mr. Hannity sparred for 12 years in Fox News Channel’s most tangible effort to fulfill its “fair and balanced” credo.

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Op-Ed Contributor: What Facebook Owes to Journalism

Wed, 22 Feb 2017 03:28:33 GMT

Mark Zuckerberg says he wants to help the news media. Here’s what he needs to do.

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