Last Build Date: Thu, 08 Dec 2016 16:08:44 GMTCopyright: Copyright 2016 The New York Times Company
Thu, 08 Dec 2016 03:25:34 GMTA currency exchange board in Istanbul on Nov. 24. The lira fell so low against the dollar last week that President Recep Tayyip Erdogan of Turkey urged Turks to sell the dollars that they have been hoarding and buy their local currency.Countries that have been binging on cheap dollar debt for more than a decade now face a spike in debt servicing costs and elevated debt burdens.
Thu, 08 Dec 2016 00:03:16 GMTDonald J. Trump, the president-elect, spoke last Thursday with local officials and company representatives at a Carrier plant in Indianapolis.Initially aiming to pressure companies like Ford and Carrier to keep factory jobs at home instead of moving them to Mexico, Mr. Trump has increased the stakes.
Thu, 08 Dec 2016 01:16:52 GMTPresident-elect Donald Trump at Trump Tower on Tuesday.The president-elect is said to be considering turning over his company to his two adult sons, but planning to resist calls to divest.
Thu, 08 Dec 2016 14:18:43 GMTSatya Nadella, chief of Microsoft, at a shareholders meeting in Bellevue, Wash., last month. He has made a series of smaller deals that have shown positive results.The technology giant has not had a great track record with the companies it acquires. The hope is that it has learned from its mistakes.
Thu, 08 Dec 2016 04:00:01 GMTThe European Central Bank said it would continue buying government bonds and other assets at least through December 2017, nine months longer than previously announced.
Thu, 08 Dec 2016 08:33:52 GMTA Qiaodan shoe in a store in Beijing. The former basketball star Michael Jordan sued the Qiaodan Sports Company, which he has accused of using the Mandarin transliteration of his name on its goods.The lawsuit that Mr. Jordan brought, against a company he accused of using his name, could set a precedent for foreign companies pursuing similar cases in China.
Thu, 08 Dec 2016 05:01:03 GMTThe assembly line at the Toyota plant in Burnaston, England. Toyota buys parts and hires workers from across the European Union.After becoming an efficient industry with deep links to the Continent, it must grapple with the impact of the country’s vote to leave the European Union.
Thu, 08 Dec 2016 00:51:35 GMTSteve Novick, a city commissioner in Portland, Ore., proposed imposing a tax on companies whose chief executives are paid more than 100 times the median pay of lower-level workers.Oregon’s largest city will charge companies whose chief executives make over 100 times the median pay of the company’s rank-and-file workers.
Wed, 07 Dec 2016 18:11:42 GMTAn AT&T store in Manhattan. The telecom giant and Time Warner have proposed an $85.4 billion merger.The telecom giant and media behemoth defended their proposed $85.4 billion merger in a Senate hearing.
Thu, 08 Dec 2016 12:13:08 GMTVolkswagen cars inside a delivery tower in Wolfsburg, Germany, in April.The move against Britain, Germany, Luxembourg and Spain is an apparent attempt by the bloc to catch up after facing criticism for a lax response to a yearlong scandal.
Thu, 08 Dec 2016 14:55:51 GMTA refinery south of Tehran. Iran has looked abroad for the expertise and capital it needs to expand oil production.Worried about the American president-elect’s rhetoric, Tehran has signed a wave of agreements since Nov. 8 with European and Asian energy companies.
Wed, 07 Dec 2016 14:01:02 GMTKen Lin, chief executive of Credit Karma, which has been adding more financial features for customers, including free state and federal tax filings.Companies are vying to create automated financial assistants that employ artificial intelligence; one was directly inspired by science fiction.
Thu, 08 Dec 2016 00:06:42 GMTThe New Mexico attorney general is suing a businessman for deceptive seller-financed home sales in Albuquerque.Officials said he misrepresented the condition of poorly maintained homes sold to Spanish-speaking families, and sometimes sold houses he didn’t own.
Wed, 07 Dec 2016 19:44:07 GMTMatthew Mayer, 24, showed a tattoo depicting a gun-toting Statue of Liberty at a campaign office for Donald J. Trump in Mechanicsburg, Pa., on Nov. 2. President-elect Trump has pledged to expand protections for gun owners.Offering free legal services to the gun control groups, law firms say they are hoping to match the resources, coordination and power of the gun lobby.
Wed, 07 Dec 2016 23:00:28 GMTScott Pruitt, the Oklahoma attorney general, at Trump Tower in Manhattan on Wednesday.Mr. Pruitt, the Oklahoma attorney general, has been a key architect of the legal battle against President Obama’s climate change policies.
Thu, 08 Dec 2016 15:03:28 GMTWall Street's post-election rally showed no signs of fatigue as the three major indexes hit all-time highs on Thursday.
Wed, 07 Dec 2016 15:37:16 GMTLaura Spanjian, a public policy manager at Airbnb who negotiated with New Orleans.Agreements between Airbnb and the city reflect a move by the company to be more conciliatory with local governments, especially after tough regulatory battles globally.
Wed, 07 Dec 2016 13:30:15 GMTDonations to nonprofit journalism groups like the Marshall Project have been increasing. The organization’s editor in chief, Bill Keller, left, and Neil Barsky, the founder and chairman, in the Marshall Project offices.Whether the blossoming fund-raising is because of the election of Donald J. Trump or other factors, watchdog news groups are gaining new public support.
Thu, 08 Dec 2016 00:29:17 GMTThe Tata Steel plant at Port Talbot in South Wales. The unions have made significant concessions to the company.If the deal is approved, Tata Steel’s plant will remain in South Wales — a relief to an already shaken economy.
Thu, 08 Dec 2016 00:22:29 GMTDefying doubt about marketability, the government said it would sell 19.5 percent of the state oil group to the commodity trading firm Glencore and a Qatari fund.
Wed, 07 Dec 2016 16:27:17 GMTDoughmore Bay, seen from a Trump Organization golf club near Doonbeg, Ireland.The president-elect’s real estate organization has abandoned plans to build a long barrier off the west coast of Ireland to protect its golf course there.
Thu, 08 Dec 2016 05:00:28 GMTChina's imports grew at the fastest pace in more than two years in November, fuelled by its strong thirst for commodities from coal to iron ore, while exports also unexpectedly rose, reflecting a pick-up in both domestic and global demand.
Thu, 08 Dec 2016 02:24:30 GMTJapan's economy grew much slower than initially estimated in the third quarter, revised data showed, as capital expenditure dried up and companies ran down inventories - renewing concerns about Japan's growth prospects.
Wed, 07 Dec 2016 15:19:02 GMTRemember gadgets? They were wonderful, and now they’re no more.
Wed, 07 Dec 2016 17:17:08 GMTMoxie Marlinspike, who founded Open Whisper Systems, the nonprofit that developed the messaging app Signal.Signal, an encrypted chat service, is a must in an era when companies collect ever more information about users and government surveillance may expand.
Wed, 07 Dec 2016 09:41:00 GMTDid you know today’s global shipping industry was revolutionized by one young trucker’s idea in the 1930s? In this first installment of The Art of Better series, Charles Duhigg uses the story of Malcom McLean to show how an outsider can be an innovator.
Thu, 08 Dec 2016 11:54:36 GMTMike Isaac, a New York Times technology reporter, joins to talk about Facebook’s decision to comply with Chinese censorship regulations.
Thu, 08 Dec 2016 00:34:42 GMTDelaware courts have been tough to convince on material adverse change clauses, but this is one deal where the buyer might very well prevail.
Wed, 07 Dec 2016 20:43:59 GMTLawyers outside the Supreme Court after opening arguments in Salam v. United States in October.Justices reaffirmed a broad approach to proving insider trading on tips, in contrast with a ruling by New York’s circuit court.
Wed, 07 Dec 2016 19:43:49 GMTSome employers still impose a New Year’s deadline for exhausting the balance of a flexible health spending account or forfeiting what’s left.
Wed, 07 Dec 2016 12:00:25 GMTDemonstrating outside the Supreme Court in March 2015 during arguments in King v. Burwell. The protesters held signs with estimates of the numbers who could lose health insurance in each state if the verdict went against the Affordable Care Act.Republicans may try to “repeal and delay” Obamacare. But controlling the timing of the program’s demise could be tricky.
Wed, 07 Dec 2016 22:46:19 GMTEdgar M. Welch surrendered to the police in Washington on Sunday.A soft-spoken Edgar M. Welch described from jail his thoughts leading up to his decision to fire a military-style assault rifle inside the pizzeria.
Wed, 07 Dec 2016 16:28:06 GMTPresident-elect Donald J. Trump and Robert L. Johnson, the founder of the television network BET, in Bedminster, N.J., last month.Mr. Trump’s approach to filling his cabinet is much like the way he runs his business, according to those who have interviewed to be in his administration.
Thu, 08 Dec 2016 13:23:57 GMTA view from 10 Hudson Yards. The Hudson Yards project is being built on platforms over rail yards on the Far West Side of Manhattan.The financial giant agreed to relocate to the Far West Side from Midtown Manhattan; it pledged to create 700 jobs and will receive state tax credits.
Wed, 07 Dec 2016 15:49:00 GMTThe Camilo Cienfuegos train station in Cuba, where Hershey signs still hang in a nod to a bygone era, when the town produced sugar for Milton S. Hershey, the American chocolate baron.A sugar-refinery village founded a century ago by the American chocolate baron has since lost much of its luster. But local pride lingers.
Wed, 07 Dec 2016 13:23:02 GMTBana al-Abed, 7, has more than 220,000 followers on Twitter, where she chronicles the deprivations of a child in war-torn Syria. But she has also raised questions of authenticity.
Tue, 29 Nov 2016 19:35:15 GMTMarian Bagnulo, 4, observes as volunteers prepare the Greenlight Bookstore’s new location in Prospect Lefferts Garden.This may be the ultimate book nerd’s fantasy, but it’s also hard work. We talked to some Brooklyn experts.
Wed, 07 Dec 2016 18:26:27 GMTThe Amazon app is a helpful tool while perusing the offerings in stores.Gift-buying season has arrived, and there are plenty of apps to help make you a smarter shopper.
Wed, 07 Dec 2016 13:51:23 GMTWorkers on the Centenario deepwater drilling platform in the Gulf of Mexico in 2013.Opening its waters to oil-and-gas companies is a disaster waiting to happen.
Sun, 04 Dec 2016 13:52:28 GMTYoung orphaned orangutans on a climbing expedition with their keeper at International Animal Rescue’s orangutan school in West Kalimantan, Indonesia.Global lenders, sometimes flouting their own policies, have financed projects in Indonesia and elsewhere that destroy ecosystems and contribute to climate change.
Sat, 03 Dec 2016 16:21:47 GMTMichael Lewis, author of the best seller “Moneyball,” chronicles an unusual partnership of ideas in his forthcoming book, “The Undoing Project.”The best-selling author studied the work of two psychologists and chronicled their unusual partnership of ideas in the book “The Undoing Project.”
Fri, 02 Dec 2016 20:31:26 GMTThe headquarters of Fannie Mae in Washington. Fannie Mae and Freddie Mac have been under federal government control for more than eight years.By suggesting that the companies would be freed from government control, Steven Mnuchin backed an approach that would benefit small lenders and borrowers.