Last Build Date: Fri, 30 Sep 2016 14:52:27 GMTCopyright: Copyright 2016 The New York Times Company
Thu, 29 Sep 2016 23:55:51 GMTA health insurance fair last November in California, on the first day of open enrollment for the Affordable Care Act.Federal auditors ruled that the Obama administration had violated the law by paying insurers more than allowed under the Affordable Care Act in an effort to hold down insurance premiums.
Wed, 28 Sep 2016 22:49:57 GMTPreparations for Desert Trip in Indio, Calif., where the Coachella festival is also held.Desert Trip will feature the likes of Bob Dylan, the Rolling Stones and Neil Young, tickets top out at $1,600 and it may never be staged again.
Fri, 30 Sep 2016 14:06:23 GMTBank stocks were also doing well a day after slumping over new worries about Deutsche Bank, Germany’s biggest lender.
Fri, 30 Sep 2016 10:49:54 GMT“Rumors are causing significant swings in our stock price,” John Cryan, the chief executive of Deutsche Bank, said on Friday. “It is our task now to prevent distorted perception from further interrupting our daily business.”John Cryan said that the company had “strong fundamentals” and was subject to “speculation” in the market.
Thu, 29 Sep 2016 23:08:24 GMTJohn Stumpf, chief executive of Wells Fargo, testified before the House Financial Services Committee on Thursday regarding the bank’s unauthorized customer accounts.John Stumpf, the bank’s leader, told lawmakers the sham accounts were an ethical lapse limited to the 5,300 low-level employees, who were fired.
Fri, 30 Sep 2016 00:19:09 GMTGov. Chris Christie of New Jersey and Gov. Andrew M. Cuomo of New York spoke at Hoboken Terminal on Thursday, after a train crash killed one person and injured more than 100 others.The agency has been operating without an executive director for nearly a year and has not explained how it will close a $45 million gap in its budget.
Fri, 30 Sep 2016 13:02:10 GMTThe white-male-dominated culture of advertising agencies, as depicted in the TV show “Mad Men,” is still a problem, and some brands are looking for change.Concerned that agencies’ largely white and male leadership is hindering efforts to connect with American consumers, some companies threaten to walk.
Fri, 30 Sep 2016 00:20:06 GMTDaniel S. Och, chief executive officer of Och-Ziff Capital Management Group.OZ Africa Management, a unit of the hedge fund, pleaded guilty to bribing officials in Libya, Chad, Niger, Guinea and the Democratic Republic of Congo.
Thu, 29 Sep 2016 20:58:51 GMTSumner Redstone with his daughter, Shari Redstone, in 2012.The media mogul Sumner Redstone and his daughter, Shari Redstone, are suggesting an all-stock transaction that would leave them firmly in control.
Fri, 30 Sep 2016 02:19:48 GMTThe appointment of N.P. Narvekar, who has overseen the impressive growth of Columbia’s endowment, follows several years of lagging returns for Harvard’s investments.
Thu, 29 Sep 2016 13:18:42 GMTDining in Seoul. A new law has more South Koreans splitting the check, bucking tradition.The measure, which affects public servants, journalists and teachers, will alter a country where meals, cash and other gifts have long been central to doing business.
Thu, 29 Sep 2016 22:17:16 GMTThe state contends Capco was a sham used to convert into investment losses $163 million in auto insurance losses, duping investors.
Thu, 29 Sep 2016 12:46:11 GMTPaola Angel recalls that before New York City’s paid sick leave law took effect, she had to choose between earning a day’s pay and staying home with a sick child.The rule, which is estimated to directly affect more than 1.1 million people, will enable workers to accrue up to seven days for medical care for themselves or relatives.
Thu, 29 Sep 2016 21:28:26 GMTThe company will combine its vaunted research group with the unit focused on products that use artificial intelligence, like Bing and Cortana.
Thu, 29 Sep 2016 15:33:21 GMTThe Watson immersion room at IBM’s headquarters. IBM said that acquiring Promontory would mesh with its own offerings, including its Watson platform.IBM said that Promontory, which advises banks on regulatory matters, would mesh with its own offerings, including its Watson artificial intelligence platform.
Thu, 29 Sep 2016 21:36:17 GMTA merger of the two companies would be the latest consolidation in the chip-making industry and could be valued at over $30 billion.
Thu, 29 Sep 2016 22:37:56 GMTFrom left, Marc Benioff, chairman and chief executive of Salesforce.com, and Satya Nadella, chief executive of Microsoft.Salesforce, a San Francisco tech company, is said to have questioned whether Microsoft’s takeover of LinkedIn might hinder consumer choice and access to data.
Thu, 29 Sep 2016 17:51:57 GMTMembers of a band called the Slants say their goal is to adopt and reform a disparaging term about Asians.The case involves an Asian-American dance-rock band called the Slants, but it also has implications for the Washington Redskins.
Fri, 30 Sep 2016 09:12:06 GMTThe lender plans to group the majority of its British and Western European retail banking operations in a separate entity by the end of 2018.
Fri, 30 Sep 2016 00:41:49 GMTThe offering values the seven-year-old company slightly higher than its last funding round in the private markets.
Thu, 29 Sep 2016 18:39:33 GMTSuper Bowl 50 between the Denver Broncos and the Carolina Panthers. Consumers now have to rent cable boxes to watch television from cable operators, though alternatives exist.The plan is intended to free consumers from renting the boxes, which cost them $231 a year on average.
Fri, 30 Sep 2016 11:27:09 GMTThe historic Fondaco dei Tedeschi along the Grand Canal has been remodeled as a lifestyle department store, operated by the duty-free retailer DFS.
Thu, 29 Sep 2016 18:03:17 GMTDonald J. Trump spoke at the Polish National Alliance in Chicago on Thursday.Mr. Trump’s adjusted gross income and actual federal taxes paid for the past five years are numbers that any taxpayer can understand.
Fri, 30 Sep 2016 14:01:09 GMTAn analysis of financial markets during the debate last Monday suggests stocks would lose 10 to 12 percent of their value if Donald Trump won the election.
Fri, 30 Sep 2016 11:37:32 GMTChinese bank notes on a counter in Beijing in March.Various forces are trying to push down the value of the Chinese currency. But Beijing — in a reversal of previous policies — is trying to shore it up.
Fri, 30 Sep 2016 07:44:03 GMTWang Jianlin, chairman of the Wanda Group, hopes to buy at least a 50 percent stake in one of the “Big Six” Hollywood studios.Sixteen members of Congress are raising questions over the foreign acquisition of American movie theaters and studios.
Fri, 30 Sep 2016 14:51:24 GMTAngelina Jolie and Brad Pitt with their family in 2011.Financial advisers and lawyers say the easiest negotiations usually involve joint parenting pacts and solid prenuptial agreements.
Fri, 30 Sep 2016 13:51:46 GMTMore than a third of Americans haven’t changed their credit card in a decade. But now may be a good time to consider the options.A guide to some of the most recommended cards and the online comparison tools to help you choose.
Thu, 29 Sep 2016 23:25:26 GMTA 1/52-scale model of a floating wind turbine sits in a wind and wave simulator inside the facility of the Advanced Structures and Composites Center at the University of Maine in Orono.Engineers look to floating platforms to enable wind turbines to move into deeper waters farther from the coast.
Wed, 28 Sep 2016 16:56:53 GMTErica and Jack Haywood, of Love Grown. Love Grown marijuana is labeled Certified Clean Cannabis by Maine Organic Farmers and Gardeners Association.As growers and enterprises see more competition, a new labeling program may help them stay competitive. Just don’t call it “organic.”
Wed, 28 Sep 2016 15:49:56 GMTGoogle’s new assistant will be incorporated in new products like Google Home, an Amazon Echo-like talking computer.Google is threatened by the decline of web search, so it’s making a bold bet on what comes next: an all-knowing digital helper.
Wed, 28 Sep 2016 23:23:09 GMTHillary Clinton at a campaign rally at Wake Technical Community College in Raleigh, N.C., on Tuesday.The Arizona Republic on Tuesday joined several other publications that had broken long traditions of backing Republicans for president.
Thu, 29 Sep 2016 13:28:05 GMTCathy Marsh, a former employee of the steel mill in Granite City, Ill., organized donated food for laid-off workers this month.Trade is under attack in much of the world, because economists failed to anticipate the accompanying joblessness, and governments failed to help.
Fri, 30 Sep 2016 11:30:13 GMTCindy Whitehead is chief executive of the Pink Ceiling.The leader of a company that advises women in business builds staff unity by giving her employees nicknames based on the stories they tell over time.
Thu, 29 Sep 2016 13:32:38 GMTPlaying Superhypercube at a party in Austin, Tex., where Kokoromi, a virtual reality production team, tested the game.Phil Fish quit video games in 2014 after developing the hit game Fez; now he is part of a team that created a game for the coming Sony PlayStation VR.
Thu, 29 Sep 2016 16:34:21 GMTAmong other things, Apple’s latest redesign of its mobile operating system changes the lock screen’s shortcut to the iPhone’s camera app.
Thu, 29 Sep 2016 23:13:59 GMTBMW is using a version of Bosch’s WaterBoost technology in its high-performance M4 GTS. BMW officials said they liked the results.Water injection technology is well-known, but has not caught on in consumer autos. Bosch is betting that environmental regulations will help it go mainstream.
Thu, 29 Sep 2016 15:21:31 GMTThe Genesis has been Hyundai’s upmarket sedan. Now the name has become the automaker’s luxury brand, spiffing up that car and adding the flagship G90.
Thu, 29 Sep 2016 18:54:14 GMTMary Weber Novak at her home in 2006.Ms. Novak took over Spottswoode, her family’s vineyard, and turned it into a top producer of cabernet sauvignon and sauvignon blanc.
Thu, 29 Sep 2016 09:00:04 GMTSince the candidate clinched the nomination, the green room has become a chilly place.
Wed, 28 Sep 2016 18:27:02 GMTIf you invest with a large fund manager, chances are good that your objections to common corporate practices are not getting through.
Sat, 24 Sep 2016 15:07:13 GMTApple and digital giants have developed potentially lifesaving technology to block texting while driving, but it’s still not being deployed.
Sat, 24 Sep 2016 09:00:41 GMTFragmenting rock by blasting in the Iron Valley iron ore mine in Western Australia.China’s breakneck growth fueled an iron ore boom in Western Australia. Now, Chinese investors are fleeing a cooling economy by investing in Australian homes.