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NYT > Business Day





Last Build Date: Mon, 24 Jul 2017 02:27:22 GMT

Copyright: Copyright 2017 The New York Times Company
 



In China, Herd of ‘Gray Rhinos’ Threatens Economy

Sun, 23 Jul 2017 21:56:00 GMT

The headquarters of Anbang Insurance Group, whose chairman was detained last month. Several Chinese conglomerates are now are so big, so complex and so indebted that the government is trying to bring them to heel.


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Leader Who Rebuilt Time Warner Empire Prepares an Exit

Mon, 24 Jul 2017 01:51:55 GMT

Jeffrey Bewkes, the chief executive of Time Warner, center right, at an event in Manhattan in July. Jeffrey Bewkes, a quiet defender of CNN who has delivered Time Warner high returns, plans to leave the company if a merger with AT&T is approved.


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Advertising: For Warner Bros., a ‘Cinematic Universe’ Built of Lego Bricks

Sun, 23 Jul 2017 21:02:31 GMT

Visitors to the Lego booth at Comic-Con International in San Diego.The stakes are high for Warner Bros. and Lego ahead of their third movie together, as they strive to maintain the success of their earlier films.


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Small Businesses Split Over Republican Health Plans

Sun, 23 Jul 2017 23:45:40 GMT

Leah Gomberg, 48, a home stager, and her husband, David, 50, a self-employed psychologist, with their family in Maplewood, N.J. “It’s just sucking the life out of us financially,” Ms. Gomberg said of their premium.Small-business owners, some of the most vocal opponents of the Affordable Care Act, are divided over Republican plans to reverse much of the law.


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U.S. Foresaw Better Return in Seizing Fannie and Freddie Profits

Mon, 24 Jul 2017 01:35:12 GMT

Fannie Mae headquarters in Washington. Fannie Mae and its fellow mortgage finance giant, Freddie Mac, were put into conservatorship during the financial crisis.Documents show that officials, citing a need to protect against losses, actually expected to generate more money for the Treasury. Shareholders say they were wronged.


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Turkey Sees Foes at Work in Gold Mines, Cafes and ‘Smurf Village’

Sat, 22 Jul 2017 16:29:42 GMT

Taksim Square in Istanbul. Turkey’s government has seized more than 950 companies since a failed coup in July last year.The government has seized more than 950 companies, from a baklava chain to a major construction firm, over suspected ties to a coup attempt last year.


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At Chicago Sun-Times, New Owners Vow Return to Paper’s Working-Class Roots

Sun, 23 Jul 2017 20:48:32 GMT

Edwin Eisendrath, a Chicago native who has spent much of his career as a politician and business executive, is now an owner of The Chicago Sun-Times.Despite the pledge, some in the nation’s third-largest city worry that The Sun-Times, now partly owned by trade unions, will veer from its tradition of covering them aggressively.


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One Family, Many Revolutions: From Black Panthers, to Silicon Valley, to Trump

Sat, 22 Jul 2017 09:00:26 GMT

David Horowitz at his house in Camarillo, Calif. He moved from a leftist ideologist to a supporter of the Trump administration.Ben Horowitz is helping define the modern tech age. His father shaped the ’60s radical left — before taking a hard right turn. Family chats get interesting.


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In China, Silicon Valley Giants Confront New Walls

Sat, 22 Jul 2017 09:00:14 GMT

The Jiaming Center in Beijing, where LinkedIn has its Chinese offices.The recent struggles of Apple, LinkedIn and Facebook show why the number of tech companies willing to have a try in China is dwindling.


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BMW Denies Colluding With Carmakers on Emissions Equipment

Sun, 23 Jul 2017 17:59:53 GMT

The headquarters of the German carmaker BMW in Munich.The German company was the first to respond to accusations that it formed a cartel with Daimler and Volkswagen to limit technology costs.


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German Carmakers Face Potential New Scandal Over Antitrust Issues

Sat, 22 Jul 2017 17:52:54 GMT

Volkswagen vehicles stored at a customer center. The company is one of several German carmakers facing a potential antitrust inquiry by European authorities.The European Commission said it is looking into accusations that Volkswagen, Daimler and BMW colluded on emissions and other technology.


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A Comic Strip Mirrors the Ravages of Climate Change

Sun, 23 Jul 2017 18:30:13 GMT

The cast of “Arctic Circle,” by the cartoonist Alex Hallatt, includes three penguins, a polar bear, a lemming and a bunny.The newspaper strip “Arctic Circle” will focus on global warming this week to coincide with the sequel to the documentary “An Inconvenient Truth.”


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BBC Women Demand Action to Close Pay Gap With Men

Sun, 23 Jul 2017 13:06:16 GMT

Clare Balding interviewing Aljaz Bedene of Britain on July 5 at the Wimbledon championships in London.In an open letter, prominent women at the British broadcaster called for quick action to eliminate the disparity.


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Abuses Hide in the Silence of Nondisparagement Agreements

Fri, 21 Jul 2017 22:51:21 GMT

Babak Nivi, left, a founder and board member of AngelList, in 2011 with his fellow co-founder, Naval Ravikant. Mr. Nivi has no role at the company and is no longer a board member, AngelList said, but it would not say when or why he left the board.Often used at tech companies, nondisparagement agreements are increasingly included in employment contracts and legal settlements.


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Wells Fargo Accidentally Releases Trove of Data on Wealthy Clients

Fri, 21 Jul 2017 23:23:35 GMT

Gary Sinderbrand received information about clients of Wells Fargo that he had not sought.A plaintiff suing an employee of Wells Fargo Advisors was sent a CD containing thousands of sensitive client records — which came from a lawyer for the bank.


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Adventures in Capitalism: If GoDaddy Can Turn the Corner on Sexism, Who Can’t?

Sun, 23 Jul 2017 22:31:27 GMT

“There’s a lot of little things people don’t usually notice,” Katee Van Horn, GoDaddy’s vice president for engagement and inclusion, said of its changes in analyzing leadership capacities. “But they add up.”Skeptics scoffed when Blake Irving vowed to reform the internet business built on salacious television ads. But the change is looking real.


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Fair Game: Hard Questions for a Company at the Center of the Opioid Crisis

Fri, 21 Jul 2017 19:13:07 GMT

John H. Hammergren, the chief executive of McKesson, in 2010. Since 2008 he has received $692 million in compensation.McKesson, the nation’s largest drug distributor, will be grilled about executive pay and controlled substances at its annual meeting on Wednesday.


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Retiring: Three Things I Should Have Said About Retirement Planning

Fri, 21 Jul 2017 19:11:17 GMT

As he approaches retirement age, the author of several books about retirement looks back on the advice he dispensed and modifies it a bit.


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Strategies: Partisan Conflict Is High, but the Market Doesn’t Care

Fri, 21 Jul 2017 20:35:27 GMT

Clockwise from top left, the Panic of 1893; a bread line during the Great Depression in the winter of 1932-33; the American evacuation from Saigon, now Ho Chi Minh City, in 1975; the attack on Pearl Harbor in 1941.Political divides in the United States seem to reach new levels of nastiness almost daily. That may be bad for the economy, but the markets like it.


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On Money: What Will Service Work Look Like Under Amazon?

Tue, 18 Jul 2017 09:00:01 GMT

The company’s acquisition of Whole Foods sets up a clash between two vastly different visions for the future of labor.


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Your Money: The Ethics of Adjusting Your Assets to Qualify for Medicaid

Fri, 21 Jul 2017 09:00:23 GMT

People who make themselves indigent to qualify for Medicaid are sometimes criticized. But consider the nuances of the situation, and other alternatives.


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Bits: Farhad and Mike’s Week in Tech: Meal Kits, Lyft and ‘Despacito’

Sat, 22 Jul 2017 13:00:01 GMT

A Blue Apron meal kit. Amazon edged a toe into the trendy meal kit delivery space this week, and soon after Blue Apron’s recently public stock price began to sink.Should every company create its own self-driving program? Mike and Farhad debate.


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Wealth Matters: From Massages to ‘Pawicures,’ These Resorts Have It All for Pets

Fri, 21 Jul 2017 12:39:24 GMT

Bella playing in the pool at Olde Towne Pet Resort in Rockville, Md. When some people take vacations, they leave their pets at high-end spas and hotels that cater to the four-legged set.Some people who take luxury vacations feel the need to give equal treatment to their dogs and cats, who now have resorts of their own.


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Vocations: Helping Young People to Develop Their Own Voices

Fri, 21 Jul 2017 14:43:57 GMT

Leslé Honoré looks over student art projects during summer camp at the Rauner Family Y.M.C.A. of Metro Chicago.A Chicago Y.M.C.A. youth programming director draws on her passion for poetry to inspire children through creative projects.


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The Workologist: Overcoming an Embarrassing Slipup From Years Ago

Fri, 21 Jul 2017 12:45:58 GMT

You believe you’re being punished for a past mistake. But you can fix it.


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Corner Office: Lyft’s John Zimmer on Empowering Others to Help Them Grow

Fri, 21 Jul 2017 12:34:21 GMT

John Zimmer, president and co-founder of Lyft, says that sometimes leaders have to let people make mistakes and not always be there for them.The president of the ride-hailing service says that sometimes leaders have to let people make mistakes and not always be there for them.


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Paid Petsitting in Homes Is Illegal in New York. That’s News to Some Sitters.

Fri, 21 Jul 2017 22:45:01 GMT

Raul Cordero with his Rhodesian ridgeback, Viuty. Mr. Cordero operates a dog-care business in East Harlem that appears to run afoul of city rules regarding the care of pets for pay in homes.The arrival of dogsitting apps like Rover and Wag has led the city to dust off a rule against caring for pets for pay in homes.


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What the Decline of the Dollar Means

Thu, 20 Jul 2017 19:53:42 GMT

The value of the dollar has fallen steadily this year, helping American companies that sell to foreigners and hurting American consumers of foreign goods and services.The value of the dollar has fallen steadily this year, helping American companies that sell to foreigners and hurting American consumers of foreign goods and services.


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Your Money Adviser: How to Make Your Credit Card Act Like a Debit Card

Fri, 21 Jul 2017 00:39:44 GMT

Debitize, a new service aimed at millennials, helps people gain the perks of credit cards while still keeping their spending in check.



Economic View: When the (Empty) Apartment Next Door Is Owned by an Oligarch

Fri, 21 Jul 2017 09:30:02 GMT

Foreign money is flowing into neighborhoods in North America. But what does that mean for the neighbors?


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The Shift: As Self-Driving Cars Near, Washington Plays Catch-Up

Fri, 21 Jul 2017 14:02:08 GMT

An Uber Ford Fusion mapping the streets of Pittsburgh in September. A House subcommittee voted Wednesday to advance a bill that would speed up the development of self-driving cars and create a federal framework for their regulation.Congress is taking its first steps to regulate autonomous vehicles, as the technology moves closer to fruition.


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Tech Tip: Preparing for the Jump to a New Operating System

Fri, 21 Jul 2017 15:22:01 GMT

If you have decided to switch from PC to Mac (or vice versa), Apple, Microsoft and other software makers can make the transfer process easier than you might think.