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NYT > Business Day

Last Build Date: Sat, 24 Jun 2017 03:27:22 GMT

Copyright: Copyright 2017 The New York Times Company

Easiest Path to Riches on the Web? An Initial Coin Offering

Sat, 24 Jun 2017 01:08:54 GMT

Peter Sussman, front, interested his co-workers in St. Louis in digital currencies.Programmers are selling digital currencies redeemable for services that do not exist. Where some see a financing revolution, others see trouble.

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Outside Collectors for I.R.S. Are Accused of Illegal Practices

Fri, 23 Jun 2017 16:58:13 GMT

The Internal Revenue Service Building in Washington. A group of senators say that I.R.S. contractors are using illegal and abusive collection tactics.A group of Democratic senators obtained call scripts from companies collecting overdue tax debt and found what they said were a variety of abuses.

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Europe and Japan Near Trade Deal as U.S. Takes Protectionist Path

Fri, 23 Jun 2017 17:30:45 GMT

A construction site near a container terminal in Tokyo. Japan wants Europe to eliminate a 10 percent tariff on Japanese cars.The European Union and Japan are close to an agreement that would bring together two giants encompassing a quarter of the world’s economy.

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F.B.I. Investigating Deals Involving Paul Manafort and Son-in-Law

Fri, 23 Jun 2017 12:27:33 GMT

Paul Manafort at a meeting in Manhattan in August, days before he resigned as the campaign manager for Donald J. Trump.It was not clear if the inquiry was part of a broader investigation that has ensnared Paul Manafort, who once served as Donald Trump’s campaign chairman.

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European Central Bank Moves to Wind Down Two Italian Banks

Sat, 24 Jun 2017 02:25:43 GMT

Veneto Banca and Banca Popolare di Vicenza have been closely monitored by the European Central Bank since 2014.Veneto Banca and Banca Popolare di Vicenza have effectively failed because of a lack of capital. Another bank may buy their healthy parts.

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Xi Jinping Is Set for a Big Gamble With China’s Carbon Trading Market

Fri, 23 Jun 2017 04:01:19 GMT

The Wujing Coal-Electricity Power Station on the Huangpu River in Shanghai. China’s cap-and-trade carbon emissions market will most likely start with three industries: coal-fired power plants, cement and aluminum.A carbon trading program is shaping up as a big policy retort to President Trump’s decision to quit the Paris accord. But getting local industries on board will be a challenge.

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OSHA to Roll Back Rules on Toxic Mineral at Construction Sites

Sat, 24 Jun 2017 00:04:31 GMT

The Hudson Yards construction site in New York. Under new rules from the Occupational Safety and Health Administration, shipyards and construction sites would be exempt from some air quality measures concerning beryllium, a potentially deadly mineral.The workplace safety agency says it will ease Obama-era limits imposed on the use of coal slag, which contains beryllium, a potentially deadly mineral.

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‘Nobody Is Perfect’: Some Uber Employees Balk at Travis Kalanick’s Exit

Thu, 22 Jun 2017 21:29:24 GMT

Earlier this week, Travis Kalanick stepped down as the chief executive at Uber.More than 1,000 workers supported a petition asking the company’s board to bring back the former chief in an active role.

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Google Will No Longer Scan Gmail for Ad Targeting

Fri, 23 Jun 2017 23:43:12 GMT

Google said it plans to carry out the changes to the Gmail ad policy “later this year.”After years of complaints by privacy advocates, the company said it will stop the practice on its free email service to eliminate confusion around its advertising policies.

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E.C.B. Seeks Control Over London Trading After ‘Brexit’

Fri, 23 Jun 2017 17:16:49 GMT

The central bank’s action was an example of how Britain’s vote to leave the European Union could force a realignment of financial markets.

The Incredible Shrinking White House Briefing

Fri, 23 Jun 2017 23:06:08 GMT

The White House Correspondents’ Association is pushing back against Sean Spicer, the White House press secretary, and his new, less informative briefings.

A Trump Bump for Law Firm of President’s Lawyer

Fri, 23 Jun 2017 12:52:21 GMT

The law firm founded by Marc E. Kasowitz, President Trump’s personal lawyer, cracked Vault’s list of the nation’s top 100 prestigious firms this year, coming in at No. 99.Kasowitz Benson Torres, the firm founded by Marc E. Kasowitz, made Vault’s list of the nation’s top 100 prestigious firms this year, coming in at No. 99.

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7 of Our Best ‘Brexit’ Pieces, a Year After the Vote

Fri, 23 Jun 2017 15:50:06 GMT

A “Vote Leave” rally in near Parliament before the June 23, 2016, referendum.Before the referendum and over the past year, we’ve delved into questions of identity, economics, finance and politics surrounding “Brexit.”

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From 9/11 to Orlando, Ken Feinberg’s Alter Ego in Compensating Victims

Fri, 23 Jun 2017 19:36:47 GMT

Camille Biros at work. She has helped determine compensation in some high-profile cases, such as the Pulse nightclub shooting in Orlando, Fla., and the Deepwater Horizon oil spill.Camille Biros has helped her small but influential law firm set up payment protocols tied to the BP oil spill, mass shootings and other catastrophes.

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Your Money: Does God Want You to Spend $300,000 for College?

Fri, 23 Jun 2017 09:00:27 GMT

The Rev. John I. Jenkins, president of the University of Notre Dame, in 2015. Father Jenkins said he is humbled by the sacrifices parents make so their children can go to Notre Dame.The retail price of joining Father John. I. Jenkins at the University of Notre Dame is climbing ever higher. Here, the last in a series on faith and finance.

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Fair Game: Lessons From the Collapse of Banco Popular

Fri, 23 Jun 2017 18:44:48 GMT

A Banco Popular office in Madrid earlier this month. The bank’s problems can be traced back to the mortgage mania of over a decade ago.When Spain’s fifth-largest bank failed this month, Banco Santander swooped in to the rescue, and regulators breathed easy. They should have been scared.

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A Cyberattack ‘the World Isn’t Ready For’

Thu, 22 Jun 2017 16:23:36 GMT

Golan Ben-Oni, of the IDT Corporation, which was attacked in April with two cyberweapons stolen from the National Security Agency.In May, a so-called ransomware attack hit computers in over 150 countries. But two weeks earlier, one security expert found something a lot worse.

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Values Revealed: The Health Debate Shows What Both Parties Care About Most

Fri, 23 Jun 2017 22:00:00 GMT

In March 2009, President Obama and others listened to Mitch McConnell, then the Senate minority leader, at a White House forum on health care.What role should government have in health care, and who should pay for it? A political fight lays bare a philosophical one.

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Retiring: Would You Trust Tom Selleck With Your Life Savings?

Fri, 23 Jun 2017 18:41:31 GMT

An American Advisors Group commercial featuring Tom Selleck.Companies that market to older Americans choose their celebrity spokesmen or spokeswomen with an eye toward the sensibilities of retirees.

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Corner Office: Joe Andrew on Building a Culture to Encourage Creativity

Fri, 23 Jun 2017 11:00:24 GMT

The global chairman of Dentons, the world’s largest law firm, says that people have to feel comfortable sharing their thoughts and ideas.

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Prototype: Feel the Noise: Homemade Slime Becomes Big Business

Fri, 23 Jun 2017 14:00:02 GMT

Karina Garcia, 23, at her home in Riverside, Calif. Ms. Garcia is a YouTube celebrity famous for her slime videos.The market for slime — a sticky substance in a multitude of colors — is thriving in a cottage industry run by fourth-graders, teenagers and young adults.

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Wealth Matters: How to Make the Family Business Work Across the Generations

Fri, 23 Jun 2017 14:01:36 GMT

Toshio Suzuki, left, and his son Yuta at their restaurant. The younger Suzuki now runs the family business, allowing his father to concentrate on the sushi.Lessons from families in the sushi, boot-making and wallpaper businesses.

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Your Money Adviser: Tips for Adding a Teenage Driver to Your Auto Insurance

Fri, 23 Jun 2017 16:07:27 GMT

Matt Walton with his car in Jackson,Tenn. Adding a teenager to a family’s auto insurance policy is expensive, but there are ways to save.Rates for teenagers are a bit lower than they once were, and there are plenty of consumer safety websites to offer advice.

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Common Sense: An Index-Fund Evangelist Is Straying From His Gospel

Thu, 22 Jun 2017 14:03:34 GMT

Burton Malkiel, 84, who long endorsed passive investing, has had a change of heart.Burton Malkiel, author of “A Random Walk Down Wall Street,” says looking for market inefficiencies can beat passive investing, which he long endorsed.

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The Workologist: When You’d Rather Not Be a Reference

Fri, 23 Jun 2017 11:30:23 GMT

A friend re-entering the work force wants your endorsement, but your feelings are mixed, at best. Here’s how to proceed.

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Warren E. Buffett Comes to the Aid of a Big Canadian Mortgage Lender

Thu, 22 Jun 2017 20:34:18 GMT

Berkshire Hathaway, run by Mr. Buffett, agreed to buy a stake in Home Capital, which has struggled amid accusations of fraud.

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