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NYT > Business Day

Last Build Date: Sat, 24 Mar 2018 07:01:57 GMT

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Uber’s Self-Driving Cars Were Struggling Before Arizona Crash

Sat, 24 Mar 2018 00:51:18 GMT

National Transportation Safety Board investigators examining a self-driving Uber vehicle that was involved in a fatal accident in Tempe, Ariz., on Sunday night. Uber has suspended tests of its autonomous vehicles around the country.Company documents obtained by The New York Times show Uber was becoming more aggressive with its autonomous car research, even as the technology faltered.

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For the U.S. and China, a Technology Cold War That’s Freezing Over

Sat, 24 Mar 2018 00:51:19 GMT

The Apple Store in Shanghai. A fight between the United States and China is cleaving the high-tech realm.In advanced industries like chip development, the rivals are vying for dominance in a fight that is as much about national security as economic might.

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Why China’s Response to Trump’s Tariffs Is So Muted

Fri, 23 Mar 2018 17:57:00 GMT

Workers at a steel plant in Zouping in China’s Shandong Province. Responding to United States tariffs on steel and aluminum, China on Friday announced tariffs on a variety of American goods, including fruit and seamless steel pipes.China responded to Trump’s action by announcing tariffs on $3 billion worth of U.S. products, a relatively modest amount. But it has more weapons in its arsenal.

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Misreading Trump: Ally Japan Is Spurned on Tariff Exemptions

Fri, 23 Mar 2018 10:52:30 GMT

Prime Minister Shinzo Abe of Japan with President Trump in New York in September. Japan’s omission from the list of countries temporarily exempted from United States tariffs seemed also a personal snub of Mr. Abe.Prime Minister Shinzo Abe’s wooing of President Trump seemed to get Japan little as the United States announced actions on trade.

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Wealth Matters: Trading Cards: A Hobby That Became a Multimillion-Dollar Investment

Fri, 23 Mar 2018 23:53:01 GMT

Brady Hill, president of Greensource, an apparel company, with some of his rare baseball cards, including two in his hand: a 1914 Cracker Jack Joe Jackson card, left, and a T206 Ty Cobb portrait card.Collecting cards is no longer child’s play; it’s a big-money realm of affluent collectors with an eye on returns.

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Trump Just Pushed the World Trade Organization Toward Irrelevance

Fri, 23 Mar 2018 20:24:56 GMT

President Trump after signing a memorandum targeting Chinese trade on Thursday.In announcing tariffs on Chinese goods, President Trump bypassed the body founded 23 years ago to keep the peace in global commerce.

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#MeToo Called for an Overhaul. Are Workplaces Really Changing?

Sat, 24 Mar 2018 05:19:48 GMT

Tina Tchen, a founding member of Time’s Up, spearheaded the initiative’s legal defense fund.Corporations, entrepreneurs and lawmakers are stepping up efforts to prevent sexual harassment and expand worker protections. Is it enough?

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Dropbox Shares Leap in I.P.O., and Silicon Valley Smiles

Sat, 24 Mar 2018 07:01:20 GMT

A contingent from Dropbox, including co-founders Drew Houston and Arash Ferdowsi, celebrate while ringing the opening bell at the Nasdaq stock exchange Friday. Shares of Dropbox soared to nearly $30 shortly after trading started.Shares of the file-sharing company jumped 36 percent on their first day of trading Friday. The debut is a promising sign for other start-ups.

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At Hamburger Central, Antibiotics for Cattle That Aren’t Sick

Sat, 24 Mar 2018 02:34:47 GMT

The Cactus Feeders feedlot in Tulia, Tex.Many industrial feedlots see routine use of antibiotics as essential. Some cattlemen disagree, calling them “performance enhancing drugs.”

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H. Wayne Huizenga, Owner of Teams and a Business Empire, Dies at 80

Sat, 24 Mar 2018 00:40:11 GMT

H. Wayne Huizenga at a Dolphins game in Miami in 2008.Mr. Huizenga built a business empire with the Blockbuster and AutoNation chains and owned three South Florida teams, the Marlins, Dolphins and Panthers.

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Zuckerberg Takes Steps to Calm Facebook Employees

Fri, 23 Mar 2018 23:06:18 GMT

Mark Zuckerberg, Facebook’s chief executive, has been on an apology tour of sorts this week for his company’s mishandling of data privacy. On Friday, he spoke to employees.Mark Zuckerberg held a Wednesday meeting with staff, followed by a regularly scheduled meeting on Friday, partly to discuss the Cambridge Analytica scandal.

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Elon Musk Joins #DeleteFacebook With a Barrage of Tweets

Fri, 23 Mar 2018 18:00:51 GMT

Elon Musk, chief executive of Tesla Inc. and SpaceX. He and Mark Zuckerberg of Facebook have long been at odds.Mr. Musk deleted the Facebook pages of two of his companies, SpaceX and Tesla. He and the Facebook C.E.O., Mark Zuckerberg, have, er, not always gotten along.

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Trump Administration Retreats on Tip-Sharing Plan in Compromise

Sat, 24 Mar 2018 07:01:24 GMT

Under a compromise plan, employers would be able to redistribute workers’ tips only under limited circumstances, and would not be able to keep a share for themselves.A Labor Department proposal would have given employers control over redistribution of tips, but the congressional spending bill would establish strict limits.

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Lawrence K. Grossman, Head of PBS and Then NBC News, Dies at 86

Sat, 24 Mar 2018 01:23:42 GMT

Lawrence K. Grossman, center, as president of NBC News, testified at a congressional hearing with top executives from CBS News and ABC News in the mid-1980s.At PBS he expanded the “MacNeil/Lehrer Report” and started “Frontline,” but early successes at NBC News were overtaken by cuts imposed by new corporate bosses.

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Betty Ann Bowser, Versatile TV Newswoman, Is Dead at 73

Fri, 23 Mar 2018 21:47:01 GMT

Betty Ann Bowser, center, and PBS “NewsHour” producer Cat Wise spoke with an unidentified New Orleans resident in 2006, about six months after Hurricane Katrina had devastated the city.Ms. Bowser was one of television’s most prominent newswomen, reporting for CBS and then for the “PBS NewsHour,” covering a wide range of issues.

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Why Can’t Dying Patients Get the Drugs They Want?

Fri, 23 Mar 2018 21:32:16 GMT

Nancy Goodman, with her 7-year-old daughter, Sarah Froman, started Kids v Cancer after her son, Jacob Froman, died of cancer at age 10.A Republican-backed “Right to Try” bill would allow patients to sidestep F.D.A. approval. But the true gatekeepers are the drug companies themselves.

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Tariff Battle: Where the U.S. and Chinese Moves May Lead

Fri, 23 Mar 2018 22:15:10 GMT

As Beijing absorbed the news about American tariffs, China responded Friday with tariffs of its own. Markets around the world tumbled on the trade restrictions, but the measures are likely to barely dent the Chinese economy.The two-pronged trade offensive aimed at China, and China’s initial response, may be only the start of a complex, escalating economic battle.

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Craigslist Drops Personal Ads After Passage of Sex Trafficking Bill

Fri, 23 Mar 2018 23:53:01 GMT

Senator Rob Portman of Ohio was a co-author of the sex trafficking bill, which has raised concerns among some tech companies and rights groups, including the A.C.L.U. and the Electronic Frontier Foundation.The website said that the bill, which removes protections from liability for facilitating trafficking, made it too risky to maintain its personal ads.

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Budget Deal in Congress Includes Help for Affordable Housing

Sat, 24 Mar 2018 07:01:28 GMT

An affordable-housing complex under construction in the Tenderloin neighborhood of San Francisco in January. The low-income housing tax credit has been a major lever in financing residential construction for the poor.The spending compromise would increase tax credits used to finance housing for the poor. Last year’s tax bill had undermined the program.

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Retiring: Single? No Kids? Don’t Fret: How to Plan Care in Your Later Years

Fri, 23 Mar 2018 17:10:19 GMT

Sarah Peveler moved to Tarboro, N.C., a few years before retiring. Living alone, she uses a network of friends and social groups, as well as a cellphone app, to make sure she is checked on periodically.Older Americans without children to lean on have to make arrangements while they are independent and healthy.

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Vocations: It’s a Tough, Dusty Construction Job. She Loves It.

Fri, 23 Mar 2018 15:44:55 GMT

Marissa Goodsky, who is in the last of three years of an apprentice program for concrete masons, on a job in Fridley, Minn.Using hand tools and, occasionally, big power trowels, an apprentice mason from a Native American tribe in Minnesota is learning her craft.

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Economic View: The Trump Boom Is Making It Harder to See the Next Recession

Fri, 23 Mar 2018 15:43:03 GMT

President Trump is a public figure like no other, and his unique — and polarizing — effect on mass psychology makes economic predictions even tougher than usual.

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Globalization’s Backlash Is Here, at Just the Wrong Time

Sat, 24 Mar 2018 07:01:30 GMT

President Trump announced the tariffs in the Diplomatic Room of the White House on Thursday.The world economy became more interconnected in the 1990s and 2000s, delivering immediate pain to rich countries, along with benefits that only now are starting to be more apparent.

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‘The Americans’ Goes Dark(er), With Help from a Painter

Fri, 23 Mar 2018 14:00:09 GMT

Paintings by the Brooklyn artist Alyssa Monks are integral to the sixth (and final) season of “The Americans.”The final season of the FX spy drama has a new asset, the Brooklyn painter Alyssa Monks. And her influence is felt throughout.

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Dropbox’s First-Day Pop Should Give Investors Pause: DealBook Briefing

Fri, 23 Mar 2018 21:43:52 GMT

Dropbox faces fierce competition, doesn’t make a profit and its user growth has slowed. Yet investors think the company has an amazing future.

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Goldman Sachs Takes Its Homegrown Talk Show to a Wider Audience

Fri, 23 Mar 2018 12:48:32 GMT

A recent episode of “Talks at GS” featuring Bozoma Saint John, right, Uber’s chief brand officer, and Kim Posnett, Goldman Sachs’s head of internet investment banking.The firm’s “Talks at GS” series, which features chieftains, athletes and artists alike, has started running on platforms like Hulu and Amazon Prime.

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The Workologist: How to Respond When a Colleague Is Harassing Women

Fri, 23 Mar 2018 10:00:06 GMT

A man’s behavior toward women in the workplace is troubling. But his colleagues are reluctant to report him because he “needs the money.”

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Wall St. Closes Lower, as a U.S.-China Trade War Looms

Fri, 23 Mar 2018 22:29:14 GMT

Friday’s session ended the S.&P. 500’s worst week in two years, and followed slumping sessions in global markets in Europe and Asia.

Built to Flood: Houston Speculators Make a Fast Buck From Storm’s Misery

Sat, 24 Mar 2018 07:01:42 GMT

Nick Pelletiere at his home in Canyon Gate, which is undergoing repairs after it was damaged by flooding during Hurricane Harvey. Mr. Pelletiere is one of the many speculators driving a new economy in the area, buying and selling flooded homes.A new economy has arisen in the suburbs of Houston battered by storms: the buying and selling of flooded homes.

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Corner Office: How Nasdaq C.E.O. Adena Friedman Beat the Odds on Wall Street

Fri, 23 Mar 2018 09:00:10 GMT

Adena Friedman, the chief executive of Nasdaq. When she joined Nasdaq in 1993, she said, her boss, a man, "never once made me feel at all different or disadvantaged by being a woman."She grew up hanging around the trading floor with her father. Now she’s running a major stock exchange. How? She spoke up, and she got stuff done.

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The Getaway: Springtime Changes at the Airport

Fri, 23 Mar 2018 09:00:10 GMT

Los Angeles International Airport in California, where some passengers may board using facial recognition technology.A look at what’s new, including apps that enable travelers to order food and headphones at their departure gate, more biometric boarding, and higher fees for some United States passport applicants.

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Steve Wynn Agrees to Sell Entire Stake in His Casino Company

Fri, 23 Mar 2018 02:47:36 GMT

Steve Wynn resigned last month as the C.E.O. of Wynn Resorts, the casino and hotel company he founded more than 16 years ago.Mr. Wynn, who resigned as chief executive last month after sexual misconduct claims from women who had worked for him, sold his remaining shares in Wynn Resorts.

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Responding to Trump, China Plans New Tariffs on U.S. Goods

Fri, 23 Mar 2018 07:43:02 GMT

Chinese border police officers watching the arrival of a container ship at a port in Qingdao in Shandong Province. On Friday, China said it planned to impose tariffs on a wide range of American products.China proposed tariffs on $3 billion worth of American fruit, pork, wine and other goods, striking back just hours after President Trump’s announcement.

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John Bolton, Fresh From Fox News, Joins the Trump Cast

Fri, 23 Mar 2018 00:55:06 GMT

“I think I still am a Fox News contributor,” John R. Bolton, laughing, told Martha MacCallum after being named President Trump’s national security adviser. Mr. Bolton, the next national security adviser, was a longtime commentator. He’s the latest TV personality to go from the small screen to the White House.

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If Media Giants Grow, So May Your Bills

Fri, 23 Mar 2018 00:05:19 GMT

The government doesn’t want you to pay too much to watch your shows. That’s why the Justice Department says it is challenging the proposed merger between AT&T and Time Warner.

Dropbox Priced at $21 a Share in I.P.O., Valuing Company at $9.2 Billion

Thu, 22 Mar 2018 23:27:35 GMT

The offering could prompt other so-called unicorns to go public, letting investors and founders reap large gains that currently only exist on paper.

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Beg, Borrow or Steal: How Trump Says China Takes Technology

Thu, 22 Mar 2018 22:55:30 GMT

An aerial view of new General Motors cars covered with snow in Shenyang city, in northeast China’s Liaoning province, earlier this month.The justification for Washington’s tariffs on $60 billion in Chinese imports shows the rise of intellectual property as a major trade issue.

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AT&T Would Use Time Warner as a ‘Weapon,’ Justice Dept. Says

Thu, 22 Mar 2018 23:29:58 GMT

Mr. Stephenson leaving the federal courthouse on Thursday. The Justice Department argues that AT&T would charge its rivals more money for Time Warner content if the merger were approved.In opening statements of government’s case to block the AT&T-Time Warner merger, the two sides offered starkly different visions of the TV industry.

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Greenhouse Gas Emissions Rose Last Year. Here Are the Top 5 Reasons.

Thu, 22 Mar 2018 21:19:17 GMT

A coal-fired power plant in Huainan, China. Roughly two-thirds of last year’s emissions increase came from Asian countries that rely heavily on fossil fuels for economic development.The world needs to reduce emissions to avoid drastic global warming. For now, a new study shows, we’re moving in the opposite direction.

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Instagram Is Changing Its Algorithm. Here’s How.

Thu, 22 Mar 2018 21:09:44 GMT

Instagram’s feed ranking is “constantly adapting and improving based on new data,” a company spokesman said.The changes appear to address some common gripes, like how some posts can keep appearing on your feed seemingly for days.

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A Fourth Woman Files a Defamation Suit Against Bill O’Reilly

Sat, 24 Mar 2018 07:01:50 GMT

Bill O’Reilly, the former Fox News host, was sued on Thursday by Laurie Dhue, a former Fox News anchor who said his response to her allegations of harassment against him defamed her.Laurie Dhue, a former Fox News anchor, made claims similar to those in a suit by three other women, claiming that Mr. O’Reilly portrayed her as a liar.

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Charles P. Lazarus, Toys ‘R’ Us Founder, Dies at 94

Fri, 23 Mar 2018 02:16:45 GMT

Charles Lazarus in his office in an undated photograph. He opened his first Toys “R” Us store in 1957.Mr. Lazarus parlayed a single store in Washington, D.C., into the world’s leading toy chain, but the company liquidated last week, burdened by debt.

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Asian Stocks Tumble as Sell-Off Over Trade Fears Continues

Fri, 23 Mar 2018 08:53:04 GMT

A brewing trade war between China and the United States sent markets reeling across Asia on Friday, and Europe looked ready to follow suit.

Bits: Kevin’s Week in Tech: Zuckerberg’s Answers to Privacy Scandal Raise More Questions

Thu, 22 Mar 2018 21:13:33 GMT

Mark Zuckerberg in Barcelona, Spain, in 2016. Switching to a subscription model wouldn’t fix all of Facebook’s problems overnight, but it would make Mr. Zuckerberg’s network harder to exploit.Mark Zuckerberg said Facebook’s reliance on advertising aligned with its mission to build a community. But what if Facebook cost $5 per month to use?

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Common Sense: Shkreli vs. Holmes: 2 Frauds, 2 Divergent Outcomes. Were They Fair?

Fri, 23 Mar 2018 01:42:18 GMT

Martin Shkreli, convicted of fraud for actions around his hedge fund, is going to prison. So far, Elizabeth Holmes, who sold falsehoods about her blood-testing business, is not.

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Post-Brexit U.K. Is Getting New Passports, Probably From France

Thu, 22 Mar 2018 22:23:15 GMT

The British manufacturer of the current burgundy version said that the new design, in a traditional dark blue, would be made by a continental rival.

Citigroup Sets Restrictions on Gun Sales by Business Partners

Thu, 22 Mar 2018 23:22:42 GMT

Citigroup’s new policy on firearms, announced on Thursday, will strike some as “too strict while others will find it too lenient,” said Michael L. Corbat, the chief executive.The banking and financial services giant is the first on Wall Street to create gun control policies after the massacre in Parkland, Fla.

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YouTube to Ban Videos Promoting Gun Sales

Fri, 23 Mar 2018 20:10:45 GMT

YouTube said that it would ban videos that promote either the construction or sale of firearms and their accessories, starting next month.The video streaming company said that it would ban videos promoting the sale or manufacture of firearms and their accessories.

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