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World Business news from New York Times

NYT > Business Day
Mexican Election Could End the Welcome for U.S. Oil Giants last updated on: Thu, 26 Apr 2018 22:32:09 GMT
The leading presidential candidate has vowed to reverse energy policies that have attracted foreign drillers and helped absorb a natural-gas glut.
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Fed Officials Worry the Economy Is Too Good. Workers Still Feel Left Behind. last updated on: Thu, 26 Apr 2018 20:21:44 GMT
Many Americans are just beginning to climb out of the Great Recession, yet policymakers are debating whether the economy is on the cusp of overheating.
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An Elegiac Tone as 20th Century Fox Faces a Disney Future last updated on: Thu, 26 Apr 2018 20:41:14 GMT
When Stacey Snider, the studio’s chairwoman, made a presentation on Thursday it was perhaps the last time Fox would appear in front of the National Association of Theater Owners as a stand-alone entity.
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Deutsche Bank Abandons Wall Street Ambitions, and Focuses on Europe last updated on: Thu, 26 Apr 2018 20:10:00 GMT
The plan by a new chief executive means that the bank is giving up its efforts to compete on equal terms with Wall Street behemoths.
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With Eurozone Economy Wavering, E.C.B. Leaves Policy Unchanged last updated on: Thu, 26 Apr 2018 19:11:53 GMT
Indications of slowing growth are not yet strong enough to cause the European Central Bank to revise its timetable for winding down economic stimulus.
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How Fake Mark Zuckerbergs Scam Facebook Users Out of Their Cash last updated on: Wed, 25 Apr 2018 22:49:23 GMT
The Facebook chief executive has vowed to clean up the social network, but his company has failed to stop even those impersonating him from swindling people.
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Sean Spicer Unveils a Wax Melania, and Says Little More Than She Does last updated on: Thu, 26 Apr 2018 14:42:40 GMT
The former White House press secretary made an appearance to promote the Madame Tussauds version of the first lady. He has a book coming out in July.
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Vincent Bolloré, French Billionaire, Faces a Rare Corruption Inquiry last updated on: Thu, 26 Apr 2018 14:02:24 GMT
Mr. Bolloré, called the “King of Africa” for his business dealings there, faces allegations of bribing politicians in exchange for contracts.
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The Shift: Workers of Silicon Valley, It’s Time to Organize last updated on: Thu, 26 Apr 2018 16:49:47 GMT
Employees in the tech industry have an unusual power: They can make their companies act more responsibly. All they have to do is speak up.
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Walmart, With Billions to Spend, Seeks Flipkart E-Commerce Site in India last updated on: Thu, 26 Apr 2018 19:20:36 GMT
The company is said to be in talks to acquire Flipkart, India’s leading online retailer, to counter Amazon’s push into the country.
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China Is Opening Its Car Market. But Not Enough, Say Auto Companies. last updated on: Wed, 25 Apr 2018 13:04:51 GMT
Beijing’s plan will change little on the ground and offers a slim chance to become the starting point in talks to avert a trade war with Washington.
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Facebook’s Privacy Scandal Appears to Have Little Effect on Its Bottom Line last updated on: Wed, 25 Apr 2018 22:52:11 GMT
The social network posted increases in profit and revenue as it deals with a torrent of criticism about its privacy practices and the way it handles user data.
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Three Reasons Deutsche Bank Didn’t Exit Wall Street Earlier: DealBook Briefing last updated on: Thu, 26 Apr 2018 22:12:07 GMT
Deutsche Bank is effectively abandoning its ambition to be a member of Wall Street’s big leagues. That raises one question: Why did it take so long?
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Wall Street Gains on Strong Earnings, Tech Resurgence last updated on: Thu, 26 Apr 2018 22:09:50 GMT
U.S. stocks advanced on Thursday with each of Wall Street's major indexes ending the session up 1 percent or higher, boosted by solid earnings results and a rebound in technology stocks as U.S. bond yields pulled back.
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Common Sense: Law Partner Trades Cravath for Kirkland in Sign of Legal Star System’s Rise last updated on: Thu, 26 Apr 2018 21:38:11 GMT
For years, partners rarely left the firm of Cravath, Swaine & Moore. But recent defections to Kirkland & Ellis have pointed to new forces at work.
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E. Coli Flare-Up Is Largest Multistate Outbreak Since 2006 last updated on: Thu, 26 Apr 2018 19:50:33 GMT
At least 84 people have been infected so far, according to health officials, who traced the illnesses to romaine lettuce from southwestern Arizona.
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David Zwirner Proposes ‘Tax’ on Large Galleries at Art Fairs last updated on: Thu, 26 Apr 2018 20:09:16 GMT
Mr. Zwirner, whose gallery is one of the world’s largest, said he would be willing to pay more for space if it could help smaller galleries take part.
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Facebook Faces Tough Questions in Britain That It Avoided in the U.S. last updated on: Thu, 26 Apr 2018 22:17:42 GMT
Facebook’s chief technology officer testified before a British panel in a hearing that stood in stark contrast to the efforts of American lawmakers.
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MoviePass Says All Is Well. Even Some of Its Customers Are Skeptical. last updated on: Thu, 26 Apr 2018 20:01:41 GMT
The subscription-based service for movie theater tickets is facing questions about its long-term viability, but executives say they are confident the company will flourish.
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The Times’s Reporting on Harvey Weinstein Will Get Movie Treatment last updated on: Thu, 26 Apr 2018 15:33:26 GMT
Plan B Entertainment and Annapurna Pictures bought the rights for a film about how the reporters Jodi Kantor and Megan Twohey helped set off the #MeToo movement.
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‘Desperation Oncology’: When Patients Are Dying, Some Cancer Doctors Turn to Immunotherapy last updated on: Thu, 26 Apr 2018 09:00:06 GMT
The drugs don’t work against every cancer — but on rare occasions, they work miracles.
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The Era of Very Low Inflation and Interest Rates May Be Near an End last updated on: Thu, 26 Apr 2018 18:17:24 GMT
Moves in global bond markets over the last few months suggest changing expectations about prices.
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Ashley Longshore Is Fashion’s Latest Art Darling last updated on: Thu, 26 Apr 2018 07:00:01 GMT
Her glittery, bawdy feminist work gets likes on Instagram and love at Bergdorf.
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ConocoPhillips Wins $2 Billion Ruling Over Venezuelan Seizure last updated on: Wed, 25 Apr 2018 23:47:13 GMT
An arbitration panel sided with the company 11 years after Hugo Chávez expropriated several of its oil projects. Now the problem is trying to collect.
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A Lifesaving Pump for Cancer Patients Is Being Phased Out last updated on: Wed, 25 Apr 2018 21:34:09 GMT
A small, implantable device made by a Johnson & Johnson subsidiary has been discontinued, with no replacement in sight.
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Global Health: Infant Deaths Fall Sharply in Africa With Routine Antibiotics last updated on: Wed, 25 Apr 2018 21:00:05 GMT
Providing one dose every six months saved one in four babies, researchers reported. Now the W.H.O. will consider recommending routine use.
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Ford Will Drop Focus and Fusion Sedans in North America last updated on: Wed, 25 Apr 2018 23:19:11 GMT
The automaker is accelerating efforts to slash costs in a bid to turn around its fortunes both at home and abroad.
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Breakingviews: Investors Bet That Fox and Disney Will Toss Financial Sense Aside last updated on: Wed, 25 Apr 2018 20:21:17 GMT
The merger partners will struggle to match Comcast’s offer for Sky, but Disney might conclude it’s crucial to its expansion and Rupert Murdoch will be reluctant to part with a company he spent decades building.
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Profile: ‘In Italy, There Was the Pope and Then There Was Enzo Ferrari’ last updated on: Thu, 26 Apr 2018 20:32:11 GMT
A biography of the legendary Italian carmaker shines a light on the man and the automotive empire he built.
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YouTube Kids, Criticized for Content, Introduces New Parental Controls last updated on: Wed, 25 Apr 2018 19:00:04 GMT
Parents will be able to handpick the channels and topics their children can view on the app, which has been criticized for allowing disturbing content to slip through.
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What Amazon’s New Headquarters Could Mean for Rents last updated on: Wed, 25 Apr 2018 20:06:11 GMT
Winning the contest could mean a steeper increase in local housing costs over the next decade, a study finds. Nashville is already contemplating the impact.
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There’s No Smoking in Disney Films. What About When It Owns Fox? last updated on: Thu, 26 Apr 2018 20:41:07 GMT
Walt Disney Studios hasn’t released a movie that depicts smoking since 2015. Now antismoking activists want that rule extended to all films aimed at young audiences by Fox, which Disney is buying.
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Consumer Bureau Looks to End Public View of Complaints Database last updated on: Wed, 25 Apr 2018 19:07:43 GMT
The Consumer Financial Protection Bureau might grant the banking industry’s wish to take offline a public database of complaints against the industry.
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Former UBS Trader Is Cleared in ‘Spoofing’ Case last updated on: Thu, 26 Apr 2018 05:48:42 GMT
A jury in Connecticut federal court found a former UBS trader not guilty of market manipulation, dealing a blow to an attempted crackdown on Wall Street.
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Comcast Starts Bidding War With 21st Century Fox for Sky last updated on: Wed, 25 Apr 2018 22:16:14 GMT
A $30.7 billion offer for Sky puts the American cable giant in a takeover battle with Rupert Murdoch for control of the British broadcaster.
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Twitter Stays on an Upswing, With Its Second Straight Quarter of Profit last updated on: Thu, 26 Apr 2018 03:31:28 GMT
The social media service may not be adding new users at much of a clip, but its advertising-driven business seems to have stabilized.
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Is Facebook Serious About Its Clean Up?: DealBook Briefing last updated on: Wed, 25 Apr 2018 22:38:30 GMT
Facebook has promised to spend large sums policing its operations. Its first-quarter results indicate it has room to spend more.
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Closing of Philippine Tourist Hub Stirs Fears of Military Takeover last updated on: Thu, 26 Apr 2018 03:31:31 GMT
Tourists will be barred from the island of Boracay in what local officials call an overreaction by President Rodrigo Duterte to environmental threats.
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Kobe Steel Faces Japan Government Inquiry Over Data Scandal last updated on: Wed, 25 Apr 2018 08:31:08 GMT
The company said it would cooperate with “relevant authorities” over practices that cast a shadow over the country’s vaunted manufacturing abilities.
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MSNBC Host Joy Reid Blames Hackers for Anti-Gay Blog Posts, but Questions Mount last updated on: Wed, 25 Apr 2018 04:12:55 GMT
Ms. Reid, who apologized in December for old anti-gay posts, said newly surfaced writings were “manipulated” by “an unknown, external party.”
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Wanted at Chinese Start-Ups: Attractive Women to Ease Coders’ Stress last updated on: Wed, 25 Apr 2018 02:18:40 GMT
Some tech companies are hiring female “motivators” for a role that’s a mix of psychologist and cheerleader — to help overworked male programmers through conversation and massages.
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Facebook Replaces Lobbying Executive Amid Regulatory Scrutiny last updated on: Wed, 25 Apr 2018 16:34:19 GMT
Facebook shuffled its ranks in Washington as it confronts pressure from lawmakers over data privacy, election interference, misinformation and other issues.
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White Collar Watch: Supreme Court Continues to Narrow the Meaning of Obstruction last updated on: Tue, 24 Apr 2018 23:05:47 GMT
A recent ruling reinforced a message that it’s not enough to show that conduct may have had some tangential impact on a case like the investigation of Russian influence in the 2016 election.
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Supreme Court Upholds Procedure That’s Said to Combat ‘Patent Trolls’ last updated on: Tue, 24 Apr 2018 19:54:51 GMT
The justices ruled that the proceedings, which opponents say usurp the role of the federal courts, were a permissible way for the agency that administers patents to fix its mistakes.
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Grumpy Investors Can’t Find Anything to Look Forward To last updated on: Wed, 25 Apr 2018 02:20:14 GMT
A combination of disappointing corporate earnings and early signs that inflation could be accelerating pushed stock markets lower.
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Washington Wants to Weaken Bank Rules. Not Every Regulator Agrees. last updated on: Tue, 24 Apr 2018 19:10:18 GMT
Regulators are on the verge of reducing a post-crisis requirement that banks maintain a certain amount of capital based on their total size. That has put regulators at odds.
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Supreme Court Bars Human Rights Suits Against Foreign Corporations last updated on: Tue, 24 Apr 2018 18:16:38 GMT
Justice Anthony M. Kennedy said such suits should require explicit congressional authorization, with Justice Sonia Sotomayor countering that the court had created a double standard for corporations.
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