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World Business news from New York Times

NYT > Business Day
Ties to the N.R.A. Leave Companies Scrambling for Cover last updated on: Sat, 24 Feb 2018 04:43:51 GMT
Caught in an angry social media storm, a number of marketers have ended promotions linked to the N.R.A. But it’s unclear whether boycotts have a lasting impact.
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Facebook and Google Struggle to Squelch ‘Crisis Actor’ Posts last updated on: Sat, 24 Feb 2018 00:30:38 GMT
The tech companies vowed this week to stamp out conspiracy videos and misinformation on the Parkland, Fla., shooting. So far, they are falling short.
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Dropbox Files for I.P.O., and Other ‘Unicorns’ Are Watching last updated on: Sat, 24 Feb 2018 01:28:40 GMT
The online file storage company, part of a group of highly valued start-ups known as “unicorns,” said it planned to raise up to $500 million in a public offering.
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Patients Eagerly Awaited a Generic Drug. Then They Saw the Price. last updated on: Sat, 24 Feb 2018 00:00:17 GMT
Teva Pharmaceuticals announced it would sell a “lower-cost” alternative to Syprine, an old drug that costs more than $21,000. But the new generic version costs nearly as much.
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Anbang Takeover Sends Blunt Message: China Wants to Fix Its Debt Problem last updated on: Sat, 24 Feb 2018 01:11:35 GMT
The Chinese government’s move to tame an ambitious global deal maker reflects an official willingness to finally curb the country’s addiction to borrowing.
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What Is Anbang? A Primer on China’s Fallen Deal Maker last updated on: Sat, 24 Feb 2018 02:31:24 GMT
When the company bought the elegant Waldorf Astoria, few had heard of it — but its founder and many board members made the most of impressive connections.
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Wealth Matters: For Executives, Addiction Recovery in the Lap of Luxury last updated on: Fri, 23 Feb 2018 23:46:26 GMT
As the opioid crisis tightens its grip, an industry has sprung up to offer recovery programs for wealthy executives who seek treatment in a discreet environment.
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Your Money: The (Long) List of Financial Documents You Should Keep last updated on: Fri, 23 Feb 2018 22:06:02 GMT
Won’t be itemizing your deductions under the new tax bill? That doesn’t mean there won’t be piles of paper stacked up on your dining room table.
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Your Money Adviser: A New Tax Scam, and Tips on How to Deal With It last updated on: Sat, 24 Feb 2018 04:28:36 GMT
A big deposit from the I.R.S. unexpectedly shows up in your bank account. What should you do? First off, don’t spend it. You may be a victim of identity fraud.
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Profile: The Redemption of Chris Hughes last updated on: Sat, 24 Feb 2018 00:05:17 GMT
The Facebook co-founder’s rise was meteoric. He argues that the same forces that helped him succeed have made it harder for others. In a new book, “Fair Shot,” he proposes a bold solution.
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Experts Doubt Trump’s Infrastructure Plan Will Boost Economy last updated on: Sat, 24 Feb 2018 04:28:22 GMT
New studies suggest the president’s plan would foster as little as $20 billion in new infrastructure spending. The Trump administration claims $1.5 trillion.
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Trump Blames Video Games for Mass Killings. Researchers Do Not. last updated on: Fri, 23 Feb 2018 18:42:39 GMT
“I’m hearing more and more people say the level of violence on video games is really shaping young people’s thoughts,” the president said on Thursday.
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Walmart Aims for Affluent Customers With Online Mattress Brand last updated on: Sat, 24 Feb 2018 04:28:14 GMT
The retailing giant will sell the line of mattresses and bedding exclusively on a separate website as it works to strengthen its e-commerce business.
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DealBook Briefing: Dropbox Files to Go Public last updated on: Fri, 23 Feb 2018 22:14:51 GMT
The cloud storage company filed with the Securities and Exchange Commission for an initial public offering.
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Vocations: Catching Forgeries and Aiding Justice last updated on: Sat, 24 Feb 2018 05:01:21 GMT
As a forensic document examiner in civil and criminal cases, Alan Kreitl determines whether documents have been faked.
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At U.S. Urging, Pakistan to Be Placed on Terrorism-Financing List last updated on: Sat, 24 Feb 2018 01:02:02 GMT
The decision stunned Pakistani officials and could deliver a major blow to the nation’s economy.
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Chinese Auto Magnate Buys $9 Billion Stake in Daimler last updated on: Sat, 24 Feb 2018 04:28:19 GMT
The investment by Li Shufu, the chairman of the Geely automotive group, represents 9.69 percent of the German carmaker.
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Washington’s Fight Over Taxes Is Only Beginning last updated on: Fri, 23 Feb 2018 21:06:17 GMT
Never mind that “once in a generation” tax bill that passed last year. Congress is headed for years more of battles over taxes, particularly those for individuals.
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Book Entry: Review: How Corporate America Won Its Civil Rights last updated on: Fri, 23 Feb 2018 20:27:25 GMT
Professor Adam Winkler’s latest book tracks how American businesses earned much the same civil rights as individual citizens.
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Plumbing Problem Shows Powers and Limits of 3 Tax Programs last updated on: Fri, 23 Feb 2018 22:35:20 GMT
TurboTax, H&R Block and TaxAct all make filing easier, but they left our reviewer confused about what the I.R.S. would accept and what it would not.
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Heirs Inherit Uncertainty With New Estate Tax last updated on: Fri, 23 Feb 2018 20:14:38 GMT
Because the new exemption is on the books for only eight years, estates could face tax bills after 2026 for moves made under the new, temporary limits.
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The Tax Law Gives Municipal Bonds a New Allure last updated on: Fri, 23 Feb 2018 20:08:20 GMT
The new tax law limits state and local tax deductions. Muni bonds could reduce the pain for many people in high-tax states, but the market can be tricky.
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Can You Get Rich From the New Tax Law by Becoming a Company? last updated on: Fri, 23 Feb 2018 20:03:56 GMT
If you’re willing to take the risks of working for yourself, you could be able to reap the prodigious tax breaks in the new law. But the I.R.S. will be watching.
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Broadway Hits the Middle School Circuit last updated on: Fri, 23 Feb 2018 20:23:58 GMT
Adaptations of Broadway musicals to be performed by middle and high school students are becoming an increasingly important revenue stream for theater producers.
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Essay: The I.R.S. Really Doesn’t Want to Hear From You last updated on: Fri, 23 Feb 2018 19:59:46 GMT
The agency has been warning people about swindles and myths. The biggest myth is that people want any contact with the agency, except for getting tax refunds.
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Tips for Coping With the Changes in the Tax Code last updated on: Sat, 24 Feb 2018 01:38:42 GMT
The big question for taxpayers in 2017 isn’t how to file their current returns properly. It is how the new law will affect their taxes in next year’s returns.
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Top Chinese Official Plans U.S. Trip to Address Trade Friction last updated on: Sat, 24 Feb 2018 00:34:12 GMT
President Xi Jinping of China is sending Liu He, his top economic policy maker and a recent addition to the Politburo, to Washington on Tuesday.
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Geothermal Energy Grows in Kenya last updated on: Fri, 23 Feb 2018 18:52:43 GMT
Rapid expansion of geothermal energy generation has helped increase electrical access in Kenya. But the country faces challenges in making electricity widely available.
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Citi to Refund $330 Million to Credit Card Customers It Overcharged last updated on: Fri, 23 Feb 2018 17:48:38 GMT
Citigroup, one of country’s largest credit card issuers, said that customers holding 1.75 million accounts would receive average refunds of $190.
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Chief of Leading Investment Firm Steps Aside After Client Complaints last updated on: Sat, 24 Feb 2018 04:28:47 GMT
The Abraaj Group, a private equity investor in emerging markets, said it is removing its founder, Arif Naqvi, after clients questioned the firm’s governance.
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Strike Over, Air France Resumes Flights last updated on: Fri, 23 Feb 2018 16:30:12 GMT
The airline is slowly returning to normal but some passengers should anticipate delays.
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The Workologist: When to Mention the Kids last updated on: Fri, 23 Feb 2018 16:27:44 GMT
A job seeker worries about whether to disclose that she has two young children. There’s no one-size-fits-all answer, but here is the best way to think about the decision.
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From KFC, a 3-Letter Apology for Its U.K. Chicken Crisis last updated on: Sat, 24 Feb 2018 08:41:21 GMT
The company rearranged the letters in its name in an advertisement, and if a vowel was missing, the meaning was clear.
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Why Markets Have Gotten So Jumpy last updated on: Fri, 23 Feb 2018 10:01:05 GMT
To understand the wild swings on Wall Street, consider a farm town, a long drought and the cost of flood insurance
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These Goldfish Are 70 Percent Organic last updated on: Fri, 23 Feb 2018 10:00:44 GMT
I bought organic Goldfish and felt better about myself until I saw that the bag said, “These crackers are 70% organic.” Now I feel 70 percent better about myself.
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U.S. Blocks a Chinese Deal Amid Rising Tensions Over Technology last updated on: Sat, 24 Feb 2018 04:27:50 GMT
A maker of chip-testing equipment, Xcerra, said it was walking away from a proposed sale to a Chinese group because of regulatory concerns.
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Lowest Ever Black Jobless Rate Is Still Twice That of Whites last updated on: Fri, 23 Feb 2018 08:00:37 GMT
The unemployment rate for black workers hit its lowest point on record recently. But even a strong labor market has limits in spreading opportunity widely.
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Anna dello Russo, Street-Style Star, Decides to Move On last updated on: Fri, 23 Feb 2018 04:00:13 GMT
The Italian fashion editor, saying she wants a change, is auctioning some of her clothes this weekend.
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Beijing Takes Over Anbang, Insurer That Owns Waldorf Astoria last updated on: Fri, 23 Feb 2018 10:53:53 GMT
The troubled Chinese company had spent billions of dollars buying up hotels and other high-profile properties around the world.
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Takata Reaches Settlement With States Over Airbags last updated on: Fri, 23 Feb 2018 00:51:13 GMT
But the states said they would not collect the $650 million so that victims could get a bigger piece of the company’s remaining money.
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As Conservatives Gather, Anger at the News Media Runs Deep last updated on: Fri, 23 Feb 2018 01:32:22 GMT
The first panel of this year’s Conservative Political Action Conference took aim at the press, and the attacks did not let up from there.
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Bank and Enterprise Rent-a-Car to Cut Ties to N.R.A. After Customer Outcry last updated on: Fri, 23 Feb 2018 14:32:10 GMT
The First National Bank of Omaha said it would withdraw its N.R.A. Visa card, and Enterprise said it was ending a discount program for members of the gun-rights group.
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Toys ‘R’ Us, Seeking Stability, May Close 200 More Stores last updated on: Fri, 23 Feb 2018 06:19:07 GMT
The struggling toy retailer, facing pressure from Amazon and other competitors, is looking for a path to financial viability
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How the Air France Strike Could Affect Travel last updated on: Fri, 23 Feb 2018 18:13:08 GMT
Passengers around the world have faced disruptions. Here’s what you should know if you have an Air France ticket.
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Wheels: Sunroofs Are Growing in Size and Popularity. Rules Haven’t Kept Up. last updated on: Thu, 22 Feb 2018 20:12:49 GMT
More buyers are ticking the sunroof option box, and carmakers in search of an open-air feeling are making them bigger. Safety advocates see a problem.
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With Florida Shooting Survivors, N.R.A. Spokeswoman Holds Back. With Conservatives, It’s a Different Story. last updated on: Thu, 22 Feb 2018 23:00:49 GMT
The spokeswoman, Dana Loesch, spoke at the Conservative Political Action Conference a day after addressing those affected by the school shooting in Parkland, Fla.
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Common Sense: College Endowments Opt for Alternative, and Less Lucrative, Route last updated on: Thu, 22 Feb 2018 21:53:34 GMT
The allure of investment options like hedge funds and venture capital remains strong for universities, even though standard stock index funds have outperformed them in the last 10 years.
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