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World Business news from New York Times

NYT > Business Day
Equifax C.E.O. Richard Smith Is Out After Huge Data Breach last updated on: Tue, 26 Sep 2017 14:12:02 GMT
Mr. Smith faced intense criticism for a data breach that exposed the personal information of up to 143 million people, as well as Equifax’s response to the crisis.
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The Shift: Reddit Limits Noxious Content by Giving Trolls Fewer Places to Gather last updated on: Mon, 25 Sep 2017 19:09:06 GMT
A new study shows that the website reduced hate speech by shutting down two particularly poisonous forums. The findings could have implications for social networks like Twitter and Facebook.
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In Trump Era, Boeing Trade Case Boils Over Into ‘Multicountry Feud’ last updated on: Tue, 26 Sep 2017 02:41:59 GMT
World leaders have urged President Trump to intervene in a trade case that could reshape the aerospace industry.
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DealBook: Entrepreneur, Charged in U.S., Recounts Abuse in Colombia Prison last updated on: Tue, 26 Sep 2017 02:21:50 GMT
Kaleil Isaza Tuzman, whose securities fraud trial is to start in federal court in Manhattan next month, says he has already undergone a harrowing ordeal.
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Coming Soon to AMC Theaters: Virtual Reality Experiences last updated on: Tue, 26 Sep 2017 13:00:24 GMT
The theater chain has invested $20 million in the start-up Dreamscape Immersive and will open six locations offering V.R. experiences in the next 18 months.
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Disney Reimagines Its Stores to Be More Like a Vacation last updated on: Tue, 26 Sep 2017 07:01:13 GMT
With light-up Mickey ears, cotton candy and live-streamed theme park parades, Disney remakes its stores and offers a new web store, ShopDisney.com.
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A Piece of Obama’s Post-Presidential Life: Sandwiches and Speeches last updated on: Tue, 26 Sep 2017 02:28:35 GMT
A spate of paid addresses, with fees that have hit $400,000, provide an indication of how Mr. Obama is navigating moneymaking opportunities.
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China Blocks WhatsApp, Broadening Online Censorship last updated on: Mon, 25 Sep 2017 18:59:48 GMT
With a crucial Communist Party meeting just weeks away, Beijing is further tightening its already formidable internet controls.
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Uber C.E.O., Reacting to London Ban, Apologizes for ‘Mistakes’ last updated on: Mon, 25 Sep 2017 19:32:44 GMT
Dara Khosrowshahi said in an open letter that the ride-hailing service had “got things wrong.” The company will appeal a decision over its right to operate in London.
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Alternate Site for Conferences: Movie Theaters last updated on: Mon, 25 Sep 2017 23:03:13 GMT
They’ve come a long way from the days of sticky floors and uncomfortable seats. Many offer extensive food offerings and the technology used for 3-D films.
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Target Raises Base Pay to $11 an Hour Heading Into Holidays last updated on: Mon, 25 Sep 2017 22:28:30 GMT
Target, which plans to raise base pay to $15 an hour by 2020, aims to hire 100,000 seasonal workers during a tight labor market for retailers.
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Exxon Aims to Cut Methane Leaks, a Culprit in Global Warming last updated on: Mon, 25 Sep 2017 22:27:23 GMT
The move by the nation’s biggest natural gas producer was hailed by an environmental activist as a welcome step in mitigating climate change.
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Mediator: Colbert, Kimmel and the Politics of Late Night last updated on: Mon, 25 Sep 2017 01:59:35 GMT
Once a refuge from the worries of the workday, late night TV shows and other avenues of entertainment, like sports, are forcing Americans to take sides.
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Tech Stocks Power Wall St. At Open last updated on: Tue, 26 Sep 2017 14:12:30 GMT
A bounce in tech stocks, led by Apple and Nvidia, lifted the three major indexes on Tuesday.
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Yahoo Co-Founder Gives $25 Million to San Francisco’s Asian Art Museum last updated on: Tue, 26 Sep 2017 13:00:23 GMT
Jerry Yang’s gift, made with his wife, Akiko Yamazaki, is the largest in the history of the museum.
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CAA Talent Agency Gets a Big New Investor: DealBook Briefing last updated on: Tue, 26 Sep 2017 11:35:44 GMT
Temasek of Singapore is set to take a minority stake in CAA, as it competes to expand globally and into the digital realm.
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Feature: How Fake News Turned a Small Town Upside Down last updated on: Tue, 26 Sep 2017 09:00:02 GMT
At the height of the 2016 election, exaggerated reports of a juvenile sex crime brought a media maelstrom to Twin Falls — one the Idaho city still hasn’t recovered from.
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Reinventing Givenchy last updated on: Tue, 26 Sep 2017 04:01:02 GMT
Clare Waight Keller, the house’s first female artistic director, has a lot riding on her debut show Sunday.
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At Tales of the Cocktail, the Founder Steps Down last updated on: Mon, 25 Sep 2017 19:58:50 GMT
Ann R. Tuennerman, the founder of the annual cocktail convention in New Orleans, has resigned following a controversy that began with a Mardi Gras costume.
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Unilever to Buy Carver, Korean Cosmetics Company, in Bid for Asian Growth last updated on: Mon, 25 Sep 2017 23:50:05 GMT
The $2.7 billion deal highlights the conglomerate’s efforts to expand into fast-growing products like skin care.
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Cardi B’s ‘Bodak Yellow’ Makes Its Move to No. 1 last updated on: Mon, 25 Sep 2017 17:28:23 GMT
The rapper’s song displaced Taylor Swift from the top of the Hot 100 while Foo Fighters’ “Concrete and Gold” debuted at No. 1 on the album chart.
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Class Divide: How Did Marriage Become a Mark of Privilege? last updated on: Tue, 26 Sep 2017 00:32:43 GMT
Liberals fault the economy for the drop in marriage among the less educated, while conservatives blame changing values. Both may be on to something.
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Pain for N.F.L. Partners; German Elections: DealBook Briefing last updated on: Mon, 25 Sep 2017 11:48:15 GMT
While many players and owners rebuked President Trump’s comments on protests, ratings declines could mean trouble for broadcasters and sponsors.
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A Battle to Save the World’s Favorite Treat: Chocolate last updated on: Mon, 25 Sep 2017 09:00:37 GMT
In Costa Rica, researchers are cloning cacao hybrids resistant to frosty pod rot, a blight that has spread throughout Latin America.
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Nothing Is Too Strange for Cities Wooing Amazon to Build There last updated on: Mon, 25 Sep 2017 21:09:05 GMT
Officials and business leaders across North America are going to extreme lengths to court Amazon to put its second headquarters in their city.
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Swiss Firm ABB to Buy G.E.’s Industrial Solutions Business for $2.6 Billion last updated on: Mon, 25 Sep 2017 23:30:05 GMT
The deal comes as new General Electric chief executive John L. Flannery conducts a review of each of its businesses.
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As China Piles on Debt, Consumers Seek a Piece of the Action last updated on: Tue, 26 Sep 2017 02:01:17 GMT
Mortgage and credit card balances are surging, helping Chinese households reach the middle class but adding to the country’s borrowing binge.
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Industry Under Pressure Gathers for Ad Week and a Deadline for Google last updated on: Mon, 25 Sep 2017 01:00:12 GMT
Advertising Week sends marketing professionals to Manhattan and Google’s shopping service must provide a level playing field in Europe.
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Regulator Wants Financial Industry to Self-Report Wrongdoing last updated on: Mon, 25 Sep 2017 00:00:17 GMT
The Commodity Futures Trading Commission, an aggressive Wall Street watchdog under President Obama, hopes companies will be lured with smaller penalties.
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68 Things You Cannot Say on China’s Internet last updated on: Sun, 24 Sep 2017 23:33:12 GMT
China’s censorship system is expanding forbidden topics far beyond politics, in line with President Xi Jinping’s prim, paternalistic vision for the “China dream.”
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Treasury Auctions Set for the Week of Sept. 25 last updated on: Sun, 24 Sep 2017 21:03:38 GMT
The following tax-exempt fixed-income issues are scheduled for pricing this week.
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Movie’s Ads Protest Rules Restricting Gay Men From Donating Blood last updated on: Sun, 24 Sep 2017 19:29:03 GMT
To promote “Jigsaw,” Lionsgate is introducing a fan blood drive and taking aim at contentious federal regulations that add restrictions for gay men.
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‘Lego Ninjago’ Fizzles, Leaving ‘Kingsman’ Sequel a Soft No. 1 last updated on: Sun, 24 Sep 2017 18:10:02 GMT
“Kingsman: The Golden Circle” collected $39 million in North America, a bit less than expected. “Ninjago” marked a new low for the Lego movie series.
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Trump’s Comments on N.F.L. and Stephen Curry Draw Intense Reaction last updated on: Sun, 24 Sep 2017 14:38:16 GMT
After the president took aim at N.F.L. players and the N.B.A. star Stephen Curry, athletes and celebrities reacted on Twitter with strong words.
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One Surprise Standout for Uber: Food Delivery last updated on: Sat, 23 Sep 2017 18:56:51 GMT
Despite a late start, the company’s foray into delivering food, a cutthroat $100 billion-plus service industry, eclipses ride hailing in some markets.
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Yellen and Cohn Said to Be on Shortlist to Lead Federal Reserve last updated on: Sat, 23 Sep 2017 16:36:52 GMT
Less than five months before Janet Yellen’s term as Fed chairwoman expires, she’s being considered for a second term. But so are several others.
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Push for Gender Equality in Tech? Some Men Say It’s Gone Too Far last updated on: Mon, 25 Sep 2017 19:25:33 GMT
After revelations of harassment and bias in Silicon Valley, a backlash is growing against the women in tech movement.
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As Equifax Amassed Ever More Data, Safety Was a Sales Pitch last updated on: Sat, 23 Sep 2017 15:09:38 GMT
The data breach highlighted just how entrenched the credit bureau is in the lives of Americans, and consumers’ lack of control over their personal information.
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The Not-So-Glossy Future of Magazines last updated on: Sat, 23 Sep 2017 14:39:37 GMT
A spate of departures by celebrity editors suggests that the romance of the industry has faded, as magazines grasp for new revenue streams.
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How to Survive the Apocalypse last updated on: Mon, 25 Sep 2017 19:04:58 GMT
Amid natural disasters, terrorist attacks and the North Korea nuclear crisis, it is not just camouflage-clad cave dwellers who are prepping for doomsday.
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Deals in Code, Arrests in Raids: The Risky Stakes of Oil Middlemen last updated on: Sun, 24 Sep 2017 16:08:05 GMT
A go-to agent in a lucrative industry that depends on global connections speaks up about allegations that it earned millions through graft.
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Disney Plays Hardball in Cable Talks With Altice last updated on: Sat, 23 Sep 2017 03:25:21 GMT
Millions of viewers on Long Island and in Connecticut and New Jersey could see ESPN and ABC go dark if an agreement with a cable distributor is not reached.
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Facebook Drops Stock Move That Would Have Solidified Zuckerberg’s Control last updated on: Sat, 23 Sep 2017 18:57:35 GMT
The social network’s board withdrew a stock reclassification proposal after a shareholder suit that would have put Mr. Zuckerberg in a courtroom.
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Morgan Freeman Angers Russians Over Video About 2016 Election last updated on: Sat, 23 Sep 2017 00:04:27 GMT
A Russian news outlet called the actor an “American propaganda loudspeaker” after he appeared in a video accusing Russia of undermining last year’s election.
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PwC, the Accounting Giant, Will Open a Law Firm in the U.S. last updated on: Fri, 22 Sep 2017 22:14:19 GMT
The company formerly known as PricewaterhouseCoopers sees one-stop access to its services as a way to attract multinational businesses based in America.
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State of the Art: On Russian Meddling, Mark Zuckerberg Follows a Familiar Playbook last updated on: Fri, 22 Sep 2017 22:33:00 GMT
Mr. Zuckerberg’s modus operandi as a leader is to fix things long after they have broken, rather than to prevent problems in the first place.
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Wealth Matters: For an Investment That Sparkles, Consider Tiffany or Cartier last updated on: Sat, 23 Sep 2017 04:23:34 GMT
Jewelry with the most investment potential has a level of craftsmanship plus scarcity that makes it stand out from other baubles.
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Pete Turner, Whose Color Photography Could Alter Reality, Dies at 83 last updated on: Fri, 22 Sep 2017 22:44:58 GMT
With saturated colors, often on global assignments, Mr. Turner created spectacular images, some for the covers of record albums.
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