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World Business news from New York Times

NYT > Business
Huawei Risks to Britain Can Be Blunted, U.K. Official Says, in a Rebuff to U.S. last updated on: Wed, 20 Feb 2019 20:03:45 GMT
A top security official outlined an alternative approach to the Trump administration’s call to keep the Chinese company Huawei out of 5G networks.
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Wall Street, Seeking Big Tax Breaks, Sets Sights on Distressed Main Streets last updated on: Wed, 20 Feb 2019 22:02:40 GMT
Hedge funds and other wealthy investors are plowing money into so-called opportunity zone funds, a creation of the 2017 tax law that provides incentives for spending on projects in poor areas.
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Tesla’s Top Lawyer Is Leaving. His Tenure at the Company: Two Months. last updated on: Thu, 21 Feb 2019 00:22:59 GMT
The departure, one of dozens by senior executives in recent years, is the latest turbulence in the months since federal regulators sued the carmaker.
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Advertisers Boycott YouTube After Pedophiles Swarm Comments on Videos of Children last updated on: Thu, 21 Feb 2019 00:08:34 GMT
Google said it had deleted the accounts and channels of people leaving the comments in question, but acknowledged “there’s more to be done.”
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Fed Explains Pause as Officials Debate Future Rate Increases last updated on: Wed, 20 Feb 2019 23:57:43 GMT
The Fed released minutes of its January meeting showing officials continued to express confidence in the economy but saw enough warning signs to warrant a pause in rate increases.
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Tech Fix: What’s Next for Smartphones? Here Are a Few Answers last updated on: Wed, 20 Feb 2019 20:30:45 GMT
For a glimpse of what’s coming, look to Samsung’s newly unveiled Galaxy phones. One of the models works with 5G wireless networks, while another folds up like a book.
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Russian Hackers Targeted European Research Groups, Microsoft Says last updated on: Thu, 21 Feb 2019 00:15:10 GMT
The attacks, which come ahead of elections in May, reflect the spread of a broad online campaign linked to Moscow to disrupt its political opponents.
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This Legislation Could Force Stores to Take Your Cash last updated on: Wed, 20 Feb 2019 17:22:20 GMT
The bills come amid a trend toward “cash-free” stores, which supporters say are more convenient. Critics counter that they discriminate against the poor.
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Wall Street Ends Up Slightly as Fed Minutes Support Cautious Stance last updated on: Wed, 20 Feb 2019 21:47:13 GMT
U.S. stocks ended higher on Wednesday after minutes from the Federal Reserve's last meeting reaffirmed for investors that the U.S. central bank would be "patient" with respect to further interest rate hikes.
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Lyft Sets Crucial Date in Race to I.P.O. last updated on: Thu, 21 Feb 2019 00:34:34 GMT
Hoping to beat Uber to the market, Lyft plans to talk up its offering to investors, known as the roadshow, in mid-March and go public in early April.
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CNN Is Criticized for Hiring Trump Administration Aide as a Political Editor last updated on: Wed, 20 Feb 2019 22:45:57 GMT
Sarah Isgur Flores, a Republican spokeswoman who worked for Jeff Sessions at the Justice Department, is making the leap to a news role with the network.
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The Medical Tech that Helps You When Your Doctor Can’t last updated on: Wed, 20 Feb 2019 22:30:09 GMT
A new breed of tech company wants to fill the gaps between you, your doctor and your health insurance.
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French Court Fines UBS $4.2 Billion for Helping Clients Evade Taxes last updated on: Wed, 20 Feb 2019 23:43:23 GMT
The banking giant said it would appeal the ruling, which found that lavish perks had been used to entice wealthy French clients into opening Swiss accounts.
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Estonia Orders Danske Bank Out After Money-Laundering Scandal last updated on: Wed, 20 Feb 2019 20:04:15 GMT
Regulators said the uproar over the Danish lender, centered on its branch in Tallinn, had tarnished Estonia’s financial market.
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Oil Companies May Be Complicit in Atrocities in South Sudan, U.N. Panel Says last updated on: Wed, 20 Feb 2019 17:55:15 GMT
Despite a peace agreement, war crimes continue, including mass rape and forcible displacement of thousands of people, a rights commission reported.
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Work Friend: Everything Is Temporary last updated on: Wed, 20 Feb 2019 15:51:24 GMT
Life is short. Work is long. Now go and get some beauty rest.
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Do Writers Deserve Respect? Some Say Yes last updated on: Wed, 20 Feb 2019 15:04:22 GMT
The New York Public Library celebrated the foundational texts of the American gay rights movement, and also writers were rewarded with awards for writing at the 71st Annual Writers Guild Awards.
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DealBook Briefing: The Big Problems Facing the Trade Talks last updated on: Wed, 20 Feb 2019 11:51:10 GMT
This week’s trade negotiations between the U.S. and China must bridge a lot of gulfs — including concerns over currency stability.
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For Gamers With Disabilities, Creative Controllers Open Worlds last updated on: Wed, 20 Feb 2019 14:28:01 GMT
An industrious community has for years devised workarounds to play video games. Microsoft’s new adaptive controller may allow even more people to play with their face, elbows and feet.
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McKinsey Will Return $15 Million in Fees Over Disclosure Failures last updated on: Wed, 20 Feb 2019 00:37:11 GMT
The consulting company settled with the Justice Department unit that oversees the bankruptcy system. But the creditor allegations that led to the settlement are still before a judge.
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Democrats Want to Tax the Wealthy. Many Voters Agree. last updated on: Wed, 20 Feb 2019 00:19:42 GMT
A proposal to tax wealth finds support across party lines, along with the premise that the government should combat inequality.
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Square Feet: Boston’s Work Force Draws Sneaker Brands. New Offices Raise the Competition. last updated on: Tue, 19 Feb 2019 22:38:30 GMT
Several athletic shoe companies have opened dazzling headquarters in the Boston area, as they vie for the most creative shoe and apparel designers.
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Housing Is Already in a Slump. So It (Probably) Can’t Cause a Recession. last updated on: Tue, 19 Feb 2019 22:12:45 GMT
A decline in residential real estate has led several recessions. With construction still in a multiyear slump, it seems unlikely to be the culprit this year.
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in her words: Finding Clothes, and Identity, Outside Men’s and Women’s Wear last updated on: Wed, 20 Feb 2019 22:21:42 GMT
More clothing companies are trying to meet the demands of a changing clientele, offering gender-bending, gender-fluid and gender-neutral items.
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After Karl Lagerfeld, What’s Next for Chanel and Fendi? last updated on: Tue, 19 Feb 2019 23:23:10 GMT
The designer dominated the creative side of two of fashion’s best-known names for decades. Now they must confront a post-Lagerfeld future at a time of heightened flux in the global luxury market.
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Post-Gazette Appoints Writer of ‘Reason as Racism’ Editorial as Its Newsroom Leader last updated on: Tue, 19 Feb 2019 20:25:01 GMT
Stormy times continue at the Pittsburgh daily, where the publisher and newsroom employees are at odds.
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The Kings of the Dollar Slice Build a Better Pizza last updated on: Wed, 20 Feb 2019 19:49:31 GMT
Looking for prestige, New York’s masters of the fast, cheap lunch have opened a slice shop that prizes fresh mozzarella, homemade sausage and sourdough starter.
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Culinary Arts: My Lifelong Obsession With the McRib last updated on: Tue, 19 Feb 2019 16:41:39 GMT
One man’s dogged pursuit of a McDonald’s specialty sandwich.
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DealBook Briefing: Meet McKinsey’s Secretive Investment Fund last updated on: Tue, 19 Feb 2019 15:42:17 GMT
The company’s $12.3 billion investment fund is coming under scrutiny over potential conflict of interest.
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As McKinsey Sells Advice, Its Hedge Fund May Have a Stake in the Outcome last updated on: Wed, 20 Feb 2019 00:59:25 GMT
The world’s most prestigious consulting firm has a secretive $12.3 billion investment arm, prompting questions about conflicts of interest.
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Kaiser Permanente’s New Medical School Will Waive Tuition for Its First 5 Classes last updated on: Tue, 19 Feb 2019 09:15:05 GMT
By eliminating the financial burden of a medical education, the school hopes that more students will choose family medicine and other vital but lower-paid specialties.
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Amazon Resets Its Film Operation After Rough Year at Box Office last updated on: Tue, 19 Feb 2019 00:10:57 GMT
The tech giant put “too much focus” on art-house fare, said Jennifer Salke, the head of Amazon Studios. It will now focus more on films for a broader audience, including “sexy date-night movies.”
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When Your Hotel Is Overbooked, You Might Be ‘Walked’ to Another last updated on: Tue, 19 Feb 2019 04:47:36 GMT
The industry practice of rebooking a guest at another hotel is not new. But experts say it’s on the rise, as occupancy rates are up.
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Honda Confirms Plan to Leave Britain as Brexit Looms last updated on: Tue, 19 Feb 2019 09:21:28 GMT
The Japanese automaker, which employs 3,500 at its Swindon, England, plant, is set to close the site by 2021.
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A Real Tube Carrying Dreams of 600-M.P.H. Transit last updated on: Mon, 18 Feb 2019 19:23:35 GMT
Virgin Hyperloop One is testing a system that would put passengers in pods hurtling through vacuum tubes. Other companies are moving ahead with similar plans.
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Facebook Targeted in Scathing Report by British Parliament last updated on: Tue, 19 Feb 2019 04:46:02 GMT
New government regulation of Silicon Valley is needed, a parliamentary committee concluded after an 18-month investigation.
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Galleries From A to Z Sued Over Websites the Blind Can’t Use last updated on: Tue, 19 Feb 2019 20:01:42 GMT
The number of lawsuits nationwide nearly tripled in 2018. Is it an overdue move for the rights of the disabled or a way for lawyers to make a quick buck?
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New York City to Ban Discrimination Based on Hair last updated on: Thu, 21 Feb 2019 01:01:36 GMT
New guidelines out this week give legal recourse to individuals who have been harassed, punished or fired because of the style of their hair.
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In Bid to Conquer Oscars, Netflix Mobilizes Savvy Campaigner and Huge Budget last updated on: Mon, 18 Feb 2019 01:22:15 GMT
Lisa Taback, who worked with Harvey Weinstein on awards campaigns for best picture winners like “The Artist” and “The King’s Speech,” is in charge of the lavish effort behind “Roma.”
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Brexit: For Wall Street Banks in London, It’s Moving Time last updated on: Mon, 18 Feb 2019 10:07:31 GMT
One thing is clear about the legacy of Brexit: Financial services will be spread across Europe, with no one city again dominating the financial arena as London has.
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With Interest: The Week in Business: Amazon Breaks Up With New York, and Warren Buffett Takes Stock last updated on: Sat, 16 Feb 2019 18:51:57 GMT
Plus, tax season brings bad news, and the Fed offers more clues about its change of heart.
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Payless Shoes to Shut All U.S. Stores and Wind Down Online Operation last updated on: Sat, 16 Feb 2019 23:47:25 GMT
The once-popular seller of inexpensive women’s footwear was a staple in many suburban shopping malls. But it struggled to stay relevant.
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In Amazon Fight, Progressives Showed What They Want: A New Economic Agenda last updated on: Sat, 16 Feb 2019 16:43:31 GMT
The clash has consequences beyond New York, going to the heart of a national debate likely to dominate the 2020 election: What is the best way to spread prosperity?
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For Some 2020 Democrats, Rejection of Amazon Aligns With Liberal Policy Views last updated on: Sat, 16 Feb 2019 16:03:24 GMT
Candidates like Elizabeth Warren and Bernie Sanders were quick to praise New Yorkers who rebelled at the idea of giving tax breaks to a huge corporation.
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A Man in Florida Mistakenly Received a $980,000 Tax Refund, and Officials Say He Tried to Keep It last updated on: Sat, 16 Feb 2019 13:56:16 GMT
An incorrect tax return led to a huge check for a 29-year-old resident of Tampa, Fla., according to a forfeiture complaint filed by the federal government.
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Watch Out. Tax Season Is Even More Stressful Than Usual. last updated on: Sat, 16 Feb 2019 10:00:12 GMT
With millions of people filing tax returns under a new tax law and after a long government shutdown, this is a challenging year. We offer survival tips and extensive coverage.
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A Mother Learns the Identity of Her Child’s Grandmother. A Sperm Bank Threatens to Sue. last updated on: Sat, 16 Feb 2019 10:00:11 GMT
The results of a consumer genetic test identified the mother of the man whose donated sperm was used to conceive Danielle Teuscher’s daughter. Legal warnings soon followed.
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All Oscars Will Be Shown Live, Academy Says in a Reversal last updated on: Sat, 16 Feb 2019 01:09:23 GMT
Four Academy Awards were going to be handed out during commercial breaks and aired later in a shorter form, but an uproar forced the latest retreat by the organization behind the show.
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