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home : ny times rss feeds : business September 30, 2016

Offshore Wind Farms See Promise in Platforms That Float
Engineers look to floating platforms to enable wind turbines to move into deeper waters farther from the coast.... More >>

Wall St. Rises on Consumer Stock Gains
Shares of Cognizant Technology Solutions tumbled after the company said it was investigating possible bribes paid to officials in India.... More >>

Deutsche Bank Troubles Raise Fear of Global Shock
As investors’ concerns of another crisis are stoked, the arithmetic is less important than fears about the impotence of European authorities.... More >>

Wells Fargo’s Reaction to Scandal Fails to Satisfy Angry Lawmakers
John Stumpf, the bank’s leader, told lawmakers the sham accounts were an ethical lapse limited to the 5,300 low-level employees, who were fired.... More >>

Laurene Powell Jobs Invests in Production and Talent Management Firm
The investment will enable the firm, Anonymous Content, to be more aggressive in making programming aimed at compelling social change.... More >>

Brands to Ad Agencies: Diversify or Else
Concerned that agencies’ largely white and male leadership is hindering efforts to connect with American consumers, some companies threaten to walk.... More >>

U.S. Paid Insurers Funds Meant for Treasury, Auditors Say
Federal auditors ruled that the Obama administration had violated the law by paying insurers more than allowed under the Affordable Care Act in an effort to hold down insurance premiums.... More >>

Leaderless and Underfunded, N.J. Transit Had Troubles Well Before Fatal Crash
The agency has been operating without an executive director for nearly a year and has not explained how it will close a $45 million gap in its budget.... More >>

Och-Ziff to Pay Over $400 Million in Bribery Settlement
OZ Africa Management, a unit of the hedge fund, pleaded guilty to bribing officials in Libya, Chad, Niger, Guinea and the Democratic Republic of Congo.... More >>

In Letter, Redstones Urge Viacom and CBS to Explore Merger
The media mogul Sumner Redstone and his daughter, Shari Redstone, are suggesting an all-stock transaction that would leave them firmly in control.... More >>

Rosetta Mission Ends With Spacecraft’s Dive Into Comet
The vessel shut down and landed with a soft belly-flop onto Comet 67P/Churyumov-Gerasimenko at a speed of two miles per hour.... More >>

Nutanix, a Cloud-Based Business, Soars in I.P.O.
Shares of the company, one of the few venture capital-backed start-ups with a valuation greater than $1 billion to go public this year, rose 66 percent.... More >>

Harvard Hires New Endowment Manager From Columbia
The appointment of N.P. Narvekar, who has overseen the impressive growth of Columbia’s endowment, follows several years of lagging returns for Harvard’s investments.... More >>

Ex-A.I.G. Chief Parries Inquiries on Offshore Reinsurer in Fraud Trial
The state contends Capco was a sham used to convert into investment losses $163 million in auto insurance losses, duping investors.... More >>

U.S. Will Require Its Contractors to Provide Paid Sick Leave
The rule, which is estimated to directly affect more than 1.1 million people, will enable workers to accrue up to seven days for medical care for themselves or relatives.... More >>

Law on Disparaging Trademarks Gets Supreme Court Review
The case involves an Asian-American dance-rock band called the Slants, but it also has implications for the Washington Redskins.... More >>

Drop in U.S. Consumer Spending Clouds Fed Rate Hike Outlook
U.S. consumer spending fell in August for the first time in seven months while inflation showed signs of accelerating, mixed signals that could keep the Federal Reserve cautious about raising interest rates.... More >>

Costco Should Pay $5.5 Million for Selling Fake Tiffany Rings: U.S. Jury
Costco Wholesale Corp should hand over $5.5 million to compensate Tiffany & Co for selling counterfeit Tiffany diamond engagement rings, a federal jury said on Thursday.... More >>

IBM to Acquire Promontory, a Financial Consulting Firm
IBM said that Promontory, which advises banks on regulatory matters, would mesh with its own offerings, including its Watson artificial intelligence platform.... More >>

Salesforce Is Said to Question Microsoft-LinkedIn Deal in Europe
Salesforce, a San Francisco tech company, is said to have questioned whether Microsoft’s takeover of LinkedIn might hinder consumer choice and access to data.... More >>

Microsoft Reorganizes Its Research Efforts Around A.I.
The company will combine its vaunted research group with the unit focused on products that use artificial intelligence, like Bing and Cortana.... More >>

R.B.S. to Rename Investment Bank as It Walls Off Retail Units
The lender plans to group the majority of its British and Western European retail banking operations in a separate entity by the end of 2018.... More >>

Qualcomm Is Said to Be in Talks to Buy NXP Semiconductors
A merger of the two companies would be the latest consolidation in the chip-making industry and could be valued at over $30 billion.... More >>

Common Sense: Keep the Tax Returns, Trump; Just Give Us a Few Figures
Mr. Trump’s adjusted gross income and actual federal taxes paid for the past five years are numbers that any taxpayer can understand.... More >>

Dining In: Homemade Chili Gains Ground on Chili’s
Cheaper groceries, meal kit services and a turn toward more healthful fare have contributed to falling sales at some big restaurant chains.... More >>

How to Pick the Best Credit Card, Based on Rewards
A guide to some of the most recommended cards and the online comparison tools to help you choose.... More >>

Wealth Matters: How Rich Couples Who Aren’t Pitt and Jolie Manage Their Divorces
Financial advisers and lawyers say the easiest negotiations usually involve joint parenting pacts and solid prenuptial agreements.... More >>

Economic View: Debate Night Message: The Markets Are Afraid of Donald Trump
An analysis of financial markets during the debate last Monday suggests stocks would lose 10 to 12 percent of their value if Donald Trump won the election.... More >>

Fair Game: Executive Pay Clawbacks Are Gratifying, but Not Particularly Effective
Despite clawback provisions at a number of companies, their actual use is somewhat rare — and they aren’t particularly effective.... More >>

China Manipulates Its Currency, but Not in the Way Trump Claims
Various forces are trying to push down the value of the Chinese currency. But Beijing — in a reversal of previous policies — is trying to shore it up.... More >>

Sinosphere: U.S. Lawmakers Urge Greater Scrutiny of Chinese Corporate Purchases
Sixteen members of Congress are raising questions over the foreign acquisition of American movie theaters and studios.... More >>

Coachella Classic: A Festival for Rock Giants and Their Aging Fans
Desert Trip will feature the likes of Bob Dylan, the Rolling Stones and Neil Young, tickets top out at $1,600 and it may never be staged again.... More >>

Your Money Adviser: Fannie Mae Is Now Getting More Detailed Information on Borrowers
The financing giant will be getting a fuller credit picture of borrowers, including whether they pay off credit card bills in full or just the minimum.... More >>

State of the Art: A High-Stakes Bet: Turning Google Assistant Into a ‘Star Trek’ Computer
Google is threatened by the decline of web search, so it’s making a bold bet on what comes next: an all-knowing digital helper.... More >>

For Some Newspapers, Endorsing Clinton Means Losing Subscribers
The Arizona Republic on Tuesday joined several other publications that had broken long traditions of backing Republicans for president.... More >>

More Wealth, More Jobs, but Not for Everyone: What Fuels the Backlash on Trade
Trade is under attack in much of the world, because economists failed to anticipate the accompanying joblessness, and governments failed to help.... More >>

Corner Office: Cindy Whitehead: No Nickname? Just Leave That to Me
The leader of a company that advises women in business builds staff unity by giving her employees nicknames based on the stories they tell over time.... More >>

Tech Tip: A Health Checkup for Your Laptop Battery
Lithium-ion batteries don’t last forever, but there are ways to find out your battery’s current condition.... More >>

How Do You Make Turbo Engines More Efficient? Just Add Water
Water injection technology is well-known, but has not caught on in consumer autos. Bosch is betting that environmental regulations will help it go mainstream.... More >>

Driven: Video Review: With Genesis, Hyundai Brings a New Luxury Brand to Town
The Genesis has been Hyundai’s upmarket sedan. Now the name has become the automaker’s luxury brand, spiffing up that car and adding the flagship G90.... More >>

Mary Weber Novak, Top California Vintner, Dies at 84
Ms. Novak took over Spottswoode, her family’s vineyard, and turned it into a top producer of cabernet sauvignon and sauvignon blanc.... More >>

Feature: How Donald Trump Set Off a Civil War Within the Right-Wing Media
Since the candidate clinched the nomination, the green room has become a chilly place.... More >>

Fair Game: Your Mutual Fund Has Your Proxy, Like It or Not
If you invest with a large fund manager, chances are good that your objections to common corporate practices are not getting through.... More >>

Phone Makers Could Cut Off Drivers. So Why Don’t They?
Apple and digital giants have developed potentially lifesaving technology to block texting while driving, but it’s still not being deployed.... More >>

In Australia, China’s Appetite Shifts From Rocks to Real Estate
China’s breakneck growth fueled an iron ore boom in Western Australia. Now, Chinese investors are fleeing a cooling economy by investing in Australian homes.... More >>

Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR

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