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home : ny times rss feeds : business November 18, 2017

A Hedge Fund Manager Committed Fraud. Would the U.S. Let Him Go?
Philip Baker admitted that he defrauded his hedge-fund clients. He was sentenced to 20 years in federal prison. Then he devised an escape plan.... More >>


When Unpaid Student Loan Bills Mean You Can No Longer Work
Twenty states suspend people’s professional or driver’s licenses if they fall behind on loan payments, according to records obtained by The New York Times.... More >>


In China, an Education in Dating
A new type of coach teaches courtship in a country where the one-child policy left a deficit of women and where flirting remains relatively new.... More >>


Retailers Experiment With a New Philosophy: Smaller Is Better
Department stores and other retailers struggling to beat back e-commerce are taking cues from online start-ups by experimenting with small showrooms.... More >>


Jet Pilot Might Not Seem Like a ‘Gig,’ but at Ryanair, It Is
The biggest European budget airline employs many of its pilots as contract workers — many of whom are pushing back after a recent flight cancellation episode erupted into a clash.... More >>


Apple Postpones Release of HomePod Speaker
Apple had said its HomePod speaker, a response to Amazon’s Echo, would debut this year. Now it won’t be released till early next year.... More >>


Wealth Matters: Tax Cuts for Small-Business Owners? It’s Complicated
The House bill may seem like a tax cut for small businesses, but it is not likely to bring much relief to many business owners.... More >>


Senate, Like House, Opts to Keep Tax Break for Rich That Trump Vowed to End
A provision in the House and Senate tax bills will change, but not close, the so-called carried interest tax loophole, which benefits wealthy people.... More >>


Media Memo: The Kochs Are Inching Closer to Becoming Media Moguls
As Charles and David Koch back the Meredith Corporation’s effort to buy Time Inc., some see a new way for them to advance their libertarian agenda.... More >>


Strategies: How to Profit From Time Warner’s Troubles
The Trump administration’s signals have hurt Time Warner shares. But there is money to be made if last month’s pricing was more accurate than today’s.... More >>


Retiring:
In Oregon, You Can Now Save for Retirement. Unless You Object.

The state is the first to have businesses that don’t offer their own plans automatically enroll workers for a payroll deduction. Workers can opt out.... More >>


Economic View: How Cutting Taxes Makes Life Worse for the Rich
Tax cuts that give rich people more money aren’t good for anyone, including the rich. Believing it will help them buy special things is a cognitive error.... More >>


Your Money: Confused by the Tax Bills? Be Glad You’re Not an Accountant
Pity the tax adviser trying to calm anxious clients while struggling to figure out what Congress may or may not do.... More >>


Mike and Nathaniel’s Week in Tech: Everybody Loves Bitcoin
In this week’s tech newsletter, Mike Isaac and Nathaniel Popper delve into the popularity of Bitcoin, and the new troubles at Twitter.... More >>


Trump Wants More Big Infrastructure Projects. The Obstacles Can Be Big, Too.
The president is pushing for repairs to the nation’s crumbling infrastructure, and he has promised to streamline government approvals. It still might not be enough.... More >>


News Analysis: At Bonn Climate Talks, Stakes Get Higher in Gamble on Planet’s Future
This year’s United Nations climate talks have wrapped up, and there were few signs that countries are inclined to take urgent action.... More >>


For the First Family of Pleasure Products, Toys Are Us
Once sold in seedy bookstores, sex toys are now a chic, “Made in America” business, instilling customers with brand loyalty.... More >>


What Happened (and Didn’t) at the Bonn Climate Talks
The 23rd United Nations climate talks ended early Saturday, kicking most big issues down the road until 2018.... More >>


Treaty to Phase Out ‘Greenhouse Gasses on Steroids’ to Enter Force
A global treaty to eliminate hydrofluorocarbons, a category of extremely potent planet-warming gasses, has cleared a key threshold and will enter into force.... More >>


Senate Tax Plan Includes Exemption for Private Jet Management
Senate Republicans included a provision in the tax proposal that would clarify a policy toward companies that help maintain private aircraft.... More >>


Milling 66 Acres of Oats (Every Hour) Without a Hitch
With the help of a “run right” board and a conveyor for traveling between floors, a shift lead keeps processes at Quaker Oats running smoothly.... More >>


Americans Are Watching Netflix at Work and in the Bathroom
Two-thirds admit to streaming movies and TV shows outside the home. And 12 percent who watch in public have done so in public restrooms.... More >>


China to Export Trumpchi Cars to U.S., Maybe With a New Name
GAC Motor wants to lead an export push as China prepares the rest of its auto industry to go global and, in particular, target the American market.... More >>


Island Nations, With No Time to Lose, Take Climate Response Into Their Own Hands
Island states that are least responsible for global emissions but most vulnerable to storms and rising seas are looking outside the United Nations process for aid.... More >>


DealBook Briefing: Corporate Taxes, Musk vs. Buffett, and Will Fox Strike a Deal?
Will companies invest their cash windfall from the Republican tax plans? Also, the Murdochs are in talks with suitors interested in pieces of their empire. But will they sell?... More >>


Myths of the 1 Percent: What Puts People at the Top
Dispelling misconceptions about what’s driving income inequality in the U.S.... More >>


How Clear Can Speed Up the Airport Screening Process
Clear uses biometric technology (fingerprints, iris scans) to help passengers get through security. Here’s how the program works.... More >>


China’s Soccer Push Puts a Storied Team Under Murky Ownership
Fans of Italy’s A.C. Milan greeted its new owner as a savior. Today, as the debt-burdened team bleeds money, questions swirl around its new benefactor.... More >>


Tesla Unveils an Electric Rival to Semi Trucks
Aiming to remake a multibillion-dollar industry, the automaker said it would have a semi for sale in two years that would be nearly self-driving.... More >>


Stitch Fix Prepares an I.P.O. in the Shadow of Amazon
The online retailer is a rarity: A start-up that has been profitable. But investors will have to decide if it can compete with the e-commerce behemoth.... More >>


In Puerto Rico, Law Passed for Fiscal Crisis Hampers Storm Recovery
When the hurricane-ravaged island needs Washington’s help most, 2016 legislation that set up an oversight board is restricting federal authority.... More >>


Comcast Said to Be in Talks to Buy 21st Century Fox Assets
The cable giant is discussing acquiring the Fox movie studio, the FX network, regional sports channels and a vast overseas TV distribution business.... More >>


Keystone Pipeline Leaks 210,000 Gallons of Oil in South Dakota
The spill in South Dakota comes just days before Nebraska regulators will decide on a permit needed for the proposed Keystone XL pipeline... More >>


Mulvaney Expected to Run Watchdog Agency He Wanted to Kill
Mick Mulvaney, the White House budget director, was a co-sponsor of a bill to shut down the Consumer Financial Protection Bureau.... More >>


Norway’s Wealth Fund Considers Divesting From Oil Shares
The move signals that the country, Europe’s top producer, does not have full confidence in oil’s future.... More >>


Common Sense: With AT&T and Time Warner, Battle Lines Form for an Epic Antitrust Case
The Justice Department is favoring divestiture, meaning CNN might have to go. But experts say many concerns can be addressed with “conduct remedies.”... More >>


A More Conciliatory Tone on Climate from the U.S. at Global Talks
In a brief address at the United Nations climate conference in Bonn, a State Department official mentions climate change and not coal, drawing (polite) applause.... More >>


The House and Senate Still Have Very Different Tax Bills. Here’s How They Compare.
The House tax bill, which passed on Thursday, is different in some significant ways from the Senate bill, which must still be voted on.... More >>


Who’d Gain From an Estate Tax Rollback: The 0.2 Percenters
Scarcely 5,000 estates a year fall under the tax, but those seeking to reduce or eliminate it have outsize influence.... More >>


Middle-Class Families Confront Soaring Health Insurance Costs
In Virginia, premiums on policies sold under the Affordable Care Act are pushing health coverage out of reach, and customers see political forces at work.... More >>


F.C.C. Opens Door to More Consolidation in TV Business
The agency voted to relax several rules, including allowing a company to own more than one of the top stations in a local market.... More >>


Breweries Find That Coffee Is Their Second Favorite Beverage
Beer makers around the country are taking on another brew — roasting coffee, opening cafes and working both ends of the day.... More >>


Wheels: The Near Future of Driving: Eyes Forward, but No Hands at 10 and 2
The Cadillac Super Cruise system is the latest in semiautonomous driving technology, allowing drivers to keep their hands off the wheel as long as they pay attention to the road.... More >>


With Big Gift and Tighter Oversight, the Met Gains Solid Ground
Coming off a tumultuous year, the museum is reducing its deficit and aiming to increase transparency. An $80 million donation helps.... More >>


DealBook Briefing: ‘Antitrust Is Law Enforcement, Not Regulation’
The Justice Department’s new antitrust chief Makan Delrahim laid out the principles that could guide a suit to block AT&T’s acquisition of Time Warner.... More >>


China Craves Electric Cars, While U.S. Flirts With Ending Tax Credit
As American lawmakers weigh a repeal, automakers are gathering in China, a country demanding they sell more electric cars.... More >>


U.N. Climate Projects, Aimed at the Poorest, Raise Red Flags
The Green Climate Fund was meant to help developing countries tackle climate change, but many of the most vulnerable nations have not seen any grants.... More >>


I.R.S. Starts to Enforce Health Law’s Rule That Employers Offer Insurance
Thousands of businesses, many of them small or midsize, will soon get a letter saying they owe penalties because they failed to offer qualifying insurance.... More >>




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


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