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home : ny times rss feeds : global business July 27, 2017

Discovery Said to Be in Final Stages of Talks to Acquire Scripps
Viacom’s exit clears the path for Discovery Communications to strike a deal to buy the owner of Food Network and HGTV.... More >>

Libor Brought Scandal, Cost Billions — and May Be Going Away
Regulators want to replace the reference interest rate, which underpins over $350 trillion in financial products, by 2021.... More >>

Falling Tech Stocks Pull US Indexes Off Their Record Highs
U.S. stock indexes pulled back from their record highs Thursday after an afternoon swoon for technology companies helped overshadow another big day for telecoms.... More >>

Move Over, Bill Gates. Jeff Bezos Gets a Turn as World’s Richest Person.
A bump in the price of Amazon shares was enough to move Mr. Bezos, briefly, above Mr. Gates, the Microsoft co-founder.... More >>

SpaceX Is Now One of the World’s Most Valuable Privately Held Companies
Elon Musks’s rocket company raised $350 million in new financing, raising its valuation to about $21 billion.... More >>

The Strange Case of Martin Shkreli Is Wrapping Up
An unusual trial has featured victims who actually made money and defense lawyers who paint their client as an erratic misfit and want more victims to testify.... More >>

Banking Regulatory Nominees Back Fewer Financial Restrictions
President Trump’s nominees to oversee large banks said in a hearing that the government should roll back some post-crisis strictures.... More >>

AstraZeneca’s Cancer Drug Trial Disappoints, Sending Shares Lower
The treatment had been expected to be a crucial driver of growth for the company as it faces more competition from generic pharmaceuticals.... More >>

Behind an $18 Billion Donation to a New York Charity, a Shadowy Chinese Conglomerate
A Chinese man has transferred more than 29 percent of HNA Group of China to a private foundation, adding to the questions about the firm’s structure and political connections.... More >>

Foxconn Says It Plans to Build Factory in Wisconsin, Adding 3,000 Jobs
White House officials highlighted President Trump’s negotiations with the world’s largest contract electronics maker, to secure the project, which they said would represent a $10 billion investment.... More >>

Facebook’s Profit and Revenue Surge, Despite Company Predictions of a Slowdown
Facebook executives have been cautioning investors that the social-networking giant’s growth might start to slow. The latest earnings report suggests that hasn’t happened yet.... More >>

Bitcoin Exchange Was a Nexus of Crime, Indictment Says
Alexander Vinnik, of Russia, was accused of being the mastermind behind a black market Bitcoin exchange, which helped launder billions of dollars.... More >>

Ex-Fiat Chrysler Executive Accused of Siphoning Millions With Union Leader
Alphons Iacobelli was charged with taking $1.2 million from a training center to pay for lavish travel and gifts for himself and his union negotiating partner.... More >>

New York Times Reports Strong Quarter on Digital Revenue Growth
Though print advertising remained a challenge, new online subscriptions and stronger digital advertising were bright spots.... More >>

The Luxury Arms Race: Michael Kors and Coach Target Takeovers
As sales decline in the middle of the fashion market, two of its big players are looking elsewhere for expansion.... More >>

Common Sense: The Boycott That Wasn’t: How United Weathered a Media Firestorm
Three months after an infamous video, United Airlines’ earnings were surprisingly robust, perhaps proof that people ultimately shop for convenience and price.... More >>

State of the Art: How BuzzFeed’s Tasty Conquered Online Food
Those overhead food videos that you watch and watch? BuzzFeed’s Tasty has mastered the format to become one of the world’s most popular content producers.... More >>

Wider U.S. Sanctions on Venezuela Risk Biting Both Countries
President Trump has promised tougher measures against the oil-exporting country if it goes through with elections on Sunday. But that could raise gas prices in America.... More >>

White House and G.O.P. Leaders Reach Deal on Principles of Tax Overhaul
Republican negotiators hope to pass the first major revision of the tax code since 1986, after dropping a contentious border adjustment tax on imports.... More >>

Tech Fix: Google’s New Parental Control App Has a Flaw: Puberty
The company’s Family Link software for managing children’s Android phones can be undone the instant a young user turns 13.... More >>

State of the Art: How Microsoft Has Become the Surprise Innovator in PCs
For years, Apple was the innovative leader in personal computers. Not anymore.... More >>

Tech Tip: Why One Antivirus Program Is Better Than Two
Multiple antivirus applications generally do not coexist well together on the computer because they need to monitor the same areas of your system.... More >>

Skills Gap: Switching Careers Doesn’t Have to Be Hard: Charting Jobs That Are Similar to Yours
Many of the skills needed in fading jobs are more applicable to growing jobs than it might first appear.... More >>

Wheels: Cars Suck Up Data About You. Where Does It All Go?
Vehicles can track phone calls and texts, and log queries to websites. Who gets what information and for what purposes? This is what you should know.... More >>

Britain to Ban New Diesel and Gas Cars by 2040
The ban follows similar announcements by France, India and Norway, and is the latest move in a growing push toward the use of electric vehicles.... More >>

‘Minecraft: The Island’ Blurs the Line Between Fiction and Gaming
Max Brooks’s new novel has an unusual feature: It can also be played within a video game.... More >>

Feature: How to Make a Movie Out of Anything — Even a Mindless Phone Game
Hollywood is aggressively adapting material that doesn’t have a narrative or even any characters. But not all intellectual property is created equal.... More >>

Entrepreneurship: Your Venture’s Not Ready for Prime Time? This Site Can Help
Collaborizm, which bills itself as a pre-incubator for start-ups, connects entrepreneurs with mentors, money and technical know-how.... More >>

How Much for That Fancy Red Diamond? It’s Kind of a Secret
Rio Tinto introduced its latest batch of naturally colored diamonds in New York, the start of a process more like sales of fine art than of jewelry.... More >>

Maestros of the Concert Merchandise Movement
Two companies are in a race to corner the market on T-shirts branded with celebrities of the moment, such as the Weeknd, Lady Gaga and ASAP Rocky.... More >>

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

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