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home : ny times rss feeds : global business October 20, 2017

Your Money: The Long Story of the Movement Toward College Cost Clarity
New bipartisan bills are aimed at forcing colleges to clear up a murky, confusing system so that prospective students understand the options.... More >>


Regulator Blasts Wells Fargo for Deceptive Auto Insurance Program
A federal regulator’s report added to pressure on Wells Fargo and suggested that the bank will have to set aside more money to pay back customers it harmed.... More >>


Japan’s Young Workers Get a Lift, and Its Leaders Profit
Prime Minister Shinzo Abe stands to benefit in Sunday’s elections because wage growth and a tight job market have demoted the economy as a campaign issue.... More >>


A Boom in Credit Cards: Great News for Banks, Less So Consumers
Card debt has soared to record levels, generating big profits for banks but leaving some people with unmanageable payments.... More >>


Common Sense: My Smartphone Died, and I Didn’t Miss It. Well, Maybe a Little.
A trip to Italy with a dead smartphone resulted in some predictable withdrawal pains, but also provided welcome respite from the clutter of information.... More >>


Australia Mourns the End of Its Car Manufacturing Industry
On Friday, Holden employees bid farewell to Australia’s last car factory, wondering if the government could have done more to save it.... More >>


Book News: Australia’s Amazon Book Battle
The online retailer is moving in. Booksellers are nervous. But disrupting Australians’ reading habits might not be so easy to do.... More >>


Lyft Is Said to Explore I.P.O. as It Raises $1 Billion Led by Alphabet
The ride-hailing company is exploring a 2018 initial public offering, as it added fresh capital to its coffers from investors including a venture arm spun out of Google.... More >>


Economic View: A Stock Market Panic Like 1987 Could Happen Again
On Oct. 19, 1987, the stock market fell more than 20 percent. It would be comforting to believe a crash couldn’t recur. But we are still at risk.... More >>


9 Ways to Help You Become a Smarter Investor
We’ve pulled together some of the biggest issues in investing in a quarterly report that can help you navigate the murky waters of finance, with some laughs and lessons along the way.... More >>


China’s Reform Hopefuls Watch for Names. Only One May Matter.
A leadership shuffle in the Communist Party could hint at its commitment to an economic overhaul, but Xi Jinping’s growing power may hinder that effort.... More >>


Corner Office: Chamath Palihapitiya of Social Capital on the Paradox of Ego and Humility
The chief executive of a venture fund says that while many leaders have strong egos, they have to be humble in precise ways about ideas and decisions.... More >>


Bits: Farhad and Mike’s Week in Tech: Regulation Is Looming
In this week’s tech newsletter, the tech giants battle Washington’s regulatory fervor. Also, Lyft gets a lot of money, and Google may remake Toronto.... More >>


Wheels: Would You Like My Car to Make You Some Water?
Engineers are finding ways to have cars do much more than take us from Point A to Point B — including producing and dispensing water.... More >>


Your Money Adviser: Advice for Homeowners After a Wildfire: Keep a Diary
“Document, document, document,” an insurance consultant said. Detailed notes can help the claim process go smoothly and, maybe, speed it up.... More >>


Senate’s Budget Vote Gives Markets Some Hope: DealBook Briefing
Investors reckon passage of the budget blueprint improves Republicans’ chances of getting some kind of tax overhaul through Congress.... More >>


South Korea Will Resume Reactor Work, Defying Nuclear Opponents
The decision to restart two stalled projects reverses a campaign promise by President Moon Jae-in and disappoints supporters seeking a phaseout of nuclear power.... More >>


Senate Approves Budget Plan That Smooths Path Toward Tax Cut
On Thursday night, the Senate narrowly approved a budget plan that would protect a $1.5 trillion tax cut from a Democratic filibuster.... More >>


Sean Penn Fights With Netflix Over El Chapo Documentary
Lawyers for the actor warned Netflix it would be responsible if Mr. Penn was harmed because of the series, which examines his 2015 meeting with a wanted drug dealer.... More >>


Listen: Actress Says Weinstein Made Her Feel Ashamed and ‘Manipulated’
Erika Rosenbaum, a Canadian actress, said that Harvey Weinstein repeatedly used the lure of work to lead her into harrowing situations over a decade ago.... More >>


What May Seem Good for New York Is Not Always Good for Its Mayor
Go to Yankee Stadium? Buy from Amazon or Starbucks? Mayor Bill de Blasio just can’t do it, even when his job would seem to call for such gestures.... More >>


Breakingviews: Competition, and Debt, Could Spell Trouble for Verizon
Verizon’s perch as the No. 1 carrier in the United States looks secure. But the gap is narrowing. And a heavy debt load could hobble Verizon’s ability to quickly change lanes.... More >>


United Continental Shares Slip as Lower Profit Looms
Wall Street investors said they were skeptical of the airline’s plan to take on lower-cost competitors.... More >>


Tarantino on Weinstein: ‘I Knew Enough to Do More Than I Did’
Quentin Tarantino says he knew about allegations against Harvey Weinstein and feels ashamed about not taking a stronger stand.... More >>


Party Coverage: Scene City: Departing Elle Editor Robbie Myers Gets Party, Tells of Fire
A little over a week after Ms. Myers stepped down from her position at the magazine, she and her two children had to evacuate their apartment.... More >>


An Alternative to Burial and Cremation Gains Popularity
Fifteen states, most recently California, have rules allowing for the liquefaction of human remains through a process called alkaline hydrolysis.... More >>


Trump Picks Joseph Simons, Corporate Antitrust Lawyer, to Lead F.T.C.
The choice comes at a time of broad bipartisan concern over corporate consolidation and big deals in the waiting.... More >>


Nissan Suspends Production in Japan Because of Flawed Inspections
Workers without the required credentials were certifying cars despite the problem having led to 1.2 million vehicles being recalled this month.... More >>


Want to Clap for Xi Jinping’s Speech? Use Your Smartphone
A WeChat app lets users show appreciation for the Chinese leader’s words by mashing their screens. The game says players have clapped a billion times so far.... More >>


Japanese Carmakers Call Kobe Steel’s Products Safe Despite Scandal
A round of positive findings from Toyota, Honda and Mazda could help lift a cloud over the Japanese supplier, which has said its inspectors falsified data.... More >>


Ken Chenault’s Retirement Makes a Small Club Smaller: DealBook Briefing
When the American Express C.E.O. steps down in February, there may be just three black men running Fortune 500 companies.... More >>


Monetary Policy: The Fed Claims to Be Independent. That’s Mostly a Myth.
History shows that the central bank needs to maintain broad political and public support, or risk having its autonomy curbed by Congress and the president.... More >>


Senators Demand Online Ad Disclosures as Tech Lobby Mobilizes
Tech has fought online ad regulations, but three senators will introduce a bipartisan bill to force the industry to disclose who buys political ads.... More >>


Kelly Clarkson Is Nobody’s Puppet
She’s always been outspoken, honest and unfiltered. But now the singer is taking more control of her sound, with a new album, “Meaning of Life.”... More >>


A Madoff Gets a Makeover, by Giving Them
“Don’t think that you’re staring at some girl who has it all,” Stephanie Mack tells personal-shopping clients. “Let me tell you what happened to me.”... More >>


Europe’s Fastest-Growing Economy Could Be Headed for Trouble
Much of the growth in Romania is the product of a consumer bonanza, and economists worry that the good times cannot last given a lack of investment.... More >>


China’s Economy Grew Steadily, Thanks to Loans and Homes
China’s economy expanded by 6.8 percent in the third quarter, but an upswing in credit suggests Beijing is still grappling with an addiction to debt.... More >>


Hearst Agrees to Buy Rodale, Publisher of Men’s Health
The deal is expected to close next year and is another sign of consolidation in a magazine industry struggling to offset declines in print.... More >>


The Economy Is Humming, but That May Not Win Janet Yellen Another Term
Under Janet L. Yellen, unemployment has declined and inflation has remained low. But that may not be enough for her to keep the job.... More >>


In Amazon Bid, New York Brags About, Well, Everything
To land Amazon’s second headquarters, the city is playing up its tech talent pool and infrastructure, but the cost of doing business is steep.... More >>


William Turnage, Who Reinvented the Wilderness Society, Is Dead at 74
Mr. Turnage turned the organization into an advocacy group and did battle against President Ronald Reagan’s environmental policies.... More >>


Michele Marsh, Longtime New York TV Anchor, Dies at 63
Ms. Marsh was the youngest of the women who by 1980 had swept into what was once an exclusively male position on New York newscasts.... More >>


American Express C.E.O. Ken Chenault to Step Down
Mr. Chenault, who has led American Express since 2001, is one of corporate America’s few black chief executives.... More >>


Breakingviews: A Shortsighted Plan to Scrap Dodd-Frank’s Liquidation Rules
Some Republicans see the rules on unwinding failing banks as another bailout. But a global perspective reveals some reasons to keep them in place.... More >>


Jann Wenner and His Biographer Have a Falling Out
The Rolling Stone founder seemed to enjoy opening up his life to Joe Hagan. Now that the book is about to come out, they are no longer speaking.... More >>


How the Harvey Weinstein Story Has Unfolded
A look back at the major elements of the continuing story, which has spilled well beyond Hollywood.... More >>


Anthem Joins With CVS to Start Its Own Pharmacy Business
The move is another shake-up in the pharmacy benefits manager industry, and deals a blow to Express Scripts.... More >>


Dream City?: Google’s Founders Wanted to Shape a City. Toronto Is Their Chance.
Here’s an opportunity to develop “the world’s first neighborhood built from the internet up,” but will humans be put first?... More >>




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


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