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home : ny times rss feeds : business July 17, 2018

Read Lloyd Blankfein’s Farewell Memo to His Goldman Sachs Team
The firm’s chief executive has announced the end of his tenure after 12 years in the role. Here’s how he said goodbye.... More >>

Goldman Sachs Names David Solomon C.E.O. as Blankfein Plans Exit
Mr. Solomon, a longtime investment banker, will replace Lloyd C. Blankfein at the helm of one of the most powerful institutions on Wall Street.... More >>

As Tensions With U.S. Worsen, Europe Courts New Partners
The European Union is hunting for free-trade deals in Asia and Latin America to help compensate for lost business with the United States.... More >>

DealBook: A Surprising Bid for Remington, and an Unsurprising Rejection
The Navajo Nation made a cash offer for the gun maker, with the intention of pushing it toward “smart gun” technology.... More >>

The New New World: Latest Sign of China’s Slowdown: A Technology Cash Crunch
Long awash in money, the country’s start-up scene has seen an unprecedented downturn. That could be a bad sign for the rest of the Chinese economy.... More >>

TV Anchors Agape After the Trump-Putin Appearance
“Disgraceful,” Anderson Cooper of CNN said at the end of a news conference during which the reporters Jonathan Lemire and Jeff Mason asked tough questions.... More >>

Uber Is Target of Federal Sex Discrimination Inquiry
The Equal Employment Opportunity Commission is investigating the ride-hailing company’s hiring and pay practices.... More >>

CVS Fires 2 for Calling Police on Black Woman Over Coupon
The woman said a manager at a Chicago store thought the coupon was fraudulent. She recorded a video of a manager calling the police.... More >>

In Blow to Sinclair, F.C.C. Chief Says He Has ‘Serious Concerns’ With Tribune Deal
Ajit Pai said he wanted a judge to review aspects of the deal, an about-face for a chairman whose policy changes have seemed to mostly benefit the broadcast company.... More >>

Prolonged Trade War Could Set Off a Market Slide, BlackRock’s Fink Says
The chief executive of the world’s largest fund manager warned that a sustained trade war could cause markets to tumble.... More >>

DealBook Briefing: Media Merger Mania Takes a Cold Shower
The F.C.C. is skeptical of Sinclair’s bid for Tribune. That raises questions about the Trump administration’s appetite for consolidation.... More >>

J&J, Powell Comment Push Wall Street Higher; Netflix Weighs
Wall Street rose on Tuesday as Federal Reserve Chairman Jerome Powell's optimistic view on the U.S. economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season.... More >>

For Manufacturers, a Complex Mix Can Determine Location
While rural areas offer manufacturers some advantages, they can no longer count on lower salaries for workers or finding employees with the skills they need.... More >>

G.M. Used Graffiti in a Car Ad. Should the Artist Be Paid?
As graffiti becomes a marketing tool, copyright law has struggled to catch up. A lawsuit could decide when an artist is entitled to compensation.... More >>

How to Prepare for a Stock Market Surprise
The markets have been fairly calm lately. But when financial stress returns, will you be prepared? We offer a classic solution, as well as market insight and analysis, in our quarterly report on investing.... More >>

Square Feet: A New Home for a Publisher and Its Priests
America Media, a 108-year-old Jesuit organization and the publisher of America magazine, needed a modern office for its operations that still reflected its faith.... More >>

Australian Housing Costs Rival New York’s, but Boom May Be Ending
Home prices in Sydney and Melbourne are dropping after an astonishing run-up, as the government moves to cool the market and households borrow too much.... More >>

White Collar Watch: Bail After Federal Convictions Tells Prosecutors ‘It Ain’t Over’
Twice last month an appeals court ordered bail for defendants convicted of white-collar crimes, a good sign that they have a chance of winning their appeals.... More >>

Netflix, the Stock Market’s Big Hope, Disappoints
The video streaming giant’s stock plunged after its subscriber growth fell short.... More >>

Blood Pressure Medicine Is Recalled
The F.D.A. announced that batches of a widely used generic drug, valsartan, made in China, might be tainted with a probable cancer-causing ingredient.... More >>

Deutsche Bank Surprises Investors With Estimate-Busting Profit
The announcement was a rare piece of good news for Germany’s biggest lender, which has grappled with a seemingly unending string of crises in recent years.... More >>

DealBook Briefing: Trump’s Latest Trade Enemy Is Europe
President Trump has singled out Europe as a trade foe. Some people worry that President Vladimir Putin of Russia might exploit that tension.... More >>

From the Sky to Your Home, Plane Parts Get a Second Life
While the average jet’s life span is 25 years, a stunning array of art and functional objects made from their remains can be useful far, far longer.... More >>

Tired of Being Crammed Into an Airline Seat? You Have Options
Passengers are increasingly willing to pay more for premium economy seats on long airplane trips that come with a host of other perks.... More >>

Are You Ready to Fly Without a Human Pilot?
Rapid advances in airplane technology make pilotless flying possible sooner than anticipated — but the biggest manufacturers say other advances are likely first.... More >>

Luxury Lounge Wars Heat Up as Airlines Vie for High-End Passengers
The disparity between the haves and have-nots in airline travel extends well beyond the cabin experience and is increasingly playing out inside the terminals.... More >>

Zhengzhou Dispatch: Looking Through the Eyes of China’s Surveillance State
A rare chance to try on a tool of a would-be surveillance dystopia gave a glimpse of the wariness that a closely watched populace can’t hide.... More >>

Goldman Expected to Name David Solomon as Successor to C.E.O. Lloyd Blankfein
David M. Solomon, president of Goldman Sachs, is expected to be named its future chief as soon as Monday, helping him line up his own new team.... More >>

China’s Strong Economic Growth Figures Belie Signs of Weakness
A 6.7 percent expansion rate comes amid signs that Beijing’s efforts to tame debt, the trade dispute with the U.S. and other problems are taking a toll.... More >>

After Storm, Foreclosures in Puerto Rico Stopped. They’re Starting Again.
Wall Street investors and banks are beginning to file foreclosure cases in the United States territory as several moratoriums come to an end.... More >>

Amazon’s Curious Case of the $2,630.52 Used Paperback
Booksellers on the online marketplace are charging thousands for books that normally sell for a few dollars. Authors are perplexed — and annoyed.... More >>

the week ahead: Banks Report Earnings, and Google Faces Antitrust Fines
The Fed chairman will testify before panels in the House and Senate, and the Commerce Department will holding hearings on auto tariffs.... More >>

Paul Ryan Says His SUV Was ‘Eaten by Animals.’ Here’s How to Protect Your Vehicle From Wildlife.
The House speaker said woodchucks chewed the wiring out from his Chevrolet Suburban: “And so my car was eaten by animals, and it’s just dead.”... More >>

Soon There Will Be Only One Blockbuster Left in the United States
The upcoming closings of two Blockbuster video stores in Alaska will leave one store in central Oregon as the last one in the United States.... More >>

Could You Make It Through Dinner Without Checking Your Phone?
In an effort to free people from the phones, if just for a meal, one Manhattan restaurant suggests that diners stash their devices in a box on the table.... More >>

The Education of a Brotelier
With the help of a few famous friends, Ben Weprin is developing a chain of boutique hotels in university towns that relies heavily on nostalgia for college life.... More >>

In Town With Little Water, Coca-Cola Is Everywhere. So Is Diabetes.
Residents of one of Mexico’s rainiest regions often have no water to drink, so many hydrate with soda. The impact on public health has been devastating.... More >>

Essay: Feeling That Old Urge to Merge, but in a Vertical Way
AT&T did it with Time Warner, so why not me? A reporter asks Mark Cuban to help him get more verticality into his life.... More >>

A Crisis Management Guru Bungles a Crisis
Sir Alan Parker, one of Britain’s most famous corporate strategists, resigned from Save the Children U.K. over his handling of a #MeToo scandal. It has cast a long shadow.... More >>

At Uber, New Questions Arise About Executive Behavior
As Uber cleans up its corporate culture, employees have filed complaints about the chief operating officer, Barney Harford, for his comments about race and women.... More >>

‘Fake News’ Goes Global as Trump, in Britain, Rips the Press
In Britain, President Trump attacked his usual target CNN and, less predictably, The Sun, calling the London tabloid’s interview with him “fake news.”... More >>

How Russian Spies Hid Behind Bitcoin in Hacking Campaign
Operatives used cryptocurrency to obscure their identities and pay for the infrastructure needed to steal emails from Hillary Clinton’s 2016 presidential campaign.... More >>

Paychecks Lag as Profits Soar, and Prices Erode Wage Gains
Fears of an overheated economy could prompt the Federal Reserve to cut short a recovery in which incomes have already struggled to gain traction.... More >>

Richard Elden, Innovative Hedge Fund Investor, Is Dead at 84
Mr. Elden adopted a diversified approach to investing in hedge funds, opening a new area of American finance.... More >>

Bitcoin Funds Are Rare: They Sail Uncharted Waters
As firms seek approval for specialty E.T.F.s, some advisers warn that cryptocurrencies may be intrinsically worthless. Others say they diversify a portfolio.... More >>

U.S. Lifts Ban That Kept ZTE From Doing Business With American Suppliers
The Commerce Department said the Chinese telecommunications firm had met the terms of a settlement deal and was no longer subject to an order that had pushed it to the brink of financial collapse.... More >>

‘Downloadable Gun’ Clears a Legal Obstacle, and Activists Are Alarmed
Cody Wilson, a gun rights and free speech advocate, will be allowed to post online tutorials for 3-D printing firearms, sparking concerns about so-called ghost guns.... More >>



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


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