Tuesday, July 31, 2018

DealBook Briefing: A $100 Billion Tax Break Plan (for the 1 Percent)


By Unknown Author from NYT Business Day
The Trump administration is working out how to bypass Congress in order to give the rich an easier ride on capital gains. Read More

New York Times Names Cliff Levy as Its New Metro Editor


By MICHAEL M. GRYNBAUM from NYT Business Day
A two-time Pulitzer winner and a leader of the newspaper’s digital initiatives takes over the section at an unsettled time for local news coverage. Read More

Europe Says Greece Is a Comeback Story. The I.M.F. Isn’t Convinced.


By LIZ ALDERMAN from NYT Business Day
As Greece prepares to exit nearly a decade worth of bailouts, the International Monetary Fund is warning the country faces an uphill battle to recovery. Read More

T-Mobile and Sprint: How Fewer Competitors Could Increase Competition


By ANDREW ROSS SORKIN from NYT Business Day
Conventional wisdom says the two companies should be blocked from merging to preserve competition and benefit consumers. But the merger could actually create a mightier maverick. Read More

Key Question for Les Moonves of CBS: What Were You Thinking?


By JAMES B. STEWART from NYT Business Day
Mr. Moonves started a civil war by suing the network’s controlling shareholder while knowing that harassment allegations were swirling. Read More

A Rush to Block Downloadable Plans for 3-D Printed Guns


By TIFFANY HSU and ALAN FEUER from NYT Business Day
Legislators, officials and activists around the country are rushing to stop a company from posting blueprints for “ghost guns” this week. Read More

Monday, July 30, 2018

How Companies Are Making Customers Pay for Trump’s Trade War


By PETER EAVIS from NYT Business Day
As second-quarter earnings pour in, executives are telling investors that they can raise prices to offset the impact of tariffs. Read More

Bob Woodward’s New Book Will Detail ‘Harrowing Life’ Inside Trump White House


By MATT STEVENS and JASON M. BAILEY from NYT Business Day
Simon & Schuster plans to publish “Fear: Trump in the White House,” on Sept 11. The book is Mr. Woodward’s 19th. Read More

Les Moonves Stays Put as CBS Chief While Its Board Plans an Investigation


By EDMUND LEE from NYT Business Day
Days after The New Yorker detailed allegations of sexual harassment against Mr. Moonves, the company’s directors took no immediate action. Read More

‘Guardians of the Galaxy’ Firing Prompts Pushback in Hollywood


By BROOKS BARNES from NYT Business Day
Chris Pratt and other stars derided the “mob mentality” that led Disney to oust the writer-director James Gunn. But just how should studios handle transgressions made during a more anything-goes era? Read More

Links in 7-Eleven’s Chain Threaten to Snap as Store Owners Balk at Contract


By RACHEL ABRAMS from NYT Business Day
Tensions between 7-Eleven and its franchisees have simmered for years. Now, they’re boiling over as store owners face a new franchise agreement that they say will shrink their profits further. Read More

When Is a Burrito More Than Just a Burrito? When It’s a Lifestyle


By SAPNA MAHESHWARI from NYT Business Day
Chipotle is marketing itself as a “purpose-driven lifestyle brand” at a time when brands are trying to enter their customers’ daily lives. Read More

Sunday, July 29, 2018

Apple Reports Earnings, and July’s Job Numbers Come Out


By THE NEW YORK TIMES from NYT Business Day
Tesla is also reporting earnings, but the attention will be on its production numbers. The Federal Reserve board meets, but it’s not expected to raise interest rates. Read More

For Sale: Survey Data on Millions of High School Students


By NATASHA SINGER from NYT Business Day
College-planning surveys give a peek into the opaque and little-regulated market of data-mining of minors. Read More

CBS Board to Meet on Les Moonves’s Role After Misconduct Allegations


By EDMUND LEE from NYT Business Day
Members spent much of the weekend discussing what immediate actions it should take after sexual misconduct allegations against the C.E.O. were published by The New Yorker. Read More

Future of MoviePass Is Cast in Doubt After Service Outage, Experts Say


By MIHIR ZAVERI from NYT Business Day
The subscription-based movie ticket service said the outage happened after it could not pay its bills and was forced to borrow $5 million. Read More

Saturday, July 28, 2018

Catalog of Fania Records, the Motown of Latin Music, Is Sold


By BEN SISARIO from NYT Business Day
The independent Concord Music bought the catalog of the New York salsa label that defined the genre in the 1960s and ’70s in a deal estimated at $30 million. Read More

Beauty Is in the Eye of These Beholders


By ELIZABETH HOLMES from NYT Business Day
Beautycon is the Super Bowl of the beauty industry, where new products are unveiled and celebrities show up to launch their forays into the lucrative makeup business. Read More

Kenya Barris, Creator of ‘Black-ish,’ Will Leave ABC Studios in August


By BROOKS BARNES from NYT Business Day
Mr. Barris will part ways with the Disney-owned production company in August, following creative differences. He is widely expected to move to Netflix. Read More

Would You Pay $1 Billion for This View?


By CANDACE JACKSON from NYT Business Day
A 157-acre hilltop plot in Los Angeles is being pitched as the city’s most expensive residential property ever. Read More

From the Poker Table to Wall Street


By STEVE FRIESS from NYT Business Day
Vanessa Selbst, the most successful female professional poker player of all time, is now working for Bridgewater Associates, the hedge fund led by Ray Dalio. Read More

Friday, July 27, 2018

How Mega-Mergers Are Changing the Way You Watch Your Favorite Shows and Movies


By EDMUND LEE from NYT Business Day
A smaller number of companies control of a greater portion of TV shows and films, potentially altering where — and how — we see our favorite series, movies or actors. Read More

The Stealth Campaign to Kill Off Obamacare


By JAY HANCOCK from NYT Business Day
How the country’s largest lobbyist for the pharmaceutical industry is using “dark money” to support an advocacy group’s efforts to repeal the Affordable Care Act. Read More

Trump’s Numbers on ‘Amazing’ Economy Sometimes Don’t Add Up


By PATRICIA COHEN and LINDA QIU from NYT Business Day
Tying recent growth to his policy moves, the president offered broad pronouncements and a litany of statistics. Some were well founded, others less so. Read More

4 Takeaways From a Long-Term G.D.P. Revision


By JIM TANKERSLEY from NYT Business Day
A batch of new measurements of economic growth reveals changes in the nation’s savings rate, tweaks to cure the winter blues and how the sweet deal you got on that iPhone was better than you thought. Read More

Dan Schulman of PayPal on Guns, Cash and Getting Punched


By DAVID GELLES from NYT Business Day
A New Jersey native whose mother took him to civil rights marches says companies and chief executives “have a moral obligation to try to be a force for good.” Read More

Disney and Fox Shareholders Approve Deal, Ending Corporate Duel


By EDMUND LEE and BROOKS BARNES from NYT Business Day
Overseas regulators must still approve the deal, but the votes brought to a close a six-month battle waged across two continents by Disney and Comcast for supremacy in the media business. Read More

Les Moonves, CBS C.E.O., Faces Inquiry Over Misconduct Allegations


By EDMUND LEE from NYT Business Day
The company’s board of directors said it would start an investigation after a report that a forthcoming New Yorker article would detail allegations of sexual misconduct against Mr. Moonves. Read More

Why Trump Is Right About the E.U.’s Penalty Against Google


By JAMES B. STEWART from NYT Business Day
The European Union imposed a $5.1 billion penalty on Google last week. It is hard to find an antitrust expert who endorses the case’s logic or outcome. Read More

G.D.P. Grew at 4.1% Rate in U.S. in Latest Quarter. Here’s What That Means.


By BEN CASSELMAN from NYT Business Day
The acceleration in gross domestic product was widely anticipated by economists, a result of a confluence of events unlikely to recur. Read More

Thursday, July 26, 2018

Why Friday’s G.D.P. Number May Be a Size Too Big


By BEN CASSELMAN from NYT Business Day
Second-quarter economic growth could register above 4 percent. But the figure may have been driven by one-time factors that will be offset later. Read More

Trump Says Europe Will Buy More American Gas. Is That Possible?


By STANLEY REED from NYT Business Day
The president said the European Union would buy more liquefied natural gas from the United States, but there are major hurdles, like cost and capacity. Read More

Worried About the I.R.S. Scam? Here’s How to Handle Phone Fraud


By CHRISTINE HAUSER from NYT Business Day
A huge I.R.S. impersonation operation has highlighted the threat of phone and internet fraud. Experts have advice on how to protect yourself. Read More

Sean Spicer Talks About That BBC Interview: ‘Extreme’ and ‘Outlandish’


By JULIA JACOBS from NYT Business Day
He regrets the inauguration crowd briefing. He regrets his Holocaust remarks. But did he corrupt world discourse? Was he an amazing child? Read More

The Ordinary License Plate’s Days May Be Numbered


By ERIC A. TAUB from NYT Business Day
Companies are trying out ways to digitize the traditional metal version, eliminating the need for stickers to mark it as up to date. The screen could also be used for advertising or alerts. Read More

Facebook Stock Plunges as Earnings Disappoint and Growth Outlook Dims


By MATT PHILLIPS from NYT Business Day
The social media company’s stock tumbled more than 18 percent a day after a second-quarter earnings report showed slowing growth in new users and ad sales. Read More

A Kushner Ally Was Up for a Federal Post. Then the F.B.I. Began Digging.


By JESSE DRUCKER, EMILY STEEL and DANNY HAKIM from NYT Business Day
Ken Kurson, a friend of Jared Kushner’s and a past adviser to Donald J. Trump, withdrew from consideration for a prestigious position amid harassment allegations. Read More

Wages Are Rising in Europe. But Economists Are Puzzled.


By JACK EWING from NYT Business Day
Increases in worker pay have given the European Central Bank confidence to end its main stimulus measure. Yet there is no consensus on why it took so long. Read More

Wednesday, July 25, 2018

White House Bars CNN Reporter From Presidential Event


By MICHAEL M. GRYNBAUM from NYT Business Day
Sarah Huckabee Sanders and Bill Shine scolded Kaitlan Collins after she asked President Trump about Michael Cohen during an Oval Office photo-op. Read More

Murdoch and Iger to Skip Fox and Disney Shareholder Votes


By BROOKS BARNES from NYT Business Day
21st Century Fox and Disney shareholders will meet on Friday to vote on a merger agreement. But the men who struck the deal will send lieutenants in their place. Read More

Troubles for Ford, G.M. and Fiat Chrysler Send Shares Diving


By NEAL E. BOUDETTE from NYT Business Day
General Motors cited commodity prices, a sign that tariffs may be starting to hurt production. Ford and Fiat Chrysler pointed to weakness in China. Read More

Where Guns Go to Be Reincarnated


By TIFFANY HSU and JENN ACKERMAN from NYT Business Day
Steel from firearms melted down at mills around the country is used for construction, mining and more. Read More

U.S. Businesses Are Bullish Amid Worldwide Instability


By PATRICIA COHEN from NYT Business Day
Private-sector optimism is widespread, with risks from tariffs, deficits and global tensions outweighed by profit-plumping tax cuts and deregulation. Read More

What’s Behind a Pitch for the Little-Guy Investor? Big Money Interests


By ANDREW ROSS SORKIN from NYT Business Day
The newly formed Main Street Investors Coalition says it wants to protect the rights of mom-and-pop investors. But its main complaint seems to be financial firms’ social consciousness. Read More

Giving In to China, U.S. Airlines Drop Taiwan (in Name at Least)


By SUI-LEE WEE from NYT Business Day
American, United Airlines, and Delta were among the last holdouts against a Chinese effort to force all airlines to drop any references to Taiwan as a separate country. Read More

How the Trump Tax Cut Is Helping to Push the Federal Deficit to $1 Trillion


By JIM TANKERSLEY from NYT Business Day
Corporate income tax collections are near a 75-year low, as a share of the economy, after a new law reduced rates and allowed companies to deduct investments immediately. Read More

China Said to Quickly Withdraw Approval for New Facebook Venture


By PAUL MOZUR from NYT Business Day
For a moment it seemed like the world’s biggest social network had established a beachhead in the world’s largest internet market. But only for a moment. Read More

Sergio Marchionne, Ex-Chief of Fiat Chrysler, Dies at 66


By NEAL E. BOUDETTE and ELISABETTA POVOLEDO from NYT Business Day
Mr. Marchionne, who improbably brought two automakers back from the brink of collapse, led the company until just a few days ago. Read More

E.U. to Offer Trade Proposals in Bid to Ease Tensions


By ANA SWANSON from NYT Business Day
But the plans may fall short of appeasing President Trump, who has expressed skepticism at past trade pacts and branded the European Union as a “foe.” Read More

Tuesday, July 24, 2018

How China’s Currency Could Help It Weather a Trade War, at a Cost


By PETER EAVIS from NYT Business Day
The value of China’s renminbi has fallen over 7 percent since April. While weakening currencies can soften economic blows, they also come with risks. Read More