Wednesday, October 31, 2018

Tech Drove Stocks Skyward. It’s a Different Story on the Way Down.


By MATT PHILLIPS from NYT Business Day
Large technology companies, and the big profits they produce, lifted the markets earlier this year. But during October’s tumble they were only part of a broad-based downturn. Read More

SoftBank Hires a Veteran Corporate Image-Maker


By MICHAEL J. de la MERCED and ANDREW ROSS SORKIN from NYT Business Day
The addition of Gary Ginsberg, a former adviser to Rupert Murdoch with ties to Washington, could help the company wade through a thicket of challenges. Read More

Eurozone Growth Slips to Four-Year Low, Fueling Crisis Fears


By JACK EWING from NYT Business Day
Growth in Italy fell to zero, raising further questions about a government spending plan that was based on rosier projections for growth. Read More

Defense Contractor Accused of Slighting Reservists in Hiring


By NOAM SCHEIBER from NYT Business Day
L3 Technologies, with billions in Pentagon sales, moved to settle a lawsuit saying it passed over job candidates with military obligations to fulfill. Read More

Gayle King Has the Spotlight All to Herself


By AMY CHOZICK from NYT Business Day
Known for decades as Oprah’s best friend, the CBS anchor has become a celebrity in her own right. Even — especially — with the network’s men imploding all around her. Read More

Tuesday, October 30, 2018

FedEx Ends Deal for N.R.A. but Says It’s Not Because of Pittsburgh Shooting


By TIFFANY HSU from NYT Business Day
The shipping company said it was ending a discount program with the gun group, after a routine review that began months ago. Read More

Parts of America Are Still Struggling Economically. They Don’t Matter Much in the Midterms.


By JIM TANKERSLEY and BEN CASSELMAN from NYT Business Day
The most competitive districts in the race for control of the House are disproportionately prosperous — and their economies aren’t doing much to lift Republicans. Read More

Job No. 1 for G.E.’s New Chief: Fix Its Ailing Power Business


By STEVE LOHR from NYT Business Day
The stunning fall of a market-leading division is explained by a sharp market turn, a wayward acquisition and self-inflicted wounds. Read More

China’s New Billionaires Are Young, Fast Workers With an Appetite for Risk


By Unknown Author from NYT Business Day
The country is minting two new billionaires each week, and they differ markedly from their global peers. Read More

Why the Number Could Make China’s Currency a Trade-War Weapon


By KEITH BRADSHER from NYT Business Day
The renminbi has fallen to its weakest point in a decade, and Washington worries about how that may affect the dispute between the United States and China. But Beijing has reason to hold the line. Read More

Monday, October 29, 2018

A U.S. Trade Complaint, Tech Earnings and Jobs Numbers


By THE NEW YORK TIMES from NYT Business Day
Investors will be looking for a turnaround plan from G.E.’s new chief. Data on the eurozone’s economy is due. And Facebook’s earnings will come with data on its user numbers. Read More

Tiny Books Fit in One Hand. Will They Change the Way We Read?


By ALEXANDRA ALTER from NYT Business Day
Dutton, a Penguin Random House imprint, has just released its first batch of mini books, with a box set of novels by the best-selling author John Green. Read More

Tesla’s Future Is Not Yet Secured


By PETER EAVIS from NYT Business Day
After a frenetic summer, Tesla reported some good results last week. But many more will have to follow. Read More

Campbell Soup ‘Accelerates’ Executive’s Departure After George Soros Tweet


By AMIE TSANG from NYT Business Day
A company vice president left earlier than planned after sharing a conspiracy theory on social media about the billionaire philanthropist’s being behind a migrant caravan in Mexico. Read More

Sunday, October 28, 2018

Fox Executive Condemns Remarks by Guest on Lou Dobbs Show


By NELSON D. SCHWARTZ from NYT Business Day
The show was originally shown on Thursday. But the remarks, which were linked to anti-Semitism, created a firestorm online when the show was shown again on Saturday. Read More

Making Sense of the Selling in the Stock Market


By PETER EAVIS from NYT Business Day
A shakeout in the market seemed long overdue, so how seriously should we take the recent declines? Read More

Sunrun Gives Tesla a Fight in the Home Solar Business


By IVAN PENN from NYT Business Day
Tesla is relying on showrooms to sell electric cars, solar roofs and batteries. But a California rival has made inroads into the residential business. Read More

IBM to Buy Red Hat, the Top Linux Distributor, for $34 Billion


By STEVE LOHR from NYT Business Day
The deal is a big move to bring more software developers under IBM’s corporate wing and hints at a bigger push into cloud computing. Read More

An Insider’s View of the New York Public Library


By PATRICIA R. OLSEN from NYT Business Day
Even if the lions stay outside, the headquarters can be distracting. But the general counsel isn’t complaining: The building is filled with gems. Read More

You’ve Become Rich. That Doesn’t Mean You’re Great at Everything.


By SENDHIL MULLAINATHAN from NYT Business Day
Wealth generated in one arena is frequently used to buy influence and control in others. That’s bad for the economy and society, our columnist says. Read More

Trump’s Attacks on the News Media Are Working


By JIM RUTENBERG from NYT Business Day
The journalism industry wasn’t built to withstand the torrent of unsubstantiated claims coming from @realdonaldtrump and elsewhere. Read More

Saturday, October 27, 2018

She Made the Shift From Academic Writing to Hallmark Cards


By As told to PERRY GARFINKEL from NYT Business Day
As a black woman raised in a segregated part of Arkansas, Melvina Young brought more than university credentials to the table. Maya Angelou was an early model. Read More

Red-Hot Economy? Women Aren’t Convinced


By BEN CASSELMAN and JIM TANKERSLEY from NYT Business Day
A remarkable gender gap, transcending party lines, has opened up in Americans’ views of both their own finances and the broader national economy. Read More

Epic, Maker of Fortnite, Raises $1.25 Billion


By MICHAEL J. de la MERCED from NYT Business Day
The creator of the wildly successful video game gained investment firms like KKR, plus the owner of the e-sports company Team Liquid as backers. Read More

Friday, October 26, 2018

Photo of a Starving Girl in Yemen Prompts Facebook to Remove Posts of Article


By JACEY FORTIN from NYT Business Day
Facebook later restored the posts, which showed a photo of an unclothed child. “We know this is an important image of global significance,” a spokeswoman said. Read More

Netflix’s Audience Is Multiplying. But So Is Its Debt.


By JEFF SOMMER from NYT Business Day
Netflix has enchanted subscribers and investors, and disrupted global media. But its dependence on debt raises questions about its real value. Read More

Turbocharging Jumps From Racetrack to Cul-de-Sac


By STEPHEN WILLIAMS from NYT Business Day
Industry experts expect that by 2027, more than half the vehicles sold in the United States will include turbo power. Read More

Can’t Get Enough Fox News? ‘Superfans’ Can Pay $65 a Year for More


By MICHAEL M. GRYNBAUM from NYT Business Day
Fox Nation, a stand-alone streaming service, is the first test of an online subscription model in the cable news market. It will debut next month. Read More

Trump’s Trade War May Create New Auto Jobs. In China.


By JACK EWING from NYT Business Day
Caught in a crossfire of tariffs, BMW and other foreign carmakers are gauging whether to relocate some manufacturing to China. Jobs could follow. Read More

‘Megyn Kelly Today’ Is Canceled as the NBC Host Negotiates an Exit


By JOHN KOBLIN and MICHAEL M. GRYNBAUM from NYT Business Day
After her “blackface” remarks — and middling ratings — the host’s lawyer is in discussions with network executives. Read More

Stocks Resume Slide, Pulling S. & P. 500 Briefly Into a Correction


By MATT PHILLIPS from NYT Business Day
The benchmark stock index fell to 10 percent off its most recent peak in early trading on Friday morning, but recovered much of those losses by midday. Read More

U.S. Economy Grew at 3.5% Rate in Third Quarter


By NELSON D. SCHWARTZ from NYT Business Day
The Commerce Department released its initial estimate of third-quarter economic growth, providing the latest snapshot of the American economy. Read More

CBS Inquiry Into What Went Wrong in Les Moonves Era Hits Snags as It Advances


By RACHEL ABRAMS from NYT Business Day
Investigators have interviewed more than 250 people as they examine allegations of misconduct. But not every accuser has been contacted, and some are hesitant to cooperate. Read More

Thursday, October 25, 2018

Stocks Climb, Recovering From a Decline That Wiped Out 2018’s Gains


By MATT PHILLIPS and AMIE TSANG from NYT Business Day
Tech shares helped drive stocks up in the United States on Thursday, helping make up ground a day after the S. & P. 500 dropped 3 percent to fall into negative territory for the year. Read More

Cathay Pacific Data Breach Exposes 9.4 Million Passengers


By RAYMOND ZHONG from NYT Business Day
The Hong Kong-based carrier said that people’s passport data and travel histories were among the information that was compromised in the incident. Read More

Trump’s New Pledge to Cut Taxes May Follow a Familiar Path


By JIM TANKERSLEY from NYT Business Day
The president says he will cut middle-class taxes. It won’t be easy, and he will need Republicans to keep control of Congress to even give it a try. Read More

‘False Flag’ Theory on Pipe Bombs Zooms From Right-Wing Fringe to Mainstream


By KEVIN ROOSE from NYT Business Day
Conspiratorial thinking has always been with us — the grassy knoll, the moon landing, the Freemasons. But it has been turbocharged in the Trump era. Read More

There Is a Silver Lining for Losers of Amazon’s HQ2 Competition


By TOM BUERKLE from NYT Business Day
Many locations will receive investment from Amazon if they aren’t home to its second headquarters — and they will escape expensive incentives, too. Read More

Megyn Kelly Skips ‘Today’ as Questions Mount Over Her Future at NBC


By JOHN KOBLIN and MICHAEL M. GRYNBAUM from NYT Business Day
The host’s future at the network appeared shaky after she made racially insensitive remarks on Tuesday and issued an on-air apology on Wednesday. Read More

Wells Fargo Suspends 2 Executives Amid Regulatory Review


By EMILY FLITTER from NYT Business Day
Wells Fargo said on Wednesday that it had suspended its chief auditor and its chief administrative officer, the latest blow to the scandal-scarred bank. Read More

A ‘People’s Pig’ in China Could Be Headed to Upstate New York


By SUI-LEE WEE from NYT Business Day
Their farm threatened by a modernization drive, four specimens of a rare breed of swine need a new home. A Rockefeller scion may save them. Read More

Wednesday, October 24, 2018

Did Trump’s Attacks Hurt Harley-Davidson’s Sales? It’s Saying Little


By PETER EAVIS from NYT Business Day
After President Trump lashed out at the motorcycle maker, its sales in the United States slid. In discussing its earnings, the company made no mention of a connection. Read More

In a Bid to Fill Office Buildings, Landlords Offer Kegs and Nap Rooms


By C. J. HUGHES from NYT Business Day
Hoping to lure tenants in a sluggish market, commercial towers are adding amenities often associated with luxury apartment living. Read More

Tesla Reports a Rare Quarterly Profit, Its Biggest Ever


By NEAL E. BOUDETTE from NYT Business Day
A surge in sales of the Model 3 helped lift the company’s performance, but big financial and production challenges remain. Read More

Megyn Kelly’s ‘Blackface’ Remarks Lead to Rift With NBC


By JOHN KOBLIN and MICHAEL M. GRYNBAUM from NYT Business Day
The NBC News chairman Andrew Lack condemned her comments at a staff meeting, and three network stars publicly criticized the “Today” show host. Read More

NBC Assigns Veteran Producer to Take Over Jimmy Fallon’s ‘Tonight Show’


By JOHN KOBLIN from NYT Business Day
Jim Bell, a top NBC executive, will take charge of a late-night franchise that is in danger of losing its lead among young adult viewers. Read More

Slumping Stock Market Enters Negative Territory for the Year


By MATT PHILLIPS from NYT Business Day
Stocks dropped yet again on Wednesday, as the S.&P. 500 gave up its gains for 2018. Read More

This Thermometer Tells Your Temperature, Then Tells Firms Where to Advertise


By SAPNA MAHESHWARI from NYT Business Day
Clorox is using data from so-called smart thermometers to target ads to areas where people are sick. It’s the latest example of internet-connected devices being used for advertising. Read More

Google Is Teaching Children How to Act Online. Is It the Best Role Model?


By NATASHA SINGER and SAPNA MAHESHWARI from NYT Business Day
The tech giant is positioning itself in schools as a trusted authority on digital citizenship at a moment when the company’s data-handling practices are under growing scrutiny. Read More

Tycoon Plans a Titanic II (This One Will Have More Lifeboats)


By KAREN ZRAICK from NYT Business Day
Clive Palmer, a colorful Australian mining magnate, has long wanted to make the dream of a new Titanic a reality. After years of delays, he says his plan is back on. Read More