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   NEWS: NYTIMES BUSINESS
NYTimes Business
May 27, 2022

Trump's Lawsuit Against Letitia James Is Dismissed
Mr. Trump had argued that an inquiry by the attorney general, Letitia James, violated his constitutional rights. It was his second legal loss in two days.

NYTimes Business
May 27, 2022

At Taco Bell, the Drag Brunch Goes Corporate
The glittery live shows have long been a staple in many cities, but the fast-food chain is taking that a step further.

NYTimes Business
May 27, 2022

Goldman's Move to Unlimited Vacation Is Good for … Goldman
Goldman Sachs is the latest company to let workers take as much time off as they want. That means no more unused days — and no need to pay them out later.

NYTimes Business
May 27, 2022

A Strong Summer Job Market for Teenagers
Economists are predicting the highest rate of employment in 15 years. "Employers suddenly rediscovered teenagers," one said.

NYTimes Business
May 27, 2022

Gas Prices Hit New Highs as Summer Driving Season Starts
A gallon has jumped by about 50 cents over the last month as Russia's war in Ukraine has continued to unsettle the global energy market.

NYTimes Business
May 27, 2022

As Inflation Bites, Personal Income Stayed Strong
A government measure of disposable income rose 0.3 percent last month, but was flat when rising prices are taken into account.

NYTimes Business
May 27, 2022

Is the Stock Market a Shy Bear, or Will It Become a Monster?
The decline has been unnerving, but readers want to know how nasty this year's downturn may become. Our columnist turns to history for answers.

NYTimes Business
May 27, 2022

What Dominated the World Economic Forum
Our takeaways from Davos, plus how some influencers hype crypto without disclosing their financial ties.

NYTimes Business
May 27, 2022

Inflation moderated in April but was still close to its highest level in 40 years.
An index closely followed by economists and investors climbed 6.3 percent last month from a year ago.

NYTimes Business
May 27, 2022

Stock Market Set to Snap Long Losing Streak
Inflows to stocks were the strongest in months, as markets regained some lost ground.

NYTimes Business
May 27, 2022

Housing Market Has Altered the Math of Moving
The housing market has altered the math of moving for nearly everyone.

NYTimes Business
May 27, 2022

‘Escalation of Secrecy': Global Brands Seek Clarity on Xinjiang
Companies that sourced cotton from the region in China are weighing evidence of forced labor, a lack of visibility into operations and new regulation.

NYTimes Business
May 27, 2022

Global Brands Seek Clarity on Xinjiang
Companies that sourced cotton from the region in China are weighing evidence of forced labor, a lack of visibility into operations and new regulation.

NYTimes Business
May 27, 2022

How Influencers Hype Crypto, Without Disclosing Their Financial Ties
Logan Paul, Paul Pierce and other celebrities have promoted risky and obscure digital currencies, sometimes failing to mention their conflicts of interest.

NYTimes Business
May 26, 2022

Daniel Defense Got $3.1 Million in Pandemic Aid
Daniel Defense was one of nearly 500 gun and ammunition makers and retailers that collected a total of $125 million from the Paycheck Protection Program.

NYTimes Business
May 26, 2022

TikTok's Amber Heard Hate Machine
Television turned the celebrity trial into a 24-hour tabloid spectacle. Social media made it into a sport.

NYTimes Business
May 26, 2022

Former Head of Louvre Is Charged in Artifact Trafficking Case
Jean-Luc Martinez, who led the museum from 2013 to 2021, was charged with complicity in fraud and money laundering in an investigation into the trafficking of Egyptian antiquities.

NYTimes Business
May 26, 2022

White House Aims to Increase Regulation and Competition in Poultry Industry
More than 90 percent of chickens eaten by Americans are raised by farmers under contracts with poultry processing companies.

NYTimes Business
May 26, 2022

Substack Drops Fund-Raising Efforts as Market Sours
Amid an industrywide downturn, venture investors are preaching austerity and halting new deals, particularly for companies that have spent aggressively on growth.

NYTimes Business
May 26, 2022

Retailers' shares soar, pulling market higher, after solid earnings reports.
The results from Macy's, Dollar General and Dollar Tree bucked a trend of retailers struggling to overcome inflationary pressures.

NYTimes Business
May 26, 2022

A Face Search Engine Anyone Can Use Is Alarmingly Accurate
PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed. "We're just a tool provider," its owner said.

NYTimes Business
May 26, 2022

Biden administration aims to increase regulation and competition in the poultry industry.
More than 90 percent of chickens eaten by Americans are raised by farmers under contracts with poultry processing companies.

NYTimes Business
May 26, 2022

Imaging Contrast Dye Shortage Delays Tests for Diseases
Many U.S. hospitals are postponing scans used to diagnose diseases after a Covid lockdown in China hobbled the main U.S. supplier of an imaging chemical.

NYTimes Business
May 26, 2022

With VMware deal, Broadcom reaches for the cloud
The $61 billion combination is one of the biggest of the year, and may signal more tech deals to come.

NYTimes Business
May 26, 2022

Colin Forbes, a ‘Designer's Designer,' Is Dead at 94
He was best known as the brain behind Pentagram, the influential partnership that has been a force in the design world for half a century.

NYTimes Business
May 26, 2022

Britain announces tax on oil and gas profits to fund cost-of-living payments.
The tax on the "extraordinary" profits of oil and gas companies is expected to raise 5 billion pounds. The government announced £15 billion in payments to households.

NYTimes Business
May 26, 2022

Southwest and JetBlue Expect Higher Second-Quarter Revenues as Travel Booms
Ticket sales are climbing faster than the airline industry expected as more people plan summer vacations and business trips.

NYTimes Business
May 26, 2022

Icahn's Loses Clash With McDonald's Over Pig Welfare
The activist investor had nominated two directors to the company's board as part of an animal welfare campaign.

NYTimes Business
May 26, 2022

U.K. Announces Windfall Tax on Oil and Gas Profits
The tax on the "extraordinary" profits of oil and gas companies is expected to raise 5 billion pounds. The government announced £15 billion in payments to households.

NYTimes Business
May 26, 2022

Macy's, Dollar General and Dollar Tree Shares Soar After Earnings Reports
Their results bucked a trend of retailers struggling to overcome inflationary pressures.

NYTimes Business
May 26, 2022

Broadcom to Acquire VMware in $61 Billion Enterprise Computing Deal
The resulting combination of chip company and software maker would be one of the most important suppliers of technology to the cloud computing market.

NYTimes Business
May 26, 2022

With WMware deal, Broadcom reaches for the cloud
The $61 billion combination is one of the biggest of the year, and may signal more tech deals to come.

NYTimes Business
May 26, 2022

Are Defenders the New Monteros? If So, What's Next?
Buyers have been turning to cheaper substitutes and finding, to their surprise, that some are the equal of the more established collectible.

NYTimes Business
May 26, 2022

Bus Maker Settles Fraud Case Tied to Government Contract
The company, New Flyer, a supplier to Los Angeles County, was accused of not fulfilling a commitment to create jobs that paid agreed-upon wages and benefits.

NYTimes Business
May 26, 2022

South Korean Workers Turn the Tables on Their Bad Bosses
"South Koreans live with an enormous tolerance for abuse" from the powerful, said one famously bullied advocate. A backlash has erupted.

NYTimes Business
May 26, 2022

Where the Ice Cream Cones at Dairy Queen and Mister Softee Come From
Joy Baking Group has cornered much of the market with one guiding principle: When it comes to cones, people want what they know.

NYTimes Business
May 26, 2022

Gen Zers Are Buying Homes. Here's Where They're Looking.
Priced out of large metro areas, many young adults are seeking mortgages in midsize cities, new research shows.

NYTimes Business
May 26, 2022

Russia Cuts Rates as Ruble Hits Multiyear High
The Russian central bank is seeking to support an economy hurt by inflation and sanctions.

NYTimes Business
May 25, 2022

Twitter is fined $150 million in privacy settlement, as Elon Musk commits more equity to fund deal.
Twitter did not do enough to tell its users that the personal data it had collected was used partly to help marketers target ads, the F.T.C. and Justice Department said.

NYTimes Business
May 25, 2022

Twitter Fined in Privacy Settlement, as Musk Commits More Equity for Deal
Twitter did not do enough to tell its users that the personal data it had collected was used partly to help marketers target ads, the F.T.C. and Justice Department said.

NYTimes Business
May 25, 2022

Bolt Starts Layoffs Amid ‘Structural Changes'
The Silicon Valley company cut jobs on Wednesday amid a souring fund-raising environment for start-ups.

NYTimes Business
May 25, 2022

E. Gerald Corrigan, Who Helped Ease '87 Stock Crash, Dies at 80
As president of the Federal Reserve Bank of New York, he favored flooding the financial system with cash to restore confidence among investors.

NYTimes Business
May 25, 2022

U.S. Budget Deficit Is Projected to Fall to $1 Trillion in 2022
The Congressional Budget Office provided an update on the path for deficits at a moment when the Federal Reserve is trying to cool the economy to tame rapid inflation.

NYTimes Business
May 25, 2022

F.D.A. Chief Details ‘Shocking' Conditions at Baby Formula Plant
Agency inspectors found a leaking roof, standing water and cracked production equipment before a facility shutdown that led to major shortages.

NYTimes Business
May 25, 2022

The U.S. budget deficit is projected to fall to $1 trillion in 2022.
The Congressional Budget Office provided an update on the path for deficits at a moment when the Federal Reserve is trying to cool the economy to tame rapid inflation.

NYTimes Business
May 25, 2022

Fed Minutes Show Officials Expecting to Raise Rates Three Times to Address Inflation
Minutes of the Federal Reserve's May meeting underscored the deep concern within the central bank about rapidly rising prices that have far exceeded the Fed's target.

NYTimes Business
May 25, 2022

Thomas S. Murphy, Broadcasting ‘Minnow' Who Swallowed ABC, Dies at 96
As the head of Capital Cities Communications, he engineered the acquisition of the TV giant. He later sold the company to Disney, at a huge profit.

NYTimes Business
May 25, 2022

Twitter's Chief Tries Staying the Course as Elon Musk Upends Plans
Parag Agrawal, Twitter's chief executive, is grappling with a takeover where nobody "would want to be in those shoes."

NYTimes Business
May 25, 2022

‘Quantum Internet' Inches Closer With Advance in Data Teleportation
Scientists have improved their ability to send quantum information across distant computers — and have taken another step toward the network of the future.

NYTimes Business
May 25, 2022

China Pushes for Regular Mass Virus Testing
The strategy risks increasing economic stress and trying people's patience.

NYTimes Business
May 25, 2022

Gun Stocks Are Muted in Early Trading
After shootings, shares in gun manufacturers tend to go up because investors figure appeals for tighter gun laws will cause a jump in sales.

NYTimes Business
May 25, 2022

Guns, Law and the Uvalde Elementary School Shooting
This could be the mass shooting that leads to significant change — or it could join the long list of other atrocities that have been followed by policy stalemates.

NYTimes Business
May 25, 2022

China Pushes for Regular Mass Covid Testing
The strategy risks increasing economic stress and trying people's patience.

NYTimes Business
May 25, 2022

Germany plans to keep coal-fired plants ready in case Russian gas is cut.
The power plants, due to be shut down, would be kept in reserve to provide electricity if Russia ends shipments of natural gas.

NYTimes Business
May 25, 2022

7 Million Bad Student Loans With No Way Out, for Anyone
The Biden administration plans to offer those with loans in default a fresh start. It would help borrowers and the government alike.

NYTimes Business
May 24, 2022

U.S. begins inquiry into industry's role in infant formula supply shortages.
The Federal Trade Commission said it would examine patterns of mergers and acquisitions to better understand how the industry became so concentrated.

NYTimes Business
May 24, 2022

US Begins Inquiry Into Industry's Role in Infant Formula Supply Shortages
The Federal Trade Commission said it would examine patterns of mergers and acquisitions to better understand how the industry became so concentrated.

NYTimes Business
May 24, 2022

Glencore Will Pay $1.1 Billion to Settle Bribery and Price-Fixing Charges
U.S. prosecutors said the settlement followed "a multiyear scheme to manipulate benchmarks used to set prices for oil at two of our country's busiest ports."

NYTimes Business
May 24, 2022

U.S. will start blocking Russia's bond payments to American investors.
The Biden administration's escalation of sanctions could lead to Russia's first default on foreign debt in a century.

NYTimes Business
May 24, 2022

Stellantis and Samsung to Spend $2.5 Billion on an EV Battery Plant in Indiana
The automaker, which owns Jeep and Ram, is seeking to catch up in a global race to build electric cars and trucks.

NYTimes Business
May 24, 2022

U.S. Will Start Blocking Russia's Bond Payments to American Investors
The Biden administration's escalation of sanctions could lead to Russia's first default on foreign debt in a century.

NYTimes Business
May 24, 2022

These Investors Are Putting $1 Billion Into Trump Media
A draft document contains the names of dozens of hedge funds and others behind the $1 billion private investment announced in December.

NYTimes Business
May 24, 2022

Stocks fall and are headed toward bear market territory again.
Investors weighed mixed economic reports and company earnings.

NYTimes Business
May 24, 2022

Harsh Winter Could Force Europe to Ration Gas, Global Energy Leader Warns
Fatih Birol, the head of the International Energy Agency, says he has been urging leaders to draw up contingency plans.

NYTimes Business
May 24, 2022

China's youth are disillusioned amid harsh zero-Covid policy enforcement.


NYTimes Business
May 24, 2022

Jen Psaki Joins MSNBC as a Host and Commentator
Ms. Psaki, President Biden's first press secretary, left her job at the White House this month.

NYTimes Business
May 24, 2022

Why Isn't New Technology Making Us More Productive?
Innovations like cloud computing and artificial intelligence are hailed as engines of a coming productivity revival. But a broad payoff across the economy has been elusive.

NYTimes Business
May 24, 2022

Hollywood's Investment Boom Continues With Deal for Spanish-Language Producer
Candle Media, run by former Disney executives, is buying Exile, which has deals to produce shows for Netflix, HBO and Amazon Prime.

NYTimes Business
May 24, 2022

Larry Summers Criticizes Biden's ‘Populist Antitrust' Approach
The economist warned that the administration's approach to competition policy carried "real risks."

NYTimes Business
May 24, 2022

Amid a Housing Crunch, Homes Pop Up on the Fairway
With large expanses of grass and trees, former golf courses are being reconsidered for housing, but developers face challenges, including community resistance.

NYTimes Business
May 24, 2022

Davos in a Time of War
President Volodymyr Zelensky of Ukraine, in a virtual speech at the World Economic Forum, urges the business world to cut its ties to Russia.

NYTimes Business
May 24, 2022

Stocks give up gains as jitters return.
Investors weighed mixed economic reports and company earnings.

NYTimes Business
May 24, 2022

Stocks Give up Gains as Jitters Return
Investors weighed mixed economic reports and company earnings.

NYTimes Business
May 24, 2022

In Covid Zero, Young Chinese Embrace ‘Run Philosophy'
Many believe that they're the most unlucky generation since 1980s as Beijing's persistent pursuit of the zero Covid policy wreaks havoc.

NYTimes Business
May 24, 2022

Interested in Solar Panels? Here Is Some Advice.
Buying a solar energy system can be expensive and confusing. Here are some things to think about if you are in the market for solar panels.

NYTimes Business
May 24, 2022

Why Has the CPI Inflation Calculation Changed Over Time?
As prices soar, some critics are raising doubts about the official inflation figures. But many economists say the figures are an accurate snapshot of rising prices.

NYTimes Business
May 24, 2022

Help! The Airline Changed My Flight Itinerary (for the Worse)
Airlines are within their contractual rights to cancel booked flights and place passengers on less-convenient routes with hours-long layovers. Our columnist investigates whether travelers have any recourse.

NYTimes Business
May 23, 2022

A Force in Hollywood's Private-Equity Boom Adds a Spanish-Language Company
Candle Media, run by former Disney executives, is buying Exile, which has deals to produce shows for Netflix, HBO and Amazon Prime.

NYTimes Business
May 23, 2022

SpaceX executive defends Elon Musk against misconduct accusations.
Gwynne Shotwell, SpaceX's president and chief operating officer, addressed sexual harassment allegations against Mr. Musk in a company email last week.

NYTimes Business
May 23, 2022

SpaceX Executive Defends Elon Musk Against Misconduct Accusations
Gwynne Shotwell, SpaceX's president and chief operating officer, addressed sexual harassment allegations against Mr. Musk in a company email last week.

NYTimes Business
May 23, 2022

Snap Says It Will Miss Earnings Goals Because of Economic Challenges
Snap's announcement comes amid a slowdown for tech start-ups, as venture capital funding has fallen and young companies have been cutting costs and laying off employees.

NYTimes Business
May 23, 2022

As Monkeypox Cases Rise, Nations Are Urged to Examine Vaccine Stores
The United States has stockpiled millions of doses of two smallpox vaccines, also effective against monkeypox. But the outbreaks so far are clustered in other countries.

NYTimes Business
May 23, 2022

Airbnb shuts down its local business in China.
The home rental service is the last remaining large U.S. internet business in China.

NYTimes Business
May 23, 2022

Google Maps Workers Say They Can't Afford the Trip Back to the Office
The contract workers are resisting a plan to resume in-person work, citing health concerns and commuting costs.

NYTimes Business
May 23, 2022

JPMorgan expects to make money from rising interest rates and bumpy markets.
Market volatility will increase revenue from trading, while borrowers will be shelling out more as rates rise, bank officials said.

NYTimes Business
May 23, 2022

Airbnb Shuts Down Its Business in China, Removing 150,000 Listings
The home rental service is the last remaining large U.S. internet business in China.

NYTimes Business
May 23, 2022

Workers at an Activision studio vote to unionize, a first for the gaming industry.
The new union affects only a small group of workers — 28 quality assurance workers at Activision's Raven studio.

NYTimes Business
May 23, 2022

U.S. moves toward supplying Romania with a new style of nuclear plant.
The proposed deal, for a smaller and cheaper kind of nuclear plant, built by an American firm, could start a race to export small reactors.

NYTimes Business
May 23, 2022

Starbucks is leaving Russia.
The coffee chain said it had closed 130 stores in the country, where a licensing partner employs about 2,000 workers, and ended its brand presence there.

NYTimes Business
May 23, 2022

Debate Over Tariffs Reveals Biden's Difficulties on China Trade
Sixteen months into the Biden presidency, U.S. officials are still divided over what to do about a trade legacy left by President Donald J. Trump.

NYTimes Business
May 23, 2022

HSBC Executive Comments Downplays Climate Change Risk
Stuart Kirk, the head of responsible investing for the bank's asset management division, said the risks of climate change had been overblown. "Who cares if Miami is six meters underwater in 100 years?"

NYTimes Business
May 23, 2022

Where Russia Once Held Court at Davos, Ukraine Makes Its Pitch
The Russia House, where oligarchs sipped vodka and talked with politicians and corporate chiefs during the World Economic Forum, has been rebranded "Russian War Crimes House."

NYTimes Business
May 23, 2022

Meta to give researchers more information on political ad targeting.
Academics and journalists will be able to see more data about the way political ads are used to target users across Facebook and Instagram.

NYTimes Business
May 23, 2022

Pfizer Says Strong Response From 3 Covid Shots in Young Children
The preliminary results appeared to show that three doses of the vaccine worked better than two.

NYTimes Business
May 23, 2022

Starbucks Will Close Stores in Russia
The coffee chain said it was closing its 130 stores in the country, where it has about 2,000 employees.

NYTimes Business
May 23, 2022

Stocks Rise After Their Brush With a Bear Market
The S&P 500 briefly entered bear market territory on Friday, and pulled higher late in the day.

NYTimes Business
May 23, 2022

The strange, swift spread of monkeypox
In his first public remarks on the outbreak, President Biden says that monkeypox is concerning and that "if it were to spread, it would be consequential."

NYTimes Business
May 23, 2022

Meta Will Give Researchers More Information on Political Ad Targeting
Academics and journalists will be able to see more data about the way political ads are used to target users across Facebook and Instagram.

NYTimes Business
May 23, 2022

Limits on borrowing would remain suspended to help E.U. countries respond to war.
The European Commission proposes to delay the reinstatement of stringent rules that were relaxed to help nations cope with the pandemic.

NYTimes Business
May 23, 2022

A Guide to Cycling in the Summer: Gear and Tips
Whether you're doing a multiday ride along a Euro-Velo route, mountain biking down a forested path or hitting the local rail trail, you'll need the right equipment. We've got you covered.

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