Today news NYT > Business
India Was the Economic Alternative to China. Trump Ended That.
A lurch in policy has shaken the India-U.S. economic alliance against China, leaving India little choice but to consider reversing its own strategy. …
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‘There Was a Death’: A Mother Fights for Justice in the Age of Fentanyl
After she lost her son to an overdose, Serena Fallon went on a quest to hold someone accountable for his death. from NYT > Business https://ift.…
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America Closed Malls, but China Kept Building Them. Now It Has Too Many.
The first closing of an Apple Store in mainland China hints at broader troubles facing the country’s shopping malls as developers open more of them d…
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Spirit Airlines Files for Bankruptcy for 2nd Time in a Year
The troubled carrier last exited Chapter 11 in March. It said more could be done to stabilize the company with a second filing. from NYT > Busin…
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Amid Tourism Boom, Disruptions at Greenland Airport Create a ‘Perfect Storm’
Problems with passenger screening led to a disruption in international flight service to and from Nuuk, a snag in the island’s quest to attract more …
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Riding Amtrak’s New Acela Train: Sleeker, Comfier and a Tiny Bit Faster
The NextGen high-speed trains feel more like those in China, Japan or France. But topping out at 160 m.p.h., they’re still relatively slow. from NY…
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When Mailing a Letter to the U.S. Becomes a Global Headache
A driver’s license renewal, a box of specialty candy, even early Christmas presents — all are caught up in the confusion caused by a new Trump admini…
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CVS Holds Off on Offering Covid Vaccines in 16 States
The country’s largest pharmacy chain said it needed a C.D.C. panel to recommend the shots before it could offer them nationwide. from NYT > Busi…
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Jim Murray, Football Executive and Charity Founder, Dies at 87
Before helping lead the Philadelphia Eagles to the Super Bowl in 1981, he helped found the first Ronald McDonald House to help the families of seriou…
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Trump Fires Member of Board That Approves Railroad Mergers
Robert E. Primus received an email from the White House terminating his position, but he said he would continue his duties. from NYT > Business …
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Medicare Will Require Prior Approval for Certain Procedures
A pilot program in six states will use a tactic employed by private insurers that has been heavily criticized for delaying and denying medical care. …
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Union Leads in Vote at Ford Battery Plant
The U.A.W. had a narrow majority in a bid to represent workers at a factory owned by Ford and SK On. But the outcome could change because of conteste…
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Travis Kelce and Taylor Swift Are Engaged. Kansas City Is Enchanted.
Chiefs fans have been cheering on their star football player’s romance with the pop star for two years. They have the T-shirts, earrings and baked go…
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The Fate of the Fed May Turn on Two Words: ‘For Cause’
The Supreme Court has said the Federal Reserve Board’s independence warrants protection. President Trump’s effort to fire a member will test that com…
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Cracker Barrel Drops New Logo Design After Conservative Backlash
The chain, known for its farmhouse aesthetic, ignited a social media firestorm when it announced its “fresh” rebrand last week. from NYT > Busin…
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Lafufus, Fake Labubus, Spawn Safety Warning and Raids
The dupes of the cute-ugly toys have left consumer complaints and warnings about safety risks and potentially hazardous chemicals in their wake. fr…
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Stock Market Reaction Is Muted After Trump’s Threats to Lisa Cook and the Fed
The market reaction was muted after President Trump moved to fire the Federal Reserve governor Lisa Cook. One economist likened the response to a fro…
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Trump Says He Is Removing Lisa Cook From Federal Reserve Board
“I have determined that there is sufficient cause to remove you from your position,” Mr. Trump said in a letter. Her dismissal threatened to touch of…
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After U.S. Takes Stake in Intel, Trump Pledges ‘Many More’ Deals
The president said he hoped to “get as much as I can,” signaling a shift in the relationship between government and private business. from NYT >…
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French Prime Minister Calls Special Parliamentary Session to Address Ballooning Debt
Prime Minister François Bayrou called a parliamentary session to address the “gravity” of the situation. An analyst said his move was “political suic…
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Keurig Dr Pepper to Acquire Peet’s in $18 Billion Deal
After the takeover, the company will split into two businesses, one focusing on coffee and one on soft drinks. from NYT > Business https://ift.t…
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5 Years On, China’s Property Crisis Has No End in Sight
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequence…
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This Is the End of China’s Once Mightiest Property Firm
China Evergrande, set to be delisted from the Hong Kong Stock Exchange on Monday, leaves behind a giant pile of debt and long line of desperate credi…
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SpaceX Starship 10th Test Flight: How and When to Watch the Launch
After setbacks in its last three flight attempts, Elon Musk’s company has a lot riding on the latest trip of its Starship prototype. from NYT > …
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They Put Off Getting in Relationships Until They Earned Enough Money
Money can’t buy love, but it can help single people feel more ready to find it. from NYT > Business https://ift.tt/RqKTWzA
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Why Haven’t Sanctions on Russia Stopped the War? The Money Is Still Flowing.
For decades, companies feared being on the wrong side of U.S. sanctions. That’s not always true anymore. from NYT > Business https://ift.tt/EOeK…
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Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks
The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at thi…
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Trump’s Tariffs Become a Wild Card for Board Game Makers
Trade war uncertainty is forcing board and card game publishers in the United States to make tough decisions, putting the future of the industry in j…
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Trump Starts Investigation That Could Lead to Tariffs on Wind Turbines
The tariffs would hamper a clean energy industry that the president has often railed against. from NYT > Business https://ift.tt/wuJX1Eb
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Ex-Employee Sentenced to 4 Years for Sabotaging Company’s Computer Network
The man, a former software developer for Eaton Corporation, wrote malicious code that crashed servers on the company’s network in 2019, prosecutors s…
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How Southwest’s New Seating Policy Will Affect Plus-Size Travelers
Among other changes, the airline will soon require travelers who “encroach upon the neighboring seat” to purchase an additional ticket, which might n…
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Nvidia’s Jensen Huang in Talks With China to Allay Security Fears Over A.I. Chips
Jensen Huang said he was “surprised” by questions about his company’s chips, given China’s eagerness to acquire them for advanced A.I systems. from…
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Podcasting Is a Talent Business. SiriusXM Is Intent on Winning.
The company famous for car radio and Howard Stern has recently climbed the podcast charts by betting hundreds of millions of dollars on shows like “C…
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Delta and United Passengers Sue Airlines Over Fees for Windowless Window Seats
Two suits filed this week accuse the airlines of unfairly charging passengers extra fees for window seats that the carriers knew were adjacent to air…
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Walmart Recalls Frozen Shrimp After Radioactive Contamination Warning
The Food and Drug Administration urged consumers to discard packages of frozen shrimp sold in 13 states. A food safety expert said the risk to the pu…
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Fed Officials Split Over How to Read Economic Signals
Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that remains above the centra…
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How to Avoid Getting Caught Up in ‘Air Rage’
The passenger fistfights seen on viral videos aren’t inevitable. Here are the warning signs and tips on how to dial down the tension. from NYT >…
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Why Does Xi Keep Purging Loyalists? Look to Stalin and Mao for the Answer.
China’s “bedside eavesdroppers,” the online posse parsing rumors for power shifts, have a lot to work with as Xi Jinping pushes aside his own politic…
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Documents Add Detail to Fox Hosts’ Desire to Help Trump
The documents were released as part of a defamation case against Fox Corporation filed by Smartmatic, an election technology company. from NYT >…
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Richard Lee, Activist Who Founded a Pot ‘University,’ Dies at 62
After he was paralyzed in an accident, his use of marijuana for medical purposes led him to become one of the nation’s most influential cannabis acti…
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A.I. Travel Tools Are Everywhere. Are They Any Good?
A.I.-powered tools can help you plan trips, squeeze value out of loyalty programs and translate languages. But don’t give up Google Flights just yet.…
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Air Canada Strike Leaves Stranded Passengers Frustrated and Angry
Many passengers are still struggling to find alternative transportation and are angry at the airline. “You feel like you’re at their mercy,” said one…
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Have You Been Unemployed for Six Months or More? We’d Like to Hear From You.
The long-term jobless rate recently hit its highest point in more than three years. Please tell us how this has affected you. from NYT > Busines…
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Jules Witcover, Political Reporter and Columnist, Dies at 98
A journalist of the old school, he covered presidential races and political affairs for several newspapers and in many books, as well as in a long-ru…
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MSNBC to Change Its Name to MS NOW
The cable news network is changing its name this year because a corporate spinoff is separating MSNBC from its cousin, NBC News. from NYT > Busi…
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The Bull and Bear Cases for Another Market Rally
Stocks are still flying high. But doubts are creeping in about the S&P 500’s run, as some analysts have flashbacks to valuations during the dotco…
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Trump’s Tariffs Will Crush India’s Exporters, Threatening Livelihoods
New U.S. taxes on American imports, even at 25 percent, will hurt many Indian businesses and may put vast numbers of people out of work. from NYT &…
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The C.E.O. of Duolingo Wants to Have a Conversation About A.I.
The language-learning app with more than 100 million users has embraced artificial intelligence but has also faced consumer backlash for it. from N…
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C.E.O.s Want Their Companies to Adopt A.I. But Do They Get It Themselves?
Some are being nudged to learn how to use the nascent technology. Coming to the C-suite retreat: mandatory website-building exercises using A.I. tool…
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MAHA Draft Report Brings Relief to Some, Chagrin to Others
A draft of an upcoming White House report on children’s health was not as harsh toward the agriculture industry as some of Robert F. Kennedy Jr.’s al…
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Frank Savage, 87, Business Leader Entangled in Enron Scandal, Is Dead
He was one of the relatively few Black Americans to reach the upper echelons of global finance. He was also a competitive sailor. from NYT > Bus…
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Phil Knight, Ex-Nike Chief, and His Wife Pledge $2 Billion to Oregon Cancer Center
Oregon Health & Science University said the couple’s donation would be the largest single gift to a higher-learning institution in the United Sta…
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PBS Slashes Budget by 21% After Federal Funding Cuts
The nonprofit will receive less revenue from its members, which are under pressure to make up for shortfalls of their own. from NYT > Business h…
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Gregory C. O’Connell, Developer Who Revived Red Hook, Dies at 83
A former N.Y.P.D. detective, he rejuvenated properties on the Brooklyn waterfront and restored a historic village in upstate New York. from NYT >…
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Uncle Nearest Whiskey Is in a Fiscal Bind
A federal judge has ordered that Uncle Nearest be placed in receivership, after a lender claimed the company’s finances are in disarray. from NYT &…
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Behind Wall Street’s Abrupt Flip on Crypto
The reversal risks declawing a century of consumer financial protections and replacing the backbone of bank accounts. from NYT > Business https:…
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Mario Paglino, 52, and Gianni Grossi, 54, Die; Designers Made Barbies Into Art
They transformed dolls into one-of-a-kind pieces that sold for thousands of dollars. A married couple, they died in a car crash in Italy. from NYT …
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Companies Are Pouring Billions Into A.I. It Has Yet to Pay Off.
Corporate spending on artificial intelligence is surging as executives bank on major efficiency gains. So far, they report little effect to the botto…
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David Mazzarella, Editor Who Helped Reshape USA Today, Dies at 87
For five years, he honed the paper’s focus on hard news and enterprising journalism, distancing it from its reputation for fluffy, bite-sized stories…
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Larry Ellison Wants to Do Good, Do Research and Make a Profit
Oracle’s co-founder and the world’s second-richest person pledges to concentrate his vast resources on his own research institute and for-profit vent…
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Trump Names EJ Antoni New BLS Commissioner
The president fired the Bureau of Labor Statistics chief after a downbeat jobs report. The move has jeopardized the credibility of economic data. f…
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Who is Lip-Bu Tan, the Intel CEO in Trump’s Cross Hairs?
Lip-Bu Tan took the reins of Intel in March. On Thursday, President Trump called for his resignation. from NYT > Business https://ift.tt/ys02PiV…
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Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs
Large firms with big bank balances, workers already in jobs and households near the top of the income ladder will have an easier time navigating the …
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China’s Automakers Are Taking a Shortcut to European Markets
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi mili…
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U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government…
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Can AriZona’s 99-Cent Iced Tea Survive Trump’s Tariffs?
The price has been AriZona’s calling card for nearly three decades. A 50 percent tariff on imported aluminum may change that. from NYT > Busines…
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Trump Attack on Intel’s C.E.O. Could Compound Factory Struggles
The challenges in Ohio highlight the risks that federal and state officials took when they financially backed Intel, a once-powerful force in chip ma…
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Trump Seeks to Sell Fannie Mae and Freddie Mac Shares to Public Investors
More than a decade after the government bailed out the mortgage giants, the Trump administration is looking for a partial stock-market exit. from N…
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Why Are Tariffs on Switzerland So High?
President Trump sees Switzerland as doing too little to address its trade deficit with the U.S., a gap he focused on as he imposed a 39% tariff on Sw…
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Trump Is Replacing Billy Long as I.R.S. Commissioner
The change comes just two months into the former Republican congressman’s tenure leading the tax agency. from NYT > Business https://ift.tt/Ju7X…
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Trump Signs Executive Order Clamping Down on ‘Debanking’
Mostly right-leaning groups have complained of forced bank account closures. The evidence is spotty. from NYT > Business https://ift.tt/NzQLesT�…
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Hailing a Ride Share? Here’s What To Know To Stay Safe.
Ride-hailing apps have built-in safety features that riders should be familiar with, experts said. from NYT > Business https://ift.tt/etBkKbl
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United Airlines System Outage Leads to Grounded Flights Nationwide
The airline said it expected additional flight delays through Wednesday night “as we work through the issue.” from NYT > Business https://ift.tt…
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Lawrence A. Bossidy, Who Led a Major Corporate Turnaround, Dies at 90
He took over the reins of the troubled Allied Signal in 1991 and within a few years made it one of America’s best-run and most profitable companies. …
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Joseph Lovett, TV Producer Who Shed an Early Light on AIDS, Dies at 80
At CBS and ABC, he pursued news segments aimed at destigmatizing gay life and drawing attention to an epidemic that at the time was largely overlooke…
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China Is a Nation of Savers. Many Are Drowning in Debt.
As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals. fr…
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NFL Will Get a Stake in ESPN in a Complex Deal
The network and sports league announced a deal that gives the N.F.L. an ownership stake in ESPN. In exchange, the network will control some of the le…
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Bolsonaro House Arrest Casts Shadow Over Brazil-U.S. Trade Talks
The Brazilian Supreme Court justice’s order could complicate efforts to negotiate over President Trump’s punishing tariffs, set to go into effect thi…
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Amazon Cuts 100 Wondery Jobs Amid Podcast Strategy Shift
The tech giant is leaning more into video and the creator world. from NYT > Business https://ift.tt/9KMt4kD
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Switzerland Rushes to Give Trump ‘More Attractive’ Offer to Cut Tariffs
The Swiss government said it had “no indication” the country would be hit with a 39 percent tariff, which is set to take effect this week. from NYT…
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‘Clash of Trades’ Reality Show Aims to Boost Prestige of US Manufacturing
This reality show is short on scandal, betrayal and tears, and has an unusual aim: Elevating U.S. manufacturing. from NYT > Business https://ift…
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What’s It Like to Deal With Brutal U.S. Tariffs? Ask Malaysia.
Once a cog in the Malaysian economy, the solar industry profited from Chinese investment. Now it’s becoming a case study of what happens when the Uni…
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Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.
The tariffs are a substantial new source of revenue for the federal government. The budget may start to depend on it. from NYT > Business https:…
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Boeing’s Machinists Union in St. Louis Is Set to Strike
About 3,200 workers who build Boeing fighter jets are poised to walk off the job after failing to reach an agreement on wages and retirement benefits…
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Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.
The tariffs are a substantial new source of revenue for the federal government. The budget may start to depend on it. from NYT > Business https:…
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Trump Will Slow, but May Not Stop, the Rise of Electric Vehicles
President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and inves…
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Trump, Claiming Weak Jobs Numbers Were ‘Rigged,’ Moves to Fire Labor Official
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data. from NYT > Business h…
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Ross Rowland, 85, Dies; a Railroad Preservationist by Way of Wall St.
He made a fortune as a commodities broker, then used his wealth to back the American Freedom Train and other high-profile vintage excursions. from …
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