A Better Year for Trump’s Family Business (Last Year, That Is)

NYT business - Fri, 07/31/2020 - 18:38
In 2019, the Trump Organization showed improvement over the previous year. But the company’s minimum reported revenues still fell short of the president’s first year in office, his new financial disclosure shows.
Categories: Economics-Business

Florida Teenager Is Charged as ‘Mastermind’ of Twitter Hack

NYT business - Fri, 07/31/2020 - 17:44
The authorities arrested a 17-year-old who they said ran a scheme that targeted the accounts of celebrities, including former President Barack Obama and Elon Musk. Two others were also charged.
Categories: Economics-Business

James Murdoch Resigns From News Corp

NYT business - Fri, 07/31/2020 - 17:36
While his elder brother, Lachlan Murdoch, rises in the family business, James Murdoch has grown more distant from his father’s companies.
Categories: Economics-Business

Remote Work Isn’t Working? Maybe Your Company Is Doing It Wrong

NYT business - Fri, 07/31/2020 - 16:54
Experts have tips on the office routines that need to change when everyone’s working from home. Meetings, for one.
Categories: Economics-Business

Microsoft Said to Be in Talks to Buy TikTok, as Trump Weighs Curtailing App

NYT business - Fri, 07/31/2020 - 16:51
The discussions come as TikTok’s ownership by a Chinese company is under scrutiny by the White House and lawmakers.
Categories: Economics-Business

Despite Historic Plunge, Europe’s Economy Flashes Signs of Recovery

NYT business - Fri, 07/31/2020 - 16:29
European countries that have better contained the virus are poised for speedier economic recovery than the United States.
Categories: Economics-Business

Kodak C.E.O. Got Stock Options Day Before News of Loan Sent Stock Soaring

NYT business - Fri, 07/31/2020 - 15:55
The stock options suddenly were worth about $50 million — the latest instance of extraordinary good timing by corporate executives.
Categories: Economics-Business

Does Trump Want to Save His Economy?

NYT business - Fri, 07/31/2020 - 14:52
The president is showing little urgency or strategy as the economic recovery stalls ahead of the November election.
Categories: Economics-Business

In Argentina’s Debt Negotiations, a Kinder, Gentler Capitalism Faces a Test

NYT business - Fri, 07/31/2020 - 14:23
BlackRock, the world’s largest asset management company, is opposing a debt settlement deal with Argentina as the country grapples with soaring poverty and the pandemic.
Categories: Economics-Business

I Tried to Live Without the Tech Giants. It Was Impossible.

NYT business - Fri, 07/31/2020 - 13:54
As lawmakers debate whether Apple, Google, Facebook, and Amazon are monopolies, a reporter recalls her attempt to avoid interacting with the companies.
Categories: Economics-Business

‘Hey, You Free on Friday for a Meeting and a Bank Heist?’

NYT business - Fri, 07/31/2020 - 13:49
Eager for an alternative to Zoom, executives are getting together in video games, to bond, brainstorm or rampage.
Categories: Economics-Business

Contact Tracing Is Failing in Many States. Here’s Why.

NYT business - Fri, 07/31/2020 - 13:48
Inadequate testing and protracted delays in producing results have crippled tracking and hampered efforts to contain major outbreaks.
Categories: Economics-Business

Can’t Afford a Birkin Bag or a Racehorse? You Can Invest in One

NYT business - Fri, 07/31/2020 - 12:51
Interest in fractional investments has grown as the pandemic has forced more people to spend time at home, but advisers say the strategy has risks.
Categories: Economics-Business

Mutual Fund Winners Don’t Stay Ahead for Long

NYT business - Fri, 07/31/2020 - 11:50
A new study finds that hot mutual funds generally don’t keep outperforming from year to year, overturning an important finding from the 1990s.
Categories: Economics-Business

Democrats Decry Fed Push to Ease Capital Requirements for Big Banks

NYT business - Fri, 07/31/2020 - 11:44
Senators Sherrod Brown and Elizabeth Warren criticized a Fed-backed effort to slip a change into the next coronavirus relief package
Categories: Economics-Business

In Britain, the Economic Comeback Is in the Suburbs

NYT business - Fri, 07/31/2020 - 09:07
Central London remains “very, very quiet” while shops and cafes outside town centers are seeing a fragile recovery.
Categories: Economics-Business

‘America, What a Country.’ Michael Dell on His Life and Business

NYT business - Fri, 07/31/2020 - 07:40
The billionaire tech executive discusses capitalism, immigration, innovation and why 2020 has given us “a glimpse of the future.”
Categories: Economics-Business

Big Tech Companies Report Big Profits

NYT business - Fri, 07/31/2020 - 06:10
Big tech companies reported bumper profits in the shadow of congressional scrutiny over their outsize market power.
Categories: Economics-Business