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home : ny times rss feeds : business October 21, 2017

After Harvey Weinstein’s Fall, Spotlight Finds His Brother
Bob Weinstein long operated in the shadow of his sibling, but is now scrambling to hold their company together while facing an uncertain future of his own.... More >>

Your Money: The Long Story of the Movement Toward College Cost Clarity
New bipartisan bills are aimed at forcing colleges to clear up a murky, confusing system so that prospective students understand the options.... More >>

Regulator Blasts Wells Fargo for Deceptive Auto Insurance Program
A federal regulator’s report added to pressure on Wells Fargo and suggested that the bank will have to set aside more money to pay back customers it harmed.... More >>

Japan’s Young Workers Get a Lift, and Its Leaders Profit
Prime Minister Shinzo Abe stands to benefit in Sunday’s elections because wage growth and a tight job market have demoted the economy as a campaign issue.... More >>

Wealth Matters: Investors Push Into a Resurging Market: House Flipping
Funds that finance house flippers offer reliable returns of about 8 percent, for those who can invest at least $100,000.... More >>

A Boom in Credit Cards: Great News for Banks, Less So Consumers
Card debt has soared to record levels, generating big profits for banks but leaving some people with unmanageable payments.... More >>

Common Sense: My Smartphone Died, and I Didn’t Miss It. Well, Maybe a Little.
A trip to Italy with a dead smartphone resulted in some predictable withdrawal pains, but also provided welcome respite from the clutter of information.... More >>

Australia Mourns the End of Its Car Manufacturing Industry
On Friday, Holden employees bid farewell to Australia’s last car factory, wondering if the government could have done more to save it.... More >>

Book News: Australia’s Amazon Book Battle
The online retailer is moving in. Booksellers are nervous. But disrupting Australians’ reading habits might not be so easy to do.... More >>

Lyft Is Said to Explore I.P.O. as It Raises $1 Billion Led by Alphabet
The ride-hailing company is exploring a 2018 initial public offering, as it added fresh capital to its coffers from investors including a venture arm spun out of Google.... More >>

9 Ways to Help You Become a Smarter Investor
We’ve pulled together some of the biggest issues in investing in a quarterly report that can help you navigate the murky waters of finance, with some laughs and lessons along the way.... More >>

China’s Reform Hopefuls Watch for Names. Only One May Matter.
A leadership shuffle in the Communist Party could hint at its commitment to an economic overhaul, but Xi Jinping’s growing power may hinder that effort.... More >>

Corner Office: Chamath Palihapitiya of Social Capital on the Paradox of Ego and Humility
The chief executive of a venture fund says that while many leaders have strong egos, they have to be humble in precise ways about ideas and decisions.... More >>

Bits: Farhad and Mike’s Week in Tech: Regulation Is Looming
In this week’s tech newsletter, the tech giants battle Washington’s regulatory fervor. Also, Lyft gets a lot of money, and Google may remake Toronto.... More >>

Hudson’s Bay C.E.O. to Step Down Before Holiday Shopping Season
Gerald L. Storch will depart the Canadian retailer, which faces increased pressure to raise profits at Saks Fifth Avenue and Lord & Taylor, on Nov. 1.... More >>

I.R.S. Says It Will Reject Tax Returns that Lack Health Insurance Disclosure
The agency says it won’t accept individual tax returns that don’t meet requirements under the Affordable Care Act.... More >>

Meet the People Who Will Defend Google, Facebook and Twitter Before Lawmakers
The internet companies are putting their general counsels in the hot seats in front of lawmakers on Nov. 1.... More >>

Mind: How Fiction Becomes Fact on Social Media
Platforms like Facebook and Twitter offer up memes designed to feel real, if only for an instant — long enough for our minds to make a false connection.... More >>

Giving Away Billions as Fast as They Can
A new crop of mega-philanthropists — from Soros to Gates to Koch — eclipses old guard, changes the rules and courts controversy.... More >>

G.E.’s New Strategy: Less Is More
John Flannery, the company’s new leader, offered new details about his strategy, along with disappointing third-quarter results.... More >>

Wildfires Spared the Vineyards, but the Wines Could Suffer
Winemakers in Northern California feel they dodged the worst, but have short-term worries about the grapes.... More >>

Fox News Apologizes for Featuring Veteran Who Lied About Being a Navy SEAL
The network identified the veteran, John Garofalo, as a SEAL who had been awarded 22 commendations, including two Purple Hearts. It wasn’t true.... More >>

BMW Headquarters Is Raided in Collusion Inquiry
The raid by the European Commission is a sign that an antitrust investigation involving German automakers may be intensifying.... More >>

Workspace: Running a Business, Sharing an Office
Sharing an office gives a nutritionist room for her business and access to a conference room in which to meet clients. She often brings her own green tea.... More >>

Senate’s Budget Vote Gives Markets Some Hope: DealBook Briefing
Investors reckon passage of the budget blueprint improves Republicans’ chances of getting some kind of tax overhaul through Congress.... More >>

South Korea Will Resume Reactor Work, Defying Nuclear Opponents
The decision to restart two stalled projects reverses a campaign promise by President Moon Jae-in and disappoints supporters seeking a phaseout of nuclear power.... More >>

Senate Approves Budget Plan That Smooths Path Toward Tax Cut
On Thursday night, the Senate narrowly approved a budget plan that would protect a $1.5 trillion tax cut from a Democratic filibuster.... More >>

Sean Penn Fights With Netflix Over El Chapo Documentary
Lawyers for the actor warned Netflix it would be responsible if Mr. Penn was harmed because of the series, which examines his 2015 meeting with a wanted drug dealer.... More >>

Listen: Why This Actress Returned to Weinstein’s Hotel Room
Erika Rosenbaum, a Canadian actress, said that Harvey Weinstein repeatedly used the lure of work to lead her into harrowing situations over a decade ago.... More >>

What May Seem Good for New York Is Not Always Good for Its Mayor
Go to Yankee Stadium? Buy from Amazon or Starbucks? Mayor Bill de Blasio just can’t do it, even when his job would seem to call for such gestures.... More >>

Breakingviews: Competition, and Debt, Could Spell Trouble for Verizon
Verizon’s perch as the No. 1 carrier in the United States looks secure. But the gap is narrowing. And a heavy debt load could hobble Verizon’s ability to quickly change lanes.... More >>

United Continental Shares Slip as Lower Profit Looms
Wall Street investors said they were skeptical of the airline’s plan to take on lower-cost competitors.... More >>

Tarantino on Weinstein: ‘I Knew Enough to Do More Than I Did’
Quentin Tarantino says he knew about allegations against Harvey Weinstein and feels ashamed about not taking a stronger stand.... More >>

Party Coverage: Scene City: Departing Elle Editor Robbie Myers Gets Party, Tells of Fire
A little over a week after Ms. Myers stepped down from her position at the magazine, she and her two children had to evacuate their apartment.... More >>

An Alternative to Burial and Cremation Gains Popularity
Fifteen states, most recently California, have rules allowing for the liquefaction of human remains through a process called alkaline hydrolysis.... More >>

Wheels: Would You Like My Car to Make You Some Water?
Engineers are finding ways to have cars do much more than take us from Point A to Point B — including producing and dispensing water.... More >>

Trump Picks Joseph Simons, Corporate Antitrust Lawyer, to Lead F.T.C.
The choice comes at a time of broad bipartisan concern over corporate consolidation and big deals in the waiting.... More >>

Nissan Suspends Production in Japan Because of Flawed Inspections
Workers without the required credentials were certifying cars despite the problem having led to 1.2 million vehicles being recalled this month.... More >>

Want to Clap for Xi Jinping’s Speech? Use Your Smartphone
A WeChat app lets users show appreciation for the Chinese leader’s words by mashing their screens. The game says players have clapped a billion times so far.... More >>

Japanese Carmakers Call Kobe Steel’s Products Safe Despite Scandal
A round of positive findings from Toyota, Honda and Mazda could help lift a cloud over the Japanese supplier, which has said its inspectors falsified data.... More >>

Ken Chenault’s Retirement Makes a Small Club Smaller: DealBook Briefing
When the American Express C.E.O. steps down in February, there may be just three black men running Fortune 500 companies.... More >>

Monetary Policy: The Fed Claims to Be Independent. That’s Mostly a Myth.
History shows that the central bank needs to maintain broad political and public support, or risk having its autonomy curbed by Congress and the president.... More >>

Senators Demand Online Ad Disclosures as Tech Lobby Mobilizes
Tech has fought online ad regulations, but three senators will introduce a bipartisan bill to force the industry to disclose who buys political ads.... More >>

Economic View: A Stock Market Panic Like 1987 Could Happen Again
On Oct. 19, 1987, the stock market fell more than 20 percent. It would be comforting to believe a crash couldn’t recur. But we are still at risk.... More >>

Kelly Clarkson Is Nobody’s Puppet
She’s always been outspoken, honest and unfiltered. But now the singer is taking more control of her sound, with a new album, “Meaning of Life.”... More >>

A Madoff Gets a Makeover, by Giving Them
“Don’t think that you’re staring at some girl who has it all,” Stephanie Mack tells personal-shopping clients. “Let me tell you what happened to me.”... More >>

Europe’s Fastest-Growing Economy Could Be Headed for Trouble
Much of the growth in Romania is the product of a consumer bonanza, and economists worry that the good times cannot last given a lack of investment.... More >>

China’s Economy Grew Steadily, Thanks to Loans and Homes
China’s economy expanded by 6.8 percent in the third quarter, but an upswing in credit suggests Beijing is still grappling with an addiction to debt.... More >>

Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR

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