NYT > Business

Your Money: For Teenagers, Starting and Saving in a Roth I.R.A.

Fri, 08/01/2014 - 09:26
Opening a retirement savings account as a teenager instead of a few years after college can lead to hundreds of thousands of extra dollars after a half-century of growth.

U.S. Adds 209,000 Jobs; Unemployment Inches Up to 6.2%

Fri, 08/01/2014 - 08:32
Economists had expected the creation of about 230,000 jobs. The pace has been above 200,000 for the last six months.

Markets in Europe Falter on Weak Earnings Reports and Russia Concerns

Fri, 08/01/2014 - 07:42
The decline in shares was short of a rout, with the main indexes in London, Paris and Milan all falling more than 1 percent by midday.

Socrates Takes a Back Seat to Business and Tech

Fri, 08/01/2014 - 07:00
Looking to the future of a challenging profession, law schools wants their students to be able to advise entrepreneurs in coming fields.

DealBook: Société Générale Profit Rises as Loan Problems Recede

Fri, 08/01/2014 - 05:16
France’s second-largest bank said its second-quarter net income was up 7.8 percent to about $1.37 billion, but it still faces potential risks, including exposure to Russia.

DealBook: Bank of Ireland Reports First Profit Since 2008

Fri, 08/01/2014 - 05:12
The Dublin-based bank reported net income of about $459.3 million for the six months ended June 30, bolstered by an improved economic outlook in Ireland and Britain.

ArcelorMittal Returns to Profit

Fri, 08/01/2014 - 04:52
The world’s largest steel maker had its first profitable quarter since 2012 as demand rose in Europe and North America.

DealBook: Stock Market Ends July in Dive, but Analysts Are Upbeat

Thu, 07/31/2014 - 23:22
The stock market ended July with the sharpest decline in the Standard & Poor’s 500-stock index since April, while the Dow Jones industrial index lost all of its gains for the year.

DealBook: MoneyPak, a Popular Prepaid Money Card, Opens Path to Fraud Schemes

Thu, 07/31/2014 - 23:12
The MoneyPak card, used to transfer cash by those without access to conventional bank accounts, has also caught the eye of criminals, from a Maryland jail gang to an online prostitution ring in North Carolina.

Alibaba Is Investing Huge Sums in an Array of U.S. Tech Companies

Thu, 07/31/2014 - 21:13
The Chinese retail giant has made a half-dozen major investments in American start-ups over the last year, focusing on mobile and e-commerce.

DealBook: Both Sides See Positive Signs in Report on Financial Industry

Thu, 07/31/2014 - 21:06
A new report issued by the Government Accountability Office sought to answer whether big banks still enjoy an effective subsidy because of implied government support.

To Lift Sales, G.M. Turns to Discounts

Thu, 07/31/2014 - 21:05
The automaker has piled on cash incentives and cheap lease deals to invigorate sales of its passenger cars, particularly the smaller models.

Weak Links in China’s Food Chain

Thu, 07/31/2014 - 20:52
The OSI Group, one of the top meat producers in the United States with more than $6 billion in sales and about 20,000 employees in 17 countries, is enveloped in a food safety scandal in China.

DealBook: Argentina Is in Default, and Also Maybe in Denial

Thu, 07/31/2014 - 20:25
For a nation that went through a devastating default 13 years ago, the collective memory of what a real economic default feels like is still fresh.

Advertising: A Suggestion for the Right Shoe for Unusual Moments

Thu, 07/31/2014 - 20:04
Ads show shoes or bags and suggest occasions like “anticipatory walk of shame” and “starter husband hunting.”

Business Briefing: Kellogg Profit Falls 16% on Sluggish Cereal Sales

Thu, 07/31/2014 - 18:59
The movement by dieters away from calorie-counting, for instance, has hurt Special K, which over the years expanded to include snack bars, crackers and frozen waffles.

Work to Bolster Health Website Is Raising Cost, Officials Say

Thu, 07/31/2014 - 18:18
Obama administration officials said they were assigning new work to contractors in an effort to prevent a repetition of the problems that crippled HealthCare.gov last fall.

Johnson & Johnson Wins Praise for Pulling Uterine Surgery Devices

Thu, 07/31/2014 - 17:29
The company’s Ethicon unit, responding to safety concerns, asked that hospitals return three models of power morcellators, which are used to remove fibroids.

DealBook: Lenders to Puerto Rico Utility Extend Payment Deadline

Thu, 07/31/2014 - 17:06
The Puerto Rico Electric Power Authority owes about $800 million on two main credit lines. But if the banks force the utility to pay immediately, that could increase their likelihood of losses.

Bayern Munich Looks to Build Its Brand in the United States

Thu, 07/31/2014 - 16:59
The German powerhouse Bayern Munich has opened an office in Manhattan in an effort to market itself more effectively in the United States.