NYT > Business

Wealth Matters: Seeing a Supersize Yacht as a Job Engine, Not a Self-Indulgence

Fri, 07/25/2014 - 08:55
Dennis Jones, owner of a superyacht that helped save a shipyard, says the spending that goes with a lavish lifestyle can do as much good as charity.

You’re the Boss Blog: An Owner Talks About Turning Things Around

Fri, 07/25/2014 - 07:00
Things were so good for so long, one owner said, that those at her company became comfortable: “I think that you need to kind of be rattled a little bit to make changes that are scary to make.”

Timing Is Everything: Why a Soaring Stock Market Is Wasted on the Young

Fri, 07/25/2014 - 06:36
For most people, it matters a great deal when a rise in the stock market occurs.

McDonald’s Suspends Sales of Chicken Nuggets in Hong Kong

Fri, 07/25/2014 - 06:21
The move comes amid reports that a supplier in China used long-expired meat. In Japan, McDonald’s said it was halting chicken imports from China and shifting that business to Thailand.

DealBook: Balfour Beatty and Carillion in Preliminary Talks About Possible Merger

Fri, 07/25/2014 - 05:41
The deal, if consummated, would create an infrastructure, construction and support services company worth a combined 3 billion pounds, or about $5.1 billion. Shares of both companies jumped in early London trading.

DealBook: R.B.S. Profit Beats Expectations as Results Are Reported Early

Fri, 07/25/2014 - 04:04
On a pretax basis, the bank, which is 81 percent owned by the British government, posted a profit of £1.01 billion for the second quarter, compared with £548 million in the second quarter of 2013.

DealBook: BSkyB to Buy Italian and German Units of 21st Century Fox

Fri, 07/25/2014 - 03:39
The British satellite television company said it would pay about $9 billion to acquire the broadcasters from the American media giant, which owns a 39 percent stake in BSkyB.

DealBook: A Secret in Cyprus Bank Bailout Stirs Resentment

Thu, 07/24/2014 - 22:02
Two financial rivals disagreed over the capital needs of the banking sector of Cyprus in 2013, but only one analysis was made public.

DealBook: New Rule Gives Banks Discretion on Early Loan Write-Downs, but Attracts Skeptics

Thu, 07/24/2014 - 21:47
Banks will have more leeway in deciding when to report future loan losses. That could provide information to investors earlier, but it also could lead to earnings management.

DealBook: To Woo Shire, AbbVie Trod Cautiously in Takeover Bid

Thu, 07/24/2014 - 21:34
How AbbVie came to win Shire demonstrates that even in the middle of a new boom in mergers and acquisitions, a hefty premium is no guarantee of success.

Heady Summer, Fateful Fall for Dinesh D’Souza, a Conservative Firebrand

Thu, 07/24/2014 - 21:24
Even with the prospect of jail time looming, Dinesh D’Souza has emerged as the right-wing media star of the moment, a seemingly constant presence on talk radio and Fox News.

Senator’s Bill Is Stricter on N.S.A. Than House’s

Thu, 07/24/2014 - 21:14
Senator Patrick J. Leahy said he would file a new version of a bill to end the National Security Agency’s program to collect bulk phone records.

McDonald's Takes Chicken Nuggets Off Menu in Hong Kong Amid Food Scare

Thu, 07/24/2014 - 21:12
McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it had imported products from Shanghai Husi Food, the U.S.-owned company at the center of a food safety scare in China.

Advertising: Hard-to-Watch Commercials to Make Quitting Smoking Easier

Thu, 07/24/2014 - 20:20
A campaign by the Centers for Disease Control and Prevention uses the threat of chronic disease, instead of death, to discourage smoking.

China’s Plan to Limit Coal Use Could Spur Consumption for Years

Thu, 07/24/2014 - 19:49
Under pressure to reduce smog and carbon emissions, China is considering a mandatory cap on coal use, but it would be an adjustable ceiling and would allow coal consumption to grow for years.

Sales of Big S.U.V.s Pulling the Weight at General Motors

Thu, 07/24/2014 - 18:15
The crisis-mired carmaker would be in much worse shape financially without the large vehicles that many had once written off as artifacts of prerecession excess.

Profits Tell of a Turnaround by Major Airlines, and Point to the Start of a New Era

Thu, 07/24/2014 - 17:19
American, United and Delta all posted record quarterly profits after a turbulent period of bankruptcies and mergers.

Amazon Shares Tumble as It Reports Strong Sales, and a Big Loss

Thu, 07/24/2014 - 16:45
The company continues to reinvest aggressively in its business, to the chagrin of investors hoping to see signs of profits.

High & Low Finance: The Muddled Case of Argentine Bonds

Thu, 07/24/2014 - 16:37
Because of rulings meant to force Argentina to pay its creditors, Citibank may either have to violate a court order or risk prosecution in Argentina.

Ukraine Crisis Is Testing E.U.’s Resolve

Thu, 07/24/2014 - 16:16
As it considers sanctions against Russia, the European Union faces a question: Can it reconcile competing interests, confront a conflict on its borders and play a meaningful role in foreign policy?