NYT > Business

Bits Blog: With the Blessing of Bill Gates, an Unlikely Summertime Best Seller

Wed, 07/23/2014 - 07:34
Microsoft’s co-founder has resurrected “Business Adventures,” a book published in 1969, and made it a best seller by declaring it his favorite business book.

Green Column: Geothermal Industry Grows, With Help From Oil and Gas Drilling

Wed, 07/23/2014 - 05:48
Growth in hydraulic fracturing, the technique of extracting oil or gas from hard rock, has shortened the learning curve for the geothermal industry.

Sinosphere Blog: 5 Detained in China Over Processing of Spoiled Meat

Wed, 07/23/2014 - 05:37
Five people have been detained in China in an investigation of the use of expired or rotten meat to make products for fast-food restaurants.

DealBook: Offering Small Fees, Banks Cater to Low-Income Customers

Tue, 07/22/2014 - 21:08
The products provide a different kind of payout: good will from regulators and a chance to woo customers who might one day become profitable.

DealBook: The ‘Death Blow’ to Herbalife Promised by William Ackman Falls Short of Its Billing

Tue, 07/22/2014 - 21:05
The hedge fund billionaire William A. Ackman spent more than three hours trying to convince everyone who would listen that Herbalife is a fraud. Its stock rose more than 25 percent.

State of the Art: Review: Amazon’s Fire Phone

Tue, 07/22/2014 - 21:00
Despite its flashy features, such as Dynamic Perspective and Firefly, the Fire Phone can stand alone for those uninterested in such frills.

DealBook: Fed Is Said to Criticize Deutsche Bank’s Oversight and Reporting Efforts

Tue, 07/22/2014 - 20:58
A lawyer for a former employee of the bank said the Federal Reserve Bank of New York told the German bank of its findings in December.

Deal Professor: Changing Old Antitrust Thinking for a New Gilded Age

Tue, 07/22/2014 - 20:56
Industry-consolidating acquisitions are all the rage, creating huge corporations similar to the trusts of a century ago, but different enough to require policy that considers effects beyond competition.

Apple Case Over Labor Code Is Granted Class-Action Status

Tue, 07/22/2014 - 20:48
A judge in California certified a class of 21,000 current and former Apple employees who claim the company did not give them required meal and rest breaks.

Officials Focus on E-Cigarette Ads Aimed at Youths

Tue, 07/22/2014 - 20:29
State attorneys general are being urged to consider legal action against companies that appear to be trying to lure young people with old advertising tactics that drew others to smoke, officials say.

Familiar Ignition Flaw Leads to Recall by Chrysler of Jeep S.U.V.s

Tue, 07/22/2014 - 20:27
The defect affects a still-undetermined number of Jeep Commanders and Grand Cherokees manufactured between 2005 and 2007.

Business Briefing: Increase in Wireless Customers Lifts Verizon’s Revenue

Tue, 07/22/2014 - 19:24
The nation’s largest wireless telecommunications company reported better-than-expected revenue on Tuesday after a jump in wireless customers and a surge in tablet sales.

Business Briefing: McDonald’s Profit Slips as U.S. Sales Lag Again

Tue, 07/22/2014 - 19:22
The chain has been struggling to grow in its flagship market in the face of intensifying competition, changing eating habits and the persistent financial struggles of its lower-income customers.

The 30-Minute Interview: Stanley C. Gale

Tue, 07/22/2014 - 18:36
Mr. Gale is the chairman and chief executive of Gale International, a development company based in New York.

What the Future Holds: Technology, Aided by Recession, Is Polarizing the Work World

Tue, 07/22/2014 - 18:30
Routine tasks that follow well-defined procedures are especially likely to be taken over by computers, and the recession has sped this process up.

Square Feet: Top Hong Kong Properties Resist Market Forces

Tue, 07/22/2014 - 18:07
While cooling measures have affected most real estate, the very rich are holding onto the city’s most expensive homes.

Square Feet: Former Verizon Buildings Sold for Conversions

Tue, 07/22/2014 - 18:04
Verizon Communications has been selling many of its massive buildings in New York, which are being converted into condos, medical centers and hotels.

Economic Scene: A Dearth of Investment in Much-Needed Drugs

Tue, 07/22/2014 - 18:02
While researchers pursue high-cost remedies for rare ailments, development of broadly useful drugs like antibiotics is lagging.

Nokia Bolsters Microsoft Revenue, but Earnings Slip

Tue, 07/22/2014 - 17:43
Revenue at Microsoft was slightly higher than analysts expected, but earnings were 5 cents a share lower. Above, Satya Nadella, Microsoft’s chief, showing off a Nokia Lumia smartphone in April.

Apple Reports $7.7 Billion Profit on Strong iPhone Sales

Tue, 07/22/2014 - 17:00
Sales for the smartphone grew even in a time of year when smartphone sales are expected to be slow.