newsinsides

The sportswear company, which cut ties with Kanye West over his antisemitic remarks, will donate proceeds from its $1.3 billion inventory of Yeezy-brand sneakers and other goods. source https://www.nytimes.com/2023/05/31/business/adidas-yeezy-kanye-west.html

The Transportation Department wants new cars to automatically stop when they detect an accident is likely. source https://www.nytimes.com/2023/05/31/business/automatic-braking-cars.html

An executive at the bank said in a deposition that the lender cut ties with Mr. Epstein after James Staley, his main advocate at JPMorgan, left. It was one of dozens of depositions in the sprawling litigation. source https://www.nytimes.com/2023/05/31/business/jpmorgan-jeffrey-epstein-depositions.html

The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States. source https://www.nytimes.com/2023/05/31/business/energy-environment/europe-battery-factory-subisidies.html

As investors press the oil giant on climate issues, activists say that a hedge fund’s eco-focused victory over the company two years ago has achieved little. source https://www.nytimes.com/2023/05/31/business/dealbook/engine-no-1-exxon-mobil.html

At Amazon, warehouse workers have shown support for corporate colleagues, noting they have nothing to gain if office workers lose flexibility that the pandemic proved possible. source https://www.nytimes.com/2023/05/31/business/work-home-return-office-amazon.html

The decision gives the Purdue Pharma owners long-sought protection, but it will release billions of dollars from their fortune to states and communities to help cope with the costs of addiction. source https://www.nytimes.com/2023/05/30/health/sacklers-purdue-liability-bankruptcy.html

The show plans to use recorded music instead of a live band, but a labor union says its contract for the theater requires musicians for musicals. source https://www.nytimes.com/2023/05/30/theater/here-lies-love-david-byrne-musicians.html

With youth unemployment at a record, the Communist Party is trying to reset expectations about social mobility by talking up the virtue of hardship. source https://www.nytimes.com/2023/05/30/business/china-youth-unemployment.html

The disgraced founder of the blood testing start-up Theranos, who was convicted of fraud, is expected to report to a minimum-security prison in Texas. source https://www.nytimes.com/2023/05/30/technology/elizabeth-holmes-theranos-prison.html

Leaders from OpenAI, Google Deepmind, Anthropic and other A.I. labs warn that future systems could be as deadly as pandemics and nuclear weapons. source https://www.nytimes.com/2023/05/30/technology/ai-threat-warning.html

Climate-focused shareholder activists have scored only a few victories in their efforts to push oil giants to adopt cleaner business strategies. source https://www.nytimes.com/2023/05/30/business/dealbook/climate-shareholder-activists-oil.html

For decades the state has been setting policy for the whole nation. Now red states are pushing back. source https://www.nytimes.com/2023/05/30/magazine/california-effect.html

Spending caps, additional work requirements for food stamps and a new natural gas pipeline are just several of the components in a deal President Biden and Speaker Kevin McCarthy reached to prevent default. source https://www.nytimes.com/2023/05/29/business/debt-ceiling-agreement.html

With low unemployment and above-trend inflation, the economy is well positioned to absorb the modest budget cuts that President Biden and Republicans negotiated. source https://www.nytimes.com/2023/05/29/us/politics/debt-ceiling-economy.html

After a painting by the Dutch artist sold at auction, a movie producer claimed to be the owner. It later vanished from sight, with a trail leading to Caribbean tax havens and a jailed Chinese billionaire. source https://www.nytimes.com/2023/05/29/world/asia/van-gogh-china-buyer.html

Pandemic lockdowns, on the heels of the turmoil of pro-democracy protests, hurt an airline that relied on Hong Kong as a vibrant gateway to Asia. source https://www.nytimes.com/2023/05/29/business/cathay-pacific-hong-kong.html

First, Salt Life was a tattoo. Then it became a logo. Now it is a lifestyle brand with plans to open stores from coast to coast. source https://www.nytimes.com/2023/05/28/style/salt-life-clothes.html

The streaming company had said it was looking for ways to increase revenue. And one way was to make more people pay for the service. source https://www.nytimes.com/2023/05/27/business/media/netflix-streaming-password.html

The United States announced a deal to coordinate supply chains with allies, but prominent business groups said the deal fell short on reducing tariffs and other trade barriers. source https://www.nytimes.com/2023/05/27/business/economy/biden-indo-pacific-trade-deal.html

In a recent Pew survey, top reasons included worry about falling behind and fear of being fired. DealBook wants to know yours. source https://www.nytimes.com/2023/05/27/business/dealbook/unused-paid-time-off.html

If work for companies like Uber and Lyft once carried some appeal for offering flexibility, the kind of labor it has come to represent is now used by some as shorthand for a raw deal. source https://www.nytimes.com/2023/05/27/business/gig-work-uber-lyft-writers-strike.html

The cash balance at the Treasury Department is now lower than the net worth of some of the world’s richest people. source https://www.nytimes.com/2023/05/26/us/politics/cash-us-treasury-billionaires.html

Here’s a look at what markets are expecting and planning for, and how a default might happen. source https://www.nytimes.com/2023/05/26/business/economy/debt-limit-default.html

New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases. source https://www.nytimes.com/2023/05/26/business/economy/consumer-spending-april.html

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting. source https://www.nytimes.com/2023/05/26/business/debt-ceiling-deal-markets.html

Troubles at the restaurant chain Burgerim highlight concerns about whether franchisees need more protection in their contracts with franchisers. source https://www.nytimes.com/2023/05/26/business/burgerim-ftc-franchise.html

The facility is the second battery project under development in the state by Hyundai Motor Group and may bring 3,000 jobs. source https://www.nytimes.com/2023/05/26/business/hyundai-lg-georgia-battery-plant.html

Two lawsuits claim that the nation’s largest bank ignored signs about Jeffrey Epstein’s sex trafficking because it was profiting from its relationship with him. source https://www.nytimes.com/2023/05/25/business/jpmorgan-jeffrey-epstein.html

In a unanimous decision, the justices sided with a 94-year-old woman who got nothing when the state sold her condominium to recoup unpaid taxes. source https://www.nytimes.com/2023/05/25/us/supreme-court-condo-taxes.html

Shareholders are set to vote on Thursday whether to back the gene-sequencing company’s incumbent board or candidates named by the activist investor. source https://www.nytimes.com/2023/05/25/business/icahn-illumina-shareholder-vote.html

Our personal tech columnist shares how to improve many parts of your life. source https://www.nytimes.com/2023/05/25/technology/ai-chatbot-chatgpt-prompts.html

Nanchang’s skyscrapers represented urban transformation, but the city added apartments faster than its population grew. The result: vacant homes and offices. source https://www.nytimes.com/2023/05/25/business/china-housing-crisis-nanchang.html

What was supposed to be a crowning moment for Mr. Musk’s Twitter turned into a series of technical glitches. source https://www.nytimes.com/2023/05/24/technology/elon-musk-desantis-twitter.html

To manage its risks, “superintelligent” artificial intelligence should be governed by a body similar to the International Atomic Energy Agency, the lab’s leadership said in note on its website. source https://www.nytimes.com/2023/05/24/business/artificial-intelligence-regulation-openai.html

The Florida governor’s plan to announce his presidential campaign on the social network is the latest sign of the company’s efforts to court conservatives. source https://www.nytimes.com/2023/05/24/business/dealbook/desantis-twitter-presidential-campaign.html

Investors have again rushed into the conglomerate controlled by Gautam Adani after a panel signaled that the investigation into the company’s finances was getting nowhere. source https://www.nytimes.com/2023/05/24/business/adani-stock-price.html

If the government misses an interest payment, even by a few hours, its creditworthiness will suffer, possibly for a long time. source https://www.nytimes.com/2023/05/24/business/debt-default-credit-ratings.html

Consumer prices rose 8.7% from a year earlier, the slowest pace since March 2022. source https://www.nytimes.com/2023/05/24/business/uk-inflation-april.html

The new agreement, if ratified, will give union members immediate salary increases of up to 12.5 percent. source https://www.nytimes.com/2023/05/23/business/media/new-york-times-news-guild-contract.html

The Florida governor is expected to appear on a live audio conversation with Mr. Musk, the social platform’s owner. source https://www.nytimes.com/2023/05/23/us/politics/desantis-elon-musk-twitter.html

A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences. source https://www.nytimes.com/2023/05/23/business/ai-picture-stock-market.html

The Bipartisan Policy Center said the government will be operating on “dangerously low” cash reserves after Memorial Day in its estimate of the so-called X-date. source https://www.nytimes.com/2023/05/23/business/debt-limit-default-xdate-report.html

Almost all cervical cancer deaths now occur in developing countries. Tanzania is trying to inoculate girls against the virus that causes the disease — nearly 20 years after rich countries began offering the shot. source https://www.nytimes.com/2023/05/23/health/hpv-vaccine-tanzania.html

With the United States at risk of defaulting for the first time, Speaker Kevin McCarthy and President Biden met again but remained far apart on a deal. source https://www.nytimes.com/2023/05/22/us/politics/mccarthy-biden-meeting-debt-limit-talks.html

As a psychological coach (and ex-player), he helped revive a woeful Cleveland baseball team. He had a WFAN show about youth sports and shepherded best sellers. source https://www.nytimes.com/2023/05/22/sports/rick-wolff-dead.html

With the United States at risk of defaulting for the first time, hopes for a breakthrough have dimmed in recent days. source https://www.nytimes.com/2023/05/22/us/politics/biden-mccarthy-debt-limit.html

A Chinese government block on Micron Technology’s memory chips marks how far apart the two economic powers are drifting on tech policy. source https://www.nytimes.com/2023/05/22/business/micron-technology-china-ban.html

Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday. source https://www.nytimes.com/2023/05/22/business/dealbook/jpmorgan-dimon-succession.html

The Facebook owner said it would appeal an order to stop sending data about European Union users to the United States. source https://www.nytimes.com/2023/05/22/business/meta-facebook-eu-privacy-fine.html

Lyft and Uber have opposed the legislation, with Uber threatening to leave the state if it is enacted. source https://www.nytimes.com/2023/05/21/technology/minnesota-uber-lyft-gig-work.html

The executive hosted sessions about race and being a white woman that were titled “Don’t Call Me Karen,” prompting an employee uproar. source https://www.nytimes.com/2023/05/21/business/uber-bo-young-lee-suspended.html

The United States is entering an array of agreements to secure the critical minerals necessary for the energy transition, but it’s not clear which of the arrangements can succeed. source https://www.nytimes.com/2023/05/21/business/economy/minerals-electric-cars-batteries.html

The latest clash between Florida’s governor and Disney. The looming X-date. And the boom this year in corporate bankruptcies. source https://www.nytimes.com/2023/05/21/business/the-week-in-business-ban-tiktok.html

The United States is entering an array of agreements to secure the critical minerals necessary for the energy transition, but it’s not clear which of the arrangements can succeed. source https://www.nytimes.com/2023/05/21/business/economy/the-us-needs-minerals-for-electric-cars-everyone-else-wants-them-too.html

Discussions meant to avoid a default have bogged down amid disagreements over spending caps, work requirements and new Republican proposals. source https://www.nytimes.com/2023/05/21/us/politics/biden-debt-limit.html

Financial markets are still betting that Congress and the White House will strike a deal. But the uncertainty alone is having consequences. source https://www.nytimes.com/2023/05/20/business/economy/debt-limit-default-economy.html

The company’s high-volume approach to digital publishing has led to duplicated stories and alienated some of its journalists. At least one editor has already resigned. source https://www.nytimes.com/2023/05/20/business/the-messenger-news-startup.html

The U.S. finds itself caught between defending President Biden’s climate change agenda and aiding allies intent on increasing their access to fossil fuels. source https://www.nytimes.com/2023/05/20/world/asia/climate-fossil-fuels-g7.html

These self-proclaimed “architects of swag” work closely with celebrities, post regularly on Instagram and earn six figures, taking what can be a monotonous job to new levels. source https://www.nytimes.com/2023/05/20/business/lionel-harris-brownie-blendz-the-shop.html

Prices of new and used vehicles were supposed to recede quickly as supply chain problems dissipated. The market had other ideas. source https://www.nytimes.com/2023/05/20/business/economy/car-prices-inflation.html

The financial services industry is plotting how to incorporate tools like ChatGPT into its products. But humans will still be necessary to provide personal advice. source https://www.nytimes.com/2023/05/20/business/ai-financial-advice-chatgpt.html

They argued that Judge Mark E. Walker’s comments in two unrelated proceedings displayed a bias toward the company. source https://www.nytimes.com/2023/05/19/business/disney-ron-desantis-florida.html

The president told allied leaders that he would allow Ukrainian pilots to be trained on American-made F-16s, and is prepared to approve other countries’ transferring the jets to Ukraine. source https://www.nytimes.com/2023/05/19/world/europe/ukraine-f-16s-biden-russia.html

The bank had not fixed its problems before it failed, they said. Its leader was not excluded from the sale process. source https://www.nytimes.com/2023/05/18/business/silicon-valley-bank-becker-regulators.html

Investors, executives and economists are preparing contingency plans as they consider the turmoil that would result from a default in the $24 trillion U.S. Treasury market. source https://www.nytimes.com/2023/05/18/business/default-debt-what-happens-next.html

The Theranos founder, who was convicted last year of defrauding investors, lost her bid to remain free on bail while she appeals her conviction. source https://www.nytimes.com/2023/05/18/business/elizabeth-holmes-jail-restitution.html

New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade. source https://www.nytimes.com/2023/05/18/business/dealbook/corporate-bankruptcies-high-debt.html

Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow. source https://www.nytimes.com/2023/05/18/business/g7-biden-oil-price-cap-russia.html

Couples are racing to find new wedding registries while suppliers seek other customers and competing retailers pledge to accept that big blue coupon. source https://www.nytimes.com/2023/05/18/business/bed-bath-beyond-bankruptcy.html

Soo Hugh (“Pachinko”) and Damon Lindelof (“Lost,” “Mrs. Davis”) discuss learning from their staffs, wanting to hear “no” and navigating the writers’ strike. source https://www.nytimes.com/2023/05/17/arts/television/damon-lindelhof-soo-hugh-tv-series.html

The appointment caps a fast rise at the network by Ms. Collins, 31, who previously covered the Trump and Biden administrations. source https://www.nytimes.com/2023/05/17/business/media/cnn-kaitlan-collins.html

Lawmakers and Sam Altman, the chief executive of OpenAI, agreed that artificial intelligence should be regulated. How to do that remains an open question. source https://www.nytimes.com/2023/05/17/business/openai-altman-congress-ai-regulation.html

There’s stuff to promote now. The followers can come later. source https://www.nytimes.com/2023/05/17/business/tiktok-influencers-gen-z.html

The Kuomintang nominated Hou Yu-ih, a popular mayor who has said little about geopolitical issues, as the party tries to appeal to voters wary of Beijing. source https://www.nytimes.com/2023/05/17/world/asia/taiwan-china-kmt-election.html

A worrisome scarcity of cancer drugs has heightened concerns about the troubled generic drug industry. Congress and the White House are seeking ways to address widespread supply problems. source https://www.nytimes.com/2023/05/17/health/drug-shortages-cancer.html

President Biden announced a two-year pause on the tariffs last year after importers complained that the penalties would threaten broader adoption of solar energy in the United States. source https://www.nytimes.com/2023/05/16/us/politics/biden-solar-tariffs-veto.html

A new division set up by the government to pursue sanctions evasion and technology espionage announced arrests of individuals with ties to foreign governments. source https://www.nytimes.com/2023/05/16/us/politics/sanctions-tech-espionage-china-russia.html

The Federal Trade Commission said the deal would enable Amgen to “entrench” the monopoly positions of two Horizon drugs that lack competition. source https://www.nytimes.com/2023/05/16/business/amgen-horizon-therapeutics-lawsuit.html

Sam Altman, who leads ChatGPT’s parent company, is expected to call for some regulation of artificial intelligence as Washington weighs its next steps. source https://www.nytimes.com/2023/05/16/business/dealbook/altman-openai-senate.html

Some shareholders saw the automaker’s decision to move up the deadline by two months as a way to suppress criticism during the company’s annual meeting on Tuesday. source https://www.nytimes.com/2023/05/16/business/tesla-shareholder-annual-meeting.html

A group of plaintiffs had claimed that the bank misled investors about its progress in cleaning up after a sham accounts scandal a decade ago. source https://www.nytimes.com/2023/05/16/business/wells-fargo-shareholder-class-action-settlement.html

The commissioner, Daniel Werfel, said the agency was working to correct unfairness in the enforcement of the tax code. source https://www.nytimes.com/2023/05/15/us/politics/irs-black-americans-tax-audit.html

There was less damage than predicted, but the Rohingya refugee camps on the coast of Bangladesh, where most live in simple shanties, were hit particularly hard. source https://www.nytimes.com/2023/05/15/world/asia/cyclone-mocha-bangladesh-myanmar.html

The green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition. source https://www.nytimes.com/2023/05/15/technology/eu-microsoft-activision-blizzard.html

The bloc’s antitrust regulators could side with Microsoft on Monday, but the tech giant still faces an uphill battle to gaining full approval. source https://www.nytimes.com/2023/05/15/business/dealbook/microsoft-activision-antitrust-eu.html

Doggy menus, plush beds, nose balm and pet sitting: As people increasingly travel with their four-legged friends, hotels are stepping up with more amenities. source https://www.nytimes.com/2023/05/15/travel/pet-friendly-hotels.html

Even as the leaders of Trinidad and Tobago double down on fossil fuels, climate change is bringing more extreme weather to the island nation. source https://www.nytimes.com/2023/05/15/business/energy-environment/trinidad-tobago-climate-change.html

Vice, which had wooed media giants, has struggled to adjust to the punishing realities of digital publishing. A group of creditors could buy Vice for $225 million. source https://www.nytimes.com/2023/05/15/business/media/vice-bankruptcy.html

The company he helped found to review local contractors grew into a website with millions of subscribers. He was also involved in Republican Party politics in Indiana. source https://www.nytimes.com/2023/05/14/business/bill-oesterle-dead.html

The challenges facing business leaders feel particularly acute right now. This week, DealBook delved into four of them. source https://www.nytimes.com/2023/05/14/business/dealbook/ceo-politics-chatgpt.html

The challenges facing business leaders feel particularly acute right now. This week, DealBook delved into four of them. source https://www.nytimes.com/2023/05/14/business/dealbook/who-would-want-to-be-a-ceo.html

Inflation continues to slow. Elon Musk says he’s found a new C.E.O. for Twitter. And there will be a pair of Senate hearings on the banking crisis. source https://www.nytimes.com/2023/05/14/business/the-week-in-business-trump-cnn.html

A colleague’s wedding — even if she won’t stop talking about it — doesn’t mean you need to spend money you don’t want to spend. source https://www.nytimes.com/2023/05/14/business/roxane-gay-work-advice-office-gifts.html

Meg Jay knows it’s confusing to figure out what to do with your life. She also knows you need to get on with it. source https://www.nytimes.com/2023/05/14/business/whats-the-point-of-your-20s-ask-the-patron-saint-of-striving-youth.html

The Writers Guild of America indicated it would not grant a waiver to allow a live telecast of the Tonys on June 11, threatening one of Broadway’s biggest marketing moments. source https://www.nytimes.com/2023/05/12/theater/writers-strike-tony-awards.html

Friday’s victory by the United Steelworkers at a factory building electric school buses was a test for Democratic hopes that clean-energy funding from Washington could bolster organized labor. source https://www.nytimes.com/2023/05/12/us/politics/clean-energy-unions.html

U.S.-based manufacturers of solar products say rules issued by the Biden administration on Friday will “cement China’s dominance” over the solar industry source https://www.nytimes.com/2023/05/12/us/politics/solar-tax-credits.html

It is the first nonhormonal treatment for the menopause symptom. source https://www.nytimes.com/2023/05/12/health/menopause-fda-hot-flashes.html

A horticulturist, she discovered farming methods that increased yields of the fruit as its health benefits became widely accepted and demand for it grew. source https://www.nytimes.com/2023/05/12/science/bernadine-strik-dead.html

For 25 years he was editor of The Concord Monitor, an award-winning go-to source every four years for national reporters covering the New Hampshire presidential primary. source https://www.nytimes.com/2023/05/12/business/media/mike-pride-dead.html

Mr. Musk said Ms. Yaccarino would focus on business operations and he would work on product design and technology at the social media platform. source https://www.nytimes.com/2023/05/12/technology/yaccarino-twitter-ceo-musk.html

Defects on certain Tesla models could lead drivers to step on the accelerator pedals for longer than necessary, increasing the risk of collisions, China’s market regulator says. source https://www.nytimes.com/2023/05/12/business/tesla-recall-china.html

Destruction from Hurricane Ian led a tour operator to cancel a 10-day excursion to Cuba, leaving a woman with a useless $1,500 plane ticket. That’s what travel insurance is for, right? Our columnist dives into the red tape. source https://www.nytimes.com/2023/05/12/travel/travel-insurance-advice.html

The increase of 0.1 percent in the three months that ended in March, which was driven by construction and information services, matched the slow rise in the previous quarter. source https://www.nytimes.com/2023/05/12/business/britain-economy-1q-gdp.html

Changes he spearheaded in 2001 helped avert disaster. He later led the United Nations Development Program. source https://www.nytimes.com/2023/05/11/business/kemal-dervis-dead.html

Fear of protests prompted the streaming giant to shift an anticipated presentation for advertisers to a virtual event and a top executive to skip an honorary gala. source https://www.nytimes.com/2023/05/11/business/media/netflix-writers-strike.html

As workers push back on mandates, business leaders are wrestling with a new, post-pandemic identity. source https://www.nytimes.com/2023/05/11/business/dealbook/back-to-office-battles-underscore-a-change-in-workplace-authority.html

Price increases cooled, capping months of declines. The details held hints of hope. source https://www.nytimes.com/2023/05/10/business/economy/cpi-inflation-april-economy.html

Google’s latest entry-level phone, which costs $500, is just good as devices nearly double its price. source https://www.nytimes.com/2023/05/10/technology/personaltech/pixel-7a-review.html

The bureau arrested a passenger aboard the Harmony of the Seas for allegedly recording more than 150 passengers, including 40 minors, in a public bathroom. source https://www.nytimes.com/2023/05/10/travel/hidden-camera-cruise-ship-bathroom-fbi.html

Despite the relief in food price growth, costs are still much higher than they were before the pandemic. source https://www.nytimes.com/2023/05/10/business/food-prices-inflation.html

The increase was driven in part by subscriptions to a bundle of products that includes The Athletic sports site, bringing the company’s total digital subscriber base to nine million. source https://www.nytimes.com/2023/05/10/business/new-york-times-1q-2023-earnings.html

The annual gain in the Consumer Price Index is expected to have held steady at 5 percent last month. Even so, there could be good news hiding in the details. source https://www.nytimes.com/live/2023/05/10/business/cpi-inflation-fed

Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax. source https://www.nytimes.com/2023/05/10/business/the-elusive-fix-for-chinas-budget-crisis.html

Wednesday’s town hall has already proved divisive — and it could be an unsettling preview for the TV news industry as it prepares to cover a presidential contest that is likely to feature Mr. Trump. source https://www.nytimes.com/2023/05/10/business/cnn-trump-town-hall.html

The panel heard strong support from the company and many doctors but concern from F.D.A. scientists. source https://www.nytimes.com/2023/05/09/health/otc-birth-control-pill.html

His claim, made on Twitter, suggested that his negotiations to reach an amicable separation with the network had broken down. source https://www.nytimes.com/2023/05/09/business/media/tucker-carlson-twitter-show.html

If a proposed federal rule takes effect, airlines will have to pay passengers for meals, hotels, ground transportation and lost time if the disruption was caused by the carrier. source https://www.nytimes.com/2023/05/09/travel/airline-compensation-flight-delays-cancellations.html