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Showing posts from August, 2024

Help! I’m ‘Older’ and on the Job Hunt.

Wrestling with age and a case of idea theft. source https://www.nytimes.com/2024/09/01/business/help-im-older-and-on-the-job-hunt.html

With X Blocked, Brazilians Turn to Other Social Media Platforms

The platform went dark across Brazil on Saturday, sending online commentators to new digital town squares. source https://www.nytimes.com/2024/08/31/technology/x-blocked-brazil-reactions.html

Judge Dismisses Suit Seeking to Ban Smoking in Atlantic City Casinos

The judge said a loophole exempting casinos from a statewide ban on indoor smoking did not keep workers from pursuing employment in smoke-free environments. source https://www.nytimes.com/2024/08/31/nyregion/indoor-smoking-casinos-atlantic-city-ruling.html

Malls Add Entertainment From Nerf and Mattel to Draw Customers

Landlords are turning to companies like Hasbro and Mattel for some fun and games in “retailtainment.” source https://www.nytimes.com/2024/08/31/business/malls-experiences-hasbro-nerf.html

How I Improved My Tainted Reputation With Chatbots

When I set out to improve my tainted reputation with chatbots, I discovered a new world of A.I. manipulation. source https://www.nytimes.com/2024/08/30/technology/ai-chatbot-chatgpt-manipulation.html

OpenAI Names Political Veteran Chris Lehane as Head of Global Policy

The prominent A.I. start-up is also considering a change to its corporate structure to make it more appealing to outside investors. source https://www.nytimes.com/2024/08/30/technology/openai-chris-lehane.html

Leonard Riggio, 83, Dies; Founded Barnes & Noble and Upended Publishing

He turned a college book store into publishing behemoth, pioneering the bookstore-as-superstore and putting thousands of independents out of business before being overtaken by Amazon. source https://www.nytimes.com/2024/08/30/business/leonard-riggio-dead.html

How Dana Bash Handled Past Interviews With Kamala Harris

The CNN anchor has been a firm-but-fair interlocutor in three previous interviews with Ms. Harris in the past few years. source https://www.nytimes.com/2024/08/29/business/media/cnn-dana-bash-harris-interview.html

Donors Quietly Push Harris to Drop Tax on Ultrawealthy

Vice President Kamala Harris’s fund-raising has benefited from a surge of interest from Silicon Valley and Wall Street. source https://www.nytimes.com/2024/08/29/us/politics/donors-harris-tax-ultrawealthy.html

Telegram Founder Pavel Durov’s Indictment Thrusts Encryption Into the Spotlight

The criminal charges against Pavel Durov, Telegram’s founder, raised concerns in Silicon Valley about encryption and the app’s approach to privacy and security. source https://www.nytimes.com/2024/08/29/technology/telegram-encryption-pavel-durov.html

Separated From Co-Workers, Man Endures Freezing Night in the Rockies Before Rescue

Steve Stephanides of Florida stopped to take a break while his colleagues continued up a mountain trail, the authorities said. He got lost on his way back and was found the next day by rescue teams. source https://www.nytimes.com/2024/08/29/us/colorado-hiker-found-corporate-retreat.html

5 More People Die From Listeria Linked to Boar’s Head Meats, C.D.C. Says

The nationwide outbreak that started in May has been connected to eight deaths. The C.D.C. is advising people not to eat any recalled products. source https://www.nytimes.com/2024/08/28/us/listeria-outbreak-boars-head-meats.html

Russia Bars Numerous U.S. Journalists From the Country

The list of barred journalists includes the top editor of The Wall Street Journal. Dozens of other Americans are also forbidden to enter Russia, which said the move was in response to sanctions against it. source https://www.nytimes.com/2024/08/28/business/media/russia-bars-american-journalists.html

Supreme Court, for Now, Keeps Block on Revamped Biden Student Debt Plan

The new plan was part of a piecemeal approach to student debt after the justices rejected a proposal last year that would have canceled more than $400 billion in loans. source https://www.nytimes.com/2024/08/28/us/politics/supreme-court-biden-student-loans.html

CNN’s Dana Bash to Interview Harris and Walz on Thursday

The joint interview will air on CNN at 9 p.m. Eastern. source https://www.nytimes.com/2024/08/27/business/kamala-harris-dana-bash-interview-cnn.html

Trump Campaign Stokes China Fears to Lure Michigan Voters

JD Vance, the Republican vice-presidential nominee, waded into a fight over plans by Gotion, a Chinese battery plant, to build a factory in Michigan. source https://www.nytimes.com/2024/08/27/us/politics/vance-trump-michigan-china-gotion.html

Florida Removes L.G.B.T.Q. Travel Advice From Official Website

The state’s travel website recently removed pages dedicated to L.G.B.T.Q. travel. Some Floridians aren’t happy about it. source https://www.nytimes.com/2024/08/27/travel/florida-lgbtq-travel.html

Rudy Franchi, Who Put Movies at the Center of a Technicolor Life, Dies at 85

He brought French classics to New York, published a film magazine, worked as a Hollywood publicist and (as seen on “Antiques Roadshow”) thrived selling vintage posters and kitsch. source https://www.nytimes.com/2024/08/26/movies/rudy-franchi-dead.html

Kroger and Albertsons Confront a Skeptical F.T.C. in federal court

The Federal Trade Commission, which is trying to block Kroger’s plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers’ pay and benefits. source https://www.nytimes.com/2024/08/26/business/economy/ftc-kroger-albertsons-merger-court.html

How Pavel Durov, Telegram’s Founder, Went From Russia’s Mark Zuckerberg to Wanted Man

Pavel Durov’s anti-establishment streak helped him create one of the world’s biggest online platforms, which emphasizes free speech. It also put a target on his back. source https://www.nytimes.com/2024/08/26/technology/pavel-durov-telegram-founder.html

Another New Leader for Indianapolis Museum Roiled by Racism Outcry

Le Monte Booker will be the institution’s third leader in four years. The previous president and chief executive left last year after just over a year on the job. source https://www.nytimes.com/2024/08/26/arts/design/indianapolis-museum-le-monte-booker.html

Canada Will Impose 100% Tariffs on Chinese Electric Vehicles

The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China. source https://www.nytimes.com/2024/08/26/business/canada-ev-tariffs-china.html

SpaceX Polaris Dawn Mission: Why a Billionaire Is Risking a Spacewalk

Jared Isaacman is leading three other privately trained astronauts on a SpaceX vehicle for Polaris Dawn, a mission that will include a daring spacewalk. source https://www.nytimes.com/2024/08/26/science/spacex-polaris-dawn-mission-spacewalk.html

Nippon Steel’s $15 Billion U.S. Steel Takeover Bid Is in Peril

The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition. source https://www.nytimes.com/2024/08/26/business/nippon-steel-us-steel.html

Telegram’s Top Executive Pavel Durov Reportedly Detained in France

The founder of Telegram, an app with more than 900 million users, was taken into custody by authorities, French media reported. source https://www.nytimes.com/2024/08/25/technology/pavel-durov-telegram-detained-france.html

Apple Rethinks Its Movie Strategy After a String of Misses

“Wolfs,” a new film starring George Clooney and Brad Pitt, was going to get a robust theatrical release. But the company is curtailing that plan. source https://www.nytimes.com/2024/08/25/business/media/apple-movies-theaters-wolfs.html

Why Roth Accounts May Be a Good Savings Option at Any Age

These savings accounts, which are often pitched to young investors, can be a good investment option for older and retired workers. source https://www.nytimes.com/2024/08/25/business/roth-retirement-account-older-workers.html

In Oakland, Roots and Ballers Try to Fill Void Left by Raiders and A’s

The Raiders and the Warriors are gone and the A’s are leaving, but teams in lesser-known leagues are trying to fill the void and connect with the city. source https://www.nytimes.com/2024/08/24/business/oakland-sports-teams-roots-ballers.html

7-Eleven Is a Hard Target for Couche-Tard to Land in Takeover Bid

Convenience stores are a part of the country’s culture, meaning that the foreign buyout bid for 7-Eleven, the largest chain, could be a hard sell in Japan. source https://www.nytimes.com/2024/08/24/business/7-eleven-japan-couche-tard.html

Harris’s DNC Speech Seen by 29 Million, Slightly More Than Trump at RNC

Overall, TV viewership of the Democratic National Convention in Chicago was up 14 percent from the Republicans’ event last month. source https://www.nytimes.com/2024/08/23/business/media/kamala-harris-dnc-viewers-ratings.html

U.S. Tightens Technology Controls to Target Russian War Machine

The Biden administration announced new penalties on shell companies and suppliers that were feeding Russia’s war against Ukraine. source https://www.nytimes.com/2024/08/23/us/politics/us-russia-technology-penalties.html

In Peak Election Season, the Stock Market Is Often Fickle. Be Patient.

With the political conventions behind us and a rate cut expected soon, the market has been rallying, yet our columnist says it’s safer to play a longer game. source https://www.nytimes.com/2024/08/23/business/stock-market-election-season.html

Nepal Lifts Ban on TikTok, in a Likely Overture to China

The move signaled that Nepal’s new prime minister, who has cultivated ties with China, would continue on that path. source https://www.nytimes.com/2024/08/22/world/asia/nepal-tiktok-china.html

Crypto Lobbyist Charged With Breaking Campaign Finance Rules

The charges against Michelle Bond, the former head of a crypto industry trade group, are part of the continuing legal fallout from the collapse of the FTX crypto exchange. source https://www.nytimes.com/2024/08/22/technology/ftx-crypto-campaign-finance.html

U.S. Investigating Americans Who Worked With Russian State Television

The F.B.I. raided the homes of two prominent commentators on Russian state television channels as part of an effort to blunt attempts to influence November’s election. source https://www.nytimes.com/2024/08/21/technology/us-fbi-russia-election-disinformation.html

While the Public Awaited Jobs Data, Wall Street Firms Got a Look

A report was delayed on the Bureau of Labor Statistics website, but some investors got it in the meantime, raising new questions about agency practices. source https://www.nytimes.com/2024/08/21/business/economy/bls-jobs-revision-data-leak.html

Fed Minutes Show a Cut ‘Likely’ to Come in September

Even before a disappointing July jobs report, Federal Reserve officials thought they would probably cut rates at their Sept. 17-18 meeting. source https://www.nytimes.com/2024/08/21/business/economy/fed-minutes-cut-likely.html

She Survived the Maui Wildfires. She Couldn’t Survive the Year After

Edralina Diezon was working as a janitor and sending money to her family in the Philippines when wildfires destroyed everything she had. The road to rebuilding her life proved to be perilous. source https://www.nytimes.com/2024/08/21/business/maui-wildfires-survivors-deaths.html

What to Know About the Sunken Sicily Yacht’s Missing Passengers, Including Mike Lynch

Mr. Lynch, the former chief executive of the software firm Autonomy, who was acquitted on fraud charges in June, was with friends and family when the yacht went down in a severe storm. source https://www.nytimes.com/article/sicily-yacht-sinks-missing-passengers.html

Myron E. Ullman III, Executive Who Remade Macy’s and J.C. Penney, Dies at 77

As a leader behind many of the world’s best-known brands, he exuded operational know-how. He also displayed a rare humility, which helped drive his success. source https://www.nytimes.com/2024/08/20/business/myron-e-ullman-iii-dead.html

Judge Blocks F.T.C.’s Noncompete Rule

The Federal Trade Commission was deemed to lack the authority to bar companies from restricting their employees’ ability to go to work for rivals. source https://www.nytimes.com/2024/08/20/business/economy/noncompete-ban-ftc-texas.html

How to Choose a Volunteer Trip

Hoping to leave a place better than you found it? Here’s what to look for when signing up for a program that combines purpose with travel. source https://www.nytimes.com/2024/08/20/travel/how-to-choose-a-volunteer-trip.html

Here’s Why This Jar of Weed Costs $60 at a Legal N.Y.C. Dispensary

Following the rules is expensive for dispensaries and their customers. source https://www.nytimes.com/2024/08/20/nyregion/legal-weed-cost-nyc.html

Global Trade Needs a China Alternative. India Needs Better Ports.

Efforts to build new ports and expand existing docks could determine whether India emerges as a legitimate option for global factory production. source https://www.nytimes.com/2024/08/20/business/india-jawaharlal-nehru-port.html

Edgar Bronfman Jr. Submits Bid for Paramount

The offer by Edgar Bronfman Jr. comes days before a crucial deadline in the scramble to acquire control of Paramount. source https://www.nytimes.com/2024/08/19/business/edgar-bronfman-jr-paramount-skydance.html

What Business Wants to Learn About Kamala Harris’s Policies

Heading into the Democratic National Convention, many of the vice president’s policies have yet to be explained. Corporate leaders hope that will change. source https://www.nytimes.com/2024/08/19/business/dealbook/harris-dnc-economy.html

Acres of Solar Panels Are Replacing One of the Nation’s Largest Coal Plants

One of the nation’s largest coal-fueled electric plants is being replaced with thousands of acres of solar panels and a test of long-duration batteries. source https://www.nytimes.com/2024/08/19/business/energy-environment/coal-solar-power-minnesota.html

Businesses Are Already Girding for Next Phase of the U.S.-China Trade War

Alarmed by the prospect of increased tariffs on Chinese goods if Donald Trump is elected, some American companies are stockpiling parts and delaying expansions. source https://www.nytimes.com/2024/08/19/business/china-us-trade-war.html

Companies Hope Making Offices Like Hotels Will Lure Workers Back

Hoping to lure workers back to their desks, companies are designing “work resorts,” luxe spaces meant to compete with the comforts and versatility of their living room. source https://www.nytimes.com/2024/08/18/business/office-design-work-resort.html

What to Do About a Friend Who’s Too Competitive at Work

What should I do about a friend who deliberately undermined one of her colleagues and then bragged to me about it? source https://www.nytimes.com/2024/08/18/business/workplace-behavior-advice.html

For Abortion Clinics, a Tough Business Becomes Even Tougher

After the fall of Roe v. Wade, some clinics thought they could expand their businesses in states that still allowed them to operate. It hasn’t quite worked out that way. source https://www.nytimes.com/2024/08/17/business/abortion-clinic-laws.html

NASCAR Pit Crews Are Recruiting College Football Players

In NASCAR, victory — and money — is often determined by seconds, one reason car racing teams are increasingly looking to hire former college athletes. source https://www.nytimes.com/2024/08/17/business/nascar-pit-crews-football-players.html

Harris and Trump Offer a Clear Contrast on the Economy

Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas. source https://www.nytimes.com/2024/08/16/business/economy/harris-trump-economy-inflation.html

Judge Blocks Joint Streaming Service from Disney, Fox and Warner Bros. Discovery

The planned service from Disney, Fox and Warner Bros. Discovery was slated to cost $42.99 a month and aimed at fans who had abandoned cable TV. source https://www.nytimes.com/2024/08/16/business/media/fox-disney-warner-sports-streaming.html

Driving Through Eastern Canada in a Cheap R.V. Rental

When rental companies need to move their vehicles, they frequently offer one-way trips at a steep discount. Our Frugal Traveler snapped up a deal that took her through eastern Canada. source https://www.nytimes.com/2024/08/16/travel/eastern-canada-rv-road-trip.html

U.S. Unveils Price Limits for 10 Costly or Common Medications

The Biden administration said it would have saved $6 billion had the new prices been in effect last year. source https://www.nytimes.com/2024/08/15/us/politics/drug-prices-medicare.html

F.B.I. Resumes Communication with Facebook, X and Others On Foreign Disinformation

The Justice Department set new guidelines for agents to share tips with Facebook, X and other platforms after a legal challenge prompted a suspension of that communication. source https://www.nytimes.com/2024/08/15/business/fbi-social-media-disinformation.html

NASA Is Still Deciding How to Bring Boeing Starliner Astronauts Home

After agency officials said last week that a decision was pending, they said on Wednesday that deliberations were still taking place. source https://www.nytimes.com/2024/08/14/science/nasa-boeing-starliner-astronauts.html

Wally Amos, Creator of Famous Amos Cookies, Dies at 88

With a background in marketing, his aunt’s recipe and a winning personality, he built one of the world’s best-known brands of baked goods. source https://www.nytimes.com/2024/08/14/business/wally-amos-dead.html

Boeing Faces a Steep Climb in Catching Up to Airbus

As Boeing works to address quality control issues, its new chief starts at a disadvantage in competing with the other big maker of passenger planes. source https://www.nytimes.com/2024/08/14/business/boeing-airbus.html

U.S. Considers Breaking Up Google to Address Search Monopoly

The Justice Department and state attorneys general are discussing various scenarios to remedy Google’s dominance in online search, including a breakup of the company. source https://www.nytimes.com/2024/08/13/technology/google-monopoly-antitrust-justice-department.html

Ohio Officer Is Charged With Murder in Shooting of Pregnant Black Woman

Connor Grubb, 29, of the Blendon Township Police Department faces multiple charges in the fatal shooting of Ta’Kiya Young, 21, who was shot in her car outside a Kroger last year after being accused of theft. source https://www.nytimes.com/2024/08/13/us/ohio-officer-takiya-young-murder.html

Who Is Brian Niccol, the Incoming Starbucks CEO From Chipotle?

Mr. Niccol, whom the coffee chain poached from Chipotle, has emerged in recent years as a top leader in the restaurant industry. source https://www.nytimes.com/2024/08/13/business/brian-niccol-starbucks-chipotle.html

Can This Tiny Economy Show Europe How to Compete Again?

Sweden outperforms in tech, has a roster of $1 billion-plus start-ups and could be a model as the European Union refigures its growth policies. source https://www.nytimes.com/2024/08/13/business/sweden-economy-europe-competitiveness.html

X Spaces With Trump and Musk Is Off to a Glitchy Start

The audio livestream of a conversation between Elon Musk and the former president ran late as users scrambled to try to access the site. source https://www.nytimes.com/2024/08/12/technology/trump-musk-x-spaces-interview.html

The New York Times Will Stop Endorsing Candidates in New York Races

The paper’s editorial board will continue to endorse presidential candidates, as it has for more than 160 years. source https://www.nytimes.com/2024/08/12/business/media/the-new-york-times-editorial-board-political-endorsements.html

I.V.F. Threats in Alabama Drive Clinics to Ship Out Embryos

A court ruling that deemed frozen embryos “children” has motivated some patients and clinics to move embryos out of red states. source https://www.nytimes.com/2024/08/12/health/ivf-embryos-alabama.html

Uber, Facing Sexual-Assault Litigation, Pushes Plan That May Curb Suits

Uber has spent millions trying to get a proposal on the Nevada ballot that would restrict the legal fees that bankroll many lawsuits against companies. source https://www.nytimes.com/2024/08/12/business/uber-nevada-referendum.html

Los Angeles 2028 Olympic Games Planners See Economic Upside

The 2028 Games will be the third for Los Angeles as host, but it will be a challenge to repeat the success of 1984. source https://www.nytimes.com/2024/08/12/business/economy/olympics-los-angeles-2028-economy.html

Spain Is Thirsty. Here’s How It Gets Water.

To supply water for a number of needs, from tourism to agriculture, the country and other dry nations are increasingly relying on desalination plants that convert seawater into fresh water. source https://www.nytimes.com/2024/08/12/business/spain-water-desalination.html

Can Free Rent Revive Downtown San Francisco?

The city, which is among those most devastated in the country after the pandemic, is trying to lure businesses back with a free-rent period. source https://www.nytimes.com/2024/08/11/business/san-francisco-storefronts-free-rent.html

Bari Weiss, Founder of The Free Press, Is Building a New Media Empire

The founder of The Free Press has built a new media empire by persuading audiences that she is a teller of dangerous truths. source https://www.nytimes.com/2024/08/11/business/media/bari-weiss-free-press.html

Disney Details New Projects for Theme Parks and Cruise Ships

The company, which has recently seen softening visitor demand, will spend billions to build new rides and expand its cruise ship fleet to 13 from nine. source https://www.nytimes.com/2024/08/11/business/disney-parks-new-rides.html

What Caused a Plane to Fall From the Sky in Brazil?

Officials are investigating potential causes of a plane crash that killed 62 people near São Paulo. Using videos and other clues, aviation experts have formed theories. source https://www.nytimes.com/2024/08/10/world/americas/brazil-plane-crash-investigation.html

Howie Cohen, Whose Alka-Seltzer Ads Spawned Catchphrases, Dies at 81

A copywriter, he and a partner in 1972 came up with “Try it, you’ll like it” and “I can’t believe I ate the whole thing.” Soon, sales were, well, fizzing again. source https://www.nytimes.com/2024/08/09/business/media/howie-cohen-dead.html

Cash App Users May Claim Up to $2,500 in Data Breach Settlement

A proposed $15 million settlement stipulates that account holders can file for losses related to breaches disclosed in 2022 and 2023. A deadline looms for those claims. source https://www.nytimes.com/2024/08/09/business/cash-app-settlement.html

Samsung Recalls 1 Million Stoves That Started 250 Fires and Killed Pets

Thirty models of Samsung stoves were part of the recall over fires started by accidental contact. source https://www.nytimes.com/2024/08/08/business/samsung-recalls-electric-stoves.html

Trump Suggests that President Should Have a ‘Say’ in Interest Rates

Donald J. Trump suggested presidents should have input on interest rates, a comment likely to stoke fears that he could try to limit the Federal Reserve’s political independence. source https://www.nytimes.com/2024/08/08/business/economy/trump-fed-interest-rates.html

Trump and Harris Have Agreed to Debate on Sept. 10, ABC Says

The ABC anchors David Muir and Linsey Davis will moderate the candidates’ first face-to-face encounter since Kamala Harris entered the race. source https://www.nytimes.com/2024/08/08/business/media/trump-harris-abc-debate.html

Third Death Is Tied to Listeria, Health Officials Say

The death in Virginia came amid a nationwide outbreak linked to Boar’s Head deli meats. More than 40 people have been hospitalized. source https://www.nytimes.com/2024/08/08/us/listeria-outbreak-third-death.html

NASA Says Boeing Starliner Astronauts May Fly Home on SpaceX in 2025

The agency had insisted for a couple of months that it was confident that Suni Williams and Butch Wilmore would return on Starliner. source https://www.nytimes.com/2024/08/07/science/boeing-starliner-nasa-spacex.html

How the Media Is Covering Tim Walz, Kamala Harris’s Running Mate

Vice President Kamala Harris’s new running mate has cultivated an Everyman persona. Progressive publications are embracing it, but conservative outlets are more skeptical. source https://www.nytimes.com/2024/08/07/business/media/media-coverage-tim-walz.html

To Avoid an Economic Recession, Consumer Spending Is Key

It has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference. source https://www.nytimes.com/2024/08/07/business/economy/recession-consumer-spending.html

The Olympics Have a Gap That Netflix Is Trying to Fill

New seasons of documentaries about running, gymnastics and basketball are being filmed this summer as part of a partnership with the International Olympic Committee. source https://www.nytimes.com/2024/08/07/world/olympics/netflix-documentary-sprint-simone-biles.html

Boeing Says It’s Changing Type of Panel That Blew Off Alaska Airlines Jet

The company told regulators the changes in design and production of the door plugs would allow its warning systems to detect malfunctions. source https://www.nytimes.com/2024/08/06/us/politics/boeing-safety-door-plugs.html

Apple Workers Approve Contract at First Union Store in U.S.

The agreement raises wages roughly 10 percent over three years and guarantees benefits and severance pay. source https://www.nytimes.com/2024/08/06/business/economy/apple-store-union-contract.html

Bloomberg Disciplines Journalists Over Russia Prisoner Swap Article

The news organization said it had broken an embargo about the news in a violation of its editorial standards. source https://www.nytimes.com/2024/08/05/business/media/bloomberg-russia-prisoner-swap-gershkovich.html

Lorenza de’ Medici, Who Elevated Italian Cooking, Is Dead at 97

A descendant of a storied family, she was an author, TV host and cooking school director who showed that Italian cuisine was about more than tomatoes, pizza and pasta. source https://www.nytimes.com/2024/08/05/dining/lorenza-de-medici-dead.html

Trump Blames Biden and Harris for Global Market Sell-Off

Former President Trump is trying to stoke economic angst, while Vice President Harris projects optimism. source https://www.nytimes.com/2024/08/05/business/trump-harris-markets-economy-election.html

Samsung Employees Return to Work After Strike Fails to Win Concessions

The indefinite strike, the first in the electronics company’s history, comprised only a sliver of its labor force and lasted less than a month. source https://www.nytimes.com/2024/08/05/business/samsung-workers-end-strike.html

Markets Around the World Are Rattled by Fears of Slowing U.S. Growth

Stocks in Asia tumbled, led by Japan, where declines triggered “circuit breakers” meant to calm rapid moves. European and U.S. markets were set for declines. source https://www.nytimes.com/2024/08/05/business/global-stocks.html

Declaring ‘Crisis,’ South Korean Firms Tell Managers to Work 6 Days a Week

The move by some influential companies has raised concerns about work-life balance in a country where long hours at the office are common. source https://www.nytimes.com/2024/08/05/business/south-korea-labor-workweek.html

With Smugglers and Front Companies, China Is Skirting American A.I. Bans

The U.S. is trying to stop China from getting Nvidia microchips to advance its military. The private sector is fighting back. source https://www.nytimes.com/2024/08/04/technology/china-ai-microchips.html

Ina Jaffe, Dogged and Award-Winning NPR Reporter, Dies at 75

Ms. Jaffe spent decades covering politics and aging in America, and she was the first editor of the NPR program “Weekend Edition Saturday.” source https://www.nytimes.com/2024/08/03/business/media/ina-jaffe-npr-dead.html

Meta in Talks to Use Voices of Judi Dench, Awkwafina and Others for A.I.

If deals are struck, Meta may incorporate the actors’ voices into a digital assistant product called MetaAI, people with knowledge of the effort said. source https://www.nytimes.com/2024/08/02/technology/meta-ai-celebrity-voices.html

Agency Votes to Replace Official Accused of Rushing Start of Seabed Mining

The international agency charged with regulating seabed mining elected a U.N. environmental regulator to replace a leader accused of too-close industry ties. source https://www.nytimes.com/2024/08/02/us/politics/mining-cobalt-nickel-electric-vehicle-batteries.html

Tech Companies to Keep Spending on A.I. Despite Worries of Slow Payoff

Big technology companies show no signs of slowing their spending on artificial intelligence, even though a payoff still looks a long way away. source https://www.nytimes.com/2024/08/02/technology/tech-companies-ai-spending.html

Delaware Judge Questions Tesla About Vote on Elon Musk’s Tesla Pay

Lawyers for Tesla have asked a Delaware judge to reverse her decision to void a multibillion dollar pay package for Mr. Musk after shareholders approved it a second time in June. source https://www.nytimes.com/2024/08/02/business/elon-musk-pay-delaware.html

Jubilation at The Wall Street Journal After Evan Gershkovich Is Freed

“I cannot even begin to describe the immense happiness and relief that this news brings,” the paper’s editor wrote to the staff. source https://www.nytimes.com/2024/08/01/business/media/wsj-evan-gershkovich-freed.html

Senate Rejects Bipartisan Tax Deal

The legislation would have restored prized tax breaks for businesses and expanded the child tax credit. It had passed the House with broad bipartisan support. source https://www.nytimes.com/2024/08/01/us/politics/senate-tax-bill.html