NYT > Business Day

    Dow Closes Above 23,000 for First Time; IBM Soars


    The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue...

    The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth.
    Jann Wenner and His Biographer Have a Falling Out

    Jann Wenner and His Biographer Have a Falling Out


    Jann Wenner, shown here in 1970, persuaded the journalist Joe Hagan to write his biography in...

    The Rolling Stone founder seemed to enjoy opening up his life to Joe Hagan. Now that the book is about to come out, they are no longer speaking.
    Anthem Joins With CVS to Start Its Own Pharmacy Business

    Anthem Joins With CVS to Start Its Own Pharmacy Business


    Anthem said it will start the new pharmacy business in 2020 after its contract with Express Scripts...

    The move is another shake-up in the pharmacy benefits manager industry, and deals a blow to Express Scripts.
    New Talks on Paris Climate Pact Are Set, and That’s Awkward for U.S.

    New Talks on Paris Climate Pact Are Set, and That’s Awkward for U.S.


    President Trump announced in June that the United States would withdraw from the Paris climate...

    International delegates will gather next month to discuss implementing the Paris agreement, and American negotiators will be there even though the United States has said it will quit the pact.
    A MacArthur ‘Genius’ on Overcoming Modern Farm Slavery

    A MacArthur ‘Genius’ on Overcoming Modern Farm Slavery


    Greg Asbed, a labor activist in Florida, was awarded a $625,000 MacArthur fellowship last...

    A conversation with Greg Asbed, co-founder of the Coalition of Immokalee Workers, who was recently awarded a MacArthur Foundation “genius grant.”

    French Magazine Draws Outrage for Putting Convicted Killer on Its Cover


    The music weekly Les Inrockuptibles featured Bertrand Cantat, who was jailed for fatally beating his partner in 2003, on the front of its latest...

    The music weekly Les Inrockuptibles featured Bertrand Cantat, who was jailed for fatally beating his partner in 2003, on the front of its latest issue.
    Samsung Is Under Scrutiny Again as South Korean Police Raid Offices

    Samsung Is Under Scrutiny Again as South Korean Police Raid Offices


    Lee Kun-hee, Samsung’s patriarch, leaving a court in Seoul, South Korea, in 2008. The police are now investigating whether he misappropriated company funds to renovate his family’s...

    Two months after a scion of the conglomerate’s controlling family was sent to prison, investigators were looking into an alleged misappropriation of company funds.
    ‘The Walking Dead’ at 100: Still a Hit, but for How Much Longer?

    ‘The Walking Dead’ at 100: Still a Hit, but for How Much Longer?


    Andrew Lincoln in the Season 8 premiere of “The Walking Dead,” which is the 100th episode of the show’s...

    As the zombie apocalypse drama returns for Season 8, the AMC series is looking to rebound from a stretch of storytelling shenanigans that alienated viewers.
    Recent Commercial Real Estate Transactions

    Recent Commercial Real Estate Transactions


    2-4 Macon Street in Bedford-Stuyvesant sold for $8.3...

    A block-through walk-up, which has been the backdrop for several movies including Spike Lee’s “Crooklyn,” was among recent transactions in New York.
    Nafta Talks’ Extension May Make for Slow, Painful Demise

    Nafta Talks’ Extension May Make for Slow, Painful Demise


    A Tecma Group factory in Ciudad Juárez, Mexico. The United States, Canada and Mexico agreed to extend Nafta talks into...

    The prolonging of the trade talks leaves a narrow and challenging path to rewriting the pact.
    George Soros Transfers Billions to Open Society Foundations

    George Soros Transfers Billions to Open Society Foundations


    George Soros at the offices of the Open Society Foundations in New York in...

    Mr. Soros has moved about $18 billion to Open Society, the charity he founded which promotes human rights around the world. He plans to give still more.
    Lawsuit Claims Three U.S. Companies Funded Terror in Iraq

    Lawsuit Claims Three U.S. Companies Funded Terror in Iraq


    Ami Neiberger-Miller at home. Her brother, Chris Neiberger, was killed in Iraq in...

    The lawsuit, filed in federal court in Washington, cited as evidence contracts between the companies and the Iraqi government, leaked diplomatic cables, and the testimony of informants.
    Google Serves Fake News Ads in an Unlikely Place: Fact-Checking Sites

    Google Serves Fake News Ads in an Unlikely Place: Fact-Checking Sites


    At the top of PolitiFact’s front page last week, a display ad served by Google promoted a fake news story that said Melania Trump was leaving the White House. It linked to a faked version of Vogue’s...

    Google placed ads linking to blatantly bogus stories on Snopes and PolitiFact, sites created precisely to dispel such falsehoods.
    Kobe Steel Scandal Is Now Subject of Justice Department Inquiry

    Kobe Steel Scandal Is Now Subject of Justice Department Inquiry


    Hiroya Kawasaki, chief executive of Kobe Steel, at a news conference in Tokyo last week. The company’s share price has fallen about 40 percent since Oct. 6, when the company acknowledged that it had falsified data for...

    The company’s American unit was asked to turn over documents relating to the sale of substandard metals. Boeing, Ford and General Motors are among its customers.

    Markets Are Mixed, but Dow Briefly Touches 23,000 Record


    As investors sized up the latest company earnings news, the Dow Jones industrial average briefly broke above 23,000...

    As investors sized up the latest company earnings news, the Dow Jones industrial average briefly broke above 23,000 points.
    Roy Price Quits Amazon Studios After Sexual Harassment Claim

    Roy Price Quits Amazon Studios After Sexual Harassment Claim


    Roy Price, at a screening of “Transparent” in 2014, was in charge of Amazon’s efforts to create original movies and television...

    Amazon’s original-programming division was already considering a change in strategy before the accusation against its top executive.
    Harvey Weinstein, Fired on Oct. 8, Resigns From Company’s Board

    Harvey Weinstein, Fired on Oct. 8, Resigns From Company’s Board


    Over the last week and a half, more than 30 women have come forward publicly with harrowing stories of encounters with Harvey...

    Mr. Weinstein submitted his resignation during a meeting with the company’s remaining board members, who had convened to affirm his earlier firing.
    Why Investors Can’t Get Enough of Tajikistan’s Debt

    Why Investors Can’t Get Enough of Tajikistan’s Debt


    The central mosque in Dushanbe, the capital of Tajikistan. A former Soviet republic, Tajikistan has rarely interacted with global investors but is offering an interest rate of just over 7 percent for a 10-year...

    Risky bonds issued by poorer countries are all the rage among investors. Some bankers worry the frenzy will end badly.
    Sézane Finds Success by Making Less

    Sézane Finds Success by Making Less


    The new Sézane store in...

    The secret of the success of the French label, now with a NoLIta shop, owes a little something to street wear brands and their sought-after “drops.”
    France Considers Fines for Catcalls as Women Speak Out on Harassment

    France Considers Fines for Catcalls as Women Speak Out on Harassment


    Marlène Schiappa, center, France’s junior minister for gender equality, who is helping to develop a new law against street harassment, said she had been deeply struck by stories of abuse shared by women on social...

    A French social media campaign inspired by the scandal around the Hollywood producer Harvey Weinstein has put the spotlight on proposed new laws.
    Me Time: I Took It With a Grain of Salt

    Me Time: I Took It With a Grain of Salt


    Lounge chairs at Breathe Salt Room on Park...

    You can hang out on a beach made of salt or lie naked in a pod. Either way, prepare to moisturize afterward.
    In the Studio: Nike’s Chief of Design Doodles All Day

    In the Studio: Nike’s Chief of Design Doodles All Day


    John Hoke, the chief design officer of Nike, holding a shoe that is meant to mimic the experience of running on...

    John Hoke invited us into his office in Beaverton, Ore., where he talked about his dyslexia, his doodling and some weird shoes that inspire him.
    For Theresa May, the Brexit News Only Gets Worse

    For Theresa May, the Brexit News Only Gets Worse


    Prime Minister Theresa May of Britain met with European officials in Brussels on Monday in an effort to put “Brexit” negotiations on a faster...

    Things have gotten so bad that European Union officials are considering offering positive tidbits, if only to help her fend off cabinet hard-liners.
    Google’s Pixel 2 Smartphone Is a Powerful Extravagance

    Google’s Pixel 2 Smartphone Is a Powerful Extravagance


    The Pixel 2, the new flagship phone from Google that goes on sale...

    Google’s new Pixel 2 phone is clearly impressive, according to our reviewer. But whether that makes the device worth buying is another matter.
    Harvey Weinstein’s Fall Opens the Floodgates in Hollywood

    Harvey Weinstein’s Fall Opens the Floodgates in Hollywood


    Sunset Boulevard in Los Angeles. Hollywood associations like the Academy of Motion Picture Arts and Sciences and the Producers Guild of America have moved to strip Harvey Weinstein of his...

    With women in the entertainment industry leading the discussion, talk of sexual harassment floods social media.
    Australian TV Host’s Departure Raises Questions on Gender Pay Gap

    Australian TV Host’s Departure Raises Questions on Gender Pay Gap


    Lisa Wilkinson and her co-host, Karl Stefanovic, at a TV awards ceremony in Melbourne, Australia, in April. Ms. Wilkinson’s last contract was said to be about half as rich as Mr....

    The abrupt defection of Lisa Wilkinson, a co-host of the popular “Today Show,” to a rival network is reigniting a debate about a gender pay gap in media.
    Oil and Money: The Energy Industry Plots a Complex Path in the Midst of Disruption

    Oil and Money: The Energy Industry Plots a Complex Path in the Midst of Disruption


    President Vladimir Putin of Russia, right, and King Salman of Saudi Arabia at their meeting this month in Moscow. The closer ties between the countries marked one of the most significant geopolitical developments of...

    Rising oil prices seem like a positive sign for the energy industry, but global political disruptions cloud the future.
    Oil and Money: A Small Firm in Germany Has Big Ambitions in Green Energy

    Oil and Money: A Small Firm in Germany Has Big Ambitions in Green Energy


    Farm buildings in Bavaria covered in solar panels. In Sonnen’s home village there, many of the 2,600 residents have invested 40 million euros over the years in a variety of energy...

    Consumers have spent about 190 billion euros on sources like wind and solar, which account for about one-third of the country’s electric power.
    Netflix Says It Will Spend Up to $8 Billion on Content Next Year

    Netflix Says It Will Spend Up to $8 Billion on Content Next Year


    Netflix will soon release the second season of “Stranger Things.” The streaming service plans to invest more in original...

    The company beat expectations by adding 5.3 million subscribers in the third quarter and said it would ramp up its spending on original content.
    Bombardier Turns to Airbus to Salvage Imperiled Airliner

    Bombardier Turns to Airbus to Salvage Imperiled Airliner


    Alain Bellemare, center, the chief executive of Bombardier, discussing an agreement with Airbus to make and sell his company’s CSeries aircraft. “It brings certainty to the future of the program,” he...

    Airbus made no financial commitment to the joint venture to make and sell Bombardier’s CSeries airliner, which could be assembled in the United States, avoiding import duties.
    Procter & Gamble’s Count Shows How Close Proxy Vote Was

    Procter & Gamble’s Count Shows How Close Proxy Vote Was


    David S. Taylor, chief executive of Procter & Gamble, which has been engaging in an expensive proxy fight with Trian Fund Management for...

    The activist investor Nelson Peltz lost his bid for a board seat by a mere 0.2 percent of the shareholder vote, the company said.