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    Retailers Experiment With a New Philosophy: Smaller Is Better

    Retailers Experiment With a New Philosophy: Smaller Is Better


    The entrance to Nordstrom Local on Melrose Place in Los Angeles. Nordstrom, known for its upscale department stores, is trying a showroom-style store concept to attract...

    Department stores and other retailers struggling to beat back e-commerce are taking cues from online start-ups by experimenting with small showrooms.
    Tesla Unveils an Electric Rival to Semi Trucks

    Tesla Unveils an Electric Rival to Semi Trucks


    Elon Musk, chief executive of Tesla, revealed the company’s new electric semi truck at a Thursday night presentation in Hawthorne,...

    Aiming to remake a multibillion-dollar industry, the automaker said it would have a semi for sale in two years that would be nearly self-driving.
    Apple Postpones Release of HomePod Speaker

    Apple Postpones Release of HomePod Speaker


    Apple introduced its HomePod speaker in June and had said the product would ship by the end of the...

    Apple had said its HomePod speaker, a response to Amazon’s Echo, would debut this year. Now it won’t be released till early next year.

    Wall Street Pulls Back at Week's End With Tax Changes Mulled


    Wall Street ended the week on a sour note on Friday, with major indexes slipping modestly as investors weighed the fate of the Republicans' tax overhaul...

    Wall Street ended the week on a sour note on Friday, with major indexes slipping modestly as investors weighed the fate of the Republicans' tax overhaul plan.
    Senate Tax Plan Includes Exemption for Private Jet Management

    Senate Tax Plan Includes Exemption for Private Jet Management


    A Cessna Citation X passenger jet operated by NetJets. The company challenged a ticket tax on aircraft management firms in...

    Senate Republicans included a provision in the tax proposal that would clarify a policy toward companies that help maintain private aircraft.
    Strategies: How to Profit From Time Warner’s Troubles

    Strategies: How to Profit From Time Warner’s Troubles


    “Game of Thrones,” HBO’s television series, is among the programming treasures that AT&T could acquire in a merger with Time...

    The Trump administration’s signals have hurt Time Warner shares. But there is money to be made if last month’s pricing was more accurate than today’s.
    Senate, Like House, Opts to Keep Tax Break for Rich That Trump Vowed to End

    Senate, Like House, Opts to Keep Tax Break for Rich That Trump Vowed to End


    From left, Senators Ron Wyden, Democrat of Oregon, Orrin G. Hatch, Republican of Utah, and Charles E. Grassley, Republican of Iowa, at a Senate Finance Committee meeting on...

    A provision in the House and Senate tax bills will change, but not close, the so-called carried interest tax loophole, which benefits wealthy people.
    China to Export Trumpchi Cars to U.S., Maybe With a New Name

    China to Export Trumpchi Cars to U.S., Maybe With a New Name


    Cars made by GAC Group, the parent company of Trumpchi cars, on display at the Guangzhou auto show on...

    GAC Motor wants to lead an export push as China prepares the rest of its auto industry to go global and, in particular, target the American market.
    Americans Are Watching Netflix at Work and in the Bathroom

    Americans Are Watching Netflix at Work and in the Bathroom


    About 37 percent of Americans who streamed shows or movies outside their homes said they did so at...

    Two-thirds admit to streaming movies and TV shows outside the home. And 12 percent who watch in public have done so in public restrooms.
    Myths of the 1 Percent: What Puts People at the Top

    Myths of the 1 Percent: What Puts People at the Top


    A woman holds up a paddle with an image of Leonardo da Vinci’s “Salvator Mundi” as she arrives at Christie’s before bidding on the painting Wednesday night in New York. The work sold for a record $450.3...

    Dispelling misconceptions about what’s driving income inequality in the U.S.
    Retiring: <div>In Oregon, You Can Now Save for Retirement. Unless You Object.</div>

    Retiring:
    In Oregon, You Can Now Save for Retirement. Unless You Object.


    Representatives of local businesses talk about signing up employees for Oregon’s state-sponsored retirement savings program, OregonSaves, at the Embassy Suites Hotel in Portland,...

    The state is the first to have businesses that don’t offer their own plans automatically enroll workers for a payroll deduction. Workers can opt out.
    Jet Pilot Might Not Seem Like a ‘Gig,’ but at Ryanair, It Is

    Jet Pilot Might Not Seem Like a ‘Gig,’ but at Ryanair, It Is


    A Ryanair flight attendant gives directions before departure at Dublin Airport. Employees of the European carrier have tried to...

    The biggest European budget airline employs many of its pilots as contract workers — many of whom are pushing back after a recent flight cancellation episode erupted into a clash.
    Economic View: How Cutting Taxes Makes Life Worse for the Rich

    Economic View: How Cutting Taxes Makes Life Worse for the Rich


    Tax cuts that give rich people more money aren’t good for anyone, including the rich. Believing it will help them buy special things is a cognitive...

    Tax cuts that give rich people more money aren’t good for anyone, including the rich. Believing it will help them buy special things is a cognitive error.
    Milling 66 Acres of Oats (Every Hour) Without a Hitch

    Milling 66 Acres of Oats (Every Hour) Without a Hitch


    Charlie Mossman at the Quaker Oats plant in Cedar Rapids, Iowa. Mr. Mossman has worked at the company for 30...

    With the help of a “run right” board and a conveyor for traveling between floors, a shift lead keeps processes at Quaker Oats running smoothly.
    Who’d Gain From an Estate Tax Rollback: The 0.2 Percenters

    Who’d Gain From an Estate Tax Rollback: The 0.2 Percenters


    Treasury Secretary Steven Mnuchin with his wife, Louise Linton, and new dollar bills bearing his signature on Wednesday. Last month, Mr. Mnuchin said, “Obviously, the estate tax, I will concede, disproportionately helps rich...

    Scarcely 5,000 estates a year fall under the tax, but those seeking to reduce or eliminate it have outsize influence.
    DealBook Briefing: ‘Antitrust Is Law Enforcement, Not Regulation’

    DealBook Briefing: ‘Antitrust Is Law Enforcement, Not Regulation’


    A “Vote to leave” ad on a truck in Westminster, London, in 2016. According to new research, Russian-language Twitter accounts posted messages against the European Union before last year’s referendum in...

    The Justice Department’s new antitrust chief Makan Delrahim laid out the principles that could guide a suit to block AT&T’s acquisition of Time Warner.
    In Puerto Rico, Law Passed for Fiscal Crisis Hampers Storm Recovery

    In Puerto Rico, Law Passed for Fiscal Crisis Hampers Storm Recovery


    A school in Guaynabo, P.R., in October, during its use as a shelter after Hurricane Maria. A judge ruled this week that an oversight board has no legal authority to install new leadership at Puerto Rico’s beleaguered power...

    When the hurricane-ravaged island needs Washington’s help most, 2016 legislation that set up an oversight board is restricting federal authority.
    F.C.C. Opens Door to More Consolidation in TV Business

    F.C.C. Opens Door to More Consolidation in TV Business


    Ajit Pai, chairman of the Federal Communications Commission, has argued that media organizations would have greater ability to compete against internet giants by combining resources in local...

    The agency voted to relax several rules, including allowing a company to own more than one of the top stations in a local market.
    China’s Soccer Push Puts a Storied Team Under Murky Ownership

    China’s Soccer Push Puts a Storied Team Under Murky Ownership


    The Chinese businessman Li Yonghong, center, in April with other board members of the Italian soccer club A.C. Milan. Mr. Li bought the club for $860 million, China’s biggest-ever soccer...

    Fans of Italy’s A.C. Milan greeted its new owner as a savior. Today, as the debt-burdened team bleeds money, questions swirl around its new benefactor.
    Stitch Fix Prepares an I.P.O. in the Shadow of Amazon

    Stitch Fix Prepares an I.P.O. in the Shadow of Amazon


    Stitch Fix was founded in the apartment of its chief executive, Katrina Lake, six years...

    The online retailer is a rarity: A start-up that has been profitable. But investors will have to decide if it can compete with the e-commerce behemoth.
    Comcast Said to Be in Talks to Buy 21st Century Fox Assets

    Comcast Said to Be in Talks to Buy 21st Century Fox Assets


    A scene from “Better Things” on FX, a cable network owned by 21st Century...

    The cable giant is discussing acquiring the Fox movie studio, the FX network, regional sports channels and a vast overseas TV distribution business.

    Keystone Pipeline Leaks 210,000 Gallons of Oil in South Dakota


    The spill in South Dakota comes just days before Nebraska regulators will decide on a permit needed for the proposed Keystone XL...

    The spill in South Dakota comes just days before Nebraska regulators will decide on a permit needed for the proposed Keystone XL pipeline
    F.D.A. Speeds Review of Gene Therapies, Vowing to Target Rogue Clinics

    F.D.A. Speeds Review of Gene Therapies, Vowing to Target Rogue Clinics


    Scott Gottlieb, the commissioner of the Food and Drug Administration, at a Senate hearing earlier this year. The F.D.A. issued new guidelines that will expedite treatments involving human cells and...

    The agency plans to speed approval of treatments to get them to the market faster, signaling the quickened pace of advancements in this field.
    Common Sense: With AT&T and Time Warner, Battle Lines Form for an Epic Antitrust Case

    Common Sense: With AT&T and Time Warner, Battle Lines Form for an Epic Antitrust Case


    The chief executives Randall L. Stephenson of AT&T, left, and Jeffrey L. Bewkes of Time Warner at a Senate hearing on their merger plan last year. While some antitrust experts say legal precedent favors approval of the deal, others point to a growing...

    The Justice Department is favoring divestiture, meaning CNN might have to go. But experts say many concerns can be addressed with “conduct remedies.”
    Middle-Class Families Confront Soaring Health Insurance Costs

    Middle-Class Families Confront Soaring Health Insurance Costs


    Ian Dixon, right, said he might hire an employee just so he could buy health insurance as a small business, at a cost far below what he and his family would have to pay on their...

    In Virginia, premiums on policies sold under the Affordable Care Act are pushing health coverage out of reach, and customers see political forces at work.
    Norway’s Wealth Fund Considers Divesting From Oil Shares

    Norway’s Wealth Fund Considers Divesting From Oil Shares


    An oil drilling platform operated by Statoil ASA in the North Sea near Bergen, Norway. The country is Europe’s dominant producer of...

    The move signals that the country, Europe’s top producer, does not have full confidence in oil’s future.
    China Craves Electric Cars, While U.S. Flirts With Ending Tax Credit

    China Craves Electric Cars, While U.S. Flirts With Ending Tax Credit


    Workers inspected the Baojun E100 electric car at an assembly plant in Liuzhou, China, last week. The country is pushing to expand sales of electric...

    As American lawmakers weigh a repeal, automakers are gathering in China, a country demanding they sell more electric cars.
    Mulvaney Expected to Run Watchdog Agency He Wanted to Kill

    Mulvaney Expected to Run Watchdog Agency He Wanted to Kill


    Mick Mulvaney is expected to be named the acting head of the Consumer Financial Protection Bureau, a regulator that has emerged as one of the most aggressive banking...

    Mick Mulvaney, the White House budget director, was a co-sponsor of a bill to shut down the Consumer Financial Protection Bureau.
    A More Conciliatory Tone on Climate from the U.S. at Global Talks

    A More Conciliatory Tone on Climate from the U.S. at Global Talks


    The United States offered a seemingly contradictory message at the United Nations climate conference in Bonn, promising to engage in further talks while also vowing to exit the Paris...

    In a brief address at the United Nations climate conference in Bonn, a State Department official mentions climate change and not coal, drawing (polite) applause.
    Wheels: The Near Future of Driving: Eyes Forward, but No Hands at 10 and 2

    Wheels: The Near Future of Driving: Eyes Forward, but No Hands at 10 and 2


    Neal Boudette drove from Michigan to Indiana largely without having to put his hands on the wheel. That meant finding other things to do, like taking a...

    The Cadillac Super Cruise system is the latest in semiautonomous driving technology, allowing drivers to keep their hands off the wheel as long as they pay attention to the road.
    I.R.S. Starts to Enforce Health Law’s Rule That Employers Offer Insurance

    I.R.S. Starts to Enforce Health Law’s Rule That Employers Offer Insurance


    Large companies — defined by law as those with 50 or more workers — are required to offer their employees affordable insurance or pay stiff tax...

    Thousands of businesses, many of them small or midsize, will soon get a letter saying they owe penalties because they failed to offer qualifying insurance.
    Breweries Find That Coffee Is Their Second Favorite Beverage

    Breweries Find That Coffee Is Their Second Favorite Beverage


    Sean Arroyo, left, pours a glass of beer at Heritage Brewing Company Market Common Brewpub & Roastery in Arlington, Va. It merges his two businesses: beer and...

    Beer makers around the country are taking on another brew — roasting coffee, opening cafes and working both ends of the day.
    With Big Gift and Tighter Oversight, the Met Gains Solid Ground

    With Big Gift and Tighter Oversight, the Met Gains Solid Ground


    Herbert and Florence Irving. Ms. Irving and her husband’s estate are giving $80 million to the Metropolitan Museum of...

    Coming off a tumultuous year, the museum is reducing its deficit and aiming to increase transparency. An $80 million donation helps.
    Meredith Bid for Time Inc. Said to Be Backed by Koch Brothers

    Meredith Bid for Time Inc. Said to Be Backed by Koch Brothers


    Earlier talks this year between Time Inc., the publisher of People and Sports Illustrated, and the Meredith Corporation fizzled...

    The billionaire Koch brothers are said to have tentatively agreed to support the publisher Meredith’s offer with an equity injection of more than $500 million.
    Deception and Ruses Fill the Toolkit of Investigators Used by Weinstein

    Deception and Ruses Fill the Toolkit of Investigators Used by Weinstein


    Black Cube was thrust into the spotlight last week when The New Yorker revealed that the producer Harvey Weinstein had hired the firm to investigate the actress Rose...

    Black Cube, hired to ferret out information on a Weinstein accuser, used an elaborate ruse involving a fake job interview in another case.
    Nelson Peltz Declares Victory in Procter & Gamble Proxy Fight

    Nelson Peltz Declares Victory in Procter & Gamble Proxy Fight


    Nelson Peltz’s proxy battle with Procter & Gamble has been closely watched as a referendum on the leadership of underperforming blue-chip...

    Trian Fund Management, Mr. Peltz’s investment firm, announced that a preliminary independent vote count showed that he had been elected to P.&G.’s board.
    Amazon Sellers Brood as States Come Calling for Taxes

    Amazon Sellers Brood as States Come Calling for Taxes


    The fees Amazon charges its marketplace sellers are a huge business for the company, totaling nearly $8 billion during its most recent quarter, up from $5.65 billion a year earlier. The e-commerce giant leaves collection of sales taxes up to those...

    Most third-party sellers on Amazon do not collect sales tax. States, thirsty for the millions of dollars in unpaid revenue, are coming for the money.
    Breakingviews: A German Banking Merger Remains Far Off

    Breakingviews: A German Banking Merger Remains Far Off


    Deutsche Bank’s headquarters in Frankfurt. A possible merger with Commerzbank would require the approval of investors beyond Cerberus Capital...

    Cerberus Capital Management’s investment in both Deutsche Bank and Commerzbank is not enough to spur a merger of the two institutions.