World Business News | nytimes

F.C.C. Chairman Recommends Approval of $26 Billion T-Mobile-Sprint Merger

Ajit Pai said the companies had won his support by making what he called “significant commitments” to expand rural broadband service, build a robust 5G network and sell off Boost Mobile.

Source: NYT > Business | 21 May 2019 | 2:19 am(NZT)

Google Restricts Huawei’s Access to Android After Trump Order

The move could hamstring the Chinese tech giant if it prevents the firm’s customers from getting the latest versions of services such as Maps and Gmail.

Source: NYT > Business | 21 May 2019 | 1:50 am(NZT)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers

Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

Mediator: Kissing Babies, Loving Scrapple, Fighting Viral Hoaxes: ’20 Race’s New Routine

When it comes to disinformation, all signs suggest the 2020 presidential campaign will make 2016 look like a mere test run, our columnist writes.

Source: NYT > Business | 21 May 2019 | 12:37 am(NZT)

DealBook Briefing: Tech’s Cold War Just Started

Google, Qualcomm and Broadcom are among the companies that have reportedly frozen their supply of components and software to Huawei.

Source: NYT > Business | 20 May 2019 | 11:05 pm(NZT)

Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts

Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no.

Source: NYT > Business | 20 May 2019 | 9:56 pm(NZT)

Whitney Houston’s Estate Plans a Hologram Tour and a New Album

The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

Amazon Faces Investor Pressure Over Facial Recognition

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.

Source: NYT > Business | 20 May 2019 | 5:53 pm(NZT)

Rain Much on Your Vacation? One Italian Island Offers Hotel Refunds

Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.

Source: NYT > Business | 20 May 2019 | 4:18 pm(NZT)

TripAdvisor Modified Its Approach to Reviews and Sexual Assault. Did It Go Far Enough?

A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.

Source: NYT > Business | 20 May 2019 | 3:36 pm(NZT)

Deadly Germs, Lost Cures: Citrus Farmers Facing Deadly Bacteria Turn to Antibiotics, Alarming Health Officials

In its decision to approve two drugs for orange and grapefruit trees, the E.P.A. largely ignored objections from the C.D.C. and the F.D.A., which fear that expanding their use in cash crops could fuel antibiotic resistance in humans.

Source: NYT > Business | 20 May 2019 | 12:29 pm(NZT)

Who Is Robert F. Smith, the Man Paying Off Morehouse Graduates’ Loans?

Mr. Smith amassed a fortune estimated to be worth $5 billion by founding a private equity firm. He’s also the chairman of the board of Carnegie Hall.

Source: NYT > Business | 20 May 2019 | 10:58 am(NZT)

As ‘Rocketman’ Prepares to Take Off, Hollywood Holds Its Breath

Depending on ticket sales, the R-rated musical fantasia about Elton John could have ripple effects for its star, its studio and the wider film industry.

Source: NYT > Business | 20 May 2019 | 10:45 am(NZT)

Tech Jobs Lead to the Middle Class. Just Not for the Masses.

The great hope for people without a bachelor’s degree hasn’t yet spread beyond small-scale success stories.

Source: NYT > Business | 20 May 2019 | 7:20 am(NZT)

Running Scared: Network TV in the Streaming Age

Viewers are fleeing for Netflix. The ones who stay are older than the group prized by advertisers. Here’s a look back at the troubled 2018-19 season.

Source: NYT > Business | 20 May 2019 | 4:08 am(NZT)

With Interest: The Week in Business: A Facial Recognition Ban, and Trade War Blues

Also: Worries about another war, and the continuing crisis at Boeing.

Source: NYT > Business | 19 May 2019 | 5:57 am(NZT)

I.M. Pei, Master Architect Whose Buildings Dazzled the World, Dies at 102

Mr. Pei, a committed modernist, was one of the few architects equally attractive to real estate developers, corporate chieftains and art museum boards.

Source: NYT > Business | 19 May 2019 | 3:03 am(NZT)

Corroded Well Lining Caused Aliso Canyon Gas Leak That Displaced Thousands, Report Says

An inquiry found that SoCalGas had not meaningfully investigated more than 60 leaks before the one in October 2015 that became the largest leak of methane in United States history.

Source: NYT > Business | 19 May 2019 | 2:21 am(NZT)

© 澳纽网