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Friday, January 12, 2018
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Inside Uber’s $100,000 Payment to a Hacker, and the Fallout 12 Jan 9:22pm Updated Inside Uber’s $100,000 Payment to a Hacker, and the Fallout
How Uber grappled with a 2016 hack is under scrutiny and has cast a chill over how other companies deal with security threats.
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Loyal Sam’s Club Members Lament the Loss of a Trusted Friend 12 Jan 8:58pm Updated Loyal Sam’s Club Members Lament the Loss of a Trusted Friend
Walmart’s abrupt shuttering of 63 Sam’s Club stores as it revealed higher pay leads to condemnation from customers and departures to Costco and BJ’s.
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Why Is South Korea Spooking the Global Bitcoin Market? 12 Jan 8:29pm Updated Why Is South Korea Spooking the Global Bitcoin Market?
The government says it is looking at banning virtual currency trades. But it isn’t clear whether, or how quickly, it will follow through.
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Holiday Retail Sales Soared, With Biggest Increase Since Recession 12 Jan 7:14pm Updated Holiday Retail Sales Soared, With Biggest Increase Since Recession
Sales increased 5.5 percent over the previous year, though they may been aided by natural disasters that spurred purchases of building supplies.
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State of the Art: The Difficulties With Facebook’s News Feed Overhaul 12 Jan 7:11pm Updated State of the Art: The Difficulties With Facebook’s News Feed Overhaul
Facebook faces complex questions over its prioritization of “meaningful” content in the News Feed, including whether people want that kind of content in the first place.
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The End of the Social News Era? Journalists Brace for Facebook’s Big Change 12 Jan 7:08pm Updated The End of the Social News Era? Journalists Brace for Facebook’s Big Change
Media executives watch skeptically as Mark Zuckerberg, in a heated political environment, shifts the focus of his site back to the personal.
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Chrysler Pacifica Minivans in Recall Over Engine Stalling 12 Jan 6:55pm Chrysler Pacifica Minivans in Recall Over Engine Stalling
The action, affecting 154,000 vehicles from the 2017 model year, was announced after owners filed safety complaints or shared concerns through social media.
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Breakingviews: The New Facebook’s Long-Term Benefit to the Bottom Line 12 Jan 6:45pm Breakingviews: The New Facebook’s Long-Term Benefit to the Bottom Line
Mark Zuckerberg’s return to focusing more on the welfare of users may limit short-run profits but should improve sustainability.
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JPMorgan’s Profits Are Strong, and They’ll Likely Get Stronger 12 Jan 6:38pm JPMorgan’s Profits Are Strong, and They’ll Likely Get Stronger
JPMorgan, a bellwether of the financial industry, earned $24 billion last year. And its profits are poised to keep rising, thanks in part to lower taxes.
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New Facebook Should Benefit Investors Long Term: DealBook Briefing 12 Jan 6:21pm New Facebook Should Benefit Investors Long Term: DealBook Briefing
Mark Zuckerberg’s return to focusing more on their welfare of Facebook’s users may limit short-run profits but should improve sustainability.
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Porn Star Who Claimed Sexual Encounter With Trump Received Hush Money, Wall Street Journal Reports 12 Jan 5:47pm Porn Star Who Claimed Sexual Encounter With Trump Received Hush Money, Wall Street Journal Reports
The $130,000 payment was reportedly made a month before the election. Mr. Trump “vehemently denies” the encounter happened, his lawyer told The Journal.
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As Gay Australians Hear Wedding Bells, Vendors See Dollar Signs 12 Jan 5:33pm Updated As Gay Australians Hear Wedding Bells, Vendors See Dollar Signs
One analyst estimates that same-sex marriage could provide a 650 million Australian dollar boost to the economy in 12 months.
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Thiel Makes a Bid for Gawker.com, a Site He Helped Bankrupt 12 Jan 5:00pm Thiel Makes a Bid for Gawker.com, a Site He Helped Bankrupt
Peter Thiel, the tech billionaire, helped run Gawker Media offline. Now he is trying to buy what is left of it.
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Dropbox Is Said to Be Planning to Go Public This Year 12 Jan 3:46pm Updated Dropbox Is Said to Be Planning to Go Public This Year
The online storage company, one of Silicon Valley’s closely watched “unicorns,” has filed confidentially to stage an initial public offering.
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Inside the Global Relay Race to Deliver Moly-99 12 Jan 3:38pm Updated Inside the Global Relay Race to Deliver Moly-99
The isotope is a cancer-detecting necessity, but is decays within days and isn’t made in North America. A company is rushing to build a plant in Wisconsin to change that.
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BlackRock: The $6 Trillion Money Manager 12 Jan 3:09pm Updated BlackRock: The $6 Trillion Money Manager
BlackRock, the world’s largest money manager, ended 2017 with $6.29 trillion under management as it continued to cash in on the boom in exchange-traded funds.
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A.I. Has Arrived in Investing. Humans Are Still Dominating. 12 Jan 3:00pm A.I. Has Arrived in Investing. Humans Are Still Dominating.
Artificial intelligence programs increasingly help fund managers run their portfolios, but will they will be good enough to replace them?
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Essay: Blockchain or Blockheads? Bitcoin Mania Mints Believers and Skeptics 12 Jan 2:47pm Essay: Blockchain or Blockheads? Bitcoin Mania Mints Believers and Skeptics
Investing in Bitcoin might make you rich, sure. But how much do you know about tulips? No bubble is too big to burst.
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Bargain Hunters Turn to Emerging Market Stocks 12 Jan 2:00pm Bargain Hunters Turn to Emerging Market Stocks
After a big year for stocks in China and India, emerging market stock funds are now attracting attention from bargain hunters.
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These 3 Mutual Funds Reaped Big Gains From Small Companies 12 Jan 1:00pm These 3 Mutual Funds Reaped Big Gains From Small Companies
Three top-performing funds recorded double-digit returns with small-cap stocks like a timber company, a cabinet manufacturer and an online lender.
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Vocations: He Has a Rarity in Music: A Steady Paycheck 12 Jan 12:59pm Vocations: He Has a Rarity in Music: A Steady Paycheck
Joe Shadid of Reverb.com appears in the site’s videos, teaching guitar and demonstrating instruments — keeping him close to what he loves while earning a living.
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Workspace: Waging the Cancer War, Surrounded by Signs of Life 12 Jan 12:54pm Workspace: Waging the Cancer War, Surrounded by Signs of Life
Matthew Zachary runs Stupid Cancer, a nonprofit that supports young adults battling the disease, from an office in TriBeCa filled with reminders of his passions.
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12 Jan 12:51pm Gains for Retailers Push S&P 500 Higher; Rates Rise
Rising retailers pushed U.S. stock indexes further into record territory on Friday, and the Standard & Poor's 500 was on pace to close out its seventh week of gains in the last eight.
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Prototype: Bringing Ballet Pros Relief, Down to the Tips of Their Toes 12 Jan 12:35pm Prototype: Bringing Ballet Pros Relief, Down to the Tips of Their Toes
An entrepreneur turned to Instagram to market shoe inserts to principal dancers at the New York City Ballet and San Francisco Ballet.
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DealBook Briefing: JPMorgan Shows Wall Street Is Still Hurting 12 Jan 12:29pm Updated DealBook Briefing: JPMorgan Shows Wall Street Is Still Hurting
The firm’s latest financial results show that fixed-income trading, the onetime engine behind Wall Street’s profits, is continuing to sputter.
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Off the Shelf: Personal Finance for Those Who Don’t Have a Clue 12 Jan 12:00pm Off the Shelf: Personal Finance for Those Who Don’t Have a Clue
A new book promises to be “a total beginner’s guide to getting good with money.” It does a good job, though our reviewer has a few misgivings.
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In Wisconsin, Hopes Rise for Production of a Lifesaving Radioactive Isotope 12 Jan 11:25am In Wisconsin, Hopes Rise for Production of a Lifesaving Radioactive Isotope
Inside the strange, global relay race that delivers (and sometimes fails to deliver) moly-99, a cancer-detecting necessity to America’s hospitals.
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Stampede of Tech Giants Gives Rebalancing New Appeal 12 Jan 11:00am Stampede of Tech Giants Gives Rebalancing New Appeal
The breakaway climb of growth stocks has unbalanced many investor portfolios. Is it time to trim tech and tilt back to value?
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12 Jan 10:27am Big Gains for Retailers Push S&P 500 Higher; Rates Rise
Rising retailers pushed U.S. stock indexes further into record territory on Friday, and the Standard & Poor's 500 index was on pace to close out its seventh week of gains in the last eight.
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For Bond Investors, Low Expectations in a Low-Yield World 12 Jan 10:00am For Bond Investors, Low Expectations in a Low-Yield World
Small portfolio tweaks, emerging markets and money market funds are options — but prospects for big profits are rare.
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Facebook Is Changing. What Does That Mean for Your News Feed? 12 Jan 9:33am Facebook Is Changing. What Does That Mean for Your News Feed?
The social network has implemented major changes to the types of posts, videos and photos that appear in your News Feed. Here is what you should expect.
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JPMorgan’s 4th-Quarter Profit Weathers $2.4 Billion Charge Tied to Tax Bill 12 Jan 9:02am JPMorgan’s 4th-Quarter Profit Weathers $2.4 Billion Charge Tied to Tax Bill
The banking giant earned $4.2 billion after taking a $2.4 billion charge linked to the tax overhaul. Wells Fargo reported $6.2 billion in quarterly earnings after a $173 million charge.
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Cutting Carbon Emissions While Earning Cash 12 Jan 9:00am Cutting Carbon Emissions While Earning Cash
Green bond funds seek securities with clear environmental benefits. Their managers chase the promise of a double bottom line: growing returns and falling carbon emissions.
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On the Runway: Is the Fashion Wearables Love Affair Over? 12 Jan 8:55am On the Runway: Is the Fashion Wearables Love Affair Over?
Judging by the Consumer Electronics Show, the answer may be yes.
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Plastics Pile Up as China Refuses to Take the West’s Recycling 12 Jan 2:14am Updated Plastics Pile Up as China Refuses to Take the West’s Recycling
Since Jan. 1, China has banned imports of 24 kinds of waste, including materials used in plastic bottles, in a campaign against “foreign garbage.”
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Kering to Spin Off Puma, Saying Goodbye to Sports Lifestyle 12 Jan 12:05am Updated Kering to Spin Off Puma, Saying Goodbye to Sports Lifestyle
The French conglomerate is spinning off its shares in Puma as part of a long-held ambition to become a pure luxury player.
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