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Thursday, June 14, 2018
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Wheels: When Cars Do the Driving, Who Will Feel the Joy? 14 Jun 11:30pm Updated Wheels: When Cars Do the Driving, Who Will Feel the Joy?
As cars gain autonomy, drivers will do less driving. But what about the other ways people connect with their automobiles?
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Currencies in USD
GBP 1,33 -0,226%
EUR 1,16 +0,086%
CHF 1,01 +0,299%
14 Jun 11:21pm Asian Stocks Mixed After ECB Announcement, US Data
Asian stock markets were mixed Friday after Wall Street largely finished with gains following the European Central Bank's announcement to phase out its bond-buying stimulus. Upbeat U.S. data helped bolstered sentiment.
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As China Curbs Borrowing, Growth Shows Signs of Faltering 14 Jun 10:32pm Updated As China Curbs Borrowing, Growth Shows Signs of Faltering
The country’s focus on reducing its debt has left small businesses facing a credit crunch, and the economy appears to be slowing.
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Facebook’s New Political Algorithms Increase Tension With Publishers 14 Jun 8:57pm Updated Facebook’s New Political Algorithms Increase Tension With Publishers
The company introduced new policies in response to criticism of its role in the 2016 election, but news outlets say journalism can now be mislabeled political content.
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AT&T Closes Acquisition of Time Warner 14 Jun 8:52pm AT&T Closes Acquisition of Time Warner
The Justice Department said it would not seek an injunction to stop the deal, which gives AT&T access to Time Warner’s vast media and entertainment portfolio.
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How the I.R.S. Could Punish Trump and His Foundation 14 Jun 8:39pm Updated How the I.R.S. Could Punish Trump and His Foundation
New York’s attorney general, who sued the Trump Foundation for engaging in political activities, also referred the matter to the Internal Revenue Service.
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Justice Department Won’t Seek Injunction to Stop AT&T-Time Warner Deal 14 Jun 8:35pm Updated Justice Department Won’t Seek Injunction to Stop AT&T-Time Warner Deal
The government could still appeal a court ruling allowing the merger. In the meantime, the two companies can close their deal.
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Stephen Bannon Buys Into Bitcoin 14 Jun 8:32pm Updated Stephen Bannon Buys Into Bitcoin
He was pushed out of the White House and then Breitbart News. Now he is focused on cryptocurrencies, which he thinks can disrupt the financial world.
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N.Y. Attorney General Sues Trump Foundation After 2-Year Investigation 14 Jun 7:37pm Updated N.Y. Attorney General Sues Trump Foundation After 2-Year Investigation
The scathingly worded lawsuit seeks to dissolve President Trump’s foundation and bar him and his children from nonprofit boards.
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Goldman Sachs Made Millions in Malaysia. Now Malaysia Wants Some Money Back. 14 Jun 7:25pm Goldman Sachs Made Millions in Malaysia. Now Malaysia Wants Some Money Back.
Goldman Sachs earned $600 million in fees helping sell bonds for the state investment fund at the center of a scandal that helped put the country deeply in debt.
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SoftBank Wants to Build the Future. Here Are Some New Bets It Could Make. 14 Jun 7:19pm Updated SoftBank Wants to Build the Future. Here Are Some New Bets It Could Make.
As the Japanese tech giant continues to buy up stakes in promising companies like WeWork, DealBook suggests other bold investments that it could make.
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Power Companies’ Mistakes Can Cost Billions. Who Should Pay? 14 Jun 6:32pm Updated Power Companies’ Mistakes Can Cost Billions. Who Should Pay?
Utilities say they must be shielded from liability or the electric grid will suffer. Critics say that puts the burden on ratepayers, not investors.
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14 Jun 6:12pm Bitcoin’s Price Was Artificially Inflated, Fueling Skyrocketing Value, Researchers Say
A University of Texas team found evidence that a cryptocurrency boom may have been largely due to manipulation.
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14 Jun 5:58pm Updated Stocks Rise as Economy Strengthens, Central Banks Step Back
U.S. stocks mostly rose Thursday, as markets get accustomed to the idea of investing with less of a safety net from central banks around the world.
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Rubio and Warren Seek to Protect Licenses of Student-Loan Debtors 14 Jun 4:53pm Rubio and Warren Seek to Protect Licenses of Student-Loan Debtors
Senators Marco Rubio and Elizabeth Warren offered bipartisan legislation that would end a practice that critics say prevents those who defaulted on loans from paying what they owe.
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14 Jun 3:51pm Stocks Edge Up Following ECB Rate Decision, Strong US Data
U.S. stocks mostly ticked higher on Thursday after Europe's central bank became the latest to spell out how it will close the spigot on the emergency stimulus it's flooded into the market in recent years.
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Trump Foundation, Accused of Sweeping Violations, Is Sued by New York Attorney General 14 Jun 3:35pm Updated Trump Foundation, Accused of Sweeping Violations, Is Sued by New York Attorney General
The scathingly worded lawsuit seeks to dissolve President Trump’s foundation and bar him and his children from nonprofit boards.
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As Uncertainty Clouds Economy, Europe Pulls Back on Easy Money 14 Jun 3:34pm As Uncertainty Clouds Economy, Europe Pulls Back on Easy Money
Political turmoil, slowing growth and the prospect of a trade war fail to deter Europe’s central bank from ending economic stimulus measures.
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What’s So Special About 21st Century Fox? 14 Jun 3:13pm What’s So Special About 21st Century Fox?
Walt Disney and Comcast are both clamoring for a large chunk of a decades-old media empire. Here’s why.
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14 Jun 3:02pm Updated Stocks Rise Following ECB Rate Decision, Strong US Data
U.S. stocks mostly ticked higher on Thursday after Europe's central bank became the latest to spell out how it will close the spigot on the emergency stimulus it's flooded into the market in recent years.
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Bill Would Protect Licenses of Those Who Default on Student Loans 14 Jun 2:54pm Updated Bill Would Protect Licenses of Those Who Default on Student Loans
Senators Marco Rubio and Elizabeth Warren will offer legislation that would end a practice that critics say robs debtors of the means to pay what they owe.
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Safety Move by Didi, Chinese Ride-Hailing App, May Strand Women at Night 14 Jun 2:21pm Safety Move by Didi, Chinese Ride-Hailing App, May Strand Women at Night
A company considered the Uber of China resumes late-hour car-pooling but says that men can’t pick up female passengers, a problem in a place where drivers are mostly male.
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Goldman Made Millions in Malaysia. Malaysia Hopes to Claw Some Back. 14 Jun 2:13pm Goldman Made Millions in Malaysia. Malaysia Hopes to Claw Some Back.
Goldman Sachs earned $600 million in fees helping sell bonds for the state investment fund at the center of the 1MDB scandal. Now Malaysia wants some restitution.
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The Donald J. Trump Foundation, Explained 14 Jun 1:57pm The Donald J. Trump Foundation, Explained
Why has President Trump’s charity faced years of legal scrutiny? And what does the New York attorney general’s lawsuit against it mean?
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N.Y. Attorney General Accuses Trump Charity of Sweeping Violations 14 Jun 12:35pm N.Y. Attorney General Accuses Trump Charity of Sweeping Violations
The scathingly worded lawsuit seeks to dissolve President Trump’s foundation and bar him and his children from nonprofit boards.
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N.Y. Attorney General Sues Trump Foundation Over Self-Dealing 14 Jun 12:31pm Updated N.Y. Attorney General Sues Trump Foundation Over Self-Dealing
The scathingly worded lawsuit seeks to dissolve President Trump’s foundation and bar him and his children from nonprofit boards.
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Will AT&T Be Able to Handle HBO? 14 Jun 11:17am Updated Will AT&T Be Able to Handle HBO?
With the court approval of its acquisition of Time Warner, a telecommunications company moves one step closer to the glittering arena of show business.
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Fed Raises Interest Rates and Signals 2 More Increases Are Coming 14 Jun 10:36am Updated Fed Raises Interest Rates and Signals 2 More Increases Are Coming
Jerome H. Powell, the Federal Reserve chairman, said the economy had strengthened significantly since the 2008 financial crisis and was approaching a “normal” level.
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A Chinese Ride-Hailing App May Strand Women at Night — for Their Safety 14 Jun 10:29am A Chinese Ride-Hailing App May Strand Women at Night — for Their Safety
Didi, China’s Uber, resumes late-hour car-pooling but says men can’t pick up female passengers — a problem in a place where drivers are mostly male.
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Contest Aims to Lift Personal Flying Machines Off the Page 14 Jun 10:00am Contest Aims to Lift Personal Flying Machines Off the Page
More than 100 entries include designs that look like motorcycles with propellers and giant airboats. Next: actually building one.
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Era of Easy Money for Eurozone Nears Its End 14 Jun 9:02am Updated Era of Easy Money for Eurozone Nears Its End
Meeting in Latvia, the central bank’s Governing Council outlined a road map for ending its quantitative easing program.
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Malaysia Will Seek Restitution From Goldman Sachs Over 1MDB Scandal 14 Jun 8:49am Malaysia Will Seek Restitution From Goldman Sachs Over 1MDB Scandal
The Wall Street bank made a lot of money in connection with the state investment fund at the center of a huge scandal. Now Malaysia wants some of it back.
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DealBook Briefing: Welcome to Media Merger Fight Club 14 Jun 7:59am Updated DealBook Briefing: Welcome to Media Merger Fight Club
Comcast unveiled its $65 billion bid for the bulk of 21st Century Fox yesterday, putting it head-to-head with Disney.
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What’s So Special About 21st Century Fox’s Assets? 14 Jun 7:20am What’s So Special About 21st Century Fox’s Assets?
Walt Disney and Comcast are both clamoring for a large chunk of a decades-old media empire. Here’s why.
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Who Is Behind Trump’s Links to Arab Princes? A Billionaire Friend 14 Jun 3:25am Updated Who Is Behind Trump’s Links to Arab Princes? A Billionaire Friend
The connections nurtured by the financier Tom Barrack look to have paid off handsomely for Saudi Arabia and the United Arab Emirates — and for his business.
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E.C.B. Expected to Step Closer to Ending Stimulus Program 14 Jun 3:14am E.C.B. Expected to Step Closer to Ending Stimulus Program
Meeting in Latvia, the central bank’s Governing Council will debate when to stop the bond purchases it has been using to hold down borrowing costs.
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