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Friday, November 9, 2018
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Fortune Magazine Sold to Thai Businessman for $150 Million 9 Nov 10:23pm Updated Fortune Magazine Sold to Thai Businessman for $150 Million
Meredith acquired the title with a $2.8 billion acquisition of Time Inc. last November, in a deal that made it the largest magazine publisher in America.
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F. D.A. Plans to Seek a Ban on Menthol Cigarettes 9 Nov 8:25pm F. D.A. Plans to Seek a Ban on Menthol Cigarettes
The move is part of an aggressive campaign against many products containing nicotine, including flavored e-cigarettes. Menthol has long been a concern among African-Americans because of its addictive qualities.
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Ex-Goldman Sachs Banker Said Colleagues Were Involved in 1MDB Scandal 9 Nov 6:13pm Ex-Goldman Sachs Banker Said Colleagues Were Involved in 1MDB Scandal
In a newly unsealed court transcript, a former Goldman banker who pleaded guilty to money laundering called some of his actions “very much in line” with the firm’s culture.
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A Tale of Two Washingtons Awaits Wall Street Banks 9 Nov 5:51pm A Tale of Two Washingtons Awaits Wall Street Banks
The Federal Reserve wants to relax rules for the biggest banks, but Democrats, who will take control of the House next year, say they plan to keep banks on a tight leash.
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Vocations: Always a Great Seat at the Game, if You Can Fly a Blimp 9 Nov 5:00pm Vocations: Always a Great Seat at the Game, if You Can Fly a Blimp
Taylor Deen commands an airship that shifts slightly with the winds and provides aerial TV coverage of major sporting events in the United States.
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9 Nov 4:56pm Updated Oil Slide, China Worries Send Wall Street Tumbling
Wall Street's three major stock indexes lost ground on Friday, after a week of recovery from the October sell-off, as oil prices fell further and more evidence of a slowing Chinese economy was reported.
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Philippines Says It Will Charge Veteran Journalist Critical of Duterte 9 Nov 4:56pm Updated Philippines Says It Will Charge Veteran Journalist Critical of Duterte
Her news site, Rappler, called the charges “intimidation and harassment” and accused President Rodrigo Duterte’s government of trying to silence critical coverage.
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9 Nov 4:09pm Wall Street Drops on Worries Over China, Oil Prices
Wall Street's three major indexes closed down on Friday after weak Chinese data and volatile oil prices raised concerns about global growth.
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The Economy Didn’t Save Republicans After All 9 Nov 3:39pm Updated The Economy Didn’t Save Republicans After All
Neither strong growth nor a $1.5 trillion tax cut helped President Trump’s party in the midterm elections — by any number of measures.
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The Workologist: Your Boss Wants to Friend You on Facebook. What if You’d Rather Resist? 9 Nov 3:00pm The Workologist: Your Boss Wants to Friend You on Facebook. What if You’d Rather Resist?
An employee is ignoring social-media contact from a manager. That might work in the short term. But here’s how to handle this situation and prepare for the next one.
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Trump Threatens to Retaliate Against Reporters Who Don’t Show ‘Respect’ 9 Nov 2:11pm Trump Threatens to Retaliate Against Reporters Who Don’t Show ‘Respect’
The president, speaking on the South Lawn before leaving for a brief jaunt to Paris, also targeted the reporter April D. Ryan with an unprompted diatribe in which he called her a “loser.”
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Corner Office: Sundar Pichai of Google: ‘Technology Doesn’t Solve Humanity’s Problems’ 9 Nov 2:09pm Updated Corner Office: Sundar Pichai of Google: ‘Technology Doesn’t Solve Humanity’s Problems’
Growing up in India, he slept on the floor of a house without a refrigerator. Today, the chief executive is steering Google through the most turbulent period in its history.
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Devah Pager, Who Documented Race Bias in Job Market, Dies at 46 9 Nov 2:03pm Updated Devah Pager, Who Documented Race Bias in Job Market, Dies at 46
Her research established that a white man, even if he had a felony conviction, fared better when applying for a job than a black man with no criminal record.
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9 Nov 1:27pm Oil Slide, China Worries Jolt Wall Street
The S&P 500 fell more than 1 percent on Friday, with shares of large technology, industrial and material companies taking a hit as weak Chinese data and a slide in oil prices raised concerns about global growth.
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Goodbye, Tampon Tax (at Least for Some) 9 Nov 1:15pm Updated Goodbye, Tampon Tax (at Least for Some)
Nevada became the 10th state to eliminate the so-called tampon tax, freeing consumers of sales tax when buying tampons and sanitary pads.
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Your Money Adviser: I.R.S. Is Raising 401(k) Contribution Limits in 2019 9 Nov 12:17pm Your Money Adviser: I.R.S. Is Raising 401(k) Contribution Limits in 2019
The additional amount is just $500, but financial advisers note that the extra money can grow substantially over time.
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Breakingviews: UBS Can Afford a Legal Brawl With the Justice Department 9 Nov 11:15am Breakingviews: UBS Can Afford a Legal Brawl With the Justice Department
U.S. prosecutors have sued the Swiss bank over sales of mortgage-backed securities before the 2008 financial crisis. It can probably shrug it off.
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At Doomed Flight’s Helm, Pilots May Have Been Overwhelmed in Seconds 9 Nov 10:12am Updated At Doomed Flight’s Helm, Pilots May Have Been Overwhelmed in Seconds
As American and Indonesian investigators puzzle through clues of troubles that befell Flight 610, they are finding not a single lapse but a cascade of issues.
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Like a Boss: Phoebe Robinson’s Work Diary: ‘The Sausage Is Getting Made Very Publicly, but It Makes You Fearless’ 9 Nov 10:00am Like a Boss: Phoebe Robinson’s Work Diary: ‘The Sausage Is Getting Made Very Publicly, but It Makes You Fearless’
She’s a comedian, podcaster (2 Dope Queens), best-selling author and — no surprise here — a confessed workaholic.
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DealBook Briefing: Google Overhauls Its Sexual Misconduct Policy 9 Nov 7:34am Updated DealBook Briefing: Google Overhauls Its Sexual Misconduct Policy
The company will end its practice of forced arbitration for claims of sexual harassment or assault after last week’s staff walkout.
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Fact Check of the Day: Fact-Checking Trump’s Claims About the Chinese Economy 9 Nov 5:59am Fact Check of the Day: Fact-Checking Trump’s Claims About the Chinese Economy
At a news conference, the president answered a question about healing national divides by saying, falsely, that he had forced China to back down from a plan to strengthen its manufacturing industry.
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Tech C.E.O.s Are in Love With Their Principal Doomsayer 9 Nov 5:00am Tech C.E.O.s Are in Love With Their Principal Doomsayer
The futurist philosopher Yuval Noah Harari thinks Silicon Valley is an engine of dystopian ruin. So why do the digital elite adore him so?
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How Much Are You Willing to Pay for a Few Extra Inches of Legroom? 9 Nov 5:00am How Much Are You Willing to Pay for a Few Extra Inches of Legroom?
Premium economy — offering more space than coach but at a lower fare than business class — is turning out to be popular among fliers and a huge moneymaker for the airlines.
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Keystone XL Pipeline Construction Blocked by Federal Judge 9 Nov 2:13am Keystone XL Pipeline Construction Blocked by Federal Judge
Judge Brian M. Morris criticized the Trump administration for its failure to provide a “reasoned explanation” for its position about the pipeline’s impact on the climate.
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