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Thursday, January 10, 2019
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Fiat Chrysler’s Diesel Era Ends in a Costly Settlement 10 Jan 7:43pm Updated Fiat Chrysler’s Diesel Era Ends in a Costly Settlement
The accord reached in lawsuits over false emissions readings could cost nearly $800 million, including penalties, fixes, warranties and compensation.
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Currencies in USD
GBP 1,24 -0,885%
EUR 1,12 -0,446%
CHF 1,01 -0,494%
The Exclusive That Wasn’t? Publication Retracts Moonves Interview 10 Jan 7:38pm The Exclusive That Wasn’t? Publication Retracts Moonves Interview
Agenda, a news service owned by The Financial Times, published an interview with someone claiming to be Mr. Moonves shortly after he was fired as chief executive of CBS.
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Twitter Users in China Face Detention and Threats in New Beijing Crackdown 10 Jan 7:33pm Updated Twitter Users in China Face Detention and Threats in New Beijing Crackdown
Authorities are using harsh methods to target people posting criticism of the government on a social media platform that is blocked in the country, extending online censorship beyond China’s borders.
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10 Jan 7:02pm Jeff Bezos of Amazon and MacKenzie Bezos Plan to Divorce
The financial details of the split are sure to be complicated, though the world’s richest man and his wife of 25 years vow to “remain cherished friends.”
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Facing Legal Action, Insurer Now Will Cover People Taking Truvada, an H.I.V.-Prevention Drug 10 Jan 6:54pm Facing Legal Action, Insurer Now Will Cover People Taking Truvada, an H.I.V.-Prevention Drug
Regulators had accused Mutual of Omaha of denying policies to applicants, mostly gay men, who took medication to protect against the infection.
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Common Sense: Why Trump’s Unusual Leadership Style Isn’t Working in the White House 10 Jan 6:47pm Common Sense: Why Trump’s Unusual Leadership Style Isn’t Working in the White House
President Trump is churning through senior staff, a sign that his unconventional management style doesn’t translate into effective governance.
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El Espace: Do You Still Keep Money Under Your Mattress? Seriously, Stop 10 Jan 6:11pm El Espace: Do You Still Keep Money Under Your Mattress? Seriously, Stop
This week in El Espace: Personal finance for millennials of color, Jorge Ramos’s response to President Trump’s immigration address and more.
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El Espace: Do You Still Keep Money Under Your Mattress? Seriously, Stop. 10 Jan 3:53pm El Espace: Do You Still Keep Money Under Your Mattress? Seriously, Stop.
This week in El Espace: Personal finance for millennials of color, Jorge Ramos’s response to President Trump’s immigration address and more.
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10 Jan 3:51pm Updated Investors Were Spooked About Profits. Now Come the Facts.
After the worst year for stocks in a decade, investors are eager to hear what executives expect in 2019 as companies report fourth-quarter earnings.
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Female Economists Push Their Field Toward a #MeToo Reckoning 10 Jan 3:42pm Updated Female Economists Push Their Field Toward a #MeToo Reckoning
At the economics profession’s largest annual gathering, women said sexual harassment, discrimination and bullying were pushing them to the sidelines or out of the field altogether.
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U.S. Announces Settlement With Fiat Chrysler Over Emissions 10 Jan 3:25pm Updated U.S. Announces Settlement With Fiat Chrysler Over Emissions
The accord in lawsuits over false readings on diesel vehicles could cost nearly $800 million, including penalties, fixes, warranties and compensation.
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Ford Plans to Cut Thousands of Jobs Across Europe 10 Jan 2:58pm Updated Ford Plans to Cut Thousands of Jobs Across Europe
The automaker, which has 68,000 employees in the region, including through joint ventures, is also reviewing its factory operations there.
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China’s Ambassador to Canada Blames ‘White Supremacy’ in Feud Over Arrests 10 Jan 2:56pm Updated China’s Ambassador to Canada Blames ‘White Supremacy’ in Feud Over Arrests
Lu Shaye said in an op-ed for The Hill Times that Canadians applied “double standards,” viewing their own country’s laws as having to be observed, but not China’s.
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The Netherlands May Have Given Nike Illegal Tax Breaks, E.U. Says 10 Jan 2:49pm The Netherlands May Have Given Nike Illegal Tax Breaks, E.U. Says
The European Commission is investigating whether the Dutch government illegally allowed the American sportswear maker to camouflage profits and save billions in taxes.
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Trump Cancels Trip to Davos for World Economic Forum 10 Jan 2:30pm Trump Cancels Trip to Davos for World Economic Forum
The president blamed what he called the Democrats’ “intransigence” over border wall funding for his decision to skip the annual economic conference of elites in Switzerland.
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New Roles for Showtime Executives in Wake of Moonves Ouster 10 Jan 2:19pm New Roles for Showtime Executives in Wake of Moonves Ouster
David Nevins, the new chief content officer at CBS, promoted two lieutenants at the CBS-owned cable network behind “Billions” and “Ray Donovan.”
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10 Jan 12:49pm Wall St. Drops After Four-Day Rally as Retailers, Trade Talks Disappoint
U.S. stocks looked set to snap a four-day rally on Thursday as disappointing holiday-season results from Macy's hammered retail stocks and no clear signs of a resolution emerged from U.S.-Chinese trade talks.
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Brexit Is Dividing Britain. So Is a Brexit Movie. 10 Jan 11:19am Updated Brexit Is Dividing Britain. So Is a Brexit Movie.
A TV film starring Benedict Cumberbatch about Britain’s 2016 referendum on membership in the European Union had a difficult journey to the screen.
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Modern Kitchen Style: More Comfortable, More Inclusive 10 Jan 11:06am Modern Kitchen Style: More Comfortable, More Inclusive
Companies founded by cooks are designing clothes for all body types as kitchens move away from formal apparel and a boys’ club mentality.
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Rwanda Cracks Down on Skin Bleaching Agents by Seizing Cosmetics 10 Jan 11:05am Updated Rwanda Cracks Down on Skin Bleaching Agents by Seizing Cosmetics
Pointing to the chemicals’ harmful health effects, the country has begun enforcing its ban on bleaching agents, especially hydroquinone and mercury.
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China’s Ambassador to Canada Blames ‘White Supremacy’ for Feud Over Arrests 10 Jan 10:56am Updated China’s Ambassador to Canada Blames ‘White Supremacy’ for Feud Over Arrests
Lu Shaye said in an op-ed for The Hill Times that Canadians applied “double standards,” viewing their own country’s laws as having to be observed, but not China’s.
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10 Jan 10:52am Wall Street Drops After Four-Day Rally as Retailers, Trade Talks Disappoint
U.S. stocks looked set to snap a four-day rally on Thursday as disappointing holiday-season results from Macy's hammered retail stocks and no clear signs of a resolution emerged from U.S.-Chinese trade talks.
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10 Jan 9:52am Wall St. Opens Lower as Trade Talks, Retailers Disappoint
U.S. stocks opened lower on Thursday after a four-day rally, on disappointment over lack of details from the U.S.-China trade talks and holiday-season reports from retailers.
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Everything You Thought You Knew About Driving on Snow Was Wrong 10 Jan 9:00am Everything You Thought You Knew About Driving on Snow Was Wrong
The biggest problem is speed, and not knowing it will take much longer to stop, experts say.
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You Know Your Diamond’s Cut and Carat. But Does It Have Ethical Origins? 10 Jan 8:56am Updated You Know Your Diamond’s Cut and Carat. But Does It Have Ethical Origins?
Most buyers have no clue where their gems come from, and whether they are “blood diamonds.” Now, jewelers like Tiffany, hoping to attract millennials, are opening up their supply chains.
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Strategies: How Companies Like Apple Sprinkle Secrets in Earnings Reports 10 Jan 7:41am Strategies: How Companies Like Apple Sprinkle Secrets in Earnings Reports
Companies repeat themselves in dull earnings reports. But when they make many changes in the text from year to year, it often signals trouble.
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DealBook Briefing: Progress in Talks to End the Trade War 10 Jan 7:20am DealBook Briefing: Progress in Talks to End the Trade War
The U.S. and China identified the issues between them, setting the stage for potential talks with top leaders from both countries.
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Research Details How Junk Food Companies Influence China’s Nutrition Policy 10 Jan 6:58am Updated Research Details How Junk Food Companies Influence China’s Nutrition Policy
A life sciences institute funded by Coca-Cola and other multinational beverage and snack companies even has offices inside the government’s health ministry.
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10 Jan 6:00am Meanwhile: What Goes Into a $4,500 Pair of Handmade Boots?
They take months or even years to create. 'I don't even measure. I just do it by feel.'
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Like a Boss: Faust’s Work Diary: ‘I’ve Just Arrived and I’m Already Behind Schedule’ 10 Jan 5:55am Like a Boss: Faust’s Work Diary: ‘I’ve Just Arrived and I’m Already Behind Schedule’
The entrepreneurial graffiti artist travels to the Russian capital to install a mural — and gets more work along the way.
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South Korea Raised Taxes in Bid for Growth. So Far, It’s Not Working. 10 Jan 1:12am Updated South Korea Raised Taxes in Bid for Growth. So Far, It’s Not Working.
In contrast to President Trump, President Moon Jae-in of South Korea has embraced a pro-labor program of higher wages and taxes. The early results have been discouraging.
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