As director of the International Ladies’ Garment Workers’ Union, she fought for better working wages and conditions while wresting control from the mob.
https://www.nytimes.com/2024/05/03/business/min-matheson-overlooked.html
In a suit filed in federal court in New York, a firm that provided hundreds of millions of dollars to 777 accused the company of double-pledging its collateral to other investors.
https://www.nytimes.com/2024/05/04/world/europe/everton-777-partners-lawsuit.html
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.
https://www.nytimes.com/2024/05/04/business/dealbook/berkshire-hathaway-buffett.html
The exclusive period for Paramount’s potential merger with Skydance expired without a deal, highlighting the long-debated question of whether exclusivity is a waste of time.
https://www.nytimes.com/2024/05/04/business/is-it-good-to-go-exclusive.html
The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It’s not clear how quickly other companies will fill the gap.
Thieves are using skimmers to drain millions in food stamps and other public benefits from the neediest Americans.
https://www.nytimes.com/2024/05/04/business/food-stamps-skimming-scam.html
Companies like Lego and Mattel have divisions that seek out design concepts directly from collectors and other highly dedicated fan bases.
https://www.nytimes.com/2024/05/04/business/toys-direct-to-consumer-sales-ideas.html
American investors are gobbling up the storied teams of the English Premier League — and changing the stadium experience in ways that soccer fans resent.
https://www.nytimes.com/2024/05/04/magazine/english-soccer-american-owners.html
To get protesters off campus lawns, Brown University and others have agreed to consider ending investments linked to Israel. But how?
https://www.nytimes.com/2024/05/03/business/brown-university-divestment-israel-gaza.html
Berkshire Hathaway shareholders will gather in Omaha for the conglomerate’s annual meeting on Saturday, with questions about the company’s future.
https://www.nytimes.com/2024/05/03/business/dealbook/warren-buffett-berkshire-hathaway-agm.html
The chain, which started with a single shop in Brooklyn in 1924, said it would close all 42 of its locations by the end of July, citing competition from online retailers.
https://www.nytimes.com/2024/05/03/business/sam-ash-music-closing-stores.html
The real estate mogul Barry Sternlicht’s scathing criticism of his alma mater is the most immediate blowback against the school’s deal to end protests on campus.
https://www.nytimes.com/2024/05/03/business/sterlicht-brown-university-donor.html
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.
https://www.nytimes.com/2024/05/03/business/auditor-trump-media-fraud.html
Negotiations are now likely to focus on another suitor, Sony, which has teamed up with the private equity giant Apollo on a $26 billion bid.
https://www.nytimes.com/2024/05/03/business/media/paramount-skydance-exclusive-talks-lapse.html
Columbia University’s radio station and other student-led news outlets have provided some of the most detailed coverage of the turmoil engulfing university campuses.
https://www.nytimes.com/2024/05/03/business/media/campus-protests-columbia-student-media-gaza.html
Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.
https://www.nytimes.com/2024/05/03/us/politics/us-steel-nippon-steel-biden-cfius.html
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.
https://www.nytimes.com/2024/05/03/business/jobs-report-april-market-reaction.html
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
https://www.nytimes.com/2024/05/03/business/economy/jobs-report-april-2024.html
Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.
The brash owner Mike Repole will take a break from tweaking horse racing’s powers when his colt Fierceness runs in the Kentucky Derby on Saturday.
https://www.nytimes.com/2024/05/03/business/kentucky-derby-mike-repole-fierceness.html
Hundreds of marketers and ad agency types flocked to TikTok’s annual sales presentation after a new law put its future in question.
https://www.nytimes.com/2024/05/03/business/media/tiktok-advertisers.html
Wage growth and hiring slowed in April, prodding investors to slightly increase their bets on rate cuts this year.
https://www.nytimes.com/2024/05/03/business/april-jobs-report-federal-reserve.html
The Federal Reserve is shedding assets at a glacial pace, exposing the financial system to continuing risks, our columnist says.
https://www.nytimes.com/2024/05/03/business/federal-reserve-markets-turmoil.html
But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans.
https://www.nytimes.com/2024/05/03/your-money/medical-debt-credit-reports.html
The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.
America’s adversaries have mounted online campaigns to amplify the social and political conflicts over Gaza flaring at universities, researchers say.
https://www.nytimes.com/2024/05/02/business/media/campus-protests-russia-china-iran-us.html
Would cloudy weather ruin a visit to the first-ever resort to receive certification from DarkSky International? A stargazer in Utah holds on to her optimism.
https://www.nytimes.com/2024/05/01/travel/utah-stargazing-glamping.html
Paramount has been exploring a potential deal for months, talking to suitors including Skydance, producer of “Top Gun: Maverick.”
https://www.nytimes.com/2024/05/02/business/media/sony-apollo-paramount-deal.html
Barry McCarthy took over as C.E.O. in February 2022 to revive Peloton from its late-pandemic slump, but the company has struggled to become profitable.
https://www.nytimes.com/2024/05/02/business/peloton-barry-mccarthy-layoffs.html
Amit P. Mehta, a judge in U.S. District Court for the District of Columbia, will issue a landmark antitrust ruling.
https://www.nytimes.com/2024/05/02/business/judge-mehta-google-antitrust.html
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.
https://www.nytimes.com/2024/05/02/business/global-economy-inflation.html
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.
https://www.nytimes.com/2024/05/02/business/economy/the-fed-job-market.html
North Carolina’s Triad was built on tobacco, textiles and furniture. Now it’s trying to forge a new economy from more highly skilled manufacturing.
https://www.nytimes.com/2024/05/02/business/economy/north-carolina-triad-economy.html
The two companies reached a new licensing deal, ending a three-month stalemate that kept some of pop’s biggest stars off the platform.
https://www.nytimes.com/2024/05/02/arts/music/tiktok-universal-music-deal.html
The outbreak linked to shelled organic walnuts distributed by Gibson Farms has sickened 12 people and hospitalized seven in California and Washington State, federal officials said.
https://www.nytimes.com/2024/05/01/business/walnuts-recall-ecoli-whole-foods.html
A software company announced it had teamed up with the arcade and restaurant chain to allow betting in the future through the Dave & Buster’s app.
https://www.nytimes.com/2024/05/02/business/dave-busters-arcade-betting.html
But the scope of the outbreak among cattle remains uncertain, and little human testing has been done.
https://www.nytimes.com/2024/05/01/health/bird-flu-milk-cows.html
Katherine Maher, the radio network’s new chief executive, has been in the spotlight since an editor published an essay accusing the organization of leftward-leaning bias.
https://www.nytimes.com/2024/05/01/business/media/npr-republican-bias-ceo-katherine-maher.html
Stubbornly high inflation has scrambled the central bank’s outlook. Wall Street is now shifting focus to Friday’s jobs report for clues on its next move.
https://www.nytimes.com/2024/05/02/business/dealbook/fed-powell-interest-rates.html
The breakdown of 12 horses in the days surrounding the celebrated race a year ago has led to existential questions about the sport and its future.
https://www.nytimes.com/2024/05/02/business/horse-racing-deaths-kentucky-derby.html
The boundaries between art, fashion and luxury seem to be melting away. That’s great for brands, but what about artists — and the art?
https://www.nytimes.com/2024/05/02/arts/art-fashion-luxury-overlap.html
Russia has been losing its grip on the Rosenets Oil Terminal, near the port city of Burgas, as Bulgarian authorities seek to assert greater control over the Russian-run facility.
https://www.nytimes.com/2024/05/01/world/europe/bulgaria-russia-oil-ukraine.html
The offer is the company’s third attempt to resolve tens of thousands of claims that its baby powder caused ovarian cancer and mesothelioma.
https://www.nytimes.com/2024/05/01/business/johnson-johnson-talc-settlement.html
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.
https://www.nytimes.com/2024/05/01/business/economy/fed-interest-rates-inflation.html
The company announced a new category of outlandish stays in partnership with brands and celebrities, building on the success of gimmicks like the Barbie Malibu DreamHouse.
https://www.nytimes.com/2024/05/01/business/airbnb-up-house-shrek-listings.html
A data analytics firm has helped big health insurers cut payments to doctors, raising concerns about possible price fixing.
https://www.nytimes.com/2024/05/01/us/multiplan-health-insurance-price-fixing.html
“Panda diplomacy” has represented an area of cooperation between the United States and China despite tension over weighty issues of trade and national security.
https://www.nytimes.com/2024/05/01/us/pandas-china-san-diego-zoo.html
Team owners said they needed to share in racing’s financial success, putting them at odds with the privately held business that runs the sport.
https://www.nytimes.com/2024/05/01/business/nascar-racing-teams-charters.html
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.
https://www.nytimes.com/2024/05/01/health/united-health-cyberattack-senate.html
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
https://www.nytimes.com/2024/05/01/business/interest-rates-mortgages-credit-cards-student-loans.html
Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
https://www.nytimes.com/2024/05/01/business/economy/federal-reserve-presidential-election.html
White House officials have barnstormed Wisconsin to make the connection between big changes and their signature laws.
https://www.nytimes.com/2024/05/01/business/economy/federal-money-milwaukee-biden.html
Andy Litinsky, who helped start the former president’s social media company, revealed Mr. Trump’s last-minute doubts about an agreement that made them all very wealthy.
https://www.nytimes.com/2024/05/01/business/truth-social-trump-media-trial.html
The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.
https://www.nytimes.com/2024/05/01/us/politics/us-sanctions-china-russia.html
Its flagship will open with a 30th-anniversary exhibition featuring works by all of the gallery’s 80 artists.
https://www.nytimes.com/2024/05/01/arts/design/zwirner-los-angeles-art-melrose.html
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.
https://www.nytimes.com/2024/05/01/business/economy/jolts-job-openings-hires-quits.html
The announcement covers 317,000 former students and marks another step in the administration’s student loan relief efforts.
https://www.nytimes.com/2024/05/01/us/politics/biden-student-debt-borrowers.html
The Justice Department’s recommendation that restrictions on marijuana be lifted have revived expectations for a business that has waited years for such a change.
https://www.nytimes.com/2024/05/01/business/dealbook/cannabis-business-law.html