business


Wells Fargo Said to Be Target of $1 Billion U.S. Fine

Wells Fargo Said to Be Target of $1 Billion U.S. Fine

An expected $1 billion penalty against Wells Fargo would mark the toughest action that the Trump administration has taken against a major bank.

Union Is Formed at Los Angeles Times and Publisher Put on Leave

Union Is Formed at Los Angeles Times and Publisher Put on Leave

The Los Angeles Times building. Employees at the newspaper have voted to unionize, reversing more than a century of anti-union sentiment.

A Cell Therapy Untested in Humans Saves a Baby With Cancer

A Cell Therapy Untested in Humans Saves a Baby With Cancer

Layla Richards had been expected to die from acute lymphoblastic leukemia. She has been in remission for a few months.

For Harry Truman, the Buck Stopped at a Brush With Bankruptcy

For Harry Truman, the Buck Stopped at a Brush With Bankruptcy

Harry S. Truman, left, in a photograph taken circa 1920 at the haberdashery he and a friend, Eddie Jacobson, founded in Kansas City, Mo. Though the store had early success, by the spring of 1922 it had failed, a victim of the postwar economic bust and other factors.

Turkey’s Economy Is So Hot That It May Face a Meltdown

Turkey’s Economy Is So Hot That It May Face a Meltdown

Turkey’s economy shows worrying signs: Merchants in Istanbul’s Grand Bazaar complain they must pay their rent in dollars and euros while selling their wares in the lira, which is dwindling in value.

Trump Seeks to Block Pay Raises for Federal Workers

Trump Seeks to Block Pay Raises for Federal Workers

President Trump acted Thursday to block pay increases for federal workers that are due on Jan. 1. He has sought to peel back the labor protections of civil servants, but ran into a legal setback last week.

1985: Television Transformed 1.0

1985: Television Transformed 1.0

Blockbuster Video, MTV and the programs “Moonlighting” and “Hill Street Blues” were all part of the TV revolution.

Les Moonves Stays as CBS C.E.O. While Its Board Plans an Investigation

Les Moonves Stays as CBS C.E.O. While Its Board Plans an Investigation

CBS is investigating allegations that its chief executive, Leslie Moonves, sexually harassed six women over the course of decades.

Is This Ad ‘Relevant to the Trump Voter?’ Advertisers Are Asking

Is This Ad ‘Relevant to the Trump Voter?’ Advertisers Are Asking

An advertisement for HP. The company says it will now design ads with consumers’ political leanings in mind, in the same way it considers age, ethnicity and income when formulating its marketing plans.

How Craft Breweries Are Helping to Revive Local Economies

How Craft Breweries Are Helping to Revive Local Economies

Equilibrium Brewery in Middletown, N.Y., drew a crowd of craft brew fans from several states recently for a can and bottle release.

New Corporate Raider Enters Picture, With Eye on a Sale of Ally

New Corporate Raider Enters Picture, With Eye on a Sale of Ally

Ally Financial’s initial public offering in 2014. The bank’s share price has slumped 31 percent over the past year.

How Companies Are Making Customers Pay for Trump’s Trade War

How Companies Are Making Customers Pay for Trump’s Trade War

Caterpillar said tariffs could add as much $200 million to its costs in the second half of this year.

Robots or Job Training: Manufacturers Grapple With How to Improve Their Economic Fortunes

Robots or Job Training: Manufacturers Grapple With How to Improve Their Economic Fortunes

Mike Steffel never went to college, instead finding low-paying factory jobs. Now he is an apprentice toolmaker, sponsored by his employer in a two-year certificate program, with a commitment to stay on for a year afterward.

Trump Shifts From Trade War Threats to Concessions in Rebuff to Hard-Liners

Trump Shifts From Trade War Threats to Concessions in Rebuff to Hard-Liners

The United States government threatened the continued existence of ZTE as a business last month, when the Commerce Department ordered a seven-year halt in American shipments of computer microchips and software that lie at the heart of most of ZTE’s gear.

Isabelle Kocher Breaks the Corporate Mold

Isabelle Kocher Breaks the Corporate Mold

Isabelle Kocher, chief executive of Engie, one of Europe’s biggest power companies, is one of the seven chairwomen of this year’s World Economic Forum in Davos, Switzerland.

Professionals Make Car Buying Easy, but You Have to Shop Around

Professionals Make Car Buying Easy, but You Have to Shop Around

Jeffry Melnick of Palm Springs, Calif., didn’t want the anxiety of haggling for a car, so he called Authority Auto to do it for him. The service got the Mercedes he wanted at a price he could pay.


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