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China Is Buying Gold, Sending Prices to Record Highs

Sun, 05/05/2024 - 09:30
The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.

Berkshire Reports Strong Earnings and Formidable Cash Stockpile

Sun, 05/05/2024 - 02:02
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.

Investor’s Lawsuit Accuses 777 Partners of $600 Million Fraud

Sat, 05/04/2024 - 23:00
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.

Is It Good to Go Exclusive?

Sat, 05/04/2024 - 21:09
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.

Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers

Sat, 05/04/2024 - 14:34
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.

How Scammers Are Stealing Money From Food Stamps Recipients

Sat, 05/04/2024 - 14:32
Thieves are using skimmers to drain millions in food stamps and other public benefits from the neediest Americans.

Got an Idea for a Toy? Toymakers Want to Hear From You.

Sat, 05/04/2024 - 14:30
Companies like Lego and Mattel have divisions that seek out design concepts directly from collectors and other highly dedicated fan bases.

When a Bunch of Bloody Yanks Came for English Soccer

Sat, 05/04/2024 - 10:23
American investors are gobbling up the storied teams of the English Premier League — and changing the stadium experience in ways that soccer fans resent.

Sam Ash Music Stores to Close

Sat, 05/04/2024 - 06:56
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.

Billionaire Donor Barry Sternlicht Assails Brown’s Deal With Protesters

Sat, 05/04/2024 - 06:24
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.

Paramount Will Let Exclusive Talks With Skydance Lapse, Imperiling Deal

Sat, 05/04/2024 - 03:32
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.

Campus Protests Over Gaza Spotlight the Work of Student Journalists

Sat, 05/04/2024 - 02:08
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.

Political Furor Over U.S. Steel Bid Puts Cfius in Spotlight

Sat, 05/04/2024 - 02:01
Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.

Stock Market Rises After Jobs Report Revives Investors’ Hopes for a Rate Cut

Sat, 05/04/2024 - 01:49
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.

SEC Charges Trump Media Auditor With Fraud

Sat, 05/04/2024 - 01:36
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.

Calls to Divest From Israel Put Students and Donors on Collision Course

Sat, 05/04/2024 - 01:13
To get protesters off campus lawns, Brown University and others have agreed to consider ending investments linked to Israel. But how?

Overlooked No More: Min Matheson, Labor Leader Who Faced Down Mobsters

Sat, 05/04/2024 - 00:48
As director of the International Ladies’ Garment Workers’ Union, she fought for better working wages and conditions while wresting control from the mob.

U.S. Job Market Eases, but Hiring Remains Firm

Sat, 05/04/2024 - 00:13
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.

Oil Companies Expand Offshore Drilling, Pointing to Energy Needs

Fri, 05/03/2024 - 23:41
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.

Mike Repole, Horse Racing’s Loudest Critic, Is Kentucky Derby Favorite

Fri, 05/03/2024 - 23:40
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.

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