NYT Business

NYT Business


Financial, tech, media and other business news from The New York Times.

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Pier 1 Imports is filing for bankruptcy and closing more than 400 stores

Michael Bloomberg's continuing success in the polls is causing more issues for the political reporters employed by his news outlet

Owen Bieber, who led the United Auto Workers for 12 years during a time of decline for the labor movement, has died.

Millennials fantasize about retiring early. But that sentiment is the Federal Reserve’s nightmare

The iPhone maker, which is highly dependent on Chinese factories and Chinese consumers, said its supply of smartphones would be hurt because production was ramping up more slowly than expected as China reopened its factories.

Chinese leaders called for more emphasis on reviving the economy. But many of the factories that have reopened are operating well below capacity. Quarantines, blocked roads and checkpoints are stopping millions of workers from returning to their jobs. .

Bloomberg News journalists who hoped Michael Bloomberg’s candidacy would prove short-lived have watched him vault to the upper tier of the race. Now there are discussions about what a President Bloomberg could mean for the news organization.

Jeff Bezos, the world’s richest man, said he was committing $10 billion to address the climate crisis in a new initiative. Even if Mr. Bezos were to spend all $10 billion immediately, he would still remain the world’s richest man.

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For some people in Hong Kong, the future is uncertain. Others see no future there at all.

The Justice Department announced charges on Monday against four members of China’s military on suspicion of hacking into Equifax, the credit reporting agency, in 2017 and stealing trade secrets and the personal data of about 145 million Americans

F.D.A. has stopped routine food safety inspections of seafood, fruits, vegetables and many other foods because of the federal government shutdown, said F.D.A. Commissioner Scott Gottlieb on Wednesday.

The list of Chinese companies that can't pay back their loans is getting longer. “This is not over yet,” said an S&P Global specialist. “We are expecting defaults to rise.”

Determining how much very rich families would owe under Senator Warren’s tax plan would be devilishly difficult, the economist N. Gregory Mankiw says: One problem is that many kinds of wealth have no market valuation.

Even people from Wuhan without virus symptoms are being ostracized after learning their personal information was leaked online. 

The makeup artist Jackie Aina advocates for viewers with skin tones like her own — helping them navigate luxury cosmetics counters, drugstore aisles, subscription boxes and “a sea full of brands trying to capitalize off the ‘inclusivity movement’”

The government usually keeps a tight grip on what is said, seen and heard in China. But the sheer amount of criticism and the often clever ways critics dodge censors have made it difficult for Beijing to control the message.

This is language more typically used by presidents to refer to hostile foreign governments or terrorist groups.

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