NYT > Business

Private Equity Is Stuck With 33,575 Unsold Businesses

Even amid a booming deal-making environment, private equity firms are unable to exit a growing number of investments at values their investors require.
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Can A.I. Get You Where You Want to Go for Less?

A wave of new services uses A.I. to monitor flights and hotel reservations to help you find lower prices. We look at how these tools work.
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Why Are So Many People Upset About Flock Cameras?

Flock Safety’s automated license plate-reading cameras, used by thousands of law enforcement agencies in the U.S., have drawn intense criticism from civil liberties groups.
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Taylor Farms Voluntarily Recalls Fresh Jalapeños Over Salmonella Concerns

The company said it was unaware of any reported illnesses linked to its products containing jalapeños, which were distributed to major retailers across 26 states.
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Oil Prices Climb on Stalemate in Strait of Hormuz

Hopes were dashed over the weekend for a breakthrough on shipping traffic through the critical waterway in the Persian Gulf.
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Flight Is Canceled After a Child Refuses to Be Seated

Passengers aboard a Porter Airlines plane headed to Toronto had to wait for a flight the next day after a child remained standing in a seat and would not get buckled in, the company said.
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Kalshi’s Tarek Mansour Isn’t Interested in Management Advice

Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T., aiming to provide a “mathematical, objective” view of the world.
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A Maine Town, Once Dependent on a Paper Mill, Tries to Move On

For over a century, Madison Paper Industries was a small Maine town’s economic engine. A new owner moved in, but uncertainty persists.
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MacKenzie Scott Steps Back Into Spotlight With New Book

She posted four pages of a manuscript on a newly started Substack newsletter on Saturday and said that the novel would be released serially throughout August.
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Think It’s Cool to Wear Fancy Sneakers to Work? You Might Be Old.

After years of office casual, young people are embracing loafers, derbies and oxfords.
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Medicare Advantage’s Perks Are Getting Scrutiny

Officials said no to health plans that wanted to expand extra benefits to cover medical marijuana, streaming services and shopping clubs. More changes are coming in 2027.
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How an N.F.L.-Backed Plan to Revitalize Canton, Ohio, Faltered

The “Hall of Fame Village” was pitched in 2014 as a boon to the city. But hundreds of millions were spent, the N.F.L. backed out, and the project is unfinished.
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Can Netflix Save a Summer Slump With a Stunt on Sunset Boulevard?

The streaming giant, still looking for this year’s blockbuster, paid an actor to spend three days inside a billboard in Los Angeles to promote an upcoming film.
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Canada Offers U.S. Concessions in Trade Talks but Demands a Comprehensive Deal

Prime Minister Mark Carney is attempting to prevent 50 percent tariffs against many Canadian goods scheduled for this month.
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Trump Restarts Battle to Fire Sitting Fed Governor Lisa Cook

The Trump administration, rebuffed by the Supreme Court in its first attempt to fire Lisa D. Cook, sent the Federal Reserve governor a letter saying it was “considering” removing her from the job.
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Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise

Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.
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If You’re Struggling to Pay Day-to-Day Bills, There’s Help

Nonprofit financial counselors say there has been a significant increase this year in the number of borrowers seeking their advice.
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The Bond Market Is Signaling Rising Risks. Investors Should Listen.

While the Fed didn’t raise rates, the bond market did. That means hardship for home buyers and higher hurdles for A.I. data centers and the stock market. But it’s also a boon for retirees.
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Jobs Report Poses New Test for Warsh and the Fed

Friday’s jobs report comes as investors increasingly expect the Federal Reserve to begin raising interest rates as soon as next month.
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Labor Market Shifts Into Reverse as Employers Balk at Hiring

A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.
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Pope Leo XIV Was Elected. The Chicago White Sox Were Resurrected.

The elevation of Pope Leo XIV, a Chicago native and lifelong supporter of the Sox, was a godsend for a team failing on the field and with fans.
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How to Plan an African Safari

From budgeting to timing your trip, here’s what to consider before you go.
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China’s Export Boom Rolls On Despite Trade Backlash

China’s factories are finding eager buyers abroad even as weak consumer spending and a prolonged property slump weigh on growth at home.
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FIFA Executives Were Given Ultimatum to Approve World Cup Privatization Plan

The day before the World Cup final, key FIFA figures faced a stunning demand to sign off on a multibillion-dollar privatization project.
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Amid Cyclospora Outbreak, Demand for Locally Grown Lettuce Surges

Small produce stands and farmers’ markets are seeing a surge in demand for leafy greens as sales of lettuce and salad kits from grocery chains and big retailers drop.
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Drought Threatens a Vital Economic Artery in the Heart of Europe

The Rhine conveys vessels and cargo that power European industry. Record low water levels are disrupting supply chains, adding costs and presenting fresh risks to growth.
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A Promising Heart Drug Fails, Challenging a Long-Held Theory of Disease

The drug targeted inflammation, and its shocking failure has experts questioning whether inflammation really does cause heart disease.
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China’s Unitree Prices IPO in Bet Investors Are Ready for Humanoid Robots

Unitree Robotics wants to raise about $900 million in an I.P.O. that tests market interest in humanoid robots, a technology that wows but has yet to prove its viability.
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The ‘Heated Rivalry’ Star Hudson Williams Uplifts a Canadian Tire Bag

After the actor Hudson Williams was photographed carrying a plaid reusable shopping bag, priced under $2, the tote has become a viral fashion accessory.
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What’s Behind the A.I. Shake-Up at Google

A new role for Demis Hassabis, the head of Google’s artificial intelligence unit, reflects reality at the tech giant. Investors remain worried.
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Follow the Markets and Track Stocks With These Free Apps

Google Finance and Apple’s Stocks app have added new features over the years to make them more useful for tracking the markets and your investments.
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Why So Many C.E.O.s Are Getting a Chief of Staff

The position as a trusted sounding board is in high demand as business gets more complex — and everyone wants to get in on the latest bureaucratic fad.
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F.D.A. Approves Moderna’s mRNA Flu Vaccine

The agency had initially refused to even review the application but reversed course after a public outcry.
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TikTok Lays Off 250 Employees in Office That Includes Content Moderation

TikTok did not give a detailed reason for the layoffs, which will shutter its Nashville office.
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Bessent Declares Widening Gap Between Rich and Poor ‘Dead’

Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
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Bunny Dolls and Disturbing Allegations: Max Miller’s Strange CNN Interview

In a 23-minute appearance with the anchor Jake Tapper, the Ohio Republican made an unusual effort to rebut a multitude of allegations that have threatened his re-election bid.
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Pilot Smuggled 55 Pounds of Ecstasy Into Indonesia, Officials Say

The pilot, identified only by his initials, also tested positive for ecstasy and cocaine when he was arrested last week at the Jakarta airport, the Indonesian police said.
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What the Stock Market’s Record Rally Has to Do With Rescuing the Yen

The wide impact of the U.S. intervention into the Japanese currency shows the extent to which global markets’ revolve around investments in artificial intelligence.
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Four Top Google A.I. Researchers Form New Start-Up

Jeff Dean, who for years was one of Google’s most important executives, is leading the new artificial intelligence company with the backing of Google.
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Climate Change Comes to Sesame Street

An episode this week focuses on the dangerous effects of warming, without mentioning climate change.
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How Malta Became a Tax Haven for Crocs and Other U.S. Companies

The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.
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How China’s A.I. Is Surging Across Africa

In African tech hubs, developers are picking China’s cheap, freely available artificial intelligence models over more powerful U.S. ones.
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The Winners of Trump’s A.I. Safety Plan

The Trump administration’s new safety review guidelines appear to exempt Chinese artificial intelligence models. OpenAI’s and Anthropic’s aren’t.
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The New York Times’s Revenue Rises 11% as Costs Increase

The company said it added 280,000 digital subscribers in the second quarter, fewer than the previous quarter.
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Disney Theme Parks Report Strong Results, While Comcast’s Universal Parks Dip

Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter.
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Disney+ Cracks Open the Door to TikTok Creator Videos

Disney said it would allow “thoughtfully curated” fan-created videos, using clips from its library, to appear on the streaming service.
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Wildfire Smoke and Airport Chaos: My Summer Vacation From Hell

Used to chronicling other people’s vacation disasters, a travel reporter faced the new normal on her own long-awaited family trip.
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Chipotle Removes Jalapeños Linked to Salmonella Outbreak From Its Restaurants

The Minnesota Department of Health said it had identified 110 salmonella cases in this outbreak, and the F.D.A. is also investigating.
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Appeals Court Says E.P.A. Cannot Block Billions in Climate Grants

The funds have been frozen since early in President Trump’s second term.
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Judge Sets Paramount-Warner Bros. Merger Trial for March

Paramount, which struck a $111 billion deal to acquire Warner Bros., had requested a November trial for an antitrust lawsuit brought by state attorneys general.
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