Friday, July 31, 2015

Mark Karpeles, Chief of Bankrupt Bitcoin Exchange, Is Arrested in Tokyo by JONATHAN SOBLE


By JONATHAN SOBLE

The police said they believed Mr. Karpeles had manipulated transaction records on a computer system that Mt. Gox used to swap Bitcoins for dollars.

Published: August 2, 2015 at 12:00AM

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Cosmopolitan Magazine Covers to Be Shielded by 2 Retailers by HIROKO TABUCHI


By HIROKO TABUCHI

Rite Aid and Food Lion plan to shield the content on the covers from minors, in response to a campaign by the National Center on Sexual Exploitation.

Published: August 1, 2015 at 12:00AM

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Jerome Kohlberg Jr., 90, a Pioneer of the Private Equity Industry, Dies by MICHAEL J. de la MERCED


By MICHAEL J. de la MERCED

Mr. Kohlberg, who founded K.K.R., shunned hard-edged tactics, focusing on smaller, friendly deals.

Published: August 1, 2015 at 12:00AM

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Skeptical of FedEx Deal, European Regulators Start Inquiry by CHAD BRAY


By CHAD BRAY

The regulators on Friday opened an investigation into the impact on competition of FedEx’s $4.8 billion deal to acquire TNT Express in the European delivery market.

Published: August 1, 2015 at 12:00AM

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Russian Central Bank Cuts a Key Interest Rate by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

The bank cut the rate by 0.5 percentage points to 11 percent on Friday, bowing to pressure from businesses to make lending more accessible.

Published: August 1, 2015 at 12:00AM

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Robust Jetliner Business Buoys Earnings for Airbus by REUTERS


By REUTERS

Quarterly operating profit before one-off items jumped 15 percent to 1.23 billion euros.

Published: August 1, 2015 at 12:00AM

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Greek Markets Set to Reopen, With an Asterisk by REUTERS


By REUTERS

Local investors will be allowed to buy shares with existing cash holdings, but not to withdraw money from Greek bank accounts to buy shares.

Published: August 1, 2015 at 12:00AM

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Music Artists Take On the Business, Calling for Change by BEN SISARIO


By BEN SISARIO

As their attitudes toward the online economy shift, more artists are speaking out for an overhaul of the industry and how they are compensated.

Published: August 1, 2015 at 12:00AM

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FedEx-TNT Express Deal to Be Investigated in Europe by CHAD BRAY


By CHAD BRAY

The European Commission said it had concerns that the $4.8 billion merger could decrease competition and lead to higher prices for consumers.

Published: August 1, 2015 at 12:00AM

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In Delta’s Frequent-Flier Magic Trick, Not Just Rabbits Disappear


By RON LIEBER from NYT Your Money http://ift.tt/1KEG4w2

Supreme Court Review Could Redefine Insider Trading by PETER J. HENNING


By PETER J. HENNING

The Justice Department has asked the court to review a decision to overturn two insider trading convictions, but it might not like the answer it gets.

Published: August 1, 2015 at 12:00AM

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Details Revealed in Relativity’s Bankruptcy Case by MICHAEL CIEPLY


By MICHAEL CIEPLY

In a Bankruptcy Court papers, Brian Kushner, the chief restructuring officer for Relativity, listed the secured debt that pushed the company toward the voluntary filing.

Published: August 1, 2015 at 12:00AM

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Perdue and the Race to End Antibiotic Use in Chickens by STEPHANIE STROM


By STEPHANIE STROM

More than half of the chicken it sells can be labeled “no antibiotics ever,” a first for a major poultry company.

Published: August 1, 2015 at 12:00AM

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Into the Family Business at Perdue by STEPHANIE STROM


By STEPHANIE STROM

“We now have four of what we call G4s in the business” — members of the family’s fourth generation, Jim Perdue said, and they spent time in other companies.

Published: August 1, 2015 at 12:00AM

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Labor Costs Rise at Slowest Pace in 33 Years by REUTERS


By REUTERS

The employment cost index, the broadest measure of labor costs, edged up 0.2 percent in the second quarter, the Labor Department said on Friday.

Published: August 1, 2015 at 12:00AM

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Struggling to Disconnect From Our Digital Lives by TONY SCHWARTZ


By TONY SCHWARTZ

The more time we spend swimming in digital waters, the shallower our cognitive capacity becomes and the less control we have of our attention.

Published: August 1, 2015 at 12:00AM

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A Company Copes With Backlash Against the Raise That Roared by PATRICIA COHEN


By PATRICIA COHEN

When Dan Price announced he was setting a minimum salary of $70,000 for his 120 employees, he didn’t foresee the turmoil it would cause for his business.

Published: August 2, 2015 at 12:00AM

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Love Letters to the Gravity Boss by JESSEY DEARING and ERICA BERENSTEIN


By JESSEY DEARING and ERICA BERENSTEIN

Dan Price, chief of Gravity Payments, raised the annual salary floor for his employees to $70,000. Most responses were positive, but Mr. Price says that even the negative letters were valuable..

Published: July 31, 2015 at 12:00AM

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Designer Alexander Wang to Leave Balenciaga by VANESSA FRIEDMAN


By VANESSA FRIEDMAN

He will concentrate on his namesake brand, which Mr. Wang maintained during his time at Balenciaga. A search has begun for his successor in France.

Published: August 1, 2015 at 12:00AM

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Exxon Mobil and Chevron Report Worst Quarterly Results of Current Decade by CLIFFORD KRAUSS


By CLIFFORD KRAUSS

Declining oil and natural gas prices contributed to the companies’ disappointing second-quarter results.

Published: August 1, 2015 at 12:00AM

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Exxon Mobil and Chevron Report Worst Quarterly Results of Current Decade by CLIFFORD KRAUSS


By CLIFFORD KRAUSS

Declining oil and natural gas prices contributed to the companies’ disappointing second-quarter results.

Published: August 1, 2015 at 12:00AM

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Modern Families and Modern Money Worries


By PAUL SULLIVAN from NYT Your Money http://ift.tt/1gtGw3D

Stolen Consumer Data Is a Smaller Problem Than It Seems by NATHANIEL POPPER


By NATHANIEL POPPER

It can easily feel as if no one’s bank account or credit card is safe. But for consumers, the effect is quite different from what the headlines suggest.

Published: August 2, 2015 at 12:00AM

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Wall St. Drifts in Early Trading by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

Shares of Expedia jumped after the online travel company reported solid second-quarter earnings.

Published: August 1, 2015 at 12:00AM

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UPS to Buy Coyote Logistics for $1.8 Billion by MICHAEL J. de la MERCED


By MICHAEL J. de la MERCED

The acquisition is intended to help bolster UPS’s presence in the freight brokerage business.

Published: August 1, 2015 at 12:00AM

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Health Clubs and Resorts Catch On With Older Adults


By ABBY ELLIN from NYT Your Money http://ift.tt/1Uc2Xc3

Trade Negotiators Reach Environmental Accord by JONATHAN WEISMAN


By JONATHAN WEISMAN

The deal between the United States and 11 other Pacific nations will provide protections for some of the most threatened ecosystems on earth.

Published: August 1, 2015 at 12:00AM

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