NYT > Business

What Is the White House Press Pool, and Why Did It Suspend TV Coverage of Trump?

By barring CNN, the White House has thrown a staple of TV news coverage into disarray.
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Wall Street Is Growing Skeptical of the Data Center Boom

Several companies tied to the data center industry have delayed their initial public offerings amid the increasing public backlash to these energy guzzling facilities.
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Paramount to Settle States’ Lawsuit, Clearing Way for Warner Bros. Merger

By resolving a lawsuit filed by a group of states, the media mogul David Ellison removed the last major hurdle he faced in buying Warner Bros. Discovery.
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Trump and Xi Meet Amid an Uneasy U.S.-China Trade Truce

Beyond warm meetings between their leaders, the countries are engaging in tit-for-tat measures that call into question the stability of their arrangement.
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Here’s the latest.


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Bessent and China Hail Progress on A.I. Talks. Now Comes the Hard Part.

Artificial intelligence and more are expected to be big issues at this week’s summit between President Trump and Xi Jinping, China’s top leader.
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CNN, MS NOW and Politico to Sue Trump Administration Over White House Access

In a joint statement, CNN, MS NOW and Politico argued that President Trump’s decision to bar them from the White House grounds violates their First Amendment rights.
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Networks Suspend Pool Coverage of Trump After White House Bars CNN

The move was an escalation of President Trump’s showdown with the White House press corps after he moved to bar journalists from CNN, MS NOW and Politico.
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Mailboxes at Rebuilt Hawaii Homes Sit Empty After Lahaina Wildfire

Survivors of a 2023 Hawaii wildfire on Maui are returning to their Lahaina neighborhoods but the mail isn’t coming.
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China Promised to Buy More U.S. Farm Goods. It Hasn’t Happened.

Soybeans are the notable exception, revealing Beijing’s selective approach to fulfilling trade commitments ahead of the summit between President Trump and Xi Jinping.
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The A.I. Party House Where Networking Has a Dark Side

Group tech houses have proliferated across the San Francisco Bay Area in the artificial intelligence boom. One of the most prominent has also racked up an extensive police record.
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Young Consultants Are Jumping Ship for A.I. Start-Ups

Beckoned by the glamour of the start-up space, the industry’s college recruits are joining A.I. companies able to outmatch their consulting salaries.
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What’s a Classic Car? Younger Collectors Prize Less Heralded Models.

Baby boomers embraced brawny cars from the 1950s and ’60s, but as new collectors take up the hobby, Mazdas and Nissans from the 1980s and ’90s are hot, and still don’t break the bank.
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U.S. and China Discuss System to Warn of A.I. National Security Issues

In a meeting on Sunday, the U.S. Treasury secretary and China’s vice premier talked about having a shared vision on the goals of artificial intelligence and the threats it poses.
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5 Takeaways From Ari Emanuel’s Memoir

“Roll the Calls,” the new book by the Hollywood mogul, is an entertaining and expletive-filled read that surprisingly pulls some punches.
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In China, A.I. Is Moving Forward While the Economy Lags Behind

As Xi Jinping arrives in the United States this week for a state visit, China’s advances in artificial intelligence will be in the air. Less discussed: China’s economy in its worst shape in decades.
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Rivian C.E.O. RJ Scaringe Has Some Ideas for How to Make More Cars in America

RJ Scaringe thinks it will take robots, tariffs and diplomacy to maintain a manufacturing base in the United States.
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What to Do If You’re Laid Off and Too Young for Medicare

At best, older workers will struggle to find health insurance that bridges the years before they qualify for Medicare at age 65.
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Mistakes? We’ve Made a Few

For most of its life, The New York Times has tried to correct its errors. These efforts have not always been perfect.
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As the Rich Buy Bigger Boats, Private Equity Is Investing in the Booming Marina Business

The private equity firm Blackstone now owns more marinas than anyone in the world.
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California Cracks Down on Influencers’ Undisclosed Political Ads

Under a new law, creators could face fines of $5,000 per post if they don’t disclose that they were paid to make political content.
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Converse Removes Ad That Drew Comparisons to K.K.K. Imagery

“This should not have happened and we will do better,” said Converse, which apologized for the ad. Critics said it depicted a Ku Klux Klan robe and a lynching.
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Here’s the latest.

The prohibition on certain journalists was a major escalation in President Trump’s war on the media, and will probably face a legal challenge.
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India Is Again Squeezed Between the Threat of Trump Tariffs and Russian Oil

India is trying to secure affordable energy while preserving a crucial relationship with Washington, a balancing act made harder by turmoil in global energy markets.
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CNN, MS NOW and Politico Barred From White House After Trump’s Ban

The prohibition on certain journalists was a major escalation in President Trump’s war on the media, and will probably face a legal challenge.
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10 Ways to Explain Why Interest Rates Are So High

If you can’t pin down why something’s happening, you don’t have much hope of fixing it.
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A Borrower’s Timeline of the Public Service Loan Forgiveness Quagmire

One county lawyer’s repayment saga stretches nearly 20 years, though she’s tried 22 times over the past 20 months to erase her debt.
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At DraftKings, AI Targets the Gamblers Likeliest to Lose

Data science helps determine who receives betting incentives, but the company has resisted using similar technology to protect gamblers at risk of addiction.
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Paramount Weighs Some Concessions in Bid to Finalize Warner Bros. Merger

Seeking to settle a lawsuit with 12 states, Paramount has discussed measures to protect the editorial independence of CNN and the divestiture of Comedy Central.
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Trump Promotes Program to Reduce Medicaid Drug Prices

Ahead of the midterm elections, the president said that all states had opted in to an effort to align Medicaid’s prices for medicines with those in other wealthy countries.
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Anthropic Pursues IPO Despite Its A.I. Safety Warnings

The company is expected to reach $100 billion in annualized revenue this year, even as chief executive Dario Amodei calls for slowing down development of some advanced A.I. models.
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Trump Says He Has Banned CNN, MS NOW and Politico From White House

The president cited reporting from the outlets that he deemed “fake news.” It was unclear how such a ban would be enforced or defended in court.
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Uber to Pay $40 Million to Parents of Woman Fatally Hit by Car

Emily Normandin-Parker, 23, was struck and killed on a California freeway after an Uber driver ordered her and a friend out of his car in August 2023.
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S.E.C. Seeks to End Shareholder Proposals Process Commonly Used by Activists

Activists have often used the rule to push for changes in companies’ governance and environmental and social policies.
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Disney Hires Its First CTO Amid Industry Push to Embrace A.I.

Karandeep Anand, an expert in building artificial intelligence and consumer technology products, will become Disney’s first chief technology officer.
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Who Is Howard Buffett, the New Berkshire Hathaway Chairman?

Mr. Buffett, 71, is succeeding his father, Warren, but will not be running the company’s day-to-day operations.
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What Set Off the Rise in Interest Rates? Mainly, the Iran War.

The Federal Reserve is trying to catch up with the leap in bond rates as the Middle East conflict unnerves world markets.
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Use of GLP-1s Like Ozempic Is Forcing Food Companies to Adapt

People on medications for weight loss are buying less food, shrinking their portion sizes and purchasing smaller clothes. Businesses are trying to adjust.
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Kremlin Moves to Seize Control of Nestlé’s Russia Operations

The Swiss maker of KitKats and Nescafé said it was assessing the situation after the Kremlin issued a presidential decree.
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Amodei, Anthropic’s Leader, Exposed A.I.’s Dangers. It’s Time to Act.

The Times columnist Kevin Roose sees reasons for optimism — and worry — as the world wakes up to what Silicon Valley has been talking about for years.
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More U.S. Households Are Struggling Financially, Analysis Finds

Inflation and a pullback in government assistance have resulted in more people having trouble paying their bills, a nonprofit found in its annual report.
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The A.I. Industry’s New Worry: ‘Liability Exposure’

The prospect of artificial intelligence tools being used to do significant harm presents the companies and their leaders with a legal challenge.
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Native American Tribe Teams Up With Kalshi on New Prediction Market

The Tunica-Biloxi of Louisiana plan to release a platform that uses infrastructure by Kalshi, the industry leader. Other tribes have taken aim at the company.
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Warren Buffett Steps Down as Berkshire Hathaway Chairman

“Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.
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Belmont Park Got a $550 Million Makeover. Will Fans Show Up?

The 300,000-square-foot so-called entertainment zone has scaled down capacity for horse race spectators, but added spaces for concerts and other performances.
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Why Europe Really, Really Needs a Mild Winter

The economy has been resilient despite higher prices stemming from the war in the Middle East, but that could change quickly if cold weather forces countries to tap depleted gas reserves.
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The Working Class Face a ‘Class Ceiling’ in Elite Occupations

Being female or a person of color has long been seen as a disadvantage in hiring and promotion. A new study of college professors shows that class may loom as large.
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These European Cities Say They Have Too Many Tourists. Why Are Their Airports Expanding?

Airport expansions in places like Venice, Barcelona and the Spanish island of Mallorca can undermine local efforts to restrain overtourism, and can even enable more tourists to come.
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Why the Iran War Will Make Heating Oil More Expensive for Some This Winter

The cost of heating oil, which is similar to diesel and used extensively in Northeastern states, has climbed sharply because of the war in Iran.
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