Business

Powerful Executives Have Stepped Away From the Saudis. Not SoftBank’s. Image Mohammed bin Salman, the crown prince of Saudi Arabia, shared the stage with the SoftBank founder Masayoshi Son at the Future Investment Initiative conference last year. Mr. Son has not said whether he will attend this year’s conference.CreditCreditFaisal Nasser/Reuters ...

Uber and Lyft Charge Toward Potential I.P.O.s Next Year Image A car with stickers for both Uber and Lyft. Uber is said to have received proposals from bankers saying it could be worth $ 120 billion in an initial public offering, and Lyft has picked JPMorgan Chase to lead its ...

Google Plus Will Be Shut Down After User Information Was Exposed Image Google announced the decision to shut down Google Plus on Monday.CreditCreditMark Lennihan/Associated Press By Daisuke Wakabayashi Oct. 8, 2018 Google said on Monday that it would shut down Google Plus, the company’s long-struggling answer to Facebook’s giant social ...

Pensions Get Bolder in Challenging Private Equity on Investments’ Human Cost Image A protest outside a New Jersey State Investment Council meeting last month in Trenton.CreditCreditBryan Anselm for The New York Times By Michael Corkery Oct. 8, 2018 Private equity firms and public pension funds have long had a symbiotic ...

Image The steel is shipped across the Baltic Sea and then across the Atlantic to American manufacturers, which have been among the Finnish company’s eager customers.CreditCreditJuho Kuva for The New York Times SectionsSkip to contentSkip to site index When Imported Steel Makes Sense, Despite Tariffs The Finnish steel manufacturer Outokumpu ...

China to Pump $ 175 Billion Into Its Economy as Slowdown and Trade War Loom Image Vegetables vendors in Nanning, Guangxi Zhuang Autonomous Region, China. Signs of deepening economic troubles have been showing in China for months.CreditCreditChina Network/Reuters By Alexandra Stevenson Oct. 7, 2018 HONG KONG — China is signaling ...

Where in the World Is Denmark’s $ 2 Billion? Image CreditCreditQuickhoney By David Segal Oct. 5, 2018 As large as it is, the building would be easy to miss. Plain, gray and near a McDonald’s, it’s part of a generic office complex surrounded by a vast parking lot in a ...

Ford, an Automaker at a Crossroads, Seeks Cuts and Partners Image An F-150 pickup truck on the assembly line at Ford’s Rouge complex in Dearborn, Mich. The automaker’s bottom line is weakening despite record sales of its pickups and sport utility vehicles.CreditCreditCarlos Osorio/Associated Press By Neal E. Boudette Oct. 5, ...

Rifts Break Open at Facebook Over Kavanaugh Hearing Image Joel Kaplan, Facebook’s vice president for global public policy, left, sat two rows behind Judge Brett M. Kavanaugh at his testimony in Congress last week. They are longtime friends.CreditCreditPool photo by Jim Bourg By Mike Isaac Oct. 4, 2018 SAN FRANCISCO ...

The New New World Private Businesses Built Modern China. Now the Government Is Pushing Back. Image Beijing’s permissiveness with private businesses has ebbed and flowed over the years, and some in China say that longstanding tension between authoritarianism and the free market has reached a critical point.CreditCreditGilles Sabrié for The ...