Shyftr Shyftr

Tuesday, August 4, 2015

New York Times Business

Industrialist Heir to the Fiat Dynasty Charts His Course

Yesterday
John Elkann clinches his biggest deal yet with the $6.9 billion acquisition of the insurer PartnerRe. by MICHAEL J. de la MERCED

Vincent Marotta Sr., a Creator of Mr. Coffee, Dies at 91

Yesterday
Vincent Marotta Sr., who once played both football and baseball professionally, created a coffee maker that knocked the percolator from its perch. by MARGALIT FOX

Securities Fraud Charges Bring Texas Attorney General, Ken Paxton, to County Jail

Yesterday
Ken Paxton, who was elected in November, was booked in a case stemming from accusations that he misled investors and clients while doing securities work in the years before he became the state’s top lawyer. by MANNY FERNANDEZ

The Appraisal: Garbage Collection, Without the Noise or the Smell

Yesterday
With a pneumatic tube system on Roosevelt Island, there are no big trucks or smelly piles on the streets. Once residents dump their trash down chutes, a vacuum pulls it through underground tubes. by MATT A.V. CHABAN

Trans-Pacific Partnership Session Ends With Heels Dug In

Yesterday
Disagreements over multiple issues ranging from dairy to automobiles are hampering final negotiations over the multinational trade pact. by JONATHAN WEISMAN

Business Briefing: A.I.G. Reports Jump in Profit, Lifted by Chinese Investment

Yesterday
American International Group reported a 5.6 percent increase in quarterly operating profit, driven in part by investments in a big Chinese insurer. by THE ASSOCIATED PRESS

Business Briefing: Fiat Chrysler Issues Recall of 2011-2014 Dodge Chargers

Yesterday
Fiat Chrysler said that it would recall about 322,000 Dodge Charger sedans because their side airbags could deploy when car doors are slammed. by THE ASSOCIATED PRESS

Bodegas Declining in Manhattan as Rents Rise and Chains Grow

Yesterday
The corner stores that are a ubiquitous part of life in the city are struggling to survive, especially in Upper Manhattan. by TATIANA SCHLOSSBERG

Pimco May Face S.E.C. Action Over a Fund

Yesterday
The asset manager said it had received a Wells notice from the regulator over potential trading infractions concerning an exchange-traded fund in 2012. by MATTHEW GOLDSTEIN

Bits Blog: What Yahoo Paid for Polyvore: More Than $200 Million

Yesterday
Yahoo disclosed last week that it was buying Polyvore, an online shopping and style site. The deal came at a considerable price. by MIKE ISAAC

Germans Criticize Government’s Investigation of Journalists for Treason

Yesterday
An inquiry by Germany’s federal prosecutor of two bloggers who published documents revealing government plans to expand surveillance has been met with resistance. by MELISSA EDDY

F.A.Q. About Puerto Rico’s Debt Troubles

Yesterday
Puerto Rico, like Greece, is experiencing problems with debt, but the island’s relationship to the United States makes its situation very different. by MICHAEL CORKERY

Puerto Rico Decides to Skip Bond Payment

Yesterday
The Government Development Bank for Puerto Rico did not make a $58 million bond payment, saying it lacked the funds to meet the amount due. by MARY WILLIAMS WALSH

Obama Unveils Plan to Sharply Limit Greenhouse Gas Emissions

Yesterday
The new rules, which President Obama called imperative, include a goal to cut emissions by 32 percent by 2030, a stricter target than was previously proposed. by JULIE HIRSCHFELD DAVIS

If You Were the Boss, Would You Raise the Minimum Salary to $70,000?

Yesterday
Dan Price drew wide praise and intense criticism for his plan to raise the minimum salary at his company to $70,000. How would you compensate your employees? by PATRICIA COHEN

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