Business and Financial News - The New York Times

Silicon Valley Lawyer, Gary Reback, Takes Antitrust Fight to Europe

By CONOR DOUGHERTY

Gary Reback, who persuaded the federal government to bring a case against Microsoft in the 1990s, is now pursuing a case against Google.

Elizabeth D. Herman for The New York Times

Gary Reback, once a Microsoft antagonist, now works on antitrust cases against Google.

Martin Winterkorn, who resigned last week, has said that he had no knowledge of the diesel software that was rigged to fool emissions tests.

German Prosecutors Investigating Winterkorn, Volkswagen’s Ex-C.E.O.

By JACK EWING

Audi also said more than two million of its cars were among the 11 million vehicles affected by the emissions cheating scandal.

As Volkswagen Pushed to Be No. 1, Ambitions Fueled a Scandal

One of a recent series of Volkswagen ads on YouTube featured three sisters debunking old wives’ tales about diesel cars.

VW’s Pitch to Americans Relied on Fun and Fantasy

By JAD MOUAWAD and SYDNEY EMBER

The disgraced German automaker’s commercials, long known for their humor, promised diesel cars that were fun, quiet, efficient and, critically, clean.

Complex Car Software Becomes the Weak Spot Under the Hood 6:04 AM

Jack Dorsey is the chief executive of Square and the interim leader of Twitter.

Momentum Grows for Jack Dorsey of Square to Also Run Twitter

By MIKE ISAAC and VINDU GOEL

There has been concern that he would be too distracted by Square, but some investors are now saying that he is the right man for the job — both of them.

Shell had some mishaps in Alaska, such as when its floating drill rig Kulluk, center, ran aground in 2012.

As Prices Drop, Oil Industry Retreats From Drilling Projects

By CLIFFORD KRAUSS and STANLEY REED

In one sign of the industrywide trend, Royal Dutch Shell has ended its expensive nine-year effort to explore for oil in the Alaskan Arctic.

Students using Google Expeditions, via a cardboard viewer and a smartphone, at Bronx Latin High School in New York.

Google Virtual-Reality System Aims to Enliven Education

By NATASHA SINGER

Expeditions, a field-trip simulation program, will be offered free to schools as Google works to further develop virtual-reality technology.

The scene at an Apple store in Beijing on Friday, where the new iPhone 6s and 6s Plus went on sale.

Apple iPhone 6s Breaks First-Weekend Sales Record

By KATIE BENNER

More than 13 million iPhone 6s and 6s Plus phones were sold, topping the 10 million iPhone 6 and 6 Plus devices sold in their first weekend last year.

Students at the Parsons School of Design in New York. Younger millennials spend around 91 hours a month in smartphone apps.

Brands Woo Millennials With a Wink, an Emoji or Whatever It Takes

By SYDNEY EMBER

Marketers are resorting to emojis, outrageous stunts and elaborate events to reach a demographic that has little tolerance for traditional advertising.

Workers assembling a Ford F-150 pickup truck made with Alcoa aluminum. Alcoa plans to split itself into two companies.

Alcoa to Split Into 2 Companies

By LESLIE PICKER

The company announced that it would separate its legacy commodity side from its newer businesses, which serve markets such as aerospace and automotive.

“Jane the Virgin,” a telenovela on the CW, was among the shows for which Netflix acquired global streaming rights.

In Quest for Global Presence, Netflix Acquires Rights to 3 More Shows

By EMILY STEEL

The streaming service plans to announce licensing deals for the CW telenovela “Jane the Virgin,” the CBS thriller “Zoo” and the USA drama “Colony.”

India Replaces China as Next Big Frontier for U.S. Tech Companies

By VINDU GOEL

With China’s president unwavering on tough Internet policies, Narendra Modi of India is sending a different message: Help India become an Internet powerhouse.

Narendra Modi, Prime Minister of India, Visits Silicon Valley 3:34 PM

Insight & Analysis

Sketch Guy

Dealing With an Investing Blind Spot

By CARL RICHARDS

The real tragedy of blind spots is that we’re often totally uncoachable when it comes to handling them.

Max Shulaker, a graduate student at Stanford, working in 2011 on a new kind of semiconductor circuit. As chips continue to shrink, computer scientists are seeking new technological breakthroughs.

Smaller, Faster, Cheaper, Over: The Future of Computer Chips

By JOHN MARKOFF

Fifty years after Gordon Moore made the galvanizing prediction known as Moore’s Law, growth in computing power is slowing.

The Upshot

Donald Trump at a news conference in New York at which he announced his tax plan.

Trump Plan Is Tax Cut for the Rich, Even Hedge Fund Managers

By JOSH BARRO

Donald Trump’s proposal does not live up to the populist rhetoric he has offered on taxes all summer.

The Upshot

Marco Rubio is the first Republican presidential candidate to detail a plan for paid leave.

Marco Rubio’s Plan for Paid Leave Does Not Require Paid Leave

By CLAIRE CAIN MILLER

The G.O.P. presidential candidate advocates tax incentives and gives companies the final say; Democratic candidates would make it a requirement.

The Upshot

How Patent Law Can Block Even Lifesaving Drugs

By AUSTIN FRAKT

Companies don’t want to spend money bringing to market a drug that might be effective but can’t be patented.

Richard Rainwater, right, with T. Boone Pickens in 1996.

Richard E. Rainwater, Billionaire Texas Dealmaker, Dies at 71

By CLIFFORD KRAUSS

Mr. Rainwater made lucrative deals in real estate, entertainment and oil and was a family friend to the Bushes who helped George W. Bush make a modest fortune.

The New York Daily News is “the voice of the working people, the heart of New York,” Michael Daly, a former columnist for the newspaper, said.

The Daily News Layoffs and Digital Shift May Signal the Tabloid Era’s End

By ALAN FEUER

To veteran media watchers, the layoffs mean that the recent attrition at newspapers across the country has finally arrived in force in the nation’s media capital.

Preoccupations

How Not to Be a Networking Leech: Tips for Seeking Professional Advice

By MARGARET MORFORD

If you want free career or business advice, show appreciation for the time that an industry professional gives you, and be prepared for your meeting.

Applied Science

To Get a Job in Your 50s, Maintain Friendships in Your 40s

By PHYLLIS KORKKI

People over 50 have more difficulty landing a job than their younger counterparts, but they can improve their chances by keeping a strong social network.