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Edition: U.S. / Global

Business Day

Thursday, July 21, 2016

Federal prosecutors charge the bankers with engaging in a front-running scheme related to a foreign exchange transaction in 2011.

Mark Johnson, center, following his arraignment, with his attorney, Frank Wohl, on Wednesday.
Louis Lanzano for The New York Times

Mark Johnson, center, following his arraignment, with his attorney, Frank Wohl, on Wednesday.

Internal Inquiry Sealed the Fate of Roger Ailes at Fox

Lawyers hired by 21st Century Fox took statements from at least six other women who described inappropriate behavior by Roger Ailes, two people briefed on the inquiry said.

Roger Ailes’s Exit Is Unlikely to Erode the Fox News Citadel

Fox News has been rocked by its chairman’s planned departure. But Mr. Ailes leaves the network in strong shape, with high ratings and huge profits.

C.E.O.s Meet in Secret Over the Sorry State of Public Companies

In a series of meetings, titans of business and finance grappled with what they see as a problem of too much money going and staying private.

For Volkswagen Chief, Toll of the Emissions Scandal Rises

Lawsuits filed in the United States put the credibility of VW managers, including Matthias Müller, its leader, in the cross hairs.

Airbnb Hires Ex-Attorney General Eric Holder to Advise on Anti-Bias Policy

Mr. Holder will help create an anti-discrimination policy for Airbnb, whose hosts have been accused of excluding blacks and transgender people.

Hedge Funds Sue Puerto Rico’s Governor, Claiming Money Grab

In a lawsuit, a group of funds that hold the island’s bonds said Gov. Alejandro García Padilla was spending public money in violation of a new federal law.

Court Halts U.S. Seizure of New York Building Linked to Iran

A federal appeals panel ordered further proceedings in a case that could let relatives of terrorist victims collect proceeds from the property’s sale.

Failure of 2 Health Insurer Mergers Is Unlikely to Stop the Efforts

The Justice Department is expected to block two mergers among the nation’s largest health insurers, but experts say that growth through partnerships will probably continue.

U.S. Targets $1 Billion in Assets in Malaysian Embezzlement Case

The Justice Department is seeking to seize more than $1 billion in assets bought with money that it believes was stolen from 1MDB, a Malaysian sovereign wealth fund.

Anheuser-Busch InBev Merger With SABMiller Wins U.S. Antitrust Approval

The Justice Department set few conditions for Anheuser-Busch InBev’s $106 billion proposed takeover of SABMiller, a merger of the world’s largest brewers.

Pimco Hires Emmanuel Roman, Man Group’s Chief Executive, for Top Post

Mr. Roman will take over at the bond giant on Nov. 1 as the California-based fund looks to turn around its fortunes.

Goldman Leads $10 Million Financing Round for CargoX of Brazil

The start-up plans to use mobile technology to make Brazil’s trucking industry more efficient.

Generic Crestor Wins Approval, Dealing a Blow to AstraZeneca

The F.D.A. allowed eight generics of the cholesterol-lowering pill to go on the market, a move that should considerably decrease its price.

Insight & Analysis
State of the Art

Peter Thiel’s Embrace of Trump Has Silicon Valley Squirming

A speech by the billionaire co-founder of PayPal at the Republican convention could spoil a delicate but growing relationship between tech and the G.O.P.

Being Batman at Comic-Con, Virtual Cape and Cowl Provided

At the annual convention, media companies are promoting their movies and television shows with virtual reality.

Tech Fix

What’s the Right Age for a Child to Get a Smartphone?

As more children get phones at 10 and younger, parents face the question of when to allow unfettered access to the internet and all its benefits and perils.

Nations of the World Confront the Pokémon Menace

As the popular augmented-reality smartphone game expanded to 26 countries, authorities responded with alarm, bans, charges of espionage and at least one fatwa.

Economic Scene

How Renewable Energy Is Blowing Climate Change Efforts Off Course

Solar and wind produce temporary power gluts that drive out other sources that are needed to maintain stable supplies. Worse, they are helping push nuclear power into bankruptcy.

Strategies

G.O.P. Joins Democrats Urging Glass-Steagall’s Revival. (Don’t Hold Your Breath.)

Platform writers in both parties call for reviving Glass-Steagall to curb Wall Street. But the agreement is narrow and shallow.

Entrepreneurship

A New Wrinkle in the Gig Economy: Workers Get Most of the Money

Stocksy, an online photo stock site, is an example of start-ups that aim to treat their professionals as owners rather than as freelance labor.

Deal Professor

Theresa May’s Vision of a Radical British Conservatism

In a speech just before she became Britain’s prime minister, she called for more protectionism, a greater say for workers and limits on C.E.O. pay.

App Smart

Feed Your Olympic Addiction Without Jetting Off to Rio

Follow the Olympic torch, read the history of the Games and catch up on results on a number of apps, some official and some from sports outlets.

Tech Tip

Finding the Right Microsoft Office

Microsoft Office has been around for more than 25 years, and today there are several ways to get the software — including free.

Square Feet

Too Nice a Day to Stay in the Office? Then Don’t.

Developers are taking on the challenge of squeezing terraces into office space so workers can relax outdoors.

Special Section

Mutual Funds & E.T.F.s

A section on how funds performed in the second quarter of the year — and on where they may be heading.

From the Magazine
On Technology

Can Silicon Valley Really Do Anything to Stop Police Violence?

Tech companies love to hitch themselves to progressive causes, even if they’re beyond the industry’s grasp.

Editors’ Picks
Bottom Line Nation

Private Equity’s Rising Power in State Capitols

Firms have quietly maneuvered at the local and state level to smooth the way for growth and revenue.

Inside the Self-Driving Tesla Fatal Accident

After a man in a Tesla was killed in the first fatality involving a self-driving car, questions have arisen about the car’s technology.

When Cities Reject Growth, Equality Suffers

A growing body of research suggests that local efforts to “maintain neighborhood character” contribute to segregation and cause stagnation.

  • All Sources
  • The New York Times

Latest News

4:33 AM ET
UK Retail Sales Suffer Biggest Fall in Six Months, No EU Effect Reported
4:30 AM ET
Japan Warns on Pokemon GO Safety as Impatient Gamers Await Launch
4:18 AM ET
Swiss Private Bank Falcon Says Cooperating With Singapore in 1MDB Probe
4:06 AM ET
Britvic Warns of Impact From Sterling Weakness
4:03 AM ET
Unilever Profits Rise 2 Percent in First Half of 2016
4:00 AM ET
Swiss Watchdog Suspects Lax Bank Controls Related to 1MDB
3:45 AM ET
ECB Facing Gathering Storm Clouds but Will Hold Fire for Now
3:39 AM ET
Silicon Valley's Yahoo Diaspora Mourns Company's Decline
3:33 AM ET
U.S. Sues to Seize $1 Billion in Assets Tied to Malaysian State Fund
3:33 AM ET
Swiss Prosecutors Help American Authorities in 1MDB Corruption Probe
3:33 AM ET
Softbank, Honda: Sit Back, Relax, Let the Car Do the Talking
3:18 AM ET
AB InBev, SABMiller Deal Wins U.S. Approval, Adds Craft Beer Protections
3:15 AM ET
Japan's Komatsu to Buy U.S. Mining Equipment Maker Joy Global for $2.9 Billion
3:15 AM ET
Vanke Seals Deal With Blackstone, Chips in $583 Million
3:03 AM ET
Malaysia's Mahathir Calls for a Referendum on PM Amid 1MDB Scandal
3:00 AM ET
SABMiller Sales Hurt by Economic Volatility in Africa
2:42 AM ET
Intermediate Capital First-Quarter AUM Rises 1 Percent, Warns on Brexit Investment
2:39 AM ET
AO World Says Expectations Intact Despite Brexit Vote
2:27 AM ET
SSE Loses More Customers in Cut-Throat UK Energy Market
2:24 AM ET
William Hill Fires CEO Henderson for Not Delivering Online
12:01 PM ET
C.E.O.s Meet in Secret Over the Sorry State of Public Companies
10:05 PM ET
Internal Inquiry Sealed the Fate of Roger Ailes at Fox
8:34 PM ET
Roger Ailes’s Exit Is Unlikely to Erode the Fox News Citadel
8:24 PM ET
This Article Was Published in Error
7:40 PM ET
Court Halts U.S. Seizure of New York Building Linked to Iran
7:09 PM ET
How Traders Use Front-Running to Profit From Client Orders

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From Sunday Business

When Yahoo Ruled the Valley: Stories of the Original ‘Surfers’

As Yahoo puts itself on the auction block, some of its first employees revisit their youth spent building a company that defined the early web.

Donald Trump the Political Showman, Born on ‘The Apprentice’

On the reality show that Donald Trump began hosting in 2004, he displayed the showmanship and other traits that have come to define his 2016 presidential campaign.

Fair Game

A Bank Too Big to Jail

A House committee’s report details how regulators and prosecutors turned a potential criminal prosecution of HSBC into a watered-down settlement.

DCSIMG