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NYT > Business DayNYT > Business DayJobs Report: Hiring Slowed in August, as U.S. Added 156,000 PositionsRepublicans Want to Sideline This Regulator. But It May Be Too Popular.Fair Game: Wells Fargo’s Testimony Left Some Feeling ShortchangedLattice to Seek Trump’s Approval for Chinese-Backed BuyoutWheels: Storm Has Car Dealers Doing Swift Business, if They Can OpenStorm’s Impact on Oil Industry Is Felt at Gasoline PumpsCar Owners Inundate Insurers With Claims After Hurricane HarveyNafta Negotiations: What’s at Stake in the Second RoundCommon Sense: For Tax Reform Lessons, Congress Needn’t Look FarWealth Matters: When Office Meetings Leave the Office BehindCorner Office: Jason Fried of Basecamp on the Importance of Writing SkillsVocations: Bringing Information Technology to Construction Job SitesThe Workologist: When Colleagues Won’t Stop Talking PoliticsThe Power Plants That May Save a Park, and Aid a CountryJobs Report: The August Jobs Numbers Are Weak. Don’t Blame Trump.Michael Dell, Tech Billionaire, Pledges $36 Million in Harvey ReliefMorning Agenda: The Next Big Battle for Business is ImmigrationTest Run: Looking for a London Vacation Rental? We Tried the Plum GuideFor 18 Hours, 3 Men in Houston Fought for Survival in Hurricane HarveyVillage Voice Lays Off 13 of 17 Union EmployeesMnuchin Doesn’t Endorse Placing Harriet Tubman on the New $20 BillSyd Silverman, 85, Who Kept Variety Boffo for 30 Years, Is DeadBreakingviews: As Wells Fargo Scandal Expands, a C.E.O. Is Exposed

https://www.nytimes.com/pages/business/index.html?partner=rss&emc=rss en-us Copyright 2017 The New York Times Company Fri, 01 Sep 2017 14:35:11 GMT https://static01.nyt.com/images/misc/NYT_logo_rss_250x40.png https://www.nytimes.com/pages/business/index.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/business/economy/jobs-report-unemployment.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/business/economy/jobs-report-unemployment.html Mack Truck employs about 1,800 people in the Pennsylvania’s Lehigh Valley as demand for new trucks has rebounded. Jessica Kourkounis for The New York Times Government employment data released Friday, which also showed the jobless rate ticking up to 4.4 percent, fell short of analysts’ expectations. NELSON D. SCHWARTZ Fri, 01 Sep 2017 14:28:06 GMT Labor and Jobs United States Economy Wages and Salaries Labor Department (US) https://www.nytimes.com/2017/08/31/business/consumer-financial-protection-bureau.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/business/consumer-financial-protection-bureau.html Richard Cordray, the Democrat who heads the Consumer Financial Protection Bureau, has been the subject of Republican criticism since President Barack Obama appointed him in 2012. Andrew Mangum for The New York Times The Consumer Financial Protection Bureau has collected nearly $12 billion for 29 million consumers in refunds and canceled debts. Will it be defanged? STEVE EDER, JESSICA SILVER-GREENBERG and STACY COWLEY Fri, 01 Sep 2017 00:47:37 GMT Consumer Financial Protection Bureau Cordray, Richard Regulation and Deregulation of Industry Banking and Financial Institutions Consumer Protection Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) Hensarling, Jeb Trump, Donald J United States Politics and Government House of Representatives Senate Republican Party https://www.nytimes.com/2017/08/31/business/wells-fargo-testimony.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/business/wells-fargo-testimony.html John G. Stumpf, then Wells Fargo’s chief executive and chairman, testifying last September before the Senate Banking Committee. Gabriella Demczuk for The New York Times The bank told Congress last year that it had fully disclosed misconduct. But later reports indicate it knew more, prompting a call for new hearings. GRETCHEN MORGENSON Fri, 01 Sep 2017 14:29:12 GMT Banking and Financial Institutions Wells Fargo & Company United States Politics and Government Frauds and Swindling Ethics and Official Misconduct Customer Relations Automobile Insurance and Liability House Financial Services Committee Senate Committee on Banking https://www.nytimes.com/2017/09/01/business/dealbook/lattice-deal-trump-approval-cfius.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/business/dealbook/lattice-deal-trump-approval-cfius.html The move by the semiconductor maker follows resistance to the deal from the Committee on Foreign Investment in the United States. MICHAEL J. de la MERCED Fri, 01 Sep 2017 14:26:00 GMT Lattice Semiconductor Corporation Committee on Foreign Investment in the United States (CFIUS) Canyon Bridge Trump, Donald J China Mergers, Acquisitions and Divestitures United States International Relations https://www.nytimes.com/2017/08/31/automobiles/wheels/storm-car-dealers.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/automobiles/wheels/storm-car-dealers.html Cary Wilson said his four dealerships, with a combined inventory of more than 2,200 new vehicles, had only perhaps 30 that were too damaged to sell. “It could have been much worse,” he said. Todd Spoth for The New York Times More than a half-million vehicles may need to be replaced following the vast flooding from Harvey — a number that could surpass the effects of Sandy and Katrina combined. NEAL E. BOUDETTE Thu, 31 Aug 2017 23:54:56 GMT Hurricane Harvey (2017) Automobiles Houston (Tex) Floods https://www.nytimes.com/2017/08/31/business/energy-environment/storm-oil-industry.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/business/energy-environment/storm-oil-industry.html Howard Jeffers filling up gasoline canisters at a station outside San Antonio on Wednesday. He and his wife were on their way home to Aransas Pass, Tex., near Corpus Christi, to check on damage after they had fled during Hurricane Harvey. Christopher Lee for The New York Times Fuel prices are up sharply nationwide in Hurricane Harvey’s aftermath, and may be so for months, given the blows to refining, production and shipping. CLIFFORD KRAUSS Fri, 01 Sep 2017 00:16:51 GMT Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Pipelines Hurricane Harvey (2017) Texas Shortages https://www.nytimes.com/2017/08/31/business/car-insurance-storm.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/business/car-insurance-storm.html A submerged car in Houston this week. Insurers said they expected hundreds of thousands of claims. Edmund D. Fountain for The New York Times Losses on hundreds of thousands of autos will put a burden on underwriters in Texas, particularly regional and local companies. MARY WILLIAMS WALSH Thu, 31 Aug 2017 20:34:15 GMT Automobile Insurance and Liability Hurricane Harvey (2017) Texas Automobiles https://www.nytimes.com/2017/09/01/business/economy/nafta-talks-trump.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/business/economy/nafta-talks-trump.html Day laborers harvesting chives in Baja California, Mexico, last month. The first round of Nafta negotiations got off to a tense start last month, with the Trump administration declaring the trade deal had “fundamentally failed.” Guillermo Arias/Agence France-Presse — Getty Images Trade representatives from Canada, Mexico and the United States will resume discussions after a tense first round of talks. PRASHANT S. RAO Fri, 01 Sep 2017 13:41:33 GMT North American Free Trade Agreement International Trade and World Market Canada Mexico United States https://www.nytimes.com/2017/08/31/business/tax-reform-congress.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/business/tax-reform-congress.html Businesses along U Street in northwest Washington. When the District of Columbia broadened the tax base, rates came down but service businesses like tanning salons and fitness centers became subject to sales tax. Andrew Mangum for The New York Times The District of Columbia may seem an unlikely locale for an overhaul that has won praise across party lines, but its success offers a model. JAMES B. STEWART Thu, 31 Aug 2017 18:36:09 GMT Washington (DC) Taxation United States Politics and Government Law and Legislation Federal Taxes (US) Tax Credits, Deductions and Exemptions https://www.nytimes.com/2017/09/01/your-money/unusual-office-meetings.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/your-money/unusual-office-meetings.html A Himalayan salt room, at Modrn Sanctuary in Manhattan, became a meeting room this week for Erik Hess, left, and Marco Schnabl, both of automotiveMastermind. Harrison Hill for The New York Times Some entrepreneurs have instituted activities — outdoor planning sessions, meetings in a salt room, deal talks on a surfboard — that sound relaxing but are meant to be productive. PAUL SULLIVAN Fri, 01 Sep 2017 13:56:46 GMT Entrepreneurship Creativity https://www.nytimes.com/2017/09/01/jobs/corner-office-jason-fried-basecamp.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/jobs/corner-office-jason-fried-basecamp.html Jason Fried, chief executive of Basecamp. Tony Cenicola/The New York Times The chief executive of a project-management software firm says that a priority in his hiring process is determining whether a candidate can write well. ADAM BRYANT Fri, 01 Sep 2017 11:00:23 GMT Executives and Management (Theory) Fried, Jason Basecamp https://www.nytimes.com/2017/08/31/jobs/plangrid-tech-construction.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/jobs/plangrid-tech-construction.html Emily Tsitrian, head of consulting services at PlanGrid, said the company had found that “for construction workers, training has to be mostly in person.” An Rong Xu for The New York Times A digital app is bringing blueprints to the phones and tablets of construction workers. On-site training makes the transition easier. PATRICIA R. OLSEN Thu, 31 Aug 2017 18:26:42 GMT Labor and Jobs Building (Construction) United States Mobile Applications https://www.nytimes.com/2017/09/01/jobs/when-colleagues-wont-stop-talking-politics.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/jobs/when-colleagues-wont-stop-talking-politics.html Gracia Lam What to do when political chatter at the office stresses you out. ROB WALKER Fri, 01 Sep 2017 11:30:29 GMT Workplace Environment Careers and Professions Mentors https://www.nytimes.com/2017/08/30/business/congo-power-plants-poaching.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/30/business/congo-power-plants-poaching.html Park rangers hiked toward an outpost in Virunga National Park in the Democratic Republic of Congo in 2014. Today the park is home to an unusual power-plant experiment. Uriel Sinai for The New York Times Near Virunga National Park, hydroelectric power plants provide electricity that could guard against deforestation and revitalize a war-torn country. AMY YEE Wed, 30 Aug 2017 19:13:03 GMT Congo, Democratic Republic of (Congo-Kinshasa) Virunga National Park (Congo, Democratic Republic of) Hydroelectric Power Poaching (Wildlife) https://www.nytimes.com/2017/09/01/upshot/the-august-jobs-numbers-are-weak-dont-blame-trump.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/upshot/the-august-jobs-numbers-are-weak-dont-blame-trump.html Apartments under construction in Sparks, Nev., last month. The United States economy added fewer jobs than analysts expected (156,000, not 180,000). Andy Barron/The Reno Gazette-Journal, via Associated Press The numbers highlight a widely made mistake in how we have been talking about the economy since Inauguration Day. NEIL IRWIN Fri, 01 Sep 2017 13:56:44 GMT Labor and Jobs United States Economy Bureau of Labor Statistics https://www.nytimes.com/2017/09/01/business/michael-dell-foundation-harvey.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/business/michael-dell-foundation-harvey.html Michael Dell, the founder and chief executive of Dell Technologies, grew up in the Meyerland neighborhood of Houston. Damon Winter/The New York Times Mr. Dell, a Texan, said a gift from the Michael and Susan Dell Foundation would seed the Rebuild Texas Fund, which aims to raise $100 million. DAVID GELLES Fri, 01 Sep 2017 12:16:22 GMT Hurricane Harvey (2017) Philanthropy Dell Inc Dell, Michael S https://www.nytimes.com/2017/09/01/business/dealbook/consumer-financial-protection-bureau-cfpb-trump-white-house.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/business/dealbook/consumer-financial-protection-bureau-cfpb-trump-white-house.html President Trump with, from left, Tim Cook, Satya Nadella and Jeff Bezos. Stephen Crowley/The New York Times Business leaders posted an open letter to President Trump asking him not to end a popular immigration policy, but it isn’t clear whether he’ll listen. AMIE TSANG and MICHAEL J. de la MERCED Fri, 01 Sep 2017 10:36:05 GMT https://www.nytimes.com/2017/09/01/travel/london-vacation-rentals.html?partner=rss&emc=rss https://www.nytimes.com/2017/09/01/travel/london-vacation-rentals.html The Pembrokes in London. The Plum Guide Four levels, three bedrooms, chic neighborhood, close to the subway, one plumbing problem (fixed). The verdict: positive. SHIVANI VORA Fri, 01 Sep 2017 09:00:24 GMT Travel and Vacations Real Estate and Housing (Residential) Hotels and Travel Lodgings London (England) Plum Guide Kensington https://www.nytimes.com/2017/08/31/us/daily-mail-houston-rescue.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/us/daily-mail-houston-rescue.html Some of the men who jumped out of a boat in the Greens Bayou in Houston on Monday appeared in a Facebook Live video shortly before the accident. Ben Jimmy Vizueth, via Facebook The men, including two journalists for The Daily Mail chronicling a rescue attempt, jumped out of a boat shortly before it crashed into power lines. MATTHEW HAAG Fri, 01 Sep 2017 12:42:10 GMT Houston (Tex) Daily Mail Hurricanes and Tropical Storms News and News Media Maritime Accidents and Safety Hurricane Harvey (2017) https://www.nytimes.com/2017/08/31/nyregion/village-voice-layoffs.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/nyregion/village-voice-layoffs.html About a dozen employees at The Village Voice were told on Wednesday that they would no longer have jobs after the third week of September, a union representative said. Drew Angerer/Getty Images The cuts are a manifestation of tensions that some staff members said have roiled the newsroom for the last few months. COLIN MOYNIHAN Thu, 31 Aug 2017 22:55:44 GMT Layoffs and Job Reductions Newspapers News and News Media Village Voice Barbey, Peter D https://www.nytimes.com/2017/08/31/us/politics/mnuchin-harriet-tubman-jackson-money.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/us/politics/mnuchin-harriet-tubman-jackson-money.html “I would love to leave Andrew Jackson and see if we can maybe come up with another denomination,” President Trump said in April 2016, after Treasury announced its decision to replace Jackson on the $20 bill. Mark Wilson/Getty Images The Treasury Secretary said he hasn’t decided whether to replace President Andrew Jackson, a Trump favorite, on the $20 bill. BINYAMIN APPELBAUM Thu, 31 Aug 2017 22:33:06 GMT United States Politics and Government US Dollar (Currency) Jackson, Andrew Tubman, Harriet Mnuchin, Steven T Treasury Department https://www.nytimes.com/2017/08/31/business/media/syd-silverman-90-who-kept-variety-boffo-for-30-years-is-dead.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/business/media/syd-silverman-90-who-kept-variety-boffo-for-30-years-is-dead.html Syd Silverman in Variety’s offices in New York in an undated photograph. Mr. Silverman’s grandfather started the show-business bible, known for its headlines and for coining slang expressions, in 1905. He took over in 1957. SAM ROBERTS Thu, 31 Aug 2017 20:43:09 GMT Silverman, Syd Variety Daily Variety Newspapers Deaths (Obituaries) https://www.nytimes.com/2017/08/31/business/dealbook/wells-fargo-ceo-sloan.html?partner=rss&emc=rss https://www.nytimes.com/2017/08/31/business/dealbook/wells-fargo-ceo-sloan.html