The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in the news. If you don’t already receive the daily newsletter, sign up here. When your job involves pulling off seemingly impossible M.&A. transactions, persistent optimism is a necessary quality. […]
It was promoted as a New Year’s Eve celebration in Cancún, Mexico — a six-night trip that included parties with open bars and a day exploring Tulum, a popular tourist destination in the Yucatán Peninsula known for its ancient ruins and the turquoise water of its beaches. It would begin with a privately chartered plane […]
America’s hiring slowdown continued in December as employers struggled to find workers, even before the labor market faced a new threat from the coronavirus — underscoring the tumultuous path ahead as the economy enters 2022. Employers added 199,000 jobs in December, the Labor Department said Friday, the weakest report of the year. That was down […]
The site has about 600 employees — roughly 400 in its newsroom, making it the second-largest employer of sports journalists in the country, behind the Disney-owned ESPN. Like a number of digital media companies that have found success in recent years, The Athletic relies on subscribers, rather than advertisers, as its main source of revenue. […]
It’s the first week of the new year, but the competition to win the 2022 fashion collaboration game, that ever-escalating race to come up with the most eye-popping, head-shaking counterintuitive pairing of brands, has already begun. First out of the gate: Balmain, the French high fashion house, and Barbie, the ultimate plastic doll. It may […]
They were perplexing thefts, lacking a clear motive or payoff, and they happened in the genteel, not particularly lucrative world of publishing: Someone was stealing unpublished book manuscripts. The thefts and attempted thefts occurred primarily over email, by a fraudster impersonating publishing professionals and targeting authors, editors, agents and literary scouts who might have drafts […]
Ben Smith, the media columnist for The New York Times, is leaving the media outlet to start a new global news organization with Justin Smith, who is stepping down as chief executive of Bloomberg Media. Ben Smith said in an interview that they planned to build a global newsroom that broke news and experimented with […]
OpenSea, one of the most talked about blockchain start-ups in Silicon Valley, said on Tuesday that it had raised $300 million in new venture capital, making it the latest company to cash in on a rush to fund cryptocurrency start-ups. The new round of funding, led by the investment firms Paradigm and Coatue Management, brings […]
Officials from OPEC, Russia and other oil producers are expected to agree to continue their program of gradual monthly output increases when they meet by teleconference on Tuesday, but there are growing doubts about whether they can deliver on the additional barrels. A persistent failure to step up production by the amounts agreed on in […]
ImageElizabeth Holmes, center, entering the courthouse in San Jose, Calif., on Monday.Credit…Jim Wilson/The New York Times SAN JOSE, Calif. — Elizabeth Holmes, the founder of the failed blood testing start-up Theranos, was found guilty of four of 11 charges of fraud on Monday, in a case that came to symbolize the pitfalls of Silicon Valley’s […]
