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DealBook

@dealbook

New York Times columnist Andrew Ross Sorkin and his colleagues help make sense of major business and policy news — and the power-brokers who shape them.

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linkhttp://dealbook.nytimes.com/ calendar_today24-10-2008 19:47:47

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The Supreme Court will hear Starbucks’s challenge on Tuesday to an order to reinstate workers attempting to unionize a store in Memphis. Starbucks hopes to limit the National Labor Relations Board’s ability to obtain a court intervention in labor cases. nyti.ms/3xRykHh

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In the race to build generative AI, the tech industry’s mantra has been bigger is better. Now tech companies are starting to embrace smaller AI tech that is not as powerful but costs a lot less. And for many customers, that may be a good trade-off. nyti.ms/4b8kONS

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Donald Trump is set to receive $1 billion in shares after the stock price of Trump Media hit performance targets in its first few weeks of trading. The money comes at a crucial time for Trump, who has hundreds of millions of dollars of legal bills. nyti.ms/4dcHEWc

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Is online shopping bad for the planet? It’s complicated. But there’s one foolproof thing you can do for the planet and for your bank account: Buy less stuff.

Other things to try: Buying in bulk, slow shopping and bundling orders. nyti.ms/3WbGqod

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He engaged in insider trading for a profit of $415,726 — the equivalent of a quarter behind the couch given his $16 billion fortune. A study looks at similar behavior: “The people doing it have a sense of entitlement or maybe just think, ‘I’m invincible.’” nyti.ms/4aLVPQF

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Should 'Buy Now, Pay Later' loans show up on your credit report? The credit bureaus say 'yes.' The BNPL lenders say... eventually, and only after big changes to the credit reporting industry.
Jordyn Holman and I dig into the dispute:
nytimes.com/2024/04/23/bus…

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NEW w/ Lauren Hirsch: The Federal Trade Commission on Monday sued to block Tapestry’s $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace nytimes.com/2024/04/22/bus…

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In these tough economic times in China, some people are finding relief at subsidized community centers that once served mostly seniors but are now also drawing younger crowds. The plates, sometimes as cheap as $1.40, are filled with local specialties. nyti.ms/3w1InsP

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In today’s DealBook: Michael de la Merced on where donors stand in the latest wave of campus protests; @bernhardwarner with a tech earnings cheat sheet; @laurenshirsch on the F.T.C.’s case against a fashion deal; tariq panja on Apple’s soccer bet; and more nyti.ms/49QrTld

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Terry Anderson, the Beirut bureau chief for The Associated Press who was held hostage by Islamic militants for more than six years, has died at 76. nyti.ms/3Ut2kSv

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Chelsea Passage filled the entire first floor like an enticing souk, reminiscent of the old Henri Bendel street of shops. And Barneys became a destination as exciting as a 1980s-era nightclub. nyti.ms/3xOfBwc

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Phyllis Pressman, the matriarch of the family that founded Barneys New York, the discount men’s wear store turned luxury emporium, has died at 95. nyti.ms/3U9uLDN

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Martin J. Wygod, who graduated from walking horses after races to owning and breeding championship thoroughbreds when he made millions from investing in online companies that sold pharmaceuticals by mail and pruned medical paperwork, has died at 84. nyti.ms/3JuOI2V

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After Martin Wygod made a fortune selling prescription drugs and providing medical information online, he and his wife became leading breeders of thoroughbred horses. He has died at 84. nyti.ms/49NC5dV

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FIFA is close to an agreement with Apple that would give the tech company worldwide television rights for a major new tournament, a monthlong, World Cup-style competition for top teams that will be played for the first time in the U.S. next summer. nyti.ms/3WaIaOz

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Here's what to know about Pinduoduo, the Chinese site that has reshaped discount shopping. nyti.ms/4aHVLkJ

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In today’s DealBook: Michael de la Merced on Tesla’s latest moves ahead of earnings; Ravi Mattu on the fallout from the TikTok bill; the latest development in a big ammunition deal; @bernhardwarner at on the media industry’s debate over A.I. nyti.ms/3U8biU6

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In this weekend's DealBook newsletter: Can the buzz around basketball star Caitlin Clark help the W.N.B.A. become a sustainable business? Lauren Hirsch & Tania Ganguli on the big commercial challenges and opportunities in professional women's sports. nyti.ms/49FL7Kd

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Una auditoría de la Administración Federal de Aviación descubrió que Spirit AeroSystems, empresa proveedora de Boeing, usaba jabón Dawn y una tarjeta llave de hotel en el proceso de fabricación.  nyti.ms/4b44Uns

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Denny Walsh was a Pulitzer Prize-winning investigative reporter who was a consummate nuisance to mobsters, corrupt politicians and his editors, especially at The New York Times, which fired him. He has died at 88. nyti.ms/3W7Vweq

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