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@nytimesbusiness

Financial, tech, media and other business news from The New York Times.

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linkhttp://nytimes.com/business calendar_today21-03-2007 14:49:39

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Despite scrutiny from the federal government over data security, TikTok’s popularity as a video-sharing platform continues to grow. If you’re curious about the app but haven’t tried it yet, here’s a quick tour. nyti.ms/3TG1LlI

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Prime Minister Rishi Sunak, who has taken on the task of restoring Britain’s credibility in international markets, said he would delay the announcement of a major economic plan by two and a half weeks as he seeks more time to make the “right decisions.” nyti.ms/3DAm66g

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Alaska Airlines, with a big Boeing order, plans to become an all-737 operator by the end of next year. nyti.ms/3FkgMFo

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NEW: Taking stock of Elon Musk's growing geopolitical influence, and the trouble he stirred up in Ukraine, Iran and Taiwan. With Cade Metz & Chang Che

nytimes.com/2022/10/26/tec…

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In today’s DealBook newsletter: @bernhardwarner and Stephen Gandel on Big Tech’s big problems; Michael de la Merced on Kanye’s fast-shriking empire; Twitter’s “heavy tweeter” problem; Ephrat Livni remembers Ash Carter; and more. nyti.ms/3N8eeMs

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Bed Bath & Beyond, the struggling retail chain that is in the process of closing 150 stores across the U.S., said that Sue Gove would officially become its chief executive after four months as an interim in the role. nyti.ms/3f92H2Y

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Judge Kathaleen St. J. McCormick has become a very important person in Elon Musk's life. If Musk fails to close his $44 billion deal to buy Twitter by Friday, McCormick will oversee a trial that could force him to follow through. nyti.ms/3Feac3f

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“There is a lot of secrecy still going on,” one commander in the Danish Navy tells Melissa Eddy. “The reason is simply because they have to be absolutely sure. When they have results, they have to be based on quite hard-core facts and not just speculation.”
nyti.ms/3N6cseC

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“You’ve got storage levels that people could only dream of a few months ago,” Massimo Di Odoardo, the vice president for gas research at Wood Mackenzie, a consulting firm. nyti.ms/3W5Vcun

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“We have a last-in, first-out labor market, and disabled people are often among the last in and the first out,” said Adam Ozimek, the chief economist at the Economic Innovation Group, a research organization in Washington.
nyti.ms/3gLAqjz

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“He believed that as long as the money kept rolling in he could speak with impunity,” the chief executive of the American Jewish Committee said of Kanye West. “Other companies that profit from associating with West must also disabuse him of that notion.” nyti.ms/3f6hpYp

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“Their ability to make sure that they have affordable options in these price-sensitive consumers’ hands is critical,” Bonnie Herzog, an analyst at Goldman Sachs, said of Coca-Cola. “That is something that they have done very well.” nyti.ms/3FhFJBt

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Of course, fuel prices alone don’t dictate the optimism of the nation. But patterns suggest that gas, distinct from other things we buy, wields real power over how Americans think about their personal circumstances. nyti.ms/3SCPdtK

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Workers with disabilities — like other groups that face obstacles to employment — tend to benefit disproportionately from strong job markets. Remote work, however, has the potential to break that cycle, at least for some, Ben Casselman writes.
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A month after subsea explosions ripped holes in the Nord Stream pipelines, the leakage has stopped. But beyond the fact that explosives were used in deliberate acts of sabotage, what is known remains as cloudy as the images from the floor of the Baltic Sea nyti.ms/3zdw1fC

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Under S.E.C. rules, SPACs are not allowed to hold discussions with merger partners before they go public, and if they do, the talks must be disclosed. Digital World acknowledged that there had been discussions. Now, both sides are seeking to save the deal. nyti.ms/3Dxor1H

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After going on a global buying spree this summer, Europe, at least for now, has all the natural gas it needs, Stanley Reed writes. The rush to sell to Europe was so great that vessels are now loitering off the coast waiting for slots at crowded terminals
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When PepsiCo reported its third-quarter earnings this month, price increases were accompanied by weaker growth in volume. The exact opposite happened for Coca-Cola, whose brands include Sprite and Minute Maid. nyti.ms/3DxXCKZ

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