Determining how much very rich families would owe under Senator Warren’s tax plan would be devilishly difficult, the economist N. Gregory Mankiw says: One problem is that many kinds of wealth have no market valuation.
NYT Business
257.6K posts
NYT Business
@nytimesbusiness
Financial, tech, media and other business news from The New York Times.
- This is language more typically used by presidents to refer to hostile foreign governments or terrorist groups. nyti.ms/2lWJ9hH
- The makeup artist Jackie Aina advocates for viewers with skin tones like her own — helping them navigate luxury cosmetics counters, drugstore aisles, subscription boxes and “a sea full of brands trying to capitalize off the ‘inclusivity movement’” nyti.ms/37DZCzk
- John Mackey, the founder of Whole Foods, blames obesity on bad decisions by consumers rather than lack of access to healthy food. "It’s less about access and more about people making poor choices, mostly due to ignorance."
- “All Ivanka Trump signs should be discarded,” TJ Maxx employees were told
- For some people in Hong Kong, the future is uncertain. Others see no future there at all.
- After staff members at The Ringer complained of the lack of diversity on the company's dozens of podcasts, the site's co-founder, Bill Simmons, said in an interview: “It’s a business. This isn’t Open Mic Night.” nyti.ms/2YXYdQC
- “A TV network blackmailing a private citizen into not making funny videos about it is not journalism, CNN”
- Shares in the Korean company that manages BTS will begin trading in South Korea on Thursday. Many investors see the listing as a golden opportunity to own a slice of a musical phenomenon that was the world’s most lucrative touring act last year. nyti.ms/33TsQKB
- Google and Facebook employees were told this week that they could stay home until next year. Capital One said workers will be out through Labor Day and possibly longer. Amazon is saying October. nyti.ms/2LcPlQr
- Chinese police dragged Joanne Li from her house, manacled her to a chair, and interrogated her for three days. Her crime: sending a link on WeChat. A cornerstone of China's surveillance state, the app may soon be banned in America.
- Twitter said it removed thousands of accounts that were part of a Chinese misinformation campaign that in part promoted Beijing’s pandemic response nyti.ms/37oZLHc
- Emboldened by a new law, Hong Kong security forces are turning to harsher tactics as they close a digital dragnet on activists, like forcing fingers on phone scanners or trying to trigger facial recognition systems to unlock people’s phones. nyti.ms/2QoOgYv
