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Business Day

Monday, May 2, 2016

Environmental activists say American officials have pushed their European counterparts for looser regulations, but negotiators say the criticism is off base.

CHINATOPIX, via Associated Press

Experts Warn of Backlash in Donald Trump’s China Trade Policies

They say that his proposals are more likely to deepen the United States’ economic pains, particularly if China or other targeted nations retaliate.

Australian Entrepreneur Says He Created Bitcoin, but Doubts Persist

Craig Steven Wright presented digital evidence linking him to Satoshi Nakamoto, the pseudonym of the currency’s creator; not everyone was convinced.

Hulu Is Said to Plan Full Cable and Broadcast Channel Streaming

Hulu is said to be working to change from a rerun-based service as TV companies rethink the way they approach streaming video.

Putin Took Credit for the Boom. Now There’s a Bust.

The Russian president, having long taken credit for boom times and cultivated an image of prowess, finds himself unable to end the nation’s longest recession since he came to power.

Researchers Aim to Put Carbon Dioxide Back to Work

Scientists are working on ways to recycle and reuse carbon dioxide, rather than storing it underground, to fight climate change.

China Lending Inflates Real Estate, Stocks, Even Egg Futures

Beijing’s infusions of cash to support its economy tend to lead to investment bubbles, often in unexpected places, as the commodities market shows.

Halliburton and Baker Hughes Call Off $35 Billion Merger

The news came after an excruciatingly long regulatory review process that culminated in a lawsuit by the Justice Department.

Puerto Rico to Miss Largest Payment to Date

The United States territory will probably default on even larger and more consequential payments due on July 1 unless Congress enacts rescue legislation.

GNC May Put Itself Up for Sale

After reporting disappointing earnings, the company said it had hired advisers to explore “strategic and financial alternatives,” including a sale.

British Companies Avoid Taking Sides in the Debate Over an E.U. Exit

As Britain prepares to vote on its membership in the European Union, many businesses fear upsetting customers on either side of the issue.

Insight & Analysis
Mediator

Letting Stephen Colbert Be Stephen Colbert (Whoever That Is)

CBS says it brought in a new executive producer for “The Late Show” so Mr. Colbert could focus on hosting. Now the network has to give him room to do what he does best.

For Women in Advertising, It’s Still a ‘Mad Men’ World

Women now make up nearly half the advertising industry, yet it remains rife with sexist behavior, gender bias and pressure to be one of the guys.

Itineraries

Catching a Flight? Budget Hours, Not Minutes, for Security

Fewer T.S.A. screeners, tighter budgets, new checkpoint procedures and growing numbers of passengers have led to epic security lines, and there’s no end in sight.

White Collar Watch

Fizzled Goldman Sachs Cases Put S.E.C. in Harsh Light

Recent news articles raised questions about whether the agency was willing to take on tough cases against Goldman Sachs and its executives.

Malia Obama’s ‘Gap Year’ Is Part of a Growing (and Expensive) Trend

Thousands of students take a year off before officially entering college, but many point out that not everyone can afford to do so.

Advertising

High Times and Agency Unite to Sell Marijuana to Mainstream

The collaboration has produced a report that says “marijuana is opening up opportunities across a variety of industries.”

Sketch Guy

Choose Experiences Over Stuff, and Maybe Over Security Too

Consider the allure of leaving the stability and security of the American dream and following the path of “what if?”

New York City Casts a Net to Catch the Next Big Start-Up

A nonprofit, Tech:NYC, aims to work with city, state and federal officials to help make New York more appealing to start-ups, big tech companies and venture firms.

Shenyang Journal

Boom Over, a Daily Jostle for Jobs Produces Mostly Despair

The wait at a labor market in Shenyang, a large city in northeastern China, drives workers to beg, worry about families, resort to dark humor and ignore billboards urging entrepreneurship.

The Upshot

Spain’s Jobless Numbers Almost Look Like Misprints

Even with a recovering economy, high unemployment (20 percent) is part of life, and youth unemployment is at 45.5 percent.

Sandwiched in a Cannes Contender, a Diner Scene for the Ages

“Hell or High Water,” a contemporary Western, has one of the top diner or deli scenes in movie memory, rivaling those in “Five Easy Pieces” and “When Harry Met Sally.”

Tech Tip

Sharing Your Instagram Feed (or Not)

Instagram’s default settings make accounts public for the world to see, but you can choose to share your photos with only approved followers.

Editors’ Picks
Beware the Fine Print

Arbitration Everywhere, Stacking the Deck of Justice

A series examining legal clauses that deprive Americans of their day in court.

The China Factor

Stumbling Over a Culture

When a Chinese truck manufacturer secured 250 acres of farmland in an Indian village, it caused a ripple effect with religious, political and socioeconomic repercussions.

Inside Amazon

Wrestling Big Ideas in a Bruising Workplace

The ambitious company is conducting an experiment in how far it can push white-collar workers.

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Latest News

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A U.S. Anti-Trade Shift Would Hit Global Economy Hard-Mexico's Guajardo
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Twitter Lawsuit Partly Dismissed Over U.S. Information Requests
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Exclusive: Tribune Publishing No. 2 Shareholder Supports Sale
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EU Trade Chief Declares Love for Britain, Vows Tough Line on China
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Halliburton-Baker Hughes Breakup Is a Lesson in Hubris
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Brazil Judge Orders WhatsApp Blocked, Affecting 100 Million Users
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White House Says It's Not Concerned About Leaks of EU-U.S. Trade Papers
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Amazon Bolsters Voice Based-Platform Alexa With Investment in TrackR
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Gannett to Urge Tribune Shareholders to Withhold Board Slate Vote
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Slow Progress on Greek Reform, Debt Talks, May 9 Deal Unlikely-Sources
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U.S. Economy Still Seen Growing 1.8 Percent in Second Quarter: Atlanta Fed
9:59 AM ET
Wall St. Ends Higher After a Week of Declines
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Fizzled Goldman Sachs Cases Put S.E.C. in Harsh Light
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GNC May Put Itself Up for Sale
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Hulu Is Said to Plan Full Cable and Broadcast Channel Streaming
7:56 AM ET
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From Sunday Business

A Crusader in the Coal Mine, Taking On President Obama

The energy tycoon Robert Murray has fought the president all the way to the Supreme Court with a message: To keep America strong, keep mining coal.

Inside Wealth

One Top Taxpayer Moved, and New Jersey Shuddered

The hedge fund manager David Tepper’s relocation to Florida is a case study in how tax collection changes when income becomes concentrated in the hands of a few.

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