Business

China’s New Jetliner, the Comac C919, Takes Flight for First Time

Planning for the 158-seat C919 began more than a decade ago, but the plane has become a centerpiece of the country’s more recent ambitions to become largely self-sufficient in many high-tech goods and to export them as well. That plan, called Made in China 2025, worries many Western businesses who fear competing against government-supported Chinese companies. Photo Employees on Thursday ...

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Video of United Airlines Passenger Creates Furor in China, Too

Photo Images from video show a passenger being removed from a United Airlines flight in Chicago on Sunday. Credit Audra D. Bridges, via Associated Press BEIJING — A day after the forced removal of a passenger from a United Airlines flight provoked a social media furor in the United States, a similar outcry followed in China, after state-run news outlets ...

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Fox’s Andrew Napolitano Stirred the Pot for Trump’s British Tempest

Photo Judge Andrew Napolitano, the senior judicial analyst for Fox News, at Trump Tower in December. Credit Jim Watson/Agence France-Presse — Getty Images Andrew Napolitano was a Superior Court judge in New Jersey until, frustrated by the constraints of his salary, he left the bench for more lucrative pastures: talk radio, a syndicated small-claims court TV series (“Power of Attorney”) ...

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I Ignored Trump News for a Week. Here’s What I Learned.

But as the week wore on, I discovered several truths about our digital media ecosystem. Coverage of Mr. Trump may eclipse that of any single human being ever. The reasons have as much to do with him as the way social media amplifies every big story until it swallows the world. And as important as covering the president may be, ...

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In America’s Heartland, Discussing Climate Change Without Saying ‘Climate Change’

Here in north-central Kansas, America’s breadbasket and conservative heartland, the economic realities of agriculture make climate change a critical business issue. At the same time, politics and social pressure make frank discussion complicated. This is wheat country, and Donald J. Trump country, and though the weather is acting up, the conservative orthodoxy maintains that the science isn’t settled. Continue reading ...

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Asian Shares Mixed as Investors Consider Latest Fed Minutes

HONG KONG — Asian stock indexes were mixed Thursday as investors assessed the latest Federal Reserve board’s meeting minutes. Japanese shares slipped as the yen strengthened against the dollar. KEEPING SCORE: Japan’s benchmark Nikkei 225 index fell 0.3 percent to 19,544.70 a day after hitting its highest level in 13 months as the yen’s strength hurt shares of some exporters. ...

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Philips to Sell Majority Stake in Lumileds After Earlier Deal Scrapped

Photo Frans van Houten, the chief executive of Philips. If the Lumileds deal is completed, Philips would retain a 19.9 percent interest for a minimum of three years. Credit Toussaint Kluiters/United Photos, via Reuters LONDON — Philips, the Dutch electronics giant, said on Monday that it would sell a controlling stake in its automotive and LED components business to affiliates ...

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Volkswagen to Cut 23,000 German Jobs as It Tries to Lift Profits

Photo A Volkswagen plant in Zwickau, Germany. The company said its plan would lead to savings of $3.9 billion a year. Credit Jens Meyer/Associated Press Volkswagen will cut about 23,000 jobs in Germany over five years as part of a deal with its powerful labor representatives to improve chronically low profitability at its largest unit. As it seeks to recover ...

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Self-Driving Truck’s First Mission: A Beer Run

Photo An Otto truck on a San Francisco street in May. Credit Ramin Rahimian for The New York Times SAN FRANCISCO — The futurists of Silicon Valley may not have seen this one coming: The first commercial delivery made by a self-driving truck was 2,000 cases of Budweiser beer. On Tuesday, Otto, the Uber-owned self-driving vehicle operation, announced the completion ...

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A Curious Plan to Fight Climate Change: Buy Mines, Sell Coal

“Everybody knew what to expect in Round 2,” Mr. Barrett said. “They would try to sell their best assets and leave their biggest environmental problems behind.” Knack for Deals The Natural Bridge is a rocky arch towering 215 feet above a small creek in southwestern Virginia. Thomas Jefferson bought the property from King George III of England for 20 shillings. ...

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