Business

Facebook Begins Testing Direct Publication of News Articles

Photo Chris Cox, Facebook’s chief product officer. Credit Peter Earl McCollough for The New York Times MENLO PARK, Calif. — Facebook’s long-rumored plan to directly host articles from news organizations will start on Wednesday, concluding months of delicate negotiations between the Internet giant and publishers that covet its huge audience but fear its growing power. Nine media companies, including NBC ...

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21st Century Fox Posts Lower Profit on Flat Revenue

Photo Fox’s movie unit was a standout. “Kingsman: The Secret Service” has brought in $401.4 million since its February release. Colin Firth, left, plays Harry Hart, and Taron Egerton is Eggsy Unwin. Credit Jaap Buitendijk/Twentieth Century Fox LOS ANGELES — Quarterly profit declined at 21st Century Fox as continuing struggles at the Fox broadcast network, higher sports costs and unfavorable ...

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While It’s Not on the Burger, McDonald’s Adds Kale

Photo Credit McDonald’s McDonald’s, which this year bragged in advertisements that it would never serve kale on a hamburger, said on Wednesday it would add kale to breakfast bowls as part of a trial at nine Southern California restaurants. The company, which is testing a variety of new foods as part of a vast turnaround effort, plans to offer breakfast ...

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Al Jazeera America Chief Is Ousted After Turmoil

Photo Until Wednesday, Mr. Al Shihabi had been chief since the network was founded two years ago. Credit Suzanne DeChillo/The New York Times Al Jazeera America announced on Wednesday that it was replacing its chief executive, Ehab Al Shihabi, who had held that position since the network’s founding two years ago. It was the latest move in what had already ...

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Losses Widen at Tesla, but Company Says Production Is on Track

Photo Workers outside a new Tesla showroom in Shanghai. The company said it expected to sell 55,000 of its electric vehicles this year. Credit Reuters Tesla Motors reported a larger first-quarter loss on Wednesday, but it was still smaller than analysts forecast and the company appeared to be on track for important production milestones. Tesla, a maker of high-end electric ...

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