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Leading Private Equity Firm Accused of Misusing Funds

Leading Private Equity Firm Accused of Misusing Funds

The founder of the Abraaj Group, Arif Naqvi, in New York in 2016. He has told investors that he did not misuse their money, pointing to regulatory delays.

Want to See Your Baby? In China, It Can Cost You

Want to See Your Baby? In China, It Can Cost You

Huadu District People’s Hospital in Guangzhou, China, where Juliana Brandy Logbo, a Liberian, gave birth to twins this month but wasn’t allowed to see them, she said, until she had raised hundreds of dollars to pay medical fees.

Sears C.E.O. Seeks to Buy the Retailer’s More Valuable Parts

Sears C.E.O. Seeks to Buy the Retailer’s More Valuable Parts

Edward S. Lampert, whose hedge fund owns a controlling stake in Sears, has been trying for years to save the troubled retailer.

Struggling to Disconnect From Our Digital Lives

Struggling to Disconnect From Our Digital Lives

It is 11:10 p.m. Why are you aimlessly checking LinkedIn invitations from people you don’t know?

Union Is Formed at Los Angeles Times and Publisher Put on Leave

Union Is Formed at Los Angeles Times and Publisher Put on Leave

The Los Angeles Times building. Employees at the newspaper have voted to unionize, reversing more than a century of anti-union sentiment.

Netflix’s Bow to Saudi Censors Comes at a Cost to Free Speech

Netflix’s Bow to Saudi Censors Comes at a Cost to Free Speech

Netflix removed an episode of “Patriot Act” with the comedian Hasan Minhaj from its service in Saudi Arabia at the request of the government there.

U.S. Businesses Are Bullish Amid Worldwide Instability

U.S. Businesses Are Bullish Amid Worldwide Instability

Portraits of Office Evolution franchise owners at headquarters in Broomfield, Colo. Rather than global or political issues, “our clients are focused on developing business in their communities,” said Mark Hemmeter, the founder.

The Nuclear Power Plant of the Future May Be Floating Near Russia

The Nuclear Power Plant of the Future May Be Floating Near Russia

The port of Murmansk, in far northwest Russia, is the site of a technologically advanced but potentially risky experiment: a floating nuclear power plant.

Companies Struggle to Comply With Rules on Conflict Minerals

Companies Struggle to Comply With Rules on Conflict Minerals

Gold, seen here, along with tantalum, tungsten and tin extracted from countries like the Democratic Republic of Congo, are considered conflict minerals.

The World Bank Is Remaking Itself as a Creature of Wall Street

The World Bank Is Remaking Itself as a Creature of Wall Street

Jim Yong Kim, president of the World Bank. “One of the most difficult things to do in a large bureaucracy is to change incentives,” he said.

With Jobs to Fill, Businesses Play the Visa Lottery

With Jobs to Fill, Businesses Play the Visa Lottery

Jose Vera Ramirez is among the immigrant seasonal workers employed by Phil Steinhauer’s landscaping company in Centennial, Colo. Businesses were chosen by lottery to be able to hire workers under the H-2B visa program.

In Vancouver, a Housing Frenzy That Even Owners Want to End

In Vancouver, a Housing Frenzy That Even Owners Want to End

Condominium towers in Vancouver, British Columbia, where housing costs are up by about 60 percent over the past three years. About a fifth of local homeowners in a survey said they’d like to see prices fall by 30 percent or more.

Southwest’s Fatal Accident Prompts Scrutiny of Engine Inspections

Southwest’s Fatal Accident Prompts Scrutiny of Engine Inspections

Investigators from the National Transportation Safety Board examining the damaged engine that caused the death of a passenger on a Southwest Airlines plane on Tuesday.

Japan Seeks Its Economic Mojo in the Stuff That Makes the Stuff

Japan Seeks Its Economic Mojo in the Stuff That Makes the Stuff

The cylindrical metal products made by Irie Koken are a departure from the gadgetry of previous Japanese innovations, but a focus on building precision components could help the country forge a new, critical role in the global economy.

How Would a T-Mobile-Sprint Merger Affect Your Cellphone Bill?

How Would a T-Mobile-Sprint Merger Affect Your Cellphone Bill?

T-Mobile has been a driving force behind the trend toward lower prices and more consumer flexibility. But it remains an open question whether a combination with Sprint would create a company with the same incentive for aggressiveness.


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