The Astonishing Ways Teenagers Make Millions
The internet has turned bedrooms into studios, storefronts, trading desks and, for a remarkably small group of teenagers, the headquarters of real businesses.
Joe Rennison·
Section
Business
21 stories
Canada Is Fighting Back on Trade. Will Others Follow?
Prime Minister Mark Carney’s decision to retaliate against U.S. tariffs has drawn praise from China, and exposed a rift in the Trump administration.
Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Sri Muppidi and Ian Mount·
Los Angeles Dodgers Owner’s Troubles Roil Insurance World
Federal investigations of Mark Walter’s business empire have put a spotlight on private-equity-owned insurers that invest premiums in risky assets.
Rob Copeland and Matthew Goldstein·
The Biggest Dogs in Streaming Want You to Use Only Their App
YouTube is racing to catch up to Amazon, which already offers users the chance to subscribe to services like HBO Max from within its app. Netflix is increasingly open to the idea, too.
John Koblin·
Nearly 40,000 Eye Drop Bottles Are Recalled Over Potential Contamination
Federal safety regulators said the maker of Clear Eyes Maximum Itchy Eye Relief voluntarily recalled the drops because of a “lack of assurance of sterility.”
Johnny Diaz·
Dr. Dre and Jimmy Iovine Think A.I. Is Good for Music
The hit-making duo turned tech moguls also have thoughts about why corporate America isn’t collaborative enough.
Jordyn Holman·
How Big Tech Captured American Schools
Companies like Google and Microsoft have used their money, their might and their massive reach to influence nearly every step of the education supply chain.
Natasha Singer·
The U.S. Start-Up Making Low-Cost Interceptors for the Iran War
For Florida-based Powerus, becoming a global supplier of counterdrone technology has meant involving the Trumps, a golf course and a new way of doing business.
Farah Stockman and Ismaeel Naar·
U.S. Economy Could Feel the Sting From Trade War With Canada
A tit-for-tat trade fight between the two allies could create new headaches for consumers and businesses already stung by high prices.
Tony Romm·
Paramount and California to Hold Preliminary Talks on Warner Bros. Deal
The discussions on Monday are an early effort to resolve a lawsuit that California and 11 other states filed to block Paramount’s $111 billion acquisition of Warner Bros. Discovery.
Lauren Hirsch, Benjamin Mullin and Laurel Rosenhall·
Harvard Is Selling a $699 Course Taught by A.I. Clones of Its Faculty
To create a new bootcamp for entrepreneurs, Harvard Business School made A.I. avatars of its instructors.
Sarah Kessler·
The Economy Got Used to Low Borrowing Costs. Their Exit Could Pose Risks.
After roughly two decades of ultralow interest rates, a period of rapid readjustment is ahead for the United States, the world’s largest economy and most important financial system.
Ben Casselman and Colby Smith·
Sick of Constant Pings, They’re Sending Texts at the Speed of Carrier Pigeon
Apps that let users send digital messages at ultraslow speeds have taken off, with users reveling in a slower pace of life. (Just don’t use the them to make dinner plans.)
Emmett Lindner·
For Gen Z, Building Wealth Is in the Stock Market, Not the Housing Market
When it comes to building wealth, Gen Z is more focused on investment apps and their retirement accounts than they are in building equity in a home.
Sophia June·
Universal’s New Coaster Is a Scream. That’s the Problem.
The Hollywood theme park built a “whisper quiet” ride to avoid angering nearby neighbors. They didn’t fully account for the enthusiasm of the riders.
Brooks Barnes and Adam Amengual·
Boeing Engineers and Technicians Reject Contract Offer
The union members also authorized a potential strike if a new agreement is not reached by October.
Joe Rennison·
Overlooked No More: Patricia Douglas, Who Challenged Hollywood’s Culture of Abuse
Eight decades before the #MeToo groundswell, she took MGM to court after alleging she was attacked at a studio party in 1937.
Nina Siegal·
Meghan of Sussex Eyes a Role in a Netflix Show
The duchess’s representatives have had exploratory talks about her joining a third season of “The Gentlemen,” two people said. Netflix has not yet ordered a third season of the show.
Brooks Barnes and Nicole Sperling·
Mark Zuckerberg Buys an Irish Castle
The prominent landowner has added a nearly 200-year-old estate to his holdings. Archival information says it can take “a brisk walk of 4½ minutes to reach the dining room from the kitchen.”
Alan Yuhas·
Trump Widens Beef Imports in Bid to Lower Prices
The move prompted blowback from cattle ranchers and Republicans who represent them.
Kevin Draper and Ana Swanson·
In China’s Biggest Car Recall, Tesla and 8 Others Will Address Door Safety
China’s regulator ordered changes after vehicle occupants sometimes had difficulty exiting electric cars, an issue that has led to lawsuits against Tesla in the United States.
Keith Bradsher and Jack Ewing·