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Monthly Archives: October 2017

‘Terry Richardson Is Just the Tip of the Iceberg’

Porter, the Net-a-Porter magazine, also said it was no longer working with Mr. Richardson. So did Hearst magazines, which owns Elle, Harper’s Bazaar, Esquire and Marie Claire. Mr. Richardson had already been commissioned to shoot the January cover of Elle and had recently done so. It is now being redone …

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Tesla nears bear market territory, and it could get a lot worse

Tech stocks are soaring, but there’s one name that’s noticeably absent from the recent rally: Tesla. Shares in the electric-car maker fell 2 percent on Friday after reports that production of the Model 3 would be delayed. Tesla’s stock has been on a precipitous decline since hitting a high last …

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Amazon just added a FedEx. Stock up nearly $62 billion in a single day

Amazon shareholders are having a good day. The e-commerce juggernaut added more market value in one day than that of more than 400 individual companies in the S&P 500. Amazon shares surged more than 13 percent to an all-time high midday Friday, a day after it reported better-than-expected earnings. The …

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A New London Theater Aims to Stage a Revolution

Part of a glossy new development, the theater looks on to two of the city’s most recognizable landmarks: Tower Bridge and the Tower of London. Photo The theater opened with a new play, “Young Marx,” with Rory Kinnear, center, in the title role. Credit Manuel Harlan It’s two miles to …

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Alphabet ‘Other Bets’ capex shows Ruth Porat discipline

Adam Jeffery | CNBC Ruth Porat, CFO of Alphabet, at the New York Economic Club on May 22, 2017. Google Fiber was one of the company’s most ambitious projects. Under the original vision, the company was going to run fiber optic cable directly to consumers’ homes, giving them super-fast Internet. …

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Venezuela oil giant PDVSA avoids catastrophic debt default

Carlos Becerra | Bloomberg | Getty Images Nicolas Maduro, president of Venezuela, gestures to the audience during a swearing in ceremony for the new board of directors of Petroleos de Venezuela SA (PDVSA). The United States has imposed a series of sanctions on Venezuela this year following President Nicolas Maduro’s …

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It’s Always Fishnets Season Somewhere

That look is dated, for sure, bearing little resemblance to what many prostitutes actually wear, but those images have proliferated just the same, a common sight this fall at concerts, on theater screens and in a flurry of luxury ad campaigns. Seedily costumed streetwalkers are a magnet to fans of …

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Tech shares are this bull market’s most important stocks right now

Technology is the most important industry for stocks today, indicating that blowout earnings from giants such as Microsoft could be good for the market. Shares of Google parent Alphabet, Microsoft and Intel soared nearly 6 percent or more in Friday trading after reporting solid quarterly earnings that came in well …

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Brent crude rockets above $60 a barrel for first time since July 2015

Brent crude oil spiked higher on Friday to trade above $60 a barrel for the first time in more than two years. The international benchmark for oil prices was trading up $1.05, or 1.8 percent, at $60.35 a barrel at 11:17 a.m. ET (1517 GMT). It was near the highest …

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The Hidden History of Japan’s Folk-Rock Boom

That meant complex wordplay and ambiguities created through deliberate mispronunciation. Most of the band’s lyrics were by its drummer, Takashi Matsumoto, who in 1971 wrote a probing essay about being caught between a “pseudo-West” and a “sham Japan.” The Japanese language, Mr. Endo said, was essential to capture the details …

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