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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewReddit was founded nearly two decades ago, yet it's never turned a profit. After the initial pop in Reddit stock, it slid nearly 9% during its second day of trading on Friday, only to jump 30% on Monday. Reddit framed that as a huge opportunity to attract international users, and appeal to a much larger audience with foreign-language posts. Now that Reddit's finally public, it may be able to reinvent its business and supercharge its finances.
Persons: , it's, Reddit, There's, The_Donald, Reddit's Organizations: Service, Business, New York Times Company, Facebook
James Carville favorably compared Biden's record for Black Americans to that of Obama and Clinton. In April 2023, the Black unemployment rate fell to 4.8%, the lowest level on record. "He's been demonstrably the best president that Black America's ever had, Clinton and Obama included," Carville said of Biden. AdvertisementIn April 2023, the Black unemployment rate fell to 4.8%, the lowest level on record for Black citizens. And for Black Americans in the workforce, weekly pre-tax earnings surged 24.8% from Q1 in 2020 through the end of 2023, according to CNBC.
Persons: James Carville, Obama, Clinton, He's, Black, , Joe Biden's, Barack Obama, Bill Clinton, Carville —, Maureen Dowd, Carville, Biden, Donald Trump Organizations: Times, Service, Democratic, Black, Democratic Party, New York Times, CNBC,
Microsoft filed a motion in federal court on Monday that seeks to dismiss parts of a lawsuit brought by The New York Times Company. The Times sued Microsoft and its partner OpenAI on Dec. 27, accusing the two companies of infringing on its copyrights by using its articles to train A.I. In its motion, filed in U.S. District Court for the Southern District of New York, Microsoft argued that large language models, or L.L.M.s — the technologies that drive chatbots — did not supplant the market for news articles and other materials they were trained on. The tech giant compared L.L.M.s to videocassette recorders, arguing that both are allowed under the law. than it was to the VCR (or the player piano, copy machine, personal computer, internet or search engine),” the motion read.
Persons: OpenAI Organizations: Microsoft, The New York Times Company, The Times, Southern, of Locations: U.S, of New York
Shrinkflation 101: The Economics of Smaller Groceries
  + stars: | 2024-03-01 | by ( Jeanna Smialek | ) www.nytimes.com   time to read: +1 min
Companies are downsizing products without downsizing prices, and consumer posts from Reddit to TikTok to the New York Times comments section drip with indignation at the trend, widely known as “shrinkflation.”The practice isn’t new. President Biden tapped into the angst in a recent video. (“What makes me the most angry is that ice cream cartons have actually shrunk in size, but not in price,” he lamented.) One Canadian chain unveiled a growflation pizza. (“In pizza terms,” the company’s news release quipped, “a larger slice of the pie.”)
Persons: Sellers, Biden, Organizations: New York Times Locations: Reddit, TikTok
OpenAI filed a motion in federal court on Monday that seeks to dismiss some key elements of a lawsuit brought by The New York Times Company. The Times sued OpenAI and its partner Microsoft on Dec. 27, accusing them of infringing on its copyrights by using millions of its articles to train A.I. technologies like the online chatbot ChatGPT. Chatbots now compete with the news outlet as a source of reliable information, the lawsuit said. In the ordinary course, one cannot use ChatGPT to serve up Times articles at will.”
Persons: OpenAI, Chatbots, ” “, , Organizations: The New York Times Company, The Times, Microsoft, Southern, of, New York Times Locations: U.S, of New York
A man set himself on fire on Sunday afternoon outside the Israeli Embassy in Washington, according to the Metropolitan Police Department. A U.S. Air Force spokeswoman, Ann Stefanek, confirmed on Sunday night that the man was an active-duty airman. The man was taken to a nearby hospital with life-threatening injuries and remains in critical condition. No embassy staff members were injured, and all were accounted for, according to Tal Naim, a spokeswoman for the embassy. The New York Times could not confirm who was behind the account that posted the video, but the video featured a man walking toward the Israeli Embassy in Washington.
Persons: Ann Stefanek, Vito Maggiolo, Tal Naim, , , dousing, Sean Hickman Organizations: Embassy, Metropolitan Police Department, U.S . Air Force, U.S, Secret Service, New York Times, Air Force, Alcohol, Tobacco, Firearms, Explosives, Israel, International Locations: Washington, U.S, Gaza, Texas, Israel, Atlanta
A man set himself on fire on Sunday afternoon outside the Israeli Embassy in Washington, according to the Metropolitan Police Department. Officers with the U.S. Secret Service extinguished the fire outside the embassy, in northwestern Washington, around 1 p.m., said Vito Maggiolo, a spokesman with the city’s fire department. The man was taken to a nearby hospital with life-threatening injuries and remains in critical condition. No embassy staff members were injured, and all were accounted for, according to Tal Naim, a spokeswoman for the embassy. The New York Times could not confirm who was behind the account that posted the video, but the video featured a man walking toward the Israeli Embassy in Washington.
Persons: Vito Maggiolo, Tal Naim Organizations: Embassy, Metropolitan Police Department, U.S, Secret Service, New York Times Locations: Washington
We know that frozen peas are a freezer staple — they’re just as good as their fresh counterparts, and they’re always ready to add little pops of sweetness to skillet greens with runny eggs and vegetable pulao. But … what makes them such a good freezer staple? A reader asked the cookbook author Kenji López-Alt for his new column titled, appropriately enough, Ask Kenji. Nigella Lawson’s buttermilk roast chicken is a veritable cozy classic, especially since you can leave the bird in its buttermilk bath for up to two days. Be sure to scroll through the reader notes for clever substitutions and additions: using all thighs, swapping Greek yogurt for the buttermilk and spiking the marinade with hot sauce.
Persons: they’re, Kenji López, Kenji, paglia e fieno
The Israeli military distributed videos Monday evening that it said showed members of the Bibas family in the area of Khan Younis in southern Gaza on Oct. 7. The fate of the Bibas family has been murky. Israeli officials have not confirmed the claim. The Bibas family was taken from Kibbutz Nir Oz, a town along Israel’s border with Gaza where more than 70 of the roughly 240 hostages were seized. Israeli officials estimate that about 130 hostages remain in captivity, although at least 30 of those are thought to be dead.
Persons: Khan Younis, Ofri Bibas, Levy, Yarden Bibas, Shiri, Ariel, Kfir, ” Ms, Bibas, Kibbutz Nir Oz Organizations: New York Times, Hamas Locations: Israeli, Gaza, Israel’s
The New York Times Company added 300,000 paid digital subscribers in the fourth quarter of 2023, the company said on Wednesday, helping to push annual revenue for digital subscriptions above $1 billion for the first time. The Times reported total revenue of $676.2 million in the last three months of the year, essentially flat compared with a year earlier. Adjusted operating profit increased 8.5 percent, to $154 million. It was “a strong year for The Times that showcased the power of our strategy to be the essential subscription for every curious person seeking to understand and engage with the world,” Meredith Kopit Levien, the company’s president and chief executive, said in a statement. The company has focused in recent years on pushing a bundle of products to subscribers: its core news report as well as games like Wordle and Spelling Bee; its product review site, Wirecutter; a recipe app; and The Athletic, its sports news website.
Persons: ” Meredith Kopit Levien Organizations: New York Times Company, The Times, Athletic
We here at New York Times Cooking love a good cry, whether we’re attending a wedding, watching that one episode of “The Last of Us” or chopping three pounds of onions for French onion soup. As Sara Bonisteel notes in her recipe, which has five stars and over 5,000 reviews, you’ll spend a good bit of time caramelizing all those onions, but it’s always worth the wait (and tears). A deeply flavored, savory-sweet bowl of sable-brown French onion soup on a cold winter weekend? Featured RecipeView Recipe →Considerably quicker to make is Lidey Heuck’s sheet-pan chicken and potatoes with feta, lemon and dill, which comes together in weeknight time (45 minutes, plus whatever marinating time you can manage) but looks and feels weekend-fancy. The feta and lemon provide necessary acidity to level out the luscious potatoes and crisp-skinned chicken thighs; all you need to add is a simple green salad.
Persons: we’re, Sara Bonisteel, you’ll, it’s Organizations: New York Times
Comfort Cooking Beyond Casseroles
  + stars: | 2024-01-25 | by ( The New York Times Cooking | ) www.nytimes.com   time to read: +1 min
Any conversation about comfort cooking has to include roast chicken. Colu Henry’s roast chicken with maple butter and rosemary is a little sweet, a little salty, very savory and tremendously comforting. Ali Slagle’s recipe really lets you slouch into it, too. Love Your LeftoversThe herbal-sweet, rosemary-maple flavors of the roast chicken would be really nice in Ali’s 10-minute chicken salad with fennel and charred dates. And leftover roasted peppers, greens and beans would convert quite easily into a quick minestrone.
Persons: Ali Slagle’s, brownie, Samantha Seneviratne’s brookies
AdvertisementAfter a period of "wild west" investing in AI, Blank believes activity will favor AI companies that respect artists' consent and compensation. It recently co-led a $1 million seed round in Conduiit, which centralizes entertainment companies' production finance operations. Endeavor Venture InvestmentsEndeavor Venture Investments is the venture arm of entertainment and sports behemoth Endeavor. SWaN & LegendThe Virginia-based VC firm has a broad consumer portfolio that includes a number of entertainment investments. With Hollywood in contraction, SWaN has largely hit pause on new entertainment investments to get its portfolio companies on a strong footing.
Persons: Michael Blank, Blank, Jon Miller, Miller, Slack, Garnet Heraman, BDMI, Urs Cete, Michael, TMRW, Tiger Woods, Rory McIlroy, Elysian Park Ventures Jay Adya, Grant Lamos, Tom Brady, Gotham Chopra, Michael Strahan, Jay Adya, Morgan, Kushaan Ahuja, Drew Glover, Glover, Alex Harris, they've, Noah Doyle, Payback India, Jed Katz, Rich Greenfield, Rich, Ilya Pozin, Jamie Seltzer, LightShed, Steve Cohen's, it's, Sri Chandrasekar, Tripp Shriner, Ishan Sinha, That's, Wondery, Ian Doody, Raine, Gordon Rubenstein, Joe Ravitch, Jeff Sine, , Fred Schaufeld, SWaN, that's, Oscar, Jose, Schaufeld, Sam Wick, Alex J, Investcorp, Paul Yoo, Edgar Bronfman Jr, Daniel Leff, Waverley, Leff Organizations: Service, Creative Artists, Connect Ventures, Business, Hollywood, Veteran, TPG, Integrated Media Co, Advancit, CAA, Bertelsmann, Waverley, Octopus Ventures, Accel, Facebook, Venture, Aperture Venture, Bertelsmann Digital Media Investments, Fremantle, Connect, CAA Connect Ventures, New Enterprises Associates, TMRW Sports, Disney, Universal, Elysian Park Ventures, Elysian, Sports, Endeavor Venture, Endeavor Venture Investments, behemoth Endeavor, Dapper Labs, Fiat Ventures, Fiat Ventures Fiat Ventures, Fiat, Payback, Rent, LightShed, Rich Greenfield Influential, LightShed Ventures, Pluto, Apple, Octopus Ventures Octopus Ventures, Investments, Corp, Etsy, Re, Point72 Ventures New York Mets, Range Media Partners, Point72 Ventures, Sri, Powerhouse, Athletic, The New York Times Co, Evolution Media, Creative Artists Agency, Astro, Rave Digital Media, Accel Entertainment, Jose Andrés Media, Berliner, UTA Talent, UTA, UTA Ventures, Ventures, VR, Amazon, PFL Locations: blockchain, , Conduiit, fintech, London, Australia, Papercup, Los Angeles, Virginia, UTA.VC
Citizens of Thailand, the Philippines and Russia, who were freed through separate talks, also numbered among the hostages Hamas released. The New York Times compared the Israeli data with lists of the Palestinians released each day by the Palestinian Authority’s Commission for Prisoners’ Affairs. The Israeli data shows that three-quarters of the released Palestinians had not been convicted of a crime. More than half of the cases were being prosecuted in Israeli military courts, which try Palestinians in the occupied West Bank but not Israeli settlers who live there. Nearly all Palestinians tried in Israeli military courts are convicted, and those accused of security offenses can be imprisoned indefinitely without charge or trial.
Persons: Israel Organizations: New York Times, Palestinian, Commission, Prisoners ’ Affairs, West Bank Locations: Thailand, Philippines, Russia, Gaza, Israel
7 Kaleidoscopic Cookies to Keep Your Holidays Bright
  + stars: | 2023-12-01 | by ( ) www.nytimes.com   time to read: +10 min
If you make it a little bit too loose, you can always add a little bit more confectioner sugar in. It’ll fully dry after like six hours, but it’ll start to get a little bit crusty and a little bit thick. The most important thing to do and I know it feels like you don’t have to, I thought I didn’t have to when I first started working with royal icing, but it’s resting the royal icing. You’re going to decorate your cookies, and they’re going to look amazing. And then 30 minutes later, they’re going to bubble up on top of the cookies, and you don’t want that.
Persons: Samantha Seneviratne, I’m, you’re, it’s, I’ll, , It’s, Aw, Organizations: The New York Times, New York Times Locations: The
Vice President Kamala Harris, President Isaac Herzog of Israel, Elon Musk and other leaders in business and politics spoke on everything from artificial intelligence, economic tensions between the United States and China, and Hamas’s Oct. 7 attacks on Israel at the annual DealBook Summit in New York on Wednesday. She has been tasked with wooing advertisers back to the platform after many were spooked by Mr. Musk’s erratic posts. [For select interviews from today’s DealBook Summit, follow and listen to our limited podcast series.] Vice President Kamala Harris defended the Biden administration’s economic record, as polls show that the president trails Donald J. Trump in battleground states ahead of the 2024 election. Ms. Harris said President Biden has done more to tackle inflation “than most advanced economies” but more work was needed to convince voters.
Persons: Kamala Harris, Isaac Herzog of Israel, Elon Musk, Andrew Ross Sorkin, , Linda Yaccarino, Donald J, Trump, Harris, Biden Organizations: The New York Times, today’s DealBook, Biden Locations: United States, China, Israel, New York
Gifts That Change Lives - The New York Times
  + stars: | 2023-11-18 | by ( Nicholas Kristof | ) www.nytimes.com   time to read: 1 min
Wondering what to give friends and relatives this holiday season? Here are ideas for gifts that change lives. This is also a milestone because I’m joining forces with what used to be called The New York Times Neediest Cases Fund, founded more than a century ago so the newspaper and readers could together help people struggling during the holiday season. We’ve reinvented it as The New York Times Communities Fund, and the three nonprofits on my list will also be on the roster supported by the Communities Fund. Our joint aim is to encourage more donations based on rigorous evidence of effectiveness for readers who seek to donate money as intelligently as they earn it.
Persons: I’ve, We’ve Organizations: New York Times, New York Times Communities Fund, Communities Fund
Pro-Palestine media workers protested Western news outlets' coverage of the conflict in Gaza. The protestors gathered at a press freedom gala in Manhattan Thursday night. ET, chanting and handing out a mock newspaper printed in the style of the Times and titled "The New York War Crimes." Noah Hurowitz/Business Insider"I wish you knew what you were talking about," muttered Michael Golden, a businessman who served until 2016 as vice-chairman of the New York Times Company. "I know how the New York Times works, and they don't," he said, as a woman accompanying him urged him to stop talking.
Persons: , Meredith Kopit Levien, Harron Walker, Walker, Noah Hurowitz, Michael Golden Organizations: Palestine, Service, New York Times, Times, Protect Journalists, West Bank —, New York Times Company, Gaza Ministry of Health, Hamas Locations: Gaza, Manhattan, Midtown Manhattan, Israel, Palestine, York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney is making some progress in an extremely difficult environment, says NY Times’ Jim StewartThe New York Times columnist James Stewart joins ‘Squawk Box’ to discuss Disney's path to profitability, what the company's latest quarter suggests on its progress, and more.
Persons: Jim Stewart The, James Stewart Organizations: Disney, NY, Jim Stewart The New York Times
Opinion: Biden is in trouble
  + stars: | 2023-11-10 | by ( Julian Zelizer | ) edition.cnn.com   time to read: +7 min
The theory is that, by focusing on reproductive rights, as well as other issues that have strong national support, such as fighting climate change, the Biden campaign will be able to overcome the challenge posed by the president’s low approval rating. There are also serious questions being raised about whether abortion rights are as motivating for voters as some Democrats think. But when it comes to a national election featuring two candidates, abortion may just be one of many issues, with differing political impacts, he argued. According to a New York Times/Siena College poll, former President Donald Trump is currently ahead of Biden in five out of six battleground states. With key voters saying they trust Trump more on issues including immigration, the economy and national security, Biden could be in serious trouble in Arizona, Georgia, Michigan, Nevada and Pennsylvania.
Persons: Julian Zelizer, Joe Biden, Kamala Harris, Biden, George W, Bush’s, Massachusetts Sen, John Kerry, Bush, Hurricane, Kerry, , David Leonhardt, Tim Ryan, Vance, Leonhardt, Donald Trump, Trump Organizations: CNN, Princeton University, The New York Times, America, Democrats, Republican, GOP, Kerry, Swift, Veterans, Truth, Texas Air National Guard, US Air Force, paragon, Fox News, New York Times, Democratic, Ohio, Siena College, White, Trump Locations: Virginia , Ohio, Kentucky, Massachusetts, Iraq, Vietnam, Michigan, Arizona , Georgia, Nevada, Pennsylvania
The New York Times now has more than 10 million subscribers, the company said on Wednesday, edging closer to its goal of 15 million by the end of 2027. In its third-quarter report, The New York Times Company said it had added 210,000 net digital-only subscribers in the three months through September, giving it 9.41 million along with 670,000 print subscribers. The Times Company has focused on getting subscribers to sign up for more than one of its offerings, which include the core news report, Cooking, Games, the Wirecutter review site and the sports news site The Athletic. Nearly 3.8 million of the 9.41 million digital-only subscribers are subscribed to at least two products, the company said. Meredith Kopit Levien, the company’s president and chief executive officer, said in a statement that the third-quarter results showed that The Times’s “multiproduct bundle” was performing well and would “further us down the path to building a larger, more profitable company.”
Persons: Meredith Kopit Levien, Organizations: New York Times, New York Times Company, The Times Company
Disney to report Wednesday: Here's what you need to know
  + stars: | 2023-11-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney to report Wednesday: Here's what you need to knowJames Stewart, The New York Times columnist, joins 'Closing Bell' to discuss streaming companies stocks as Disney is set to report earnings tomorrow.
Persons: James Stewart Organizations: Disney, The New York Times
The job market or spending? The spending argument: But there have been instances in which spending weakened before the job market. “I think it starts with the perception of the labor market,” Drew Matus, chief market strategist at MetLife Investment Management, told CNN. The ticket-industry giant said it has sold a record 140 million tickets so far this year, up 17% year-over-year and has already surpassed the 121 million tickets sold in all of 2022. In the third quarter, Ticketmaster sales surged 57% to $833 million and 90 million fee-bearing tickets were sold in the period.
Persons: can’t, ” Shannon Seery, “ It’s, ” Seery, Luke Tilley, ” Tilley, Jerome Powell, ” Drew Matus, , Taylor Swift, Parija Kavilanz, Swifties, Taylor, Michael Rapino, Beyoncé, Harry Styles, Bunny, Jonas Brothers, Bruce Springsteen, Lisa Cook, Michael Barr, Jeffrey Schmid, Christopher Waller, John Williams, Lorie Logan, Ralph Lauren, Steve Madden, Phillip Jefferson, Raphael Bostic, Tom Barkin, Christine Lagarde Organizations: CNN Business, Bell, DC CNN, CNN, Employers, Investment Advisors, Companies, National Bureau of Economic Research, CNN Wednesday, Federal, MetLife Investment Management, Ticketmaster, Ryanair, Goodyear, Fed, Reserve Bank of Australia, Uber, Occidental Petroleum, KKR, The Carlyle Group, US Commerce Department, Biogen, Warner Bros, Teva Pharma, The New York Times Company, Armour, SeaWorld, MGM Resorts, China’s National Bureau of Statistics, Sony Group, Astrazeneca, Tapestry, News Corp, US Labor Department, Soho House, National Statistics, European Central Bank, University of Michigan Locations: Washington, Wells, Wilmington, Lyft, Brookfield, Soho
If You Think Socialism Is Unpopular Now...
  + stars: | 2023-09-27 | by ( James Freeman | ) www.wsj.com   time to read: +1 min
Photo: Anna Moneymaker/Getty ImagesThis column has lamented the modern evolution of the New York Times from left-leaning journalism to edgy content for progressives—“a juicy collection of great narratives,” in the words of the Times’s former media columnist. Having decided to cater to a limited and fiercely ideological slice of the public with its flagship newspaper, the New York Times Co. then opted to look for growth in entertainment products with broader appeal. But the reaction to a New York Times column this week raises the exciting possibility that even the newspaper’s readers have consumed about all the juicy progressive narratives they can stand. It’s unclear whether this is a precise reading of liberal sentiment, but one dares to hope that the entire Democratic Party might finally be ready to evolve out of its era of radical excess. The timing could be perfect as a warning from one influential leftist suggests that many of the party’s voters still don’t realize how much their ideas will cost them.
Persons: Anna Moneymaker, Organizations: New York Times, New York Times Co, Democratic Party
LOS ANGELES (AP) — He emerged in front of piercing, sunset-colored LED screens that flashed like strobe lights, percussion pulsing from the stage to the audience floor. For an artist well known for over a decade, Jai Paul made this tour opener feel like the first time. Before Jai Paul hit the stage at Los Angeles' Mayan Theater on Tuesday night, he'd only performed a handful of times, and never before this year. A decade later, he made his live debut at Coachella 2023, then performed two nights in London and New York. On Tuesday night in Los Angeles, he kicked off a new tour leg.
Persons: Jai Paul, he'd, He's, Gallagher, Paul, , they'd, “ BTSTU, — Paul, Drake, Beyoncé, Prince, “ Jasmine, Ed Sheeran, ” Jai Paul Organizations: ANGELES, Mayan, XL Records, New York Times Locations: Los Angeles, British, London, New York, Mumbai
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