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DealBook

@dealbook

New York Times columnist Andrew Ross Sorkin and his colleagues help make sense of major business and policy news — and the power-brokers who shape them.

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linkhttp://dealbook.nytimes.com/ calendar_today24-10-2008 19:47:47

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Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the company’s bankruptcy lawyers said on Tuesday. nyti.ms/3QDT7ES

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Uber reported earnings on Wednesday that disappointed investors, as mounting legal bills and weaker ride demand in some parts of the world led to a shortfall compared with analysts’ forecasts. nyti.ms/3UQITmW

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Travel-focused AI bots and more eco-friendly transportation options in online maps and search tools can help you quickly organize your seasonal getaway. nyti.ms/3wp5e1E

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The New York Times Company gained 210,000 digital subscribers last quarter, largely users who signed up for a bundle of services including news, games and sports coverage through The Athletic, the company said on Wednesday. nyti.ms/3JX1Wpe

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A Hong Kong court on Wednesday granted a government request to ban a popular pro-democracy anthem, raising further concerns about free speech in the city. nyti.ms/3wht7Iv

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A year after one of Norfolk Southern’s freight trains derailed, spilling hazardous chemicals in an Ohio town and raising questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits. nyti.ms/3UQzzzz

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Prosecutors have called the Archegos blowup an “historic” case of market manipulation but even the judge wondered last year about Bill Hwang’s endgame. It will be up to a jury to decide his fate nytimes.com/2024/05/08/bus…

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In today’s DealBook: Sapna Maheshwari breaks down TikTok’s legal strategy to beat a ban in the US; Michael de la Merced on FTX customers getting repaid; Ephrat Livni on a new anti-E.S.G. effort; @laurenshirsch on the lack of politics debate at the Milken conference; & more nyti.ms/4b9n4Vh

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The Biden administration is spending billions to reconnect communities of color that have been fragmented by highways. Some projects have stirred debates over how to mend longstanding harms. nyti.ms/4drNlzV

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NEW: TikTok sues the US government over the new law calling for a sale or a ban of the app. read more here about today's filing: nytimes.com/2024/05/07/bus… w David McCabe

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Disney blew past Wall Street’s expectations for a second consecutive quarter on Tuesday, in part because its flagship streaming service made money — a first. nyti.ms/4dIEXfF

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As experts warn that images, audio and video generated by AI could influence the fall elections, on Tuesday OpenAI said it would share a tool designed to detect content created by its own image generator, DALL-E, with a group of disinformation researchers. nyti.ms/3UqkWS2

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Binance employees met w/Nigerian lawmakers & were told as meeting was ending that a swift, secret payment could solve all their problems. They fled the country. One later returned thinking he’d be helping officials w/a bribe investigation. He was arrested nytimes.com/2024/05/07/tec…

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A look at the Invisible Institute, a tiny Chicago newsroom that won two Pulitzers today:
nytimes.com/2024/05/06/bus…

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The salad restaurant chain Sweetgreen announced Tuesday that steak would be available in its locations nationwide, a first for the company, which wants to be carbon neutral by 2027. Beef is a big contributor to climate change. nyti.ms/4dofN5L

The salad restaurant chain Sweetgreen announced Tuesday that steak would be available in its locations nationwide, a first for the company, which wants to be carbon neutral by 2027. Beef is a big contributor to climate change. nyti.ms/4dofN5L
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The FAA has opened a new investigation into Boeing after the plane maker told the regulator that it might have skipped required inspections involving the wings of some 787 Dreamliners. nyti.ms/3Uuwbcb

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In today’s DealBook: Andrew Ross Sorkin and Michael de la Merced dig into Blackstone’s flagship BREIT real estate fund and the debate over its valuations; @laurenshirsch reports from the Milken Institute Global Conference; and Ephrat Livni on the Met Gala’s numbers nyti.ms/4abo3Dp

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Over her 20 years as director of the International Ladies’ Garment Workers’ Union, Min Matheson repeatedly faced down mobsters in her fight for fair wages and safe conditions for women workers. nyti.ms/4b3Q5Sh

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Tesla no longer wants to take point on building out a charger network. Is anyone else up to the task? nyti.ms/4bsNEZg

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