For Unions and New York City Hall, an Open-Door Relationship Turns Complex


Here is the latest Finance News from The New York Times.

For Unions and New York City Hall, an Open-Door Relationship Turns Complex
Early in Mayor Bill de Blasio’s tenure, unions were among his biggest supporters. Now, with the possibility of a re-election fight looming, they are beginning to wonder if they should stick with him.

F.D.A. Bans Sale of Many Antibacterial Soaps, Saying Risks Outweigh Benefits
The agency said manufacturers had failed to prove the products were safe to use over the long term or more effective than using ordinary soap and water.

Microsoft’s Challenge to Government Secrecy Wins Dozens of Supporters
Tech companies, civil liberties groups and media organizations are planning to back Microsoft’s resistance to government attempts to snoop on customers.

Is EpiPen a Brand-Name or a Generic Drug? Mylan Casts It Both Ways
The drug company has listed the device as a generic to the government, possibly leading state Medicaid programs to overpay for it by millions of dollars.

Reinhard Selten, Whose Strides in Game Theory Led to a Nobel, Dies at 85
Professor Selten shared the Nobel Prize with John C. Harsanyi and John F. Nash Jr. for their pioneering advances in strategic decision -making.

Breakingviews: Yum Brands in China Adds Owners With Skill and Connections
Alibaba’s mobile-payment affiliate and a private-equity firm will buy part of Yum’s China unit for a good price, but the deal may also pay off for Yum.

Jared Fogle Blames Parents of One of His Victims for Her Distress
The former Subway pitchman, who pleaded guilty to sex acts with minors and distribution of child pornography, made the claim in a response to the parents’ lawsuit against him.

Opinion: The Lesson of EpiPens: Why Drug Prices Spike, Again and Again
Patients may have won a battle over the high cost of EpiPens. But they are losing the war on exorbitant drug prices.

Your Money Adviser: How Students and Parents Can Spot I.R.S. Impersonators
Telephone scammers have been targeting students and parents with calls demanding payments for a “federal student tax.”

Another View: Why No Punishment for Financial Executives? Fannie Mae Is Case Study
After five years of litigation, the S.E.C. settled its fraud case against Daniel Mudd, the former chief executive of Fannie Mae, for a mere $100,000.

Deal Professor: Lawyers Burnish Tesla’s Deal for Solar City
A securities filing tries to smooth over the conflict of interest stemming from Elon Musk’s ownership interest in both companies.

Hillary Clinton Unveils Plan to Address ‘Excessive’ Increases in Drug Prices
Amid an uproar over the steep rise in the cost of EpiPens, Mrs. Clinton said she would create a team of federal officials to protect consumers by monitoring rises in price.

How Spy Tech Firms Let Governments See Everything on a Smartphone
The NSO Group sells expensive surveillance tools for criminal and terrorism inquiries, but critics say they are also used to track journalists and rights activists.

Trapped in a Tollbooth, and Targeted for Harassment
While the advent of electronic tolls has reduced the number of human toll takers, women who still do the job in the New York area say they are often subjected to crude behavior by drivers.

Retiring: Love and Burnout: Caregivers, Too, Need Care
The stress of caring for loved ones with Alzheimer’s and other terminal illnesses can have long-lasting consequences. Reaching out for support is critical.

Yum to Sell Stake in China Business Ahead of Spinoff
KFC and Pizza Hut owner Yum Brands Inc said Chinese investment firm Primavera Capital and an affiliate of Alibaba Group Holding Ltd will buy a stake in Yum China for $460 million as Yum prepares to spin off the business.

Factory Orders Up 1.9 Percent in July
The increase was propelled by a big jump in demand for commercial aircraft.

‘This Is Not My Child.’ JetBlue Flies 2 Boys to Wrong Cities, Mother Says.
When Maribel Martinez went to pick up her 5-year-old son at J.F.K., she was presented with an unknown child clutching her son’s passport.

Gatorade Shakes Up the Sport Drink by Going Organic
The organic version will be made up of seven ingredients, will come in lemon, strawberry and mixed berry flavors and will be sold in select markets this fall.

Ireland to Appeal Tax Ruling in Apple Case
The country’s cabinet unanimously agreed to fight the $14.5 billion decision, and politicians are expected to debate it next week.

Q. and A.: Samsung’s Recall: The Problem With Lithium-Ion Batteries
The type of battery used in Samsung’s recalled smartphones is lightweight and powerful, and it has a troubled history.

No, the Internet Has Not Killed the Printed Book. Most People Still Prefer Them.
Americans’ appetite for reading books — ones you actually hold in your hands — has not slowed in recent years, says a Pew Research Center survey.

Corner Office: Ben Chestnut of MailChimp: Learn to Love the Job You’ve Got
The C.E.O. of MailChimp credits a résumé mix-up with teaching him to embrace the opportunity that’s available, whether it qualifies as a passion or not.

Popcast: Popcast: The Pop Star Struggle in the Age of Social Media
With celebrities so accessible online they have to go above and beyond when meeting fans in the arena.

Your Money: ‘What if You Weren’t Afraid?’ and 4 More Money Questions From Readers
Not surprisingly, parents and their values influenced how readers said they made decisions about saving, spending and giving.

Presidential Debate Moderators Are Set, With Lester Holt for the First
Chris Wallace, Martha Raddatz and Anderson Cooper were also picked by the Commission on Presidential Debates.

Tobacco Industry Works to Block Rules on E-Cigarettes

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