Edition: U.S. / Global

Business Day

Wednesday, October 22, 2014

Economic Scene

A Retreat From Weather Disasters

As the damages wrought by increasingly disruptive weather patterns have climbed around the world, the insurance industry seems to have quietly engaged in what looks a lot like a retreat.

Mantoloking, N.J., after Hurricane Sandy in 2012.
Michael Reynolds/European Pressphoto Agency

Mantoloking, N.J., after Hurricane Sandy in 2012.

Enforcer at Treasury Is First Line of Attack Against ISIS

David Cohen, a Treasury under secretary, discusses the battle to choke off the flow of illicit revenue to the Islamic State.

Thierry Desmarest and Patrick Pouyanné to Lead Oil Giant Total After Chief’s Death

The company is splitting its chief executive and chairman jobs, bringing back a former chief, with a plan for Mr. Pouyanné to lead it into 2016.

Ben Bradlee, Washington Editor and Watergate Warrior, Dies at 93

Mr. Bradlee, a quintessential newspaper editor, supervised The Washington Post’s exposure of the Watergate scandal that led to the resignation of President Richard M. Nixon.

Few Answers After an Alert on Takata Air Bags

A National Highway Traffic Safety Administration site that allows drivers to look up a car by vehicle identification number was not responding, and calls were put on hold.

DealBook

After JPMorgan Chase Breach, Push to Close Wall St. Security Gaps

Regulators are said to be discussing how to improve a critical area of cybersecurity: outside vendors, including law, accounting and marketing firms and even janitorial companies.

DealBook

States Ease Interest Rate Laws That Protected Poor Borrowers

Lawmakers in several states have voted to increase the fees or the interest rates that lenders can charge on personal loans used by millions of poor or financially struggling borrowers.

Solar Energy Discounts Become Employee Perk in New Program

Originally conceived by campaigners at the World Wildlife Fund, the initiative uses bulk purchasing power to allow for discounts on home systems.

Insight & Analysis
State of the Art

Apple’s Silky Smooth Integration May Seduce You for Keeps

The tech giant has succeeded in ensuring that its phones, tablets and computers work seamlessly together. You might never leave.

IPad Air 2 and Mini 3 Review: Fantastic, but Largely Unnecessary, Tablets

The iPad Air 2 is substantially faster than its predecessor, and both it and the Mini 3 include Touch ID and Apple Pay. Needless to say, both products are costly.

Bits Blog

Google Unveils Inbox, a New Take on Email. And Possibly a Replacement for Gmail.

Google has created a new app for people to manage their overflowing inboxes.

When the Buck Stops Here. And Here.

Two heads can be better than one in a start-up. but sometimes one needs to take charge to have a clear chain of command.

Bits Blog

The Nature of the IBM ‘Crisis’

The challenge for IBM today is very different from the crisis it faced in the 1990s. It is financially strong and more nimble, but there are echoes of the past.

You’re the Boss Blog

What Would You Pay for This Wholesale Distributor?

Several competitors have tried to take market share away from this company, but it has very strong customer loyalty.

Disruptions

Meet Facebook’s Mr. Nice

Arturo Bejar is trying to create empathy among teenage users to curb cyberbullying and harassment.

Sinosphere Blog

China Putting on Its Shiniest Face for Economic Summit

Now that China is the world’s second-largest economy, its leaders have proved willing to throw some cash around to ensure this year’s APEC summit meeting fully represents the country’s transformation into an economic giant and important geopolitical player.

Your Money Adviser

Finding the Best Ways to Cut Utility Costs

A wide variety of alternative and “smart” gadgets, including advanced power strips and high-efficiency light bulbs, can help consumers conserve energy.

Nelson Bunker Hunt, 88, Oil Tycoon With a Texas-Size Presence, Dies

The eccentric scion of a prominent Dallas family that made a fortune in oil, Mr. Hunt tried and failed to corner the world’s silver market in 1980.

Square Feet

A Teardown Builds Up a Delaware Housing Development

The Flats, affordable housing for working-class families in Wilmington, is being reconstructed to be larger and more energy-efficient.

From the Magazine
It's the Economy

Can You Uber a Burger?

Surge-pricing comes to the restaurant industry.

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Markets »

From Sunday Business

Behind Private Equity’s Curtain

Public pensions have invested billions of dollars in buyout funds, but the terms — including some startling fees — are big secrets.

Of Virtue and Vice, and a Vatican Priest

Accused of money laundering, Msgr. Nunzio Scarano said he was holding money for charity. But some see him as a symbol of a financial system gone awry.