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@dealbook

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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.

New York, NY
Joined October 2008
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@dealbook
DealBook
4 years
. @BillGates weighs in on taxing billionaires: “I’ve paid more than anyone in taxes.”
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@dealbook
DealBook
2 years
Tim Cook of Apple reveals that he has personally invested in cryptocurrency. “I think it’s reasonable to own it as part of a diversified portfolio,” he said at the #DealBook Online Summit.
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@dealbook
DealBook
1 year
Since Sam Bankman-Fried launched the company FTX, its executives and its philanthropic arm spent or pledged hundreds of millions of dollars in political and charitable contributions, consulting fees, investments in media outlets and real estate.
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@dealbook
DealBook
2 years
How can women reach economic and professional parity? Meghan, the Duchess of Sussex, and @MellodyHobson share top-down solutions with @andrewrsorkin at the #DealBook Online Summit.
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@dealbook
DealBook
6 years
Bank of America will stop lending money to gun manufacturers that make military-inspired firearms for civilian use, such as the AR-15-style rifles that have been used in multiple mass shootings.
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@dealbook
DealBook
5 months
Watch the live interview of Elon Musk from the DealBook Summit in New York. @andrewrsorkin will ask about Musk’s latest trip to Israel and the future of the tech billionaire's business empire.
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@dealbook
DealBook
2 years
Meghan, Duchess of Sussex, said paid parental leave would not just benefit women, but men too. “If you know that you can have that quality time,” she told #Dealbook Online Summit, “the ripple effect is huge. But men have to be a part of that.”
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@dealbook
DealBook
2 years
Meghan, The Duchess of Sussex, the co-founder of Archewell, will join us at the DealBook Online Summit on Nov. 9, with Mellody Hobson of Ariel Investments. They will discuss how women can reach economic and professional parity. Register to join us:
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@dealbook
DealBook
3 years
In today's DealBook newsletter: exclusive details on Harry and Meghan's new jobs in sustainable investing; an earnings season preview; China's property problem by the numbers; Acorns hires its first C.I.O.; and more.
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@dealbook
DealBook
3 years
Exxon Mobil has apologized after a lobbyist detailed the company's efforts to weaken President Biden's climate agenda and said Exxon had in the past fought climate science through “shadow groups.”
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DealBook
2 years
"We can all agree that people need support, especially when they've had a child," said Meghan, the Duchess of Sussex, at the #DealBook Online Summit. "Paid leave, from my point of view, is a humanitarian issue."
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@dealbook
DealBook
2 years
"When my life and lifestyle were very different, I always stood up for what was right." — Meghan, the Duchess of Sussex, at the #DealBook Online Summit
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DealBook
2 years
British taxpayers will cover the huge price tag for Queen Elizabeth’s funeral at a time when many in the country are struggling to pay their bills and are bracing for difficult winter.
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@dealbook
DealBook
3 years
"I’m very, very open to a carbon tax, carbon dividend, where there’s a tax on oil companies and coal companies," Senator Mitt Romney said at the DealBook DC Policy Project. #DealBookDC
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@dealbook
DealBook
4 years
. @BillGates says he’s not convinced by Senator Elizabeth Warren’s wealth tax, which includes a proposal to aggressively tax billionaires. “I don’t know how open-minded she is or if she’d even be willing to sit down with somebody who has large amounts of money.”
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DealBook
1 year
King Charles’s tie-in to the divisive Northern Ireland trade agreement drew angry recriminations from critics who viewed it as an improper foray into British politics.
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DealBook
2 years
"Often when we talk about diversity, we have this multicultural umbrella where we put everyone together, women, minorities. It’s all rolled up together, and it masks all the underrepresentation.” -- Mellody Hobson at the #DealBook Online Summit.
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@dealbook
DealBook
6 years
“I was never motivated by money,” said Martin Shkreli, wearing dark prison scrubs and sitting at the defense table. He cried as he gave his statement, dabbing at his eyes with a tissue.
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@dealbook
DealBook
2 years
In today's DealBook newsletter: the big q's for Tim Cook, Meghan the Duchess of Sussex and more at the DealBook Online Summit; how a resignation could reshape the Fed; @laurenshirsch on the legal angles of the Biden vaccine fight; and more
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@dealbook
DealBook
1 year
“I'm not built to be famous,” @BenAffleck told @andrewrsorkin in an interview at today's #DealBookSummit . Follow updates here:
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DealBook
2 years
"I have found myself having, at times, to modulate myself in order to win. I don't think there's anything wrong with that. Sometimes I can also be big." — Mellody Hobson at the #DealBook Online Summit
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DealBook
3 years
We need to be more successful in addressing mental health-related calls that come into 911 centers, says Tucson police chief @ChiefCMagnus , who says we should place mental health professionals in centers to help triage calls.
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@dealbook
DealBook
6 years
“People have gone to prison for stuff like this, and if I were representing someone with facts like this, assuming the facts described in this petition are true, I would be very worried about an indictment.”
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@dealbook
DealBook
3 years
“This epidemic of gun violence is a choice,” says @ChrisMurphyCT . “Passing a national requirement that no gun be sold without the purchaser passing a background check will save thousands of lives.”
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DealBook
3 years
"Minimum wage right now is $7.25 an hour. Going to $15 an hour is such a huge leap that a lot of small businesses just won’t be able to make it," Senator Mitt Romney said at the DealBook DC Policy Project #DealBookDC
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@dealbook
DealBook
4 years
Taking 42 years to reach $1 trillion in value, Apple took just two more years to get to $2 trillion. All of Apple’s second $1 trillion came in the past 21 weeks, while the global economy shrank faster than ever before in the coronavirus pandemic.
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DealBook
3 years
In the first hours of his presidency, @HeidiHeitkamp says President Biden should launch a new initiative: Operation Honor Our Tribal Treaties, which would include increased access to healthcare, secure housing and school infrastructure for tribal members.
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@dealbook
DealBook
6 years
It was the first passenger fatality in the 51-year history of Southwest, which prides itself on a stellar safety record. Here's the potential fallout:
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@dealbook
DealBook
3 years
. @ewarren at the #Dealbook Online Summit, on whether or not she would investigate President Trump after he leaves office: "We are a rule of law nation and that means we need to hold people accountable when they break the law."
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DealBook
3 years
“For years, brain drain has plagued noncoastal cities in America, with talent and companies relocating to a handful of cities on the coasts,” says @prithwic . “Fostering ‘work from anywhere’ is an opportunity to reverse that trend.”
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DealBook
3 years
On Donald Trump, Senator Mitt Romney at the DealBook DC Policy Project said: "I don't know if he'll run in 2024 or not, but if he does I'm pretty sure he will win the nomination." #DealBookDC
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DealBook
4 years
Scott Becker, the head of the nation’s public lab association, on coronavirus testing: “We’re absolutely a few weeks behind where we should be.” He added, “There is no way you can sugarcoat that.”
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@dealbook
DealBook
5 years
Indra Nooyi, the former C.E.O. of PepsiCo, on her Brahmin upbringing, the challenges women face in corporate America and why she's not going to tell anyone what to eat or drink
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@dealbook
DealBook
2 years
The DealBook Online Summit is nearly here. We’re bringing together top newsmakers in business and policy, including Tim Cook of Apple; Secretary of State Antony Blinken; Mary Barra of G.M.; Meghan, The Duchess of Sussex; Albert Bourla of Pfizer; and more.
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@dealbook
DealBook
3 years
“The American dream has become a disappointment, or worse, for too many,” says @BillAckman , who argues that the government could fund investment accounts for every child born in America in a program called Birthright.
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DealBook
3 years
"My prediction would be that over 50% of business travel and over 30% of days in the office will go away." -- @BillGates on post-pandemic working habits at the #Dealbook Online Summit
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@dealbook
DealBook
6 years
Trump’s top economic adviser, Larry Kudlow, said that the administration had to be tougher on spending and would begin to consider “the larger entitlements” — Social Security and Medicare are the two biggest social insurance programs — “probably next year”
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DealBook
3 years
We must start cutting emissions in the four energy sectors: electric utilities, vehicles, buildings and industry, says @hal_harvey . “All have a path to zero carbon, and none must entail sacrifice, but each requires a national commitment,” he says.
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DealBook
3 years
“Fewer than 1 in 5 young Americans move smoothly from high school to college to career," says @oren_cass . “Rather than lavish resources on college students and leave everyone else to fend for themselves, we should do the reverse.”
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DealBook
6 years
For those on Wall Street, who make a living negotiating, the deal struck by the president doesn’t look too artful. Not only that, it raises all sorts of questions about his ability extract concessions in future negotiations.
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DealBook
2 years
Adam Neumann joins @andrewrsorkin at the #DealBook Online Summit for his first conversation since leaving @WeWork . What has the co-founder learned? What’s next? Find out here.
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@dealbook
DealBook
4 years
Beauty mogul @KimKardashian and Jenner Communications CEO @krisjenner discuss their family’s legacy, the dangers of social media, branding and more. #DealBook
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DealBook
3 years
For many white-collar workers, the Delta virus surge this summer upended plans to return to the office. But there is an alternate universe of work in which millions of employees did not have the luxury of thinking about returning to the office at all.
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DealBook
6 years
President Trump is battling on a global front, taking aim at allies and adversaries alike. These countries are fighting back, drawing up retaliatory measures that go after products in President Trump’s political base. Here’s their plans:
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DealBook
3 years
We asked experts: If you could do one thing right now to help fix America — no matter how large or small — what would it be? You may agree or disagree with the ideas that follow but, at a minimum, hopefully they’ll make you think about what is possible.
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@dealbook
DealBook
2 years
We hope you can join us for the first day of the #DealBook Online Summit. The sessions start today at 10 a.m. Eastern with Tim Cook of Apple, and there is still time to register to attend.
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DealBook
2 years
The Texas school shooting has put a national spotlight on Daniel Defense and its aggressive, boundary-pushing style of weapons marketing. The company's sales have soared, in part because of successful targeting of young customers like the Uvalde gunman.
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DealBook
3 years
The German company BioNTech, founded by a husband-and-wife team of scientists, has partnered with Pfizer on a vaccine that was found to be more than 90 percent effective.
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DealBook
2 years
BP, one of the world’s largest oil companies, reported $8.5 billion in profit in the second quarter, easily beating expectations as high prices and constrained supply have driven up energy companies’ earnings.
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DealBook
5 years
The favorable treatment for banks is contributing to a steep decline in corporate tax revenues, which has helped sharply increase the federal budget deficit. Corporate receipts were down more than 25 percent, or nearly $60 billion.
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DealBook
3 years
Greenwood, a digital bank, is “a means of serving a community that has been primed as consumers, preyed upon by lenders and subject to vicious racial backlash,” says @KillerMike , its cofounder. “Greenwood is a symbol of what has been and what can be done.”
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DealBook
3 years
Bitcoin is "an extremely inefficient way of conducting transactions and the amount of energy that's consumed in processing those transactions is staggering," said Janet Yellen at the 2021 DealBook DC Policy Project #DealBookDC
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DealBook
2 years
In today's DealBook newsletter: questions we have for Antony Blinken, GM's Mary Barra, Dax Shepard and more at the DealBook Online Summit; what Tim Cook, Adam Neumann, Meghan, the Duchess of Sussex and more said at day 1; GE gets more specific; and more
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DealBook
5 years
Wayfair employees' walking out to protest company's work with migrant detention centers
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DealBook
3 years
"We can no longer view education as simply the things that go on inside that building we call ‘school,'" @MrKwameOK and Geoffrey Canada write. "We must broaden the focus of education to encompass the communities around the school building."
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DealBook
2 years
"In life, sometimes you are up and sometimes you are down," said — WeWork founder Adam Neumann at the #DealBook Online Summit
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DealBook
4 years
WATCH: @IBM CEO Ginni Rometty opens up about the Business Roundtable's mission: "Is this an inclusive era or a divisive era?" #DealBook
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DealBook
3 years
Some 22,000 student borrowers will automatically have debts totaling $1.7 billion wiped out because of the program changes, the Education Department said.
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DealBook
5 years
The F.D.A. has approved a new drug for osteoporosis. It builds bone at a rate normally seen in adolescents, studies have shown.
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@dealbook
DealBook
2 years
. @Apple C.E.O. Tim Cook sits down with @andrewrsorkin at the #DealBook Online Summit to discuss what's next for Apple — and the internet.
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DealBook
3 years
Online school has exacerbated the education gap, putting minority kids at a greater risk of falling further behind. Governments should commit to getting an internet-capable device to every student from kindergarten through 12th grade, says @marceloclaure .
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DealBook
2 years
Nobel Peace Prize winner Maria Ressa warned of a bleak future at today’s #DealBook Online Summit. “Our dystopia is coming for you,” she said. “It already has come for the United States.”
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@dealbook
DealBook
6 years
The founder of Papa John's resigned from the board of trustees of the University of Louisville and apologized for using a racial slur on a conference call in May.
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@dealbook
DealBook
2 years
WeWork's heady valuation at its height "made us feel like we were right, which made me feel that whatever style I was leading at was the correct style at the time," Adam Neumann said at the #DealBook Online Summit.
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DealBook
3 years
Larry Fink of BlackRock is putting the investment firm's considerable resources behind a plan to pressure companies to eliminate greenhouse gas emissions by 2050.
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@dealbook
DealBook
3 years
Tesla’s headquarters have been in Palo Alto for more than a decade, @nirajcwrites . Now the auto giant is one of several California companies to plan a move to Texas.
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DealBook
11 years
Why So Few Women Reach the Executive Rank http://t.co/Nc6CPOaySv
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DealBook
3 years
Treasury Secretary Janet Yellen at the DealBook DC Policy Project, about why it is taking so long to add Harriet Tubman’s portrait to the $20 bill. #DealBookDC
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DealBook
5 years
Tesla is about to get competition in the luxury electric vehicle market. Several months ago, Jaguar introduced its first electric model. Within the next 12 months, rival electrics will be available from Audi, Mercedes-Benz, Porsche and Volvo.
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DealBook
3 years
Postgraduate success doesn't get the attention it should, says @ChancellorCUNY , who says we need to take a far more active role in moving students onto career paths. How? Paid internships.
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@dealbook
DealBook
4 years
WATCH: @KimKardashian explains why she turned down a $1 million business deal. #DealBook
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DealBook
6 years
He grew up in the Soviet Union when it banned rock and roll and guitars were precious. So he started to build them.
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DealBook
4 years
More than $70,000 is quite a lot for any one person to spend on having his hair cut, blow-dried or colored. But what is remarkable about the revelation is that President Trump’s production company deducted his hairstyling expenses from its taxable income.
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@dealbook
DealBook
6 years
Google shielded three executives who were accused of sexual misconduct from the consequences that others faced.
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DealBook
10 years
You Don’t Have to Hate Your Job http://t.co/JIDDiUmTAc
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DealBook
7 years
Fake stories promoted with ads served by Google appeared on fact-checking sites created to dispel such falsehoods
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DealBook
10 years
You don’t have to hate your job. @tonyschwartz has 6 simple solutions that would make any workplace more desirable http://t.co/f6nENJ0qXt
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DealBook
5 years
The president may think he has gained the loyalty of the crown prince by standing by him, @andrewrsorkin writes. But if Congress moves to enact sanctions, the economic fallout could be serious for the kingdom.
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@dealbook
DealBook
6 years
“Junk,” the riveting reincarnation of the junk bond era now playing at Lincoln Center, is about as close to reality as theater gets
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@dealbook
DealBook
3 years
Treasury Secretary @JanetYellen discusses rebooting the economy, regulating financial markets and more. #DealBookDC
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@dealbook
DealBook
7 years
"It's like 1987 before the crash," says a hedge fund chief who believes market volatility is inevitable.
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@dealbook
DealBook
3 years
I’m feeling undervalued and underpaid at my new job I’ve only had for a year. Is it too soon to look for a new job? The latest Work Friend from @rgay
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@dealbook
DealBook
3 years
In today's weekend edition of the DealBook newsletter, @el72champs takes you on a tour of the cryptocurrency regulatory scene, highlighting the key people and developments to watch.
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@dealbook
DealBook
6 years
The founder of Papa John’s pizza apologized on Wednesday for using a racial slur to describe black people during a conference call. The call was reportedly to help him avoid public relations blunders.
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@dealbook
DealBook
6 years
Talking about the importance of diversity, @MellodyHobson takes the #DealBook stage. "It's important to live my life being unapologetically black and unapologetically female."
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@dealbook
DealBook
6 years
"The world of business has changed." @andrewrsorkin announces a new chapter for #dealbook as this year's conference opens.
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DealBook
1 year
To non-crypto watchers, news of the collapse of FTX might sound boring or esoteric. Within the crypto world, it is already being referred to as the industry’s “Lehman moment.”
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@dealbook
DealBook
8 months
FTX filed a lawsuit against the parents of Sam Bankman-Fried, accusing them of enriching themselves with money their son stole from customers. The couple received $10 million in cash and a $16.4 million home in the Bahamas, according to the complaint.
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@dealbook
DealBook
6 years
The retirement of Alibaba’s executive chairman makes one of the first founders among a generation of prominent Chinese internet entrepreneurs to step down from their companies; they usually remain at the top of their organizations for many years.
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