Financial news on April 01, 2019

Business and Financial news
As India Votes, False Posts and Hate Speech Flummox Facebook

With as many as 879 million eligible voters set to cast ballots in the coming weeks, Facebook is struggling to cope with the disinformation and hate speech that is circulating online. Read more..

By Vindu Goel and Sheera Frenkel - The New York Times

Avocado Shortages and Price Spikes: How Trump’s Border Closing Would Hit U.S.

The president says shutting the border will punish Mexico, but economists say the economic damage to the United States would resemble the aftermath of a natural disaster. Read more..

By Ana Swanson - The New York Times

Behold the Beefless ‘Impossible Whopper’

Burger King is introducing a Whopper made with a vegetarian patty from the start-up Impossible Foods. The deal is a big step toward the mainstream for start-ups trying to mimic and replace meat. Read more..

By Nathaniel Popper and Matt Edge - The New York Times

China Purchases Could Undercut Trump’s Larger Trade Goal

A trade deal could result in China promising to buy hundreds of billions of dollars of American products. It could further cement Beijing’s role in the economy. Read more..

By Ana Swanson and Keith Bradsher - The New York Times

F.A.A. Says Software Fix for Boeing’s 737 Max Needs More Time

The planes have been grounded worldwide since mid-March, and airlines may be forced to park their Max jets longer than they had expected. Read more..

By The Associated Press - The New York Times

For Many British Businesses, Brexit Has Already Happened

No one knows how the politics of Brexit will end. But the twisting road has already cooled investment and damaged the nation’s reputation as a haven for commerce. Read more..

By Peter S. Goodman - The New York Times

Lyft Drops Below I.P.O. Price in Second Day of Trading

The rapid decline raises questions about investors’ appetite for fast-growing but unprofitable tech companies. Read more..

By Kate Conger - The New York Times

Saudi Aramco Is World’s Most Profitable Company, Beating Apple by Far

Earnings at Saudi Arabia’s giant oil company, at $111 billion last year, far outstripped the profits of giant tech companies or rival oil producers. Read more..

By Stanley Reed - The New York Times

U.S. Moves to Limit Wage Claims Against Chains Like McDonald’s

The Labor Department offered a view far narrower than the Obama administration’s regarding companies’ liability for workplace violations by franchisees. Read more..

By Noam Scheiber - The New York Times

See what else happened on April 01, 2019