Financial news on February 06, 2019

Business and Financial news
Are Your Children Racking Up Charges From Mobile Games? Here’s How to Fight Back

Parents are often surprised by unauthorized credit card charges. The culprit: Bait apps, which lure children into buying virtual junk online. Preventing these purchases isn’t easy, but it can be done. Read more..

By BRIAN X. CHEN - The New York Times

Chief of Apple Stores Is Leaving After 5 Years in the Job

Angela Ahrendts, hired after leading Burberry to global prominence, was among Apple’s highest-paid executives. Read more..

By JACK NICAS - The New York Times

Consumer Protection Bureau Cripples New Rules for Payday Loans

The agency’s new director reversed course on regulations intended to prevent borrowers from being caught in an endless cycle of short-term, high interest loans. Read more..

By STACY COWLEY - The New York Times

E.U. Blocks Siemens-Alstom Plan to Create European Train Giant

The two companies wanted to merge their rail units to fend off Chinese competition. But Europe’s antitrust enforcer said those fears were overblown. Read more..

By JACK EWING - The New York Times

For Car Buyers Who Got a Lemon, State Laws Vary Widely

New Jersey has the best, Illinois the worst, and far too many fail consumers, according to a study from the Center for Auto Safety. Read more..


SoftBank’s C.E.O. Insists That the Company Is Undervalued. Is It?

Masayoshi Son invoked Albert Einstein’s theories to argue that his Japanese group is worth $110 billion more than investors seem to think. Read more..

By LIAM PROUD - The New York Times

Spotify. It’s Not Just for Music Anymore.

With its acquisition of two podcasting companies, the streaming service broadens its ambitions to include everything audio. Read more..

By BEN SISARIO and MICHAEL J. de la MERCED - The New York Times

The New York Times Co. Reports $709 Million in Digital Revenue for 2018

The company is near its goal of $800 million in digital revenue ahead of a 2020 target. Paying subscribers rose to 4.3 million, a record. Read more..

By JACLYN PEISER - The New York Times

Video Game Stocks Get Clobbered, and Fortnite Is to Blame

Fortnite’s popularity continues to weigh on the performance of traditional video game makers. Read more..

By STEPHEN GROCER - The New York Times

When the Tools of the Trade Are the Keyboard and Mouse

For Daisuke Wakabayashi, who covers Google, computer accessories are important. Very important. Read more..


With Savings to Burn, Russia Turns (Again) to a State-Led Spending Plan

A new five-year policy offers $100 billion for infrastructure to stimulate growth — a shift from a focus on consumer spending. Read more..

By ANDREW E. KRAMER - The New York Times

See what else happened on February 06, 2019