Robert H. Giles, who oversaw Pulitzer Prize-winning coverage at two newspapers — including reports on the fatal shooting of four antiwar protesters by National Guard troops on the Kent State University campus in Ohio in 1970 — and later served as curator of the Nieman Foundation for Journalism at Harvard University for more than a decade, died on Aug. 7 […]

Aurora residents who sued the city to stop an apartment complex near their gated golf course community have closed the case after reaching a deal with its developer. The Garrett Cos., an Indiana-based builder of apartment complexes, intends to turn a vacant 15-acre lot at East Aurora Parkway and South Quemoy Way in southeast Aurora into Echelon at Eagle Bend. […]

One day in mid-June, Lloyd Blankfein called David Solomon, chief executive of Goldman Sachs. Mr. Solomon had not been expecting it. Mr. Blankfein, a big Goldman shareholder and Mr. Solomon’s predecessor, had lost $50 million since January on his stake because of the bank’s sinking stock. He made it clear to Mr. Solomon that his patience was waning, according to […]

Two rivals in the race to mass-produce an all-electric aircraft said on Thursday that they had agreed to collaborate and settled a trade-secrets lawsuit that one rival, Wisk Aero, had filed against the other, Archer Aviation. Boeing, which owns Wisk, invested an undisclosed amount in Archer. Archer said it, in turn, would exclusively use Wisk’s self-flying technology in future aircraft. […]

Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about $8.5 billion, a sign of consolidation in the luxury market. Capri shareholders will receive $57 per share in cash. Combined, the two conglomerates account for $12 billion in revenue. The deal is a […]

The United States has spent much of the past 18 months struggling to control inflation. China is experiencing the opposite problem: People and businesses are not spending, pushing the economy to the verge of a pernicious condition called deflation. Consumer prices in China, after barely rising for the past several months, fell in July for the first time in more […]

Remember China Evergrande, that Chinese property behemoth whose mountain of debt sent global markets spiraling in 2021? Its collapse later marked the start of a crisis for China’s housing market, where sales of apartments ground to a halt and developers big and small found themselves unable to pay their bills. Now, financial troubles at Country Garden, another property giant, are […]

Chevron Corp. has completed its purchase of Denver-based PDC Energy, making the multinational company Colorado’s largest oil and gas producer. Chevron said Monday that the purchase was a done deal after PDC shareholders approved the acquisition. The all-stock transaction was valued at $7.6 billion, including debt. Under the deal, Chevron acquired 275,000 net acres, much of it next to its […]

What iPhones and online shopping reveal about the economy Earnings reports yesterday from Apple and Amazon covered some very different businesses: premium-priced smartphones and tablets versus the world’s “everything store” and a dominant cloud computing platform. But the tech giants provided a snapshot of the state of the global economy: Consumers and companies are cutting back on some costs, but […]

Richard O. Simpson, a self-made Republican businessman who as the first chairman of the federal Consumer Product Safety Commission aggressively protected the American public from buying millions of risky goods, died on July 21 in DeLand, Fla., north of Orlando. He was 93. His death, in a hospital near his home, was confirmed by his daughter Karen Simpson Tweedie. Mr. […]