Wall Street C.E.O.s Return to Saudi Arabia’s ‘Davos in the Desert’

Crown Prince Mohammed bin Salman at the Future Investment Initiative in Riyadh, Saudi Arabia, in 2018.Credit…Tasneem Alsultan for The New York Times ‘Davos in the Desert’ is back It’s been more than two years since bankers kept their name badges obscured behind ties at a high-profile investment conference in Riyadh,…

The Business Case for Boardroom Diversity

The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of a big issue in the news. If you don’t already receive the daily newsletter, sign up here. When Goldman Sachs announced that it would help companies go public…

When Will Taxes Go Up?

Janet Yellen rebutted Republican criticism over a proposed tax hike for businesses.Credit…Christopher Aluka Berry/Reuters Taxing times President Biden has unveiled a flurry of actions aimed at unwinding much of the Trump administration’s agenda. But on his predecessor’s signature legislative accomplishment — the huge 2017 tax cut — Mr. Biden is…

Big Banks’ Earnings Reflect the U.S. Economy Joe Biden Is Inheriting

Jane Fraser of Citigroup warned investors about the “folly of best-laid plans.”Credit…Erin Scott/Reuters What big banks reveal about the economy America’s biggest banks have all now released their financial results for the past year, data that reflect the strange economic situation facing President Biden and his new administration. Parts of…

The Biden Era Begins

Biden’s first day, Trump’s last Joe Biden will be sworn in as president of the United States today at around noon Eastern in Washington. Here’s the full schedule of events. This inauguration won’t be like the others, with a sparse crowd attending the swearing-in ceremony because of the pandemic. President…

Dark Money Is on the Supreme Court’s Docket

The issue of anonymous political donations is on the Supreme Court’s docket.Credit…Samuel Corum/Getty Images Taking names A new Supreme Court case is calling into question the sincerity of corporate America’s reckoning with political giving. Many companies and trade groups say they are re-evaluating political donations after the riot in the…

C.E.O.s, Former Officials Call for a Post-Trump Globalism Revival

“Business leaders must realize that they not only have a moral obligation but also a commercial stake in advocating for a fairer, more equitable system. Unless and until the core problem of inequality is addressed, all other overarching objectives and desires will remain elusive.” That sentence comes from a provocative…

Corporate America Flexes Its Political Muscle

It was a long week in the fraught relationship between Washington and corporate America. Dozens of companies announced that they will end political donations to the Republicans who challenged the Electoral College count, or pause giving to all politicians. Today, we reflect on the shifting political positions of the corner…

Joe Biden’s Economic Plan Isn’t Afraid to Run Up the Deficit

President-elect Joe Biden isn’t worried about deficit spending, for now.Credit…Amr Alfiky/The New York Times This time is different President-elect Joe Biden unveiled his $1.9 trillion economic rescue plan yesterday, an ambitious package of bigger direct payments to Americans, extra funding for coronavirus vaccine distribution and more. The move is a…