Author: News Room

Spotify Paid 0 Million to Podcasters as Creator Wars Heat Up

Spotify has paid more than $100 million to podcast publishers and creators since January, the company told The New York Times’s DealBook.The payout is the result of a program introduced in 2025 that opened up new revenue streams to eligible hosts. But it is also an attempt to draw more creators (and their audiences) to Spotify, as the rise of video podcasting has driven many of them to YouTube.Video has come to dominate podcasting. More than half of Americans over the age of 12 have watched a video podcast — but primarily on YouTube, according to an Edison Research report…

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Apartments for Rent in a Former Office, but You Have to Live in Midtown

For many New Yorkers, Midtown Manhattan, with its gleaming skyscrapers and busy transportation hubs, lacks an element of cool and cachet that its more culturally vibrant neighbors have. Hordes of office workers, commuters and tourists typically flood the area, leaving it feeling anything but residential.What Midtown does have, though, is a glut of underutilized office buildings. Two in particular brought Nathan Berman, chief executive of Metro Loft Management, to the area: the hulking buildings of Pfizer’s former headquarters on East 42nd Street near Grand Central Terminal. Metro Loft, along with David Werner Real Estate, is converting the buildings into about…

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Canada Election: It’ll Be Carney or Poilievre Against Trump’s Tariffs

Canada chooses a leader to take on Trump Canadians vote on Monday to determine which political party forms their next government.But President Trump’s tariff assault on Canada and his vow to annex the country and make it the 51st state have turned the federal election into a referendum on which of the two contenders — Prime Minister Mark Carney of the Liberal Party or Pierre Poilievre, leader of the Conservatives — can best handle the American president, Ian Austen writes for DealBook.The only English-language election debate last week opened with the moderator asking Carney, who has been the prime minister…

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Single Travelers Are Finding Love in Airport Lounges

Brittany Romano, 32, was not looking to start her own long-distance rom-com last September when she showed up to JetBlue’s lounge at Kennedy International Airport 10 minutes before her flight was set to board — but she did.That’s where she met Matt Harrington, 35, a schoolteacher from Pasadena, Calif. He had spied her rushing through security, and when she stopped in the lounge for her usual routine — “take a shot and use the restroom” — he sent her a tequila shot and took one himself. Then the two jogged to catch their plane, as it turned out they were…

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Opinion | The White House Tech Bros Owe Their Fortunes to the Research They’re Killing

Basic research conducted by America’s universities is crucial to our world-class entrepreneurial culture. How do we know this? Let’s take a short tour through the White House.The venture capitalist David Sacks of Craft Ventures runs the White House’s Council of Advisers on Science and Technology. Scott Kupor of Andreessen Horowitz is the nominee to run the Office of Personnel Management, and Sriram Krishnan, from the same firm, is a policy adviser on artificial intelligence. They have all successfully financed companies in the digital economy. The infrastructure beneath those businesses — the foundational internet protocols known as TCP/IP — was developed…

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Sweetgreen’s CEO on Robots, RFK Jr. and Why Salads Are So Expensive

When Jonathan Neman was a student at Georgetown in the mid-2000s, he and some friends wanted to start a restaurant. A fast-food restaurant, but it would be healthy. And cool.The documentary “Super Size Me” had made waves, and “we were going to be rejecting the fast food of the previous generation,” Mr. Neman said.He and his business partners, Nicolas Jammet and Nathaniel Ru, opened the first Sweetgreen in 2007, on the edge of campus on M Street in Washington. As they expanded, they decided against franchising the brand, keeping control of every new location. Soon it became a buzzy millennial…

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Opinion | Tariffs Could Ruin My Small Business

Listen to and follow ‘The Opinions’Apple Podcasts | Spotify | Amazon Music | YouTube | iHeartRadioPresident Trump’s back and forth on tariffs is causing instability and uncertainty across industries, and some of the hardest hit have been small businesses. On this episode of “The Opinions,” the entrepreneur Yair Reiner explains what it takes to make his product, the Frywall, and how the trade war with China is increasing his production costs and making it harder to work with his partners overseas. He argues that this is disastrous for family-run businesses and is a blow to entrepreneurship in America.(A full transcript…

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The Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?

President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of the world’s safest financial assets. That’s created an opportunity for Europe.The market tumult in which investors simultaneously sold off the U.S. dollar, American stocks and U.S. Treasury bonds eased last week as Mr. Trump backed off his threats to fire the Federal Reserve chair, Jerome H. Powell, and Treasury Secretary Scott Bessent tried to reassure foreign officials that trade deals would be struck.But many European officials attending the spring meetings of the International Monetary Fund and World…

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‘60 Minutes’ Rebukes Paramount On-Air Over Executive Producer’s Exit

In an extraordinary on-air rebuke, one of the top journalists at “60 Minutes” directly criticized the program’s parent company in the final moments of its Sunday night CBS telecast, its first episode since the program’s executive producer, Bill Owens, announced his intention to resign.“Paramount began to supervise our content in new ways,” the correspondent, Scott Pelley, told viewers. “None of our stories has been blocked, but Bill felt he lost the independence that honest journalism requires.”A spokesman for Paramount had no immediate comment, and has previously declined to comment on Mr. Owens’s departure.Mr. Owens stunned the show’s staff on Tuesday…

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New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff

Two weeks ago, a three-judge panel from the federal appeals court in Washington lifted a freeze on firing employees at the Consumer Financial Protection Bureau, with some conditions. The judges, ruling on a Friday night, said that workers could be fired if agency leaders determined, after a careful assessment, that they were not needed to carry out the bureau’s legally required responsibilities.Within hours, Trump administration officials — working closely with Elon Musk’s associates at the Department of Government Efficiency — scurried to fire nearly all the agency’s employees. By the following Thursday afternoon, bureau leaders sent termination notices to nearly…

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