DealBook

@dealbook

New York Times columnist @andrewrsorkin and his colleagues help make sense of major business and policy news — and the power-brokers who shape them.

New York, NY

Joined October 2008

398Following

127KFollowers

Pinned

DealBook Retweeted

The New York Times@nytimes · Jul 22

Breaking News: NPR's editor in chief, Edith Chapin, will leave the organization later this year, according to two people with knowledge of her decision. The move comes as the outlet navigates the loss of its federal funding. nyti.ms/4fbcHDu

252

161.0K

DealBook Retweeted

Katie Robertson@katie_robertson · 22 h

NEW: Alden Global Capital's MediaNews Group is making a last-minute bid for The Dallas Morning News, which reached a deal with Hearst earlier this month. MediaNews offering $16.50 a share to Hearst's $14 nytimes.com/2025/07/22/bus…

110

184.0K

DealBook@dealbook · Jul 22

While most governments encourage high competition and low prices, China is going in the opposite direction. It is trying to rein in “involution,” a phrase used in China to describe a self-defeating cycle of excessive competition and damaging deflation. nyti.ms/3GUFzDd

dealbook's tweet card. The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.

2.0K

DealBook@dealbook · Jul 22

The estate of Mike Lynch, the British tech exec who died when his yacht sank last summer, and his former business partner owe Hewlett-Packard about $945 million over the 2011 sale of his company, a London judge ruled on Tuesday. nyti.ms/4f2yL2P

dealbook's tweet card. The technology giant had accused the British mogul, who died last year when his yacht sank, of fraud in the sale of his company in 2011.

2.0K

DealBook Retweeted

Ben Mullin@BenMullin · Jul 22

Dave Jorgenson, star of The Washington Post’s YouTube channel, said that Will Lewis rolled “out the red carpet” for him to quit this month with a memo encouraging staff to consider a buyout. nytimes.com/2025/07/22/bus…

97.0K

DealBook Retweeted

Jessica Testa@jtes · Jul 22

news: podcaster @JoeBudden is earning $1 million a month on Patreon, making him the highest earning creator on that platform. He opened the books for us nytimes.com/2025/07/22/bus…

124

283

101

150.0K

DealBook@dealbook · Jul 22

General Motors said on Tuesday that its profit in the second quarter fell by more than a third, after President Trump’s tariffs cost the company more than $1 billion. nyti.ms/4m8leJz

dealbook's tweet card. General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.

2.0K

DealBook@dealbook · Jul 22

In today’s DealBook: @bernhardwarner on the tariff headwinds coming for corporate earnings; @danielledkaye on Polymarket’s big U.S. bet; should directors be licensed? @sarahfkessler digs in; readers respond to the kiss-cam controversy; and more. nyti.ms/4o1XwQW

dealbook's tweet card. General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.

2.0K

DealBook@dealbook · Jul 21

The number of developments led by professional sports teams has accelerated in recent years, as the price of teams has skyrocketed. nyti.ms/44HhHMv

dealbook's tweet card. The number of developments led by professional sports teams has accelerated in recent years, as the price of teams has skyrocketed.

2.0K

DealBook@dealbook · Jul 21

Titans of industry have been pledging to reindustrialize the United States for decades, but the idea is particularly potent at this moment, when more Americans recognize the nation’s dependence on other countries. nyti.ms/4o5ufoG

dealbook's tweet card. Trump cabinet officials mingled with tech investors and manufacturers in an effort to supercharge factories.

2.0K

DealBook@dealbook · Jul 21

In today’s newsletter: @bernhardwarner on why investors may be shrugging off Trump's tariff and Fed threats; @superglaze on how trade talks could hit E.U. enforcement of Big Tech; @vivwalt on how the Trump-Powell feud is playing out overseas; and more. nyti.ms/4f0mQ5P

dealbook's tweet card. Investors continue to shrug off the president’s threats, sending stocks to new highs. That calm could be tested going into a packed week for corporate earnings.

2.0K

DealBook@dealbook · Jul 19

In the weekend edition of the DealBook newsletter: @IanFrisch on private markets getting a little more public. Plus, @jetjocko talks with about Cardozo Law Professor Matthew Wansley about why big tech companies are avoiding acquisitions. nyti.ms/45byYgP

dealbook's tweet card. As value grows in private markets, fund managers, brokerage houses, and savvy start-ups are building products that aim to expand access to them.

4.0K

DealBook@dealbook · Jul 18

Truemed, a start-up run by an aide of Robert F. Kennedy Jr., helps people avoid taxes by claiming luxury wellness items and more as medical necessities. nyti.ms/44ZeKFT

dealbook's tweet card. The start-up, called Truemed, helps people buy meat and mattresses with money that isn’t subject to federal income tax. But does the tax break apply?

5.0K

DealBook@dealbook · Jul 18

News Analysis: Republicans voted on Friday to claw back $1.1 billion in public broadcasting funds — cuts they had sought for years. That they have finally been able to do it now speaks to President Trump’s grip on his party and broad changes in media. nyti.ms/3IyqkAh

dealbook's tweet card. The cuts speak to President Trump’s grip on his party but also to the sweeping changes in media.

2.0K

DealBook Retweeted

Colby Smith@colbyLsmith · Jul 18

The Fed's decisions are always closely watched, but Trump's attacks have now put them under an even more intense microscope Officials are expected to hold interest rates steady later this month, but there could be a path to cut in September nytimes.com/2025/07/18/bus… @nytimes

4.0K

DealBook@dealbook · Jul 18

In a decision that shocked the entertainment industry and comedy world, CBS said on Thursday that it was canceling the most-watched show in late night, “The Late Show With Stephen Colbert,” and ending a franchise that has existed for more than 3 decades. nyti.ms/4f1CDkO

dealbook's tweet card. The show will end in May, the network said, calling it “a purely financial decision.”

2.0K

DealBook@dealbook · Jul 18

Chevron prevailed over Exxon in a legal dispute that cleared the way for its $53 billion acquisition of one of the world’s most valuable oil projects. nyti.ms/44B0pAy

dealbook's tweet card. An arbitrator cleared the way for Chevron to buy Hess, allowing the energy giant to acquire a piece of one of the most promising oil projects in the world.

2.0K

DealBook@dealbook · Jul 18

In today’s DealBook newsletter: crypto’s $4 trillion moment as it scores a big win in Congress; @danielledkaye explores why Silicon Valley keeps embracing reverse acqui-hires; @sarahfkessler gets practical AI tips from the CEO of Chime; and more nyti.ms/46ingCi

dealbook's tweet card. A legislative win in Congress, and the promise of more to come, has helped lift the prospects and the wealth of the cryptocurrency industry.

2.0K

DealBook@dealbook · Jul 17

The snack and beverage giant PepsiCo said it was in the midst of relaunching two of its big brands, Lay’s and Tostitos, with no artificial colors or flavors by the end of this year. nyti.ms/4lu5joZ

dealbook's tweet card. The food giant said its Frito-Lay snack division planned to make a line of Cheetos and Doritos with no artificial colors or flavors, as demand falters.

2.0K

DealBook Retweeted

Ben Casselman@bencasselman · Jul 17

Will Trump fire Powell? CAN Trump fire Powell? I don't know. But what I do know is that if Trump wants lower interest rates, firing the Fed chair is likely to backfire, resulting in *higher* borrowing costs for households and businesses. nytimes.com/2025/07/17/bus…

113.0K