Michael J. de la MERCED, The New York Times

Michael J. de la MERCED

The New York Times

San Francisco, CA, United States

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Past articles by Michael J.:

Larry Fink Defends Stakeholder Capitalism

Companies thinking beyond profits isn’t “woke,” the BlackRock founder argued in his latest letter to Wall Street chiefs. → Read More

General Electric plans to break itself up into three companies.

The company has already moved to wind down its once vast financial arm and spin out or sell various businesses under pressure from investors. → Read More

James Staley, Barclays’s C.E.O., will step down after a Jeffrey Epstein inquiry.

British regulators investigated the ties between the bank executive and the disgraced financier. → Read More

James Staley, Barclays’s C.E.O., steps down after a Jeffrey Epstein inquiry.

British regulators investigated how the bank executives characterized his ties with the disgraced financier. → Read More

PayPal says it isn’t interested in pursuing Pinterest.

The payments firm squelched talk that it was seeking the social media platform “at this time.” A deal might have been worth about $45 billion. → Read More

A Rare Look Inside a Hedge Fund Mogul’s Tax Returns

The multimillionaire Boaz Weinstein disclosed why he paid no or little taxes for several years. → Read More

How ViacomCBS Used International Tax Shelters to Save Billions

More on the study that says ViacomCBS used international tax networks to cut its bill. → Read More

Apollo Co-Founder Exits After Clash Over Epstein Ties: Live Updates

Josh Harris may keep busy with basketball after leaving Apollo.Credit...Jessica Kourkounis for The New York Times Joshua Harris, one of Apollo Global Management’s top executives, said on Thursday that he planned to give up day-to-day duties at the private equity giant, after clashing with his fellow founders over the departure of Leon Black as the firm’s chief executive. The departure of Mr.… → Read More

Another Apollo Co-Founder Steps Back

Josh Harris said he would focus on being an “investor and entrepreneur” away from the private equity firm he helped build. → Read More

AT&T Lays Out New Priorities After Its WarnerMedia Deal

Refocusing on wireless and repaying debt are new priorities. → Read More

Elon Musk Makes a Hard Swerve on Bitcoin

In a sudden U-turn, Tesla stopped accepting the cryptocurrency as payment. But why? → Read More

SoftBank Broke Profit Records. Can It Keep Up the Pace?

What a difference a year makes. → Read More

Cybercriminals Take Down a Pipeline

The ransomware attack on Colonial Pipeline is a sobering reminder about cybersecurity. → Read More

The Vaccine Liberation Movement Gets a New Ally

U.S. support for suspending patent protections increasingly pits policymakers against drug makers. → Read More

Berkshire Hathaway Shows a Rebound From the Pandemic

The company reported a nearly 19 percent year-on-year gain in the first quarter, as its subsidiaries — from a railroad to energy companies to consumer brands — improved their performances. → Read More

In Opposing Climate and Diversity Proposals, Buffett Risks Looking Out of Step

Berkshire Hathaway’s shareholders are expected to follow the chairman’s lead and reject demands for more disclosures. → Read More

Allbirds and Panera Eye the Public Markets

Allbirds and Panera are looking to cash in on investor interest in business models pitched for postpandemic habits. → Read More

Tesla Makes Money (Including From Selling Cars)

Bitcoin and emissions credits helped it set a quarterly earnings record. → Read More

Why These C.E.O.s Got Paid So Much in the Pandemic

Companies defend stratospheric pay for their leaders. → Read More

Private Equity’s Favorite Tax Break May Be in Danger

President Biden is weighing an end to the carried interest loophole. → Read More