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China’s Inflation Hits American Price Tags
Posted: January 31st, 2008, 11:43pm EST
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Higher costs in China could spell the end of an era of ultra-cheap goods, as well as the beginning of China’s rise from the lowest rungs of global manufacturing. -
Online Schooling Grows, Setting Off a Debate
Posted: January 31st, 2008, 11:43pm EST
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Half a million American children take classes online, and many are attending virtual public schools that are competing with local districts for public funding. -
OPEC Is Expected to Keep Oil Production Unchanged
Posted: January 31st, 2008, 11:40pm EST
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Although the United States is seemingly heading toward a recession, OPEC may soon have to cut its output to offset a seasonal demand slowdown in the spring. -
Regulators Warn France Against Protecting Bank
Posted: January 31st, 2008, 11:39pm EST
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As numerous European banks assess whether to make a bid for Société Générale, regulators in Brussels warned France against any effort to thwart open competition. -
Small Law Firm’s Big Role in Bundling Mortgages
Posted: January 31st, 2008, 11:37pm EST
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Questions are growing about whether law firms that helped investment banks bundle home loans into securities adequately disclosed the risks to investors. -
Ad Growth Still Strong, Google Says
Posted: January 31st, 2008, 11:35pm EST
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On Thursday Google reported a 17 percent jump in profit and a 51 percent growth in revenue in the fourth quarter, falling shy of Wall Street’s expectations. -
Like Home-Builder Shares? Look Again
Posted: January 31st, 2008, 11:31pm EST
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The worse the news got, the better the stocks performed. -
China Tries to Reassure U.S. About Its Investing Plans
Posted: January 31st, 2008, 11:26pm EST
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Seeking to reassure those nervous about foreign takeovers, the head of China’s government investment fund said Thursday that China would invest mostly in portfolios. -
Home Depot Will Lay Off 500 Workers
Posted: January 31st, 2008, 11:21pm EST
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Battered by a downturn in the housing market, the company is laying off about 10% of its workforce at its headquarters in Atlanta. -
Russia Creates a $32 Billion Sovereign Wealth Fund
Posted: January 31st, 2008, 11:21pm EST
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Russia has split its oil proceeds into two funds and has cleared the way for one to invest in foreign stocks and bonds, officials said. Actual investments are not expected to begin until next fall. -
Senate Democrats’ Stimulus Plan Hits Roadblock
Posted: January 31st, 2008, 11:18pm EST
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Senate Republicans plan to block a $157 billion economic stimulus package championed by Senate Democrats, who said they have no choice but to adopt a cheaper plan already approved by the House. -
TV Stations Seek Shows to Put Online
Posted: January 31st, 2008, 11:18pm EST
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This year at the biggest conference in television syndication, the hottest topic was syndicated online content. -
A Green Energy Industry Takes Root Under the California Sun
Posted: January 31st, 2008, 11:17pm EST
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Solar power is booming in California, the product of billions of dollars in investment and mountains of enthusiasm. -
Stocks Rally in Defiance of Bad News
Posted: January 31st, 2008, 11:17pm EST
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Wall Street was sharply higher as investors shrugged off concerns about problems in the bond insurance industry. -
Times Co. Posts Profit, but Revenue Declines
Posted: January 31st, 2008, 11:15pm EST
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The New York Times Company reported a fourth-quarter profit of $53 million as revenue dropped, but it continued to fare better than most of its peers across the troubled newspaper industry. -
Electronic Arts Posts Loss, Citing a Revamp
Posted: January 31st, 2008, 11:15pm EST
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The video game maker largely met Wall Street’s forecasts, despite posting a quarterly loss because of reorganization charges and deferred revenue. -
Motorola Weighs a Shift in Cellphones
Posted: January 31st, 2008, 11:15pm EST
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Motorola said Thursday that it was exploring the possibility of selling or spinning off its cellular phone business as a way to make the company more profitable. -
Sweden Accuses 4 of Copyright Offenses
Posted: January 31st, 2008, 11:15pm EST
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Prosecutors say that Pirate Bay, a file-sharing Web site, helps others violate copyright laws by linking providers of pirated songs and films with people searching for the same material. -
Amazon to Buy Audiobook Seller for $300 Million
Posted: January 31st, 2008, 11:13pm EST
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Amazon.com, which has been rapidly adding digital downloads to its vast Web store, will bolster those offerings with Audible, the largest online seller of audiobooks. -
Consumers Slow Spending Pace
Posted: January 31st, 2008, 10:15pm EST
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Consumer spending slowed in December and inflation continued to rise, leaving the Federal Reserve less maneuvering room as it ponders policy decisions. -
Sony Reports 25% Rise in Profit, but Lowers Its Forecast
Posted: January 31st, 2008, 10:02pm EST
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Sony said its profit rose in the final three months of 2007, aided by robust sales of televisions and computer games. -
Burger King Profit Jumps 29 Percent
Posted: January 31st, 2008, 10:02pm EST
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Net income for the world’s No. 2 hamburger chain rose to $49 million as the stalwart Whopper, the new Homestyle Melt and promotions lifted global sales at stores open at least a year. -
Shell’s Profit Soars as High Oil Prices Offset a Decline in Output
Posted: January 31st, 2008, 10:02pm EST
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Europe’s largest oil company reported Thursday that fourth-quarter profit rose 60 percent because of the sale of some assets and higher oil prices. -
Tentative Deal to Salvage Real Estate Empire
Posted: January 31st, 2008, 10:02pm EST
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Harry and Billy Macklowe, the father-and-son team of real estate developers, have come under intense financial pressure with the near collapse of the credit markets. -
Yahoo’s Ex-Chief Is Leaving Its Board
Posted: January 31st, 2008, 9:32pm EST
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Terry S. Semel, the ex-chief executive who is credited with reviving Yahoo and then losing touch, is leaving the company’s board. -
Troubled Bond Insurer Puts on Its Defense
Posted: January 31st, 2008, 9:17pm EST
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Under attack from critics who describe the company as effectively insolvent, MBIA presented a spirited defense in a four-hour conference call with investors and analysts Thursday. -
Software Maker Triples Its Profit
Posted: January 31st, 2008, 8:57pm EST
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CA Inc. reported Thursday that quarterly profit ballooned as it cut expenses and the weak dollar helped bolster revenue from overseas operations. -
Higher Profits for P.&G. and Colgate
Posted: January 31st, 2008, 8:50pm EST
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The two makers of household and personal care products both reported higher quarterly profits on Thursday, relying on sales in emerging markets as the United States economy slowed. -
Eurozone Inflation Rising at Record Pace
Posted: January 31st, 2008, 8:41pm EST
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The increase highlighted the difficult task facing the European Central Bank as it seeks to enforce price stability in the face of slowing economic growth. -
Anheuser Earnings Fall Short of Estimate
Posted: January 31st, 2008, 8:40pm EST
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A resurgence in sales helped push the brewer’s profit to $214 million in the fourth quarter. -
Wyeth Posts 19% Higher Profit; 2 Rivals Fare Less Well
Posted: January 31st, 2008, 7:25pm EST
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AstraZeneca reported a 12.5 percent drop in profit and Bristol-Myers Squibb posted a loss, albeit a narrower one. -
Newell Rubbermaid Cuts Sales Forecast
Posted: January 31st, 2008, 6:56pm EST
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ATLANTA (Reuters) — The consumer products maker Newell Rubbermaid cut its 2008 sales forecast on Thursday, saying it did not expect economic conditions in North America to improve, and its shares fell. -
H.P. Case to Go Forward in India
Posted: January 31st, 2008, 1:27pm EST
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After an H.P. employee was raped and killed by a driver the company employed, India’s highest court may force international firms to do more to guard local workers’ safety. -
F.B.I. Opens Subprime Inquiry
Posted: January 29th, 2008, 11:07pm EST
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Fourteen firms are under scrutiny for possible accounting fraud, insider trading or other violations tied to loans made to borrowers with weak, or subprime, credit. -
Henry Froehlich, Pioneer in Japanese Camera Imports, Is Dead at 85
Posted: January 29th, 2008, 11:06pm EST
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Mr. Froehlich was one of the first distributors of high-tech Japanese cameras in the United States. -
Wal-Mart Shakes Up Apparel Unit; Layoffs Are Set
Posted: January 29th, 2008, 11:01pm EST
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In a major revamping of its sluggish clothing business, Wal-Mart Stores will shut two divisions at its headquarters in Arkansas. -
Thomas Barr, Top Lawyer in I.B.M. Case, Dies at 77
Posted: January 29th, 2008, 10:51pm EST
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Mr. Barr was best known for representing the International Business Machines Corporation in a 13-year antitrust battle with the federal government. -
Executive Gets 20-Year Term for Hedge Fund Scheme
Posted: January 29th, 2008, 10:40pm EST
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The former chief financial officer of the hedge fund Bayou Group was sentenced to 20 years in prison for his role in a scheme that defrauded investors of $450 million and led to the fund’s collapse. -
In Spinal Device Research, Questions on Conflicts
Posted: January 29th, 2008, 10:40pm EST
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The way the Prodisc, an artificial spinal disk, was tested and approved provides a stark example of conflicts of interest among clinical researchers. -
Yahoo to Cut 1,000 Jobs, and Warns on Growth
Posted: January 29th, 2008, 10:39pm EST
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Despite the disappointing outlook, the company said it planned to invest aggressively in advertising technology as it tries to capture a larger share of online ad dollars. -
VMware’s Troubles Hobble Its Parent
Posted: January 29th, 2008, 10:34pm EST
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The maker of corporate data storage equipment, forecast better-than-expected 2008 revenue, but its shares fell after the VMware unit missed growth estimates. -
Beyond Bank’s $7 Billion Loss, Fear of More
Posted: January 29th, 2008, 10:33pm EST
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The day that Société Générale said Jérôme Kerviel, a rogue trader, had cost it billions, it announced a large subprime-related write-down. -
Pressure Mounts for Resignation at French Bank
Posted: January 29th, 2008, 10:28pm EST
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Politicians in France increased calls for the resignation of top executives at Société Générale, ahead of the board’s regular meeting, scheduled for Wednesday. -
Jury to Start Deliberations in Wesley Snipes Tax Case
Posted: January 29th, 2008, 10:22pm EST
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Defense lawyers described Mr. Snipes’ views on taxes as “kooky” and “dead wrong,” but said he had not committed a crime. -
Profit Drops at Dow Chemical
Posted: January 29th, 2008, 10:20pm EST
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GRAND RAPIDS, Mich. (AP) — The nation’s largest chemical company, Dow Chemical, said on Tuesday that its fourth-quarter earnings fell 52 percent because of an overhaul effort and a $1.7 billion jump in spending on materials and energy. -
Overhaul, Make It a Venti
Posted: January 29th, 2008, 10:07pm EST
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After more than a decade of sensational buzz, Starbucks is struggling nationwide as it faces slowing sales growth and increased competition. -
Market Rises, Awaiting Another Rate Cut
Posted: January 29th, 2008, 10:00pm EST
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Wall Street advanced sharply Tuesday, as the Federal Reserve opened a two-day meeting at which it is expected to cut interest rates again to revitalize the economy. -
Durable Goods Orders Jump; Consumer Outlook Sags
Posted: January 29th, 2008, 9:58pm EST
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Orders to factories for big-ticket manufactured goods jumped an unexpected 5.2 percent in December. -
Bernanke’s Midterm Tests
Posted: January 29th, 2008, 9:58pm EST
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Sometime before Feb. 1, 2010, the next president will have to decide whether Federal Reserve Chairman Ben Bernanke should get a second term. -
S.& P. Home Price Index Continued to Fall in November
Posted: January 29th, 2008, 9:57pm EST
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Home prices in 20 metropolitan areas fell in November for the 11th consecutive month, as foreclosures and a slump in sales added to the glut of unsold properties. -
Big-Selling Drugs Aid Lilly Profit
Posted: January 29th, 2008, 9:56pm EST
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Eli Lilly & Company reported fourth-quarter earnings of $854.4 million, or 78 cents a share, compared with $132.3 million, or 12 cents a share, a year ago. -
Vuitton Is Embracing Medium of the Masses
Posted: January 29th, 2008, 9:54pm EST
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In an unusual marketing move for a fashion and luxury goods brand, Louis Vuitton said it planned to advertise on television for the first time. -
Rule Change to Help Smaller Companies Raise Funds
Posted: January 29th, 2008, 9:47pm EST
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In a move that will make it easier for small and medium-size public companies to raise money, federal regulators are about to the ease rules on the sale of restricted shares. -
House Passes Aid Package, but Senate’s Plan Differs
Posted: January 29th, 2008, 9:39pm EST
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The House voted on Tuesday to approve a $146 billion fiscal stimulus package, but the bipartisan deal is at risk as Senate Democrats forged ahead with their own, more expensive plan and jockeyed over what to include in it. -
An Appeal That Looks to (and Uses) the Spirit of the 1960s
Posted: January 29th, 2008, 9:32pm EST
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Barack Obama’s first spot highlighting Caroline Kennedy’s endorsement features images of her father and the Moon landing. -
TV Showman, Once Exiled, Returns With Video Site
Posted: January 29th, 2008, 9:27pm EST
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Stephen Chao, a hit maker fired from News Corp., is starting an Internet video venture in how-to clips. -
Fed’s Issue on Rates: How Low?
Posted: January 29th, 2008, 9:26pm EST
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After a stunning cut one week ago, the Federal Reserve appears poised to announce another rate cut on Wednesday as insurance against a recession. -
Mortgage Lender Posts $422 Million Loss
Posted: January 29th, 2008, 9:23pm EST
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The huge loss for Countrywide Financial Corporation was not expected to hinder its $4.1 billion takeover by the Bank of America. -
3M’s Profit Falls After a 2006 Gain
Posted: January 29th, 2008, 9:20pm EST
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MINNEAPOLIS (AP) — The 3M Company, which makes Scotch tape, Post-it notes and industrial adhesives, posted lower fourth-quarter earnings on Tuesday, compared with the quarter a year ago, which included a one-time gain. -
Pepsi Sales Are Flat, but Bottler’s Profit Edges Up
Posted: January 29th, 2008, 9:18pm EST
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The Pepsi Bottling Group posted a profit on Tuesday that beat Wall Street estimates by a penny, despite flat volume. -
U.S. Steel Earnings Short of Wall St. Forecasts
Posted: January 29th, 2008, 9:18pm EST
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PITTSBURGH (AP) — United States Steel reported substantially lower fourth-quarter profits on Tuesday, as acquisition costs, European job cuts and lower prices weighed down results. -
Allstate Profit Drops 37% on Storm Losses
Posted: January 29th, 2008, 9:17pm EST
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CHICAGO (AP) — The Allstate Corporation, the property and casualty insurer, reported a 37 percent decline in fourth-quarter profit Tuesday on higher catastrophe losses and increased costs. -
Foreign Retailers Follow Their Shoppers to New York
Posted: January 29th, 2008, 8:30pm EST
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New York’s chic shopping districts seem to be teeming these days with foreign tourists taking advantage of the weak dollar. Foreign retailers are now joining them. -
A Comeback Story Decades in the Making
Posted: January 29th, 2008, 7:46pm EST
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In a long-depressed Washington area, gentrification is finally taking hold. -
French Bank Offers Details of $7 Billion Loss
Posted: January 27th, 2008, 2:32pm EST
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Société Générale said the trader was involved in an elaborate, yearlong ruse that involved betting billions of dollars on European stock index futures. -
What’s $34 Billion on Wall Street?
Posted: January 27th, 2008, 2:23pm EST
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For many top Wall Street executives, humiliation and defeat do not necessarily result in professional exile. -
Loan Reviewer Aiding Inquiry Into Big Banks
Posted: January 27th, 2008, 12:23pm EST
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The company will provide evidence that banks had detailed information about the risks posed by ill-fated subprime mortgages. -
French Trader in Custody After $7 Billion in Losses
Posted: January 27th, 2008, 11:38am EST
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Investigators were expected to question the trader in connection with a massive fraud at Société Générale. -
Identified Flying Objects Over Phoenix
Posted: January 27th, 2008, 5:35am EST
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Private-jet schedulers say they are seeing record bookings for Super Bowl weekend flights, and that an epic traffic jam could ensue in the skies. -
The Coming Wave of Gadgets That Listen and Obey
Posted: January 27th, 2008, 3:04am EST
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Devices that incorporate speech recognition are starting to hit the mass market, giving users the ability to let their mouths do the walking — and the searching. -
Saving Sears Doesn’t Look Easy Anymore
Posted: January 27th, 2008, 12:41am EST
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The problem, analysts say, boils down to this: Customers are avoiding Sears stores in droves. -
Don’t Dismiss the Psychology of the Tax Refund
Posted: January 27th, 2008, 12:01am EST
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Although the money was always yours, a tax refund can seem like a windfall. -
Will Cars Fly as Fast as the Metaphors?
Posted: January 27th, 2008, 12:00am EST
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Old rhetoric dies hard for Alan R. Mulally, the chief executive at Ford Motor Company, who spent most of his career at jet maker Boeing. -
Letters
Posted: January 26th, 2008, 11:37pm EST
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Conservation on the Farm. -
‘Green’ Buildings Don’t Have to Be New
Posted: January 26th, 2008, 11:34pm EST
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The vast stock of older buildings presents a much bigger opportunity to cut down on energy consumption and carbon emissions. -
When English Is the Rule at Work
Posted: January 26th, 2008, 11:33pm EST
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Insistence on an official language means complications for a diverse work force. -
As Seen on TV
Posted: January 26th, 2008, 11:33pm EST
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In college I took a door-to-door sales job. I knew it would be challenging, but I saw it as a way to overcome my shyness. -
Freed From the Page, but a Book Nonetheless
Posted: January 26th, 2008, 11:32pm EST
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Amazon’s new device could turn out to be the iPod of the written word. -
A Small Gain in a Tumultuous Week
Posted: January 26th, 2008, 11:30pm EST
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After the Federal Reserve made an unscheduled interest-rate cut of three-quarters of a percentage point, the broad stock market rallied, eking out a modest gain for the week. -
Can Their Wish Be the Market’s Command?
Posted: January 26th, 2008, 11:29pm EST
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The lessons of legal realism have always been uppermost in my mind when I think about anything important: Stated reasons are often not the real reasons. -
Moviegoers in Seoul Will Love This Film
Posted: January 26th, 2008, 11:29pm EST
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The destruction of New York City in action films may not be appealing to many American moviegoers, but it plays well overseas. -
An Ear to the Ground on Stocks
Posted: January 26th, 2008, 11:28pm EST
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Investor sentiment suggests that the bulk of the stock market’s decline is now behind us. -
Outsmarting the Pack During Earnings Season
Posted: January 26th, 2008, 11:27pm EST
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Knowing a little bit more than the next guy is the name of the game on Wall Street. -
To Build Confidence, Try Better Bricks
Posted: January 26th, 2008, 11:27pm EST
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The key to maintaining economic stability is well-placed confidence in the markets. Bubbles, by contrast, result from misplaced confidence. -
Royal Pay at Delphi, Reined in by a Judge
Posted: January 26th, 2008, 11:12pm EST
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Managers won’t get $87 million for exiting bankruptcy. -
Bringing Home the Bacon, and Keeping Off the Weight
Posted: January 26th, 2008, 11:12pm EST
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Whether their workplaces are superhealthy or stocked with candy at every turn, employees who are struggling to lose weight must deal with challenges at the office. -
Built for the Earth and the Pocketbook
Posted: January 26th, 2008, 11:36am EST
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A Manhattan architect is attempting to marry modernist design and reasonable cost in a Long Island modular home. -
Children’s Crusade
Posted: January 26th, 2008, 6:51am EST
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How does a computer designed for kids in poor countries connect to us? -
Tightening the Alligator Belt
Posted: January 25th, 2008, 10:40pm EST
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With stock markets around the world falling last week, New Yorkers cut back on the essentials, like dry-cleaning their sheets. -
Extra Helping
Posted: January 25th, 2008, 3:51pm EST
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What happens when a philanthropic project becomes so popular that it has trouble keeping up with demand? -
Old-School Economics
Posted: January 25th, 2008, 3:21pm EST
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The transition to a new economy is over. Do our candidates know it? -
British Brewer Is Sold for $15.4 Billion
Posted: January 25th, 2008, 1:17pm EST
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Scottish & Newcastle, Britain’s largest brewer, agreed to a £7.8 billion ($15.4 billion) takeover by the European rivals Carlsberg and Heineken. -
Critiques of Spending Plan Retrace Old Debate
Posted: January 25th, 2008, 12:03pm EST
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Most economists called the emergency spending plan agreed to by the White House and Congress useful but probably not enough. -
Bush and House in Accord for $150 Billion Stimulus
Posted: January 25th, 2008, 12:00pm EST
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The deal capped a series of fast-paced and intense negotiations after both parties had to agree to numerous compromises after more than a year of acid relations. -
Harley-Davidson Profit Falls
Posted: January 25th, 2008, 11:00am EST
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Third-quarter profit fell to $166.5 million, as the slowing economy took its toll on sales of the company’s iconic motorcycles.
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Wyeth Considering Big Job Cuts
Posted: January 25th, 2008, 10:53am EST
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The drugmaker said it is weighing cost cuts that could eliminate 10 percent of its work force over a three-year period. -
Caterpillar Net Up on Sales Outside U.S.
Posted: January 25th, 2008, 10:52am EST
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The company said profit in the latest quarter rose more than 10 percent on strong sales to mining, energy and construction customers outside the United States. -
Trading Partners Fear U.S. Consumers Won’t Continue Free-Spending Ways
Posted: January 25th, 2008, 10:03am EST
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Some fear that American consumers will pull back from their exuberant spending, cooling demand for goods worldwide and dragging down the global economy. -
Throughout Asia, Exporters Brace for Tremors From a U.S. Pullback
Posted: January 25th, 2008, 9:58am EST
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Rather than waiting for the American economy to get worse, companies in Asia are changing how they operate. -
Microsoft Delivers Strong Growth and Includes a Sunny Forecast
Posted: January 25th, 2008, 9:37am EST
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The company’s strong quarterly results and optimistic outlook suggests that a weakening economy will not slow it down. -
Carlsberg and Heineken in $15.3 Billion S&N Deal
Posted: January 25th, 2008, 9:28am EST
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The brewers will buy and break up Scottish and Newcastle in an effort to raise Carlsberg’s position in Russia and Heineken’s presence in Western Europe. -
Honeywell Quarterly Profit and Sales Up
Posted: January 25th, 2008, 8:58am EST
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Citing strong economic conditions, the manufacturer posted fourth-quarter earnings of $689 million, up from $585 million a year earlier. -
Evan Galbraith, Ambassador, Dies at 79
Posted: January 25th, 2008, 6:40am EST
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Mr. Galbraith was a former ambassador to France and a Republican contender for governor of New York in 1994. -
Rudolph R. Sprüngli, Heir to the Lindt Chocolate Empire, Is Dead at 88
Posted: January 25th, 2008, 6:29am EST
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Mr. Sprüngli was the heir to a Swiss chocolate empire and head of the world-renowned Lindt & Sprüngli business for more than two decades. -
A Spiral of Losses by a ‘Plain Vanilla’ Trader
Posted: January 25th, 2008, 2:13am EST
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On Thursday, the world came to know Jérôme Kerviel, 31, as the most dangerous accused rogue trader ever. -
French Bank Says Rogue Trader Lost $7 Billion
Posted: January 25th, 2008, 1:51am EST
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Société Générale said the trader made bad bets on stocks and then, in trying to cover up those losses, dug himself deeper into a hole. -
Strains on the I.R.S. Could Delay Rebate Checks for Months
Posted: January 25th, 2008, 1:47am EST
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President Bush’s plan to send payments to 117 million households to stimulate the economy will require a host of technical rules to determine who ultimately collects the benefits. -
At Davos, Foreign Funds Add Tension to the Talks
Posted: January 25th, 2008, 1:18am EST
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Huge pools of state-controlled cash have rescued American and European banks from their own mistakes. And the people who run those funds want some respect. -
Chronicle’s Editor to Take Broader Role at Hearst
Posted: January 25th, 2008, 1:03am EST
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After almost eight years as the top editor, Phil Bronstein will leave The San Francisco Chronicle and take a post with its parent, the Hearst Corporation. -
Lennar Posts Its Largest Loss Ever
Posted: January 25th, 2008, 1:02am EST
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MIAMI (AP) The Lennar Corporation, the home builder, reported a $1.25 billion fourth-quarter loss on Thursday its biggest ever as a slowdown drove home prices lower and the company took a write-down on land. -
Hershey Expects Lower Earnings This Year
Posted: January 25th, 2008, 12:50am EST
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CHICAGO (Reuters) — The Hershey Company, which is losing market share to rivals like Mars Inc. as it battles rising costs, forecast on Thursday a drop in 2008 earnings. -
Higher Earnings for Military Contractors
Posted: January 25th, 2008, 12:49am EST
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Two large military contractors, the Lockheed Martin Corporation and the Northrop Grumman Corporation, reported higher fourth-quarter profits on Thursday, both citing strong military and civil electronics business. -
US Airways Posts Loss After 4 Profitable Quarters
Posted: January 25th, 2008, 12:49am EST
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TEMPE, Ariz. (AP) — The US Airways Group said Thursday that it had swung to a fourth-quarter loss as a result of significantly higher fuel costs. -
Xerox Posts 79% Profit Increase
Posted: January 25th, 2008, 12:49am EST
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Xerox said its board also approved an additional $1 billion for its stock buyback plan, on top of the $370 million remaining under the existing plan. -
Familiarity Breeds Gloom Among Financial Experts
Posted: January 25th, 2008, 12:37am EST
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Pessimism is greatest among those closest to the financial system, so while some take a working financial system for granted, others see a system in crisis. -
Nokia Increases Profit and Market Share
Posted: January 25th, 2008, 12:36am EST
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Nokia said Thursday that it had extended its share of the global cellphone market to 40 percent in the fourth quarter as profit surged 44 percent on rising sales abroad. -
Bids Total $2.78 Billion in Opening Day of Auction for Airwaves
Posted: January 25th, 2008, 12:34am EST
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The Federal Communications Commission’s auction of federally owned airwaves is eventually expected to bring the government at least $10 billion. -
At Ford, Chief Intends to Get Its Units in Sync
Posted: January 25th, 2008, 12:31am EST
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With the shrinking of Ford’s core United States business nearly completed, chief executive Alan R. Mulally is eager to get Ford’s global operations hitting on all cylinders. -
Frailty of U.S. Finances Has Japanese Agonizing
Posted: January 25th, 2008, 12:30am EST
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As talk of an American recession has helped batter global financial markets, economic policy makers in Japan have largely sat on the sidelines. -
Broadcom Founders Cited in Court
Posted: January 25th, 2008, 12:24am EST
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Federal prosecutors on Thursday identified the co-founders of the Broadcom Corporation as “unindicted potential co-conspirators” in an investigation into the illegal backdating of stock options. -
Sun Microsystems Reports Doubling of Profit
Posted: January 25th, 2008, 12:23am EST
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Net income for Sun’s fiscal 2008 second quarter, rose to $260 million, or 31 cents a share, from $133 million, or 15 cents a share, a year earlier. -
Home Prices Sank in 2007, and Buyers Hid
Posted: January 25th, 2008, 12:18am EST
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The median price of an American single-family home fell in 2007 for the first time in at least four decades, according to the National Association of Realtors. -
Study Says Private Equity Isn’t Big Job Killer
Posted: January 25th, 2008, 12:12am EST
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The World Economic Forum plans to announce on Friday the results of a study that found that companies owned by private equity shed on average about 1 percent more jobs than their peers. -
Ad Trade Group to Name Its First Female President
Posted: January 25th, 2008, 12:09am EST
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The largest trade organization for the advertising industry is poised to name a woman as its leader for the first time in its 91-year history. -
With a Day of Steady Gains, U.S. Stocks Join in a Global Rebound
Posted: January 25th, 2008, 12:03am EST
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The major American markets closed near their highs for the day as investors extended a global financial rally that began Wednesday. -
Russia Talks of a Stability Beyond Ties to the U.S.
Posted: January 25th, 2008, 12:02am EST
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Finance officials in Moscow are now describing Russia as the most insulated from the ill effects of a United States recession among the chief emerging-market economies. -
So Far, Marketers Have Stuck With Networks
Posted: January 24th, 2008, 11:57pm EST
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Nearly three months into a strike by Hollywood screenwriters that has suffocated network television schedules, advertisers have remained sanguine. -
Amgen Posts Weak Results, but Hails Osteoporosis Drug
Posted: January 24th, 2008, 11:45pm EST
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The biotechnology company said Thursday that its experimental osteoporosis drug proved superior to Fosamax from Merck in a clinical trial. -
F.D.A. Plans to Post Inspectors Overseas
Posted: January 24th, 2008, 11:43pm EST
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The F.D.A. intends to post inspectors to embassies and consulates in the developing world in hopes of improving the quality of imported food and medicines. -
AT&T Downplays Damage From Economic Slowdown
Posted: January 24th, 2008, 11:43pm EST
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AT&T reported strong fourth-quarter earnings, with net income rising 63 percent, due in large part to the growth in wireless communications. -
Security Capital Gets Downgrade From Fitch
Posted: January 24th, 2008, 11:42pm EST
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Shares of bond insurers opened strongly Thursday on hopes of a bailout for the beleaguered sector, but ended up falling sharply after Fitch Ratings downgraded Security Capital Assurance. -
Digital Music Sales Grow, but at Slower Rate
Posted: January 24th, 2008, 11:41pm EST
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Digital music, distributed online or by mobile networks, accounted for $2.9 billion in sales worldwide, up from $2.1 billion a year earlier, the industry’s international trade group said. -
Wall St. Journal to Continue Its Charges for Web Content
Posted: January 24th, 2008, 11:41pm EST
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Speaking at the World Economic Forum, Rupert Murdoch said Thursday that The Wall Street Journal will continue to charge readers for access to much of its Web site. -
Magazine Started by Warhol Names Editorial Directors
Posted: January 24th, 2008, 11:40pm EST
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Glenn O’Brien, a longtime New York writer and editor, and Fabien Baron, most recently the creative director for French Vogue, were named joint editorial directors of Interview magazine. -
Live Nation Finds a Buyer for Its Theater Business
Posted: January 24th, 2008, 11:12pm EST
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Live Nation has sold most of its North American theater business to Key Brand Entertainment, a company owned by a British producer and run by an American entertainment executive. -
E*Trade Takes $2.2 Billion Charge
Posted: January 24th, 2008, 10:13pm EST
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The discount brokerage posted a larger-than-expected quarterly loss after a $2.2 billion charge related to the sale of its asset-backed securities portfolio. -
In Asia, the Market Decline Accelerates
Posted: January 22nd, 2008, 12:20am EST
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Markets in Tokyo, Hong Kong and Sydney fell further in the opening hours of trading Tuesday than they had all day on Monday. -
Feeling Misled on Home Price, Buyers Are Suing Their Agent
Posted: January 22nd, 2008, 12:18am EST
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Many regretful or resentful buyers may seek redress from the agents who found them a home and arranged its purchase. -
Editor Fires Parting Shot at His Chain
Posted: January 22nd, 2008, 12:17am EST
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The ousted editor of The Los Angeles Times on Monday argued that cost cuts, a lack of investment and an aversion to serious news is damaging the newspaper industry. -
Siemens’s Prosperity Doesn’t Obscure Bribery Scandal
Posted: January 22nd, 2008, 12:08am EST
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Business is booming at Siemens under the new chief executive. Yet the coming trials of some former executives have kept the company operating under a cloud. -
Hundreds of Layoffs Expected at Yahoo
Posted: January 22nd, 2008, 12:07am EST
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Yahoo plans to lay off hundreds of employees to increase profitability, prop up its deflated stock price and focus on a smaller number of key areas, people close to the company said. -
For Ex-Trader, Sinking Feeling Is Reassuring
Posted: January 22nd, 2008, 12:06am EST
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After four years of trading subprime mortgages, Jason Rew jettisoned his job at the investment bank Goldman Sachs and founded an off-shore business. -
Aviation Industry Offers Ideas to Help Passengers
Posted: January 22nd, 2008, 12:03am EST
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Aviation executives are sharing a list of steps they can take to make passengers’ lives a easier the next time a blizzard or another event strands planes on the ground. -
Europe, Cutting Biofuel Subsidies, Redirects Aid to Stress Greenest Options
Posted: January 21st, 2008, 11:59pm EST
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In cutting across-the-board subsidies for biofuels, governments in Europe are discovering how difficult it can be to figure out whether a particular fuel has been produced in an environmentally friendly manner. -
Anheuser-Busch Pushes the Big Beers for the Super Bowl
Posted: January 21st, 2008, 11:58pm EST
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Anheuser-Busch, which buys more commercial time each year in the Super Bowl than any other marketer, is likely to run seven spots in Super Bowl XLII on Feb. 3, all of them for Budweiser or Bud Light. -
Extension for Troubled Bond Insurer
Posted: January 21st, 2008, 11:55pm EST
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ACA Capital Holdings Inc. has received an additional month to unwind an estimated $69 billion of credit exposure stemming from the subprime mortgage crisis. -
Japan’s Bank, as Expected, Leaves Key Rate Unchanged
Posted: January 21st, 2008, 11:54pm EST
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Nonetheless, some investors expect the bank to cut borrowing costs this year, backtracking from its pledge to raise interest rates gradually. -
Brazil’s Vale Confirms Talks to Merge With Xstrata
Posted: January 21st, 2008, 11:54pm EST
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The world’s largest producer of iron ore, Companhia Vale do Rio Doce of Brazil, said it was in talks with a rival, Swiss-based Xstrata, about a merger. -
In Vioxx Settlement, Testing a Legal Ideal: A Lawyer’s Loyalty
Posted: January 21st, 2008, 11:49pm EST
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Is an attorney’s fierce devotion to an individual client’s interests a passé concept? -
Proving Laughter Is Best Medicine for Air Sickness
Posted: January 21st, 2008, 11:26pm EST
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Rene Foss, a flight attendant, has a one-woman show called “Around the World in a Bad Mood,” in which she ridicules the airline industry and everything about it. -
What Money Can Buy: Influence
Posted: January 21st, 2008, 11:26pm EST
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While government-controlled funds swear up and down that their investments are purely financially motivated, they just can’t be. -
Major Printer in Canada Files for Bankruptcy Protection
Posted: January 21st, 2008, 11:26pm EST
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Quebecor World, the second-largest commercial printer in the world, made the move after its banks failed to approve a rescue plan. -
Airwaves, Web Power At Auction
Posted: January 21st, 2008, 11:23pm EST
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The auction for rights to a highly valuable swath of the nation’s airwaves will begin Thursday and is expected to include multibillion-dollar bids from the nation’s two biggest wireless phone companies. -
If Everyone’s Finger-Pointing, Who’s to Blame?
Posted: January 21st, 2008, 11:22pm EST
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The turmoil in the mortgage markets has incited a wave of legal tangles, as homeowners are suing lenders, lenders are suing banks, banks are suing loan specialists. And investors are suing everyone. -
Managers Foresee Fewer Airlines and Higher Fares
Posted: January 21st, 2008, 11:20pm EST
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Three-quarters of corporate travel managers said they expect airline mergers to result in higher fares and more than half expect the quality of service to suffer. -
James Sorenson, Medical Device Pioneer, Is Dead at 86
Posted: January 21st, 2008, 11:19pm EST
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Mr. Sorenson overcame a learning disability and built a fortune in innovative medical devices and real estate. -
U.S. Worries Deliver a New Jolt Overseas
Posted: January 21st, 2008, 11:16pm EST
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Since late summer, the United States economy has demonstrated an enduring power to surprise. And not for the better. -
Britain to Aid Northern Rock Sale
Posted: January 21st, 2008, 11:16pm EST
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The British Treasury said it would facilitate a sale of the troubled mortgage lender while trying to ensure that taxpayers will not have to pay for the bank’s rescue. -
High in the Air, Artist Attracts a Crowd
Posted: January 21st, 2008, 11:15pm EST
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There is something wonderful about being 35,000 feet in the air, looking down on the earth, that gives an artist a new perspective. -
Memo Pad
Posted: January 21st, 2008, 11:15pm EST
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Major airlines have raised fares again, a week after a round of $50 round-trip fare increases collapsed when Continental Airlines rescinded its increases, causing all the others to back off as well. -
Online Reviews of Hotels and Restaurants Flourish
Posted: January 21st, 2008, 11:14pm EST
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Many of the reader-generated reviews of travel services on the Web are taking an ever-growing piece of the market from print guides. -
Stricter System to Trim Carbon Emissions Is Considered in Europe
Posted: January 21st, 2008, 11:12pm EST
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European Union officials this week will aim to reduce corporate influence and make polluting more expensive. -
Markets Plummet Worldwide, but Is Investors’ Panic Justified?
Posted: January 21st, 2008, 11:02pm EST
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Some analysts saw Monday’s sell-off, with leading indexes off 4 percent to 7 percent worldwide, as being driven by fear more than by fact. -
Murdoch Son Part of Bid for Publisher
Posted: January 21st, 2008, 11:01pm EST
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Lachlan Murdoch and the gambling magnate James D. Packer have made an offer of 3.3 billion Australian dollars ($2.9 billion) to buy Consolidated Media Holdings. -
Caution’s in the Air as Sundance Opens
Posted: January 21st, 2008, 3:19am EST
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The Sundance Film Festival’s opening weekend drew to a close looking more and more like a disappointment, if not an outright dud. -
For Clinton, Government as Economic Prod
Posted: January 21st, 2008, 2:33am EST
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Senator Hillary Rodham Clinton said that the government should take an active role in the economy to address what she said were the excesses of the market and of the Bush administration. -
Frontline Blogger Covers War in Iraq With a Soldier’s Eyes
Posted: January 21st, 2008, 1:12am EST
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A former Special Forces soldier has created a loyal following on the Web with his accounts of frontline soldiers’ daily work in Iraq. -
Bausch & Lomb Buys a Competitor
Posted: January 21st, 2008, 1:10am EST
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Bausch & Lomb, the eye health company, said it had acquired a rival, eyeonics Inc., for an undisclosed amount. -
Campaign Reporting in Under 140 Taps
Posted: January 21st, 2008, 1:06am EST
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Reporters are using instant messages and the Twitter service to pump out details from the campaign trail. -
Los Angeles Editor Ousted After Resisting Job Cuts
Posted: January 21st, 2008, 1:01am EST
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James E. O’Shea followed the path of his predecessor. He refused to cut newsroom jobs, and lost his own. -
Getty Images Up for Sale, Could Fetch $1.5 Billion
Posted: January 21st, 2008, 12:51am EST
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Getty Images, the world’s biggest supplier of pictures and video to media and advertising companies, has put itself on the auction block. -
Betting on a Bright Future for Rear-Projection TVs
Posted: January 21st, 2008, 12:49am EST
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Texas Instruments hopes that new chips can lead to more realistic video game play and 3-D DVDs. -
In Europe, Apple Faces Hurdles to iTunes Movie Rentals
Posted: January 21st, 2008, 12:45am EST
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The European market rules will force deals to be made one country at a time. -
Letter From Penn Berates Paper That Used Him as a Contributor
Posted: January 21st, 2008, 12:40am EST
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The actor takes aim at The San Francisco Chronicle in response to a satirical article that suggested celebrities in decline associate with “notorious dictators.” -
Ads Use Logos of Washington Post to Skewer It
Posted: January 21st, 2008, 12:38am EST
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A union representing some of the paper’s employees is using the campaign to highlight its disagreements with the paper’s management. -
A Venerable Magazine Energizes Its Web Site
Posted: January 21st, 2008, 12:35am EST
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Executives at The Atlantic hope that a rise in the magazine’s Web traffic brings the publication something it hasn’t had in many years: a profit. -
The Week’s Economic Reports
Posted: January 21st, 2008, 12:14am EST
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The release of existing-home sales numbers on Thursday highlight a slow week for economic data. -
Taxi Drivers in London Take a Turn as Pitchmen
Posted: January 21st, 2008, 12:06am EST
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A promotional campaign for an online gambling Web site will enlist the help of London taxi drivers to engage passengers in conversation and promote the site. -
Multinationals Fight Climate Change
Posted: January 21st, 2008, 12:05am EST
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Eleven companies are teaming up to see how they can work with thousands of their suppliers to curb greenhouse gas emissions. -
A Site Follows the Money So Users Can Slice and Dice
Posted: January 20th, 2008, 11:41pm EST
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Politicalbase.com is building a base of devoted political junkies, and its creators think the site’s audience will keep growing -- even after the November election. -
The Video Game May Be Free, but to Be a Winner Can Cost Money
Posted: January 20th, 2008, 11:32pm EST
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In the next installment of its popular Battlefield series, Electronic Arts will charge only advertisers and the players who spring for extras. -
HBO Putting Shows Online, at No Additional Charge
Posted: January 20th, 2008, 11:24pm EST
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HBO, cable’s most popular premium channel, is carefully entering the arena of Internet video. -
Can’t Tell a Book by Its Cover, or Even Its Title, It Turns Out
Posted: January 20th, 2008, 11:23pm EST
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A cookbook author is angered that another writer is using his book’s title, but learns there’s not much he can do about it. -
Web Cartoon Bolsters Visits to Newsday
Posted: January 20th, 2008, 11:10pm EST
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An animated cartoon of aging baby boomers gives Newsday’s Web traffic a big spike. -
See Cookies? Go Watch a Movie
Posted: January 20th, 2008, 11:09pm EST
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Consumers make more impulsive choices after being exposed to “appetitive stimuli,” according to a new study. -
Soap-Operas Are the Hidden Drama of Strike
Posted: January 20th, 2008, 11:08pm EST
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The most sensational mystery in daytime may be how soap operas are being written at all, considering that nearly all of their writers are guild members on strike. -
Little Data on Stent’s Most Common Use
Posted: January 20th, 2008, 10:57pm EST
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The device designed for use in bile ducts is often placed in arteries and veins, even though it has undergone scant testing for such uses. -
Britain Says Northern Rock Is Not Sold Yet
Posted: January 20th, 2008, 10:56pm EST
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Britain’s prime minister, Gordon Brown, denied reports that he had made a deal with Richard Branson over the sale of Northern Rock during a trip to China and India. -
Treasury Auctions Set for This Week
Posted: January 20th, 2008, 10:56pm EST
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The Treasury’s schedule of financing this week included the regular weekly auction of new three- and six-month bills on Thursday and an auction of four-week bills on Tuesday. -
Ex-Newsman Laments a Dying Craft
Posted: January 20th, 2008, 10:52pm EST
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The creator of “The Wire” writes a love letter to journalism, with the bosses cast as villains. -
From MySpace to YourSpace
Posted: January 20th, 2008, 10:49pm EST
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A Web blockbuster is evolving to try to stay ahead of rivals. -
Fed’s Survey Provides More Indications of Economic Slippage
Posted: January 17th, 2008, 1:44am EST
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Inflation crept up in December, but the rise in prices will likely do little to hold back another interest rate cut this month. -
Fraud by University Owner Is Found
Posted: January 17th, 2008, 1:44am EST
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The Apollo Group Inc., the company that owns the University of Phoenix, fraudulently misled investors in 2004 about student recruitment policies. -
Head of World Bank Fraud Unit Resigns
Posted: January 17th, 2008, 1:43am EST
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The resignation of Suzanne Rich Folsom is another blow to the already shaken organization, six months after its new president took office. -
Bernanke Is Said to Support Stimulus Measures
Posted: January 17th, 2008, 1:39am EST
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The chairman of the Federal Reserve told members of Congress he would back tax cuts or spending measures, so long as they are temporary. -
Cholesterol as a Danger Has Skeptics
Posted: January 17th, 2008, 1:35am EST
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Following results of recent clinical trials on popular cholesterol drugs, cardiologists are questioning whether a patient’s cholesterol should be all that matters. -
Sun to Buy Swedish Software Firm for $1 Billion
Posted: January 17th, 2008, 1:04am EST
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Sun Microsystems, the large U.S. seller of open-source software, said it would buy MySQL, the world leader in open-source database software, for $1 billion. -
Revising a Name, but Not a Familiar Slogan
Posted: January 17th, 2008, 1:01am EST
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The United Negro College Fund’s slogan remains a powerful ad message 35 years after its debut. The group’s name, however, has become a source of alienation. -
When 3rd Place on the Rich List Just Isn’t Enough
Posted: January 17th, 2008, 12:43am EST
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Casino mogul Sheldon J. Adelson may well be the richest American that most people have never heard of. -
In the Math of Mergers, Airlines Fail
Posted: January 16th, 2008, 11:58pm EST
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Another lesson in two may not be greater than one. -
Snap-on Parts Didn’t Click Together for Boeing Jet
Posted: January 16th, 2008, 11:53pm EST
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Plug and play — a popular concept that allows buyers of computers and electronic games to avoid frustrating assembly — is proving hard to pull off for Boeing. -
Taped Calls Key in Trial of Former General Re Executives
Posted: January 16th, 2008, 11:51pm EST
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Federal prosecutors plan to introduce into evidence at least 29 recorded phone calls in the trial of retired General Re executives. -
First Backdating Conviction Brings Prison Term and $15 Million Fine
Posted: January 16th, 2008, 11:48pm EST
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Brocade Communications Systems’ former chief executive received a 21-month prison sentence for designing a plan to tamper with the firm’s records of stock option grants. -
Gizmos, Gadgets and Steve Jobs, Too
Posted: January 16th, 2008, 11:22pm EST
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Apple holds its annual Macworld Expo and it’s chock-full of new high-tech goodies to be tried out. -
An Improved Offer by Oracle Captures BEA Systems
Posted: January 16th, 2008, 11:19pm EST
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Oracle has finally won its prize, the rival BEA Systems, after sweetening the offer by 14 percent, just three months after BEA rejected its original bid. -
Schwab Profit Off, Reflecting Sale of Unit
Posted: January 16th, 2008, 11:19pm EST
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The Charles Schwab Corporation, the retail brokerage firm, said Wednesday that fourth-quarter profit fell 34 percent from the period a year ago, which included a tax gain and earnings from its U.S. Trust wealth management unit, which has since been sold. -
European Antitrust Regulators Raid Large Drug Makers
Posted: January 16th, 2008, 11:19pm EST
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European regulators raided some of the continent’s biggest drug makers in an inquiry over whether patent disputes and lawsuits are keeping generic products off the market. -
AMR Reports a Smaller Loss Than Expected
Posted: January 16th, 2008, 11:19pm EST
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AMR, the parent of American Airlines, posted a smaller-than-expected fourth-quarter loss on Wednesday, but the results showed the industry’s continuing vulnerability to high fuel costs. -
Entrepreneurship Takes Off in Ireland
Posted: January 16th, 2008, 11:17pm EST
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Ireland’s relatively new emphasis on entrepreneurs is the culmination of four decades of policies that have lifted the economy from centuries of poverty to modern prosperity. -
Ex-Time Editor to Help Lead Book Publisher
Posted: January 16th, 2008, 11:16pm EST
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Priscilla Painton, most recently the deputy managing editor of Time Magazine, has been named editor in chief of Simon & Schuster’s adult trade imprint. -
A Bond Insurer Ousts Its Chief After Taking a Big Write-Down
Posted: January 16th, 2008, 11:16pm EST
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Michael A. Callen will succeed Robert J. Genader as chief executive of the Ambac Financial Group, after the bond insurer cut its dividend 67 percent. -
Quarterly Income Slips at JPMorgan, Ending Record Year but Hinting at Concerns
Posted: January 16th, 2008, 11:15pm EST
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Mortgage troubles are spreading to credit cards and auto loans. -
German Law Seeks to Maintain the State’s Role in Volkswagen
Posted: January 16th, 2008, 11:15pm EST
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Under a draft of the law, Volkswagen could make major changes only with approval of shareholders representing one share more than 80 percent of its share capital. -
Asian Stocks Fall Sharply
Posted: January 16th, 2008, 11:11pm EST
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Asian shares fell as subprime loan problems in the United States and soft economic data provoked international fear. -
Federal-Mogul Names Icahn as Chairman
Posted: January 16th, 2008, 11:11pm EST
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The Federal-Mogul Corporation, the auto parts supplier that emerged from Chapter 11 bankruptcy last month, named the billionaire investor and shareholder Carl C. Icahn as nonexecutive chairman on Wednesday. -
The Education of Ben Bernanke
Posted: January 16th, 2008, 10:54pm EST
Tags: [edit]
Banks won’t lend money. Oil has reached $100 a barrel. Unemployment is up. What’s a Fed chief to do? -
Head of Canadian Nuclear Regulator Fired
Posted: January 16th, 2008, 10:42pm EST
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The president of Canada’s nuclear industry regulator, embroiled in a dispute with the government over the closing and later reopening of a reactor, was fired. -
After Bumpy Ride, Shares Lose Ground
Posted: January 16th, 2008, 9:59pm EST
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Wall Street staggered through another volatile session Wednesday, giving up gains of a modest rally in the last minutes of trading. -
Sony Ericsson Fourth-Quarter Profit Falls
Posted: January 16th, 2008, 7:35pm EST
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Mobile phone maker Sony Ericsson said fourth-quarter profit fell almost 17 percent as higher costs more than offset the effect of a rise in shipments. -
Citigroup Loss Raises Anxiety Over Economy
Posted: January 16th, 2008, 3:05am EST
Tags: [edit]
Reporting a fourth-quarter loss of $9.83 billion, Citigroup also issued a forecast that the economy had not yet bottomed out. -
A Classic Series, Retooled and Swingin’
Posted: January 16th, 2008, 2:55am EST
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A cartoon classic from the 1960’s gets a makeover to suit the tastes of 21st-Century kids. -
At Auto Show, Chinese Are Sidelined but Not Ignored
Posted: January 16th, 2008, 2:52am EST
Tags: [edit]
While the vehicles have yet to go on sale in the United States, they stole some thunder from the Big Three at the Detroit Auto Show. -
F.D.A. Says Food From Cloned Animals Is Safe
Posted: January 16th, 2008, 2:51am EST
Tags: [edit]
Despite the F.D.A. endorsement, the Agriculture Department has asked farmers to continue withholding clones from the food supply. -
Worry in Michigan as Forests Change Hands
Posted: January 16th, 2008, 2:46am EST
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The sales of more than a million acres of timberland in Northern Michigan have caused many people to worry about their jobs and their ability to hunt and fish. -
New Troubles for Apartment Mogul in South
Posted: January 16th, 2008, 2:44am EST
Tags: [edit]
Michael B. Smuck was one of the leading real estate syndicators in New Orleans in the 1980s until his limited partnerships began unraveling, causing large losses and unleashing years of legal battles with unhappy investors. -
Female Business Owners Fault New Rules on U.S. Contracts
Posted: January 16th, 2008, 2:41am EST
Tags: [edit]
Women who own small businesses have been pushing for years for a bigger piece of government contracts. And few are happy with the new rules created by the Small Business Administration. -
Second Leg of Apple’s Plans Includes Jumping Back Into Movie Rentals
Posted: January 16th, 2008, 2:36am EST
Tags: [edit]
Steven P. Jobs is rebooting Apple’s digital movie effort and putting the company squarely in the middle of an intensifying industry battle. -
Enhancing Its Hits, Apple Adds Movie Rentals, Ultralight Laptop
Posted: January 16th, 2008, 2:35am EST
Tags: [edit]
Apple’s Steven P. Jobs introduced an elegant new MacBook, and is betting he can mimic his digital music success with movies. -
Volkswagen Corruption Trial Includes Seamy Testimony
Posted: January 16th, 2008, 2:31am EST
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The scandal involving Volkswagen’s former chief executive involves charges of bribery and illicit sex. -
Interest Fades in the Once-Mighty V-8
Posted: January 16th, 2008, 2:29am EST
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Long a symbol of power for American car companies, the V-8 engine is sputtering as Detroit’s Big Three promote smaller engines and alternative-fuel vehicles. -
Supreme Court Limits Lawsuits by Shareholders
Posted: January 16th, 2008, 1:42am EST
Tags: [edit]
In its most important securities fraud ruling in years, the Supreme Court placed a huge obstacle before shareholders looking to sue someone after a stock purchase turns sour. -
Investors Show a Deepening Pessimism
Posted: January 16th, 2008, 1:35am EST
Tags: [edit]
While the economic weakness has been concentrated in the financial services, home building and related sectors, investors are growing fearful that it is spreading. -
Guild Allows Writers to Work on N.A.A.C.P. Awards
Posted: January 16th, 2008, 1:35am EST
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Citing the N.A.A.C.P.’s dedication to social change, the guild agreed to make an exception for the February awards show. -
U.S. Bancorp Earnings Dropped 21% in 4th Quarter
Posted: January 16th, 2008, 1:31am EST
Tags: [edit]
The bank’s net income slid to $942 million, or 53 cents a share, from $1.19 billion, or 66 cents a share, in the period a year ago. -
Houghton Mifflin Names Publisher of a Unit
Posted: January 16th, 2008, 1:30am EST
Tags: [edit]
Becky Saletan, publisher of the trade division of Harcourt, has been named publisher of Houghton Mifflin Harcourt Adult Trade Books. -
Consumers Holding Back on Spending
Posted: January 16th, 2008, 1:28am EST
Tags: [edit]
The nation’s retailers wrapped up the weakest sales year since 2002, according to a gloomy report that fanned fears of a recession. -
Lender to Cut 2,400 Employees, Including Sales Staff in India
Posted: January 16th, 2008, 1:25am EST
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The mortgage lender IndyMac Bancorp said that it would cut its work force by 24 percent. -
Check-Cashing Chain Is Takeover Target
Posted: January 16th, 2008, 1:21am EST
Tags: [edit]
Pay-O-Matic is the subject of a takeover by Founders Equity, a private equity firm in New York, in a deal estimated at more than $500 million. -
More Delays Expected for Boeing’s Dreamliner
Posted: January 16th, 2008, 1:11am EST
Tags: [edit]
The company is expected to announce another delay in production of its popular 787 Dreamliner, which could frustrate some international airlines’ expansion plans. -
A Strong Intel Disappoints on Outlook
Posted: January 16th, 2008, 1:08am EST
Tags: [edit]
The chip maker reported revenue of $10.71 billion, up 10.5 percent from the quarter a year earlier, but about $100 million short of analysts’ forecasts. -
Isaac Mizrahi Leaves Target to Revamp Liz Claiborne
Posted: January 16th, 2008, 1:05am EST
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The cheap-chic designer is leaving the retailer for a more ambitious, and lucrative, role of making over the struggling Liz Claiborne label. -
Bank of America Curbs Investment Banking
Posted: January 16th, 2008, 1:05am EST
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The banking giant said it was scaling back its investment banking operations and shedding an additional 650 jobs. -
A Revival of 1992’s Glum Mood
Posted: January 16th, 2008, 1:04am EST
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The details of the economic slump have changed since the ’92 presidential race, but the main story line remains much the same. -
Buddy, Can You Spare a Billion?
Posted: January 16th, 2008, 1:01am EST
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First, hard-pressed Wall Street banks turned to rich foreign governments for help. Now, they are seeking aid from the likes of New Jersey and big mutual funds. -
An Effort to Stem Losses at Citigroup Produces a Renewed Focus on Risk
Posted: January 16th, 2008, 1:00am EST
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Doling out credit, but with an eye on the balance sheet. -
Global Advances Challenge U.S. Dominance in Science
Posted: January 16th, 2008, 12:54am EST
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The United States remains the world leader in scientific and technological innovation, but its dominance is threatened by economic development elsewhere, particularly in Asia. -
Wrangling Over Stimulus Is One-Sided So Far
Posted: January 16th, 2008, 12:51am EST
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The economy needs stimulating — on that much, at least, Congressional Democrats agree. But from there, things get complicated. -
Bush Prods Saudi Arabia on Oil Prices
Posted: January 16th, 2008, 12:39am EST
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Saudi Arabia’s oil minister appeared to rebuff the president’s appeal to consider the cost to the U.S. economy. -
Oprah Winfrey and Discovery to Create New Cable Network
Posted: January 16th, 2008, 12:05am EST
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Oprah Winfrey and Discovery Communications said on Tuesday that they would jointly create OWN, the Oprah Winfrey Network, a cable television channel to make its debut in 2009. -
Northern Rock Investors Reject Curbs on Asset Sales
Posted: January 15th, 2008, 8:37pm EST
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The vote was a setback for two hedge funds, which had hoped to obtain greater influence in the bank’s future and keep it from selling assets at “fire sale prices.” -
Coca-Cola Urged to Close an Indian Plant to Save Water
Posted: January 15th, 2008, 8:26pm EST
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An environmental group says a Coca-Cola bottling plant in the drought-stricken state of Rajasthan is depleting scarce water supplies. -
F.D.A. Approves Drug for Intestinal Disease
Posted: January 14th, 2008, 10:03pm EST
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Tysabri, a treatment for multiple sclerosis, received regulatory approval on Monday for use among patients with Crohn’s disease. -
Samsung Chairman’s Office Raided in Inquiry
Posted: January 14th, 2008, 10:03pm EST
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Special prosecutors are investigating accusations that the company’s chairman, Lee Kun Hee, had amassed slush funds to bribe politicians, prosecutors and government officials. -
Citi to Announce Big Cuts and New Investors
Posted: January 14th, 2008, 9:59pm EST
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Citigroup is expected to announce on Tuesday 4,000 additional job cuts, a steep cut in its stock dividend, and another boost from foreign investors. -
I.B.M. Gains Lift Gloom From Markets
Posted: January 14th, 2008, 9:59pm EST
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Wall Street advanced sharply Monday after a rout on Friday following solid preliminary results from I.B.M. -
Europe May Ban Imports of Some Biofuel Crops
Posted: January 14th, 2008, 9:57pm EST
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If approved, the law would prohibit the importation of fuels derived from crops grown on certain kinds of land — including forests, wetlands or grasslands. -
Foreign Sales Help I.B.M. to a Strong Quarter
Posted: January 14th, 2008, 9:55pm EST
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The technology giant’s quarterly profit — up 24 percent — may not be as reliable an indicator of broader trends in the American economy as in the past. -
Video Game Industry Seeks Political Clout
Posted: January 14th, 2008, 9:54pm EST
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The video game industry intends to establish a political action committee to donate money to game-friendly politicians and candidates. -
More Than Games, a Net to Snare Social Networkers
Posted: January 14th, 2008, 9:52pm EST
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Zynga Game Network, is one of a new cluster of Internet ventures capitalizing on the rapidly growing social networks, like Facebook and MySpace. -
Sears Warns of Another Steep Drop in Profit
Posted: January 14th, 2008, 9:52pm EST
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Evidence of an abrupt slowdown in consumer spending mounted Monday as Sears Holdings, the owner of Sears and Kmart, warned that its profit would most likely plunge as much as 57 percent for the three months ending in early February. -
A Loophole Lets a Foot in the Door
Posted: January 14th, 2008, 9:47pm EST
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How to accumulate enormous stakes in a company without tipping your hand. -
Baltimore Finds Subprime Crisis Snags Women
Posted: January 14th, 2008, 9:46pm EST
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In Baltimore and elsewhere around the country, subprime mortgages, which are driving the foreclosure rate, have gone disproportionately to women. -
Study Reveals Doubt on Drug for Cholesterol
Posted: January 14th, 2008, 9:43pm EST
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A clinical trial of Zetia, a widely used cholesterol drug, has raised questions about its effectiveness and the behavior of pharmaceutical companies that conducted the study. -
Commodities’ Relentless Surge
Posted: January 14th, 2008, 9:37pm EST
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A global boom in the cost of commodities, the staple ingredients of a modern economy, is entering its sixth year with no end in sight. -
Magellan Fund, Closed in ’97, Will Reopen
Posted: January 14th, 2008, 9:32pm EST
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For the first time in a decade, new investors will be able to put money into a mutual fund that helped fuel Fidelity Investments’ rapid growth. -
1,500 Job Cuts Expected at EMI
Posted: January 14th, 2008, 9:26pm EST
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Terra Firma plans to dismiss about a third of the staff at EMI as it moves to streamline marketing operations and focus on the discovery of new artists. -
MySpace Agrees to Lead Fight to Stop Sex Predators
Posted: January 14th, 2008, 9:24pm EST
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The country’s largest social-networking Web site has agreed with attorneys general of 49 states to take new steps to protect children from sexual predators on its site. -
Europe Delays Changing Rules on Cheap Goods
Posted: January 14th, 2008, 5:22pm EST
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The move illustrates deep divisions within Europe over how to deal with the surge of Chinese exports and the job losses caused by the outsourcing of production to Asia. -
Europe Launches New Probes Against Microsoft
Posted: January 14th, 2008, 12:18pm EST
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The E.U. said it would look into complaints that Microsoft unfairly tied its Web browser to its Windows operating system, making it harder for software rivals to work with Windows. -
Cholesterol Drug Has No Benefit in Trial
Posted: January 14th, 2008, 12:02pm EST
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The outcome of a clinical trial that failed to show that Zetia has any medical benefits adds to concerns over the popular drug. -
Sears Lowers Outlook and Shares Fall
Posted: January 14th, 2008, 11:40am EST
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The retailer, led by the hedge fund manager Edward Lampert, warned that falling sales would force it to post fourth-quarter earnings well below analyst estimates. -
Toyota Will Offer a Plug-In Hybrid Vehicle by 2010
Posted: January 14th, 2008, 11:14am EST
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The move puts Toyota in direct competition with General Motors, which plans to sell its own plug-in hybrid, the Chevrolet Volt, sometime around 2010. -
MySpace and 45 States Team Up to Fight Online Predators
Posted: January 14th, 2008, 11:00am EST
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The social networking Web site has agreed to include online protections and participate in a working group to develop age-verification technologies, according to an official familiar with the agreement. -
I.B.M. Posts Strong Preliminary Results
Posted: January 14th, 2008, 9:50am EST
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In a preliminary report, I.B.M. said its fourth-quarter earnings from continuing operations rose 24 percent from a year ago, beating Wall Street expectations by a wide margin. -
Trying to Fine-Tune Yahoo
Posted: January 14th, 2008, 2:15am EST
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Yahoo’s chief executive and co-founder plans to expand the Internet stalwart to make it “a starting point” for consumers. -
Zagat Publisher Seeks Buyer
Posted: January 14th, 2008, 2:15am EST
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A “clever and sharp” restaurant guide company with telling” rankings and “a penchant for quote marks” from its thousands of “in-the-know” reviewers is “on the block.” -
Ford and Chrysler Unveil Their Redesigned Pickups
Posted: January 14th, 2008, 2:14am EST
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Cowboys and live cattle took over downtown Detroit Sunday as Ford Motor and Chrysler heralded new versions of their all-important pickup trucks. -
G.M. Buys Stake in Ethanol Made From Waste
Posted: January 14th, 2008, 2:13am EST
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Eager to ensure a supply of fuel for the fleet of flex-fuel ethanol-capable vehicles it is building, G.M. has invested in a start-up bio-fuel producer, Coskata Inc. -
Americans Cut Back Sharply on Spending
Posted: January 14th, 2008, 1:56am EST
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A pullback in spending raises the possibility that the country may be experiencing a rare decline in personal consumption. -
Drug Approved. Is Disease Real?
Posted: January 14th, 2008, 1:44am EST
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The first drug to treat fibromyalgia has been approved, but some dispute the very existence of the condition. -
U.S. Cities Put on the Charm for Foreign Tourists
Posted: January 14th, 2008, 1:43am EST
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As the weak dollar woos international visitors, individual cities and states are stepping up their global promotional efforts. -
Free Song Promotion Is Expected From Amazon
Posted: January 14th, 2008, 1:41am EST
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At the Super Bowl next month, the music industry will be switching teams — from Apple to Amazon.com. -
Reality TV Is No Lightweight in the Battle to Outlast Strikers
Posted: January 14th, 2008, 1:39am EST
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For the moment at least, the antistrike strategy of replacing scripted entertainment with so-called reality series seems inspired. -
When Gadget Parts Break or Get Lost
Posted: January 14th, 2008, 1:39am EST
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New services are helping appliance makers and consumers find spare components. -
After Ratings Slip, Animal Planet Turns to Its Wilder Side
Posted: January 14th, 2008, 1:35am EST
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Animal Planet, long regarded as a gentle wildlife channel, is shedding its cute and cuddly image. -
Wesley Snipes to Go on Trial in Tax Case
Posted: January 14th, 2008, 1:26am EST
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The actor has become an unlikely public face for the antitax movement, whose members argue that Americans are not legally obligated to pax taxes. -
In Many Venues, Economy Will Take Center Stage
Posted: January 14th, 2008, 12:37am EST
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Political wisdom this week runs smack into economic reality. It is not yet clear which force will prove more powerful. -
Disney and 4 Chinese Investment Firms to Buy Stake in N.B.A.’s China Subsidiary
Posted: January 14th, 2008, 12:06am EST
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The group will pay about $250 million for an 11 percent stake in N.B.A. China. -
Google Sees Surge in iPhone Traffic
Posted: January 14th, 2008, 12:01am EST
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Google and Yahoo say iPhones are accounting for a disproportionate amount of Web traffic to their sites from mobile devices. -
More Google Queries Get Google Maps
Posted: January 13th, 2008, 11:40pm EST
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Google appears to be promoting itself more aggressively in advertisements alongside search results. -
The Return of ‘Idol,’ Confident in Season 7
Posted: January 13th, 2008, 11:35pm EST
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With the Hollywood writers’ strike ensuring that “American Idol” will face even less competition than normal, the outlook for Season 7 of “Idol” appears to be as good as or better than ever. -
Toyota Will Offer a Plug-In Hybrid by 2010
Posted: January 13th, 2008, 11:25pm EST
Tags: [edit]
The move puts Toyota in direct competition with General Motors, which plans to sell its own plug-in hybrid, the Chevrolet Volt, sometime around 2010. -
Treasury Auctions Set for This Week
Posted: January 13th, 2008, 11:19pm EST
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The Treasury’s schedule of financing this week included Monday’s regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. -
A.P. Says It Wants to Know Everything About Britney Spears
Posted: January 13th, 2008, 11:04pm EST
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As the wire service boosts its entertainment news coverage, its L.A. bureau chief declares everything involving Britney Spears is “a big deal.” -
For Broadway Play, Mamet Is a Blogger
Posted: January 13th, 2008, 11:04pm EST
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In a promotion for his soon-to-open play “November,” David Mamet will continue to write a blog from the perspective of his leading character after the premier. -
The Economic Week
Posted: January 13th, 2008, 11:03pm EST
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The producer price index and testimony from Federal Reserve Chairman Ben Bernanke on the near-term economic outlook are this week’s highlights. -
Gulf Air Signs $6 Billion Deal for Boeing Jets
Posted: January 13th, 2008, 11:02pm EST
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Gulf Air, Bahrain’s loss-making national carrier, signed a $6 billion deal with Boeing for the delivery of 24 Dreamliner aircraft. -
With Shows Like These, Forget Reruns
Posted: January 13th, 2008, 10:54pm EST
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Some bad news for striking Hollywood writers: Election 2008 is a breakaway hit. -
Working in an Olive Tree, to a Rhythm of Tradition
Posted: January 13th, 2008, 5:27pm EST
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While the rest of the world is madly dashing around doing holiday shopping, I am up a tree. An olive tree, to be exact. I work the annual harvest. -
Talking Business: Curing What Ails Starbucks
Posted: January 12th, 2008, 2:03am EST
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Its coffee shops of the past are gone, but the chain can rebound by slowing down. -
Your Money: Law Makes Debt Relief Harder for Homeowners
Posted: January 12th, 2008, 1:59am EST
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Legislation pending in Congress could spur still more people to choose Chapter 13 to save their homes. -
What's Offline: Real Estate, Cheap and Scary
Posted: January 12th, 2008, 1:57am EST
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Here’s one way to deal with home prices that remain stubbornly high despite the recent downturn: Buy your second home first. -
What's Online: The Burger and Latte Combo
Posted: January 12th, 2008, 1:55am EST
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McDonald’s assault on Starbucks’s coffee hegemony is a wrongheaded strategy, Chris Dannen writes. -
Executive Pursuits: On a Board, Shredding and Stomping, but Mostly Falling
Posted: January 12th, 2008, 1:52am EST
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I embarked on my executive pursuit of snowboarding determined to drop in, air it out and stomp a ride. -
Bank of America’s Chief Makes Big Bet
Posted: January 12th, 2008, 1:52am EST
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Kenneth D. Lewis has gambled on bold acquisitions, but few of his bets match a deal to buy Countrywide Financial Corporation. -
Escalating Losses Force Citigroup to Seek More Foreign Investment
Posted: January 12th, 2008, 1:51am EST
Tags: [edit]
The financial giant is in talks to sell a stake to a Chinese bank and other investors, people briefed on the plan said. -
Cleveland Sues 21 Lenders Over Subprime Mortgages
Posted: January 12th, 2008, 1:42am EST
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The city is suing 21 of the nation’s largest banks and financial institutions, accusing them of knowingly plunging it into a financial crisis. -
Saturday Interview: Breaking the Habit of Disposable Diapers
Posted: January 12th, 2008, 1:40am EST
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Tereson Dupuy, founder of Mother of Eden, thinks reusable diapers are having their back-to-the-future moment. -
Anxiety for Luxury Brands as Tiffany Reports Slowdown
Posted: January 12th, 2008, 1:38am EST
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Tiffany’s weak holiday sales sent jitters through the luxury-goods industry, which had seemed invulnerable to the economic slowdown. -
Off The Charts: Some Debt Trends Are Good. This Isn’t One of Them.
Posted: January 12th, 2008, 1:36am EST
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American credit card debt is growing at the fastest rate in years, a fact that may signal coming trouble for the banks that issue them. -
Chrysler and Nissan in Production Deal
Posted: January 12th, 2008, 1:33am EST
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The deal could be the first step toward a possible broader alliance between Chrysler and Nissan of Japan. -
Directors and Producers to Hold Talks
Posted: January 12th, 2008, 1:30am EST
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Planned weekend talks could promise a major break in the entertainment industry’s labor troubles. -
Food From Cloned Animals Seems Safe, a Panel Finds
Posted: January 12th, 2008, 12:41am EST
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Meat and milk from cloned animals seem to pose no special health risks, said a report released by the European Food Safety Agency. It was a first step toward the eventual sale of such products within the European Union. -
Inquiry Focuses on Withholding of Data on Loans
Posted: January 12th, 2008, 12:19am EST
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New York State prosecutors are investigating whether Wall Street banks withheld information about the risks posed by investments linked to subprime mortgages. -
U.S. and Europe Ponder Divergent Rate Policies
Posted: January 12th, 2008, 12:18am EST
Tags: [edit]
Can Europe’s economy stay on track even if the U.S. economy goes off the rails? This old question is being asked with new urgency across the Continent. -
Chase Buys Some of Lender’s Assets
Posted: January 12th, 2008, 12:18am EST
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Northern Rock, one of Europe’s biggest casualties of the credit crisis, sold some of its mortgage portfolio to JPMorgan Chase. -
Awards Season, and the Swag Goes to ... Few
Posted: January 12th, 2008, 12:18am EST
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The Hollywood writers’ strike is threatening a beloved Tinseltown institution: the swag bag of free luxury items. -
Report Stirs Concern Kazakh Oil Deal May Be Scuttled
Posted: January 12th, 2008, 12:12am EST
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Shares in the Italian oil company Eni dipped Friday following an unconfirmed report that Kazakhstan was poised to cancel a contract to develop the Kashagan field. -
Stocks & Bonds: Worries About Credit and Economy Again Take a Steep Toll on Stocks
Posted: January 12th, 2008, 12:03am EST
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A slowing economy and a fresh batch of financial problems for banks put the major indexes on track for one of their worst yearly starts. -
Stake Is Bought in IAC/Interactive
Posted: January 12th, 2008, 12:02am EST
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The Liberty Media Corporation, the entertainment and Internet retailing company controlled by the billionaire John C. Malone, purchased 14 million shares of IAC/InterActiveCorp, the company controlled by Barry Diller, for $339.5 million. -
Basic Instincts: Putting Price on Flights of Fantasy
Posted: January 12th, 2008, 12:01am EST
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My husband and I struggle to stay in sync financially, but we get stuck in a rut whenever we look toward the 5-, 10- or even 20-year horizon. -
Oil Is Blamed for Widening Trade Deficit
Posted: January 12th, 2008, 12:00am EST
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Record oil prices widened the United States trade deficit in November as the cost of imported petroleum outpaced a modest rise in exports. -
A Day of Confusion at Golden Globes
Posted: January 11th, 2008, 11:59pm EST
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The event, which usually ends in teary speeches and lavish parties, could end up in court instead. -
Merck Licenses Bone Drug for Generic Sale
Posted: January 11th, 2008, 11:58pm EST
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Merck & Company said it had signed a deal for an authorized generic form of its blockbuster osteoporosis drug Fosamax to become available in February. -
Disney Reports Chief’s Compensation
Posted: January 11th, 2008, 11:57pm EST
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LOS ANGELES (AP) — Robert A. Iger, chief executive of the Walt Disney Company, received a compensation package in the 2007 fiscal year valued by the company at $27.7 million, according to an analysis of documents filed Friday with the Securities and Exchange Commission. -
In Writers Strike, Signs of Internal Discontent Over Tactics
Posted: January 11th, 2008, 10:26am EST
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Some writers wonder whether the guild’s militant tactics are actually doing more damage than good. -
Chrysler and Nissan in Production Deal
Posted: January 11th, 2008, 10:20am EST
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Chrysler and Nissan of Japan took the first step toward a possible broader alliance Friday, reaching agreement for Nissan to supply Chrysler with a small car to be sold in South America. -
Fed Chief Signals Further Rate Cut
Posted: January 11th, 2008, 10:10am EST
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Ben S. Bernanke sent a strong signal that the central bank will lower interest rates again. -
U.S. Trade Deficit Widens
Posted: January 11th, 2008, 9:47am EST
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Record oil prices widened the deficit in November as the cost of imported petroleum outpaced a modest rise in exports. -
Bank Agrees to Buy Troubled Loan Giant for $4 Billion
Posted: January 11th, 2008, 9:32am EST
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Bank of America will pay in stock for Countrywide Financial, the lender that became a symbol of the excesses that led to the subprime mortgage crisis. -
Northern Rock Sells Portfolio to JPMorgan
Posted: January 11th, 2008, 9:17am EST
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Northern Rock, the mortgage lender saved from collapse by the Bank of England, took a step toward repaying the loans by selling a 2.2 billion pound portfolio to JP Morgan. -
Giant Write-Down Is Seen for Merrill
Posted: January 11th, 2008, 8:37am EST
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Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost double its original estimate. -
Sony Joins Other Labels on Amazon MP3 Store
Posted: January 11th, 2008, 8:35am EST
Tags: [edit]
Sony BMG announced that it would become the fourth and final major music label to sell digital music on Amazon.com. -
Shu Uemura, 79, Makeup Artist, Dies
Posted: January 11th, 2008, 5:29am EST
Tags: [edit]
Mr. Uemura, a Japanese makeup artist, won acclaim in Hollywood and then built an international cosmetics brand under his name. -
Vincent Gruppuso, 67, Seller of Pudding Snacks, Dies
Posted: January 11th, 2008, 5:25am EST
Tags: [edit]
Mr. Gruppuso was the founder of Kozy Shack Enterprises, a company in Hicksville, Long Island, that sells millions of four-ounce cups of pudding, particularly rice pudding. -
Charles M. Taylor, 78, Atlanta Real Estate Developer, Is Dead
Posted: January 11th, 2008, 4:25am EST
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Mr. Taylor’s projects helped shape skylines in several Southern metropolitan areas. -
Europe’s Next Rate Move May Be an Increase
Posted: January 11th, 2008, 2:34am EST
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The European Central Bank left its key interest rate unchanged on Thursday but signaled that it could raise it pre-emptively if generous wage deals threaten to ignite inflation. -
Burned by Investing in Troubled Times
Posted: January 11th, 2008, 2:29am EST
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Scores of investors have sought to profit by buying into troubled financial firms at low prices: so far their investments have failed to make much of a profit. -
China Trade Surplus Up Nearly 50%, Despite Safety Fears
Posted: January 11th, 2008, 1:58am EST
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China’s global trade surplus soared nearly 50 percent last year to a record despite an avalanche of safety warnings and recalls of Chinese-made products abroad. -
Britain Shows New Enthusiasm for Nuclear Power Plants
Posted: January 11th, 2008, 1:56am EST
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The British government on Thursday approved plans to refresh the country’s fleet of nuclear reactors, and invited companies to offer plans to build and operate the plants. -
Indians Hit the Road Amid Elephants
Posted: January 11th, 2008, 1:55am EST
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As incomes rise and cheap cars proliferate, Indians are developing a new affection for the automobile. -
Shares Up, Aided by Talk of Bank Deal
Posted: January 11th, 2008, 12:43am EST
Tags: [edit]
Investors found renewed confidence in a report that Bank of America is close to buying the struggling mortgage lender Countrywide Financial. -
Wholesale Inventories Rise, Suggesting Output May Fall
Posted: January 11th, 2008, 12:42am EST
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Inventories at wholesalers rose more than forecast in November and sales increased, reflecting rising prices for oil and farm products. -
Hot Prospect for Oil’s Big League
Posted: January 11th, 2008, 12:41am EST
Tags: [edit]
A huge underwater oil field discovered late last year has the potential to transform Brazil into a sizable exporter and win it a seat at the table of the world’s oil cartel. -
Revenues Fall at Most Atlantic City Casinos
Posted: January 11th, 2008, 12:41am EST
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Only three casinos in Atlantic City, the gambling resort which for years has known nothing but growth, reported increasing revenue for the year. -
Delta Executives Consider Merger Talks
Posted: January 11th, 2008, 12:40am EST
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Executives of the carrier want to engage in merger discussions with United Airlines and Northwest Airlines as a way to cut costs and stay profitable. -
Cuomo Subpoenas Intel Over Antitrust Accusations
Posted: January 11th, 2008, 12:39am EST
Tags: [edit]
The New York State attorney general issued a wide-ranging subpoena as part of an investigation into whether the Intel Corporation violated federal or state antitrust laws. -
Blackstone to Buy Hedge Fund to Strengthen Credit Operations
Posted: January 11th, 2008, 12:39am EST
Tags: [edit]
The Blackstone Group agreed to buy GSO Capital Partners as it seeks to build its credit operations amid tough market conditions. -
NYSE Urges China to Be Flexible on Where Companies Raise Capital
Posted: January 11th, 2008, 12:34am EST
Tags: [edit]
With an economic boom in developing countries, established stock exchanges are increasingly dependent on attracting business from companies based far from their home countries. -
Credit Suisse Pursuing a Partnership in the Chinese Market
Posted: January 11th, 2008, 12:33am EST
Tags: [edit]
Credit Suisse announced Thursday that it was seeking to form a joint venture with a Chinese brokerage firm, Founder Securities. -
Weinstein Company Makes a Deal With Guild Writers
Posted: January 11th, 2008, 12:33am EST
Tags: [edit]
The deal contains provisions that will allow it to be superseded by any agreement ultimately reached with the major companies through their bargaining group, the Alliance of Motion Picture and Television Producers. -
F.C.C. Allows Radio Buyout
Posted: January 11th, 2008, 12:33am EST
Tags: [edit]
The $19.5 billion deal will take Clear Channel Communications, the nation’s largest radio broadcaster, private. -
American Express Warns About Earnings
Posted: January 11th, 2008, 12:33am EST
Tags: [edit]
The company will take a $275 million fourth-quarter charge as more cardholders fail to repay their debts. -
Tide to Make Its Super Bowl Debut
Posted: January 11th, 2008, 12:32am EST
Tags: [edit]
Tide, the biggest detergent brand in America — sold by the biggest advertiser in America — will appear for the first time on the biggest day for advertising in America. -
Wal-Mart’s Holiday Strategy Proved a Timely One
Posted: January 11th, 2008, 12:30am EST
Tags: [edit]
After a period of experimentation with sleeker fashion and upscale merchandise Wal-Mart, in 2007, returned with a vengeance to the strategy that built it into the world’s largest retailer: low prices. -
Leader of Microsoft’s Office Business Is Retiring
Posted: January 11th, 2008, 12:30am EST
Tags: [edit]
Jeff Raikes, a 26-year veteran of Microsoft, plans to retire later this year and the company announced that it was reaching outside its ranks for his successor. -
Poor December at Retailers; Most Report Drops in Sales
Posted: January 11th, 2008, 12:29am EST
Tags: [edit]
The weakest holiday shopping season in five years ended dismally for most retailers, stoking fears that the economy is tipping into a recession. -
Banks Plead They Can’t Follow Rules
Posted: January 11th, 2008, 12:26am EST
Tags: [edit]
As the mortgage mess grows, we are learning more and more about just how sloppy things were in the mortgage-issuing business. -
Retailers Report Weak December Sales
Posted: January 10th, 2008, 10:01am EST
Tags: [edit]
The nation’s big retail chains, a closely watched barometer of economic health, reported dreary December sales, which may stoke fears of a recessionary downtown. -
India’s Tata Motors Unveils $2,500 Car
Posted: January 10th, 2008, 9:52am EST
Tags: [edit]
The Nano brings new mobility within the reach of tens of millions of people and nightmares to environmentalists, traffic engineers and safety advocates. -
European Bank Holds Rates Steady
Posted: January 10th, 2008, 9:40am EST
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Despite growing unease about inflation and slowing economic indicators, the European Central Bank and Bank of England kept their benchmark interest rates unchanged Thursday. -
DealBook Blog: Blackstone to Buy GSO Capital
Posted: January 10th, 2008, 8:50am EST
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Blackstone Group said it would buy GSO Capital Partners, a fund manager focused on leveraged finance, for as much as $930 million in cash and Blackstone units. -
An Upstart in Films With Many Fast Moves
Posted: January 10th, 2008, 1:25am EST
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Overture Films is running on a small budget, but looking like a major studio. -
Keeping the Housing Slump at Bay
Posted: January 10th, 2008, 1:19am EST
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Not everyone has suffered from the current housing slump. Exceptions include entrepreneurs with deep experience in real estate and those who have carved out a special niche. -
No New Trial for Former Chief of Brocade
Posted: January 10th, 2008, 1:17am EST
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A federal judge ruled that Gregory L. Reyes, convicted in August of stock-options manipulation, is not entitled to a new trial. -
F.C.C. Backs Verizon Sale in 3 States
Posted: January 10th, 2008, 1:16am EST
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Regulators cleared the way for Verizon Communications to sell its phone lines in three New England states for $2.7 billion to FairPoint Communications Inc. -
Volatile Trading Session Closes Higher
Posted: January 10th, 2008, 1:16am EST
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The Nasdaq composite index showed its first gain in nine sessions, and the Dow Jones industrial average gained more than 200 points at the end of the day. -
CBS News and Writers End Dispute After 2 Years
Posted: January 10th, 2008, 1:14am EST
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CBS News and a union representing 500 of its employees resolved a dispute that contributed to the cancellation of a presidential primary debate last month. -
Alcoa Posts 76% Rise in Quarterly Profit
Posted: January 10th, 2008, 1:13am EST
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The aluminum producer Alcoa said its fourth-quarter profit rose 76 percent as revamping and tax benefits helped offset lower aluminum prices. -
E*Trade Tries to Calm Fears by Selling More Securities
Posted: January 10th, 2008, 1:13am EST
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The discount brokerage and banking firm disclosed that it had sold an additional $3 billion of mortgage-backed securities. -
Fans in a Video Playoff for Super Bowl Tickets
Posted: January 10th, 2008, 1:13am EST
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The Coors Brewing Company is offering consumers a chance to win tickets for the 2008 or 2009 Super Bowl by submitting video clips to its Web sites. -
MBIA Takes Steps to Keep Triple-A Rating
Posted: January 10th, 2008, 1:12am EST
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MBIA said it would sell $1 billion of debt to preserve capital and the triple-A ratings it needs to operate in a mortgage market under siege. -
China to Freeze Energy Prices in an Effort to Quell Worries About Inflation
Posted: January 10th, 2008, 1:03am EST
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Under the edict, prices of oil products, natural gas and electricity will be frozen in the near term along with public water bills and transportation tickets. -
Ice Maker in Talks With Hedge Fund on New Buyout Terms
Posted: January 10th, 2008, 1:02am EST
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Reddy Ice Holdings, a producer of packaged ice, said it was in talks to revise a $1.1 billion deal to be bought by GSO Capital Partners. -
Target’s Chief Plans to Retire
Posted: January 10th, 2008, 12:59am EST
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The discount retailer said its chief executive, Robert J. Ulrich, will retire May 1 and be succeeded by the company’s president, Gregg W. Steinhafel. -
Apple to Cut the Prices of iTunes in Britain
Posted: January 10th, 2008, 12:58am EST
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Apple said it would bring the prices on its iTunes digital music store in Britain in line with those on the Continent to settle an antitrust case. -
Toy Makers Mount Drive to Salvage China’s Safety Reputation
Posted: January 10th, 2008, 12:58am EST
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Toy makers are instituting tougher quality controls in China and elsewhere to try to avoid repetition of the recalls that damaged the industry last year. -
DuPont Raises Its Estimate for Earnings in ’07 and ’08
Posted: January 10th, 2008, 12:58am EST
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The company, which makes products ranging from automotive coatings to genetically modified seeds, said it expected 2007 earnings to be at the upper end of its previously announced range of $3.15 to $3.20 a share. -
Air Travelers’ Woes Likely to Worsen This Year
Posted: January 10th, 2008, 12:57am EST
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Some big airlines are planning to reduce domestic capacity in 2008 with the hope of driving fares higher to offset rising fuel costs. -
Ex-Executive Shifts Tone About A.I.G.
Posted: January 10th, 2008, 12:57am EST
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Maurice R. Greenberg, former chief executive of the American International Group, said a group he represents did not intend to solicit proxies from A.I.G. shareholders. -
Tony Blair Expected to Join JPMorgan
Posted: January 10th, 2008, 12:52am EST
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Britain’s former prime minister, Tony Blair, will join the banking giant JPMorgan Chase & Company as a part-time adviser, a person with knowledge of the decision said Wednesday night. -
Taxpayer Advocate Urges ‘Apology Payments’
Posted: January 10th, 2008, 12:51am EST
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The advocate tells Congress taxpayers should receive up to $1,000 in “apology payments” if the Internal Revenue Service mishandles their case. -
Executive to Leave Warner Bros.
Posted: January 10th, 2008, 12:50am EST
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Dawn Taubin, the head of domestic marketing at Warner Brothers for six years, has been ousted in a shake-up that the movie studio did little to conceal. -
For Bernanke, a Question of Toughness
Posted: January 10th, 2008, 12:48am EST
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Many argue that with the stock market falling and the economy flirting with recession, the Fed’s chairman should be more aggressive than he has been so far. -
Same Old Electronics Show, With Some Intriguing New Ideas
Posted: January 10th, 2008, 12:47am EST
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This year’s Consumer Electronics Show looked and felt much the same as last year’s. -
Fixated on TVs, and What’s on Them: Makers at Big Show Boast Their Sets Are Thin, Sharp and Rich in Content
Posted: January 10th, 2008, 12:44am EST
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TV makers at the Consumer Electronics Show boast their sets are thin, sharp and rich in content. -
Monitoring Tools Help Cut Home Energy Use, Study Finds
Posted: January 10th, 2008, 12:38am EST
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Giving people the tools to monitor and adjust their electricity use lowers their bills and could reduce the need to build new power plants, according to a government study. -
Candy Magnate Loses Bid to Bar Drilling on Ranch
Posted: January 9th, 2008, 11:00pm EST
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A judge has ruled that an energy company may drill for natural gas on a sprawling Montana ranch owned by the billionaire candy magnate Forrest E. Mars Jr. -
Fighting Inflation, China Freezes Energy Prices
Posted: January 9th, 2008, 12:26pm EST
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Responding to growing public anxiety about inflation, Prime Minister Wen Jiabao announced that China would freeze prices of oil products, natural gas and electricity in the near term. -
Stocks Give Up Rebound
Posted: January 9th, 2008, 12:20pm EST
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Wall Street rose in early trading after a better-than-expected reading on the nation’s economy and a drop in jobless claims.
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F.T.C. Asks if Carbon-Offset Money Is Well Spent
Posted: January 9th, 2008, 12:17pm EST
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Corporations and shoppers in the United States spent more than $54 million in 2007 on carbon offset credits, but where exactly is that money going? -
Wireless Start-Up Fails to Get Financing
Posted: January 9th, 2008, 12:09pm EST
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Failing to raise the $14 billion needed to bid in government auctions of wireless spectrum later this month, Frontline Wireless has left. -
Apple Agrees to Cut iTunes Prices in Britain
Posted: January 9th, 2008, 12:01pm EST
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Settling an antitrust case brought by European regulators, Apple agreed to align the prices on its iTunes digital music store in Britain with those in Continental Europe. -
E*Trade Rises on Modest Sales Loss
Posted: January 9th, 2008, 11:28am EST
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The online brokerage said that it sold $3 billion of mortgage-backed securities and municipal bonds, with a modest realized loss of $5 million. -
Taxpayer Advocate Urges ‘Apology Payments’
Posted: January 9th, 2008, 10:56am EST
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Taxpayers who endure excessive expense or drain on their time when the I.R.S. mishandles a case should receive payments of up to $1,000 each, the National Taxpayer Advocate told Congress. -
Bid for China Eastern Airline Stake Rebuffed
Posted: January 9th, 2008, 10:35am EST
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The snub opens the way for the parent of the nation’s largest carrier, Air China, to make an offer of its own. -
Microsoft Bids for Search Software Firm
Posted: January 9th, 2008, 10:33am EST
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Microsoft’s $1.2 billion bid for a Norwegian search software company is seen as an effort to add tools to its lucrative Office products and fend off Google. -
MBIA Slashes Dividend to Preserve Ratings
Posted: January 9th, 2008, 10:31am EST
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The world’s largest bond insurer slashed its common stock dividend 62 percent as part of a plan to strengthen capital and preserve its “triple-A” credit ratings. -
California Pension Fund Takes Big Stake in Silver Lake, at $275 Million
Posted: January 9th, 2008, 9:30am EST
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Silver Lake, the largest technology-focused private equity firm, announced a deal to sell a 9.9 percent stake to the California Public Employees’ Retirement System. -
Loss Mounts for KB Home, and Builder Warns of More Distress Ahead
Posted: January 9th, 2008, 2:57am EST
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KB Home, the large home builder, said that its fourth-quarter loss swelled as the housing slowdown led to fewer sales and lower revenue. -
F.C.C. to Look at Complaints Comcast Interferes With Net
Posted: January 9th, 2008, 2:53am EST
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The Federal Communications Commission will investigate whether Comcast is interfering with its subscribers’ attempts to use a popular online file-sharing program. -
A Place So Crowded, Nobody Goes There Anymore
Posted: January 9th, 2008, 2:47am EST
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A plan is being developed to alleviate the growing pressure from pedestrian and vehicle traffic in Times Square. -
Extrication Time at Bear Stearns
Posted: January 9th, 2008, 2:43am EST
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James E. Cayne ended his tumultuous 14-year run as chief executive of the battered Bear Stearns, passing the baton to Alan D. Schwartz. -
A Regulator Not Stymied by Red Tape
Posted: January 9th, 2008, 2:07am EST
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Warren Buffett’s new firm, Berkshire Hathaway Assurance Corporation, takes its first steps into the bond insurance market. -
Amazon Consolidates in Growing Area of Seattle
Posted: January 9th, 2008, 2:03am EST
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Amazon.com, the world’s largest online retailer, will soon finally have one place to call home. -
Trying to Be Heard Above the Din, and Be Trusted
Posted: January 9th, 2008, 1:43am EST
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A new JPMorgan Chase campaign aims to overcome cluttered airwaves, nervous customers and cuts in marketing budgets. -
Fed Panel Was Divided Over Outlook for Economy
Posted: January 9th, 2008, 12:48am EST
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Reflecting a highly uncertain and divided outlook on monetary policy, regional Federal Reserve banks supported three options for the discount rate last month. -
Executive Leaving Barclays Capital
Posted: January 9th, 2008, 12:27am EST
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Barclays Capital said its co-president, Grant Kvalheim, had resigned and would leave at the end of the first quarter. -
Profit Rises for Liquor Company
Posted: January 9th, 2008, 12:27am EST
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Constellation Brands, the wine and spirits company, said on Tuesday that third-quarter profit rose 11 percent, lifted by strong liquor sales, a growing wine business in North America and the acquisition of Svedka vodka. -
Citigroup Combining Mortgage Operations Into One Unit
Posted: January 9th, 2008, 12:27am EST
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Badly bruised by the sharp downturn in the housing market, Citigroup is bringing its mortgage-related activities under one roof. -
Countrywide Denies Rumors of Bankruptcy
Posted: January 9th, 2008, 12:02am EST
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Shares of the Countrywide Financial Corporation plunged 28.4 percent after it denied rumors that it was planning to file for bankruptcy protection. -
Realtors’ Index Shows Dip for Existing-Home Sales
Posted: January 9th, 2008, 12:00am EST
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Pending home sales dipped in November, a trade group for real estate agents said, but the association expects sales to pick up in the second half of 2008. -
Job Cuts at McGraw-Hill Will Eliminate 3% of Staff
Posted: January 8th, 2008, 11:48pm EST
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The McGraw-Hill Companies said it was cutting 611 jobs, or 3 percent of its staff, and taking an after-tax charge of $27.3 million, or 8 cents a share, in the fourth quarter. -
Deal Reached to Buy Some Verizon Lines
Posted: January 8th, 2008, 11:47pm EST
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FairPoint Communications reached an agreement with the Vermont Public Service Department that would allow it to buy Verizon phone lines in the state. -
Some Golden Globes Sponsors Withdraw
Posted: January 8th, 2008, 11:47pm EST
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Some prominent advertisers have pulled their sponsorships for NBC’s strike-subdued Golden Globes coverage, media buyers said. -
McCain and Bush’s Heirs
Posted: January 8th, 2008, 11:31pm EST
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John McCain’s economic platform contrasts sharply with his rivals’ and represents the start of a Republican response to middle-class anxiety. -
Market Falls on Countrywide Woe
Posted: January 8th, 2008, 1:11pm EST
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Wall Street fell after a May reading on manufacturing activity showed smaller-than-expected contraction but growing inflationary pressures.
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Bid for China Eastern Airline Stake Rebuffed
Posted: January 8th, 2008, 12:56pm EST
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A decision by minority shareholders of China Eastern to reject a tie-up with Singapore Airlines and a Singapore government investor has set the stage for an unusual corporate battle in China. -
Microsoft Bids for Norwegian Search Engine Firm
Posted: January 8th, 2008, 12:54pm EST
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Microsoft bid $1.2 billion for Fast Search and Transfer, based in Oslo, in an effort to add more tools to its lucrative Office products. -
Paulson Says U.S. May Expand Mortgage Aid
Posted: January 8th, 2008, 12:11pm EST
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The Treasury secretary said the administration was in talks with the mortgage industry to expand a program that freezes adjustable rate mortgages for 5 years to include borrowers of loans at prime rates. -
KB Home’s Loss Swells Amid Housing Slump
Posted: January 8th, 2008, 11:15am EST
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The homebuilder said its fourth-quarter loss ballooned to $772.7 million as home sales slowed, prompting it to book charges to write down unsold inventory and for a tax allowance. -
A Chairman Is Appointed to Rebuild Sallie Mae
Posted: January 8th, 2008, 3:04am EST
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The beleaguered student lending giant appointed a longtime banking executive as chairman as it struggles with tighter credit markets and a failed buyout. -
Mozilla Names New Chief, but Reaffirms Open-Source Commitment
Posted: January 8th, 2008, 3:02am EST
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John Lilly, the chief operating officer of Mozilla, the developer of the open-source browser Firefox, will succeed Mitchell Baker as the firm’s chief executive. -
Starbucks Replaces Chief With Chairman
Posted: January 8th, 2008, 3:01am EST
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With the stock plummeting and competitors on the attack, Starbucks Coffee said Monday that it was bringing back its top barista to help turn the company around. -
Comcast Plans to Offer a Huge Menu of Films
Posted: January 8th, 2008, 2:59am EST
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A plan aims to offer Comcast subscribers a nearly limitless supply of movies and TV shows that can be viewed on demand and through the Internet. -
Comedy Central Hosts Return to TV
Posted: January 8th, 2008, 2:58am EST
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Comedy Central’s Jon Stewart and Stephen Colbert returned to the air Monday pointing barbs at their own management and at the striking union. -
Bear’s Cayne to Quit as Chief Executive
Posted: January 8th, 2008, 2:53am EST
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James E. Cayne, the embattled chief executive of Bear Stearns, will step down after the deepest losses in the firm’s history, according to people who have been briefed on the situation. -
Dealbook: Questioning an Adviser’s Advice
Posted: January 8th, 2008, 2:52am EST
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If you’re a chief executive under siege, Martin Lipton is the lawyer to call. -
Ford to Expand in India, Planning a Small Car and an Engine Plant
Posted: January 8th, 2008, 2:43am EST
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The company is expected to increase spending in India by $500 million, as it focuses on making the country a regional hub for small-car manufacturing. -
Strikebound, the Globes Scale Back
Posted: January 8th, 2008, 2:41am EST
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The festive awards dinner will be replaced on Sunday night by a news conference to announce the prize winners. -
Four Wheels for the Masses: The $2,500 Car
Posted: January 8th, 2008, 2:35am EST
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A new car from Tata Motors of India would likely fail Western emission and safety standards, but it could be an affordable car for the developing world. -
No Strangers to the Cold, Voters Now Feel the Heat
Posted: January 8th, 2008, 2:28am EST
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With the price of gasoline and home heating oil no longer comfortably affordable, the benefits of living in rural New Hampshire have also become burdens for many people. -
On the Road: More Caveats Than Clarity in Batteries-in-Baggage Rule
Posted: January 8th, 2008, 1:57am EST
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LAST week, I spent most of an afternoon trying to get a cogent explanation of a confusing news release issued late on the Friday before New Year’s by a mouthful of an agency called the United States Department of Transportation Pipeline and Hazardous Materials Safety Administration. -
Baltimore Is Suing Bank Over Foreclosure Crisis
Posted: January 8th, 2008, 1:33am EST
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Baltimore’s mayor and City Council contend that Wells Fargo’s lending practices discriminated against black borrowers and led to a wave of foreclosures. -
Holocaust Insurance Case Inches Closer to Settlement
Posted: January 8th, 2008, 1:32am EST
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A federal judge cleared the way for a long-running dispute over unpaid life insurance claims for Holocaust victims to move a step closer to a settlement. -
Bush Admits Economy Faces Challenges
Posted: January 8th, 2008, 1:17am EST
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Both the president and Congressional Democratic leaders are considering a rescue package to counter the threat of a recession. -
Scrutiny for Imports
Posted: January 8th, 2008, 1:13am EST
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The Consumer Product Safety Commission is expanding inspections of imports after the recalls of toys, toothpaste and pet-food ingredients from China. -
Deal for Maker of College Texts
Posted: January 8th, 2008, 1:05am EST
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Macmillan Publishers has agreed to buy Hayden-McNeil Publishing, a publisher of custom textbooks, for an undisclosed sum. -
2 Canadian Bank Executives Ousted After Subprime Losses
Posted: January 8th, 2008, 1:04am EST
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The Canadian Imperial Bank of Commerce fired two executives at its CIBC World Markets unit as it grapples with a $9.8 billion exposure to subprime debt. -
Canadian Emissions Market Recommended
Posted: January 8th, 2008, 1:00am EST
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A government panel recommended that prices be set for greenhouse gas emissions. -
Genzyme Wins Cholesterol Drug Deal
Posted: January 8th, 2008, 12:55am EST
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Genzyme has agreed to pay at least $325 million to win the hotly contested rights to a potentially powerful cholesterol-lowering drug. -
E.P.A. Seeks New Life for Old Cellphones
Posted: January 8th, 2008, 12:29am EST
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The E.P.A. is launching a public education campaign aimed at getting consumers to recycle their old phones. -
Lender Tells Judge It ‘Recreated’ Letters
Posted: January 8th, 2008, 12:22am EST
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Records raise new questions about the business practices of the giant mortgage lender at the center of the subprime mess. -
Hong Kong Power Regulations Based in Part on Emissions
Posted: January 8th, 2008, 12:20am EST
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Hong Kong adopts a new regulatory system that could some day be a model for mainland China’s giant power industries. -
Japanese Parent of Talbots Cuts Outlook
Posted: January 8th, 2008, 12:20am EST
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The Aeon Company of Japan, cut its full-year outlook after poor results at Talbots cut deeply into its operating profit. -
Krispy Kreme’s Chief Executive Quits Amid Turnaround
Posted: January 8th, 2008, 12:20am EST
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The popular doughnut-making company said Daryl G. Brewster was leaving his position for personal reasons. -
Fraud Trial Focuses on Insurance Giants
Posted: January 7th, 2008, 11:55pm EST
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The reputations of two business titans — Warren E. Buffett and Maurice R. Greenberg — came under attack on in the latest corporate corruption trial. -
Stocks & Bonds: Erratic Mood on Eve of Earnings Reports
Posted: January 7th, 2008, 11:19pm EST
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Investors grew more confident that the Fed will lower interest rates again to ward off recession, but they also wrestled with worries about the coming earnings season. -
Sony BMG Will Sell Music Without Copyright Protection
Posted: January 7th, 2008, 11:18pm EST
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Sony BMG is the last major record company to do away with the programs, which prevent illegal copying and distribution of songs on the Internet. -
Microsoft Forges Ties to Studios
Posted: January 7th, 2008, 11:17pm EST
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Microsoft announced partnerships with Walt Disney, NBC Universal and Metro-Goldwyn-Mayer to boost online video sales. -
Advertising: Xerox Hopes Its New Logo Doesn’t Say ‘Copier’
Posted: January 7th, 2008, 11:17pm EST
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Xerox is retiring the staid red capital X that has dominated its logo for 40 years in favor of “a brand identity that reflects the Xerox of today.” -
High-Level Shake-Up at Condé Nast
Posted: January 7th, 2008, 11:15pm EST
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Condé Nast Publications announced a management shake-up, including the departure of Mitchell B. Fox, one of the company’s highest-ranking executives. -
News Analysis: The Debate Over How and How Long
Posted: January 7th, 2008, 11:15pm EST
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President Bush is likely to respond to recession fears much as he did on entering office in 2001, but this time around Democrats are planning to push back. -
Ending One Airport Runaround
Posted: January 7th, 2008, 11:10pm EST
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Automobile traffic is a problem plaguing many airports, but some have found a simple partial solution -- cellphone parking lots away from the terminal. -
The Media Equation: Publishing That’s All About Me
Posted: January 6th, 2008, 10:48pm EST
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Torn between family photos and a stack of periodicals.