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Posted: March 31st, 2008, 2:47am EST
Driven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reach 28 million in the coming year.
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Posted: March 31st, 2008, 2:41am EST
Most everyone wants to know when the financial crisis will end. So far the markets are whispering an answer that no one wants to hear.
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Posted: March 31st, 2008, 12:57am EST
The sudden split between two actors unions this weekend appeared to weaken labor organizations without making life easier for the studios they bargain with.
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Posted: March 31st, 2008, 12:57am EST
The drugs Vytorin and Zetia may not work and should be used only as a last resort, The New England Journal of Medicine and a panel of cardiologists at a major cardiology conference said on Sunday.
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Posted: March 31st, 2008, 12:56am EST
Microsoft announced a deal with a company headed by Peter Safran, the veteran Hollywood producer and talent manager, to produce original shows for distribution on the system.
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Posted: March 31st, 2008, 12:04am EST
Pernod Ricard and Vin & Sprit, the parent company of Absolut Vodka, are expected to announce the transaction, which may be worth more than $7 billion, on Monday.
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Posted: March 30th, 2008, 11:31pm EST
Lauren Zalaznick, the woman behind the surging success of cable television’s Bravo network, is, in many ways, a model of the channel’s viewers — wealthy, educated and attentive to pop culture.
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Posted: March 30th, 2008, 11:08pm EST
Agencies and advertisers are growing more interested in neuroscience in their never-ending efforts to improve effectiveness.
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Posted: March 30th, 2008, 11:08pm EST
Newspaper advertising revenue fell 7.9 percent in 2007, the second-worst year in more than half a century, the Newspaper Association of America said on Friday.
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Posted: March 30th, 2008, 11:08pm EST
A set of Internet start-up companies has emerged to help service providing small businesses use the Web as more than just an online brochure.
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Posted: March 30th, 2008, 11:02pm EST
Since news of blood ties between presidential candidates and unlikely famous people spread last week, many have rushed to genealogy resources to see if they, too, could have important relations.
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Posted: March 30th, 2008, 11:01pm EST
In the beginning, Glamour magazine’s s online community responded well to the postings of Mike Cherico, a Los Angeles high school teacher writing a blog about dating.
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Posted: March 30th, 2008, 11:01pm EST
Groups say that the implied claim of Wal-Mart’s ad campaign that it saves the average family $2,500 a year is misleading.
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Posted: March 30th, 2008, 11:01pm EST
Is the Disney tune “He’s a Tramp” really the favorite of Robert A. Iger, the chief executive of the Walt Disney Company?
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Posted: March 30th, 2008, 10:58pm EST
ECONOMIC SIGNALS The main economic event of the week will be the unemployment report for March, to be released on Friday. Employment is expected to fall by 40,000 jobs.
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Posted: March 30th, 2008, 10:54pm EST
The battle revolves around Independent News & Media, whose flagship publication is London’s Independent.
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Posted: March 30th, 2008, 10:53pm EST
Contrary to popular advice, it may be easier for people to prepare yearly budgets rather than monthly ones.
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Posted: March 30th, 2008, 10:53pm EST
The Treasury’s schedule of financing this week includes Monday’s regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday.
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Posted: March 30th, 2008, 10:50pm EST
Aloha Airlines, which filed for bankruptcy protection on March 20, said it will halt all passenger service after Monday, signaling the end of an airline that has served Hawaii for more than 60 years.
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Posted: March 30th, 2008, 10:46pm EST
Since the blog The Huffington Post was launched, it has grown in ways that few people, except perhaps founder Arianna Huffington, expected.
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Posted: March 30th, 2008, 10:42pm EST
A new wave of Silicon Valley companies is bringing live socializing into online social networking Web sites.
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Posted: March 30th, 2008, 2:40pm EST
Two United Airlines A320 jetliners skidded off runways in recent months because of crossed wires in their antilock brakes, the airline said.
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British Airways again canceled dozens of flights at Heathrow’s new Terminal Five as its staff struggled with new technology meant to hasten check-in procedures.
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J. C. Penney sharply cut its earnings forecast for the first three months of the year, blaming the tough economy, yet another sign of distress in American retailing.
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The Bush administration plans to propose broad new authority for the Federal Reserve to oversee market stability, possibly exposing Wall Street firms to greater scrutiny, but avoiding a call for tighter regulation.
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The disruption of a Chinese official’s address in Greece was just the beginning of a string of protests planned to coincide with the torch’s trip around the globe.
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When the first quarter ends on Monday, share prices will have suffered their worst losses in more than five years. And American investors will have done better than most.
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Posted: March 28th, 2008, 7:32pm EST
Following is the executive summary of the Blueprint for Financial Regulatory Reform, a report from the Treasury Department on ways to improve oversight of the financial services sector.
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A Delaware court ruled in favor of Barry Diller in his dispute with Liberty Media’s chairman John Malone, paving the way for IAC to proceed with its planned spin-off of four units.
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A judge ruled that the heirs of the co-creator of Superman were entitled to reclaim their share of the U.S. copyright, 70 years after their ancestor sold rights to the character for $130.
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Membership in the United Auto Workers union fell below 500,000 for the first time since World War II, reflecting the restructuring undertaken by Detroit’s automakers.
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Membership in the United Auto Workers union has fallen below 500,000 for the first time since World War II, reflecting the reorganization undertaken by Detroit’s automakers.
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Informal merger talks resumed between the airlines with Northwest inquiring whether Delta would be interested in pursuing a combination even without prior pilot approval.
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UBS, Merrill Lynch and the Bank of America were subpoenaed as the state looks into whether investors were properly informed of the risks of auction-rate securities.
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The move by Northwest follows similar steps taken by other carriers to bolster revenue amid high fuel prices.
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Boeing agreed to acquire a 50 percent stake in a South Carolina fuselage subassembly facility in a move that could improve efficiency in the construction of the new 787.
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Economists note there should not be two prices for one thing at the same place and time. But, in effect, that has been happening in trading that sets prices for corn, soybeans and wheat.
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The distributor of open-source software said higher expenses related to sales and marketing offset a jump in revenue.
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The presidential candidates’ ideological clashes are less about whether the government should step in and more about whom it should try to rescue.
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Mr. Peterson invented the Egg McMuffin as a way to introduce breakfast to McDonald’s restaurants.
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In volatile trading, the Dow Jones industrial average fell by more than 100 points.
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The Lennar Corporation reported a first-quarter loss of $88.2 million as it absorbed charges to write down asset values and costs, while new home sales and prices sank.
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The company has filed a complaint in New York State Supreme Court against its former chief executive and six other former directors and officers.
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The Food and Drug Administration said that recent data show patients taking H.I.V. drugs from GlaxoSmithKline and Bristol-Myers Squibb may have increased risk of heart attack.
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The acquisition is American Express’s latest effort to bulk up its corporate payments business, seen as a relatively stable earnings generator.
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The upscale home goods retailer posted a higher quarterly profit, but its shares fell 5 percent after it forecast disappointing earnings for the current fiscal year.
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Even as the national economy slips toward recession, job numbers in New York City have moved counter to that trend.
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Hillary Rodham Clinton said she would like to limit the cost of health insurance to no more than 10 percent of Americans’ income, a significant reduction for some families.
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Losses of confidence in America’s economy have occurred before, but renewal can take time when fear is self-fulfilling as businesses and consumers cut back.
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Barack Obama called for tighter regulation of lenders as he spoke of pumping $30 billion into the economy to shield homeowners.
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Frederick A. Henderson is charged with accelerating General Motors’s growth around the world while steering its comeback effort at home.
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The Harvard Management Company appointed Jane Mendillo, the chief investment officer at Wellesley College, as its president and chief executive on Thursday.
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The chairman of Bear Stearns, James E. Cayne, sold $61.3 million of the company’s shares, according to a regulatory filing.
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The Federal Reserve announced Thursday that it would hold public meetings next month on the offer by Bank of America to acquire Countrywide Financial.
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ConAgra, the owner of brands like Healthy Choice, Chef Boyardee and Peter Pan, also increased its earnings outlook for the full year on Thursday.
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The Los Angeles Times acknowledged on Thursday that it had relied on apparently forged documents for its investigation into an assault on the rapper Tupac Shakur.
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A campaign that is scheduled to begin on Monday presents the Intel Corporation as the problem-solver for the people who solve the computer network problems for others.
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The economy nearly sputtered out in the final quarter of last year and is probably faring even worse now amid the housing, credit and financial crises.
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Pentagon Capital Management, a £1 billion ($2 billion) hedge fund, said it would return investors’ money because of an investigation by the S.E.C.
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All Nippon Airways has ordered 15 of the aircrafts, which will be the first regional jet to use composite material for its wings and vertical stabilizer.
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David Neeleman, founder of JetBlue Airways, said he has already agreed to buy 36 Brazilian-made jets with a total list price of $1.4 billion.
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A judge’s ruling that pares back the federal case against Frederick S. Schiff, former chief financial officer at Bristol-Myers Squibb, has delayed his trial.
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Dave Marash, the channel’s most prominent American anchor, has quit, citing an increased amount of editorial control.
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The Food and Drug Administration said Thursday that it was investigating a possible link between Merck’s best-selling drug Singulair and suicide.
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Comcast said that instead of interfering with specific online applications, it will manage traffic by slowing the Internet speeds of its most bandwidth-hogging users when traffic is busiest.
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In August, a Chinese antimonopoly law takes effect that will extend the nation’s economic influence far beyond its borders.
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SportsNet New York has added two series that owe a lot to the quick-hit, multiple-topic formula of ESPN’s “Pardon the Interruption” and by pitting personalities from radio.
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The Xerox Corporation said Thursday it would pay $670 million to settle a securities lawsuit from 2000, without admitting wrongdoing.
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The Department of Agriculture released a list of all districts nationwide that received beef included in a recall of meat from a California slaughterhouse.
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Hundreds of flights were canceled Thursday as mechanics for American Airlines and Delta Airlines inspected wiring in aircraft to ensure the planes met federal safety rules.
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The suit accuses six banks that agreed to finance Clear Channel’s $19.5 billion buyout of reneging on their commitments.
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If there’s one issue that divides the self-employed from all other employees, it is their preoccupation with the subject of health insurance.
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Sharpcast introduces an automated Internet backup and synchronization service.
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Under pressure to raise its stock price, the company plans to split itself in two, spinning off its unprofitable mobile phone unit.
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“Improper” practices by New Century Financial were condoned and enabled by KPMG, according to an independent investigation.
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For both economic and psychological reasons, there is no asset more conducive to hopeful overvaluation than real estate.
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Treasury Secretary Henry M. Paulson Jr. defended the takeover even as he called for more transparency on the part of Wall Street.
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The business software company reported a 30 percent rise in quarterly profit, but a lower-than-expected increase in new software licenses caused shares to fall in after-hours trading.
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CBS News, which lags well behind its competitors in most areas of television news, wants a debate between Barack Obama and Hillary Rodham Clinton in the worst way.
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A pair of pessimistic reports on home sales and business spending reminded investors about the precarious state of the economy.
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I.B.M.’s service program for fast-tracked employees helps raise the company’s profile in countries where it doesn’t have a strong presence.
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The video game company famous for its “Grand Theft Auto” games told its shareholders to reject a $2 billion buyout bid from Electronic Arts, saying it was not sufficient.
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Seeking to put its legal problems behind it as it confronts larger financial ones, Citigroup became the last of 11 financial institutions to resolve Enron claims going back to 2003.
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New data suggested Europe was fairing better than many analysts had expected, but officials warned that a slowdown was probably inevitable.
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The $2.3 billion purchase price is more than the market expected but still about half what Ford originally paid for the luxury brands several years ago.
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The drug company has agreed to pay $15 million to the state of Alaska to settle a lawsuit claiming that its schizophrenia drug Zyprexa caused patients to develop diabetes.
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Creative Artists Agency is expected to launch WePlay.com, a social networking site for youth sports — something like Facebook for young athletes — in April.
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The concept of supply-side economics, introduced by Ronald Reagan when he ran for president in 1980, has made a return in this year’s election campaign, in an amended form.
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A group has improved one neighborhood’s foreclosure rate by helping high-risk borrowers to hold on to their homes.
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Yahoo announced it would join an alliance that will try to make it easier for programmers to write software that can run on many social networking Web sites.
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John McCain drew a sharp distinction with the Democratic presidential candidates, placing some of the blame on homeowners.
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As newspapers slash costs, the presence of relatively few print reporters on candidates’ buses and planes this year is striking.
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Mr. Riney was an iconoclastic copywriter who helped build San Francisco into a creative center for advertising.
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A private survey found that Americans feel worse about the economy’s prospects than at any time since 1973, when Americans struggled with soaring oil prices and inflation.
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The ruling is likely to discourage other states, including California, that had been considering following New York’s lead in enacting an Airline Passenger Bill of Rights.
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Modular construction, often associated with prisons and barracks, is increasingly being used to create dormitories and classrooms at colleges and universities.
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Earnings at the Bank of China and the Industrial and Commercial Bank of China were buoyed by the country’s surging economy.
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Deep in its basement, Astor Wines and Spirits installed a complex mechanical system to generate energy for its businesses.
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A runway version of traffic signals will be added at 20 busy airports in the next three and a half years.
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Stocks held steady even after disappointing reports on consumer sentiment and the housing market.
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Shares of Thornburg Mortgage jumped after the company disclosed plans to raise $1.35 billion.
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In a reprieve for the pharmaceutical industry, California regulators agreed to delay a requirement that prescription drugs be electronically tracked to thwart counterfeiting.
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Branded entertainment, in which a brand is integrated into the plot of a movie or TV series, is intended to prevent consumers from avoiding advertising.
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Federal regulators approved a group of copper alloys, including brass and bronze, as capable of killing bacteria and microbes effectively enough to protect human health.
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The company wants to build two reactors adjacent to the South Texas Project, 90 miles from Houston.
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A day of testimony in the wiretapping trial of the Hollywood private eye Anthony Pellicano included industry names in the most embarrassing of contexts.
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Last year, China exported more than $12 billion in auto parts, adding to the problems plaguing North American suppliers, and soon, it will be exporting even more.
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The alternative-asset manager said that it earned $78 million in the fourth quarter, setting aside compensation expenses related to last year’s I.P.O., a 43 percent drop from the same period in 2006.
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As part of an effort to concentrate on making better coffee, Starbucks has bought a company that makes $11,000 machines that brew one cup at a time.
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$36 MILLION.
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JPMorgan’s move to raise its bid on Bear Stearns exposes what no one dared to say aloud: the Federal Reserve is officially in the deal-making business.
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Stocks surged on Monday after last-minute negotiations salvaged the rescue of Bear Stearns and housing sales snapped a long streak of declines.
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Mr. Copeland made a fortune with the fried-chicken restaurant chain he started, Popeyes.
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Billionaire investor Carl C. Icahn said that he was suing Motorola to force it to hand over documents related to its mobile devices business.
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Nearly two years after Andrew M. Kissel was fatally stabbed, his chauffeur, Carlos Trujillo, was arraigned on charges of conspiring to murder his former boss.
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Stock prices soared in Taiwan as investors welcomed the presidential election victory of Ma Ying-jeou, a Nationalist who has called for closer relations with mainland China.
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Biovail’s former chief and three other officers were accused by the S.E.C. of various accounting frauds, with the company agreeing to settle with the agency for $10 million.
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JPMorgan’s improved offer illustrates the deep complexity and political sensitivity of the deal, which also met the rejection and anger of Bear Stearns shareholders and employees.
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Senator Hillary Rodham Clinton called on Congress to provide the money to help states and communities lessen the number of foreclosures.
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Ever since Germany cracked down on tax evaders, the principality of Andorra, a mile-high mall of sorts, has seen business slow.
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The Federal Communications Commission fined Fox Broadcasting for $91,000 for broadcasting a reality show episode including graphic sexual scenes.
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Tiffany’s higher-than-expected quarterly profit were also boosted by new stores.
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Walgreen’s profits were helped by cost-cutting and an extra day in the quarter because of the leap year.
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In comments filed with the F.C.C., Google outlined plans for low-power devices that use local wireless airwaves to access the “white space” between television channels.
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PREMIUM AIR TRAVEL SAGS Premium traffic, which had been increasing robustly around the world in recent years, “is now slowing sharply,” said the International Air Transport Association, noting that the number of passengers traveling globally in first- and business-class seats “barely grew” in January compared with January 2007. Premium traffic on the lucrative trans-Atlantic routes grew 5.6 percent in 2007, and was 2.6 percent higher in January compared with January 2007. But that represented slowing compared with December, when trans-Atlantic premium traffic rose 5.7 percent over December 2006. Premium traffic to and from the Middle East continued to grow unabated, with a 20.6 percent increase last year, the international airline trade group said. Continental Airlines has announced a sharp reduction in 60-day advance-purchase business-class fares to Europe for the summer. Here’s a sample round-trip fare: Newark-London Heathrow, $1,798 plus taxes and fees.
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Television networks are promoting return of scripted shows to television, deftly omitting any mention of the three-month writers’ strike that took shows off the air.
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Once Terence Healy made up his mind that the pounds had to go, he found that he actually ate less when he traveled.
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For some businesspeople, and not just artists, traveling is an integral part of the creative process.
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Last year was, as we know, the worst ever for flight delays. And this year, every business traveler I know says the situation has gotten worse.
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The two car companies are expected to announce that Tata is buying Jaguar and Land Rover from Ford for about $2 billion, a person briefed on the negotiations said.
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The move sets up an unusual division at the television studio, with Bonnie Hammer overseeing all the shows intended to be played on cable.
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BlackRock, the publicly traded asset manager, and a hedge fund firm, Highfields Capital Management, are backing a new company seeking to raise $2 billion to buy delinquent residential mortgages.
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Alaska has brought a suit against Eli Lilly accusing the company of hiding the side effects of its bestselling schizophrenia medicine, Zyprexa.
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The Small Business Administration has not said publicly that it is worried about a credit squeeze but signs point to a decline in business loans through its main program.
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The Justice Department said the buyout of XM Satellite Radio by Sirius would not hurt competition or consumers.
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A French appeals court ruled that Jérôme Kerviel, the former trader Société Générale has blamed for billions in losses, should be released from jail while an investigation continues.
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The White House faced accusations that it is helping a corporate giant but doing little to aid Americans facing foreclosure.
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The New York Times Company has struck a deal with a pair of hedge funds, giving the funds two seats on the board in order to avoid a proxy fight.
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James Dimon, as head of JP Morgan Chase, has suddenly become the most talked about, and arguably the most powerful, banker in the world today.
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For employees of Bear Stearns, many of whom have spent most of their professional lives at Bear, the sudden collapse was unfathomable.
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Nervousness pervaded Wall Street despite the efforts by the Federal Reserve to restore order within the financial system.
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The Fed is putting its reputation and resources on the line to rescue Wall Street’s biggest institutions from their far-reaching mistakes.
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I was in no mood for a bad trip when I left for a 7 a.m. Virgin America flight to New York. And I didn’t get one.
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The investor is buying the mortgage servicing business of H& R Block for $1.1 billion.
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I’M not a famous person, but my lapel pin makes me feel like one.
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Shaking up its leadership for the third time in six months, Citigroup has named John Havens as the new head of its investment banking and alternative investments group.
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Since the mortgage market crisis unfolded in the summer, investors have fretted that Lehman will stumble, and its stock has fallen from a peak of $82 a share then.
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Bear Stearns’s downfall and subsequent sale to JPMorgan Chase on Sunday was orchestrated by some of the most powerful people on Wall Street and in Washington.
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Critics of the Federal Reserve’s role in the sale of Bear Stearns have raised the specter of moral hazard. What is moral hazard?
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Société Générale, the French bank hobbled by a trading loss of more than $7 billion, announced Monday that it was reorganizing its senior management team.
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The Supreme Court handed Microsoft a defeat on Monday by refusing to rule on its request to halt an antitrust suit against it.
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A federal appeals court panel reversed the insider-trading conviction of Joseph P. Nacchio, ruling that a federal district court judge had wrongly excluded a witness.
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At a time when most companies are scrambling for a prime seat on the green bandwagon, why not a company-branded wind farm?
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Ford is desperate to re-establish itself with consumers who defected to Asian and European nameplates.
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The mobile check-in may well be the first step in direct communications between airlines and passengers as they travel.
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The CME Group said Monday that it would buy the New York Mercantile Exchange in a $9.4 billion cash-and-stock deal.
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Pilots at Delta Air Lines and Northwest Airlines appear to have given up efforts to combine their seniority lists.
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The dollar, which tumbled to an almost 13-year low against the yen on Monday, may soon find a protector here — the Japanese finance ministry.
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A closely watched measure of manufacturing activity in the New York area plunged in March to the lowest level on record.
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The $6-billion acquisition makes International Paper North America’s largest maker of corrugated boxes.
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A $32 billion segment of Canada’s debt market was placed under bankruptcy protection on Monday after a committee established to restructure the troubled debt missed a deadline.
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The outlook for New York City’s economy and its main engine, the financial services industry, had already taken a bleak turn before the sudden failure of Bear Stearns.
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For those with major assets, an extra insurance policy can take care of one’s liability for the nightmarishly unexpected.
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How can we position ourselves to survive — and prosper from — the recent upheavals in the market? The answer: Stay the course.
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Both the editor and the publisher who ran Interview magazine for almost two decades will join Condé Nast to help guide one of its fastest-growing businesses, the European editions of Vanity Fair.
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It’s not surprising that Bear Stearns’s stock plummeted after JPMorgan Chase agreed to buy it for just $2 per share. The surprising part is that it didn’t plummet more.
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The Supreme Court handed Microsoft a defeat on Monday by refusing to rule on the software giant’s request to halt an antitrust suit against it.
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A day that loomed darkly on Wall Street ended with only a modest decline in the overall market and the Dow up 21 points, but shares of financial firms plummeted.
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Critics accused the administration of bailing out a prestigious bank while ignoring the hardships of Americans facing foreclosures on their homes.
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The paper and wood products company will acquire Weyerhaeuser’s containerboard packaging and recycling unit for $6 billion in cash.
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The German engineering giant gave investors a rude shock Monday, disclosing that delays and canceled orders would cut its quarterly earnings by 900 million euros, or $1.4 billion.
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The New York Times Company has struck a deal with a pair of hedge funds that want to shake up the company, giving the funds two seats on the board in order to avoid a proxy fight.
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A federal appeals court threw out all guilty verdicts against Joseph Nacchio, ordering a new trial in an insider trading case seen as a test of government attempts to squash corporate fraud.
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By entering the online-game sector, media companies can attract advertising, including from food companies that have agreed to limit the nature and volume of television ads aimed at children.
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CME, which runs the Chicago Mercantile Exchange and the Chicago Board of Trade, will acquire the parent of the New York Mercantile Exchange in a cash and stock deal.
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A New York manufacturing gauge fell to a new low in March after national industrial output slumped in February.
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The billionaire investor Wilbur Ross will pay $1.1 billion for H&R Block’s troubled mortgage servicing business, which has been rocked by the nationwide mortgage crisis.
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After suffering its longest drought without a new hit series, HBO is moving the president of HBO Entertainment, Carolyn Strauss, to a new position.
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Shaking up its leadership for the third time in six months, Citigroup has named John Havens as the new head of its investment banking and alternative investments group.
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For magazines and newspapers with long histories, old material can be reborn on the Web as an inexpensive way to attract readers, advertisers and money.
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State officials are being forced to make difficult financial decisions, with few programs being spared from cuts.
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A shoestring operation stunned by its own success faces growing pains.
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Gov. Eliot Spitzer seemed to don the uniform for the modern public apology when announcing his resignation following allegations that he patronized a prostitute.
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One month after the conservative radio talk show host publicly appealed for computer help to Steven P. Jobs, his e-mails are now saving properly.
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An ad campaign for a radio station that broadcasts from Jerusalem and Ramallah suggests a new way to address the divide: speak, or even sing, to both sides at once.
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A Barack Obama supporter quizzed on the street has drawn a million views on YouTube.
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Hospitals have begun installing Internet systems with dedicated shopping channels, to help patients pick up goods they will need for their recuperation.
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A Web site that started out as an Internet lark is now attracting advertisers.
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When it comes to products helping to promote the coming film based on the popular TV series “Sex and the City,” it seems the sky is the limit.
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The Swiss bank is also weighing a possible split of its wealth management and investment banking business, a Swiss newspaper reported.
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Internet users in China were blocked from seeing YouTube.com on Sunday after dozens of videos about protests in Tibet appeared on the Web site.
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A judge has ordered a USA Today reporter to pay fines of up to $5,000 a day if she continues to withhold names of sources she used for a story on the 2001 anthrax attacks.
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After more than 70 years, Consumer Reports has decided that a review isn’t enough for a bad product — it deserves a provocative ad campaign, too.
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Some critics say a Facebook application called Honesty Box has become another weapon in the cyberbully’s arsenal.
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Posted: March 16th, 2008, 11:44pm EST
RATE CUT EXPECTED The Federal Reserve meets on Tuesday, when it will decide how deeply to cut interest rates. A cut of a half point to three-quarters of a point is expected.
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In many hotel bathrooms, there hang hook-shaped plastic cards urging guests to forgo the laundering of their towels. A new study in the Journal of Consumer Research examines how often people follow the requests of such cards, and why.
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Posted: March 16th, 2008, 11:42pm EST
The Treasury’s schedule of financing this week included today’s regular weekly auction of new three- and six-month bills and an auction of four-week bills Tuesday.
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Critics say Starbucks has squandered its musical tastemaking cachet by offering more mainstream selections in its coffee shops.
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Alitalia, the money-losing Italian airline, accepted a 747 million-euro takeover offer from Air France-KLM on Sunday, seizing an 11th-hour financial lifeline.
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Executives involved in the deal said that Televisa had agreed to include multiple hours of Telemundo programs on one of its Mexico-based broadcast television stations.
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Melody Petersen has written an angrily illuminating book on drug-related corporate malfeasance and patient peril.
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An employee of Société Générale has been released after French authorities questioned him in connection with a trading scandal, a spokeswoman for the Paris prosecutor said.
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The automaker, which told employees worldwide to plan for a mandatory two-week vacation, said the corporate-wide shutdown should help it improve efficiency.
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The nation’s top economic policymakers on Thursday proposed a broad series of reforms aimed at tightening oversight of financial institutions.
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AOL has announced it will spend $850 million in cash to buy Bebo. The main benefit of the deal is that it can shore up AOL’s large AIM instant message system.
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Futures hit $1,000 an ounce for the first time Thursday morning as the dollar continued to decline and crude oil prices rose.
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An exodus from equities in early trading, spurred by fears of inflation, nudged gold to its highest-ever nominal price.
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Stocks retreated a day after the Fed’s $200 billion relief plan prompted the biggest rally in more than five years.
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The automaker said it aims to sell 8 million cars a year by 2011 — almost 30 percent more than last year — and said it was looking at building a new plant in the United States.
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Seeking stability, Chrysler turns to James E. Press, a 37-year veteran of rival automaker Toyota.
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Shares of Carlyle Capital lost most of their value after the company said it expected its lenders to promptly take over all its assets after discussions with banks to refinance the fund failed.
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The $2 billion tender offer officially marks a hostile effort by the videogame giant to acquire the maker of the blockbuster Grand Theft Auto franchise.
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Authorities took a second employee at the French bank Société Générale into custody in connection with a $7 billion trading scandal.
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User demand for the Internet could outpace network capacity by 2011, some analysts warn.
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Mr. Metzenbaum was a a self-made millionaire before his long career fighting big business in the Senate.
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Mr. Burke’s company capitalized on the luster of Lance Armstrong’s victories in the Tour de France to reshape the way top-of-the-line bikes are manufactured.
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The court heard the first hint of drama in the dispute between John C. Malone’s Liberty Media and Barry Diller’s IAC/InterActiveCorp.
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Authorities are searching for a former bank employee suspected of selling stolen banking data to German officials that formed the basis of a vast tax-evasion scandal.
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The bureau appears to have used the blanket records demands as a quick way to clean up mistakes made over several years after the Sept. 11, 2001, attacks.
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Finding a successor to Toshihiko Fukui before he steps down next Wednesday looks increasingly unlikely.
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Stephen A. Schwarzman received $350.7 million of compensation in 2007, making him one of the highest paid executives on Wall Street.
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Representative Barney Frank, Democrat of Massachusetts, is expected to offer a plan on Thursday that would provide federal backing to hundreds of thousands of home loans.
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Microsoft founder Bill Gates told Congress that educational and immigration reform are critical to deal with a shortage of scientists and engineers.
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The president of a slaughterhouse at the heart of the largest-ever meat recall grudgingly admitted that his company had apparently introduced sick cows into the hamburger supply.
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The episode raises further questions about Southwest’s maintenance procedures and about oversight by the Federal Aviation Administration.
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Talbots, American Eagle Outfitters and Men’s Warehouse each posted declines in fourth-quarter profits.
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The United States arm of ING is launching a “Your Number” campaign, which refers to the amount of money that you will need to retire comfortably.
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To deal with an economic slowdown, the government, which has been aiming to lower the deficit, said it would borrow an additional £7 billion, or $14 billion, next year.
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The retailer said it was in talks with an investment partner to sell an undivided interest in about half of its credit card receivables for about $4 billion.
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When it is introduced, the YouTube service will be available only to TiVo users who have a Series 3 or HD set-top box and a broadband connection.
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The green movement comes to media players with the introduction of two music players that function without batteries or power from a cord.
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The shareholders of of the luxury homebuilder approved a compensation plan awarding bonuses to the chief executive even when the housing market is slumping.
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The federal government reversed course and said Wednesday it would continue to cover the use of an increasingly popular procedure to detect heart disease.
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When Société Générale’s moved its $9.7 billion loss from 2008 — when it occurred — to 2007, it created a furor in accounting circles about whether standards can be evenly applied.
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Investors sought absolute safety, even moving away from debt issued by two government-sponsored mortgage lending enterprises.
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Apple is hoping to expand the iPhone’s appeal by luring software developers to create programs for it.
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The home improvement chain is planning what may be its most ambitious annual spring marketing campaign, which gets under way on Sunday.
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The story of the Dunmore family in California is the story of the nation’s housing crisis writ small, familial and mean.
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Anthony Pellicano, who is defending himself, denied nothing in his opening remarks, saying that his business was “problem solving.”
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The House Oversight and Government Reform Committee will pose questions to chief executives of three financial companies who received outsize pay packages even as their shareholders lost billions.
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The decline in the market that started Thursday morning in Europe and accelerated in New York hit the Asian markets hard in early trading Friday.
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Shares of Sallie Mae, the nation’s largest source of student loans, have lost more than half their value since December.
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The legislation would create a public database of complaints about products and empower state prosecutors to take action to protect consumers.
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Department store sales fell as consumers turned to outlets where they could save money.
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The Bank of Japan kept interest rates steady Friday at the final board meeting of the governor, Toshihiko Fukui, on concern that economic growth was slowing.
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The figures are expected to increase pressure on policy makers and the mortgage industry to move faster to contain losses and help homeowners.
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The number of people signing up for unemployment benefits fell sharply last week, welcome news that nonetheless failed to change the overall picture of a softer employment market.
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The F.A.A. proposed a record penalty, $10.2 million, against Southwest Airlines on Thursday because, it said, the carrier had misled officials.
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The subpoenas were given in a broadening investigation of a practice that was said to be unfairly costing consumers hundreds of millions of dollars.
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Ken Stern is leaving after less than 18 months in the job.
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With fears about inflation prompting the European Central Bank to leave interest rates unchanged, the euro touched a new high against the dollar.
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The Friday deadline requires it to put up $184 million in collateral or buy insurance to meet its obligations on $5.4 billion of interest-rate swaps linked to sewer debt.
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G.M. temporarily closed its assembly plant at Wentzville, Mo., west of St. Louis, after it ran out of parts from American Axle.
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Criminal charges were filed on Thursday against four executives who imported toothpaste from China that contained a poison used in some antifreeze.
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The Walt Disney Company will begin showing its classic television shows on the Internet, its chief executive, Robert A. Iger, told shareholders on Thursday.
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Blockbuster posted better-than-expected results Thursday, saying cost cuts and revamping would yield a profit for 2008.
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The case of Anthony Pellicano, the onetime sleuth-to-the-stars who is accused of eavesdropping, has a D-list of no-name defendants but big names may be called to testify.
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A Google executive, Sheryl Sandberg, will join Facebook later this month as chief operating officer and will work closely with Mark Zuckerberg, Facebook’s co-founder.
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Jolted by a tax dispute with Liechtenstein, European countries took steps Tuesday toward clamping down on tax havens.
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The United States Trustee has filed a second lawsuit against the mortgage lender Countrywide Financial, accusing the company of abusing the bankruptcy process.
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Germany’s wariness of forming a new partnership is just one of the challenges facing Europe as it seeks to compete in technology with market leaders from the United States and Asia.
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Americans filed for bankruptcy in growing numbers in February, buckling under the combined weight of rising energy prices, a weakening housing market and high personal debts.
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For the second time this week, Gazprom reduced the flow of natural gas to Ukraine as negotiations unraveled over the price and terms of transit for natural gas.
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Advanced Micro Devices said that it was closing a technology gap with its rival Intel, cutting about in half the time required to move to a new manufacturing process.
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The blackout occurred on WHNT-TV in Huntsville, Ala., during a segment on the state’s imprisoned former governor that suggested he had been the victim of a Republican conspiracy.
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Investors and analysts have urged a breakup of Citigroup, saying the company has become too unwieldy to be managed effectively.
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The Bush administration and the Federal Reserve are inching closer toward a government rescue of distressed homeowners and mortgage lenders.
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Sustained increases in its annual defense outlays put China on track to become a major military power.
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After a long malaise, CNN is finally getting its swagger back, in large part from high ratings from this year’s presidential race.
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As it scrambles to avoid defeat in its battle with Microsoft, Yahoo may try to seek more time to find other partners or persuade Microsoft to raise its offer.
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A study cross-referencing stock prices and gifts of stock by corporate executives raised suspicions that many transactions may have been backdated to maximize tax benefits to the donors.
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Australia’s central bank raised interest rates to a 12-year high in another attempt to contain inflationary pressures in an economy fueled by China’s hunger for resources.
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A marketer is plop-plopping a vintage brand character back into ads, hoping to generate some fizz-fizz among a new generation of consumers.
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Wall Street recuperated from a sharp plunge to close mixed on Tuesday on upbeat comments from Cisco Systems and reports that a bond insurer rescue plan was progressing.
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The Bank of Canada said that reducing its benchmark lending rate to 3.5 percent was necessary because of the increasing weakness of the United States economy.
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The office products supplier posted fourth-quarter profit of $333.2 million, from $336.5 million a year earlier, as North American retail sales declined.
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Porsche said that sales in the six-month period rose by 14 percent to nearly 3.5 billion euros ($5.3 billion), and repeated that it has no plans to acquire Volkswagen.
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A trail of deals done, and a deal with EMI that was not done.
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Posted: March 2nd, 2008, 5:16am EST
My first day I was assigned to cosmetics. I begged to leave. The manager suggested I stick it out for six weeks. I never left.
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Posted: March 2nd, 2008, 4:36am EST
Leonard S. Riggio, the founder and chairman of Barnes & Noble, announced a $20 million donation to help hurricane victims in New Orleans.
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Posted: March 2nd, 2008, 3:17am EST
O. Bruton Smith has used leverage, power, money and a born salesman’s bulldog drive to build drag strips, racetracks and an assortment of companies that have made him a billionaire.
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Posted: March 2nd, 2008, 3:08am EST
The companies that own the rights to the Scrabble board game say Scrabulous, a popular online knockoff, is piracy.
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Posted: March 2nd, 2008, 3:05am EST
Reverse mortgages have boomed, but many consumers complain of unethical and high-pressure sales tactics.
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Posted: March 2nd, 2008, 2:35am EST
Zeroing In.
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Posted: March 2nd, 2008, 2:34am EST
When months of job hunting lead to a dead end, consider an attitude adjustment.
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Posted: March 2nd, 2008, 2:30am EST
After a sparkling start to the week, stocks plummeted on Friday, pulling the market down for the week and for the fourth consecutive month.
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Posted: March 2nd, 2008, 2:29am EST
Barack Obama is clearly an intelligent man. So it may not be too early to start a process of education about oil companies and why attacking them is not smart.
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Posted: March 2nd, 2008, 2:28am EST
Whatever became of the much-ballyhooed Fed rally?
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Posted: March 2nd, 2008, 2:28am EST
Selling may be the reflexive response by shareholders who have watched the value of their assets decline, but investment advisers contend that they should consider buying instead.
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Posted: March 2nd, 2008, 2:28am EST
If people do not see any risk, and see only the prospect of outsized investment returns, they will pursue those returns with disregard for the risks.
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Posted: March 2nd, 2008, 2:27am EST
Improv actors know a thing or two about flexibility and creativity.
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Posted: March 2nd, 2008, 2:24am EST
Travelers who don’t trust the water from a mountain stream or a hotel-room faucet have a portable high-tech option for purifying drinking water.
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Posted: March 2nd, 2008, 2:19am EST
On Wall Street these days, leading strategists are looking to the past to try to explain what lies ahead for the stock market in 2008.
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Posted: March 2nd, 2008, 2:18am EST
Economists may want to look at what could be called the “career complacency index” when assessing the health of the economy.
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Posted: March 2nd, 2008, 2:15am EST
In spite of the Federal Reserve’s efforts to fight off a recession, a consumer-led recession has already begun.
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Posted: March 2nd, 2008, 2:14am EST
Workers are getting fewer hours, and those without jobs are staying unemployed longer or accepting lower pay.
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Posted: March 2nd, 2008, 2:11am EST
Two new works look at Russia’s economic progress as Dmitri A. Medvedev succeeds Vladimir Putin in the presidency.