NYT > Business (22 unread)
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High & Low Finance: Breaking the Rules and Admitting It
Posted: March 7th, 2008, 3:32am EST by By FLOYD NORRIS
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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. -
Aversion to Risk Deepens Credit Woes
Posted: March 7th, 2008, 3:29am EST by By FLOYD NORRIS
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Investors sought absolute safety, even moving away from debt issued by two government-sponsored mortgage lending enterprises. -
Apple to Encourage iPhone Programmers
Posted: March 7th, 2008, 2:23am EST by By LAURIE J. FLYNN
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Apple is hoping to expand the iPhone’s appeal by luring software developers to create programs for it. -
Advertising: As the Snows Melt, Lowe’s Encourages Spring Thinking
Posted: March 7th, 2008, 2:15am EST by By STUART ELLIOTT
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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. -
In California, a Generational Tale of Real Estate Boom and Bankruptcy
Posted: March 7th, 2008, 2:05am EST by By KATIE HAFNER
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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. -
Prosecutor Says Detective Bragged of Wiretapping
Posted: March 7th, 2008, 1:51am EST by By DAVID M. HALBFINGER
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Anthony Pellicano, who is defending himself, denied nothing in his opening remarks, saying that his business was “problem solving.” -
Panel to Review Payouts Given by Troubled Firms
Posted: March 7th, 2008, 1:48am EST by By GRETCHEN MORGENSON
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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. -
Stocks & Bonds: Shares Tumble as Credit Worries Worsen
Posted: March 7th, 2008, 1:45am EST by By MICHAEL M. GRYNBAUM
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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. -
Market Place: Hoping to Earn a Diploma
Posted: March 7th, 2008, 1:39am EST by By MICHAEL J. de la MERCED
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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. -
Senate Votes to Strengthen Product Safety Laws
Posted: March 7th, 2008, 1:37am EST by By STEPHEN LABATON
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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. -
Discounters Led Retailers Last Month
Posted: March 7th, 2008, 1:31am EST by BY REUTERS
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Department store sales fell as consumers turned to outlets where they could save money. -
Japan’s Bank Keeps Rate Unchanged
Posted: March 7th, 2008, 12:54am EST by By BLOOMBERG NEWS
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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. -
As Foreclosures Rise, Investors Pull Back
Posted: March 7th, 2008, 12:51am EST by By VIKAS BAJAJ
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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. -
New Jobless Claims Declined Last Week
Posted: March 7th, 2008, 12:47am EST by By THE ASSOCIATED PRESS
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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. -
F.A.A. Fines Southwest Air in Inspections
Posted: March 7th, 2008, 12:40am EST by By MATTHEW L. WALD
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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. -
New York Subpoenas Several Health Insurers
Posted: March 7th, 2008, 12:36am EST by By THE ASSOCIATED PRESS
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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. -
NPR Chief, in Office Since 2006, Will Depart
Posted: March 7th, 2008, 12:30am EST by By ELIZABETH JENSEN
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Ken Stern is leaving after less than 18 months in the job. -
European Bank Leaves Rate at 4%
Posted: March 7th, 2008, 12:29am EST by By MARK LANDLER
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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. -
Alabama County Facing Deadline on Sewer Debt
Posted: March 7th, 2008, 12:25am EST by By BLOOMBERG NEWS
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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. -
G.M. Temporarily Closes Another Plant Amid Strike at Parts Maker
Posted: March 7th, 2008, 12:24am EST by By THE ASSOCIATED PRESS
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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. -
4 Executives Are Charged Over Tainted Toothpaste
Posted: March 7th, 2008, 12:23am EST by By LOUISE STORY and GERALDINE FABRIKANT
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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. -
Disney to Offer Some Vintage TV Series on Its Web Site
Posted: March 7th, 2008, 12:21am EST by By BLOOMBERG NEWS
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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.