NYT > Business (20 unread)
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French Trader Released After Questioning
Posted: March 13th, 2008, 1:21pm EDT by By JAMES KANTER and NICOLA CLARK
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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. -
Chrysler to Take Two-Week Break in July
Posted: March 13th, 2008, 1:05pm EDT by By THE ASSOCIATED PRESS
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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. -
Stronger Rules for Mortgages Are Proposed
Posted: March 13th, 2008, 12:35pm EDT by By EDMUND L. ANDREWS
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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. -
Bits: Bebo: Randy Falco’s Rescue Plan for AIM
Posted: March 13th, 2008, 11:13am EDT by By SAUL HANSELL
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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. -
Gold Futures Hit $1,000 Benchmark
Posted: March 13th, 2008, 10:20am EDT by By THE ASSOCIATED PRESS
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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. -
Global Stocks Fall as Dollar Tumbles Further
Posted: March 13th, 2008, 10:16am EDT by By DAVID JOLLY
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An exodus from equities in early trading, spurred by fears of inflation, nudged gold to its highest-ever nominal price. -
Stocks & Bonds: A Day After a Big Gain, Markets Turn Wary Again
Posted: March 13th, 2008, 9:51am EDT by By THE ASSOCIATED PRESS
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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. -
Volkswagen Sets Annual Sales Target of 8 Million
Posted: March 13th, 2008, 9:22am EDT by By THE ASSOCIATED PRESS
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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. -
Can a Toyota Man Fix Chrysler?
Posted: March 13th, 2008, 9:02am EDT by By BILL VLASIC
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Seeking stability, Chrysler turns to James E. Press, a 37-year veteran of rival automaker Toyota. -
Carlyle Fund Expects Assets Will Be Seized
Posted: March 13th, 2008, 8:54am EDT by By JULIA WERDIGIER
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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. -
DealBook: Electronic Arts Starts Tender Offer for Take-Two
Posted: March 13th, 2008, 8:24am EDT by By DEALBOOK
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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. -
French Police Questioning Bank Worker
Posted: March 13th, 2008, 6:04am EDT by By NICOLA CLARK
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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. -
Video Road Hogs Stir Fear of Internet Traffic Jam
Posted: March 13th, 2008, 3:59am EDT by By STEVE LOHR
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User demand for the Internet could outpace network capacity by 2011, some analysts warn. -
Howard Metzenbaum Dies at 90; Ex-Ohio Senator
Posted: March 13th, 2008, 3:20am EDT by By THE ASSOCIATED PRESS
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Mr. Metzenbaum was a a self-made millionaire before his long career fighting big business in the Senate. -
Richard Burke, Founder of Trek Bicycle Company, Is Dead at 73
Posted: March 13th, 2008, 3:14am EDT by By DENNIS HEVESI
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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. -
Billionaire Rivals Spoke Often of Deals, Trial Is Told
Posted: March 13th, 2008, 1:39am EDT by By RITA K. FARRELL
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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. -
Liechtenstein Issues Warrant for Tax Informant
Posted: March 13th, 2008, 1:20am EDT by By MARK LANDLER
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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. -
F.B.I. Made ‘Blanket’ Demands for Phone Records
Posted: March 13th, 2008, 1:19am EDT by By ERIC LICHTBLAU
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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. -
Choice of Central Banker Is Snarled in Japan’s Politics
Posted: March 13th, 2008, 1:12am EDT by By MARTIN FACKLER
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Finding a successor to Toshihiko Fukui before he steps down next Wednesday looks increasingly unlikely. -
Blackstone’s Chief Received $350 Million in Pay in 2007
Posted: March 13th, 2008, 1:09am EDT by By THE ASSOCIATED PRESS
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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.