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A Classroom Path to Entrepreneurship
Posted: April 30th, 2008, 11:57pm EDT by By GLENN RIFKIN
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As college courses in how to start small businesses are becoming as ubiquitous as Economics 101, gone is the conventional wisdom that such skills cannot be learned in class. -
F.D.A. Warns Merck About Plant
Posted: April 30th, 2008, 11:50pm EDT by By THE ASSOCIATED PRESS
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Inspectors said the West Point, Pa., plant, which recalled two vaccines in December over sterility problems, had determined that manufacturing rules were not being followed. -
Profit Falls 67% at Siemens, but Orders Climb
Posted: April 30th, 2008, 11:46pm EDT by By REUTERS
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Europe’s biggest engineering company reported strong growth in orders in the second quarter and its shares rose Wednesday, even though net income dropped by two-thirds. -
Time Warner Refocusing With Move to Spin Off Cable
Posted: April 30th, 2008, 11:44pm EDT by By TIM ARANGO
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The move spotlighted the company’s future as a pure content provider and signaled a renewed focus on its Warner Brothers movie studios and Turner Networks. -
Agency Floats a Proposal to Help With Home Loans
Posted: April 30th, 2008, 11:42pm EDT by By STEPHEN LABATON and DAVID M. HERSZENHORN
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The F.D.I.C. proposed permitting the Treasury Department to lend $50 billion directly to as many as a million homeowners to help ease the housing crisis. -
Mixed Results for Makers of Products for the Home
Posted: April 30th, 2008, 11:41pm EDT by By THE ASSOCIATED PRESS
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Makers of household consumer and food products reported mixed results, Procter & Gamble got a boost from emerging markets, while Colgate-Palmolive’s earnings fell. -
Producers’ Group Pessimistic on Labor Talks With Actors
Posted: April 30th, 2008, 11:40pm EDT by By MICHAEL CIEPLY
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The stage is set for a new and more difficult phase in the showdown between actors and producers over a contract to replace the current deal, which expires June 30. -
States Limit Costly Sites for Cancer Radiation
Posted: April 30th, 2008, 11:33pm EDT by By ANDREW POLLACK
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A commission in Michigan moved to prevent hospitals in the state from each spending $100 million or more to provide a new form of radiation treatment for cancer. -
H.P. Reports Big Advance in Memory Chip Design
Posted: April 30th, 2008, 11:29pm EDT by By JOHN MARKOFF
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Hewlett-Packard scientists said they have designed a device that they believe will make it possible to build tiny computers that could imitate biological functions. -
Stocks & Bonds: Rally Fades to Small Loss, Despite the Fed’s Rate Cut
Posted: April 30th, 2008, 11:26pm EDT by By THE ASSOCIATED PRESS
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Wall Street gave up sharp gains and closed lower, after the Fed cut interest rates by a quarter of a percentage point but left investors guessing about its next move. -
Starbucks Reports 28% Drop in Profit and Trims Store Openings
Posted: April 30th, 2008, 11:18pm EDT by By LAURIE J. FLYNN
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With profit down 28 percent, Starbucks said it would open fewer new stores in the United States, slash expenses and sell better-tasting coffee. -
Fed Cuts Rate by a Quarter Point, to 2%
Posted: April 30th, 2008, 3:11pm EDT by By STEVEN R. WEISMAN
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The Federal Reserve reduced short-term interest rates for the seventh time in seven months, the latest in a series of measures to stabilize financial markets. -
Slight Economic Growth; Consumer Spending Weakens
Posted: April 30th, 2008, 3:07pm EDT by By PETER S. GOODMAN and MICHAEL GRYNBAUM
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Economic growth expanded only modestly in the first three months of the year, reflecting consumers’ more thrifty inclinations. -
Kraft Foods Profit Falls 13% Amid Higher Costs
Posted: April 30th, 2008, 2:00pm EDT by By THE ASSOCIATED PRESS
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The maker of Oscar Mayer hot dogs, Maxwell House coffee and Oreo cookies did benefit from across-the-board price increases of its products, with sales jumping 21 percent. -
Time Warner Spinning Off Cable Unit
Posted: April 30th, 2008, 1:48pm EDT by By TIM ARANGO
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The announcement, which was not unexpected, came as Time Warner reported quarterly earnings that were largely in line with Wall Street’s expectations. -
H.P. Unveils New Memory Technology
Posted: April 30th, 2008, 1:10pm EDT by By JOHN MARKOFF
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A device, called a memristor, is an electrical resistor with memory properties. The technology could eventually build very dense chips that go beyond DRAM and use much less power. -
Jones Apparel Profit Falls
Posted: April 30th, 2008, 12:48pm EDT by By REUTERS
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The clothing and shoe company, hurt in the first quarter by one-time items and the weak retail environment, also cut its 2008 outlook. The results, however, beat analysts’ estimates. -
G.M. Posts $3.3 Billion Loss
Posted: April 30th, 2008, 12:38pm EDT by By NICK BUNKLEY
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The results are likely to raise questions about the viability of G.M.’s turnaround, particularly after its cross-town rival, Ford, reported a profit last week. -
OfficeMax Profit Rises on Investment
Posted: April 30th, 2008, 12:36pm EDT by By THE ASSOCIATED PRESS
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The office supply retailer said first-quarter profit climbed 9 percent, helped by a gain from its investment in Boise Cascade. -
Siemens Reports Drop in Profit
Posted: April 30th, 2008, 12:31pm EDT by By THE ASSOCIATED PRESS
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The German conglomerate said that its second-quarter net profit slid 67 percent, weighed down by weaker performance in its major business projects. -
Kellogg’s Profit Falls, but Beats Expectations
Posted: April 30th, 2008, 12:30pm EDT by By THE ASSOCIATED PRESS
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GRAND RAPIDS, Mich. (AP) -- Kellogg says its profit rose 3.7 percent in the second quarter as a result of product innovation and raising prices to offset higher costs. The cereal and snack maker met Wall Street's expectations.
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International Paper Earnings Down Sharply
Posted: April 30th, 2008, 12:21pm EDT by By REUTERS
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The company missed Wall Street expectations as price increases failed to offset higher raw material costs and uncoated paper shipment volumes fell. -
Procter & Gamble Profit Up 8%
Posted: April 30th, 2008, 12:11pm EDT by By THE ASSOCIATED PRESS
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Price increases and cost controls helped offset higher commodity costs at the consumer products maker, which raised its full-year outlook, sending shares up. -
Alcatel-Lucent Posts Loss as Revenue Slips
Posted: April 30th, 2008, 11:20am EDT by By THE ASSOCIATED PRESS
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Scaling back its market forecast for 2008, the telecommunication equipment giant said it expected annual revenues to fall. -
Citigroup Sells $4.5 Billion in Shares
Posted: April 30th, 2008, 11:15am EDT by By ERIC DASH
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The sale of new common shares was another effort by the banking giant to shore up its balance sheet. The offering was priced at $25.27 a share. -
Interpublic Group Narrows Quarterly Loss
Posted: April 30th, 2008, 11:14am EDT by By REUTERS
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The advertising services company added clients as advertising spending held up despite the economic slowdown. -
IAC Quarterly Profit Falls
Posted: April 30th, 2008, 10:47am EDT by By REUTERS
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The Internet conglomerate said first-quarter net profit fell to $52.8 million, hurt by declines at its catalog business and a loss at its online mortgage site LendingTree. -
Corning Profit Triples on Demand for L.C.D. Screens
Posted: April 30th, 2008, 2:33am EDT by By THE ASSOCIATED PRESS
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The specialty glass maker said its first-quarter profit tripled to more than $1 billion on demand for glass used in flat-screen televisions and laptop computers. -
Life Stalls in Venezuela as Power Shuts Off
Posted: April 30th, 2008, 2:16am EDT by By SIMON ROMERO
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Government electricity officials gave different reasons for the blackout, which lasted more than two hours in parts of Caracas. -
Shortages Threaten Farmers’ Key Tool: Fertilizer
Posted: April 30th, 2008, 2:16am EDT by By KEITH BRADSHER and ANDREW MARTIN
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Shrinking grain stocks and an increasing appetite for meat have collided with a shortage of fertilizer. -
Federal Money in Health Care Plan From McCain
Posted: April 30th, 2008, 1:59am EDT by By MICHAEL COOPER and KEVIN SACK
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The senator called for the federal government to give money to states to help cover people who have been denied health insurance. -
Bush Says Pain From Economy Defies Easy Fix
Posted: April 30th, 2008, 1:57am EDT by By SHERYL GAY STOLBERG and DAVID M. HERSZENHORN
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President Bush accused the Democratic-controlled Congress of stalling on bills that would address pocketbook issues. -
Some Chinese Exporters Prefer Euros to Dollars
Posted: April 30th, 2008, 1:51am EDT by By KEITH BRADSHER
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Facing losses tied to a falling dollar and weakening American demand, some Chinese exporters are asking European customers to pay in euros. Others are trying to increase domestic sales. -
Federal Mortgage Plan Falls Short, Critics Say
Posted: April 30th, 2008, 1:44am EDT by By RACHEL L. SWARNS
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Statistics show that most people who have refinanced are homeowners who make their payments on time, not borrowers in crisis. -
The Road to a Jumbo Mortgage Was Supposed to Get Easier
Posted: April 30th, 2008, 1:41am EDT by By MATT RICHTEL
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The effort to make it easier to get loans over $417,000 has yielded frustration, with many saying the loans are not available or the rates are far higher than they expected. -
Patent Law Battle a Boon to Lobbyists
Posted: April 30th, 2008, 1:33am EDT by By ROBERT PEAR
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In 15 months, two dueling business coalitions have spent $4.3 million lobbying on legislation that calls for the biggest changes in United States patent law in more than 50 years. -
Record Profits Reported for BP and Shell
Posted: April 30th, 2008, 1:29am EDT by By JULIA WERDIGIER
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Royal Dutch Shell and BP’s record first-quarter profits, beat analysts’ expectations and prompted share gains across the industry. -
I.B.M. Raises Dividend
Posted: April 30th, 2008, 1:26am EDT by By THE ASSOCIATED PRESS
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I.B.M. increased its dividend payout 25 percent on Tuesday, reflecting the company’s confidence that it can thrive even in an uncertain economy. -
Investors Cautious Before Rate Decision
Posted: April 30th, 2008, 1:26am EDT by By THE ASSOCIATED PRESS
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Wall Street turned in a mixed performance Tuesday as investors traded cautiously ahead of the Federal Reserve’s decision on Wednesday on interest rates. -
Deutsche Bank Posts Quarterly Loss, Evidence of the Reach of the Financial Crisis
Posted: April 30th, 2008, 1:25am EDT by By MARK LANDLER
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The bank, which had won praise in financial circles for seeming to weather the credit storm better than most of its peers, reported a $395 million first-quarter loss. -
Drug From Genentech and Biogen Fails as a Lupus Treatment
Posted: April 30th, 2008, 1:24am EDT by By ANDREW POLLACK
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The companies said that their drug Rituxan did not achieve any of seven measures of effectiveness in a late-stage patient trial. -
Race Is on to Advance Software for Chips
Posted: April 30th, 2008, 1:24am EDT by By JOHN MARKOFF
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Three rival teams of computer researchers are working on new types of software needed to better use computer chips that can process many tasks at the same time. -
Lord & Taylor Considers Stores Outside U.S.
Posted: April 30th, 2008, 1:23am EDT by By MICHAEL BARBARO
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The quintessentially American department store is weighing opening stores outside the United States, possibly in Mexico and Canada, its chairman said. -
Square Feet: With Books as a Catalyst, Minneapolis Neighborhood Revives
Posted: April 30th, 2008, 1:23am EDT by By LISA CHAMBERLAIN
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Three nonprofit groups opened Open Book, a literary and arts center, in May 2000, and a neighborhood renaissance flowered. -
Square Feet: Pushcarts Give Way to High-End, High-Rent Boutiques
Posted: April 30th, 2008, 1:22am EDT by By CLAIRE WILSON
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On Manhattan’s Lower East Side, rent increases of 40 percent are common as long leases end and buildings change ownership after years in the same family. -
Advertising: Telling the Heavyweights They Have to Be Agile
Posted: April 30th, 2008, 1:20am EDT by By STUART ELLIOTT
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As the advertising industry confronts profound changes in media and technology, agency leaders were given a dose of tough love at their annual conference. -
Cox Enterprises to Acquire Adify, an Ad Tech Firm
Posted: April 30th, 2008, 1:20am EDT by By STEPHANIE CLIFFORD
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The media company, which has holdings in newspapers, radio and television, said it would pay $300 million in cash for the advertising technology company Adify. -
Confidence Falls as Home Prices Decline
Posted: April 30th, 2008, 1:19am EDT by By MICHAEL M. GRYNBAUM
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Americans’ confidence in the economy plunged again this month, and their homes lost value at the fastest rate in two decades, according to two reports released on Tuesday. -
Jury in Wiretap Case Told That Defendant Is a ‘Thug’
Posted: April 30th, 2008, 1:18am EDT by By DAVID M. HALBFINGER
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Prosecutors told jurors that Anthony Pellicano was a “very well-paid thug” who used wiretaps and crooked police officers to dig up dirt for his celebrity clients. -
Countrywide Says It Lost $893 Million in Quarter
Posted: April 30th, 2008, 1:18am EDT by By THE ASSOCIATED PRESS
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It was the third consecutive quarterly loss for the nation’s largest mortgage lender and servicer. -
Television Segment Helps CBS Beat Forecast
Posted: April 30th, 2008, 1:17am EDT by By TIM ARANGO
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CBS said its television profit rose 15 percent, to $402 million, in part because of lower production costs during the strike by the Writers Guild of America. -
Committee Criticizes Move at Journal
Posted: April 30th, 2008, 1:17am EDT by By RICHARD PÉREZ-PEÑA
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The ouster of The Wall Street Journal’s top editor last week did not live up to the conditions that the News Corporation agreed to when it bought the paper, an oversight committee said. -
Citigroup to Sell $3 Billion in Stock
Posted: April 30th, 2008, 1:15am EDT by By ERIC DASH
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Citigroup Inc., the banking giant, said that it planned to sell $3 billion of common stock to bolster its capital levels. -
A New Wave of Vilifying Short Sellers
Posted: April 30th, 2008, 1:14am EDT by By JENNY ANDERSON
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Short sellers are drawing fire once again, being accused of spreading rumors, persecuting companies and unsettling entire economies. -
Belo Posts Loss After Spinning Off Newspapers
Posted: April 30th, 2008, 12:50am EDT by By THE ASSOCIATED PRESS
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The television station and cable company, reported a loss on Tuesday for the first quarter after accounting for the spinoff of four newspapers. -
Foreign DVD Sales Bolster DreamWorks’ Profit
Posted: April 30th, 2008, 12:29am EDT by By BROOKS BARNES
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Foreign DVD sales of “Shrek the Third” were stronger than anticipated, helping DreamWorks report a 69 percent increase in quarterly profit. -
Martha Stewart Living Narrows Its Loss
Posted: April 30th, 2008, 12:14am EDT by By REUTERS
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Martha Stewart Living Omnimedia reported a net loss of $4.2 million, compared with a loss of $11.9 million a year earlier, helped by higher advertising sales at its magazine. -
U.S. Steel Earnings Fall Despite Higher Sales
Posted: April 30th, 2008, 12:01am EDT by By THE ASSOCIATED PRESS
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The company’s sales rose to $5.2 billion from $3.76 billion, helped by gains in the company’s flat-rolled steel business in North America. -
Waste Management’s Profit Rises on Price Increases
Posted: April 29th, 2008, 11:59pm EDT by By REUTERS
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The trash hauler’s profit rose to $241 million, or 48 cents a share, from $238 million, or 45 cents a share, a year earlier. -
Daimler’s Profit Falls by a Third, but Sales Are Up Slightly
Posted: April 29th, 2008, 11:18pm EDT by By THE ASSOCIATED PRESS
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The company earned 1.3 billion euros ($2.03 billion), down from 1.9 billion euros in the comparable period a year earlier. -
High Demand for Corn Helps Lift A.D.M. Profit 42%
Posted: April 29th, 2008, 11:16pm EDT by By THE ASSOCIATED PRESS
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The Archer Daniels Midland Company reported a 42 percent increase in third-quarter profit, benefiting from volatile commodity prices and heavy demand for corn. -
Latin American Sales Bolster Avon’s Results
Posted: April 29th, 2008, 11:15pm EDT by By THE ASSOCIATED PRESS
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Avon Products said its first-quarter profit rose 23 percent as international sales, particularly in Latin America, offset declining North American revenue. -
MasterCard Profits as Plastic Gets More Popular Overseas
Posted: April 29th, 2008, 11:15pm EDT by By THE ASSOCIATED PRESS
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The company said it earned $446.9 million, or $3.38 a share, for the January-to-March period, up from $214.9 million, or $1.57 a share, in the period last year. -
Phone Lines Decline, but Embarq’s Profit Is Up
Posted: April 29th, 2008, 8:50pm EDT by By REUTERS
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The phone service provider said its quarterly operating revenue fell to $1.57 billion, from $1.59 billion a year ago, while access lines decreased 7.3 percent. -
3 Candidates With 3 Financial Plans, but One Deficit
Posted: April 27th, 2008, 9:13am EDT by By LARRY ROHTER and MICHAEL COOPER
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The fiscal plans of both parties’ candidates could significantly swell the budget deficit and increase the national debt by trillions, experts say. -
Recession Diet Just One Way to Tighten Belt
Posted: April 27th, 2008, 8:46am EDT by By MICHAEL BARBARO and ERIC DASH
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Americans are finding creative ways to cut costs on routine items, forcing retailers to decode the tastes of a suddenly thrifty public. -
Eos Airlines to Stop Flying by Monday
Posted: April 27th, 2008, 2:42am EDT by By THE ASSOCIATED PRESS
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Eos Airlines, an all-business-class carrier that flies between Kennedy International Airport and London, said that it had filed for Chapter 11 bankruptcy. -
Where Was the Wise Man?
Posted: April 27th, 2008, 2:00am EDT by By NELSON D. SCHWARTZ and ERIC DASH
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Robert E. Rubin mainly serves as Citigroup’s consigliere, but some still fault him for losses in the credit crisis. -
Square Feet | Ventures: Repositories for Rich Returns
Posted: April 26th, 2008, 11:37pm EDT by By VIVIAN MARINO
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Why is self-storage suddenly in favor? Some investors believe that these dividend-paying companies will benefit from the housing crisis. -
Under New Management: When the Share Price Is a Factor in Pay
Posted: April 26th, 2008, 11:36pm EDT by By KELLEY HOLLAND
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This year, stock-based pay — and the piles of company shares that many employees have accumulated as a result — is looking unappealing. -
The Boss: Teachable Moments
Posted: April 26th, 2008, 11:36pm EDT by By CARL T. CAMDEN; As told to AMY ZIPKIN
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In business you learn at a faster rate than in academia, and there’s a lack of bureaucracy and better pay. -
A Week Ends Almost Where It Started
Posted: April 26th, 2008, 11:35pm EDT by By MARV SALTER
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Oil prices cast a pall over Wall Street last week, leaving the major indexes with only modest gains despite good first-quarter reports by several notables. -
Fundamentally: A Market That Dashes Assumptions
Posted: April 26th, 2008, 11:35pm EDT by By PAUL J. LIM
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A growing school of thought says that stock markets are acting rationally. -
A Stalwart of Retirement Planning: The I.R.A.
Posted: April 26th, 2008, 11:34pm EDT by By J. ALEX TARQUINIO
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Financial experts say that one often-overlooked resource for retirement savings is the humble Individual Retirement Account. -
Economic View: Freer Trade Could Fill the World’s Rice Bowl
Posted: April 26th, 2008, 11:34pm EDT by By TYLER COWEN
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The damage that trade restrictions cause is probably most evident in the case of rice, which is the major foodstuff for about half of the world, but is highly regulated. -
Scene Stealer: Is Hollywood Warming to Its Favorite Villains?
Posted: April 26th, 2008, 11:32pm EDT by By MICHAEL CIEPLY
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“Speed Racer, ” which opens on May 9, conveys a grudging acknowledgment of the wonders that big business has managed to create — for all its wicked ways. -
Novelties: Lawyers Open Their File Cabinets for a Web Resource
Posted: April 26th, 2008, 11:27pm EDT by By ANNE EISENBERG
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Services are appearing on the Web that may make it easier for consumers to do their own preliminary homework on legal issues before seeking professional help. -
Prototype: Home Brew for the Car, Not the Beer Cup
Posted: April 26th, 2008, 11:25pm EDT by By MICHAEL FITZGERALD
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What if you could make fuel for your car in your backyard for less than you pay at the pump? Would you? -
Letter: FedEx’s Contractors
Posted: April 26th, 2008, 11:24pm EDT
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To the Editor:. -
Suits: Gift to the Mailroom, From the Boardroom
Posted: April 26th, 2008, 11:23pm EDT
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Alan C. Greenberg, board member of Bear Stearns, is planning to give $360,000 to some of the bank’s lowest-paid workers. -
Letter: The Clients’ Interests
Posted: April 26th, 2008, 11:22pm EDT
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To the Editor:. -
Letter: Outsourcing Research
Posted: April 26th, 2008, 11:22pm EDT
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To the Editor:. -
Count: M.B.A. Students: They’re Not All Business
Posted: April 26th, 2008, 11:21pm EDT by By PHYLLIS KORKKI
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Corporate recruiters take note: money isn’t everything. -
Everybody’s Business: Wall Street, Run Amok
Posted: April 26th, 2008, 11:19pm EDT by By BEN STEIN
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How did all of the mechanisms operated by the mind-bogglingly well-paid men and women of the Street go so wrong? -
BlackBerry’s Quest: Fend Off the iPhone
Posted: April 26th, 2008, 11:11pm EDT by By BRAD STONE
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Since the iPhone went on sale last summer, the contours of the smartphone market have begun to shift rapidly toward consumers. -
John McConnell, Steel Magnate and N.H.L. Owner, Is Dead at 84
Posted: April 26th, 2008, 9:57pm EDT by By JAD MOUAWAD
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Mr. McConnell was a self-made steel magnate and sports enthusiast who borrowed $600 against his car to establish what became a multibillion-dollar company. -
Home Front: Help for Those Seeking a Job and a Home
Posted: April 26th, 2008, 5:57pm EDT by By JOSEPH P. FRIED
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Many of those attending an employment assistance program of the Praxis Housing Initiatives need to work on elementary job-seeking skills before they enter the work force. -
Letter: Why the Income Gap?
Posted: April 26th, 2008, 3:38pm EDT
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To the Editor:. -
Stocks & Bonds: Stocks Mostly Up as Investors Overcome Economic Worries
Posted: April 26th, 2008, 2:21am EDT by By THE ASSOCIATED PRESS
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The Dow ended its second straight winning week with a moderate advance Friday, as investors put aside concerns about consumer confidence and inflation. Broader stock indicators were mixed. -
What's Offline: Getting Service Right
Posted: April 26th, 2008, 2:21am EDT by By PAUL B. BROWN
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In The Harvard Business Review, a business professor writes about the four critical factors a service business must address to flourish. -
Your Money: For Many, Thrift Shops Are a Wardrobe Essential
Posted: April 26th, 2008, 12:49am EDT by By CAITLIN KELLY
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As the prices of gasoline and groceries edge higher and debt weighs more heavily, saving money on clothes, shoes and household goods has become increasingly essential for many people. -
A Witness Startles Court in Pellicano Trial
Posted: April 26th, 2008, 12:47am EDT by By DAVID M. HALBFINGER
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The 11th-hour surprise in the Hollywood wiretapping trial resulting in the jury being sent home abruptly on Friday. -
Confidence Falls to Lowest Level in 26 Years
Posted: April 26th, 2008, 12:44am EDT by By BLOOMBERG NEWS
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American consumer confidence fell to a 26-year low in April, more than forecast, as unemployment rose and fuel prices hit records. -
Market Values: Blockbuster Faces the Critics
Posted: April 26th, 2008, 12:44am EDT by By CONRAD de AENLLE
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Many agree that Blockbuster needs a change in order to beef up profits, but few agree with its proposal to acquire the consumer electronics retailer Circuit City. -
Shortcuts: Pick a Planner Who Can Spell ‘Fiduciary’
Posted: April 26th, 2008, 12:42am EDT by By ALINA TUGEND
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In looking for a financial adviser, one thing to ask is if they have fiduciary duty, which means they will have to put your interests ahead of theirs at all times when providing investment advice. -
What’s Online: When the Smoke Cleared
Posted: April 26th, 2008, 12:40am EDT by By DAN MITCHELL
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Should employers have the right to punish workers who smoke when they are not working? -
U.S. Asks for Cholesterol Drug Data
Posted: April 26th, 2008, 12:39am EDT by By REUTERS
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Isis Pharmaceuticals will delay submitting final results from a late-stage study of its cholesterol drug after U.S. health regulators asked for additional cancer-related data from two preclinical trials. -
Scanner to Find Fatty Deposits in Vessels Is Approved
Posted: April 26th, 2008, 12:38am EDT by By BARNABY J. FEDER
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Federal regulators have approved the sale of a new laser scanning system intended to locate fatty deposits in blood vessel walls that are thought to cause heart attacks. -
Société Générale’s Rogue Trader Finds a New Job
Posted: April 26th, 2008, 12:38am EDT by By NICOLA CLARK
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Jérôme Kerviel, the Société Générale trader who used his knowledge of the bank’s electronic risk controls to conceal billions in unauthorized bets, has a new job — at a computer consulting firm. -
Off the Charts: New Homes Turning Old as the Inventory Piles Up
Posted: April 26th, 2008, 12:36am EDT by By FLOYD NORRIS
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The results are all the more troubling because the period of March through May is usually the strongest for the sale of new homes. -
Continental and United Said to Be Closer to a Merger
Posted: April 26th, 2008, 12:34am EDT by By MICHELINE MAYNARD
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United Airlines and Continental Airlines would like to wrap up a deal by the end of next week, people with direct knowledge of the discussions said Friday. -
Big Fine Set for Wachovia to End Case
Posted: April 26th, 2008, 12:33am EDT by By CHARLES DUHIGG
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The settlement ends a federal investigation into accusations that the bank allowed telemarketers to use its accounts to steal millions of dollars from unsuspecting victims. -
At Trade Show, China’s Police Shop for the West’s Latest
Posted: April 26th, 2008, 12:32am EDT by By KEITH BRADSHER
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In China, the world’s fastest-growing market for security and crime-control equipment, it is business as usual between Western multinationals and Chinese police agencies. -
Talking Business: Horatio Alger Multiplied by 1.3 Billion
Posted: April 26th, 2008, 12:30am EDT by By JOE NOCERA
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You hear constantly that China is a country of young people, but you really see it in business, where a whole generation of young entrepreneurs has gone from rags to riches. -
The Food Chain: Movable Feast Carries a Pollution Price Tag
Posted: April 26th, 2008, 12:29am EDT by By ELISABETH ROSENTHAL
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Never has food moved around the world at the speed or in the amounts it has over the last few years. Now, many say it is time to make shippers and shoppers pay for the resulting pollution. -
Making Ships Green, in Port and at Sea
Posted: April 26th, 2008, 12:25am EDT by By JAMES KANTER
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The shipping industry has made little progress toward becoming greener, with the most resistance coming less from the shipping industry than from the big oil companies that supply the dirty fuel. -
Zuckerman Matches Murdoch’s Bid for Newsday
Posted: April 26th, 2008, 12:23am EDT by By TIM ARANGO
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Mortimer B. Zuckerman, the owner of The Daily News, will make the argument that his bid is more attractive because it does not have the potential to fall into regulatory limbo. -
Business Briefing | Earnings: Ericsson Earnings Drop, but Not as Much as Expected
Posted: April 26th, 2008, 12:23am EDT by By THE ASSOCIATED PRESS
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Shares in the wireless equipment maker Ericsson surged after the Swedish company surprised investors with better-than-expected results in the first quarter despite a 55 percent drop in earnings. -
Business Briefing | Earnings: Goodyear’s Profit Beats Expectations
Posted: April 26th, 2008, 12:22am EDT by By REUTERS
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The Goodyear Tire and Rubber Company posted a stronger-than-expected quarterly profit, driven by price increases, the sale of more expensive tires and favorable foreign exchange rates. -
Business Briefing | Earnings: Japanese Securities Firm Posts Loss on Subprime Debt
Posted: April 26th, 2008, 12:22am EDT by By THE ASSOCIATED PRESS
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Nomura Holdings, Japan’s largest securities business group, posted a net loss of $1.48 billion Friday for the January-March quarter, largely because of ties to bad United States debt. -
Business Briefing | Health Care: F.D.A. Panel Urges More Data on Laser Vision Surgery
Posted: April 26th, 2008, 12:21am EDT by By DOW JONES
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After hearing testimony from patients whose vision was impaired by laser surgery, a Food and Drug Administration panel said Friday that the agency should do a better job informing patients of the surgery’s risks. -
Business Briefing | Finance: Top Mortgage Executive Is Leaving Goldman Sachs
Posted: April 26th, 2008, 12:21am EDT by By BLOOMBERG NEWS
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Daniel L. Sparks, head of Goldman Sachs’s mortgage division, is leaving after a successful bet on the declining value of subprime home loans helped the company produce record earnings last year. -
Most Popular: Most Popular Business News Articles on NYTimes.com
Posted: April 25th, 2008, 11:17pm EDT
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Most popular business news articles on NYTimes.com from April 18 through April 25. -
Triple-A Failure
Posted: April 24th, 2008, 4:52pm EDT by By ROGER LOWENSTEIN
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How Moody’s and other credit-rating agencies licensed the abuses that created the housing bubble — and bust. -
the food chain: New Threat to Farmers: The Market Hedge
Posted: April 21st, 2008, 4:15pm EDT by By DIANA B. HENRIQUES
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Wild swings in crop futures are damaging mechanisms that are supposed to cushion the jolts of farming, turning farmers into day-traders. -
Oil and Gasoline Prices Continue Their Climb
Posted: April 21st, 2008, 4:13pm EDT by By JAD MOUAWAD
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Oil jumped to a record, and gasoline prices rose above $3.50 a gallon for the first time across the nation. -
Airlines to Begin Charging for a Second Bag
Posted: April 21st, 2008, 4:09pm EDT by By MARTHA C. WHITE
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Five of the six major airlines in the United States plan to start charging coach passengers as much as $25 next month to check a second bag, in their latest move to offset high fuel prices. -
Bank of America Braces for Consumer Loan Loss
Posted: April 21st, 2008, 4:03pm EDT by By ERIC DASH
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The bank announced nearly $2 billion in write-downs and a 77 percent decline in profits for the first quarter. -
Some Banks Rethink Investments as Money Tightens
Posted: April 21st, 2008, 3:50pm EDT by By HEATHER TIMMONS
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As Bank of America considers lowering its 9 percent stake in China Construction Bank, other bankers are starting to ask whether suffering Western banks will be forced to sell their Asian assets. -
Bank of England Outlines Its Bailout Plan
Posted: April 21st, 2008, 2:46pm EDT by By DAVID JOLLY and CARTER DOUGHERTY
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The central bank said that it would allow banks to swap mortgage-backed securities valued at about $100 billion for government bonds in a bid to restore calm to financial markets. -
A Volatile Election Campaign All in One Place
Posted: April 21st, 2008, 2:25pm EDT by By BRIAN STELTER
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The Page, a concise collection of up-to-the-minute political news, has managed to break through the clutter, also attracting campaign strategists, pollsters and analysts. -
Halliburton Profit Up on Higher Global Sales
Posted: April 21st, 2008, 2:21pm EDT by By THE ASSOCIATED PRESS
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HOUSTON (AP) -- Halliburton on Monday posted a $21 million third-quarter loss due largely to a big debt repayment, but the oilfield services company did booming business and its top executive maintained a positive outlook in the face of the global economic slowdown.
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UBS Faults Blind Ambition for Subprime Miscues
Posted: April 21st, 2008, 2:14pm EDT by By UTA HARNISCHFEGER
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The Swiss banking giant conceded in a report that a blind drive for revenue led it to take more risks than it should have. -
Merck Profit Jumps on Gain
Posted: April 21st, 2008, 1:44pm EDT by By THE ASSOCIATED PRESS
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Excluding the $1.4 billion gain from a partner drug company, Merck beat forecasts as sales edged up despite new generic competition and problems related to its Vytorin drug. -
Gannett Earnings Fall 9% on Ad Slump
Posted: April 21st, 2008, 11:50am EDT by By THE ASSOCIATED PRESS
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Advertising from Gannett’s publishing units, which constitutes the bulk of revenue, fell to $1.1 billion from $1.2 billion in the first quarter as the economy weakened. -
New Wii Games Find a Big (but Stingy) Audience
Posted: April 21st, 2008, 11:13am EDT by By JEFF MUSKUS
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Marketing its Wii video-game system at a lower price than competitors, Nintendo has caught a wider net of potential customers, but game sales have also been slower with this softer audience. -
In Lean Times, Biotech Grains Are Less Taboo
Posted: April 21st, 2008, 11:00am EDT by By ANDREW POLLACK
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Governments, consumers and food companies are feeling pressures to relax resistance to genetically engineered crops. -
Tension Over Sports Blogging
Posted: April 21st, 2008, 10:29am EDT by By TIM ARANGO
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Tension over sports blogging is one of the strains between sports franchises, leagues and reporters to have emerged during the digital age. -
Hasbro Profit Up 14% on Strong Sales
Posted: April 21st, 2008, 10:28am EDT by By THE ASSOCIATED PRESS
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Sales of Star Wars, Playskool and Nerf toys helped lift third-quarter profit and sales above Wall Street expectations.
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Mattel Posts Loss as Fisher-Price Sales Slip
Posted: April 21st, 2008, 10:21am EDT by By REUTERS
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The largest U.S. toy company was hurt by lower sales of its Fisher-Price products, legal expenses and higher costs related to last year’s global recalls. -
Eli Lilly Profit Doubles on Higher Sales
Posted: April 21st, 2008, 10:00am EDT by By THE ASSOCIATED PRESS
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The drugmaker posted a loss of $465.6 in the third quarter on a charge of almost $1.5 billion for an expected settlement of investigations into the marketing of its top-selling drug, Zyprexa.
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Beijing Pressures Automakers to Improve Efficiency
Posted: April 21st, 2008, 5:22am EDT by By KEITH BRADSHER
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The shift of the Chinese market toward larger vehicles will probably push up the country’s already voracious demand for oil and make it an even bigger emitter of global warming gases. -
The Media Equation: In Politics, the Gaffe Goes Viral
Posted: April 21st, 2008, 2:31am EDT by By DAVID CARR
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Political gaffes have now entered a supercharged ecosystem of cable, bloggers and digitally enabled mainstream media outlets. Indeed nothing is more viral than a screw-up. -
Web Metrics and Grains of Salt
Posted: April 21st, 2008, 1:35am EDT by By BRIAN STELTER
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Higher than expected earnings at Google have hurt the stock of measurement firm comScore, which had reported a slowdown in paid clicks on the Web giant’s sites. -
EADS Unit to Own 3 Airbus Plants
Posted: April 21st, 2008, 1:35am EDT by By THE ASSOCIATED PRESS
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The plane maker Airbus still intends to sell three manufacturing plants in Germany, but they will be taken over until their sale by a new holding owned by EADS. -
People Editor Returns as Writer
Posted: April 21st, 2008, 1:34am EDT by By LIA MILLER
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Richard B. Stolley, the former editor of People, at age 79 has being contributing a few short features to the magazine. -
Liberal’s Foes Tax His Stoic Sense
Posted: April 21st, 2008, 1:33am EDT by By BRIAN STELTER
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Alan Colmes, the left-leaning voice on the Fox News Channel’s “Hannity & Colmes,” stands out for publishing a smattering of e-mail messages, and responses, every week on his personal blog. -
Snippets of Debate Abounded Despite ABC’s Ground Rules
Posted: April 21st, 2008, 1:32am EDT by By BRIAN STELTER
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Restrictions set up by ABC in the use of clips from Wednesday’s presidential candidate debates were mostly ignored by cable channels. -
Success Overcomes Qualms in E.A.’s Iraq-Themed Game
Posted: April 21st, 2008, 1:31am EDT by By STEPHANIE CLIFFORD
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A marketing campaign playing on the controversy without being explicit made a new video game themed around military contractors in Iraq and Afghanistan a success. -
Looking Ahead: The Week’s Major Economic Reports
Posted: April 21st, 2008, 1:31am EDT
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ECONOMIC REPORTS It is a slow week for economic news, though there will be updates on the housing market with reports on existing home sales for March on Tuesday and new-home sales for March on Thursday. -
NBC News to Help Teach Tools of Digital Reporting
Posted: April 21st, 2008, 1:29am EDT by By ELIZABETH JENSEN
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A crying need for training in digital technologies is one of the motivating forces for NBC’s new business venture, a partnership with the New York Film Academy. -
Drilling Down: Staying in the Orbit of Satellite Radio
Posted: April 21st, 2008, 1:29am EDT by By ALEX MINDLIN
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Customer behavior toward keeping up satellite-radio subscriptions depends on whether they have sought out the service or received it as a promotion. -
Today in Business
Posted: April 21st, 2008, 1:27am EDT
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A NEW CHANNEL The sibling rivalry that is Sumner Redstone’s media empire turned fractious on Sunday, as Viacom’s Paramount Pictures movie studio said it would start its own premium television channel, ending a longstanding relationship in which it sold its movies to CBS’s Showtime. -
Finances Frail, Le Monde Contemplates the Unthinkable
Posted: April 21st, 2008, 1:26am EDT by By DOREEN CARVAJAL
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The highly regarded but unprofitable French daily Le Monde is looking at laying off almost a quarter of its staff, a move likened to cutting off a limb to save a life. -
Treasury Auctions Set for This Week
Posted: April 21st, 2008, 1:26am EDT
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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. -
Advertising: Sending in the Marines (to Recruit Women)
Posted: April 21st, 2008, 1:25am EDT by By DOUGLAS QUENQUA
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Faced with the difficulty of recruiting during a long and unpopular war, the United States Marine Corps has started marketing itself to women in a concerted way for the first time. -
Paramount Ready to End Movie Sales to Showtime
Posted: April 21st, 2008, 1:24am EDT by By TIM ARANGO
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Viacom’s Paramount Pictures announced it would start its own premium television channel, along with MGM and Lionsgate. -
A Web Shift in the Way Advertisers Seek Clicks
Posted: April 21st, 2008, 1:24am EDT by By STEPHANIE CLIFFORD
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So far, the threat of a recession has not slowed the migration of ad dollars to the Internet, but the slowing economy might be changing where those dollars are being spent. -
Selling Chat on Fox, and a Sex-Enhancing Potion on the Side
Posted: April 21st, 2008, 1:23am EDT by By BROOKS BARNES
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By day, John C. Layfield is an investment banker and professional pontificator for Fox Business Network. By night, he peddles a love potion. -
Accounts, People, Miscellany
Posted: April 20th, 2008, 5:47pm EDT
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Accounts. -
Off the Shelf: Some Mutual Fund Numbers Look Great, but for Whom?
Posted: April 20th, 2008, 2:51am EDT by By HARRY HURT III
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The public stock markets are in the throes of one of the biggest and most egregious financial scandals in modern history, according to author Louis Lowenstein’s new book. -
Travel Bug: Lodgers Look to Walk the Eco-Talk
Posted: April 20th, 2008, 2:46am EDT by By JOE SHARKEY
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Hoteliers, customers and suppliers are talking energetically about how to achieve better environmental practices. -
The Count: Can a Coupon Live Inside a Cellphone?
Posted: April 20th, 2008, 2:45am EDT by By PHYLLIS KORKKI
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Is a coupon still a coupon if you can’t clip ’n’ save it? -
Suits: As Crocs Departs, Quebec Turns Bitter
Posted: April 20th, 2008, 2:44am EDT
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The harshest criticism Ron Snyder used to face as president of Crocs was that his company’s plastic clogs were an insult to traditional fashion sense. -
Preoccupations: An Ocean Apart, Bridged by Forklift
Posted: April 20th, 2008, 2:37am EDT by By CLARK SIMPSON
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Our counterparts at our office in Korea never hold side conversations in meetings as we do here. They’re too polite. They’re terrific hosts as well. -
Square Feet | Spotlight: Fashioning Skylines, Not a Personality Cult
Posted: April 20th, 2008, 2:36am EDT by By AMY CORTESE
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Kohn Pedersen Fox Associates does not have a celebrity architect at its helm, though it does have 16 globe-trotting principals. -
Career Couch: The Economy Changes, So Change With It
Posted: April 20th, 2008, 2:35am EDT by By PHYLLIS KORKKI
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During a downturn, you may need to work harder and longer to find a job, and be more flexible and creative in assessing your options. -
The Boss: Tea and Sympathy
Posted: April 20th, 2008, 2:34am EDT by By ANTHONY VIDERGAUZ; As told to EVE TAHMINCIOGLU.
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My dad’s incredible way with people is unforgettable. Once he managed to convince an armed robber that it was not in his interest to shoot him and sat him down for tea. -
DataBank: Earnings Led Rally Despite Write-Downs
Posted: April 20th, 2008, 2:33am EDT by By JEFF SOMMER
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Wall Street banks took further multibillion-dollar write-downs last week. -
At the End of a Winning Streak, a Painful Reckoning
Posted: April 20th, 2008, 2:33am EDT by By NORM ALSTER
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When a company manages to beat Wall Street’s earnings estimates regularly, it often attracts a following that counts on it for a spike in share price every three months. -
Ping: How Scientific Gains Abroad Pay Off in the U.S.
Posted: April 20th, 2008, 2:33am EDT by By G. PASCAL ZACHARY
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At a time of economic belt-tightening, might cheap science from low-wage countries help keep American innovators humming? -
Digital Domain: Struggling to Evade the E-Mail Tsunami
Posted: April 20th, 2008, 2:32am EDT by By RANDALL STROSS
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E-mail has become the bane of some people’s professional lives. -
A Star at Toyota, a Believer at Ford
Posted: April 20th, 2008, 2:31am EDT by By BILL VLASIC
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James D. Farley, Ford’s chief marketing officer, says he grasps that Ford is at a crossroads and that it has been on a tortured path over the last decade. -
Working Life (High and Low)
Posted: April 20th, 2008, 2:24am EDT by By STEVEN GREENHOUSE
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Jean Capobianco’s employer embraced a controversial strategy insisting that she and other staff were independent contractors, not employees. -
Fair Game: Piling On: Borrowers Buried by Fees
Posted: April 20th, 2008, 2:20am EDT by By GRETCHEN MORGENSON
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A handful of public-minded bankruptcy court judges are exposing the questionable practices of the mortgage servicing business. -
The Nation: The Wage That Meant Middle Class
Posted: April 20th, 2008, 1:48am EDT by By LOUIS UCHITELLE
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$20 an hour has a special place in labor history. And history is mostly what it is. -
Letters
Posted: April 19th, 2008, 5:58pm EDT
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Hidden From View. -
Strategies: The Odds for a Retirement Nest Egg, Recalculated
Posted: April 19th, 2008, 5:02pm EDT by By MARK HULBERT
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Though it may go against conventional wisdom, you can simply pick an allocation of stocks and bonds that you can live with for a long while and stick with it. -
Economic View: The Wealth Trajectory: Rewards for the Few
Posted: April 19th, 2008, 4:38pm EDT by By N. GREGORY MANKIW
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If there is one thing about the United States economy in recent years that is beyond dispute, it is this: It’s a great time to be rich. -
Airline Faults Shifting Rules About Safety
Posted: April 19th, 2008, 8:28am EDT by By MATTHEW L. WALD
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The Federal Aviation Administration deserves much of the blame for canceled flights, American Airlines says. -
Bear Stearns’s New Hires Become Job Seekers
Posted: April 19th, 2008, 3:01am EDT by By LOUISE STORY
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Some students had job offers rescinded, leaving them to confront one of the worst financial job markets in years. -
Stocks & Bonds: Stocks Jump on Google and Citigroup Results
Posted: April 19th, 2008, 2:36am EDT by By THE ASSOCIATED PRESS
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Wall Street bounded higher as results from Citigroup and Google helped ease investor anxiety about the health of corporate profits. -
Caterpillar’s Profit Climbs on Strength of Foreign Sales
Posted: April 19th, 2008, 1:59am EDT by By THE ASSOCIATED PRESS
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The heavy equipment maker posted a 13 percent jump in first-quarter profits. -
Managers Among 4,650 Losing AT&T Jobs
Posted: April 19th, 2008, 1:58am EDT by By BLOOMBERG NEWS
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Most of the reductions apply to the local phone business, which lost 1.6 million residential lines last year as customers switched to cable and wireless phone service. -
Some See a Pause in the Fed’s Rate-Cutting
Posted: April 19th, 2008, 1:57am EDT by By BLOOMBERG NEWS
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Federal Reserve policy makers, sensing renewed inflation dangers and an economic boost from government rebate checks, may be nearing a pause in interest-rate cuts after the fastest reductions in two decades. -
Scandal to Cost Ex-Fannie Mae Officers Millions
Posted: April 19th, 2008, 1:57am EDT by By THE ASSOCIATED PRESS
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Franklin Raines and two other top Fannie Mae executives are paying a total of nearly $31.4 million in a settlement with the government over their roles in a 2004 accounting scandal. -
Cost Of Living: Cheaper, Yes, but Only on the Price
Posted: April 19th, 2008, 1:56am EDT by By M. P. DUNLEAVEY
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The experience of buying life insurance through an online agency can leave one to wonder whether it is worth the savings. -
What’s Offline: Don’t Stress Over Stress
Posted: April 19th, 2008, 1:49am EDT by By PAUL B. BROWN
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Advice to deal with work pressure, and other items. -
Executive Pursuits: Bartender, I’ll Have a Lesson in What You Do
Posted: April 19th, 2008, 1:48am EDT by By HARRY HURT III
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At my station inside the New York Bartending School, I knew at once that this was my kind of classroom. -
South Korea Will Lift Its Ban on American Beef
Posted: April 19th, 2008, 1:45am EDT by By CHOE SANG-HUN
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The decision ended a ban begun in 2003 over concerns about mad cow disease and removed a major dispute between the allies. -
Off the Charts: Except at Gas Pump, Not Much Spending Going On
Posted: April 19th, 2008, 1:45am EDT by By FLOYD NORRIS
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The strength in consumer sales, such as it was, was concentrated around Boston and New York, areas that, not coincidentally, attract many European tourists who enjoy strong currencies. -
Canada Takes Steps to Ban Most Plastic Baby Bottles
Posted: April 19th, 2008, 1:41am EDT by By IAN AUSTEN
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The move to ban polycarbonate infant bottles is the first action taken by any government against bisphenol-a, a chemical that has induced long-term changes in animals exposed to it. -
Xerox Reports a Loss, but Matches Expectations
Posted: April 19th, 2008, 1:40am EDT by By THE ASSOCIATED PRESS
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Xerox said Friday that a litigation charge left it with a loss of $244 million in the first quarter, but its results, excluding the one-time item, matched Wall Street expectations. -
Saturday Interview: When the Focus Is Expansion, Not Subprime Worries
Posted: April 19th, 2008, 1:39am EDT by By PATRICIA R. OLSEN
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Chief executive Thomas J. McInerney discussed industry mergers, ING’s promising acquisitions and how ING avoided the subprime mortgage pitfalls. -
Alliance Data Ends Deal for Its Takeover by Blackstone
Posted: April 19th, 2008, 1:37am EDT by By MICHAEL J. de la MERCED
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Alliance Data Systems, the credit card processor, sued the Blackstone Group in New York State court late Friday, accusing the private equity firm of breaching its agreement to buy the company for $6.4 billion. -
Citigroup Records a Loss and Plans 9,000 Layoffs
Posted: April 19th, 2008, 1:37am EDT by By ERIC DASH
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The results contained few surprises, and investors responded to the bank’s $5.1 billion loss by pushing markets sharply higher. -
Stephen Weiss Dies at 72; Banker and Cornell Benefactor
Posted: April 18th, 2008, 10:00pm EDT by By BRUCE WEBER
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Mr. Weiss made major gifts to Cornell, his alma mater, of both time and money, as chairman of the board of trustees from 1989 to 1997 and as a board member for 16 years before that. -
Frustrated Game Maker Extends Offer for a Rival
Posted: April 18th, 2008, 7:06pm EDT by By MATT RICHTEL
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As the original $2 billion offer expires, Take-Two’s board recommended that shareholders reject the renewed offer because it asserts that the bid is too low, and ill-timed. -
Canada Bans Plastic Bottles Tied to Health Concerns
Posted: April 18th, 2008, 7:03pm EDT by By IAN AUSTEN
Tags: [edit]
The move to ban polycarbonate infant bottles is the first action taken by any government against bisphenol-a, a chemical that has induced long-term changes in animals exposed to it. -
Your Money: Paying for College Without the Home Equity Option
Posted: April 18th, 2008, 6:39pm EDT by By M. P. DUNLEAVEY
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The turmoil in real estate has meant that home equity — often a fallback for college funds — is difficult to tap, forcing many parents to reconsider high-priced colleges. -
Paid to Control Drug Costs, Yet Pushing Some Prices Higher
Posted: April 18th, 2008, 6:26pm EDT by By MILT FREUDENHEIM
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A growing portion of some drug benefit managers’ revenue comes from being exclusive or semi-exclusive distributors of expensive specialty drugs. -
Honeywell Profit Rises on Increased Revenue
Posted: April 18th, 2008, 6:15pm EDT by By THE ASSOCIATED PRESS
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Higher sales, and contracts from Embraer, Gulfstream and Airbus, helped lift profit at the manufacturer. -
Europe Begins Testing In-Flight Use of Cellphones
Posted: April 18th, 2008, 5:33pm EDT by By STEPHEN CASTLE
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While airlines in the United States have shunned the use of cellphones in flight, some European and Mideast carriers are preparing to offer the service as early as this summer. -
F.D.A. Plan on Medical Articles Takes More Heat
Posted: April 18th, 2008, 5:17pm EDT by By STEPHANIE SAUL
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A report indicating that Merck used ghostwriters to produce articles in support of its drug Vioxx has galvanized opponents to a proposal that would relax some restrictions on drug promotion. -
Record Stores Fight to Be Long-Playing
Posted: April 18th, 2008, 5:07pm EDT by By BEN SISARIO
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Now added to the endangered species list in New York City: the neighborhood record store. But the survivors aren’t giving up just yet. -
Sticker Shock in the Organic Aisles
Posted: April 18th, 2008, 5:03pm EDT by By ANDREW MARTIN and KIM SEVERSON
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Rising prices for organic groceries are prompting some consumers to question their devotion to food produced without pesticides, chemical fertilizers or antibiotics. -
Iceland, a Tiny Dynamo, Loses Steam
Posted: April 18th, 2008, 5:01pm EDT by By MARK LANDLER
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Iceland’s long economic boom has ended in a painful bust, with a collapsing currency, rising inflation, double-digit interest rates and predictions of its first recession since 1992. -
Caterpillar Earnings Up 13%
Posted: April 18th, 2008, 5:00pm EDT by By THE ASSOCIATED PRESS
Tags: [edit]
Third-quarter profit slipped as the world’s largest maker of construction and mining equipment said higher raw material costs offset record global sales.
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Google Defies the Economy and Shows Profit Surge
Posted: April 18th, 2008, 5:00pm EDT by By MIGUEL HELFT
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The Internet search giant on Thursday reported better-than-expected financial results for the first three months of the year, igniting a huge rally in the company shares. -
AT&T to Cut About 4,600 Jobs
Posted: April 18th, 2008, 4:50pm EDT by By THE ASSOCIATED PRESS
Tags: [edit]
The telecom company said it will cut 1.5 percent of its work force, and plans to take a $374 million first-quarter charge against earnings due to the job cuts. -
Bad Weather Hurts Schlumberger Profit
Posted: April 18th, 2008, 4:40pm EDT by By THE ASSOCIATED PRESS
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Net income rose 14 percent from a year ago, but the oilfield services company missed the Wall Street forecast. -
Citigroup Records a Loss and Plans 9,000 Layoffs
Posted: April 18th, 2008, 4:38pm EDT by By ERIC DASH
Tags: [edit]
The results contained few surprises, and investors responded to the bank’s $5.1 billion loss by pushing markets sharply higher. -
Former Fannie Chief Agrees to Settlement
Posted: April 18th, 2008, 2:59pm EDT by By THE ASSOCIATED PRESS
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Franklin Raines and two other top Fannie Mae executives are paying a total of nearly $31.4 million in the settlement with the government over their roles in a 2004 accounting scandal. -
Advertising: Plum, the Color, Is Having Its Star Turn
Posted: April 18th, 2008, 2:22pm EDT by By STUART ELLIOTT
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Plum may become the new black for advertisers and media companies. -
South Korea to Resume Importing American Beef
Posted: April 18th, 2008, 1:16pm EDT by By CHOE SANG-HUN
Tags: [edit]
The country’s agreement to allow American beef imports, was an indication of the eagerness of President Lee Myung-bak to mend ties with Washington. -
Workers Get Fewer Hours, Deepening the Downturn
Posted: April 18th, 2008, 11:39am EDT by By PETER S. GOODMAN
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The shrinking of hours and pay for millions of workers appears to be a bigger contributor to the economic decline than the loss of jobs. -
Take-Two’s Managers Get a Raise
Posted: April 18th, 2008, 11:00am EDT by By MATT RICHTEL
Tags: [edit]
The managers’ raises were part of a compensation package that would grow considerably should the video game company be acquired by Electronic Arts. -
Xerox Swings to Loss on Expected Charge
Posted: April 18th, 2008, 10:40am EDT by By THE ASSOCIATED PRESS
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The office equipment maker said a litigation charge left it with a loss of $244 million in the first quarter, but its results excluding the one-time item matched Wall Street expectations. -
Safeway Restricts Purchases of Chilean Salmon, Citing Fish Virus
Posted: April 18th, 2008, 3:11am EDT by By ALEXEI BARRIONUEVO
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A spokesperson for the supermarket chain said that the virus for infectious salmon anemia, which does not pose a risk to humans, was affecting the size and taste of the fish. -
High & Low Finance: Looking Up, but From a Deep Hole
Posted: April 18th, 2008, 2:45am EDT by By FLOYD NORRIS
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Since the big banks first realized last fall that their capital situations were perilous, more than $100 billion has been poured into them. -
Stocks & Bonds: A Mixed Finish a Day After a Big Rally
Posted: April 18th, 2008, 2:44am EDT by By THE ASSOCIATED PRESS
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Wall Street finished an erratic session mixed on Thursday after an uneven batch of earnings reports made investors cautious about buying stocks. -
House Passes Bill to Expand U.S. Loans for Students
Posted: April 18th, 2008, 2:28am EDT by By DAVID M. HERSZENHORN
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Students will now be able to borrow a total of $31,000 though federal programs to pay for undergraduate education. -
Jerry Zucker, Industrialist and Inventor, Is Dead at 58
Posted: April 18th, 2008, 2:11am EDT by By THE ASSOCIATED PRESS
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Mr. Zucker was a self-made billionaire who turned a small holding company into an empire that eventually bought the Hudson’s Bay Company of Canada. -
French Bank Replaces Chief After Rogue Trading Scandal
Posted: April 18th, 2008, 1:54am EDT by By NICOLA CLARK
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Société Générale said late Thursday that Daniel Bouton will be succeeded by Frédéric Oudea as a deputy chief executive. -
US Airways Pilots Replace Their Union
Posted: April 18th, 2008, 1:52am EDT by By JEFF BAILEY
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US Airways pilots ousted their union, replacing it with an insurgent group, which raised questions about the airline’s ability to merge operations after its 2005 merger with America West. -
Strike Over Local Issues Idles a Key G.M. Plant
Posted: April 18th, 2008, 1:45am EDT by By NICK BUNKLEY
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About 2,300 members of the U.A.W. union went on strike at a G.M. plant in Michigan, halting production of three popular vehicles that have been bright spots in a dismal market. -
Times Co. Records Small Loss for Quarter
Posted: April 18th, 2008, 1:43am EDT by By RICHARD PÉREZ-PEÑA
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The New York Times Company reported a $335,000 first-quarter loss on Thursday. -
Continental and Southwest Will Scale Back
Posted: April 18th, 2008, 1:43am EDT by By REUTERS
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Continental and Southwest, two of the healthiest major American carriers, said on Thursday that they would cut growth plans after record-high fuel costs led to disappointing quarterly earnings. -
JPMorgan Joins Rivals in Raising Extra Cash
Posted: April 18th, 2008, 1:42am EDT by By ERIC DASH
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Hours after reporting its worst results in years on Wednesday, JPMorgan Chase quietly disclosed plans to raise $6 billion in expensive debt. -
At Merrill, Write-Downs and More Layoffs
Posted: April 18th, 2008, 1:41am EDT by By LOUISE STORY
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John A. Thain, chairman and chief executive of Merrill Lynch, dialed onto a conference call with some of the bank’s 16,660 financial advisers to answer tough questions. -
Inquiries Into Auction-Rate Securities Widen
Posted: April 18th, 2008, 1:41am EDT by By VIKAS BAJAJ
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The attorney general of New York, Andrew M. Cuomo, has subpoenaed 18 banks that underwrote and brokered the investments. -
Chip Maker Reports Sixth Loss in a Row
Posted: April 18th, 2008, 1:40am EDT by By LAURIE J. FLYNN
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The chip maker Advanced Micro Devices posted its sixth consecutive quarterly loss on Thursday. -
Ex-Fannie Mae Executives Said to Be Near Settlement
Posted: April 18th, 2008, 1:40am EDT by By STEVE LOHR
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Federal regulators plan to announce on Friday a legal settlement with executives over their roles in an accounting scandal that surfaced in 2004. -
Britain Said to Consider Shoring Up Debt Market
Posted: April 18th, 2008, 1:38am EDT by By JULIA WERDIGIER
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The Bank of England and the British government are considering actions that would mirror steps taken by the United States Fed to restore liquidity to the money markets. -
Longtime Executive Steps Aside at Sony BMG
Posted: April 18th, 2008, 1:37am EDT by By JEFF LEEDS and ROBERT LEVINE
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In a shake-up that reflects the end of an era, Sony BMG Music said Thursday that the longtime industry executive Clive Davis would relinquish daily control of his label, the RCA Music Group. -
Samsung Chairman Faces Tax Charges
Posted: April 18th, 2008, 1:36am EDT by By CHOE SANG-HUN
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Lee Kun-hee was charged with evading taxes on billions of dollars he had hidden in accounts under other names. -
Linens ’n Things Is Shopping for a Buyer
Posted: April 18th, 2008, 12:19am EDT by By MICHAEL J. DE LA MERCED and MICHAEL BARBARO
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Linens ’n Things, the troubled housewares and bedding chain, has hired Financo, an investment bank specializing in retail companies. -
House Votes to Shore Up Student Loans
Posted: April 18th, 2008, 12:14am EDT by By THE ASSOCIATED PRESS
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The House has backed a measure aimed at ensuring that students get college loans amid the turmoil in the credit markets. -
Latest Economic Tea Leaves Point to Recession
Posted: April 17th, 2008, 11:37pm EDT by By THE ASSOCIATED PRESS
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Higher unemployment claims and weak readings from two economic indexes reinforced recession worries Thursday. -
Wall Street Winners Get Billion-Dollar Paydays
Posted: April 16th, 2008, 2:42am EDT by By JENNY ANDERSON
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Hedge fund managers are making money on a scale that once seemed unimaginable. One manager, John Paulson, reaped $3.7 billion in 2007. -
McCain Outlines Broad Proposals for U.S. Economy
Posted: April 16th, 2008, 2:35am EDT by By MICHAEL COOPER
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In the clearest view yet of his plans, the senator called for a series of tax cuts and backed away from a pledge to balance the budget by the end of his first term. -
Big Tax Breaks for Businesses in Housing Bill
Posted: April 16th, 2008, 2:18am EDT by By STEPHEN LABATON and DAVID M. HERSZENHORN
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Critics say the housing relief bill is adding up to a bailout for big businesses, as the legislation includes billions of dollars in tax breaks for automakers and airlines. -
Square Feet: New Ballpark in Washington Anchors an Area’s Revival
Posted: April 16th, 2008, 2:11am EDT by By EUGENE L. MEYER
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Many say the $611 million publicly financed stadium for the Washington Nationals has accelerated a striking change in a long-languishing area. -
Offices Put High Above the High Line
Posted: April 16th, 2008, 2:09am EDT by By STACEY STOWE
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In the trendy meatpacking district, an office tower used to be as rare a sighting as a fanny pack. But the area is starting to attract new corporate tenants. -
Guild Chief for Actors Is No Pacifist
Posted: April 16th, 2008, 1:57am EDT by By BROOKS BARNES
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Alan Rosenberg said Tuesday he remained angry enough over performer compensation levels to bring the entertainment industry to a halt again. -
J.&J. Results Are Sweetened by a Weak Dollar
Posted: April 16th, 2008, 1:51am EDT by By REUTERS
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Johnson & Johnson posted better-than-expected first-quarter earnings as the weak dollar offset plunging sales of medicines facing generic competition. -
Europe Steps Around Tibet as Trade Issue
Posted: April 16th, 2008, 1:50am EDT by By STEPHEN CASTLE
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The European Commission said that worries about human rights and Tibet should not be “walled off” from Europe’s trade relationship with China but that it did not support boycotts. -
Foreigners Sustain New York’s Economy
Posted: April 16th, 2008, 1:49am EDT by By PATRICK McGEEHAN
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A rising tide of foreign visitors is providing New York City with a counterbalance against the economic downturn. -
Sued by Harry Potter’s Creator, Lexicographer Breaks Down on the Stand
Posted: April 16th, 2008, 1:45am EDT by By ANEMONA HARTOCOLLIS
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The librarian at the heart of the Harry Potter copyright-infringement lawsuit stood up to J. K. Rowling in a Manhattan courtroom, and then broke down sobbing. -
Intel Reports Strong Demand for Chips in Quarter
Posted: April 16th, 2008, 1:42am EDT by By LAURIE J. FLYNN
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The computer chip maker reported that global demand for chips was “solid” during the first quarter, soothing fears that a soft economy was hitting the tech sector. -
Merck Wrote Drug Studies for Doctors
Posted: April 16th, 2008, 1:40am EDT by By STEPHANIE SAUL
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Documents unearthed in lawsuits over the pain drug Vioxx provide a rare, detailed look at the industry practice of ghostwriting medical research studies. -
Larger Prey Are Targets of Phishing
Posted: April 16th, 2008, 1:36am EDT by By JOHN MARKOFF
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An e-mail scam aimed at the nation’s top executives is raising new alarms about the ease with which people and companies can be deceived by online criminals. -
Profits at Regional Banks Bolster Shares
Posted: April 16th, 2008, 1:35am EDT by By REUTERS
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Stocks gained as record oil prices lifted energy shares and stronger-than-expected quarterly results at several regional banks helped shares of financial companies. -
Canada Likely to Label Plastic Ingredient ‘Toxic’
Posted: April 16th, 2008, 1:32am EDT by By IAN AUSTEN
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The Canadian government is said to be ready to declare as toxic the compound bisphenol-a, a chemical widely used in plastics for baby bottles, beverage and food containers. -
Foreclosures and Repossessions Up
Posted: April 16th, 2008, 1:31am EDT by BYREUTERS
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United States home foreclosure filings surged 57 percent in the 12-month period that ended in March, and bank repossessions soared 129 percent from a year ago. -
Linens ’n Things Puts Off $16 Million Interest Payment
Posted: April 16th, 2008, 1:31am EDT by By THE NEW YORK TIMES
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Linens ’n Things said it would defer paying about $16.1 million in interest payments due Tuesday as it worked to stave off a bankruptcy filing. -
Advertising: Madison Ave. Charts Some Progress in Meeting Diversity Hiring Goals
Posted: April 16th, 2008, 1:31am EDT by By STUART ELLIOTT
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The 15 advertising agencies that agreed to be monitored for three years on their minority hiring practices met 24 of the 30 goals they set for themselves in 2007. -
Oil Prices Hit a New High, and So Does a Gallon of Gas
Posted: April 16th, 2008, 1:31am EDT by By JAD MOUAWAD
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Oil prices surged to a new high on Tuesday, reaching $114 a barrel, as scattered pipeline interruptions and a weak dollar agitated a tight global market. -
Supreme Court Restricts the Taxation of Income of Companies Based Out of State
Posted: April 16th, 2008, 1:29am EDT by By LINDA GREENHOUSE
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In a unanimous decision, the Supreme Court limited states’ ability to tax income that companies with out-of-state headquarters earn from their in-state investments. -
An Inflation Indicator Leaves the Fed in a Tough Spot
Posted: April 16th, 2008, 1:29am EDT by By MICHAEL M. GRYNBAUM
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A gauge of prices paid by American producers jumped 1.1 percent in March, sharply accelerating from a 0.3 percent increase in February. -
Publishers Sue Georgia State on Digital Reading Matter
Posted: April 16th, 2008, 1:25am EDT by By KATIE HAFNER
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Three prominent academic publishers are suing Georgia State University, contending that the school is violating copyright laws. -
Delta’s Chief Faces Skeptics as He Tries to Sell a Deal With Northwest
Posted: April 16th, 2008, 1:25am EDT by By JEFF BAILEY
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Shares of both Delta Air Lines and Northwest Airlines slid following the announcement of the merger and Northwest pilots vowed to kill the $2.7 billion deal. -
Economic Scene: Money Doesn’t Buy Happiness. Well, on Second Thought ...
Posted: April 16th, 2008, 1:18am EDT by By DAVID LEONHARDT
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What if, despite the classic argument, it turns out that money really can buy happiness? -
Venezuela Passes Tax on Oil Companies
Posted: April 16th, 2008, 1:16am EDT by By THE ASSOCIATED PRESS
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Venezuela moved Tuesday to take a greater cut of windfall oil profits, approving a 50 percent tax on foreign oil companies when crude tops $70 a barrel. -
Foreclosures Push States to Try a Mix of Solutions
Posted: April 16th, 2008, 1:04am EDT by By JOHN LELAND
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States are experimenting with a broad range of solutions to the foreclosure crisis, resulting in a changing patchwork of local approaches. -
U.N. Panel Urges Changes to Feed Poor While Saving Environment
Posted: April 16th, 2008, 12:38am EDT by By STEVEN ERLANGER
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The price of basic food like rice, wheat and corn has been rising sharply, setting off violent protests in Haiti, Egypt, Uzbekistan, Yemen, the Philippines, Thailand, Indonesia and even Italy. -
A Loss and a Shake-up at Washington Mutual
Posted: April 15th, 2008, 10:16pm EDT by By REUTERS
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The country’s largest savings and loan said it was hit by mounting credit losses as more mortgage borrowers fell behind on payments. -
AstraZeneca in Pact With Rival to Delay a Generic Drug
Posted: April 15th, 2008, 9:00pm EDT by By THE ASSOCIATED PRESS
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Shares in the drugmaker soared on news that it reached a deal with an Indian company, delaying the release of a generic competitor to its heartburn drug Nexium. -
Blockbuster Takes Bid for Circuit City to Shareholders
Posted: April 14th, 2008, 2:37pm EDT by By MICHAEL M. GRYNBAUM
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Blockbuster said it will take its unsolicited bid for Circuit City directly to its shareholders, saying the electronics retailer has not responded to repeated offers. -
J.K. Rowling, in Court, Assails Potter Lexicon
Posted: April 14th, 2008, 2:11pm EDT by By ANAHAD O’CONNOR and ANEMONA HARTOCOLLIS
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The author testified in a Manhattan courtroom against a fan accused of stealing her work in a reference guide. -
Justices Decline ‘Zoloft Defense’ Case
Posted: April 14th, 2008, 1:45pm EDT by By DAVID STOUT
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The Supreme Court declined to review the sentence of a South Carolina teen-ager whose lawyers blamed the antidepressant in his killing of his grandparents. -
General Re Chief Executive Resigns
Posted: April 14th, 2008, 1:44pm EDT by By THE ASSOCIATED PRESS
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Joseph P. Brandon, the chairman and chief executive of the insurance company, resigned under pressure on Monday. The company said its president, Franklin Montross, will succeed Mr. Brandon. -
Bayou Founder Gets 20 Years for Bilking Investors
Posted: April 14th, 2008, 1:30pm EDT by BYREUTERS
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Samuel Israel III, the founder of the hedge fund Bayou Group, was sentenced for his role in a scheme that cheated investors out of more than $400 million. -
Housing Woes in U.S. Spread Around Globe
Posted: April 14th, 2008, 1:20pm EDT by By MARK LANDLER
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From Ireland to India, housing markets that soared over the last decade are falling back to earth. -
Google and Salesforce Join to Fight Microsoft
Posted: April 14th, 2008, 1:05pm EDT by By MIGUEL HELFT
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The two companies are expanding a 10-month-old collaboration in an effort to accelerate their sales of customer management and office software to businesses. -
Link by Link: He Wrote 200,000 Books (but Computers Did Some of the Work)
Posted: April 14th, 2008, 1:03pm EDT by By NOAM COHEN
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A professor has developed computer algorithms that collect publicly available information on a given subject, turn them into books, printed on demand or delivered digitally. -
At CBS, Bad News Doesn’t End at 7
Posted: April 14th, 2008, 1:01pm EDT by By BRIAN STELTER
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No new hit has emerged this year in the network’s prime-time schedule, which makes CBS likely to lose the crown of most-watched network to the Fox network. -
Wachovia to Raise Capital After Loss
Posted: April 14th, 2008, 12:59pm EDT by By ERIC DASH
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The bank, hit by mounting housing losses and an ill-timed acquisition of a big California mortgage lender, said it would raise the capital through a stock sale. -
Advertising: Tibet Backers Show China Value of P.R.
Posted: April 14th, 2008, 12:00pm EDT by By STEPHANIE CLIFFORD
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With the Olympics in mind, China has been exploring American-style public relations approaches. -
Philips Profit Down Sharply as TV Sales Lag
Posted: April 14th, 2008, 11:48am EDT by By THE ASSOCIATED PRESS
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The Dutch company said falling television sales in North America offset growth in its health care and lighting industries during the first quarter. -
March Retail Sales Up 0.2% on Gasoline Sales
Posted: April 14th, 2008, 11:41am EDT by By REUTERS
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Excluding gasoline sales, retail sales were flat last month, evidence that consumers are wary about spending in an economy that appears to be contracting. -
Rowling to Testify in Trial Over Potter Lexicon
Posted: April 14th, 2008, 10:30am EDT by By MOTOKO RICH
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J. K. Rowling, the author of the Harry Potter series, is expected to testify against a small publisher looking to bring out an encyclopedia based on her work. -
West Side Redevelopment Plans in Disarray
Posted: April 14th, 2008, 7:26am EDT by By CHARLES V. BAGLI
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The economic downturn, logistical problems and, critics say, design flaws have dimmed prospects for the plan. -
I.R.S. Scrutiny of Big Firms Plummets, Study Says
Posted: April 14th, 2008, 7:21am EDT by By LYNNLEY BROWNING
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The I.R.S.’s scrutiny of the nation’s biggest companies is at a 20-year low, “a historic collapse in audits,” according to a new study. -
A Bumper Crop of Bureaucracy
Posted: April 14th, 2008, 3:54am EDT by By DANNY HAKIM
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When Salim B. Lewis and his wife began building three suburban-style homes for the workers on their farm, they didn’t realize they were wading into a regulatory brawl. -
In Europe, a Push to Take Away Piracy Suspects’ Internet Access
Posted: April 14th, 2008, 3:17am EDT by By DOREEN CARVAJAL
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Resistance is building against a plan to use Internet service providers as copyright cops against users illegally downloading copyrighted material, with possible disconnection from services being at stake. -
Finance Ministers Emphasize Food Crisis Over Credit Crisis
Posted: April 14th, 2008, 2:02am EDT by By STEVEN R. WEISMAN
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The world’s economic ministers declared on Sunday that shortages and skyrocketing prices for food posed a potentially greater threat to economic and political stability than the turmoil in capital markets. -
Delta-Northwest Merger Talks Pick Up Pace Again
Posted: April 14th, 2008, 12:59am EDT by By ANDREW ROSS SORKIN and JEFF BAILEY
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The two companies have seemed on the verge of announcing a deal several times in recent months only to back away from a merger. -
Singing McCain’s Praises, or Joking?
Posted: April 14th, 2008, 12:46am EDT by By BRIAN STELTER
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For a while, it was not clear whether the videos of the “McCain Girls,” a trio of singing and dancing campaign supporters, were meant to be sincere or ironic. -
Apollo Struggles to Keep Debt From Sinking Linens ’n Things
Posted: April 13th, 2008, 11:53pm EDT by By MICHAEL J. de la MERCED
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A bankruptcy filing would be one of the largest since the economy began to weaken and could presage a long-awaited shake-up among companies bought by private equity firms in the last three years. -
Off New York Streets, Film Piracy Is Online
Posted: April 13th, 2008, 11:51pm EDT by By ERIC A. TAUB
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While bootlegged DVDs are harder to find on the streets of New York, worldwide and on the Internet, video piracy remains rampant. -
Despite Silicon Valley Optimism, a Disease Resists Cure
Posted: April 13th, 2008, 11:50pm EDT by By DAN FOST
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Even as the outlook for a former Silicon Valley executive stricken with a brain-wasting disorder is not encouraging, a campaign on his behalf is hoping to make a difference in other areas. -
E-Commerce: Beaming Online Services Toward Blacks
Posted: April 13th, 2008, 11:49pm EDT by By BOB TEDESCHI
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A new search engine, Rushmore Drive, is going after the dominance of Google by offering search results targeted to ethnic groups. -
A Funnier-Than-Usual Journal Gets Snapped Up Early
Posted: April 13th, 2008, 11:48pm EDT by By RICHARD PÉREZ-PEÑA
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A satire of The Wall Street Journal is selling mysteriously well, a few days before its sales release date. -
Expecting Jabs, Tribune Decides to Mock Itself
Posted: April 13th, 2008, 11:46pm EDT by By RICHARD PÉREZ-PEÑA
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Last week, the Tribune Company took an unorthodox approach to announcing a new top hire at the company, in a release that said, “this whole thing is a sham.” -
Looking Ahead: The Week’s Major Economic Reports
Posted: April 13th, 2008, 11:45pm EDT
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ECONOMIC REPORTS It is a big week for economic news, led Wednesday by the Consumer Price Index for March and the Federal Reserve’s beige book report. They should give a snapshot of economic growth versus inflation. -
Drilling Down: Even Credit Card Offers Are Ebbing
Posted: April 13th, 2008, 11:44pm EDT by By ALEX MINDLIN
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A market research firm has found that banks in February sent out fewer direct mail credit card offer than in any month since April 2004. -
Bond Trader to Sell Rare Stamps for Charity
Posted: April 13th, 2008, 11:43pm EDT by By MATTHEW HEALEY
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It is the second time that Bill Gross, the billionaire bond trader who has also acquired a reputation as a shrewd trader of rare stamps, will auction some of his collection for charity. -
Treasury Auctions Set for This Week
Posted: April 13th, 2008, 11:42pm EDT
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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 on Tuesday. -
Airline Says Fleet Is Back in Service
Posted: April 13th, 2008, 11:39pm EDT by By JEFF BAILEY
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American Airlines said that its fleet of 300 MD-80 jets was back to full strength, after the cancellation of about 3,300 flights last week. -
The Media Equation: Dirty Job, but Someone Has to Do It
Posted: April 13th, 2008, 11:33pm EDT by By DAVID CARR
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The Smoking Gun, the Web site that specializes in ferreting out embarrassing legal documents, is a happy byproduct of the digital revolution. -
NBC Tests Family Hour Boundaries
Posted: April 13th, 2008, 10:55pm EDT by By EDWARD WYATT
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It was almost as if the NBC comedy writers had decided to test the limits of prime time taste just as the network unveiled a family-friendly philosophy of scheduling. -
G.E. Earnings Drop, Raising Broader Fears
Posted: April 11th, 2008, 11:55pm EDT by By REED ABELSON and LOUISE STORY
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Sharply disappointing results at a company widely viewed as a bellwether underscore the damage done by the credit crisis throughout the economy. -
Fewer Options Open to Pay for Costs of College
Posted: April 11th, 2008, 11:51pm EDT by By JONATHAN D. GLATER
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Student loan companies are in turmoil and banks are tightening their standards and raising rates, making it harder for families to use multiple financing sources. -
What’s Offline: A Defense of the Boss’s Pay
Posted: April 11th, 2008, 11:43pm EDT by By PAUL B. BROWN
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A researcher pointed out that salary increases of corporate chief executives were almost exactly in line with the rise in market capitalization of large U.S.-based companies over time. -
Off The Charts: Many More Are Jobless Than Are Unemployed
Posted: April 11th, 2008, 11:40pm EDT by By FLOYD NORRIS
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Only people without jobs who are actively looking for work qualify as unemployed. It does not count people who are not looking for work, whether or not they would like to have a job. -
Some Tempered Reassurances From Paulson
Posted: April 11th, 2008, 11:36pm EDT by By STEVEN R. WEISMAN
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The Treasury Secretary sought Friday to assure the finance ministers and central bankers of the world’s wealthiest countries that the American economic picture could improve later this year. -
Shortcuts: At a Certain Age, Simplicity Sells in High-Tech Gadgets
Posted: April 11th, 2008, 11:33pm EDT by By ALINA TUGEND
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Companies have noticed a growing market for simple devices aimed at older customers. -
Saturday Interview: Restaurants Lead to Kitchens and to Other Rooms
Posted: April 11th, 2008, 11:31pm EDT by By JUSTON JONES
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Barbara Smith, better known as B. Smith, has her smile imprinted on all sorts of things, from biscuits to shower curtains, and is always on the lookout for the next trend. -
Talking Business: China Tries to Solve Its Brand X Blues
Posted: April 11th, 2008, 11:28pm EDT by By JOE NOCERA
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Even as the West fears Chinese manufacturing, China fears Western brands and marketing. -
Aging Jet Fleets an Added Strain on U.S. Airlines
Posted: April 11th, 2008, 11:27pm EDT by By JEFF BAILEY
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As airlines have been too financially squeezed to buy new airplanes, they are facing large repair bills and increased scrutiny for the old ones onto which they have held. -
Sure It’s Frustrating and Expensive, but Travelers Just Have to Travel
Posted: April 11th, 2008, 11:27pm EDT by By SUSAN STELLIN
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Despite the many flight cancellations in recent days, the slowing economy, rising gas prices and the weak dollar, the number of air travelers is holding steady so far this year. -
Yahoo, Weighing Options, Keeps Them Open
Posted: April 11th, 2008, 11:27pm EDT by By ANDREW ROSS SORKIN and MIGUEL HELFT
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The company’s board met Friday to evaluate Microsoft’s takeover bid and other alternatives, and authorized the continuation of meetings with Microsoft and with Time Warner. -
Technology Chief Quits Advanced Micro Devices
Posted: April 11th, 2008, 11:17pm EDT by By BLOOMBERG NEWS
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Phillip D. Hester is the third A.M.D. senior executive to depart in less than a year. -
Congressmen Question Notes From Expert Panel’s Meeting on Drug
Posted: April 11th, 2008, 11:17pm EDT by By THE ASSOCIATED PRESS
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House Democrats are questioning whether Merck and Schering-Plough made up information about a meeting of medical specialists to discuss Vytorin, after lawmakers began investigating a failed study of the drug. -
Pinkberry Settles Suit Over Claims on Dessert
Posted: April 11th, 2008, 11:06pm EDT by By JENNIFER STEINHAUER
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The company has agreed to pay $750,000 to those who sued it for making bogus health claims about a product that did not meet the legal definition of frozen yogurt. -
From Repairs to Exit Strategies, Details Matter
Posted: April 11th, 2008, 10:35pm EDT by By HILLARY CHURA
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Buying a vacation home with friends or relatives can reduce individual costs and operating expenses as well as divide responsibilities, but there are a few things to consider. -
Clinton Aide’s Private Databank Venture Breaks Ground in Politicking
Posted: April 11th, 2008, 10:29pm EDT by By LESLIE WAYNE
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Catalist, a for-profit databank that sells voter information to progressive candidates, has raised eyebrows among campaign finance watchdogs. -
What's Online: Cubicles Make Poor Nurseries
Posted: April 11th, 2008, 9:54pm EDT by By DAN MITCHELL
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The United States and Australia are the only countries in the industrialized world that do not require employers to offer paid maternity leave. -
News Analysis: For CBS, Long-Simmering Troubles That One Star Couldn’t Solve
Posted: April 11th, 2008, 9:19pm EDT by By JACQUES STEINBERG
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If a journalism class of the future is asked to identify low points in the vaunted history of CBS News, it might do well to examine the second week of April 2008. -
Major Indexes Fall More Than 2 Percent
Posted: April 11th, 2008, 8:41pm EDT by By THE ASSOCIATED PRESS
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Wall Street stumbled Friday after a disappointing first-quarter report from General Electric surprised the market and stoked concern about both corporate profits and the wider economy. -
Market Values: Woes Here. Opportunity Elsewhere.
Posted: April 11th, 2008, 8:41pm EDT by By CONRAD de AENLLE
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Despite declines on foreign markets, experts still advise to look into foreign investments as a way to hedge one’s bets against the bumpy days of the U.S. economy. -
American Cancels 200 More Flights
Posted: April 11th, 2008, 7:23pm EDT by By MICHELINE MAYNARD
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American Airlines said it would cancel 200 MD-80 flights on Saturday as it tried to wrap up efforts to inspect and in some cases reattach wiring bundles in the wheel wells. -
Charities Devise New Strategies as Donations Wane
Posted: April 11th, 2008, 6:50pm EDT by By GERALDINE FABRIKANT
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Charities that benefit from the largess of Wall Street, law firms and corporations have begun defensive planning. -
Market Drops After a Week of Bad News
Posted: April 11th, 2008, 6:37pm EDT by By MICHAEL M. GRYNBAUM
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First-quarter profit fell 5.8 percent at General Electric, which is seen as one of the most reliable earners. The Dow Jones industrial average lost more than 250 points. -
Saab Builds Its Future Around Its Fighter
Posted: April 11th, 2008, 6:26pm EDT by By MATTHEW SALTMARSH
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The Gripen, a multi-role combat aircraft, has become Saab’s flagship, with recent deals in Thailand, the Czech Republic, Hungary and South Africa. -
Priests Are Driving Force Behind Samsung Inquiry
Posted: April 11th, 2008, 6:13pm EDT by By CHOE SANG-HUN
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Since October, the country’s priests, quoting the Bible, have urged South Koreans to join in their effort to fight presumed corruption at Samsung. -
your money: Buying a Home With Friends? Do the Groundwork
Posted: April 11th, 2008, 5:26pm EDT by By HILLARY CHURA
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Teaming up with friends or relatives to buy a second home can prove a boon to the pocketbook and the relationship, but only if ground rules are established before the first check is written. -
Questions About Meeting Concerning Vytorin
Posted: April 11th, 2008, 5:24pm EDT by By THE ASSOCIATED PRESS
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House Democrats are questioning whether Merck and Schering-Plough made up information about a meeting of medical specialists to discuss Vytorin, after lawmakers began investigating a failed study of the drug. -
Consumer Confidence Wanes; Import Prices Rise
Posted: April 11th, 2008, 4:48pm EDT by By MICHAEL M. GRYNBAUM
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Americans’ confidence in the economy has withered in the last few weeks, falling to the lowest level since the recession of the early 1980s. -
AMD’s Chief Technology Officer Resigns
Posted: April 11th, 2008, 4:30pm EDT by By THE ASSOCIATED PRESS
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Phil Hester is stepping down as the world’s No. 2 microprocessor maker tries to recover from a sales slump triggered by prolonged product delays and tougher competition. -
Frontier Airlines Files for Bankruptcy
Posted: April 11th, 2008, 3:48pm EDT by By GRAHAM BOWLEY
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Frontier, the latest budget carrier to seek bankruptcy protection, said it will maintain its operations. -
Judge Rejects Banks' Request in Clear Channel Case
Posted: April 11th, 2008, 3:11pm EDT by By REUTERS
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A Texas judge rejected a request by a group of banks in a dispute over the buyout of Clear Channel to throw out a lawsuit against them and set a June 2 trial date. -
High & Low Finance: It’s a Crisis, and Ideas Are Scarce
Posted: April 11th, 2008, 1:53pm EDT by By FLOYD NORRIS
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Paul Volcker says financial engineers have “produced unimaginable wealth for some, while repeatedly risking a cascading breakdown of the system as a whole.” -
Couric’s Fate Was Topic A in CBS Suite
Posted: April 11th, 2008, 11:38am EDT by By BILL CARTER and JACQUES STEINBERG
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A discussion in February about Katie Couric’s future as the anchor of the “CBS Evening News” threatened on Thursday to turn her into a virtual lame duck in the job. -
Navy Recruits Face a Hardship Test at the Airport
Posted: April 11th, 2008, 11:09am EDT by By JEFF BAILEY and MARINA TRAHAN MARTINEZ
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Navy recruits on the way to boot camp have joined thousands of other travelers stranded as American Airlines cancels flights. -
McCain Shifts on Aid to Some Mortgage Holders
Posted: April 11th, 2008, 10:59am EDT by By MICHAEL COOPER
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Senator John McCain called for the federal government to aid some homeowners in danger of losing their homes by helping them to refinance and get federally guaranteed 30-year mortgages. -
The Face of a Prophet
Posted: April 11th, 2008, 10:34am EDT by By LOUISE STORY
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George Soros has always been a controversial figure. But he is becoming more so with a new, dire forecast for the world economy. -
DuPont Raises Profit Outlook
Posted: April 11th, 2008, 3:30am EDT by By REUTERS
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The chemical maker said strong growth in its agriculture businesses and emerging markets should help offset weakness in U.S. housing and automotive markets. -
Stocks & Bonds: Markets Rise After 3 Losing Sessions
Posted: April 11th, 2008, 3:28am EDT by By THE ASSOCIATED PRESS
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Stocks rose on Thursday for the first time in three days, helped by a decline in unemployment claims and better-than-expected sales performance by discount retailers. -
Senate Approves Housing Relief Bill
Posted: April 11th, 2008, 3:23am EDT by By DAVID M. HERSZENHORN
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The Senate on Thursday moved to stabilize the battered housing market by approving a bill to provide tax breaks for home builders and other businesses. -
House Votes to Put Off Trade Deal Bush Sought
Posted: April 11th, 2008, 3:14am EDT by By CARL HULSE
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The unity exhibited Thursday by House Democrats in stalling a White House-sponsored trade pact with Colombia masks deep party divisions on the issue. -
Global Forum Calls for New Financial Controls
Posted: April 11th, 2008, 3:12am EDT by By STEVEN R. WEISMAN
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A global team of financial regulators and ministers is calling for for more oversight by the world’s banks and investment institutions caught up in a global credit crisis. -
Court Faults Britain for Halting Arms Deal Inquiry
Posted: April 11th, 2008, 3:11am EDT by By JULIA WERDIGIER and ALAN COWELL
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The British High Court ruled that prosecutors investigating accusations of corruption in a BAE arms deal with Saudi Arabia acted unlawfully when they dropped the inquiry. -
Advertising: Creative Spots, Courtesy of a Stalled Economy
Posted: April 11th, 2008, 3:10am EDT by By STUART ELLIOTT
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Since the fall, many marketers have been appealing to worried consumers by acknowledging that times are tough. -
World Business Briefing | Europe: Russia: Lukoil to Shed Stations
Posted: April 11th, 2008, 3:10am EDT by By ANDREW KRAMER
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World Business Briefing | Europe: Russia: Lukoil to Shed Stations -
Southwest Planes Had Cracks an Inspection Might Have Found
Posted: April 11th, 2008, 2:55am EDT by By MATTHEW L. WALD
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The testimony, by the associate administrator for safety of the F.A.A., was the most explicit statement so far that the epidemic of aircraft groundings had genuine safety roots. -
World Business Briefing | Europe: STMicroelectronics and NXP to Merge Wirechip Businesses
Posted: April 11th, 2008, 2:55am EDT by By REUTERS
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STMicroelectronics and NXP will merge their wireless chip businesses into a $3 billion joint venture controlled by STMicroelectronics to challenge the market leaders -
World Business Briefing | Americas: Canada: Trade Surplus Rises 78%
Posted: April 11th, 2008, 2:54am EDT by By REUTERS
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Canada’s trade surplus rose 78 percent in February despite strength in the Canadian dollar. -
World Business Briefing | Europe: France: Chief of EADS Speaks Out
Posted: April 11th, 2008, 2:53am EDT by By NICOLA CLARK
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After months of nearly total silence, the chief executive of the EADSC has begun a counteroffensive against accusations of rampant insider trading. -
Couple Lose Property Suit
Posted: April 11th, 2008, 2:52am EDT
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An aggrieved couple who sued their real estate agent lost their case in a Vista, Calif., court on Thursday. -
Surprising Growth in the Trade Deficit
Posted: April 11th, 2008, 2:52am EDT by By MICHAEL M. GRYNBAUM
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The gap between what Americans import and export unexpectedly widened in February as domestic demand rose for automobiles and fell back for crude oil. -
MySpace Signs Deal to Aim Its Content for Overseas TV
Posted: April 11th, 2008, 2:48am EDT by By BRIAN STELTER
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MySpace has signed a deal with a British-based production firm, ShineReveille International. -
Parts of Rather’s Suit Against CBS Dismissed
Posted: April 11th, 2008, 2:47am EDT by By JACQUES STEINBERG
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The judge, setting aside Dan Rather individual claims, said, however, that Mr. Rather could continue to pursue his claim that CBS, as an entity, had breached its contract. -
March Sales Were Weak as Shoppers Felt Pinched
Posted: April 11th, 2008, 2:44am EDT by By THE ASSOCIATED PRESS
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With little money left after buying food and fuel, American shoppers handed most retailers their most dismal March in 13 years.