NYT > Business (13 unread)
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Your Money: Keeping ‘Furniture Ransom’ Off Your Moving Bill
Posted: May 9th, 2008, 11:56pm EDT by By KRISTINA SHEVORY
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While the moving industry has long been a favorite of con artists because of lax regulation, consumers’ growing reliance on the Internet has made it even easier for the shady operators.
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Market Values: Fears Ease, So It’s Time to Be Fearful
Posted: May 9th, 2008, 11:55pm EDT by By CONRAD de AENLLE
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Now that public opinion is solidifying around the idea that the Federal Reserve has made its last rate cut for a while, stocks may be poised atop a slope of complacency.
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Light Touch in Inventing Chinese Scents
Posted: May 9th, 2008, 11:54pm EDT by By CHANDLER BURR
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Western perfume makers have been selling their scents in China for roughly a decade. But in a few months, Parfums Benetton will introduce two of the first perfumes that have been designed especially for Chinese tastes.
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Kerkorian Moves to Buy a Bigger Stake in Ford
Posted: May 9th, 2008, 11:53pm EDT by By BILL VLASIC
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The billionaire investor started a cash tender offer on Friday to bolster his stake in Ford to 5.6 percent, but stopped short of revealing his long-term plans as a major shareholder.
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Circuit City Opens Its Books to Blockbuster
Posted: May 9th, 2008, 11:51pm EDT by By MICHAEL J. de la MERCED
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The electronics chain’s move is a shift from its initial, highly skeptical stance toward Blockbuster’s unsolicited takeover bid.
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Trade Deficit Narrows in March, but Exports Fall
Posted: May 9th, 2008, 11:50pm EDT by By MICHAEL M. GRYNBAUM
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The falling demand for imports is the latest indication that Americans are reining in their spending habits.
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Off the Charts: Taking Advantage of Previously Issued Credit Lines
Posted: May 9th, 2008, 11:47pm EDT by By FLOYD NORRIS
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While banks say they have been tightening credit standards for more than a year, the growth rate of commercial and industrial loans is still growing faster than at any time in recent years.
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Citing Fuel Costs, FedEx Cuts Its Outlook
Posted: May 9th, 2008, 11:44pm EDT by By THE ASSOCIATED PRESS
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Fedex said its fuel costs have risen by more than 7 percent since it issued its guidance in March. It added that weak economic conditions have resulted in lower demand.
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Business Briefing | Earnings: German Insurer’s Profits Fall on Banking Unit’s Losses
Posted: May 9th, 2008, 11:42pm EDT by By THE ASSOCIATED PRESS
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The German insurer Allianz reported that first-quarter profits fell 65 percent as it wrote down $1.3 billion tied to the American subprime crisis.
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Business Briefing | Deals: Canada Blocks U.S. Takeover of a Technology Firm
Posted: May 9th, 2008, 11:41pm EDT by By THE ASSOCIATED PRESS
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Canada confirmed its decision to block an American company’s takeover of the space and satellite division of MacDonald, Dettwiler & Associates, Canada’s leading space technology firm.
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Business Briefing | Earnings: Asset Sales Bolster Clear Channel’s Earnings
Posted: May 9th, 2008, 11:41pm EDT by By THE ASSOCIATED PRESS
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The radio and outdoor advertising company reported higher first-quarter earnings on asset sales, but operating results were flat, reflecting weak demand for radio advertising.
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At Daimler, Sales Follow the World’s Oil Riches
Posted: May 9th, 2008, 11:20pm EDT by By WILLIAM J. HOLSTEIN
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Daimler AG, the maker of Mercedes-Benz automobiles, will deal with slowing auto sales in the U.S. in part by shifting sales to Russia, China and the Middle East, its chief executive said.
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Bits: Can Facebook Build a Better Passport?
Posted: May 9th, 2008, 8:07pm EDT by By SAUL HANSELL
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Facebook said that it will let users bring information from their profiles onto other sites. It is also reviving the possibility of a universal logon, an idea tried unsuccessfully years ago by Microsoft.
