NYT > Business (29 unread)
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Black Antismoking Group Drops Backing for Tobacco Bill Over Menthol Exception
Posted: May 29th, 2008, 11:58pm EDT by By STEPHANIE SAUL
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The legislation would ban candy, fruit and spice flavorings in cigarettes, but specifically exempts menthol flavorings.
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The Energy Challenge: Mounting Costs Slow the Push for Clean Coal
Posted: May 29th, 2008, 11:46pm EDT by By MATTHEW L. WALD
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Despite support, plans to take the carbon dioxide that spews from coal-burning power plants and pump it back into the ground have hit roadblocks.
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Advertising: For Dunkin’, a Tempest in an Iced-Coffee Cup
Posted: May 29th, 2008, 11:44pm EDT by By STEPHANIE CLIFFORD
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A scarf that the food celebrity Rachael Ray wore in a Dunkin’ Donuts advertisement on the Web has generated much attention from conservative bloggers.
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Irate Europeans Protest the Soaring Price of Gasoline
Posted: May 29th, 2008, 11:31pm EDT by By KATRIN BENNHOLD
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European governments, already under pressure from slowing economic growth and falling tax revenue, are increasingly concerned that the anger over higher gas prices could grow.
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Lose Homes, Pay More Tax
Posted: May 29th, 2008, 11:27pm EDT by By JONATHAN GLATER
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Some of the biggest losers in the real estate slump are not purchasers of mansions they could not afford. They are buyers of second homes who are sitting on a tax time bomb.
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United Said to Have Ended Talks With US Airways
Posted: May 29th, 2008, 11:11pm EDT by By MICHELINE MAYNARD and ANDREW ROSS SORKIN
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United Airlines told US Airways that it had decided not to continue talks on a possible merger, people with direct knowledge of the situation said.
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MasterCard Forecasts Double-Digit Revenue Growth
Posted: May 29th, 2008, 11:11pm EDT by By REUTERS
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MasterCard, the credit and debit card processor, said it expected double-digit revenue growth for 2008, and raised its long-term profit outlook.
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High & Low Finance: Health’s Gain May Be Army’s Loss
Posted: May 29th, 2008, 11:10pm EDT by By FLOYD NORRIS
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Call it the law of unintended consequences. When you fix one thing, it messes up other things.
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Charges of Insider Trading for a Wall Street Luminary
Posted: May 29th, 2008, 11:08pm EDT by By LOUISE STORY
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A retired professor at St. John’s University is accused of passing inside information about a multibillion-dollar corporate takeover to a professor at Pace University.
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Study Finds Disparities in Mortgage Fees
Posted: May 29th, 2008, 11:03pm EDT by By VIKAS BAJAJ
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Minorities and people without college degrees pay more in mortgage fees than do white applicants and those with a higher education, according to a study.
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Heinz Posts a Profit and Raises Its Forecast
Posted: May 29th, 2008, 10:57pm EDT by By REUTERS
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The H. J. Heinz Company raised its forecast for annual earnings growth, with foods it promotes as healthier and business in emerging markets contributing to the increase.
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Shares Rise for 3rd Day as Oil Falls 3.4%
Posted: May 29th, 2008, 8:54pm EDT by By THE ASSOCIATED PRESS
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Stocks rose for the third consecutive session Thursday as oil prices fell sharply and the government reported that the economy grew at a faster rate in the last quarter than previously estimated.
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Tycoons in Russia Want to Create World’s Largest Mining Concern
Posted: May 29th, 2008, 7:51pm EDT by By SOPHIA KISHKOVSKY
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Vladimir O. Potanin and Alisher B. Usmanov are moving to merge their companies with the goal of creating the world’s largest mining concern.
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U.S. Growth Better Than Expected
Posted: May 29th, 2008, 9:07am EDT by By THE ASSOCIATED PRESS
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The economy grew at a faster pace than originally estimated in the first quarter, the government said, but the nation remained on track for its most stagnant period of growth in five years.
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U.N. Asks Countries to Reconsider Biofuel Policies
Posted: May 29th, 2008, 9:00am EDT by By ANDREW MARTIN
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Prices for farm crops should gradually come down, but they will remain substantially higher than average over the next decade, according to a report by the United Nations and the O.E.C.D.
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Global Demand Squeezing Natural Gas Supply
Posted: May 29th, 2008, 8:37am EDT by By CLIFFORD KRAUSS
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Companies have been building capacity to import natural gas, but much of it is idle as imports have fallen.
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Sears Reports a Loss, Citing Gas and Food Prices
Posted: May 29th, 2008, 8:25am EDT by By THE ASSOCIATED PRESS
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The department store retailer posted its second quarterly loss since Kmart acquired Sears stores in 2005, falling far short of Wall Street forecasts.
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Web Start-Up a Joint Israeli-Palestinian Venture
Posted: May 29th, 2008, 7:38am EDT by By DINA KRAFT
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Reaching across the Israeli-Palestinian divide, G.ho.st is developing a free, Web-based virtual computer.
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Ruling Near on Boeing-Airbus Dispute
Posted: May 29th, 2008, 2:50am EDT by By MARK LANDLER
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Ahead of an expected W.T.O. ruling on subsides, European officials suggested this week that they would help finance the Airbus A350, the rival to the Boeing 787.
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Old Meters Mean Double the Price at the Pump
Posted: May 29th, 2008, 2:44am EDT by By KEN BELSON
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Using pumps so old that the meters go only as high as $3.99 a gallon, some service stations are pricing gasoline by the half-gallon.
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In Stock Plan, Employees See Stacked Deck
Posted: May 29th, 2008, 1:57am EDT by By MARY WILLIAMS WALSH
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A group of former employees are accusing U.S. Sugar insiders of scheming to enrich themselves by buying workers’ shares back on the cheap.
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Ostensibly Independent, a Charity Is U.S. Sugar’s Swing-Vote Shareholder
Posted: May 29th, 2008, 1:43am EDT by By MARY WILLIAMS WALSH
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On the surface, the Mott Children’s Health Center appears to hold a pivotal stake in U.S. Sugar.
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Increase in Oil Prices Lifts Energy Sector
Posted: May 29th, 2008, 1:20am EDT by By BLOOMBERG NEWS
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Stocks rose for a second day as a rebound in oil prices set off a late-day rally in energy shares, and a better-than-forecast report on durable goods orders lifted industrial companies.
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Coca-Cola Bottler Predicts a Fall in Profit
Posted: May 29th, 2008, 1:12am EDT by By REUTERS
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The beverage bottler Coca-Cola Enterprises said it expects second-quarter profit to fall by nearly 10 percent, citing the weak North American economy.
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Advertising: Entering Virtual Worlds for Real-Life Pitches
Posted: May 29th, 2008, 1:04am EDT by By ERIC PFANNER
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Starting in June, people who play The Sims 2 will be able to buy a “stuff pack” that lets them decorate their simulated families’ homes with Ikea furniture.
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Deals Fade, and Airlines Look to Cut
Posted: May 29th, 2008, 1:01am EDT by By MICHELINE MAYNARD
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As additional mergers in the airline industry look less likely, American carriers face a future of making further cuts to survive in an era of soaring jet-fuel prices.
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Gala Auction Feels a Chill From Wall Street’s Slump
Posted: May 29th, 2008, 12:59am EDT by By JENNY ANDERSON
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At the 2008 Robin Hood Foundation benefit, hedge fund managers donated $56.5 million to charity. But many of the market wizards are making less these days — and they are giving away less, too.
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State of the Art: Digital Life for Analog Keepsakes
Posted: May 29th, 2008, 12:52am EDT by By DAVID POGUE
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Here are three new (somewhat complicated) products to help convert photos, tape cassettes and LPs to digital files.
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Flexing Your Buying Power: Dress for Less and Less
Posted: May 29th, 2008, 12:11am EDT by By ERIC WILSON
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The cost of gasoline and eggs may be soaring, but most clothing has gotten cheaper in the last decade.
