NYT > Business (27 unread)
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U.S. Loses Latest Appeal on Cotton Subsidies
Posted: June 2nd, 2008, 10:38pm EDT by By THE ASSOCIATED PRESS
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The United States lost its final appeal on Monday in a billion-dollar trade dispute with Brazil over subsidies to American cotton growers.
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Thompson Is Ousted as Wachovia Chief Executive
Posted: June 2nd, 2008, 1:23pm EDT by By DEALBOOK
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G. Kennedy Thompson has become the latest banking executive to be shown the door during the credit squeeze.
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British Lender Gets $353 Million Lifeline
Posted: June 2nd, 2008, 12:30pm EDT by By JULIA WERDIGIER
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Bradford & Bingley on Monday became the latest lender to seek emergency help from an investor, agreeing to sell a 23 percent stake to TPG, the private equity group.
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Paulson Offers Reassurances on the Dollar
Posted: June 2nd, 2008, 11:56am EDT by By REUTERS
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The Treasury secretary defended the dollar’s status as the world’s reserve currency, in a message to gulf oil producing states.
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China Unicom Buys China Netcom in $23.8 Billion Deal
Posted: June 2nd, 2008, 11:53am EDT by By THE ASSOCIATED PRESS
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Separately, China Telecom and its parent will buy the code division multiple access, or CDMA, network and accompanying business from China Unicom companies for $15.86 billion.
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U.S. Manufacturing Sector Contracted in May
Posted: June 2nd, 2008, 11:31am EDT by By REUTERS
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Factory activity contracted for the fourth consecutive month while inflation pressures surged to their highest since April 2004, according to the Institute for Supply Management.
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Airline Group Sees ‘Desperate’ Times
Posted: June 2nd, 2008, 10:41am EDT by By CAROLINE BROTHERS and MATTHEW SALTMARSH
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Citing high oil prices and the slowing economy, the International Air Transport Association sharply lowered its industry forecast for 2008.
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Student Loans Start to Bypass 2-Year Colleges
Posted: June 2nd, 2008, 1:58am EDT by By JONATHAN D. GLATER
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Some of the nation’s biggest banks have cut off students at community colleges and other less competitive schools.
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Shifting Careers: When Intolerance Becomes Intolerable
Posted: June 2nd, 2008, 1:58am EDT by By MARCI ALBOHER
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Many career shifts involve an “aha” moment. In Lisa Sherman’s case, the moment was not only the catalyst for a career change but also led her to tell her boss she was gay.
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After Financier’s Death, Suit Against Union Lives On
Posted: June 2nd, 2008, 1:33am EDT by By MIKE TIERNEY
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The death of Kirk Wright, a hedge fund manager who was convicted of fraud and money laundering, does not end the suit by players against the N.F.L. and players union for allowing Wright onto a list of financial advisers provided to players.
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Media Talk: Underdog Taps YouTube to Make Election Close
Posted: June 2nd, 2008, 1:05am EDT by By RICHARD PÉREZ-PEÑA
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Political pros say that for the first time in a statewide race, YouTube had the crucial multiplier effect, turning an underfinanced campaign into a serious contender.
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Bits: Intel’s Chief on Strategy, Globalization and the Price of Oil
Posted: June 2nd, 2008, 1:04am EDT by By STEVE LOHR
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Intel’s chief executive, Paul Otellini, talks about Intel’s move into processors for smaller machines, the company’s new chip plant in China, and the impact of rising oil prices.
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Walter H. Diamond, Expert on Taxation, Is Dead at 95
Posted: June 2nd, 2008, 12:55am EDT by By JULIE CRESWELL
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Mr. Diamond was an expert on international taxation and helped prepare the foreign exchange proposals for the Bretton Woods conference, which established the International Monetary Fund.
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Indian Media Giant Buys Virgin Radio From Scottish Firm
Posted: June 2nd, 2008, 12:27am EDT by By HEATHER TIMMONS
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While the price tag for the deal is not huge in merger terms, it might be a sign of things to come from India and other emerging markets.
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Looking Ahead: The Week’s Major Economic Reports
Posted: June 2nd, 2008, 12:27am EDT by By THE NEW YORK TIMES
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The main economic news of the week will be Friday’s unemployment report, which is expected to show that May was the nation’s fifth consecutive month of job losses.
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Drilling Down: Fast Food’s Portion of Parents’ Dollars
Posted: June 2nd, 2008, 12:25am EDT by By ALEX MINDLIN
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The average mother of a child under 15 spends more on fast food every year than on books, music, movies and video games combined, according to a new report.
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At a Global Media Company, a Fresh but Less Sexy Approach
Posted: June 2nd, 2008, 12:24am EDT by By MARK LANDLER and DOREEN CARVAJAL
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Markus Dohle’s promotion to chief executive of Random House, the world’s largest consumer book publisher, is just one part of a broader cultural makeover at Bertelsmann.
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A Hollywood Horror Story, With a Twist
Posted: June 2nd, 2008, 12:24am EDT by By ALLISON HOPE WEINER
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M. Night Shyamalan’s career illustrates one of the paradoxes of Hollywood: the industry loves the myth of the auteur — until faced with the realities of the box office.
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Industries Allied to Cap Carbon Differ on the Details
Posted: June 2nd, 2008, 12:24am EDT by By JAD MOUAWAD
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The difficult bottom line in the negotiations is that dealing with climate change will almost certainly hurt some industries and enrich others.
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The Media Equation: Slumber Parties Go Digital
Posted: June 2nd, 2008, 12:23am EDT by By DAVID CARR
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In the gender wars, men generally win the race to the bottom. This past week though, women were the ones who seemed completely preoccupied by the reproductive act.
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The Human Hands Behind the Google Money Machine
Posted: June 2nd, 2008, 12:23am EDT by By MIGUEL HELFT
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Nicholas Fox is among a small group of Google employees who keep a watchful eye on the vital signs of one of the most successful and profitable businesses on the Internet.
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Advertising: A Network to Make an Environmental Point
Posted: June 2nd, 2008, 12:09am EDT by By BRIAN STELTER
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Can the environment make for entertaining TV? Discovery Communications is about to find out with its launch of Planet Green.
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Treasury Auctions Set for This Week
Posted: June 2nd, 2008, 12:08am EDT by By THE NEW YORK TIMES
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The week’s financing schedule included Monday’s regular weekly auction of new three- and six-month bills and auctions of one-year and four-week bills on Tuesday.
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Financier in Hollywood Strikes Deal in D.W.I.
Posted: June 2nd, 2008, 12:04am EDT by By MICHAEL CIEPLY
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Ryan Kavanaugh pleaded no contest to, and was convicted of, one count of driving under the influence of alcohol, while more serious charges were dropped.
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Media Talk: Is the Main Character Missing? Maybe Not.
Posted: June 2nd, 2008, 12:03am EDT by By CATE DOTY
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A 33-year-old technology manager in Dublin has generated a flood of new Web traffic on his blog with his tweaked comic strip, “Garfield Minus Garfield.”
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College Alumni Magazines Struggle to Compete With Facebook
Posted: June 2nd, 2008, 12:01am EDT by By CATE DOTY
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The advent of social networking Web sites has created a quandary for alumni magazines, which have been slow to embrace the Web.
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Bits: A Tribute to a Legendary Computer Scientist
Posted: June 2nd, 2008, 12:00am EDT by By JOHN MARKOFF
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Jim Gray, a scientist at Microsoft and I.B.M. who went missing at sea in 2007, was remembered by friends and colleagues at a weekend tribute at UC Berkeley.
