NYT > Business (6 unread)
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Weekly Jobless Claims Unexpectedly Fall
Posted: June 5th, 2008, 11:33pm EDT by By REUTERS
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Initial claims for state unemployment insurance benefits fell to 357,000 in the week ended May 31 from a revised 375,000 for the prior week, the Labor Department said.
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Los Angeles Sues Time Warner Cable
Posted: June 5th, 2008, 10:32pm EDT by By REBECCA CATHCART
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The suit brought by the city of Los Angeles says that the company has subjected subscribers to delayed repair appointments, deceptive pricing and Internet outages.
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Europe Warns Germany About Shielding VW
Posted: June 5th, 2008, 10:26pm EDT by By JAMES KANTER
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The European Commission threatened to take Germany to court for failing to revoke a law shielding Volkswagen from a hostile takeover.
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UBS Plans to Close Its Municipal Bond Business
Posted: June 5th, 2008, 9:13pm EDT by By BLOOMBERG NEWS
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The bank had failed to find a buyer for what was the third-largest underwriter of American state and local government debt last year.
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Ratings Agencies Reach Settlement Over Fees
Posted: June 5th, 2008, 8:37pm EDT by By REUTERS
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The agreement reached with the New York attorney general will change the way credit rating agencies are paid by investment banks for reviewing mortgage-backed securities.
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BP Says It Is Committed to Russian Venture
Posted: June 5th, 2008, 7:59pm EDT by By MICHAEL SCHWIRTZ
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The statement from BP comes as the company’s joint venture, TNK-BP, came under fresh pressure from the authorities investigating accusations of tax evasion.
