NYT > Business (31 unread)
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Posting: The Geology of Cool
Posted: June 6th, 2008, 10:56pm EDT by By C. J. HUGHES
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Eco-conscious developers are taking advantage of the greenness of geothermal heat pumps to cool buildings.
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Start in Neutral
Posted: June 6th, 2008, 10:19pm EDT by By TERI KARUSH ROGERS
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Brokers have a tip for clients who are renovating their apartments: If you want to resell, use simple layouts, basic colors and big-name appliances.
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The Architecture Issue: The New, New City
Posted: June 6th, 2008, 8:51pm EDT by By NICOLAI OUROUSSOFF
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Shenzhen and Dubai may have outstripped Paris and New York as civic models. But can an instant city ever feel like the real thing?
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Dow Plunges More Than 400 Points
Posted: June 6th, 2008, 4:25pm EDT by By ABHA BHATTARAI
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The markets opened lower on Friday and then just kept falling, hit by a remarkable rise in the price of crude oil and a spike in the unemployment rate.
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Oil Prices Skyrocket, Taking Biggest Jump Ever
Posted: June 6th, 2008, 4:14pm EDT by By JAD MOUAWAD
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Oil futures surged more than $10 a barrel, or almost 8 percent, to $138, fueling suspicions that commodities might be caught in a speculative bubble.
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Bits: Icahn vs. Yahoo: The Latest Exchange
Posted: June 6th, 2008, 4:08pm EDT by By MIGUEL HELFT
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Carl Icahn said that Yahoo should offer to sell itself to Microsoft for nearly $49.5 billion and laid out his plan for the company, were he to succeed in taking control of it. Interestingly, Yahoo didn’t say the price was too low.
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Smiles All Around at Wal-Mart’s Annual Meeting
Posted: June 6th, 2008, 3:47pm EDT by By STEPHANIE ROSENBLOOM and MICHAEL BARBARO
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After three tumultuous years, filled with public relations dustups and sluggish business performance, the nation’s largest retailer publicly relished a turnaround on both fronts.
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Your Money: Loyalty Program Offers Freebies (but Read the Small Print)
Posted: June 6th, 2008, 3:24pm EDT by By RON LIEBER
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Starbucks new rewards program demonstrates just how hard it is, in any industry, to build a program that inspires allegiance to a particular brand.
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Sales Double for Game Maker
Posted: June 6th, 2008, 2:31pm EDT by By MATT RICHTEL
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Take-Two Interactive Software, publisher of the Grand Theft Auto video game franchise, recorded sales of $540 million for its second quarter.
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Intel Facing Antitrust Investigation
Posted: June 6th, 2008, 2:18pm EDT by By STEPHEN LABATON
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The Federal Trade Commission has opened a formal investigation of Intel for anticompetitive conduct, government officials and lawyers said.
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Unemployment Rate Hits 5.5% as 49,000 Jobs Lost
Posted: June 6th, 2008, 2:09pm EDT by By PETER S. GOODMAN and MICHAEL M. GRYNBAUM
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The jobless rate surged to 5.5 percent last month, the government said on Friday, the biggest increase in more than two decades.
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News Analysis: Big Airlines in a Rush to Go Small
Posted: June 6th, 2008, 2:08pm EDT by By MICHELINE MAYNARD
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With fuel prices almost double what they were a year ago, airlines have switched strategies from expansion to downsizing.
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Zagat Family Says Company Is No Longer for Sale
Posted: June 6th, 2008, 2:03pm EDT by By MICHAEL J. de la MERCED
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Zagat Survey ended its search for a buyer, saying it would seek to “grow organically” instead.
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Agency Calls for ‘Energy Revolution’
Posted: June 6th, 2008, 12:30pm EDT by By JAMES KANTER
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The International Energy Agency said investments of at least $45 trillion are needed over the next half-century to prevent energy shortages and greenhouse gas emissions from slowing growth.
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Mergers Accelerate as Telecoms Seek Growth
Posted: June 6th, 2008, 9:53am EDT by By KEVIN J. O’BRIEN
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Verizon Wireless announced it would buy Alltell to create the largest cellphone operator in the United States, while in Europe, a bid was made to create the world’s fourth-largest mobile operator.
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A Gym Designed to Cater to Christians
Posted: June 6th, 2008, 4:13am EDT by By KATIE ZEZIMA
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The Lord’s Gym in Clermont, Fla., offers classes including “Yogod,” its take on yoga, and “Chariots of Fire,” a spinning class.
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Stocks & Bonds: Investor Optimism Gets the Upper Hand
Posted: June 6th, 2008, 2:53am EDT by By THE ASSOCIATED PRESS
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Wall Street surged Thursday as investors looked past a sharp rebound in oil prices and focused on more positive news.
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Highly Rated Auto Plants Set to Close
Posted: June 6th, 2008, 1:28am EDT by By NICK BUNKLEY
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Some of the most productive automobile factories are closing or losing large numbers of jobs in the motor industry’s upheaval.
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Mukasey Declines to Create a U.S. Task Force to Investigate Mortgage Fraud
Posted: June 6th, 2008, 1:18am EDT by By ERIC LICHTBLAU
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The attorney general said he was confident that the current approach of using local prosecutors’ offices to oversee separate F.B.I. investigations was adequate.
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Surge in Shipping Benefits a Tiny Exchange
Posted: June 6th, 2008, 1:12am EDT by By JULIA WERDIGIER
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The Baltic Exchange in London has been a focus of attention as the shortage of ships and China’s thirst for raw materials have sent the world’s benchmark for shipping rates soaring.
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Former Chief of Broadcom Is Indicted
Posted: June 6th, 2008, 1:10am EDT by By LAURA M. HOLSON
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Henry T. Nicholas III faces fraud, conspiracy and drug charges. He is also accused of running a stock options backdating scheme.
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Ford to Cut White-Collar Jobs
Posted: June 6th, 2008, 1:08am EDT by By THE ASSOCIATED PRESS
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The cuts, 15 percent of Ford’s salaried work force, are in response to shrinking auto sales in the U.S. and a shift away from Ford’s moneymaking truck-based models.
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Two Fed Bank Presidents Warn About Lending to Securities Firms
Posted: June 6th, 2008, 1:06am EDT by By BLOOMBERG NEWS
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Two Federal Reserve Bank presidents warned in separate speeches on Thursday that the central bank’s decision in March to lend to securities firms might sow the seeds of further financial crises.
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Bosses May Have Hastened Chief’s Departure at HarperCollins
Posted: June 6th, 2008, 1:03am EDT by By MOTOKO RICH
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Accounts differ on the timeline of events that led Jane Friedman, the chief executive of HarperCollins Publishers Worldwide, to unexpectedly announce her resignation on Wednesday.
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Tribune Co. Plans Sharp Cutbacks at Papers
Posted: June 6th, 2008, 1:02am EDT by By RICHARD PÉREZ-PEÑA
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The company that owns The Los Angeles Times and The Chicago Tribune will print fewer papers and employ fewer journalists.
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2 Central Banks in Europe Keep Rates Unchanged
Posted: June 6th, 2008, 1:02am EDT by By MARK LANDLER
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The European Central Bank, alarmed by the soaring price of food and fuel, warned unexpectedly that it might raise interest rates next month to counter an inflationary spiral.
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Advertising: A Live Promotion, at 14,000 Feet
Posted: June 6th, 2008, 12:54am EDT by By ERIC PFANNER
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Live TV advertisements have been making a comeback in the U.S., aiming to reach people who normally fast-forward through commercials.
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High & Low Finance: Trail of Bad Loans Leads to the Couple Next Door
Posted: June 6th, 2008, 12:53am EDT by By FLOYD NORRIS
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Creative financing led to a string of foreclosures for a Florida couple who had turned speculators.
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Wealthy Americans Under Scrutiny in UBS Case
Posted: June 6th, 2008, 12:52am EDT by By LYNNLEY BROWNING
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As federal authorities intensify an investigation into offshore bank accounts, the secrets of this rarefied world are being dragged into the open.
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About 1 in 11 Mortgageholders Face Loan Problems
Posted: June 6th, 2008, 12:51am EDT by By VIKAS BAJAJ and MICHAEL M. GRYNBAUM
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The default rate is rising even among homeowners with good credit who do not hold risky subprime loans.
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Retailers Post Surprising Sales
Posted: June 6th, 2008, 12:46am EDT by By ABHA BHATTARAI
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Discount retailers fared particularly well as price-conscious customers spent income-tax rebate checks.
