NYT > Business (390 unread)
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Practical Traveler | Gas-Free Trips: Vacation Plans That Avoid the Pump
Posted: August 31st, 2008, 10:41am EDT by By MICHELLE HIGGINS
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Eco-travelers have long embraced low-impact travel, but the high cost of fuel is inspiring even more travelers to embrace a new kind of road trip this year -- the gasless vacation.
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The Food Chain: Russia’s Collective Farms: Hot Capitalist Property
Posted: August 31st, 2008, 7:10am EDT by By ANDREW E. KRAMER
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As food prices soar, the improbable business of buying and reforming collective farms has attracted financiers.
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Checking In: A Hotel in Theory, With an Image in Fact
Posted: August 31st, 2008, 6:20am EDT by By FRED A. BERNSTEIN
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Months before a new hotel was to open in Cancún, Mexico, the owner of the site began marketing the hotel brand.
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Essay: Helping the Stars Take Back the Night
Posted: August 31st, 2008, 6:17am EDT by By JOE SHARKEY
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Darker skies can be achieved with new products and technologies, generating real benefits not only for astronomers but also for businesses.
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Billionaires’ Yacht Rivalry Spills Into Courtroom
Posted: August 31st, 2008, 3:43am EDT by By JONATHAN D. GLATER
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Two billionaires are fighting over whether the rules for the next America’s Cup disqualify a $10 million yacht.
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DataBank: Stocks Waffle, Then Dip on Spending News
Posted: August 31st, 2008, 2:13am EDT by By PRADNYA JOSHI
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The major stock indexes zigzagged through the week but ultimately ended lower.
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Preoccupations: Girl Power at School, but Not at the Office
Posted: August 31st, 2008, 2:00am EDT by By HANNAH SELIGSON
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New female college graduates, raised in a post-feminist culture, can have a hard time adjusting to a workplace where gender bias still exists.
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The Boss: Goal by Goal
Posted: August 31st, 2008, 1:58am EDT by By STEVEN A. DAVIS; as told to GLENN RIFKIN
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Steven A. Davis is the chief executive of Bob Evans Farms in Columbus, Ohio.
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Career Couch: Keeping a Job Search Under the Radar
Posted: August 31st, 2008, 1:57am EDT by By MARCI ALBOHER
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If you are properly cultivating your career — regularly meeting with contacts, attending industry events and being active on social networking sites — a hunt for new work shouldn’t be noticeable.
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Strategies: To Make a Stock Pop, Innovate
Posted: August 31st, 2008, 1:50am EDT by By MARK HULBERT
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There is a big temptation for companies to cut their R.& D. spending, especially during bear markets. But such thinking is shortsighted, a study says.
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Letter: Planes, Fees and Automobiles
Posted: August 31st, 2008, 1:49am EDT
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Letter about the article “At Least the Airsickness Bags Are Free,” published on Aug. 17.
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Letters: Staying Connected, but Not to Ourselves
Posted: August 31st, 2008, 1:49am EDT
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Letters about the article “Connected, Yes, but Hermetically Sealed,” published on Aug. 24.
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Discounts Beckon in Closed-End Funds
Posted: August 31st, 2008, 1:48am EDT by By CONRAD DE AENLLE
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Closed-end funds, particularly during skittish times, can be much more interesting investment vehicles than the more well-known exchange-traded funds.
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Novelties: Lines and Bubbles and Bars, Oh My! New Ways to Sift Data
Posted: August 31st, 2008, 1:47am EDT by By ANNE EISENBERG
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An experimental Web site allows users to upload the data they want to visualize, then try sophisticated tools to generate interactive displays.
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The Count: Keeping an Eye on the Low Point of the Pay Scale
Posted: August 31st, 2008, 1:42am EDT by By PHYLLIS KORKKI
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Opinions vary on the minimum wage, but it has been a part of working life since 1938, when the federal Fair Labor Standards Act became law.
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Economic View: Is History Siding With Obama’s Economic Plan?
Posted: August 31st, 2008, 1:28am EDT by By ALAN S. BLINDER
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The United States economy has grown faster, on average, under Democratic presidents than under Republicans, a new book says.
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Everybody’s Business: Obama’s Questionable Stimulus Plan
Posted: August 31st, 2008, 1:16am EDT by By BEN STEIN
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The effects of stimulus plans are debatable, and financing them by taxing oil companies, whose shareholders for the most part are not rich, does not seem fair.
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Hotel Developer Lands in Red Ink, Despite Boldface Names
Posted: August 31st, 2008, 1:13am EDT by By CHRISTINE HAUGHNEY
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Robert Falor once cut deals with such people as Nicky Hilton or Rande Gerber, but he has been left penniless after squandering business funds and now faces his old partners in court.
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Fair Game: Muni Bonds’ No-Tell Habits
Posted: August 31st, 2008, 1:02am EDT by By GRETCHEN MORGENSON
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Municipal bonds are considered a safe bet, but their risks are ill-disclosed.
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Consumed: Ultimate Branding
Posted: August 31st, 2008, 12:57am EDT by By ROB WALKER
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A clothing line promises the “lifestyle” of people who kick one another in the face.
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Hey, Big Number, Make Room for the Rest of Us
Posted: August 30th, 2008, 11:52pm EDT by By LOUIS UCHITELLE
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The gross domestic product is all well and good, but as a stand-in gauge for the nation’s overall well-being, this supernumber is less than perfect.
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Suits: Models Too Thin? A Store Says Yes
Posted: August 30th, 2008, 2:45pm EDT
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When Peter Simons, president of La Maison Simons department stores in Quebec, returned from a vacation last Sunday, he had more than the usual backlog of e-mail. About 300 customers had written to complain about the extreme thinness of the adult models featured in the store’s 36-page back-to-school clothing catalog.
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Weak Quarterly Growth for Canada
Posted: August 30th, 2008, 4:12am EDT by By REUTERS
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Canada’s economy grew by a weaker-than-expected 0.3 percent in the second quarter, as global demand waned for exports like autos, forestry products and machinery.
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Allianz in ‘Advanced Talks’ on Dresdner Sale
Posted: August 30th, 2008, 4:12am EDT by By CARTER DOUGHERTY
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With the planned sale of Dresdner Bank to Commerzbank, Allianz is set to abandon the biggest experiment in German finance of the last decade in favor of a global trend: focusing on core competencies.
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Oxygen Cylinder Cited in Qantas Explosion
Posted: August 30th, 2008, 3:31am EDT by By TIM JOHNSTON
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Australian investigators confirmed that an exploding oxygen cylinder blew a hole in the side of a Qantas airliner last month, but they are still unsure about why.
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Your Money: Automated Bill Payments Are a Cinch (Not So Fast)
Posted: August 30th, 2008, 2:54am EDT by By RON LIEBER
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After extolling the virtues of automated bill payments, I heard from many wary readers. Here are their reasons.
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Surge in Natural Gas Cars Has Utah Driving Cheaply
Posted: August 30th, 2008, 2:36am EDT by By CLIFFORD KRAUSS
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Utah has become the first state to experience broad consumer interest in the idea of running cars on clean natural gas.
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Internet Traffic Begins to Bypass the U.S.
Posted: August 30th, 2008, 2:19am EDT by By JOHN MARKOFF
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The increasing flow of data around the United States may have intelligence, and possibly military, consequences.
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Obama’s Speech Is a TV Hit, With Viewers and Commentators Alike
Posted: August 30th, 2008, 1:31am EDT by By BRIAN STELTER and JIM RUTENBERG
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The speech’s ratings dwarfed the audience for the Summer Olympics and the season finale of “American Idol” in May.
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Market Values: Small Firms May Offer Big Returns
Posted: August 30th, 2008, 1:11am EDT by By CONRAD DE AENLLE
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Companies with substantial net cash on their books are often working through difficulties, and many factors determine whether they truly are bargains for investors.
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Reprieve for a County Near Bankruptcy
Posted: August 30th, 2008, 1:07am EDT by By REUTERS
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Jefferson County in Alabama and its lenders pulled back from the brink of a threatened bankruptcy filing after the county proposed restructuring $3.2 billion of sewer debt.
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With Software, Till Tampering Is Hard to Find
Posted: August 30th, 2008, 1:07am EDT by By ROY FURCHGOTT
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Thanks to a software program called a zapper, even technologically illiterate restaurant and store owners can siphon cash from registers and cheat tax officials.
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Stocks & Bonds: Shares Fall on Slow Consumer Spending
Posted: August 30th, 2008, 1:05am EDT by By THE ASSOCIATED PRESS
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Wall Street tumbled on Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.
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Real Estate Lender Is 10th Bank to Fail This Year
Posted: August 30th, 2008, 12:54am EDT by By THE ASSOCIATED PRESS
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Integrity Bank of Alpharetta, Ga., on Friday became the 10th United States bank to fail so far this year, hurt by the very business it was built on — real estate lending.
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Nintendo Lifts Forecast on Strong Sales of Wii
Posted: August 30th, 2008, 12:54am EDT by By THE ASSOCIATED PRESS
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The video game maker raised its fiscal-year profit forecast by 26 percent from an earlier figure, citing healthy sales of its Wii home console and DS hand-held game machines.
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Microsoft to Buy European Shopping Comparison Site
Posted: August 30th, 2008, 12:54am EDT by By REUTERS
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Microsoft has agreed to buy Greenfield Online, the owner of a European price comparison Web site ciao.com, for about $486 million.
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Comcast to Place a Cap on Internet Downloads
Posted: August 30th, 2008, 12:53am EDT by By BRIAN STELTER
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Comcast, one of the country’s largest Internet providers, will put a 250 gigabyte-a-month cap on residential users, a move certain to create tension.
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Bankruptcy Filing Nudges Alitalia Toward a Rescue
Posted: August 30th, 2008, 12:53am EDT by By CAROLINE BROTHERS
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The struggling state-owned Italian airline Alitalia, which is trying to clear the way for a sale to private investors, said Friday that it had filed for bankruptcy protection.
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OFF THE CHARTS | Shallow Recessions, Shallow Recoveries
Posted: August 30th, 2008, 12:52am EDT by By FLOYD NORRIS
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Economic recoveries in the decade after World War II were brisk affairs, but then they slowed. After stabilizing in the 1980s and 1990s, they seem to have taken another step down.
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Consumer Spending Slowed for a Second Month
Posted: August 30th, 2008, 12:49am EDT by By CATHERINE RAMPELL
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Spending slowed for the second consecutive month and personal income fell as the effect of economic stimulus checks tapered off and inflation lingered, the Commerce Department said.
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Russia to Ban Imports of Some U.S. Poultry
Posted: August 30th, 2008, 12:47am EDT by By REUTERS
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Russia will ban imports from 19 producers in the United States and warned that an additional 29 suppliers face a possible ban on health and safety grounds.
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Saturday Interview: Building a Young Audience at Ballparks
Posted: August 30th, 2008, 12:47am EDT by By JUSTON JONES
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Maxine Clark, the chairwoman and chief executive of Build-a-Bear Workshop, discusses setting up retail stores in baseball stadiums.
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Pellicano and a Lawyer Convicted in Wiretapping
Posted: August 30th, 2008, 12:45am EDT by By BROOKS BARNES
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Anthony Pellicano and Terry N. Christensen were convicted Friday in the wiretapping of the ex-wife of the investor Kirk Kerkorian in a child-support case.
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Talking Business: The Kettle? The Pot Says He’s Black
Posted: August 30th, 2008, 12:43am EDT by By Joe Nocera
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Some readers argued that Carl C. Icahn wasn’t practicing what he preached when he took on Yahoo. They have a point.
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The Bank Account That Sprang a Leak
Posted: August 30th, 2008, 12:38am EDT by By DIANA B. HENRIQUES
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Event the wealthy are vulnerable to automated clearing house fraud, theft involving unauthorized electronic transfers through the automated networks that connect the world’s bank accounts.
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Business Briefing | Company News: Union Urges a Strike at Boeing
Posted: August 30th, 2008, 12:35am EDT by By BLOOMBERG NEWS
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The Boeing Company’s largest union urged members to reject a contract offer next week and walk off the job in a strike that would shut production and may further delay the 787 Dreamliner.
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Business Briefing | International Business: European Index of Economic Confidence Slumps
Posted: August 30th, 2008, 12:34am EDT by By BLOOMBERG NEWS
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Europeans’ confidence fell more than forecast this month as the economy teetered on the brink of a recession.
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Business Briefing | Company News: Early Retirement Packages for G.M. Salaried Workers
Posted: August 30th, 2008, 12:34am EDT by By THE ASSOCIATED PRESS
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The General Motors Corporation has started to offer early retirement packages to white-collar workers as part of a plan to cut 15 percent of its salaried jobs in the United States and Canada.
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Business Briefing | Courts: Appellate Panel Bars Tests for Mad Cow Disease
Posted: August 30th, 2008, 12:34am EDT by By THE ASSOCIATED PRESS
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A federal appeals court has ruled that the government can prohibit meat packers from testing their animals for mad cow disease.
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Business Briefing | Courts: Linens ’n Things Files Reorganization Plan
Posted: August 30th, 2008, 12:33am EDT by By REUTERS
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The home goods retailer Linens ’n Things filed a plan of reorganization that will allow the company to emerge from bankruptcy early next year.
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Goldman Buying Assets of Top Puerto Rican Bank
Posted: August 29th, 2008, 8:42pm EDT by By REUTERS
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Puerto Rico’s largest banks, Popular, said it would sell the loan and servicing assets of its $1.17 billion American mortgage unit to Goldman Sachs to improve liquidity and reduce risky assets.
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Heads Up | Hotel Upgrades: You’re Giving Me That Room? No Way
Posted: August 28th, 2008, 2:01pm EDT by By GERALDINE FABRIKANT
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Asking to be moved is easy for some, hard for others. Find out how to increase your odds of getting a better room. (Tips help.)
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Oil Prices Fall as Storm Heads Toward Gulf
Posted: August 28th, 2008, 1:33pm EDT by By CLIFFORD KRAUSS
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Oil producers and refiners began halting production and evacuating workers from facilities in the Gulf of Mexico, anticipating that Tropical Storm Gustav could pick up speed.
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Oil Prices Fall as Storm Heads Toward Gulf
Posted: August 28th, 2008, 1:33pm EDT by By CLIFFORD KRAUSS
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Oil producers and refiners began halting production and evacuating workers from facilities in the Gulf of Mexico, anticipating that Tropical Storm Gustav could pick up speed.
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Chinese Officials Accused of Embezzlement
Posted: August 28th, 2008, 1:27pm EDT by By DAVID BARBOZA
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A report from China’s top auditor says that ten central government departments “misused or embezzled” more than $660 million last year.
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Chinese Officials Accused of Embezzlement
Posted: August 28th, 2008, 1:27pm EDT by By DAVID BARBOZA
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A report from China’s top auditor says that ten central government departments “misused or embezzled” more than $660 million last year.
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Court Upholds Dismissal of Tax Case Against 13
Posted: August 28th, 2008, 1:19pm EDT by By THE ASSOCIATED PRESS
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The appeals court said the federal government interfered with KPMG’s practice of providing legal assistance to its employees by pressuring KPMG to limit or end the practice.
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Struggling Lehman Plans to Lay Off 1,500
Posted: August 28th, 2008, 12:59pm EDT by By JENNY ANDERSON and ERIC DASH
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The ailing Wall Street bank plans to lay off as many as 1,500 employees, or nearly 6 percent of its work force, before it announces third-quarter results on Sept. 15.
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State of the Art: New Nikon Holds a Secret
Posted: August 28th, 2008, 12:29pm EDT by By DAVID POGUE
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The Nikon D90 camera, arriving in stores next month, has the features and performance of a single-lens reflex, and can record high-definition video.
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State of the Art: New Nikon Holds a Secret
Posted: August 28th, 2008, 12:29pm EDT by By DAVID POGUE
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The Nikon D90 camera, arriving in stores next month, has the features and performance of a single-lens reflex, and can record high-definition video.
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China and Iraq Reach $3 Billion Oil Deal
Posted: August 28th, 2008, 10:20am EDT by By THE ASSOCIATED PRESS
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China and Iraq have signed a $3 billion deal revising a deal for China’s biggest oil company to help develop an oil field, according to the Iraqi Embassy in Beijing.
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China and Iraq Reach $3 Billion Oil Deal
Posted: August 28th, 2008, 10:20am EDT by By THE ASSOCIATED PRESS
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China and Iraq have signed a $3 billion deal revising a deal for China’s biggest oil company to help develop an oil field, according to the Iraqi Embassy in Beijing.
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2nd-Quarter G.D.P. Revised Higher
Posted: August 28th, 2008, 10:09am EDT by By MICHAEL M. GRYNBAUM
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Gross domestic product increased at a 3.3 percent annual rate in the quarter, the government said, which was much better than its initial estimate.
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Sears Struggles Continue; Profit Falls 62%
Posted: August 28th, 2008, 9:38am EDT by By THE ASSOCIATED PRESS
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The retailer also delivered a downbeat outlook, predicting that its sales and gross profit margins will continue to be pressured amid a difficult economic environment.
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Quarterly Profit Up 18% at National Bank of Canada
Posted: August 28th, 2008, 9:35am EDT by By REUTERS
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The bank cited better results in its financial markets and retail banking units, as well as a gain on the merger of Canada’s derivatives and stock-exchange operators.
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Quarterly Profit Up 18% at National Bank of Canada
Posted: August 28th, 2008, 9:35am EDT by By REUTERS
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The bank cited better results in its financial markets and retail banking units, as well as a gain on the merger of Canada’s derivatives and stock-exchange operators.
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Profit Down 10% at Toronto-Dominion Bank
Posted: August 28th, 2008, 9:29am EDT by By REUTERS
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The bank said third-quarter net income dropped as a difficult capital markets environment reduced profit in its wholesale business, but it raised its dividend.
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Profit Down 10% at Toronto-Dominion Bank
Posted: August 28th, 2008, 9:29am EDT by By REUTERS
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The bank said third-quarter net income dropped as a difficult capital markets environment reduced profit in its wholesale business, but it raised its dividend.
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Ahold Quarterly Profit Down Sharply
Posted: August 28th, 2008, 9:25am EDT by By THE ASSOCIATED PRESS
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The Dutch grocery chain owner reported a sharp fall in second quarter earnings after selling operations in the same period a year ago.
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Williams-Sonoma Posts Lower Profit and Cuts Forecast
Posted: August 28th, 2008, 9:20am EDT by By REUTERS
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The retailer reported a 29 percent drop in second-quarter profit and cut its third-quarter and full-year forecasts as the weak U.S. economy and slumping housing market hit sales.
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Williams-Sonoma Posts Lower Profit and Cuts Forecast
Posted: August 28th, 2008, 9:20am EDT by By REUTERS
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The retailer reported a 29 percent drop in second-quarter profit and cut its third-quarter and full-year forecasts as the weak U.S. economy and slumping housing market hit sales.
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Tiffany Doubles Profit on Strong Sales Overseas
Posted: August 28th, 2008, 9:00am EDT by By THE ASSOCIATED PRESS
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The luxury goods retailer reported better-than-expected third-quarter earnings but warned that its 2008 results will miss Wall Street’s forecast.
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Tiffany Doubles Profit on Strong Sales Overseas
Posted: August 28th, 2008, 9:00am EDT by By THE ASSOCIATED PRESS
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The jewelry retailer said second-quarter profit jumped to $80.8 million, beating Wall Street expectations, as sales rose by double-digit percentages in Asia and Europe.
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Toyota Cuts Sales Goal, Citing Gas Prices and Slowdown
Posted: August 28th, 2008, 8:07am EDT by By THE ASSOCIATED PRESS
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Citing high fuel costs and a slowdown, the automaker said it now expects to sell fewer vehicles than its early forecast.
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Amgen to Stop Offering Discounts on Anemia Drug
Posted: August 28th, 2008, 7:34am EDT by By ANDREW POLLACK
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The company is halting some pricing practices that critics say were contributing to overuse of its flagship anemia drug Aranesp at a time of mounting concerns about the product’s safety.
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U.S. Moves Toward International Accounting Rules
Posted: August 28th, 2008, 4:07am EDT by By FLOYD NORRIS
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The S.E.C. moved to require all American companies to use international accounting standards by 2016.
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Target Settles Web Suit
Posted: August 28th, 2008, 3:41am EDT by By THE ASSOCIATED PRESS
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Target has agreed to pay $6 million in damages to plaintiffs in California unable to use its online site as part of a class-action settlement with the National Federation of the Blind.
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Target Settles Web Suit
Posted: August 28th, 2008, 3:41am EDT by By THE ASSOCIATED PRESS
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Target has agreed to pay $6 million in damages to plaintiffs in California unable to use its online site as part of a class-action settlement with the National Federation of the Blind.
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Stocks & Bonds: Report Signaling Consumer Confidence Lifts Markets
Posted: August 28th, 2008, 3:39am EDT by By THE ASSOCIATED PRESS
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Wall Street posted a big advance after a larger-than-expected increase in orders for durable goods, indicating that the economy is stronger than many investors thought.
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Stocks & Bonds: Report Signaling Consumer Confidence Lifts Markets
Posted: August 28th, 2008, 3:39am EDT by By THE ASSOCIATED PRESS
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Wall Street posted a big advance after a larger-than-expected increase in orders for durable goods, indicating that the economy is stronger than many investors thought.
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Clothing Retailers Post Better Results Than Expected
Posted: August 28th, 2008, 3:32am EDT by By REUTERS
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The Apparel retailers Chico’s FAS and American Eagle Outfitters posted better-than-expected profits despite taking deep markdowns to lure shoppers of all ages, sending their shares higher.
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Clothing Retailers Post Better Results Than Expected
Posted: August 28th, 2008, 3:32am EDT by By REUTERS
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The Apparel retailers Chico’s FAS and American Eagle Outfitters posted better-than-expected profits despite taking deep markdowns to lure shoppers of all ages, sending their shares higher.
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3 Executives Are Leaving Fannie Mae
Posted: August 28th, 2008, 2:04am EDT by By REUTERS
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Fannie Mae said three of its top executives were leaving as the company tries to cope with mounting losses from the troubles in the housing market.
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3 Executives Are Leaving Fannie Mae
Posted: August 28th, 2008, 2:04am EDT by By REUTERS
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Fannie Mae said three of its top executives were leaving as the company tries to cope with mounting losses from the troubles in the housing market.
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Ricoh Buys Office Equipment Distributor in U.S.
Posted: August 28th, 2008, 2:03am EDT by By REUTERS
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The Japanese copier and printer maker said that it would acquire Ikon Office Solutions for about $1.62 billion to help it expand overseas.
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Ricoh Buys Office Equipment Distributor in U.S.
Posted: August 28th, 2008, 2:03am EDT by By REUTERS
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The Japanese copier and printer maker said that it would acquire Ikon Office Solutions for about $1.62 billion to help it expand overseas.
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Practically Speaking: For American Restaurateurs, It’s Hard to Get a Break
Posted: August 28th, 2008, 1:51am EDT by By MICKEY MEECE
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As European proprietors are preparing to reopen after extended holidays, American restaurant owners are just trying to catch a second wind following a taxing summer.
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Practically Speaking: For American Restaurateurs, It’s Hard to Get a Break
Posted: August 28th, 2008, 1:51am EDT by By MICKEY MEECE
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As European proprietors are preparing to reopen after extended holidays, American restaurant owners are just trying to catch a second wind following a taxing summer.
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Advertising: Major League Baseball Is Blogging Its Way Through the Playoffs
Posted: August 28th, 2008, 1:48am EDT by By TIM ARANGO
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Baseball’s playoff advertising push gets under way Thursday, when the first spots of the league’s largest ever campaign are broadcast.
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Advertising: Major League Baseball Is Blogging Its Way Through the Playoffs
Posted: August 28th, 2008, 1:48am EDT by By TIM ARANGO
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Baseball’s playoff advertising push gets under way Thursday, when the first spots of the league’s largest ever campaign are broadcast.
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Chrysler Explores Sale of Dodge Viper Unit
Posted: August 28th, 2008, 1:41am EDT by By REUTERS
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The automaker said it was considering options for the sports car unit as it tries to raise cash to ride out a deepening industry downturn in the United States.
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Chrysler Explores Sale of Dodge Viper Unit
Posted: August 28th, 2008, 1:41am EDT by By REUTERS
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The automaker said it was considering options for the sports car unit as it tries to raise cash to ride out a deepening industry downturn in the United States.
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Orders for Manufactured Goods Beat Forecasts
Posted: August 28th, 2008, 1:40am EDT by By CATHERINE RAMPELL
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Durable goods orders rose a surprising 1.3 percent, and a gauge of business investment also rose unexpectedly.
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Orders for Manufactured Goods Beat Forecasts
Posted: August 28th, 2008, 1:40am EDT by By CATHERINE RAMPELL
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Durable goods orders rose a surprising 1.3 percent, and a gauge of business investment also rose unexpectedly.
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Olavo Setubal, a Brazilian Bank Chief, Dies at 85
Posted: August 28th, 2008, 1:10am EDT by By THE ASSOCIATED PRESS
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Mr. Setubal was a former foreign minister who also helped build one of Brazil’s largest banks, Banco Itaú.
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Olavo Setubal, a Brazilian Bank Chief, Dies at 85
Posted: August 28th, 2008, 1:10am EDT by By THE ASSOCIATED PRESS
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Mr. Setubal was a former foreign minister who also helped build one of Brazil’s largest banks, Banco Itaú.
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Research Company Loses One Suitor and Rejects Another
Posted: August 28th, 2008, 1:02am EDT by By DAVID JOLLY
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The British market research company Taylor Nelson Sofres rejected again a hostile bid from the WPP Group, but analysts said the company would have difficulty evading WPP.
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Research Company Loses One Suitor and Rejects Another
Posted: August 28th, 2008, 1:02am EDT by By DAVID JOLLY
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The British market research company Taylor Nelson Sofres rejected again a hostile bid from the WPP Group, but analysts said the company would have difficulty evading WPP.
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As Food Prices Soar, Brazil and Argentina React in Opposite Ways
Posted: August 28th, 2008, 1:00am EDT by By ANDREW DOWNIE
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In Brazil, the government is encouraging farmers to produce more for export while prices are high. But Argentina is focused on encouraging farmers to sell more at home.
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Industry Rethinks Moneymaking Software Practice
Posted: August 28th, 2008, 1:00am EDT by By MATT RICHTEL
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Before they ship PCs to retailers like Best Buy, computer makers get paid hundreds of millions of dollars to load them up with lots of free software. For $30, Best Buy will get rid of it for you.
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U.S. to Ease Pressure Tactic Over Legal Help for Employees
Posted: August 28th, 2008, 12:58am EDT by By ERIC LICHTBLAU
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The Justice Department will roll back a set of rules that penalized companies if they insisted on paying employees’ legal fees or protecting their confidential communications with corporate lawyers.
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Xcel to Disclose Global Warming Risks
Posted: August 28th, 2008, 12:53am EDT by By NICHOLAS CONFESSORE
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The New York attorney general announced an agreement that would require Xcel Energy, a builder of coal-fired plants, to disclose to investors the financial risks of global warming.
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MBIA to Aid Troubled Bond Insurer
Posted: August 28th, 2008, 12:51am EDT by By THE ASSOCIATED PRESS
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MBIA agreed to take control of nearly $200 billion of municipal bonds currently backed by a rival bond insurer, in a move that could help its competitor avoid bankruptcy.
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TiVo Posts Profit as Revenue Rises 4%
Posted: August 27th, 2008, 9:27pm EDT by By THE ASSOCIATED PRESS
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TiVo posted a quarterly profit for only the third time in its 11-year history as the pioneer in digital video recorders improved margins on hardware and reduced marketing costs.
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TiVo Posts Profit as Revenue Rises 4%
Posted: August 27th, 2008, 9:27pm EDT by By THE ASSOCIATED PRESS
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TiVo posted a quarterly profit for only the third time in its 11-year history as the pioneer in digital video recorders improved margins on hardware and reduced marketing costs.
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Cities Debate Privatizing Public Infrastructure
Posted: August 27th, 2008, 2:16pm EDT by By JENNY ANDERSON
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Governments are overcoming their wariness of private funds as they struggle to finance public improvements.
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Cities Debate Privatizing Public Infrastructure
Posted: August 27th, 2008, 2:16pm EDT by By JENNY ANDERSON
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Governments are overcoming their wariness of private funds as they struggle to finance public improvements.
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The Energy Challenge: Wind Energy Bumps Into Power Grid’s Limits
Posted: August 27th, 2008, 12:07pm EDT by By MATTHEW L. WALD
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Clean energy’s dirty secret is that while generating it is getting easier, moving it to market is not.
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Flights Delayed by Communications Problems
Posted: August 26th, 2008, 11:15pm EDT by By MICHELINE MAYNARD
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The F.A.A. said on Tuesday that computer problems were causing delays at airports across the country.
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Serving Architects, Consultants in Everything Green Become Mainstays
Posted: August 26th, 2008, 11:09pm EDT by By LISA CHAMBERLAIN
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A growing cadre of consultants are specializing in helping developers and architects gain approval from the U.S. Green Building Council through its LEED certification program.
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Fear of Defaults After a Flurry of Apartment House Sales
Posted: August 26th, 2008, 11:07pm EDT by By TERRY PRISTIN
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The recent disclosure that the owners of Riverton Houses, a 1,228-unit apartment complex in Harlem, might default on their loan has shocked the real estate industry.
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At Disney, Blu-ray Sales Team Is a Cast of Characters
Posted: August 26th, 2008, 11:02pm EDT by By BROOKS BARNES
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Disney has put together a marketing campaign using Pinocchio and Snow White to accelerate consumer adoption of next-generation DVD technology and boost sales.
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Jury Awards $100 Million to Mattel
Posted: August 26th, 2008, 10:57pm EDT by By THE ASSOCIATED PRESS
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A federal jury awarded Mattel $100 million in a copyright lawsuit that pitted the maker of Barbie against the maker of the Bratz dolls, MGA Entertainment.
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Data Points to Downturn in Germany, With a Ripple Effect Feared
Posted: August 26th, 2008, 10:48pm EDT by By CARTER DOUGHERTY
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The odds of a mild recession in Germany rose significantly Tuesday, as data showed the outlook for business had plunged to its lowest level since a downturn in 1993.
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More Weakness Expected Among Banks
Posted: August 26th, 2008, 4:15pm EDT by By ERIC DASH
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The Federal Deposit Insurance Corporation warned that the nation’s ailing banking industry was likely to weaken further and raised the number of “problem” lenders.
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Sports Marketing’s Rise in China Brings Out the Stars
Posted: August 26th, 2008, 4:01pm EDT by By DAVID BARBOZA
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The Olympics’ star athletes are hoping to cash in on Chinas’s boom in sports marketing and sponsorship deals.
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Home Prices Continue Decline
Posted: August 26th, 2008, 3:41pm EDT by By MICHAEL M. GRYNBAUM
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Prices fell again in June, but a separate report showed that more Americans bought new homes in July.
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Next Fed Move Probably Higher, Minutes Show
Posted: August 26th, 2008, 3:36pm EDT by By MICHAEL M. GRYNBAUM
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The rate would be raised in an effort to slow inflation, but Fed policy makers have not agreed to a timetable for the move, documents show.
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Smithfield Foods Swings to Loss
Posted: August 26th, 2008, 3:20pm EDT by By THE ASSOCIATED PRESS
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The nation’s largest hog producer posted a loss of $12.6 million in the first quarter, due in part to a $20.1 million write-down in the value of commodity contracts.
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Chico’s and American Eagle Post Sharply Lower Profits
Posted: August 26th, 2008, 1:10pm EDT by By REUTERS
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Weaker sales and increased markdowns needed to move unsold merchandise hurt the apparel retailers in the second quarter, but they both managed to beat analysts’ estimates.
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Indian Oil Producer Bids for British Rival
Posted: August 26th, 2008, 12:42pm EDT by By HEATHER TIMMONS
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The acquisition of Imperial Energy by ONGC is the second Indian takeover of a British company in as many days.
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Iron Ore Demand Fuels Record Quarter at Rio Tinto
Posted: August 26th, 2008, 12:34pm EDT by By DAVID JOLLY
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The global mining company said net income had more than doubled to $6.9 billion in the period, lifted by booming Asian demand for iron ore and the acquisition of Alcan.
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Frequent Flier: Tolerating Coach Seats and Herding Colleagues, All for Client Visits
Posted: August 26th, 2008, 12:30pm EDT by By JOAN RAYMOND
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I love my job and I love meeting clients. But when I was in college, I imagined the business trip as being something glamorous. I was so wrong.
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Advertising: Thinking of You (Especially the Media Buyers)
Posted: August 26th, 2008, 12:28pm EDT by By STUART ELLIOTT
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Hallmark Magazine has started to send special greeting cards to the decision makers at media agencies to encourage them to buy advertising pages for their clients.
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Laws and Consumer Demand Lead to Better Headsets
Posted: August 26th, 2008, 12:28pm EDT by By SUSAN STELLIN
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With some states now banning drivers from holding a cellphone, business travelers have one more gadget to pack when they visit these states: a headset.
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Average U.S. Income Showed First Rise Over 2000
Posted: August 26th, 2008, 12:27pm EDT by By DAVID CAY JOHNSTON
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Gross income rose 1.2 percent in 2006 dollars compared to 2000, the time when the last economic expansion ended, the latest tax data show.
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Communities Become Home Buyers to Fight Decay
Posted: August 26th, 2008, 12:20pm EDT by By VIKAS BAJAJ
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Several big cities are using tax dollars and private funds to buy and refurbish foreclosed properties to help declining neighborhoods survive.
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New Stadiums: Prices, and Outrage, Escalate
Posted: August 26th, 2008, 12:19pm EDT by By RICHARD SANDOMIR
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As fans look forward to state-of-the-art stadiums, they face ticket price increases during an economic downturn.
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Bank of Montreal Profit Falls as Loss Provisions Jump
Posted: August 26th, 2008, 11:06am EDT by By REUTERS
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The bank reported a bigger-than-expected 21 percent fall in net profit as provisions for credit losses surged and it took charges on the declining value of credit-related securities.
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Russia Backs Away From Some W.T.O. Commitments
Posted: August 26th, 2008, 9:17am EDT by By THE ASSOCIATED PRESS
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Prime Minister Vladimir Putin supported proposals allowing Moscow to back off on some commitments, particularly in agriculture, that it has made in World Trade Organization accession talks.
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Canada Expands Recall of Cold Cuts and Raises Death Toll
Posted: August 26th, 2008, 8:12am EDT by By IAN AUSTEN
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Canadian health officials said 12 deaths were linked to tainted meat and have confirmed 26 cases of Listeriosis, a bacterial illness, saying more were expected.
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Canada’s Largest Drilling Company to Buy a U.S. Rival
Posted: August 26th, 2008, 1:53am EDT by By REUTERS
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Precision Drilling Trust will buy Grey Wolf for $2 billion in cash and stock, creating one of the largest North American oil and gas rig operators, the companies said Monday.
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Rubin Takes Counselor Role in a Board Shift at Citigroup
Posted: August 26th, 2008, 1:48am EDT by By REUTERS
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The former Treasury secretary, Robert E. Rubin, will take the title of senior counselor at the bank after he gives up the chairmanship of the executive committee, which is being dissolved.
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Gulf Countries Remain Tied to the Dollar
Posted: August 26th, 2008, 1:25am EDT by By LANDON THOMAS Jr.
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With the dollar’s modest comeback and oil’s retreat, policy makers in the region have been bolstered in their resolve to keep currency pegs in place.
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Worries About Major Banks Drag Down the Market
Posted: August 26th, 2008, 12:24am EDT by By CATHERINE RAMPELL
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The Dow closed down by more than 240 points after a flurry of disappointing news about several major financial institutions.
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Stanford to Limit Drug Maker Financing
Posted: August 26th, 2008, 12:23am EDT by By GARDINER HARRIS
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Stanford University is concerned about the practice that has led drug makers to pay for the annual refresher courses of most of the country’s doctors.
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On the Road: Sorry, Pal. You’re Innocent, but You’re Still on Our Lists.
Posted: August 26th, 2008, 12:01am EDT by By JOE SHARKEY
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Travelers find that getting their names removed from government terrorism watch lists is a daunting process.
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JPMorgan’s Mortgage Losses Rose in Quarter
Posted: August 25th, 2008, 11:51pm EDT by By REUTERS
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In a filing with regulators on Monday, the bank said the market value of its investments in Fannie Mae and Freddie Mac preferred stock had fallen by half to $600 million this quarter.
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Honda Stays True to Efficient Driving
Posted: August 25th, 2008, 11:45pm EDT by By BILL VLASIC
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In today’s fuel-conscious automotive market, Honda is reaping the rewards for its commitment to building fuel-efficient, environmentally friendly cars.
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DealBook: Summer Story Lines Have Legs
Posted: August 25th, 2008, 11:42pm EDT by By ANDREW ROSS SORKIN
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With Wall Street virtually empty, it is worth trying to peer around the corner to see what will happen when everyone gets back to business after Labor Day.
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Home Sales Increase, and So Do Inventories
Posted: August 25th, 2008, 12:16pm EDT by By MICHAEL M. GRYNBAUM
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The respite for the housing slump came as falling prices appeared to lure more buyers into the market, but the number of homes for sale increased significantly.
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Guiding Forces
Posted: August 25th, 2008, 11:40am EDT by By BENJAMIN M. FRIEDMAN
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How to steer people toward healthier, more prosperous lives, with a little help from the powers that be.
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Web Audience for Games Soars for NBC and Yahoo
Posted: August 25th, 2008, 10:56am EDT by By BRIAN STELTER
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The extent to which the Internet served as a supplement to television was unprecedented, and there were two clear winners: NBC’s Web site and Yahoo’s Olympics section.
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On TV, Timing Is Everything at the Olympics
Posted: August 25th, 2008, 9:31am EDT by By BILL CARTER
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Getting U.S. stars like Michael Phelps to perform live in prime time was just one of the moves that set up the spectacular success NBC achieved in the Beijing Games.
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Drilling Boom Revives Hopes for Natural Gas
Posted: August 25th, 2008, 9:07am EDT by By CLIFFORD KRAUSS
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New technology is pushing down prices and reversing conventional wisdom that U.S. fields were in decline.
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Shift at the Top Emphasizes SAP’s Bottom Line
Posted: August 25th, 2008, 2:44am EDT by By CARTER DOUGHERTY
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Executive changes at the software maker SAP have fed an irresistible narrative in financial markets: the software egghead is yielding to the uncompromising money maker.
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A Home Network Where Your TV Talks to Your Fridge
Posted: August 25th, 2008, 12:54am EDT by By KEVIN J. O’BRIEN
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The leading players in the consumer electronics industry are revamping their audio and video equipment for a future centered on the Internet.
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Media Talk: Caucasus War Draws Interest
Posted: August 25th, 2008, 12:52am EDT by By PRADNYA JOSHI
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How did the Russia-Georgia conflict draw big coverage in a busy news week? The media placed it in a cold war context in terms Americans could grasp.
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Advertising: America’s Commercials at the Olympics
Posted: August 25th, 2008, 12:52am EDT by By STUART ELLIOTT
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A roundup of the Olympic Games from an ad-watcher’s point of view. Some ads were worthy of gold, while others deserved some baser metals.
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The Media Equation: A Campaign Not Filtered by the Press
Posted: August 24th, 2008, 11:35pm EDT by By DAVID CARR
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The Obama team’s direct approach: YouTube and text messages.
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Superheroes to Be Recast for Japan
Posted: August 24th, 2008, 11:32pm EDT by By GEORGE GUSTINES
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Marvel is teaming up with Madhouse, a Japanese animation studio, to create versions of its characters for four series that will premiere in spring 2010 in Japan.
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Looking Ahead: Major Economic Reports for the Week
Posted: August 24th, 2008, 11:25pm EDT by By THE NEW YORK TIMES
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Reports this week will provide updates on the state of the housing market and the broader economy.
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Media Talk: Can Hollywood Help LinkedIn?
Posted: August 24th, 2008, 11:23pm EDT by By BROOKS BARNES
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As LinkedIn struggles to remain relevant in an ever more socially networked world, the Internet company has found a constituency that might need its help.
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Media Talk: What George Orwell Wrote, 70 Years Later to the Day
Posted: August 24th, 2008, 11:23pm EDT by By NOAM COHEN
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George Orwell’s copious diaries are now being published every day in blog form, exactly 70 years after they were made.
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Drilling Down: Preferring the Web Over Watching TV
Posted: August 24th, 2008, 11:20pm EDT by By ALEX MINDLIN
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For children ages 10 to 14 who use the Internet, the computer is a bigger draw than the TV set, according to a recently released study.
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Networks Hope to Find Unique TV Moment at Democratic Convention
Posted: August 24th, 2008, 11:18pm EDT by By BRIAN STELTER
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CNN’s decision to spend close to $100,000 on an aerial camera shot at the Democratic National Convention shows the steps networks are willing to take to compete for viewers.
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Treasury Auctions Set for This Week
Posted: August 24th, 2008, 11:14pm EDT by By THE NEW YORK TIMES
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The Treasury’s schedule of financing this week included Monday’s auction of new three- and six-month bills, and auctions of four-week and one-year bills on Tuesday.
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At the Fed, a Debate Over Countering Inflation Grows Louder
Posted: August 24th, 2008, 11:08pm EDT by By LOUIS UCHITELLE
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Declining oil prices have eased inflationary pressures for the moment, but that hasn’t halted the Federal Reserve’s debate over whether to raise interest rates.
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Crowd Funding: A Different Way to Pay for the News You Want
Posted: August 24th, 2008, 7:41am EDT by By SARAH KERSHAW
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Journalists are turning to the public for ideas and the money to do their investigative reporting.
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How Obama Reconciles Dueling Views on Economy
Posted: August 23rd, 2008, 9:03am EDT by By DAVID LEONHARDT
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Barack Obama is both more left-wing and more right-wing than many people realize. A 15-year debate among economics experts in the Democratic Party helps explain why.
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Electronic Arts Withdraws Offer for Take-Two
Posted: August 18th, 2008, 11:46am EDT by By MATT RICHTEL
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Electronic Arts said that it has withdrawn its $2 billion tender offer to purchase its smaller rival, ending its five-month long hostile takeover bid. Take-Two is asking Electronic Arts to reconsider.
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Lowe’s Profit Drops, but Beats Expectations
Posted: August 18th, 2008, 11:20am EDT by By THE ASSOCIATED PRESS
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The home improvement retailer reported a 7.9 percent decline in second-quarter profit, but topped Wall Street expectations as it benefited from expense controls and government stimulus checks.
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Japanese Bank Buys Rest of UnionBanCal
Posted: August 18th, 2008, 10:22am EDT by By ANDREW ROSS SORKIN and MICHAEL J. de la MERCED
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Mitsubishi UFJ Financial Group, one of Japan’s largest banks, agreed to buy the remaining part of UnionBanCal Corporation that it does not already own for about $3.5 billion.
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‘Thunder’ Dethrones a Batman Blockbuster
Posted: August 18th, 2008, 1:23am EDT by By MICHAEL CIEPLY and BROOKS BARNES
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“Tropic Thunder” took in an estimated $26 million at the weekend box office, knocking “The Dark Knight” out of the No. 1 spot after an extraordinary monthlong run on top.
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Advertising: For 60 Years, the Ad Game Has Been Fodder for Scripts
Posted: August 18th, 2008, 12:51am EDT by By STUART ELLIOTT
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The popularity of the AMC series “Mad Men” is renewing interest in efforts to portray the advertising business on TV and in film.
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Export Boom Helps Farms, but Not American Factories
Posted: August 18th, 2008, 12:51am EDT by By LOUIS UCHITELLE
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A surge in U.S. commodity exports is a relief in an otherwise bleak economy, but it is an unreliable prop for an industrial power.
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Television Starts to Court the Young Voter
Posted: August 18th, 2008, 12:45am EDT by By BRIAN STELTER
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With polls showing a surge in primary-season ballots cast by voters under 30, media outlets are out to convert the newly energized voters into viewers.
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On the Fire Lines, a Shift to Private Contractors
Posted: August 18th, 2008, 12:31am EDT by By JESSE MCKINLEY
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After a series of intense fire seasons, and with increased demands on firefighters nationwide, the front lines of many wildfires are an increasingly public-private partnership.
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In Rural New York, Windmills Can Bring Whiff of Corruption
Posted: August 18th, 2008, 12:21am EDT by By NICHOLAS CONFESSORE
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The wind industry has arrived in force in upstate New York, but some residents say the companies have brought with them an epidemic of corruption and intimidation.
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A Surprise Winner at the Olympic Games in Beijing: NBC
Posted: August 17th, 2008, 10:51pm EDT by By BILL CARTER and RICHARD SANDOMIR
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The Olympics has become the hottest event of the summer, drawing an average audience of about 30 million a night on NBC, far beyond the network’s expectations.
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Media Talk: Fox News Joins a Social Network, but Not Its Parent’s Site
Posted: August 17th, 2008, 10:19pm EDT by By BRIAN STELTER
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Fox News Channel wants more friends. But instead of using the News Corporation’s own social network, it’s choosing to network on the site’s chief rival, Facebook.
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Media Talk: Serving 3 Brands: Burger King, Google and Seth MacFarlane
Posted: August 17th, 2008, 10:19pm EDT by By BROOKS BARNES
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Seth MacFarlane, creator of the “Family Guy,” is teaming up with Google and Burger King to animate both an online series and ads to go with it.
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Media Talk: ‘Gossip Girl’ DVD Extra Tries to Steer Buyers to the Books
Posted: August 17th, 2008, 10:18pm EDT by By ANDREW ADAM NEWMAN
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The DVD set “Gossip Girl: The Complete First Season” includes a free electronic version of the original novel on which the show is based. But — OMG! — it’s an audio book.
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New Web Site Aims to Be Facebook for Sports Fans
Posted: August 17th, 2008, 10:18pm EDT by By RICHARD SANDOMIR
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David Katz believes that his Web site, sportsfanlive.com, will compete well against established sports sites he views as stodgy and too congested for fans to wade through.
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Looking Ahead: The Week’s Major Economic Reports
Posted: August 17th, 2008, 10:13pm EDT by By THE NEW YORK TIMES
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Reports will include housing starts, the Producer Price Index for July, and the Conference Board’s index of leading economic indicators for July.
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Drilling Down: Web Videos Where Ads Are Acceptable
Posted: August 17th, 2008, 10:10pm EDT by By ALEX MINDLIN
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People are far more tolerant of ads when they accompany professionally created content than when they come with homemade video, according to a new survey.
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In Kenya, Mobile Growth Also Benefits Ad Agencies
Posted: August 17th, 2008, 10:08pm EDT by By ERIC PFANNER
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Telecommunications companies are expected to spend about 4.7 billion Kenyan shillings (or $72 million) on advertising this year, according to a Nairobi-based newspaper.
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Topic Pages to Be Hub of New BusinessWeek Site
Posted: August 17th, 2008, 10:08pm EDT by By RICHARD PÉREZ-PEÑA
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BusinessWeek magazine is about to introduce a site that hosts hundreds of topic pages, on subjects as broad as the housing market and as narrow as the Boeing 787.
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Treasury Auctions Set for This Week
Posted: August 17th, 2008, 10:07pm EDT
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The Treasury’s schedule of financing this week includes the regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday.
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Link by Link: Like Politics? Broadcast Your View for Only $6
Posted: August 17th, 2008, 10:04pm EDT by By NOAM COHEN
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Saysme.tv didn’t invent the loudmouth, but, as the company’s logo indicates, it sure hopes to sell him a megaphone.
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The Media Equation: The Enquirer: Even Scandal Can Be News
Posted: August 17th, 2008, 10:04pm EDT by By DAVID CARR
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To those who look at American tabloid culture and say “good riddance,” I say, not so fast.
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Amid Conference Halls and Keynote Speakers, a Rivalry Forms
Posted: August 17th, 2008, 10:04pm EDT by By BRAD STONE
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TechCrunch50, a new entrant in the technology conference market, has sparked a dispute over the ethics of the convention circuit and the fees charged to participants.
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Cost of Retail Survival: 99¢. Or Maybe 99¢ Plus.
Posted: August 17th, 2008, 2:39am EDT by By MICHAEL WILSON
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At many 99-cent stores, the signs still advertise rock-bottom prices, but much of the merchandise costs more.
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Los Angeles Times Announces Hiring of New Publisher
Posted: August 17th, 2008, 2:33am EDT by By THE ASSOCIATED PRESS
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Eddy W. Hartenstein, a former head of DirecTV, will become publisher of The Los Angeles Times, the newspaper reported.
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Square Feet | Ventures: Acres of Farmland and, Maybe, Profits
Posted: August 17th, 2008, 2:20am EDT by By VIVIAN MARINO
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Farmland in general is considered an excellent diversifier: historically, the returns are negatively correlated with stocks but tend to track inflation.
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Stocks Lack Direction Even as Oil Declines
Posted: August 17th, 2008, 2:15am EDT by By JEFF SOMMER
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The price of oil fell during the week while inflation in July rose to a 5.6 percent annual rate, a 17-year high. There was no clear direction for the stock market.
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Letters: Tax Cuts and the Rich
Posted: August 17th, 2008, 2:14am EDT
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Letters in response to a recent article about tax cuts.
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Off the Shelf: A Journalist in B-School Wonderland
Posted: August 17th, 2008, 2:11am EDT by By HARRY HURT III
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“Ahead of the Curve” is a cautionary tale for those who believe that the grass would be greener if only they could jump the fence into the rarefied world of the Masters of Business Administration.
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Economic View: How Fuel Subsidies Drag Down a Nation
Posted: August 17th, 2008, 2:10am EDT by By ROBERT H. FRANK
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When countries adopted bad economic policies in decades past, only their own citizens paid a price. In today’s globalized economy, however, the burden falls more broadly.
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Strategies: Illusions About Inflation
Posted: August 17th, 2008, 2:09am EDT by By MARK HULBERT
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If other things are equal, the value of a company’s future earnings will be lower to the extent that inflation is higher. But other things are not equal when it comes to stocks and inflation.
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Essay: At School, Technology Starts to Turn a Corner
Posted: August 17th, 2008, 2:09am EDT by By STEVE LOHR
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As a new school year begins, the time may have come to reconsider how large a role technology can play in changing education.
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Ping: Digital Designers Rediscover Their Hands
Posted: August 17th, 2008, 2:08am EDT by By G. PASCAL ZACHARY
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A little-noticed movement in the world of professional design and engineering has designers learning to innovate with the aid of their hands.
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The Count: In Most Areas, Home Values Keep Sliding
Posted: August 17th, 2008, 2:07am EDT by By PHYLLIS KORKKI
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The latest housing numbers from Zillow, the real estate research firm, are littered with minus signs.
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Suits: Traversing Time and Place on the Job
Posted: August 17th, 2008, 1:53am EDT
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Josh Bernstein’s horizons are about to become wider with the premiere of his new Discovery Channel series.
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At Least the Airsickness Bags Are Free
Posted: August 17th, 2008, 1:51am EDT by By MICHELINE MAYNARD
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In just a few short months, the airlines have discovered to their glee that their customers are willing to pay for most everything from checked bags to pillows and blankets.
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Fair Game: A Bond Market, Starved for Sunshine
Posted: August 17th, 2008, 1:45am EDT by By GRETCHEN MORGENSON
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Nowhere is disclosure more urgent than in the $2.6 trillion municipal securities market, an arena where information is scant.
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Looking for Swing Votes in the Boardroom
Posted: August 17th, 2008, 1:21am EDT by By NELSON D. SCHWARTZ and STEVE LOHR
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As both presidential candidates prepare for the party conventions and publicly spar over economic issues and energy policy, they are also trying to win over big business.
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Television: Is Jon Stewart the Most Trusted Man in America?
Posted: August 17th, 2008, 12:41am EDT by By MICHIKO KAKUTANI
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Jon Stewart says his job is just throwing spitballs. But in satirizing a world that defies satire, “The Daily Show” delivers both news and morality.
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Practical Traveler | Airline Food: Hungry at 30,000 Feet? Pay Up
Posted: August 16th, 2008, 11:31pm EDT by By MICHELLE HIGGINS
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Get a sampling of the current food and drink policies for flights within the United States, and what you can expect to shell out for a little sustenance.
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Been There, Done That, Don’t Have the T-Shirt
Posted: August 16th, 2008, 8:25pm EDT by By CHARLES MCGRATH
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The Chinese must not understand the cheesy side of capitalism yet, because someone has clearly missed a big chance to cash in.
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In the Region | New Jersey: A Native Son’s Plans for Newark
Posted: August 16th, 2008, 6:15pm EDT by By ANTOINETTE MARTIN
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The $90 million project planned for a redevelopment site near the New Jersey Performing Arts Center overlooking the Passaic River will become the third-tallest structure in Newark.
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On Language: No Docs
Posted: August 16th, 2008, 1:51am EDT by By JACK ROSENTHAL
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A sub subprime glossary for the mortgage scandal.
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Dr. Doom
Posted: August 16th, 2008, 1:04am EDT by By STEPHEN MIHM
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Two years ago, Nouriel Roubini predicted the current economic crisis. Now he sees things becoming far worse.
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Consumed: The Sole of a Worker
Posted: August 15th, 2008, 5:48pm EDT by By ROB WALKER
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A simple shoe popular among Chinese laborers gets a style makeover for the Western consumer.
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Classified Matters
Posted: August 15th, 2008, 12:41pm EDT by By EDWARD LEWINE
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How a battle over the ranking of St. Émilion chateaus may change the way we value wine.
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Weak Retail Sales Report Sends Stocks Down
Posted: August 13th, 2008, 1:05pm EDT by By MICHAEL M. GRYNBAUM
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Retail sales fell in July, the weakest performance in five months, as economic woes combined to blunt the impact of government stimulus payments.
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Study Tallies Corporations Not Paying Income Tax
Posted: August 13th, 2008, 1:00pm EDT by By LYNNLEY BROWNING
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Two out of every three United States corporations paid no federal income taxes from 1998 through 2005, according to a report by the Government Accountability Office.
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Study Tallies Corporations Not Paying Income Tax
Posted: August 13th, 2008, 1:00pm EDT by By LYNNLEY BROWNING
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Two out of every three United States corporations paid no federal income taxes from 1998 through 2005, according to a report by the Government Accountability Office.
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Genentech Rejects Takeover Bid From Roche
Posted: August 13th, 2008, 11:43am EDT by By ANDREW POLLACK
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The biotechnology giant Genentech turned down a buyout offer from its majority owner Roche, saying the $43.7 billion takeover bid undervalues the company.
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TJX Reports Higher Profit as Shoppers Seek Bargains
Posted: August 13th, 2008, 11:17am EDT by By THE ASSOCIATED PRESS
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TJX, the discount fashion retailer, said that its second-quarter profit had more than tripled from a year ago.
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TJX Reports Higher Profit as Shoppers Seek Bargains
Posted: August 13th, 2008, 11:17am EDT by By THE ASSOCIATED PRESS
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TJX, the discount fashion retailer, said that its second-quarter profit had more than tripled from a year ago.
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Higher Costs Lower Profit at Deere
Posted: August 13th, 2008, 10:59am EDT by By REUTERS
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The world’s largest maker of farm machinery reported lower-than-expected sales and profit in the latest quarter and as high raw material costs hurt profit.
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Higher Costs Lower Profit at Deere
Posted: August 13th, 2008, 10:59am EDT by By REUTERS
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The world’s largest maker of farm machinery reported lower-than-expected sales and profit in the latest quarter and as high raw material costs hurt profit.
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Macy’s Earnings Fall Slightly in Quarter
Posted: August 13th, 2008, 9:23am EDT by By THE ASSOCIATED PRESS
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The department store owner reported that second-quarter earnings declined slightly from the period a year ago as it faced a challenging economic environment.
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Macy’s Earnings Fall Slightly in Quarter
Posted: August 13th, 2008, 9:23am EDT by By THE ASSOCIATED PRESS
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The department store owner reported that second-quarter earnings declined slightly from the period a year ago as it faced a challenging economic environment.
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TV Networks Rewrite the Definition of a News Bureau
Posted: August 13th, 2008, 9:07am EDT by By BRIAN STELTER
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CNN, which will assign to 10 cities journalists who will borrow office space and use laptops, is hardly alone in its approach.
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TV Networks Rewrite the Definition of a News Bureau
Posted: August 13th, 2008, 9:07am EDT by By BRIAN STELTER
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CNN, which will assign to 10 cities journalists who will borrow office space and use laptops, is hardly alone in its approach.
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Before the Gunfire, Cyberattacks
Posted: August 13th, 2008, 8:31am EDT by By JOHN MARKOFF
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Weeks before physical bombs fell on Georgia, a security researcher was watching an attack against the country in cyberspace.
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Before the Gunfire, Cyberattacks
Posted: August 13th, 2008, 8:31am EDT by By JOHN MARKOFF
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Weeks before physical bombs fell on Georgia, a security researcher was watching an attack against the country in cyberspace.
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Advertising: A Film on the Trucking Life Also Promotes a Big Rig
Posted: August 13th, 2008, 3:43am EDT by By STUART ELLIOTT
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A documentary film about truck drivers is being underwritten by a division of the Navistar International Corporation to help promote a new long-haul truck.
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Advertising: A Film on the Trucking Life Also Promotes a Big Rig
Posted: August 13th, 2008, 3:43am EDT by By STUART ELLIOTT
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A documentary film about truck drivers is being underwritten by a division of the Navistar International Corporation to help promote a new long-haul truck.
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Best Buy Will Sell the iPhone
Posted: August 13th, 2008, 2:40am EDT by By REUTERS
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Best Buy will be the first national retailer to sell Apple Inc.’s iPhone in the United States.
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Best Buy Will Sell the iPhone
Posted: August 13th, 2008, 2:40am EDT by By REUTERS
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Best Buy will be the first national retailer to sell Apple Inc.’s iPhone in the United States.
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Mortgage Giants Find a Bright Spot in Rental Financing
Posted: August 13th, 2008, 1:15am EDT by By TERRY PRISTIN
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Financing for multifamily housing represents only a small portion of Fannie Mae and Freddie Mac’s business, but it has been positive for both of them.
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Mortgage Giants Find a Bright Spot in Rental Financing
Posted: August 13th, 2008, 1:15am EDT by By TERRY PRISTIN
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Financing for multifamily housing represents only a small portion of Fannie Mae and Freddie Mac’s business, but it has been positive for both of them.
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Mechanism for Credit Is Still Stuck
Posted: August 13th, 2008, 1:11am EDT by By VIKAS BAJAJ
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Until securitization revives, many experts say that borrowers seeking mortgages, student loans and car loans will continue to see interest rates rise.
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Trade Deficit Narrows Amid Increase in Exports
Posted: August 13th, 2008, 1:05am EDT by By MICHAEL M. GRYNBAUM
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A surge in exports helped the trade deficit narrow in June, an encouraging sign for domestic businesses that have become increasingly dependent on foreign customers.
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Trade Deficit Narrows Amid Increase in Exports
Posted: August 13th, 2008, 1:05am EDT by By MICHAEL M. GRYNBAUM
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A surge in exports helped the trade deficit narrow in June, an encouraging sign for domestic businesses that have become increasingly dependent on foreign customers.
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Market Place: Did It Help to Curb Short Sales?
Posted: August 13th, 2008, 12:50am EDT by By FLOYD NORRIS
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A rule that made it harder to short some financial stocks expired as the Securities and Exchange Commission considered whether to tighten the rules on short selling.
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Market Place: Did It Help to Curb Short Sales?
Posted: August 13th, 2008, 12:50am EDT by By FLOYD NORRIS
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A rule that made it harder to short some financial stocks expired as the Securities and Exchange Commission considered whether to tighten the rules on short selling.
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Sunnier Forecast for Corn and Soybean Harvest
Posted: August 13th, 2008, 12:48am EDT by By DAVID STREITFELD
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After an extremely worrisome start that fanned fears of famine and economic devastation, the nation’s most crucial crop is on track for a bountiful harvest, the government said Tuesday.
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Thomson Reuters Reports Lower Profit on Costs of a Merger
Posted: August 13th, 2008, 12:37am EDT by By THE ASSOCIATED PRESS
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Thomson Reuters said that second-quarter earnings had fallen 54 percent as costs to buy and integrate Reuters cut into profit.
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Thomson Reuters Reports Lower Profit on Costs of a Merger
Posted: August 13th, 2008, 12:37am EDT by By THE ASSOCIATED PRESS
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Thomson Reuters said that second-quarter earnings had fallen 54 percent as costs to buy and integrate Reuters cut into profit.
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Stocks & Bonds: Shares Slip on Losses in Financial Sector
Posted: August 13th, 2008, 12:25am EDT by By THE ASSOCIATED PRESS
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Wall Street skidded lower as downbeat news from JPMorgan Chase and other financial companies stoked anxiety about the credit crisis.
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Stocks & Bonds: Shares Slip on Losses in Financial Sector
Posted: August 13th, 2008, 12:25am EDT by By THE ASSOCIATED PRESS
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Wall Street skidded lower as downbeat news from JPMorgan Chase and other financial companies stoked anxiety about the credit crisis.
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World Business Briefing | Asia: Japan: Economy Contracted in Second Quarter
Posted: August 13th, 2008, 12:24am EDT by By REUTERS
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Japan’s economy contracted 0.6 percent in the second quarter, reinforcing views that its economy had slipped into recession after its longest postwar expansion.
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World Business Briefing | Asia: Japan: Economy Contracted in Second Quarter
Posted: August 13th, 2008, 12:24am EDT by By REUTERS
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Japan’s economy contracted 0.6 percent in the second quarter, reinforcing views that its economy had slipped into recession after its longest postwar expansion.
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World Business Briefing | Europe: Britain: Inflation Eclipses Central Bank’s Target
Posted: August 13th, 2008, 12:24am EDT by By REUTERS
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British inflation shot up in July to more than twice the central bank’s target, dousing expectations of interest rate cuts anytime soon.
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World Business Briefing | Europe: Britain: Inflation Eclipses Central Bank’s Target
Posted: August 13th, 2008, 12:24am EDT by By REUTERS
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British inflation shot up in July to more than twice the central bank’s target, dousing expectations of interest rate cuts anytime soon.
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An S.U.V. Traffic Jam
Posted: August 13th, 2008, 12:24am EDT by By NICK BUNKLEY
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The market for sport utility vehicles is starting to look a lot like the housing market, spreading pain to consumers, automakers and dealers.
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An S.U.V. Traffic Jam
Posted: August 13th, 2008, 12:24am EDT by By NICK BUNKLEY
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The market for sport utility vehicles is starting to look a lot like the housing market, spreading pain to consumers, automakers and dealers.
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World Business Briefing | Asia: Singapore: Currency Rate Hurts Telecom Profit
Posted: August 13th, 2008, 12:24am EDT by By BLOOMBERG NEWS
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Singapore Telecommunications, Southeast Asia’s largest phone company, reported a profit that fell more than analysts had estimated.
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World Business Briefing | Asia: Singapore: Currency Rate Hurts Telecom Profit
Posted: August 13th, 2008, 12:24am EDT by By BLOOMBERG NEWS
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Singapore Telecommunications, Southeast Asia’s largest phone company, reported a profit that fell more than analysts had estimated.
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World Business Briefing | Europe: Belgium: Court Favors eBay in L’Oréal Case
Posted: August 13th, 2008, 12:23am EDT by By REUTERS
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A Belgian court dismissed all of the claims that the cosmetics maker L’Oréal brought against eBay over the sale of fake products on online auction sites, eBay said.
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World Business Briefing | Europe: Belgium: Court Favors eBay in L’Oréal Case
Posted: August 13th, 2008, 12:23am EDT by By REUTERS
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A Belgian court dismissed all of the claims that the cosmetics maker L’Oréal brought against eBay over the sale of fake products on online auction sites, eBay said.
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World Business Briefing | Asia: South Korea: Hyundai Steel’s Profit Rises
Posted: August 13th, 2008, 12:23am EDT by By BLOOMBERG NEWS
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The Hyundai Steel Company said second-quarter profit surged 70 percent with higher prices and increased exports.
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World Business Briefing | Asia: South Korea: Hyundai Steel’s Profit Rises
Posted: August 13th, 2008, 12:23am EDT by By BLOOMBERG NEWS
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The Hyundai Steel Company said second-quarter profit surged 70 percent with higher prices and increased exports.
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World Business Briefing | Americas: Canada: Trade Surplus Grew in June
Posted: August 13th, 2008, 12:22am EDT by By REUTERS
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A surge in oil exports to the United States raised Canada’s trade surplus in June, boding well for an economy that is narrowly skirting a recession.
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World Business Briefing | Americas: Canada: Trade Surplus Grew in June
Posted: August 13th, 2008, 12:22am EDT by By REUTERS
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A surge in oil exports to the United States raised Canada’s trade surplus in June, boding well for an economy that is narrowly skirting a recession.
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World Business Briefing | Asia: Japan: Wholesale Inflation at 27-year High
Posted: August 13th, 2008, 12:22am EDT by By THE ASSOCIATED PRESS
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Japan’s corporate goods prices rose at their fastest rate in more than 27 years, pushed up by surging oil and commodities prices, the Bank of Japan said.
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World Business Briefing | Asia: Japan: Wholesale Inflation at 27-year High
Posted: August 13th, 2008, 12:22am EDT by By THE ASSOCIATED PRESS
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Japan’s corporate goods prices rose at their fastest rate in more than 27 years, pushed up by surging oil and commodities prices, the Bank of Japan said.
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G.M. Is Expected to Announce Expansion in Thailand
Posted: August 13th, 2008, 12:22am EDT by By THOMAS FULLER
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General Motors is expected to announce an expansion of G.M.’s production of small cars at its plant east of Bangkok and the construction of an engine plant for its Colorado pickup truck.
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G.M. Is Expected to Announce Expansion in Thailand
Posted: August 13th, 2008, 12:22am EDT by By THOMAS FULLER
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General Motors is expected to announce an expansion of G.M.’s production of small cars at its plant east of Bangkok and the construction of an engine plant for its Colorado pickup truck.
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In Slow Times, Rezoning Appeals to Developers
Posted: August 13th, 2008, 12:21am EDT by By ALISON GREGOR
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When the real estate market comes to a virtual halt, as it currently has, it may be time to rezone, even though such efforts can be time consuming.
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In Slow Times, Rezoning Appeals to Developers
Posted: August 13th, 2008, 12:21am EDT by By ALISON GREGOR
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When the real estate market comes to a virtual halt, as it currently has, it may be time to rezone, even though such efforts can be time consuming.
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After $43 Billion in Write-Downs, UBS to Split Main Businesses
Posted: August 13th, 2008, 12:19am EDT by By JULIA WERDIGIER
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The Swiss banking giant UBS announced changes that would separate its struggling investment banking business from the lucrative wealth management operation.
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After $43 Billion in Write-Downs, UBS to Split Main Businesses
Posted: August 13th, 2008, 12:19am EDT by By JULIA WERDIGIER
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The Swiss banking giant UBS announced changes that would separate its struggling investment banking business from the lucrative wealth management operation.
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Ex-HBO Chief Quits Latest Job
Posted: August 13th, 2008, 12:15am EDT by By ANDREW ROSS SORKIN
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Chris Albrecht, the former chief executive of HBO, said that he had stepped down from his role running IMG’s media and entertainment business.
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Ex-HBO Chief Quits Latest Job
Posted: August 13th, 2008, 12:15am EDT by By ANDREW ROSS SORKIN
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Chris Albrecht, the former chief executive of HBO, said that he had stepped down from his role running IMG’s media and entertainment business.
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CVS to Pay $2.54 Billion for West Coast Drug Chain
Posted: August 13th, 2008, 12:15am EDT by By REUTERS
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CVS Caremark said that it would buy its West Coast rival Longs Drugs Stores in a $2.54 billion deal that would allow it to expand in states like California.
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CVS to Pay $2.54 Billion for West Coast Drug Chain
Posted: August 13th, 2008, 12:15am EDT by By REUTERS
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CVS Caremark said that it would buy its West Coast rival Longs Drugs Stores in a $2.54 billion deal that would allow it to expand in states like California.
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World Business Briefing | Europe: Denmark: Lego’s Profit More Than Doubles
Posted: August 12th, 2008, 11:01pm EDT by By THE ASSOCIATED PRESS
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The Danish toy maker Lego said its six-month profit more than doubled on strong sales of products like Lego City and Lego Star Wars.
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World Business Briefing | Europe: Denmark: Lego’s Profit More Than Doubles
Posted: August 12th, 2008, 11:01pm EDT by By THE ASSOCIATED PRESS
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The Danish toy maker Lego said its six-month profit more than doubled on strong sales of products like Lego City and Lego Star Wars.
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DealBook: Yahoo’s Advisory Bill Hits $36 Million
Posted: August 11th, 2008, 12:13pm EDT by By DEALBOOK
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In a filing with the S.E.C, Yahoo said it spent $36 million in the first half of 2008 on fees for outside advisers helping it handle Microsoft’s bid, Carl Icahn’s attempt to oust Yahoo’s board and related litigation.
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Is Google a Media Company?
Posted: August 11th, 2008, 11:24am EDT by By MIGUEL HELFT
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Knol, Google’s new site where experts share knowledge on a variety of topics, has rekindled fears among some media companies that Google is edging in on their turf.
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DealBook: Waste Management Raises Bid for Republic
Posted: August 11th, 2008, 11:13am EDT by By DEALBOOK
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Waste Management on Monday raised its unsolicited bid for Republic Services, to $6.73 billion in cash as it seeks to wrest its smaller rival from an already-agreed deal with Allied Waste.
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China’s Trade Surplus at an 8-Month High
Posted: August 11th, 2008, 11:10am EDT by By THE ASSOCIATED PRESS
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China’s trade surplus swelled in July to its highest level in eight months as its trade gaps with the United States and Europe grew despite concern about weaker global demand.
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Giant Retailers Look to Sun for Energy Savings
Posted: August 11th, 2008, 6:50am EDT by By STEPHANIE ROSENBLOOM
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Chains are seizing a chance to bolster environmental credentials, and gain a tax advantage, by installing solar roof panels before a Dec. 31 deadline.
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Paulson Says No Plan Is Afoot to Rescue Mortgage Agencies
Posted: August 11th, 2008, 6:37am EDT by By BLOOMBERG NEWS
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The Treasury secretary said there is no plan to use his new authority to inject capital into Fannie Mae and Freddie Mac, which both posted dismal earnings last week.
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Verizon and 2 Unions Reach Accord, Averting Strike
Posted: August 11th, 2008, 3:08am EDT by By STEVEN GREENHOUSE
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A tentative three-year contract includes raises totaling nearly 11 percent, and the company would continue to pay 100 percent of current workers’ and retirees’ health premiums.
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UBS to Buy Back $20 Billion in Securities
Posted: August 11th, 2008, 3:08am EDT by By THE ASSOCIATED PRESS
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The Swiss banking giant agreed to buy back nearly $20 billion in auction-rate securities from investors, a day after Citigroup reached a similar settlement with regulators.
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Web Privacy on the Radar in Congress
Posted: August 11th, 2008, 2:37am EDT by By STEPHANIE CLIFFORD
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As advertisers grow more sophisticated about behavioral targeting, and as online privacy standards vary, regulators and privacy advocates are becoming concerned.
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Advertising: Top New York Theatrical Agency Is Combining With London Counterpart
Posted: August 11th, 2008, 1:42am EDT by By STUART ELLIOTT
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A New York agency, SpotCo, agreed to be acquired by the British firm First Artist Corporation in a deal that points to the growing interest in entertainment marketing.
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Factory Recalls Beef Again After Reports of Illnesses
Posted: August 11th, 2008, 1:14am EDT by By THE ASSOCIATED PRESS
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Nebraska Beef recalled 1.2 million pounds of beef on Friday, a month after federal authorities assured consumers that the plant’s products were safe.
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Union Workers Authorize Strike at Qwest
Posted: August 11th, 2008, 1:13am EDT by By THE ASSOCIATED PRESS
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The workers’ contract expires next Sunday, a little more than a week before the Democratic National Convention, at which Qwest is providing communication services.
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Nationwide ‘Thunder’ Boycott in the Works
Posted: August 10th, 2008, 11:44pm EDT by By MICHAEL CIEPLY
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A coalition of disabilities groups is expected to call for a national boycott of the coming film “Tropic Thunder” because of what they see as the movie’s open ridicule of the intellectually disabled.
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Media Talk: Forthright or Clueless? Kathie Lee Draws Fire
Posted: August 10th, 2008, 11:34pm EDT by By DOUGLAS QUENQUA
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Viewers and guests are weighing in with stinging criticism against Kathie Lee Gifford and her apparent knack for interrupting guests on the “Today” show.
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Media Talk: Endorsement From Winfrey Quantified: A Million Votes
Posted: August 10th, 2008, 11:33pm EDT by By BRIAN STELTER
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Two economists contend that Oprah Winfrey’s endorsement of Barack Obama last year gave him a boost of about one million votes in the primaries and caucuses.
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The Classic Rock Magazine Is Switching to a Smaller, Rack-Friendly Size
Posted: August 10th, 2008, 11:32pm EDT by By RICHARD PÉREZ-PEÑA
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With the Oct. 30 issue, which will go on sale Oct. 17, Rolling Stone, published by Wenner Media, will adopt the standard size used by all but a few magazines.
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Many Fail to See the Humor in ‘I Am Rich’ for the iPhone
Posted: August 10th, 2008, 11:30pm EDT by By ERIC A. TAUB
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Users didn’t laugh at a software developer’s creation of a pricey iPhone application that gave them nothing more than an image of a multifaceted ruby.
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The Week’s Major Economic Reports
Posted: August 10th, 2008, 11:29pm EDT by By THE NEW YORK TIMES
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The trade deficit for June, retail sales for July and the Consumer Price Index for July are among the highlights of the week’s economic reports.
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Drilling Down: It’s Not the Ad; It’s Getting the Bill
Posted: August 10th, 2008, 11:23pm EDT by By ALEX MINDLIN
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A majority of people say they are averse to having advertisements sent to their cellphones. But nearly a quarter of people say they have responded to such ads.
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Show Skewers Martha Stewart, With Her Blessing
Posted: August 10th, 2008, 11:16pm EDT by By BROOKS BARNES
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Can Martha Stewart take a pie in the face — even one she baked? Fine Living Network, about to unveil a new comedy series — “Whatever, Martha!” — is about to find out.
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Treasury Auctions Set for This Week
Posted: August 10th, 2008, 11:15pm EDT by By THE NEW YORK TIMES
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The Treasury’s schedule of financing this week included Monday’s weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday.
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The Media Equation: All of Us, the Arbiters of News
Posted: August 10th, 2008, 11:00pm EDT by By DAVID CARR
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In the age of Twitter and YouTube, crowds are driving the media agendas.
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Media Outlets Losing Money From a Lack of Auto Ads
Posted: August 10th, 2008, 10:57pm EDT by By TIM ARANGO and STUART ELLIOTT
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The flight of advertising dollars to the Internet is one explanation for the pain felt by traditional media. Another culprit that is increasingly to blame is Detroit.
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Campaign Reveals (Just a Bit) of Coke’s Secret Formula
Posted: August 6th, 2008, 4:26pm EDT by By VICTORIA YOUNG
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For more than a century, Coke has fiercely guarded its recipe. But in an advertising campaign introduced last month in Britain, the company divulged a few facts about the formula.
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G.M.’s Directors Stand Behind Wagoner
Posted: August 6th, 2008, 3:53pm EDT by By BILL VLASIC
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The chairman of General Motors, Rick Wagoner, has the “unified support” of the board and will continue to lead the troubled automaker, G.M.’s lead outside director said.
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Mining Giant Bids $10 Billion for Platinum Producer
Posted: August 6th, 2008, 3:53pm EDT by By THE ASSOCIATED PRESS
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Lonmin, a large producer of platinum, immediately rejected the cash offer by Xstrata of Britain as too low.
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Freddie Mac Loses $821 Million and Cuts Dividend
Posted: August 6th, 2008, 3:45pm EDT by By CHARLES DUHIGG
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The mortgage finance giant posted its fourth consecutive quarterly loss and set plans to slash its common stock dividend.
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Connecticut Joins States Suing Countrywide
Posted: August 6th, 2008, 3:43pm EDT by By REUTERS
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Connecticut accused the mortgage giant of steering customers into mortgages they could not afford. California, Florida and Illinois have also sued Countrywide.
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I.R.S. Offers to Settle Tax-Shelter Dispute
Posted: August 6th, 2008, 3:33pm EDT by By LYNNLEY BROWNING
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The I.R.S. offered more than 45 companies the opportunity to settle disputes over the use of certain tax shelters that have been used to shield billions of dollars in income.
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Blackstone Posts Lower Profit, but Sees Opportunities
Posted: August 6th, 2008, 2:21pm EDT by By REUTERS
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The private equity company said second-quarter profit fell to $99.9 million, but said it was seeing investment opportunities amid volatile markets.
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Wall Street Report Tries to Dissect Financial Meltdown
Posted: August 6th, 2008, 12:37pm EDT by By LOUISE STORY
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Wall Street failed to anticipate how wide-reaching problems with mortgage bonds would spread into seemingly distant corners of the financial markets, the report said.
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Commerzbank Net Profit Climbs
Posted: August 6th, 2008, 12:25pm EDT by By THE ASSOCIATED PRESS
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Germany’s second-largest bank said its second-quarter net rose by 6.4 percent to 817 million euros, or $11.3 billion, thanks to a tax gain, but said it is still suffering from the global financial crisis.
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Polo Ralph Lauren Posts Higher Profit and Raises Outlook
Posted: August 6th, 2008, 12:18pm EDT by By REUTERS
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The fashion company reported a much bigger-than-expected increase in quarterly profit and raised its full-year earnings outlook, citing a higher gross margin and a lower tax rate.
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Sprint Nextel Reports a Loss as Revenue Falls
Posted: August 6th, 2008, 12:17pm EDT by By THE ASSOCIATED PRESS
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The wireless carrier cited severance and other costs for its second-quarter loss, but the company said it had slowed the loss of customers.
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AOL Weighs on Time Warner; Earnings Fall 26%
Posted: August 6th, 2008, 12:17pm EDT by By THE ASSOCIATED PRESS
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Declining subscriber fees at the AOL online unit and lower ad revenue at the Time publishing business pushed down second-quarter earnings.
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Revised Tally Increases ‘No’ Votes for Yahoo Directors
Posted: August 6th, 2008, 12:09pm EDT by By MIGUEL HELFT
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A new tally of its board of directors’ election shows that five Yahoo directors, including the chief executive, Jerry Yang, were re-elected with much higher protest votes than initially released.
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Russian Gang Hijacking PCs in Vast Scheme
Posted: August 6th, 2008, 12:07pm EDT by By JOHN MARKOFF
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The gang has infected thousands of PCs in corporate and government networks with programs that steal passwords and other information, a security researcher has found.
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11 Charged in Theft of 41 Million Card Numbers
Posted: August 6th, 2008, 12:05pm EDT by By BRAD STONE
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Authorities said the scheme was spearheaded by a Miami man who hacked into several retailers’ computer systems.
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Inquiry Finds Under-Age Workers at Meat Plant
Posted: August 6th, 2008, 11:45am EDT by By JULIA PRESTON
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State labor investigators said minors at the Postville, Iowa, plant were exposed to hazardous chemicals, and were using prohibited tools like knives and saws.
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Lower Oil Prices Ignite Big Rally; Dow Is Up by 331
Posted: August 6th, 2008, 11:38am EDT by By MICHAEL M. GRYNBAUM and LOUIS UCHITELLE
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Oil prices touched a three-month low, sending stocks soaring, while the Fed decided to keep its key rate steady.
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Comcast Buying a Publisher of Net Newsletters and Sites
Posted: August 6th, 2008, 11:04am EDT by By MICHAEL J. DE LA MERCED
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Comcast said it would buy DailyCandy, a publisher of net newsletter, for $125 million.
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Nasdaq Profit Rises 81% on Added Market Share
Posted: August 6th, 2008, 10:40am EDT by By THE ASSOCIATED PRESS
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The New York-based exchange operator reported results from its first full quarter in which Nasdaq operations were combined with those of Sweden’s OMX stock exchange.
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Economists Plumb the Depths of the Downturn
Posted: August 6th, 2008, 9:58am EDT by By ABHA BHATTARAI
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Even if the economy continues to deteriorate, economists generally agree that the United States is not heading for another Great Depression.
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BNP Net Profit Drops 34%
Posted: August 6th, 2008, 9:27am EDT by By THE ASSOCIATED PRESS
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The euro zone’s largest bank said net profit fell to 1.5 billion euros, or $2.32 billion, as the global financial crisis contined to weigh on earnings.
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Sirius Chief Undaunted by Challenge
Posted: August 6th, 2008, 9:24am EDT by By ANDREW ROSS SORKIN
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The company, which completed its merger last week with XM Radio, has to persuade shareholders that it has a profitable future.
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Munich Re Net Profit Falls 47%
Posted: August 6th, 2008, 9:09am EDT by By THE ASSOCIATED PRESS
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The reinsurer said that the company’s second-quarter net profit fell to 599 million euros, or $928 million, amid market turmoil and asset write-downs of 889 million euros.
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Ambac Quarterly Net Income Rises Sharply
Posted: August 6th, 2008, 9:07am EDT by By REUTERS
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The bond insurer said that second-quarter earnings rose to $823.1 million, helped by valuation gains on credit derivatives.
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Marsh & McLennan Earnings Fall on Write-Down
Posted: August 6th, 2008, 8:36am EDT by By REUTERS
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The largest global insurance brokerage posted a 63 percent drop in second-quarter earnings, hurt by a $115 million write-down of goodwill for its risk consulting and technology division.
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Europe Tries to Handle Political Fallout of Pension Cuts
Posted: August 6th, 2008, 8:29am EDT by By CARTER DOUGHERTY
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Faced with an aging population, much of Europe is trying to address the pressing need for change in national pension systems, balancing rising costs with political pressure.
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South Africa Strike Hits Mining and Factories
Posted: August 6th, 2008, 5:40am EDT by By REUTERS
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South Africa's giant mining companies were badly hit by a strike on Wednesday over rising power, food and fuel prices that threatened to bring the continent's biggest economy to a standstill.
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Home Energy Prices Are Expected to Soar
Posted: August 6th, 2008, 1:59am EDT by By JAD MOUAWAD
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Even with the recent drop in oil prices, experts are predicting that heating bills this winter will far exceed those of last year.
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British Lender Gets $5.9 Billion Infusion
Posted: August 6th, 2008, 1:49am EDT by By REUTERS
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Britain has provided the additional capital for Northern Rock after it reported a 585 million pound loss and soaring debts.
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Muslim Holiday at Tyson Plant Creates Furor
Posted: August 6th, 2008, 1:26am EDT by By STEVEN GREENHOUSE
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The union that represents workers at a Tyson Foods poultry plant in Tennessee has negotiated a contract that substitutes a Muslim holiday for Labor Day as one of the eight paid holidays at the plant.
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Text of the Federal Reserve’s Statement
Posted: August 6th, 2008, 1:21am EDT
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Following is the full text of the statement released Tuesday by the Federal Reserve.
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Profit and Prices Rise at Procter & Gamble
Posted: August 6th, 2008, 1:03am EDT by By THE ASSOCIATED PRESS
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Procter & Gamble reported a 33 percent jump in fourth-quarter profit as it countered soaring energy and commodity costs with higher prices.
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Building a Technology Park in Baltimore by Rehabilitating a Neighborhood
Posted: August 6th, 2008, 1:03am EDT by By EUGENE L. MEYER
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The large-scale urban renewal project has called for the bulldozing of entire blocks to redevelop an area centered on a new technology park.
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Renovation Brings New Vigor to Chicago’s LaSalle Street
Posted: August 6th, 2008, 1:02am EDT by By ROBERT SHAROFF
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While there has been no construction on Chicago’s famed LaSalle Street in over a decade, several buildings are being redeveloped.
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Gauge for Service Industry Declines
Posted: August 6th, 2008, 12:59am EDT by By BLOOMBERG NEWS
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The Institute for Supply Management’s index of nonmanufacturing businesses was below the dividing line between growth and contraction for the second month in a row.
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Russian Tycoons Agree on Sale of Arctic Mining Stake
Posted: August 6th, 2008, 12:59am EDT by By ANDREW E. KRAMER
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In what would be one of the biggest mining deals in Russia this year, the metals tycoon Mikhail D. Prokhorov announced that he would sell his 16.6 percent of Norilsk Nickel for $10 billion.
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News Corp. Reports a Sharp Rise in Profit
Posted: August 6th, 2008, 12:55am EDT by By RICHARD PÉREZ-PEÑA
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Rupert Murdoch’s News Corporation reported that its fourth quarter net profit rose 27 percent and showed strong performance across a number of properties.
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Delta to Offer Wi-Fi on U.S. Flights
Posted: August 6th, 2008, 12:55am EDT by By THE ASSOCIATED PRESS
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The airline said Wi-Fi service would be offered for a fee to customers traveling throughout the continental United States.
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Profit Falls 61% at Archer Daniels Midland
Posted: August 6th, 2008, 12:55am EDT by By REUTERS
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Archer Daniels Midland reported lower-than-expected quarterly profit Tuesday because of a drop in earnings from agricultural services and wheat and cocoa processing.
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Income Falls as Whole Foods Suspends Dividend
Posted: August 6th, 2008, 12:54am EDT by By ANDREW MARTIN
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Whole Foods said its net income dropped more than 30 percent due to costs related to its proposed acquisition of Wild Oats and the slowdown in consumer spending.
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MGM Rises on Project News
Posted: August 6th, 2008, 12:53am EDT by By REUTERS
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MGM Mirage, the casino operator, said it had lined up more than half of the current financing needs for its CityCenter project on the Las Vegas Strip.
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Cisco Sales Rise, Despite Concerns
Posted: August 6th, 2008, 12:50am EDT by By LAURIE J. FLYNN
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Cisco Systems, the largest maker of networking equipment, reported that its net income in the fourth quarter rose 4.4 percent, to $2 billion, from a year ago.
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Cablevision Weighs a Possible Spinoff
Posted: August 6th, 2008, 12:49am EDT by By TIM ARANGO
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Among the options the company mentioned to improve shareholder value are regular dividends, a stock buyback plan and possible spinoffs of business units.
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Wendy’s Earnings Decline
Posted: August 6th, 2008, 12:48am EDT by By THE ASSOCIATED PRESS
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Wendy’s International, the hamburger chain, reported lower second-quarter profit on Tuesday on expenses from a reorganization and a special committee formed a year ago to seek a possible sale.
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Morgan Stanley to Advise U.S. on Fannie and Freddie
Posted: August 6th, 2008, 12:48am EDT by By LOUISE STORY
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The Treasury secretary, Henry M. Paulson Jr., asked Morgan Stanley to submit a formal proposal about the new role the federal government could take in a rescue of the troubled lenders.
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Advertising: Google’s New Tool Is Meant for Marketers
Posted: August 6th, 2008, 12:33am EDT by By MIGUEL HELFT
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The company is introducing a free service, intended for marketers, but which will allow anyone to track the popularity of various terms in Google’s search engine.
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An Energy Diet for Power-Hungry Household PCs
Posted: August 6th, 2008, 12:32am EDT by By STEVE LOHR
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A group, including Microsoft, has launched an initiative to distribute free software to personal computer owners to help them save on energy costs.
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A Top Producer for ‘Idol’ to Leave for Other Projects
Posted: August 6th, 2008, 12:25am EDT by By EDWARD WYATT
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The producer Nigel Lythgoe is leaving “American Idol” to concentrate on another Fox reality series and a new joint venture with Simon Fuller, the creator of “Idol.”
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Lower Oil Prices Help Propel Shares in Europe
Posted: August 5th, 2008, 8:59am EDT by By MATTHEW SALTMARSH
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Stocks on Wall Street were poised to follow European markets higher as the price of crude oil continued to decline and as investors awaited the Fed’s announcement on rates.
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At Freddie Mac, Chief Discarded Warning Signs
Posted: August 5th, 2008, 8:51am EDT by By CHARLES DUHIGG
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A 2004 memo warned of problematic loans at the mortgage giant, but the questionable practices continued, a former chief risk officer said.
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Profit Falls at French Bank Hit by Trading Scandal
Posted: August 5th, 2008, 8:43am EDT by By MATTHEW SALTMARSH
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Société Générale, which lost nearly $7.2 billion in a trading scandal this year, said quarterly net profit fell 63 percent, on write-downs and after its investment banking unit posted a loss.
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Sony Buying Bertelsmann’s Stake
Posted: August 5th, 2008, 8:29am EDT by By THE ASSOCIATED PRESS
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Bertelsmann will sell its 50-percent stake in Sony BMG to Sony, the companies announced, giving the Japanese company full ownership of the joint venture.
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Big Yahoo Shareholder Says a Tally Needs a Second Look
Posted: August 5th, 2008, 5:01am EDT by By MIGUEL HELFT
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The request for re-examination suggests that the votes actually withheld for certain Yahoo directors, including the chief executive, Jerry Yang, may have been higher than reported.
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The Caucus: Diagnosed With Tumor, Novak Retires
Posted: August 5th, 2008, 3:48am EDT by By RICHARD PEREZ-PENA
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Robert Novak, the conservative columnist who learned recently that he has a brain tumor, says his condition is “dire” and he has retired, The Chicago Sun-Times reports.
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Market Place: Motorola Names Leader for Mobile Phone Unit
Posted: August 5th, 2008, 2:19am EDT by By LAURA M. HOLSON
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Sanjay K. Jha of Qualcomm was tapped to head Motorola’s troubled mobile phone division and share chief executive duties for the entire company in an unusual power-sharing arrangement.
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Authority to Fight Landing Slot Auction Proposal
Posted: August 5th, 2008, 1:41am EDT by By MATTHEW L. WALD
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The Port Authority of New York and New Jersey announced plans to block the Bush administration’s proposal to auction airport landing slots.
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Dealbook: On Wall St., Reputation Is Fragile
Posted: August 5th, 2008, 1:25am EDT by By ANDREW ROSS SORKIN
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The story of the resignation of Steven Rattner, a managing director at Credit Suisse, started with an extramarital affair and ended with an Internet vendetta.
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Booming China Suddenly Worries That a Slowdown Is Taking Hold
Posted: August 5th, 2008, 12:58am EDT by By KEITH BRADSHER
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Growth in China is expected to slip a couple of percentage points below the double digit threshold over the coming year, relieving inflationary pressure but undermining global growth.
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Lilly Diabetes Drug Shows a Life-Extending Promise
Posted: August 5th, 2008, 12:50am EDT by By ALEX BERENSON
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Byetta, an injectable drug that lowers blood sugar, may help people with diabetes to live longer, according to the results of a major clinical trial.
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A Home Builder Led by Icahn Files for Bankruptcy Protection
Posted: August 5th, 2008, 12:26am EDT by By REUTERS
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Stock in WCI Communities lost almost all its value after the company filed for bankruptcy protection after failing to obtain financing to stay afloat.
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Inflation Takes Steam Out of Rise in Spending
Posted: August 5th, 2008, 12:23am EDT by By CATHERINE RAMPELL
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Consumer spending increased 0.6 percent in June, but prices rose 0.8 percent, the government reported, indicating months of challenges to come.
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ImClone Says Bid From Bristol-Myers Undervalues the Company
Posted: August 5th, 2008, 12:23am EDT by By MICHAEL J. de la MERCED
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ImClone Systems, the maker of the anticancer drug Erbitux, said a $4.5 billion takeover bid by Bristol-Myers Squibb “substantially undervalues” the company.
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Millions With Chronic Disease Get Little to No Treatment
Posted: August 5th, 2008, 12:22am EDT by By REED ABELSON
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A study estimates that about one of every three working-age adults without insurance in the U.S. has received a diagnosis of a chronic illness and is not getting adequate treatment.
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Humana Beats Expectations Despite Slight Drop in Profit
Posted: August 5th, 2008, 12:13am EDT by By THE ASSOCIATED PRESS
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The health insurer Humana faced less drops in premiums from its stand-alone Medicare prescription drug plans than it had expected.
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On the Road: What a Chic New Bag. And X-Ray Friendly, Too.
Posted: August 5th, 2008, 12:13am EDT by By JOE SHARKEY
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The first X-ray-friendly laptop bags have hit the market.
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Frequent Flier: A Mission to Help Those Scarred by War, Born of a Family’s Grief
Posted: August 5th, 2008, 12:12am EDT by By JOAN RAYMOND
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Waiting to leave their planes, passengers saw the coffin of a military officer killed in Iraq been unloaded from a commercial flight.
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Itineraries: Women-Friendly Hotel Floors Return, With Modern Twists
Posted: August 5th, 2008, 12:11am EDT by By PAUL BURNHAM FINNEY
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The new floors being offered in several hotel chains offer female guests a variety of amenities ranging from yoga mats to Victoria’s Secret robes.
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Merrill’s Chief Defends Recent Sale
Posted: August 5th, 2008, 12:10am EDT by By LOUISE STORY
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Merrill Lynch’s chief said he sold mortgage investments at fire-sale prices to bolster employee morale.
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Six New TV Channels in India to Increase Murdoch’s Profile
Posted: August 5th, 2008, 12:09am EDT by By RICHARD PÉREZ-PEÑA
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Rupert Murdoch announced the News Corporation would invest $100 million in six regional television channels in India, and he unveiled a new Dow Jones index to track Indian stock markets.
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HSBC Warns of Challenges as Its Profit Drops 29%
Posted: August 5th, 2008, 12:08am EDT by By JULIA WERDIGIER
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The biggest European bank reported net income of $7.7 billion in the first half of 2008 as loan impairment charges and other credit risk provisions increased 58 percent.
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Pickens Plan Stirs Debate, and Qualms
Posted: August 5th, 2008, 12:06am EDT by By KATE GALBRAITH
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T. Boone Pickens Jr., the billionaire Texas oilman, has mounted a campaign to launch a national debate about the use of natural gas in cars and trucks.
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Advertising: A Ruling May Pave the Way for Broader Use of DVR
Posted: August 5th, 2008, 12:02am EDT by By BRIAN STELTER
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A new court ruling in New York said that the so-called network DVR, which records programs on a faraway computer rather than on the device itself, does not violate copyright law.
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UBS Executive Resigns Amid New York State Investigation
Posted: August 5th, 2008, 12:02am EDT by By REUTERS
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The Swiss bank UBS said that David Aufhauser, general counsel for its investment bank and for the Americas, had resigned.
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Stocks & Bonds: Sliding Markets Find Comfort in Plunging Oil Prices
Posted: August 5th, 2008, 12:00am EDT by By THE ASSOCIATED PRESS
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Wall Street fell Monday in an erratic session dominated by worries about inflation, which were somewhat soothed by a plunge in oil prices.
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Dish Network Subscribers Fall as Competition Grows Tougher
Posted: August 5th, 2008, 12:00am EDT by By REUTERS
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Lower installation costs for Dish helped lift its second-quarter profit above expectations, but analysts said the customer loss boded ill for the company’s growth prospect.
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JetBlue Starts Selling Blankets and Pillows
Posted: August 4th, 2008, 11:59pm EDT by By MICHELINE MAYNARD
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No more free pillows and blankets on JetBlue Airways, but they will be sold for $7 on flights over two hours.
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Johnson & Johnson Receives Subpoena on Bile Duct Stents
Posted: August 4th, 2008, 11:54pm EDT by By BLOOMBERG NEWS
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The subpoena of Johnson & Johnson broadens an investigation that has touched its competitors Abbott Laboratories and Boston Scientific.
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New President at Enterprise Rentals
Posted: August 4th, 2008, 11:51pm EDT by By THE ASSOCIATED PRESS
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Pamela M. Nicholson was named president of the privately held company, succeeding Donald L. Ross, who continues as vice chairman.
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America’s Got a Yen for Summer Talent Show
Posted: August 4th, 2008, 11:20pm EDT by By BILL CARTER
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The days of creating big reality-show hits in the summer may be over. Still, at least one expert in the field, a gentleman named Simon Cowell, would beg to differ.
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Housing Lenders Fear Bigger Wave of Loan Defaults
Posted: August 4th, 2008, 2:52am EDT by By VIKAS BAJAJ
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Homeowners with good credit are falling behind on their payments in growing numbers, just as the problems with subprime mortgages have begun to level off.
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Verizon Unions Postpone Strike, Citing Progress
Posted: August 4th, 2008, 2:38am EDT by By STEVEN GREENHOUSE
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Two unions representing 65,000 workers at Verizon postponed a strike threatened for Sunday morning, citing progress in late-night labor negotiations.
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An Acid-Tongued Maverick Keeps Bankers on the Edge of Their Seats
Posted: August 4th, 2008, 2:18am EDT by By LOUISE STORY
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Richard X. Bove is one of the few analysts to predict the housing market blow-up. He is also one of the few whose advice would have made money for investors over the past year.
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Advertising: The High Cost of a ‘Free Credit Report’
Posted: August 4th, 2008, 2:13am EDT by By STEPHANIE CLIFFORD
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Catchy television ads for FreeCreditReport.com don’t highlight another catch tied to the service: a monthly fee.
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Blog Posts Poke Holes in ‘Taste Test’ by Microsoft
Posted: August 4th, 2008, 2:13am EDT by By DAN MITCHELL
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Deserved or not, the Windows Vista operating system from Microsoft gets a bad rap. But the company’s effort to repair Vista’s reputation did not win rave reviews either.
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On Facebook, an 11-Letter Synonym for Scrabulous Turns Out to Be Wordscraper
Posted: August 4th, 2008, 2:13am EDT by By HEATHER TIMMONS
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People who were addicted to playing Scrabulous on Facebook have migrated by the thousands to Wordscraper.
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Applications Spur Carriers to Relax Grip on Cellphones
Posted: August 4th, 2008, 2:06am EDT by By LAURA M. HOLSON
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The proliferation of new applications and the realization that they make cellphones more popular has convinced carriers that they need to give consumers more freedom.
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Intel’s Line of Graphics Chips Could Have Broader Uses
Posted: August 4th, 2008, 2:01am EDT by By JOHN MARKOFF
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Intel said it would initially aim its new microprocessor family, code-named Larrabee, at the personal computer graphics market.
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Media Talk: NBC Ad Pairs ‘Mummy’ and Olympics
Posted: August 4th, 2008, 2:00am EDT by By STEPHANIE CLIFFORD
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NBC executives call the company’s TV ads plugging its new movie, “The Mummy,” and the Beijing Olympics synergy. Some viewers call it confusing.
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Media Talk: A Rare CD by Today’s Hot Boy Band: Bids Start at $160. Do I Hear $200?
Posted: August 4th, 2008, 2:00am EDT by By DOUGLAS QUENQUA
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To teenage girls this summer, few things are hotter than the Jonas Brothers, and the sole album on their back list, the out-of-print “It’s About Time.”
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Media Talk: House Goes Home, but Video Goes Online via Cellphone
Posted: August 4th, 2008, 1:58am EDT by By BRIAN STELTER
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Representative John Culberson, a Texas Republican, acted as a citizen journalist, albeit a partisan one, covering Republicans in the House, after the chamber had adjourned for its recess.
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Looking Ahead: The Week’s Major Economic Reports
Posted: August 4th, 2008, 1:58am EDT by By THE NEW YORK TIMES
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Economic news will be led by the Federal Reserve’s meeting on Tuesday to discuss the economy and interest rate policy.
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Market Place: Newspapers Could Be Bargains, but Few Are Buying
Posted: August 4th, 2008, 1:58am EDT by By RICHARD PÉREZ-PEÑA
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The weak economy and tight credit market have slowed buying in all sorts of media, but the drop-off is especially pronounced in newspapers.
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Link by Link: An Internal Wiki That’s Not Classified
Posted: August 4th, 2008, 1:57am EDT by By NOAM COHEN
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The State Department’s creation of “Diplopedia,” an internal wiki, is part of its changing ethic from “a need to know culture” to a “need to share culture,” an employee said.
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Drilling Down: Read, Then Cut Along the Dashes
Posted: August 4th, 2008, 1:55am EDT by By ALEX MINDLIN
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Readers of Sunday newspapers are more likely than other Americans to use coupons, according to a survey released recently by Scarborough Research.
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Treasury Auctions Set for This Week
Posted: August 4th, 2008, 1:53am EDT by By THE NEW YORK TIMES
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The Treasury’s schedule of financing this week included Monday’s regular weekly auction of new three- and six-month bills and Tuesday’s auction of four-week bills.
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Jewish Channel Offers Issues, History and Offbeat Movies
Posted: August 4th, 2008, 1:52am EDT by By JOANNE KAUFMAN
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Elie Singer has prevailed in creating a cable outlet that’s been labeled the “Jewish HBO.”
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Screen Actors Guild Is Divided Against Itself
Posted: August 4th, 2008, 1:50am EDT by By BROOKS BARNES
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Infuriated by hard-line tactics used by SAG leaders in contract talks with studios, a less militant collection of actors has started a campaign to take over the guild.
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Media Outlets Are Seeking a Campaign Bounce of Their Own
Posted: August 4th, 2008, 1:48am EDT by By BRIAN STELTER and RICHARD PÉREZ-PEÑA
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Voter interest in the presidential race may be soaring, but many media companies are struggling to translate coverage into repeat readers and viewers -- or revenue.
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The Media Equation: Grim News for a Paper in Jersey
Posted: August 4th, 2008, 1:47am EDT by By DAVID CARR
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In a state with a record of corruption that needs watching, its major newspaper is looking for buyouts from a quarter of the newsroom.
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A Textbook Example of Ranking Artworks
Posted: August 4th, 2008, 1:24am EDT by By PATRICIA COHEN
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The economist David Galenson is convinced that the type of economic analysis that explains the $4-plus gas at the pump can also explain the greatest artists of the last 100 or so years.
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Riches to Rags
Posted: August 3rd, 2008, 10:07am EDT by By DANIEL GROSS
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Kevin Phillips argues that America’s monomaniacal focus on finance is hurting us in the diverse global economy.
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Consumed: New Looks
Posted: August 3rd, 2008, 12:40am EDT by By ROB WALKER
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An art entrepreneur makes his way into a new realm -- the art world.
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The World: Beyond the Trade Pact Collapse
Posted: August 3rd, 2008, 12:37am EDT by By DAVID E. SANGER
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Globalization’s new rules: The West no longer calls the shots.
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Questions for T. Boone Pickens: In the Air
Posted: August 1st, 2008, 3:03pm EDT by Interview by DEBORAH SOLOMON
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The oil tycoon talks about his plan to solve America’s energy crisis, why he’s not running for the presidency (this time) and why he’ll never vote for a Democrat.
