NYT > Business (56 unread)
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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.
