NYT > Business (9 unread)
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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Electronic Arts said that it has withdrawn its $2 billion tender offer to purchase its smaller rival, ending its five-month long hostile takeover bid.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.
