Items by By ABHA BHATTARAI
NYT > Business
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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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G.E. and Abu Dhabi Fund Form Financial Partnership
Posted: July 23rd, 2008, 12:11am EDT by By ABHA BHATTARAI
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General Electric said it would partner with Mubadala Development Company, an Abu Dhabi-based sovereign wealth fund, to create an $8 billion commercial finance fund.
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Fugitive Hedge Fund Manager Surrenders
Posted: July 2nd, 2008, 11:29am EDT by By ABHA BHATTARAI
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The surrender of Samuel Israel III to law enforcement officials on Wednesday ended a manhunt that began shortly after he faked his suicide on the day that he was to report to prison.
NYT > Home Page
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Fugitive Hedge Fund Manager Surrenders
Posted: July 2nd, 2008, 11:29am EDT by By ABHA BHATTARAI
Tags: [edit]
The surrender of Samuel Israel III to law enforcement officials on Wednesday ended a manhunt that began shortly after he faked his suicide on the day that he was to report to prison.
NYT > Business
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Rhode Island Court Rejects Lead Paint Ruling
Posted: July 1st, 2008, 5:25pm EDT by By ABHA BHATTARAI
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The state’s top court overturned a landmark jury decision that would have forced three paint manufacturers to pay billions of dollars to clean up contaminated homes.
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Class-Action Lawyer Gets 5 Years in Bribery Case
Posted: June 28th, 2008, 1:51am EDT by By ABHA BHATTARAI
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Richard F. Scruggs, whose battle against the tobacco industry made him one of the country’s best-known plaintiff’s lawyers, received five years for conspiracy to bribe a judge.
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Sentences Reduced for Adelphia Founder and Son
Posted: June 26th, 2008, 12:45am EDT by By ABHA BHATTARAI
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The sentence of John Rigas, 83, was reduced to 12 years from 15 years, and the sentence of Timothy Rigas, 52, was reduced to 17 years from 20 years, prosecutors said.
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Dow Chemical Raises Prices for Second Time in a Month
Posted: June 24th, 2008, 11:13pm EDT by By ABHA BHATTARAI
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Dow said that it was raising prices for the second time in a month, as well as introducing freight surcharges and reducing production to offset ever-rising energy costs.
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Stocks Are Steadier, but Analysts Are Cautious
Posted: June 10th, 2008, 12:51am EDT by By ABHA BHATTARAI
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The Dow recovered some of its big losses on Monday after oil prices retreated, but the broader stock market remained mixed as financial stocks continued to tumble.
NYT > Home Page
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Dow Plunges More Than 400 Points
Posted: June 6th, 2008, 4:31pm EDT by By ABHA BHATTARAI
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The markets opened lower on Friday and then just kept falling, hit by a remarkable rise in the price of crude oil and a spike in the unemployment rate.
NYT > Business
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Dow Plunges More Than 400 Points
Posted: June 6th, 2008, 4:25pm EDT by By ABHA BHATTARAI
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The markets opened lower on Friday and then just kept falling, hit by a remarkable rise in the price of crude oil and a spike in the unemployment rate.
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Retailers Post Surprising Sales
Posted: June 6th, 2008, 12:46am EDT by By ABHA BHATTARAI
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Discount retailers fared particularly well as price-conscious customers spent income-tax rebate checks.
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A Loss, but Toll Brothers Tops Expectations
Posted: June 3rd, 2008, 6:15pm EDT by By ABHA BHATTARAI
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The luxury home builder posted a narrower-than-expected loss of $93.7 million in the second quarter, hurt by weakened demand amid the nation’s housing slump.