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NYT > Business Day
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| http://www.nytimes.com/pages/business/index.html?partner=rss&emc=rss |
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Media and Internet giants at odds over dealing with purloined content on the Web may need to agree first on exactly how bad the problem is.
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The Federal Reserve Bank of New York announced that it had sold securities with a face value of $6.2 billion to Goldman, which beat out four other investment banks in the auction.
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After three days, Prime Minister Lucas Papademos finally met with other leaders as evidence mounted that they were close to agreeing to measures required for a bailout.
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France, Germany, Italy, Spain and Britain will “intensify their cooperation” to identify U.S. tax cheats in return for help in finding U.S. accounts held by residents of those countries.
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Groupon narrowed its fourth-quarter loss to $9.8 million on an adjusted basis, as the online coupon giant sought to demonstrate its continued growth in its first earnings release as a public company.
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Improved demand for business products lifted results for the maker of computer networking equipment.
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The company's strategy of shedding under-performing assets and focusing on content was paying off, according to its chief executive, Jeffrey L. Bewkes.
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The nation’s No. 3 cellphone carrier reported a fourth-quarter loss of $1.3 billion, or 43 cents a share, on revenue that climbed 5 percent to $8.7 billion.
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The news that A380 wing bracket cracks could be more widespread comes at a time when Boeing is grappling with what it said were minor defects on its 787 “Dreamliner.”
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Court hearings meant to protect New York homeowners from foreclosure are hopelessly slowed by endless paperwork and requests for additional information.
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The paper, struggling to overcome the decline in advertising, has reduced the size of its newsroom staff by more than 200 people over the last three years.
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Rupert Murdoch’s British newspaper subsidiary was reported to have reached a new batch of settlements on Wednesday in the hacking scandal.
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Shares of Caesars, which were priced at $9 on Tuesday, nearly doubled on Wednesday, as the casino company, which was taken private in a 2008 leveraged buyout, returned to the public markets.
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The reductions are the second wave of job cuts at Nokia under Steven Elop, a former Microsoft executive.
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Michael Hasenstab, whose Franklin Templeton Global Bond Fund owns billions in Irish and Hungarian bonds, is drawing comparisons to the giants of the mutual fund industry.
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The accord, valued at around $4 billion, guarantees German companies access to critical minerals in exchange for technological and other investments.
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Four long-serving directors will leave, and two new members have been named, following the resignation of the co-founder Jerry Yang.
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When Sarbanes-Oxley was passed in 2002, it was attacked almost exactly like Dodd-Frank is today. But for all the criticism, the law did help clean up American corporate accounting.
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The Internet industry and media giants are struggling to find common ground on how to combat online piracy. Amy Chozick reports that the two sides cannot even agree on the scale of the problem.
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Huge televisions, once an expensive oddity, are now the affordable norm.
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Restricting what recipients of food stamps and other government support may buy doesn't seem to work, an economist writes.
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Entrepreneurs see pros and cons in the America Invents Act, which is being phased in through March 2013.
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A Seattle librarian celebrated for championing communal reading is now being vilified for cooperating with the behemoth that many booksellers see as a threat to their existence.
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Some large banks make small loans, similar to payday loans, for customers with direct deposit.
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Governments around the world are wrestling with the question of what, if anything, to do about plastic bags, and there are few figures to support any of the arguments.
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Goldman Sachs appears to have done nothing improper in advising Kinder Morgan and the El Paso Corporation in a deal, but it raises questions about how investment banks do business.
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Articles in this series are examining challenges posed by increasingly globalized high-tech industries.
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An animated explanation of how banks use securities lending to make a profit, while their customers cover the losses.
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