Financial News from New York Times

  • An Empire Built on Hugs @ New York Times - 49 minutes ago

    Mata Amritanandamayi, known as Amma, is a globe-trotting guru who embraces the masses — and a get-it-done management style for her charities.

  • Untangling What Companies Pay in Taxes @ New York Times - 4 hours ago

    Though companies often make their tax situation as opaque as possible, citing complex calculations, much can be gleaned by looking at a standard measure in public reports over several years.

  • Shareholders? Fuhgeddaboudit! @ New York Times - 5 hours ago

    It’s that time of year when shareholders speak their minds at annual meetings. But that doesn’t mean the companies’ boards are always listening.

  • Those Caffeine Rituals at the Office @ New York Times - 5 hours ago

    Readers respond to “Coffee Rites, and the Stories They Tell” (Workstation, May 19).

  • What Eisenhower Taught Me About Decision-Making @ New York Times - 5 hours ago

    Bill Marriott Jr. says a 1954 chat with President Eisenhower taught him that when it comes to making decisions, it’s always important to be inclusive of others.

  • Despite all the hoopla about an “open data” society, many consumers are being kept in the dark.

  • Bequeathing the Keys to Your Digital Afterlife @ New York Times - 5 hours ago

    An assortment of services can help you and your heirs organize the online accounts that you will eventually leave behind.

  • On the Horizon, Five Reasons to Smile @ New York Times - 6 hours ago

    Although high unemployment and lackluster personal income still plague the nation’s economy, several developments provide reason for longer-term optimism.

  • It was a good week for leaders of two major American companies. But it brought frowns from some corporate-governance watchers.

  • A long-running math miscalculation on what a father owes leads the Haggler to the New York City Office of Child Support Enforcement.

  • Vintage Apple-1 Sells for Record $671,400 @ New York Times - 7 hours ago

    An Apple-1 computer, made in 1976 and originally priced at $666, sold for a record $671,400 at an auction in Germany. The sale shows the run-up in prices for the vintage machines recently.

  • Mr. Johnson was a Pulitzer Prize-winning journalist, television commentator and author who spent most of his career at The Washington Post and won wide acclaim for his coverage of the capital.

  • Kentucky Operator to Cease Enrichment of Uranium @ New York Times - 18 hours ago

    The closing of a plant in Paducah, Ky., could pose a problem for the American nuclear weapons arsenal over time but is not likely to affect civilian nuclear electric plants.

  • Mike Darnell, who has supervised reality programming for Fox since before the term reality show entered the lexicon, oversaw “American Idol,” once the most popular show on American TV.

  • Ex-Chief Convicted of Trying to Defraud Bank @ New York Times - 21 hours ago

    Edward Woodard Jr., and three others were convicted of conspiring to defraud the Bank of the Commonwealth of $71 million before its collapse in 2011.

  • Fatburger to Sell Beef Patties in Walmarts @ New York Times - 21 hours ago

    The fast-food chain said it would sell the patties in 3,100 of the country’s 4,000 Walmarts.

  • The company, now owned by Bausch & Lomb, pleaded guilty to promoting its eye drug Xibrom for unapproved uses.

  • The Standard & Poor’s 500-stock index has more than doubled since Barack Obama took office, an accomplishment achieved by only four other presidents.

  • On the Front Lines of Food Safety @ New York Times - 21 hours ago

    Fruit growers, farm workers and a major retailer have started a program aimed at preventing the types of bacterial outbreaks that have sickened consumers who ate contaminated produce.

  • Brokerage firms say that options, traditionally used by professional traders, can be profitable for ordinary investors, but this does not square with many investors’ experiences.

  • Why Did Citigroup Try to Overturn an Overhaul? @ New York Times - 22 hours ago

    Citigroup’s direct involvement in shaping a House bill suggests it feels that it should work behind the scenes to shape legislation for its benefit. Fears about its bottom line may have been what stirred ...

  • Talking About Money With Aging Parents @ New York Times - 22 hours ago

    Share your experience and tips on how to start a conversation about organizing your parents’ financial and legal affairs.

  • The technology reporters and editors of The New York Times scour the Web for important and peculiar items. For Friday, selections include earthquakes shifting the locations of GPS markers on the ground, ...

  • An energy company’s plan to drill an exploratory oil well in a bucolic area of southern England has galvanized residents.

  • Durable Goods Orders Rose 3.3 Percent in April @ New York Times - 23 hours ago

    The gains suggest economic growth may be holding steady this spring.

  • A Best-Selling Phone? It’s Not Just a Good Phone @ New York Times - Fri, May 24, 2013 5:10 PM EDT

    Making a good phone isn’t enough to compete in the brutal handset market. Just ask HTC, BlackBerry, Nokia and just about any company that isn’t Apple. Chetan Sharma, an independent telecommmunications ...

  • Week in Review: Wall St. Finding Washington a Friendlier Place @ New York Times - Fri, May 24, 2013 3:55 PM EDT

    Banks’ lobbyists help in drafting bills on finance. | Brazil is luring the millisecond investor. | In a plus for electrics, Tesla repays a big federal loan early. | After a vote, Jamie Dimon moves to mend ...

  • Exxon Defies Calls to Add Gays to Anti-Bias Policy @ New York Times - Fri, May 24, 2013 3:24 PM EDT

    More than 88 percent of Fortune 500 companies have adopted written policies prohibiting bias on the basis of sexual orientation, but Exxon Mobil has refused.

  • News Corporation Board Approves Split of Company @ New York Times - Fri, May 24, 2013 3:14 PM EDT

    The company is expected to complete its separation on June 28, with publishing assets in one company and most film and television units in another.

  • The Talk You Didn’t Have With Your Parents Could Cost You @ New York Times - Fri, May 24, 2013 2:51 PM EDT

    Children may be reluctant to ask aging parents about their estate and financial affairs, but information shared can prevent confusion later.

  • A Freddie Mac Rule Change May Help Some Borrowers @ New York Times - Fri, May 24, 2013 2:00 PM EDT

    Baby boomers and other home buyers with limited incomes but substantial financial assets could qualify for low-rate conventional mortgages.

  • F.T.C. Is Said to Begin a New Inquiry on Google @ New York Times - Fri, May 24, 2013 1:56 PM EDT

    People contacted in connection with the case said that regulators were asking questions about Google’s bundling of advertising services.

  • How Vintage Apple Computers Used to Sell @ New York Times - Fri, May 24, 2013 1:31 PM EDT

    Original Apple-1 computers can now sell for hundreds of thousands of dollars at professional auctions. But the vintage machines have been selling informally for years. The story of the 1997 sale of an ...

  • An Ackman Investment Scorecard @ New York Times - Fri, May 24, 2013 12:59 PM EDT

    The departure of Robert McDonald as Procter & Gamble’s chief executive was yet another victory for the hedge fund manager William A. Ackman. But how is the activist investor doing in his other big bets?...

  • Bausch & Lomb Said to Be Near $9 Billion Sale to Valeant @ New York Times - Fri, May 24, 2013 12:51 PM EDT

    If completed, a transaction would be one of the biggest health care deals of the year. And it could reap a sizable profit for Bausch & Lomb’s current owner, Warburg Pincus.

  • The Security Sideshow in the Fight Over Sprint @ New York Times - Fri, May 24, 2013 12:40 PM EDT

    Dish Network’s argument that Japanese ownership of the U.S. cellphone operator is a risk to national security is half-baked and shows desperation, the author contends.

  • What Gets You Up in the Morning? @ New York Times - Fri, May 24, 2013 11:41 AM EDT

    Purpose is a uniquely powerful source of fuel – and satisfaction. That’s why we resonate so strongly with exhortations that speak to it, the author writes.

  • The Curious Case of the European Vodka Seller @ New York Times - Fri, May 24, 2013 11:38 AM EDT

    A super-speedy prepackaged bankruptcy and a choice for convertible noteholders — all in Delaware.

  • Leaving Behind the Digital Keys to Financial Lives @ New York Times - Fri, May 24, 2013 11:34 AM EDT

    As more people do their banking and investing online, the lack of a paper trail poses a problem for business partners, executors and heirs.

  • Some Borrowers Need More Equity to Sell Homes @ New York Times - Fri, May 24, 2013 11:15 AM EDT

    Rates of “underwater” homeowners continue to fall, an analysis finds, but higher equity may still be necessary to sell a home.

  • When a Billionaire Speaks Off the Cuff on Motherhood @ New York Times - Fri, May 24, 2013 10:44 AM EDT

    A furor has erupted over comments made by Paul Tudor Jones, a billionaire hedge fund manager and philanthropist, who was captured on video trying to explain why there is a scarcity of female traders.

  • With Little to Cheer, 3 Major Indexes End Week Lower @ New York Times - Fri, May 24, 2013 9:42 AM EDT

    The Dow, the Standard & Poor’s 500-stock index and the Nasdaq all finished the week lower for the first time since mid-April.

  • Chief of Austrian Bank Offers to Resign @ New York Times - Fri, May 24, 2013 8:55 AM EDT

    Herbert Steptic, the chief executive of Raiffeisen Bank International, is facing scrutiny of his personal investments in Asian real estate.

  • Morgan Stanley Names New Chiefs for Asia Equities @ New York Times - Fri, May 24, 2013 8:41 AM EDT

    Jerome Leleu and Mille Cheng will be co-heads of its equity capital markets business in Asia. The pair will replace Justin Haik, who is moving to a new role as senior client relationship manager for equities ...

  • Friday Reading: A Hotel That Helps With Breast-Feeding @ New York Times - Fri, May 24, 2013 8:28 AM EDT

    A hotel that helps with breast-feeding, showdown coming on student loan rates, disability and discrimination at the doctor’s office and other consumer-focused news from The New York Times.

  • Laurene Powell Jobs and Anonymous Giving in Silicon Valley @ New York Times - Fri, May 24, 2013 8:05 AM EDT

    Silicon Valley’s billionaires have long been criticized for not giving away enough money, but there are signs that some, like the widow of Steve Jobs, are instead choosing to do it anonymously, and paving ...

  • Q&A: Monitoring Multiple iTunes Downloads @ New York Times - Fri, May 24, 2013 7:25 AM EDT

    Apple’s iTunes 11 program moves the Downloads icon to a new location.

  • P.&G. Chief Is Out @ New York Times - Fri, May 24, 2013 7:18 AM EDT

    Procter & Gamble said on Thursday that its chief executive, Robert A. McDonald, had resigned. | Four executives of SAC Capital Advisors have received subpoenas to testify before a grand jury. | In a push ...

  • Debating How to Market an iPhone App @ New York Times - Fri, May 24, 2013 7:00 AM EDT

    A founder of Wanderable, a honeymoon gift registry, talks about the cost of advertising on wedding blogs and how she chose her company’s name.

  • Daily Report: An Early Apple Computer for More Than $100,000 @ New York Times - Fri, May 24, 2013 6:27 AM EDT

    Apple-1 computers, built in Steve Jobs’s family garage, have sold for hundreds of thousands of dollars in recent auctions, a run-up reflecting the company’s mystique, Steve Lohr reports in The New York ...

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