Mon, May 28, 2012, 5:35 PM EDT - U.S. Markets closed for Memorial Day

Financial News from New York Times

  • Put the Cellphone Away @ New York Times - 8 minutes ago

    Companies have increasingly begun to adopt cellphone restrictions in recent years, according to the National Safety Council, a nonprofit advocacy group.

  • A mini-submarine made with cheap plastic parts and readily available electronics could change underwater exploration by making an inexpensive device available to a larger number of explorers and researchers. ...

  • Mikhail Fridman’s departure renewed turbulence at the joint venture, TNK-BP, which accounts for about a quarter of the British oil company’s total global output and much of its profit.

  • Poor marks could eventually mean fines or other penalties for members that do not make adequate efforts to balance their books.

  • Is there a correlation between growing sales of Greek yogurt in the United States and the worsening Greek economic crisis?

  • New Computer Virus Looks Like a Cyberweapon @ New York Times - 2 hours 25 minutes ago

    A new computer virus, called Flame, has been targeting thousands of computers in the Middle East, particularly in Iran. It has been grabbing screenshots of users' computer screens, recording their instant ...

  • An e-commerce site that sells hair extensions has overcome challenges like spotty electrical service to gain some market share.

  • Renesas to Outsource Chip Making @ New York Times - 4 hours ago

    Renesas Electronics is sending some of its production to Taiwan Semiconductor Manufacturing as it struggles with the biggest shakeout in the Japanese chip sector in a decade.

  • Chinese Car Dealership Halts I.P.O. @ New York Times - 4 hours ago

    The company, China Yongda Automobiles Services, cited poor investor sentiment in Asia in halting the deal, which could have raised as much as 3.37 billion Hong Kong dollars.

  • The Problem With Europe Is Not Just the Euro @ New York Times - 4 hours ago

    The really big challenges to Europe's standard of living come not from the euro crisis, but from globalization, technological change and aging populations.

  • Indonesian stores create "hang-outs" by incorporating seating and low-cost, ready-made food.

  • Spanish Borrowing Costs Rise on Bank Troubles @ New York Times - 8 hours ago

    Spain’s borrowing costs neared record highs amid concerns over the plan to bail out Bankia.

  • Identity thieves file taxes early and often, help finding unique lodging online, F.A.A. gives seating tips for the littlest fliers and other consumer-focused news from The New York Times.

  • This Week in Small Business: Blame the S.B.A. @ New York Times - 10 hours ago

    Plus: Home sales up, gridlock eases, lessons from "Shark Tank" and Howard Stern. And do you think entrepreneurship can be taught in an academic setting?

  • Valuing Domestic Product @ New York Times - 11 hours ago

    Understanding the value of household work and the factors that go into it is a reminder that households nurture human capital, with long-term consequences for the economy, an economist writes.

  • Europeans are deeply divided over whether the euro zone countries should create common bonds to reduce borrowing costs for members that cannot get affordable credit on their own. But despite the intensity ...

  • Stocks Fall on Worries About Spain @ New York Times - 13 hours ago

    The Spanish benchmark index fell 2 percent and other European indexes were lower on concern about Spain's banking crisis.

  • At U.S.C., Media Training for Afghan Students @ New York Times - 19 hours ago

    For about seven weeks, two students get an education in writing, editing, cinematography and whatever else it takes to make programming for screens, large and small.

  • Silvio Berlusconi’s television company is flailing amid Internet-driven challenges to the government’s traditional favored status for the media’s old guard.

  • Canada May Step In to Resolve Rail Strike @ New York Times - 20 hours ago

    Canada’s government has enforced back-to-work legislation to end strikes in the past. With a breakdown in talks, the government may be leaning more in that direction.

  • A Doomed Romance With a New Orleans Newspaper @ New York Times - 20 hours ago

    In a city where not much of anything works, The Times-Picayune does, and nothing got print romanticists more dewy-eyed than the announcement of its reduced schedule.

  • The board’s inspector general had found that one of its five members, Terence F. Flynn, gave information to two Republican associates, including an adviser to Mitt Romney.

  • Forecasting Hollywood Academy’s Succession @ New York Times - 21 hours ago

    Because of term limits, Tom Sherak, president of the Academy of Motion Picture Arts and Sciences, is leaving a post that has emerged as one of the few bully pulpits in the film business.

  • Economic Reports for the Week Ahead @ New York Times - 22 hours ago

    This week’s reports include the Standard & Poor’s/Case-Shiller home price index for March and personal income and spending for April.

  • Spanish Bank President Portrays Upside to Bailout @ New York Times - 22 hours ago

    Billions of euros in aid are an investment for the government, not a loan, said José Ignacio Goirigolzarri, the president of the troubled Spanish lender Bankia.

  • The modern design guide Dwell will introduce an annual publication with New York magazine tied to a weeklong design festival.

  • Treasury Auctions Set for This Week @ New York Times - 23 hours ago

    The following tax-exempt fixed-income issues are scheduled for pricing this week.

  • As Euro Bond Wins Supporters, Details Remain Vague @ New York Times - Sun, May 27, 2012 2:50 PM EDT

    Europeans are deeply divided over the question of whether euro zone countries should create common bonds to reduce borrowing costs for members that have trouble getting affordable credit.

  • For Tech Start-Ups, New York Has Increasing Allure @ New York Times - Sun, May 27, 2012 2:01 PM EDT

    New York may not be overtaking the Bay Area as a technology hub, but it is becoming enough of an alternative that a few West Coast-born startups are moving east.

  • Facebook Tries, Tries Again on a Smartphone @ New York Times - Sun, May 27, 2012 1:53 PM EDT

    Can a software company build its own smartphone? We may well find out soon. This past week, Google completed its acquisition of the hardware maker Motorola Mobility for $12.5 billion, which could lead ...

  • As Apps Move Into Cars, So Do More Distractions @ New York Times - Sun, May 27, 2012 1:24 PM EDT

    Automakers are fighting an undeclared war over in-dash apps, worrying regulators about more distracted driving.

  • Digital Domain: Goodbye to Windows Live @ New York Times - Sat, May 26, 2012 9:35 PM EDT

    In Sunday's New York Times, Randall Stross writes about Microsoft's marketing strategies involving the phrase "Windows Live."

  • Slipstream: Learning to Chase Online Word of Mouth @ New York Times - Sat, May 26, 2012 9:27 PM EDT

    Fab.com, a pioneer in social retailing, is the kind of e-commerce site that encourages shoppers to discover and select products through crowdsourcing, Natasha Singer writes in The New York Times on Sunday....

  • Facebook's Royal Wedding @ New York Times - Sat, May 26, 2012 9:01 PM EDT

    The wedding of Mark Zuckerberg to Priscilla Chan last weekend in the backyard of their $7 million home in Palo Alto, Calif., had all the staging of a carefully orchestrated celebrity event, report Laura ...

  • Presidential Panel Urges More Flexible Use of Spectrum @ New York Times - Sat, May 26, 2012 8:51 PM EDT

    A just-completed report from a presidential advisory committee urges President Obama to adopt new computer technologies to make better use of a huge swath of the radio spectrum now controlled by federal ...

  • Goodbye to Windows Live (and Whatever It Meant) @ New York Times - Sat, May 26, 2012 5:20 PM EDT

    Microsoft is leaving behind the once-ubiquitous, yet often confusing, Windows Live as a brand name, and renaming every product that currently features that two-word phrase.

  • Learning to Chase Online Word of Mouth @ New York Times - Sat, May 26, 2012 5:15 PM EDT

    Fab.com is a social-retailing pioneer — encouraging shoppers to discover and choose products through crowd-sourcing. And it keeps a constant watch on how customers spread the word.

  • Letters: Gauging the Cost of the Bailouts @ New York Times - Sat, May 26, 2012 5:08 PM EDT

    Readers respond to “Seeing Bailouts Through Rose-Colored Glasses” (Fair Game, May 20).

  • The Betting Window Is Open for Greece’s Future @ New York Times - Sat, May 26, 2012 4:57 PM EDT

    Just about everyone agrees that the chance of Greece abandoning the euro has risen of late. It’s now the topic of speculation on an online betting market.

  • A Director With Irons in So Many Fires @ New York Times - Sat, May 26, 2012 3:05 PM EDT

    The woes are multiplying for James W. Breyer, a venture capitalist who is on the board of four companies with high-profile problems: Facebook, Dell, News Corporation and Wal-Mart.

  • A Power Vacuum Is Killing the Euro Zone @ New York Times - Sat, May 26, 2012 2:59 PM EDT

    The world needs to face the danger that the euro could implode — proving that one of the world’s major economic units simply hasn’t worked — says Tyler Cowen.

  • Quick Getaways, at the Divorce Hotel @ New York Times - Sat, May 26, 2012 2:47 PM EDT

    The Dutch entrepreneur behind Divorce Hotel, a weekend program for couples looking to end their marriages quickly, wants to introduce the concept to the United States.

  • So, Your Idea Hit a Brick Wall. Congratulations! @ New York Times - Sat, May 26, 2012 2:09 PM EDT

    Kyle Zimmer of the nonprofit First Book says that when it comes to hiring, she looks for people who have tried great new things, failed and overcome the disappointment.

  • The Hunch, the Pounce and the Kill @ New York Times - Sat, May 26, 2012 1:45 PM EDT

    JPMorgan Chase lost big because of outsize trades, but not before Boaz Weinstein, a hedge fund manager, seized a rich opportunity, winning in a high-risk game of nerves.

  • Presidential Panel Urges More Flexible Use of Spectrum @ New York Times - Fri, May 25, 2012 10:16 PM EDT

    A shift in computer technologies would relieve radio spectrum congestion caused by the popularity of smartphones, the authors of a report said.

  • Icahn Buys a Stake in Chesapeake Energy @ New York Times - Fri, May 25, 2012 10:10 PM EDT

    The chief executive has used personal stakes in Chesapeake’s wells to obtain more than $800 million in private loans. Carl Icahn wants four new directors on the nine-member board.

  • Consumer Sentiment Rises to Highest Level in Four Years @ New York Times - Fri, May 25, 2012 9:40 PM EDT

    As the unemployment rate declines, people seem to be more optimistic, with higher-income households expecting pay increases.

  • New Products Reverse a Loss at Mentor Graphics @ New York Times - Fri, May 25, 2012 9:32 PM EDT

    The company, which makes software products for engineers, posted a $28.2 million first-quarter profit, reversing a loss in the same quarter last year on strong demand for new products and cost controls....

  • Bank Regulators Under Scrutiny in JPMorgan Loss @ New York Times - Fri, May 25, 2012 9:24 PM EDT

    Fallout from JPMorgan Chase’s bad bets is revealing lapses in the policing of the office that disclosed a multibillion trading loss.

  • Media Executive's Father Ordered to Pay $250,000 in Suit Over Fake Picasso @ New York Times - Fri, May 25, 2012 8:56 PM EDT

    Jack Kavanaugh, the father of the Relativity Media chief executive, Ryan Kavanaugh, was ordered on Friday to pay $250,000 in punitive damages for his role in the sale of a fraudulent Picasso drawing.

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