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| U.S. Shed Fewer Jobs Than Expected in April Fri, 02 May 2008 19:08:23 GMT The economy in April lost 20,000 jobs, fewer than predicted, but the report suggested to many economists that the U.S. is ensnared in a recession. |
| Raising Yahoo Bid, Microsoft Steps Up Talks Fri, 02 May 2008 19:13:18 GMT In a breakthrough after a months-long standoff, Microsoft has increased its offer and intensified negotiations, a person involved in the talks said. |
| Fed Takes Steps to Add Liquidity Fri, 02 May 2008 16:25:10 GMT The Federal Reserve moved to increase the size of its cash auctions to banks and allow financial institutions to put up credit card debt, student loans and car loans as collateral for Fed loans. |
| Stocks Mostly Advance After Employment Report Fri, 02 May 2008 19:00:22 GMT Wall Street was mostly higher after a better-than-expected government employment report stirred optimism about the buoyancy of the economy. |
| Chevron Earnings Up 10% on Record Oil Prices Fri, 02 May 2008 13:03:26 GMT Net income in the first quarter rose to $5.17 billion at Chevron as soaring oil prices outweighed weak profits from gasoline production. |
| Viacom Profit Jumps 33% Fri, 02 May 2008 16:40:21 GMT The company posted first-quarter profit of $270 million on stronger results at its cable networks and Paramount studio. |
| Parmalat Settles U.S. Class-Action Case Fri, 02 May 2008 13:35:38 GMT The Italian dairy group said it will issue new stock valued at more than $36 million to settle a case brought by former shareholders in connection with the 2003 collapse of the company. |
| DealBook: Linens ‘n Things Lands in Chapter 11 Fri, 02 May 2008 18:18:24 GMT The seller of housewares and bedding is now one the biggest companies taken private in the recent buyout boom to land in bankruptcy court. |
| As Gas Costs Soar, Buyers Flock to Small Cars Fri, 02 May 2008 18:29:43 GMT About one in five vehicles sold in the U.S. in April was a compact or subcompact car, while sales of pickups and S.U.V.’s fell sharply. |
| Democrats and Fox News Make Friends Fri, 02 May 2008 05:14:18 GMT The once-frosty relationship between Fox News and the Democratic candidates seems to have grown warmer as they find each other useful. |
| Beijing Air Terminal Goes All Out for the Games Fri, 02 May 2008 17:23:51 GMT The $3.8 billion structure, the latest in China’s Olympic works, can handle more than 50 million fliers a year. |
| At Kodak, Some Old Things Are New Again Fri, 02 May 2008 05:23:10 GMT Eastman Kodak, which once considered itself the Bell Labs of chemistry, has embraced the digital world and the researchers who understand it. |
| Big Retailers Scaling Back Expansion Plans and Shutting Stores Fri, 02 May 2008 05:15:36 GMT Store closings and delayed openings are expected to ripple through the economy, depriving many communities of sales tax revenue. |
| For a 4th Month, Shoppers Curtail the Desire to Spend Fri, 02 May 2008 06:24:20 GMT Americans had plenty of reasons not to spend: workers’ wages continued to grow at an anemic pace, even as higher prices for food and gasoline pinched pocketbooks. |
| House Panel Approves Bill to Assist Borrowers Fri, 02 May 2008 05:04:27 GMT The House Financial Services Committee approved legislation that would make up to $300 billion in insured loans available to refinance the mortgages of borrowers in danger of foreclosure. |
| In Tougher Times, Carlyle Looks Abroad Fri, 02 May 2008 05:11:07 GMT The Carlyle Group is counting on its head start in international markets to help it weather recent turbulence. |
| From Making the Cases to Challenging Them Fri, 02 May 2008 06:49:30 GMT Pro bono positions are part of a growing trend by law firms, which have been grappling to meet various challenges on the pro bono front. |
| Advertising: Agency Pays $12 Million to Settle Accounting Case Fri, 02 May 2008 06:55:39 GMT The Interpublic Group agreed to pay the fine to settle a Securities and Exchange Commission investigation into its accounting practices. |
| National Geographic Wins 3 Awards, Honored Beyond Photography Fri, 02 May 2008 05:05:37 GMT The awards reflect the efforts of National Geographic, long recognized for top-flight photography, to elevate the rest of its offerings. |
| Amazon Sues Over State Law on Collection of Sales Tax Fri, 02 May 2008 17:30:53 GMT The lawsuit raises questions over whether vendors who are not physically present in New York State should collect tax on behalf of the state. |
| Agency Seeks New Credit Card Rules Fri, 02 May 2008 05:04:51 GMT The federal agency that oversees savings associations is proposing new rules that would prohibit several practices of the credit card industry that consumer groups have long called unfair and deceptive. |
| Like Motorists, Airlines Are Reducing Their Speed to Save Fuel Costs Fri, 02 May 2008 04:59:59 GMT Drivers have long known that slowing down on the highway means getting more miles to the gallon. Now airlines are trying it, too |
| Do the Rich Pay Taxes? Italy Tells All Fri, 02 May 2008 04:40:38 GMT The departing government of the center-left Prime Minister Romano Prodi posted on Wednesday the returns for all 40 million Italians who paid taxes in 2005. |
| Jury Gets Hollywood Wiretap Case Fri, 02 May 2008 05:40:30 GMT The six-year-old Hollywood wiretapping case went to the jury after a federal prosecutor urged the panel members to look past the celebrities and entertainment moguls involved. |
| Sun Microsystems Posts Loss and Plans to Reduce Jobs Fri, 02 May 2008 04:59:01 GMT The network server company swung to a loss in its most recent quarter, ending five straight quarters of profit, as the company struggled to cope with a challenging economy. |
| Insurer Income Falls Fri, 02 May 2008 03:26:30 GMT MetLife said that first-quarter net income fell 37 percent, hurt by investment losses. |
| Cable Spending Aids Comcast’s Profit Fri, 02 May 2008 03:10:28 GMT Promotional offers and higher cable television spending fueled the first-quarter profit of Comcast, which showed limited effects from an economic slowdown. |
| G.M. Invests in Second Ethanol Process Fri, 02 May 2008 07:31:19 GMT The company said it had invested in Mascoma, a company that has proprietary technologies for making ethanol from sources like papermill waste, corn stalks, wood chips and switchgrass. |
| Burger King Quarterly Profit Rises Fri, 02 May 2008 05:38:05 GMT Burger King Holdings Inc posted a rise in quarterly profit on Thursday, boosted by higher sales at new and remodeled restaurants. |
| Tyco Electronics Profit Beats Expectations Fri, 02 May 2008 05:37:57 GMT Second-quarter earnings rose to $301 million as gains in the company’s global industrial and infrastructure businesses offset slower growth in its consumer markets. |
| Clorox Profit Falls on Higher Costs Fri, 02 May 2008 05:37:49 GMT The consumer products maker said third-quarter profit fell nearly 23 percent, hurt by rising costs for energy and raw materials. |
| Bolivia's Morales Deepens Control of Economy Fri, 02 May 2008 05:39:56 GMT Bolivia’s President Evo Morales deepened state control of the economy on Thursday, the second anniversary of his energy nationalization. |
| Stocks & Bonds: A Big Rally as Two Worries Ease a Bit Fri, 02 May 2008 06:19:01 GMT Wall Street shot higher on Thursday as investors saw a rising dollar and falling oil prices as promising signs for the economy. |
| High & Low Finance: Determining Who Rides the Lifeboat Fri, 02 May 2008 05:26:19 GMT As the mortgage crisis spilled over into a credit squeeze threatening Wall Street, the government tried to prevent disaster while not helping those who don’t deserve it. |
| Washington Post Profit Drops on Newsweek Charge Fri, 02 May 2008 14:27:19 GMT First-quarter profit fell 39 percent to $38.8 million, hurt by an early retirement program charge at Newsweek and a continued loss of revenue from the media company’s newspapers. |
| Weyerhaeuser Swings to Quarterly Loss Fri, 02 May 2008 14:31:09 GMT The lumber and paper producer posted a first-quarter loss of $148 million, hurt by a sagging housing market and low product prices. |
| Nortel Loss Grows, but Company Expects to Meet Targets Fri, 02 May 2008 16:45:34 GMT Nortel posted a bigger first-quarter loss as a series of charges weighed on results, but the telecommunications equipment maker said it still expected to meet full-year targets. |
| Microsoft Outlines Its Yahoo Strategies Fri, 02 May 2008 07:28:16 GMT Microsoft’s chief executive told employees that the company would announce in “short order” which of three paths it would choose in its pursuit of Yahoo. |
| Time Warner Refocusing With Move to Spin Off Cable Thu, 01 May 2008 03:44:09 GMT The move spotlighted the company’s future as a pure content provider and signaled a renewed focus on its Warner Brothers movie studios and Turner Networks. |
| Cablevision Set to Raise the Stakes in Newsday Bidding Thu, 01 May 2008 04:16:55 GMT Cablevision is preparing a $650 million offer for Newsday, while the owners of The New York Observer have dropped out of the bidding. |
| Producers’ Group Pessimistic on Labor Talks With Actors Thu, 01 May 2008 03:40:19 GMT The stage is set for a new and more difficult phase in the showdown between actors and producers over a contract to replace the current deal, which expires June 30. |
| Pellicano on Pellicano: He Was No Mastermind Thu, 01 May 2008 04:14:01 GMT Defiant and colorful to the end, the accused Hollywood wiretapper Anthony Pellicano told jurors in his racketeering trial that he was simply a diligent private eye. |
| Advertising: Politics and the Economy Occupy Ad Agencies Thu, 01 May 2008 04:36:21 GMT A look back at some of the highlights, lowlights and sidelights of the 2008 Four A’s leadership conference. |
| Fed Moves to Ease Strains in Credit Markets Fri, 02 May 2008 13:39:01 GMT The Federal Reserve announced it was increasing the size of some cash auctions for financial institutions and the amount of dollars it provides to the European Central Bank and Swiss National Bank. |
| British Bank Offers an Optimistic Outlook Fri, 02 May 2008 08:47:02 GMT The Bank of England suggested Thursday that the credit crisis was easing and said markets have been too pessimistic about the impact of subprime losses on banks and the wider economy. |
| For Europe’s Middle-Class, Stagnant Wages Stunt Lifestyle Thu, 01 May 2008 12:55:08 GMT Families that once enjoyed Europe’s vaunted quality of life are pinching pennies to buy necessities, and cutting back on extras like movies and vacations abroad. |
| Memo From Frankfurt: As Euro Nears 10, Cracks Emerge in Fiscal Union Thu, 01 May 2008 11:40:31 GMT By most yardsticks, Europe’s common currency has been a success. Yet fissures are forming in the European monetary union that threaten to widen in coming months. |
| For Exxon Mobil, $10.9 Billion Profit Disappoints Fri, 02 May 2008 08:48:10 GMT Exxon’s shares fell after the company reported that first-quarter net income rose 17 percent, slightly below expectations. |
| French Premier to Seek Common Fiscal Policy in U.S. Thu, 01 May 2008 04:31:34 GMT François Fillon will try to build a common approach to meet growing concerns in France and the U.S. about market instability and the weak dollar. |
| 5 Asian Nations Are Weighing a Rice Cartel Thu, 01 May 2008 07:34:48 GMT The Thai government announced it would try to create a cartel of rice-producing countries in partnership with Vietnam, Cambodia, Myanmar and Laos. |
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