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NYT > Business
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| http://www.nytimes.com/pages/business/index.html?partner=rss |
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The decision could cost the bank tens of millions a year in revenue and put pressure on other banks to do the same.
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As awareness spreads that lithium is an ingredient for hybrid cars, a hunt is under way for sources of the metal.
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Germany’s proposal to establish a European Monetary Fund ran into skepticism at home and abroad, highlighting the political and legal hurdles that such an undertaking would face.
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Investors remained reluctant to make significant moves without a clear sense of the recovery’s strength.
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The company, which claimed it could protect against identify theft, will pay $12 million and change its marketing campaign.
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The social networking site plans to roll out features next month that will give its 400 million users the option of sharing their location with friends as part of their news feeds.
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Backers said Northwest Florida Beaches International would bring new businesses and residents to the Florida Panhandle; critics said it would also bring environmental problems.
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Only about 100 of 790 buildings that are eligible for hourly prices have opted for the Con Ed service.
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Prime Minister Gordon Brown asserts that the programs would be fairer and reduce some costs at hospitals and nursing homes. But some critics see an election ploy.
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The net loss of $1.04 billion was the second blow in as many days for the planemaker, which confirmed that it would not bid for a contract to build tankers for the U.S. Air Force.
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The combined business would jointly control about 29 percent of the $19 billion-a-year global market for medicines for pets and livestock.
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The oil giant also said that it would sell some of its overseas operations, like the Pembroke refinery in Wales..
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The Securities Investor Protection Corporation issued a warning about a group masquerading as another investor protection group in an apparent attempt to lure victims of Bernard L. Madoff.
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Even as big companies are moving their pension funds out of stocks, state governments are chasing higher returns by making riskier investments.
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The company’s network pushes the limits of translation technology and has become a favored source for millions.
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The country, which kicked out oil firms in 1938, now needs assistance to get its oil out of the ground.
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Somewhat upbeat economic data, new tensions in Nigeria and reports that China plans to build up its reserves have lifted crude prices. Gasoline prices have followed.
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A national commitment to solar power transformed one community but big subsidies led to unsustainable growth.
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Pfizer and two competitors with their eyes on global growth pursue a big maker of generics.
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The investigation will focus on Select Medical, which runs more long-term care facilities than any other company.
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The carmaker said reports of continued acceleration problems after a repair could be traced to improper work.
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The Brazilian government says it might raise tariffs on some American goods, but adds that the problem could be settled through negotiations.
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The company, which operates shopping malls, has been fighting off an unsolicited $10 billion takeover bid from a rival.
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Business has become so global that companies are giving cultural training even to those who never go overseas, because they work with people around the world.
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Andre Berto is a boxing champion who is sometimes mistaken for other people, especially the football player Reggie Bush.
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Selling exit-row seats to all comers raise questions about whether all buyers are suitable to perform emergency evacuation procedures.
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Newly frugal companies used a lot of previously seen commercials during the Academy Awards show, but there were some notable new spots.
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Portugal’s plan relies on reducing investment, capping public sector wage growth, and selling off state assets.
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The show business trade paper said “economic reality” dictated jobs cuts, eight in total.
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Several members of the Senate Banking Committee are said to support a deal to strip the Fed of its regulatory powers over all but the 23 largest banks.
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The joint venture offered $4.04 a share for the Australian energy company, which produces natural gas from coal beds.
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Increasing demand for phone systems and industrial machinery allowed the chip maker to forecast a profit at the high end of estimates.
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The results were aided by strong overseas growth and a small rise in United States sales, including sales of its breakfast dollar menu and McCafe drinks.
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JetBlue and Delta said they feared that repair work at Kennedy International Airport would penalize them unfairly for delays.
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Fannie Mae and Freddie Mac owned more than 131,000 properties between them at the end of 2009, according to annual filings.
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When Germans think they’ll have to bail out Greeks, centuries of bad feelings on both sides come out of hiding. Can a new Europe put them back in their cage?
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Tehran is playing its hand as if its untapped oil reserves give it a trump card. But the longer the nuclear stalemate drags on, the more that strategy is in doubt.
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Should a consumer protection agency have true independence, as many Democrats believe it should, so that it has real power to act on its own?
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Net profit fell 96 percent on lingering repercussions from a 2008 fire and the disastrous breakdown of Eurostar trains at the height of the year-end travel season.
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Meridee A. Moore of Watershed Asset Management, a hedge fund, likes the back-and-forth of working in an open space. Private offices, she says, are lonely.
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