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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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A tax break added billions to the federal government’s current deficit, but the government says it should recoup 80 percent of the shortfall in the future.
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The front wheels have lifted off the runway. Now, Americans are waiting to see if the economy can truly get aloft.
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With 243,000 jobs created in January, the economy is starting to look more positive. That might be a plus for the president in the November election.
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Two dueling realities — an improving economy that remains very weak — create serious political risks for top advisers to President Obama and Mitt Romney.
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Mark Zuckerberg plans to exercise stock options with an estimated value of $5 billion ahead of Facebook’s initial public offering, which will translate into a big tax benefit for the company.
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The clause would have prohibited the company's shareholders from filing class-action lawsuits, forcing them into a confidential arbitration process instead.
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With a $2 million base salary, the 2011 pay package for Lloyd Blankfein, the chief executive of Goldman Sachs, so far totals $9 million. Goldman has not yet disclosed the size of his cash bonus.
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The traditional canoe is at the center of several projects aimed at reducing Fiji’s energy consumption, providing cheaper transport, keeping local traditions alive and giving a boost to tourism.
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The state attorney general asserted that fraudulent use of the tracking system allowed Bank of America, Wells Fargo and JPMorgan Chase to avoid the need for recording mortgage transfers.
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The company planned to move locomotive production to other operations in North and South America after contract talks with unionized workers soured.
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Steve Appleton, whose death was considered a major loss for the struggling company, was piloting the small craft in Boise, Idaho.
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William J. Baer, a lawyer at Arnold and Porter, was nominated by President Obama to head the Justice Department’s antitrust division.
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The Securities and Exchange Commission has reached a settlement with the former chief financial officer of Qwest Communications International, Robert Woodruff, regarding a civil fraud suit.
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Tyson Foods said its profit fell to $156 million, or 42 cents a share, in its fiscal first quarter; that was down from $298 million, or 78 cents a share, a year earlier.
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Mr. Moretti started his automotive accessories company Momo in 1966, and it expanded to make an array of racing products.
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In submissions of tax burdens from readers, James Ross, founder and managing member of the investment firm Rossrock, was on a perch all his own.
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Newt Gingrich set up his speaking and consulting business as an S corporation, which exempted this portion of his income from Medicare taxes, an unusual move for a business based on services.
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A retiree qualified for lower car insurance premiums, but found that out only after a chance piece of mail prodded him to call his insurer.
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The major developed countries are all experiencing slowdowns in growth, a trend the International Monetary Fund’s new projections indicate will continue.
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The opacity surrounding prices and the practice of charging different buyers different prices for identical goods or services contribute mightily to the cost of health care, but at the least the former may be on the way out, an economist writes.
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Most football fans will be forced to spend at least part of the weekend away from televised Super Bowl coverage. For those not willing to endure that sort of pain, the N.F.L. this week released three apps to help.
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Facebook filed to go public, minting new millionaires while cementing Mark Zuckerberg’s leadership role; the housing market continued to fall, but the employment picture is brighter; and advertisers prepared for the Super Bowl, many by releasing their big, splashy commercials in advance on the Web.
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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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