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Showing posts with the label 2011 Afternoon Business News

NYT Friday Dec. 30, 2011 Afternoon Business News: When Investors Rush In, and Out, Together

BUSINESS When Investors Rush In, and Out, Together By GRAHAM BOWLEY The prices of financial assets, which in normal conditions move in unpredictable directions, are increasingly surging up or down in lock step. Off the Charts The Year the Governments Lost Their Credibility By FLOYD NORRIS In 2011, European governments badly underestimated the debt crisis and the United States nearly defaulted and had its credit rating cut. Tax Benefits From Options as Windfall for Businesses By DAVID KOCIENIEWSKI Companies that granted stock options after the 2008 stock market collapse are benefiting from those awards too - in the form of tax savings. Spain Raises Deficit Forecast By THE ASSOCIATED PRESS Spain's new conservative government forecast the country's 2011 budget deficit at 8 percent of its gross domestic product. Index Points to Weakness in Chinese Economy By REUTERS The HSBC purchasing managers' index edge