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Showing posts with the label NYT: Afternoon Business News

NYT: Afternoon Business News: Markets Ahead on Hopes for European Bank Plan

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BUSINESS Shunning Nuclear Plants at Home, Japan Pursues Building Them Overseas By HIROKO TABUCHI The Tokyo government is supporting a new push by Japanese industry to sell nuclear power technology elsewhere, particularly in smaller countries. Endangered Dragon As Its Economy Sprints Ahead, China's People Are Left Behind By DAVID BARBOZA China's current economic system favors state-run banks and companies over wage earners, who are largely denied the benefits of the nation's remarkable growth. Media Decoder Blog Netflix Abandons Plan to Rent DVDs on Qwikster By BRIAN STELTER Netflix said Monday morning that it had decided to keep its DVD-by-mail and online streaming services together under one name and to abandon its plan to start a new company called Qwikster. Post a Comment Markets Ahead on Hopes for European Bank Plan By REUTERS Stocks rose on Monday after a renewed pledge by France and Germany to co

NYT: Afternoon Business News : KidTech: Glasses With a Videocamera Inside

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BUSINESS Latest News At Time Of Posting 6 minutes ago NYTimes KidTech: Glasses With a Videocamera Inside 17 minutes ago NYTimes Wall Street Ties Bring Peril for Democratic Lawmaker 20 minutes ago NYTimes Sheen Settles 'Two and a Half Men' Suit  

NYT: Afternoon Business News: Markets Jump on Word of a Manufacturing Rebound

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BUSINESS DealBook Zynga Files for $1 Billion I.P.O. By EVELYN M. RUSLI The filing by the online gaming company comes amid a growing sense of urgency among some of the largest Web companies to go public. Markets Jump on Word of a Manufacturing Rebound By THE ASSOCIATED PRESS The Institute for Supply Management said that its manufacturing index rose in June, and the report spurred a flurry of buying on Wall Street. Growth Slows in China's Manufacturing Sector Manufacturing Index Turns Around in June Carmakers See Slower Growth in Auto Sales in June By NICK BUNKLEY Sales across the industry were higher last month compared to a year earlier, but the annualized selling rate likely fell to the lowest level of the year. Common Sense A Collision of Creativity and Cash at Disney/Pixar By JAMES B. STEWART While Disney focuses on lucrative franchises, Pixar maintains it is devoted to the story. In "Cars 2," Disne

NYT: Sfternoon Business News: Chrysler Pays Back Loans From the U.S. and Canada

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BUSINESS Chrysler Pays Back Loans From the U.S. and Canada By BILL VLASIC The carmaker said it made payments of $5.9 billion to the United States Treasury and $1.7 billion to Export Development Canada in a series of transactions completed Tuesday morning. U.S. Commodity Regulator Sues Oil Traders By GRAHAM BOWLEY The agency accuses three companies and two individuals of manipulating oil markets when crude prices reached $100 a barrel in 2008. U.K. Budget Gap Widens By JULIA WERDIGIER Britain's austerity plan hit a snag in April when the budget shortfall widened more than expected as tax revenue fell, according to official data. DealBook As Bank Woes Ease, F.D.I.C. Fund Nears Positive Territory By ERIC DASH Only four lenders were added to the government list of so-called problem banks in the first quarter, bringing the total to 888 from 884, the smallest increase since the financial crisis began. Greek Govern

NYT: Afternoon Business News: Battered Dollar's Decline May Be Starting to Reverse

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BUSINESS Battered Dollar's Decline May Be Starting to Reverse By LANDON THOMAS Jr. For the better part of the past decade, and particularly in the past few months, the dollar has been the weakling of the foreign exchange world. That may be starting to change. At I.M.F., Maneuvering to Replace Jailed Chief By LIZ ALDERMAN Dominique Strauss-Kahn has not left the International Monetary Fund, but jockeying has begun to replace him. H.P. Profit Up 5%, but PC Sales Are Declining By VERNE G. KOPYTOFF The company revised its forecast for the current quarter, indicating worries about the impact of the Japan earthquake, softness in sales of PCs and lower operating profits in its services unit. DealBook LinkedIn Rockets to $4 Billion Valuation By EVELYN M. RUSLI LinkedIn is poised to make its closely watched stock market debut on Thursday. Who's next among the social media darlings? Profit Rises at Wal-Mart, but U.S. Sales Languish By STE

NYT: Afternoon Business News: Rise in April's Retail Sales Comes With a Warning

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BUSINESS Crude Oil Falls Below $100 a Barrel By CLIFFORD KRAUSS Oil prices plummeted by almost 9 percent on Thursday as traders worried that American drivers were beginning to balk at the price of gasoline. Green Blog: Dissecting the Oil Price Tumble Rise in April's Retail Sales Comes With a Warning By STEPHANIE CLIFFORD Sales at stores open at least a year increased 8.9 percent on average, but retailers are beginning to raise concerns about the price of gasoline. G.M.'s Earnings Triple in First Quarter 10:33 AM ET G.M.'s Earnings Triple in First Quarter By BILL VLASIC First-quarter net income was $3.2 billion, or $1.77 a share, one of G.M.'s best performances since the early 2000s. Quarterly revenue rose about 15 percent to $36.2 billion. Gap Dismisses Its Design Chief as Sales Falter By STEPHANIE CLIFFORD Gap's retail sales in North America have been trending downward, with same-store sales in March down 9 p

NYT: Afternoon Business News: Sarkozy Supports Italian Official to Lead Central Bank

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BUSINESS Sarkozy Supports Italian Official to Lead Central Bank By LIZ ALDERMAN and JUDY DEMPSEY The French president's decision to support Mario Draghi as head of the European Central Bank creates a problem for the German chancellor. U.S. Home Prices Fell Again in February By DAVID STREITFELD The decline leaves housing prices on the verge of a new low for a real estate downturn that seems to have no end. Economix Blog: Whither the Housing Bottom? Media Decoder Blog Couric Confirms Departure From CBS By BILL CARTER ABC has emerged as the dark-horse candidate to land Katie Couric's planned syndicated show. Post a Comment Smaller Cars Lift Ford's Profit to $2.55 Billion By NICK BUNKLEY It was Ford's best first quarter since 1998, despite a shift to smaller cars, which usually result in lower profits. Media Decoder Blog Aflac Finds Its New Duck on the ... Web By STUART ELLIOTT A Minnesota radio executive who au

NYT: Afternoon Business News: Gold Tops $1500

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BUSINESS Gold Tops $1,500 an Ounce in 'Flight to Quality' By MATTHEW SALTMARSH Investors are worried about everything from global inflation to government debt to turmoil in North Africa and the Middle East. Strong U.S. Earnings Give Markets a Lift By THE ASSOCIATED PRESS Several high-profile American companies delivered earnings that beat analysts' expectations. Housing data was also positive. DealBook Prosecutors Describe 'Devastating Proof' of Rajaratnam's Guilt By PETER LATTMAN In its closing argument, the government highlighted the secretly recorded conversations of Raj Rajartnam as "the most powerful evidence." Bits Blog 3G Apple iOS Devices Store Users' Locations By NICK BILTON A file was discovered on the Apple iPhone and 3G iPad that stores the device's location data. Vote to Unionize Airport Screeners Goes to a Runoff By STEVEN GREENHOUSE The nation's airport screeners voted to

NYT: Afternoon Business News: U.S. Nuclear Industry Faces New Uncertainty

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BUSINESS U.S. Nuclear Industry Faces New Uncertainty By JOHN M. BRODER A fragile bipartisan consensus on nuclear power's promise for the United States may have dissolved. U.S. Nuclear Plants Have Same Risks as Japanese Counterparts Germans and Swiss Suspend Work on Nuclear Plants 1:12 PM ET Shares Fall Amid Concerns About Japan By GRAHAM BOWLEY Investors tried to assess the economic fallout from the earthquake, the tsunami and the nuclear-power disaster in Japan. Bank of Japan Expands Asset Purchases to Support Economy Disruptions of Power and Water Threaten Japan's Economy Nuclear Plants in Europe Are Delayed By JUDY DEMPSEY Switzerland and Germany plan safety investigations in the wake of accidents at Japanese nuclear operations. E.U.'s Latest Rescue Package Seen Falling Short-Again By LANDON THOMAS Jr. Analysts and investors greeted the package worked out last weekend with cautious approval. But there appears to be a