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Showing posts with the label NYT: Afternoon Business News.

NYT: Afternoon Business News: Markets Assault Spain and Italy Debt

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  BUSINESS Markets Assault Spain and Italy Debt By LIZ ALDERMAN AND MATTHEW SALTMARSH Investors are returning their attention to the serial debt woes in Europe, and they do not like what they see. Costly Drone Is Poised to Replace U-2 Spy Plane By CHRISTOPHER DREW Despite countless delays and budget battles, the Air Force is betting that a $12 billion program of unmanned drones is ready to gather intelligence from heights only dreamed of. Car Sales Show Restrained Growth By NICK BUNKLEY Honda and Toyota posted sharp decreases, while General Motors, Ford and Chrysler reported increases. Ford Recalls 1.1 Million Pickup Trucks 12:52 PM ET Toyota, Rebounding From Quake, Raises Profit Forecast By HIROKO TABUCHI The revised estimate came as the Japanese automaker posted a 1.1 billion yen net profit for the April-June quarter, a tiny fraction of the 190.4 billion yen it earned a year earlier. Square Feet Cities See Another Side

NYT: Afternoon Business News: Surveys Point to Slowdowns in Euro Zone and China

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BUSINESS DealBook Express Scripts to Buy Medco for $29 Billion By ANDREW ROSS SORKIN and CHRIS V. NICHOLSON Express Scripts, the pharmacy benefits manager, is buying Medco Health Solutions for $29.1 billion, a major consolidation for a health care industry in transition. DealBook Morgan Stanley Posts $558 Million Loss but Beats Expectations By KEVIN ROOSE Despite showing improvement in its major divisions, Morgan Stanley reported a loss of $558 million on Thursday, as it continued to deal with the aftereffects of the financial crisis. Surveys Point to Slowdowns in Euro Zone and China By MATTHEW SALTMARSH AND BETTINA WASSENER One survey showed that growth stalled in the euro zone's manufacturing and service sectors, while in China another index showed that attempts to slow a red-hot economy are working. Nokia to Cut Costs More After Loss By KEVIN J. O'BRIEN Nokia announced plans to accelerate cost-cutting efforts as

NYT: Afternoon Business News: At a Time of Needed Financial Overhaul, a Leadership Vacuum

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BUSINESS The Minutiae of an Airline Merger By JAD MOUAWAD When Delta acquired Northwest three years ago, executives did not fully anticipate the thousands of tiny details that can make the difference between a successful merger and a failed one. Trade Panel Rejects Key U.S. Claim in Airbus-Boeing Dispute By NICOLA CLARK The ruling finds that European aid to Airbus cost its American rival market share and may require a remedy, but says it was not prohibited. DealBook Rating Agencies Face Crackdown By BEN PROTESS The Securities and Exchange Commission proposed sweeping new rules on Wednesday to overhaul the rating business. App Smart Searching for a Job? Try Looking at Your Hand-Held First By BOB TEDESCHI Unlike many other job-search apps, the new software from Monster.com is well designed and useful. DealBook At a Time of Needed Financial Overhaul, a Leadership Vacuum By JESSE EISINGER The financial regulatory syste

NYT: Afternoon Business News: A Shift in the Balance of Debt Obligations.

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BUSINESS Off the Charts A Shift in the Balance of Debt Obligations By FLOYD NORRIS After growing rapidly for almost 20 years, the outstanding debts of the financial sector and households fell in the last two years. Radiation Fears Add to Japan's Economic Woes By ANDREW POLLACK While experts say there is little danger of contaminated food or manufactured products entering the United States from Japan, such fears could hurt Japanese exports. Yen Eases and Stocks Rise on G-7 Intervention By BETTINA WASSENER and MATTHEW SALTMARSH The intervention, the first such coordinated G-7 action since the euro was propped up in September 2000, brought some stability to the currency markets. DealBook Fed Releases Results of Bank Stress Tests By ERIC DASH The Federal Reserve is relaxing its hold on some of the nation's biggest banks - permitting them to raise dividends or buy back shares for the first time since the financial crisis in the fal

NYT: Afternoon Business News: Scrutiny Falls on 2 More Economies in the Euro Fold.

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Scrutiny Falls on 2 More Economies in the Euro Fold By LIZ ALDERMAN Investors have started asking whether Italy and Belgium may be the next weak links in Europe's monetary union. Markets Rise After Success of Bond Sale in Portugal By CHRISTINE HAUSER and DAVID JOLLY Trying to inject calm, the European Central Bank hinted it could adopt more aggressive bond-buying measures. Fed Releases Details on Emergency Loans 12:44 PM ET DealBook Is It Research or Insider Trading? By PETER J. HENNING Prosecutors may have a hard time proving that outside experts received any benefit or breached their fiduciary duty. Ford and G.M. Sales Rose in November By NICK BUNKLEY Automakers expect the year to end much stronger than it began. Media Decoder Blog Google Set for E-Book Venture By JULIE BOSMAN Google says it will introduce Google Editions, its long-awaited foray into electronic books, by the end of the year. • More Business News »