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NYT > Business
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| http://www.nytimes.com/pages/business/index.html?partner=rss |
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Economists said the data signaled a rebound in consumer demand in the U.S. and other Western markets.
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Senator Bob Corker wants a proposed bank agency to be more lenient, but critics say consumers would be hurt.
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Investors bought shares of firms bailed out by the government amid speculation that their balance sheets would substantially improve.
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Wholesale inventories declined 0.2 percent in the first month of the year, as businesses remained cautious about restocking their depleted shelves.
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Terra Industries said on Wednesday that it has deemed a new $4.7 billion takeover offer by CF Industries Holdings is superior to a $4.1 billion deal it had already signed with Yara International of Norway.
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The chief executive of a troubled recorded music division is stepping down.
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Ibaraki Airport, which opens Thursday about 85 kilometers, or 52.7 miles north of Tokyo, aims to be a completely new type of Japanese hub.
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European antitrust regulators took a step toward approving an alliance between British Airways, American Airlines and Iberia.
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The decision that could cost the bank tens of millions a year and put pressure on other banks to do the same.
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The multiple, and at times seemingly conflicted roles, of investment banks like Goldman Sachs have also drawn scrutiny.
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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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DePuy Orthopaedics alerted doctors to a high early failure rate of its artificial hip after announcing it would phase out the device citing slow sales.
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Unemployment rose in 30 states in January, the Labor Department said, which was somewhat better than December, when 43 states reported higher jobless rates.
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A week after announcing its austerity plan, Portugal sold more bonds than initially planned Wednesday, and at a lower borrowing cost.
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The countries are the last two major economic powers to agree with the aims of the nonbinding agreement.
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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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The Federal Reserve has ended nearly all of the lending programs it created in 2007 to combat the credit crisis, but in the coming months it must decide when and how to tighten monetary policy.
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Two drivers reported problems with Priuses that they said were not related to a sticking mat.
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Mattel is planning versions of Barbie and Ken styled after four “Mad Men” characters in a promotion for the television series as well as for Barbie.
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With a petition to the F.C.C. and a letter to Congressional leaders, cable and satellite providers said the current rules were “broken and in need of repair.”
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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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Only about 100 of 790 buildings that are eligible for hourly prices have opted for the Con Ed service.
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Turkey's economy minister said the country no longer needed emergency funds.
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Prime Minister Gordon Brown’s plan to provide free care for the growing elderly population faces opposition at a time of record deficits.
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In such a move, Metro-Goldwyn-Mayer would be taken over by its creditors in exchange for debt forgiveness, people briefed on the matter said.
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Israel, widely believed to have nuclear weapons and possessing no oil, said on Tuesday that it intended to develop civilian nuclear plants for energy.
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As Democrats considered potential maneuvers, business groups announced plans for a campaign to stop the legislation.
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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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Robert Christie, who joins the Times Company after seven years with Dow Jones, will fill a position left vacant since August.
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The complaint accuses Variety of contractual breach, negligence and unfair business practices in connection with the film, “Iron Cross.”
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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 Campaign for a Commercial-Free Childhood was evicted after pressuring the Walt Disney Company into offering refunds to buyers of its Baby Einstein videos.
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Some fear a proposed change to a film incentive program would discriminate against productions with gay characters.
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The drug, known for its ability to smooth frown lines, can now be used to treat spasticity in muscles of the elbow, wrist and fingers.
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President Obama’s health reform plan is a mixed bag for those who care about keeping down medical costs.
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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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