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Business news |
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NYT > Business Day
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Falling Rates Aid Debtors, but Hamper Savers
Those who live off their savings and investments are hit hard by falling interest rates, as corporations borrow cheaply and sit on the cash.
 
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On Clean Energy, China Skirts Rules
Big government subsidies for clean energy companies, like cheap land and low-interest loans, may be in violation of W.T.O. rules.
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After Fine, Botox Awaits Approval for Migraine
Allergan will pay $600 million for its marketing tactics while the F.D.A. decides on the drug?s use for migraines.
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Bracing for Cuts, Military Firms Shed Workers
Tightened spending at the Pentagon is unsettling the defense industry. A quarter of executives at Lockheed Martin jumped at the chance to take a buyout.
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Google Unveils Tool to Speed Up Searches
Google?s change may save users time, but may also affect the many businesses that have been built around placing search ads on the site.
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G.M. Makes a Play for Buyers and Investors
The reception that the Chevrolet Cruze receives from consumers could play a large role in wooing investors.
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Investor Fears Force Split-Up of Irish Bank
The increasing burden of Anglo Irish Bank?s losses has become a millstone for the government, which is seeking to avoid a Greek-style bank bailout.
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Genentech Scientist to Lead Rockefeller University
Marc Tessier-Lavigne will be the first to leave Genentech?s top scientific ranks since its acquisition by Roche in March 2009.
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7-Eleven Is Said to Be Among the Bidders for Casey?s Stores
The convenience store chain 7-Eleven is the unnamed third party that has bid $2 billion for Casey?s General Stores, topping an offer from Alimentation Couche-Tard, said a person briefed on the matter.
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Obama, in Rally Mode, Steps Up Jabs at G.O.P.
President Obama called for an end to Bush-era tax cuts for the wealthy in a lengthy and sharply populist speech.
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The Editor of Lucky Magazine Is Replaced
Lucky Magazine?s founding editor, Kim France, has been replaced by Brandon Holley, the former editor for Condé Nast?s at the defunct Jane magazine.
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Piers Morgan to Step Into Larry King?s Shoes
Known mostly as a judge on ?America?s Got Talent,? the 45-year-old will seek a mix of hard and soft news guests.
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Data on Seattle Nonprofits Is Now Public
The Seattle Foundation is trying to give potential donors more insight into how their money would be spent.
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BP Spill Report Hints at Legal Defense
BP released the results of an internal investigation that heaped some of the blame on itself, but mostly pointed at other companies.
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State of the Art: In Season 9, iPods Still Get High Ratings
The 2010 iPod crop includes modest improvements, a risky new design and a home run in the new iPod Touch.
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