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NYT > Business
Wed, 20 Aug 2008 19:25:43 GMT
Aug 20, 2008 12:14PM
F.D.I.C. Moves to Help IndyMac Borrowers
Thousands of homeowners with distressed mortgage loans linked to the failed lender IndyMac may soon be able to avoid foreclosure under a program announced Wednesday by banking regulators.
Aug 20, 2008 12:22PM
Big Dreams for Growing North Korean Industrial Park
KAESONG, North Korea ? The Kaesong Industrial Park is worlds away from the North Korean city on whose outskirts it sits. While the South Korean-run industrial park has modern factories and motorists in sport utility vehicles, the city of Kaeson is straight out of the cold war. Long stretches of joyless gray apartment blocks loom above empty boulevards, and loud red signs proclaim the victory of the workers? party.
Aug 20, 2008 12:20PM
Wall Street Stumbles Through Erratic Session
Stocks moved moved in and out of positive territory as the price of oil also seesawed and worries persisted about the financial sector.
Aug 20, 2008 09:31AM
Company Ordered to Give Test Drug to Teenager
A federal judge has ordered a research company to supply an experimental drug to a 16-year-old Minnesota boy who is terminally ill with muscular dystrophy.
Aug 20, 2008 12:09PM
Report Suggests Breakup of British Airport Operator
British competition authorities called for the breakup of BAA in a preliminary report that recommended the sale of two of its three airports serving London and one in Scotland.
Copyright 2008 The New York Times Company
USATODAY.com Money - Top Stories
Wed, 20 Aug 2008 15:12:48 GMT
Aug 20, 2008 08:21AM
Apple acknowledged that a software update for the iPhone partly fixes the connection snags that have caused a global firestorm ...
Aug 20, 2008 06:32AM
Mortgage demand drops despite falling rates
Mortgage applications fell last week despite a drop in interest rates, the Mortgage Bankers Association said Wednesday.
Aug 20, 2008 11:34AM
FDIC sets mortgage plan for distressed IndyMac borrowers
Troubled home borrowers with loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan ...
Aug 20, 2008 11:06AM
Hyundai plans to sell gasoline-electric hybrid in U.S.
Hyundai Motor says it will bring a gasoline-electric hybrid version of its Sonata sedan to the U.S.
Aug 20, 2008 11:15AM
Stocks and oil stumble through erratic trading session
Stocks stumbled through an uneven session Wednesday, ratcheting up and down as the price of oil also seesawed and worries persisted ...
Copyright 2008, USATODAY.com, USA TODAY
Briefing.com - Market Snapshot Pages
2008-08-20T15:01:02GMT
Looking Ahead: The OPEC Decision
OPEC will face an interesting decision at its Sept. 9 meeting.
Page One: HP Report, Oil Are Center of Attention
For the second day in a row, the stock market suffered some notable losses in a broad-based move.
After-Hours Report: HP Provides Pleasing Report
Price level vs. 4 pm ET: The stock market posted a 0.9% loss Tuesday, as continued concerns regar
Page One: Data Drives Down Market
Volume at the NYSE was just under 1.0 billion shares Monday and Fannie Mae (FNM) and Freddie Mac (
After-Hours Report: CME and NYMEX Agree to Merge
Price level vs. 4 pm ET: News flow was relatively light Monday, but participants still found an e
MSNBC.com: Stocks & economy
Wed, 20 Aug 2008 17:42:56 GMT
Aug 20, 2008 10:09AM
Stocks turn mixed in midday trading
Wall Street stumbled through an uneven session Wednesday, ratcheting up and down as the price of oil also seesawed and worries persisted about the financial sector.
Aug 20, 2008 10:42AM
Conference to be referendum on Bernanke, Fed
Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades.
Aug 20, 2008 09:58AM
Oil drops below $113 after U.S. inventory report
The price of oil dipped back to the $113-a-barrel level Wednesday after the government reported a massive increase in the nation?s crude supplies amid a slowdown in fuel demand.
Aug 20, 2008 06:24AM
Hewlett-Packard?s profit jumps 14 percent
Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter but the technology bellwether faces another big challenge ? stiffer personal-computer competition ? that threatens to slow its steady growth.
Aug 19, 2008 03:07PM
Wholesale inflation surged in July
Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released Tuesday.
Copyright 2008 msnbc.com
BBC News | Business | UK Edition
Wed, 20 Aug 2008 17:13:56 GMT
Aug 20, 2008 02:36AM
BAA 'should sell three airports'
The Competition Commission says BAA may have to sell three of its seven UK airports - two in London and one in Scotland.
Aug 20, 2008 04:07AM
Mortgage lending slump continues
The slump in mortgage lending continued in July, according to the latest figures from the Council of Mortgage Lenders.
Aug 20, 2008 04:21AM
Discount supermarket sales rise
Discount supermarkets such as Aldi and Lidl see sales grow as cost-conscious UK consumers look to save cash, figures suggest.
Aug 20, 2008 08:11AM
Phone-line breach leads to fine
A near-record fine has been levied after consumers were thrown by a recorded telephone message that caused them to call back.
Aug 20, 2008 07:20AM
Revenue withdraws house sale data
Government statistics on UK property sales are withdrawn from publication because they appear to be wrong.
Copyright: (C) British Broadcasting Corporation, see http://news.bbc.co.uk/1/hi/help/rss/4498287.stm for terms and conditions of reuse
Briefing.com - Stock Market Update
2008-08-20T15:29:13GMT
Stock Market Update: Nearly Unchanged Going to Close
The major indices trade near the unchanged mark going into the final half-hour ...
Stock Market Update: Stocks Recover From the Red
The stock market trades with a slight gain, as strength in the energy (+2.8%) a...
Stock Market Update: Stocks Post Modest Gain as Crude Falls
The stock market has traded in volatile fashion, as have crude prices. At the m...
Stock Market Update: Back in the Red
The major indices come under modest selling pressure as crude oil prices reboun...
Stock Market Update: Subdued Trade
The stock market trades in uneventful fashion in slow news. Five of the ten sec...
MSN Money Investing Ideas
Aug 20, 2008 07:01AM
Coke pins China hopes on Beijing blitz
An association with the Olympics helps the soft-drink maker connect with 1.3 billion consumers. A trickier task is teaching the Chinese 'how to drink Coke and how to love Coke.'
Aug 19, 2008 09:01PM
Yes, the precious metal has pulled back with other commodities. But the underlying trends still suggest it will climb to $1,000 and beyond.
Aug 19, 2008 09:01PM
Russia's boom at a breaking point
After years of dramatic growth, the country's economy is showing the strain of inflation and overpriced real estate.
Aug 19, 2008 06:45PM
Dow off 131 on higher oil, economic worries
The Dow has lost 310 points in 2 days. Wall Street likes Hewlett-Packard earnings. Financial stocks slump again. Housing starts hit a 17-year low. Home Depot's profit falls 24%; Target earnings fall 8%. Producer prices rise 1.2%. Oil jumps above $114.
Aug 18, 2008 09:01PM
Is the dollar's comeback for real?
The greenback's weakness sent foreign stocks soaring over the past few years, and many investors cashed in. Be careful now, because the tables are turning.
Copyright 2006 Microsoft
Yahoo! News: Sports News
Wed, 20 Aug 2008 18:34:08 GMT
Aug 20, 2008 11:34AM
Like lightning, Bolt sets record in Olympic 200m (AP)
AP - Arms churning high, face twisted in pain as he sprinted toward the finish line, Usain Bolt kept glancing at the clock.
Aug 20, 2008 07:10AM
US pulls away from Australia, moves to semis (AP)
AP - Don't doubt this U.S. men's basketball team — and sure don't challenge them, either.
Aug 20, 2008 10:21AM
NASCAR hands out penalties, suspensions to Gibbs (AP)
AP - NASCAR suspended seven crew members of Joe Gibbs Racing and stripped drivers Tony Stewart and Joey Logano of 150 points each Wednesday for cheating after last weekend's Nationwide Series race.
Aug 19, 2008 11:28PM
Receiver Boldin wants Cardinals to trade him (AP)
AP - Arizona Cardinals wide receiver Anquan Boldin asked to be traded, saying he doesn't feel his situation can be resolved and declaring he has no relationship with coach Ken Whisenhunt.
Aug 20, 2008 07:12AM
US beats Japan 4-1 to make Olympic softball final (AP)
AP - Crystl Bustos hit a three-run homer in the ninth inning as the U.S. Olympic softball team beat Japan 4-1 in extra innings and will play for its fourth straight gold medal.
Copyright (c) 2008 Yahoo! Inc. All rights reserved.
SportingNews.com News and Exclusive Analysis
Aug 20, 2008 01:08PM
Aug 20, 2008 01:08PM
Fly: Fly: NBC cashing in on Beijing Olympics
Hey, didn't you used to be the Mets' closer? Yeah, yeah, so a gazillion medals hav...
Aug 20, 2008 12:08PM
Bills QB Edwards misses practice
PITTSFORD, N.Y. (AP) -- Quarterback Trent Edwards has a swollen bruise above his right kneecap, whic...
Aug 20, 2008 12:08PM
DeCourcy: Coaches moved by Operation Hardwood in Iraq
Coaches who traveled to Iraq for Operation Hardwood left with profound impact.
Aug 20, 2008 12:08PM
Olympic roundup: Bolt's double vs. Phelps' feats?
BEIJING (AP) -- Move over, Michael. Make way for Usain.The Beijing Olympics will no longer be re...
Aug 20, 2008 12:08PM
First Phelps, then Bolt in Olympic greatness
BEIJING (AP) -- First the fastest man in the water. Now the fastest man on Earth.The Chinese are...
Yahoo! Sports - MLB News
Wed, 20 Aug 2008 11:28:46 PDT
Aug 19, 2008 06:40PM
Yastrzemski has heart bypass surgery (AP)
Hall of Famer Carl Yastrzemski, the last player to hit for the Triple Crown, was resting comfortably Tuesday night after having triple bypass heart surgery. Yastrzemski, who turns 69 on Friday, had the operation at Massachusetts General Hospital, where he underwent tests after experiencing chest pains in the morning, said his spokesman, Dick Gordon.
Aug 19, 2008 08:11PM
Aybar rallies Rays past Angels 4-2 (AP)
One night the Tampa Bay Rays play long ball. The next they rarely get the ball out of the infield and still beat the Los Angeles Angels. The surging Rays won for the ninth time in 11 games Tuesday night, using Willy Aybar's two-run single to break an eighth-inning tie in a 4-2 win over the Angels that gave Tampa Bay the best record in the American League.
Aug 19, 2008 06:40PM
Trade sends Maddux back to Dodgers (AP)
Greg Maddux is back with the Los Angeles Dodgers for another stretch drive following a 120-mile trip up the California coast. The Dodgers reacquired Maddux from the San Diego Padres on Tuesday, getting the future Hall of Famer and cash for two minor leaguers to be named or cash. "It's nice to be back," Maddux said with a smile.
Aug 19, 2008 08:47PM
Mets closer Wagner out indefinitely (AP)
Billy Wagner has more pain and swelling in his pitching elbow, and the New York Mets' All-Star closer is out indefinitely. Wagner had an MRI on Tuesday that revealed additional inflammation in his left elbow -- an alarming sign after he spent most of the past two weeks resting his ailing arm. Now, the NL East leaders don't know when he might be able to return to the mound, if at all, this season.
Aug 20, 2008 11:28AM
Reds urge patience in letter to fans (AP)
Dear fans: Please be patient. The Cincinnati Reds explain why they traded stars Ken Griffey Jr. and Adam Dunn and ask for patience in a letter sent to fans this week. "By executing these inevitable changes now, we secured more players as part of our focus towards building a deeper, stronger inventory of young talent," the letter states.
Copyright (c) 2008 Yahoo!, Inc. All rights reserved.
Yahoo! Sports - NFL News
Wed, 20 Aug 2008 12:18:23 PDT
Aug 19, 2008 07:15PM
Cardinals WR Boldin asks to be traded (AP)
Arizona Cardinals wide receiver Anquan Boldin asked to be traded, saying he doesn't feel his situation can be resolved and declaring he has no relationship with coach Ken Whisenhunt. "I'm a football player. That's about it," Boldin said Tuesday when asked to characterize his dealings with the coach these days.
Aug 19, 2008 01:25PM
Manning wants to play in Colts opener (AP)
Peyton Manning proved Tuesday he can stand, walk and talk. Next question: Will the two-time league MVP start in the Colts' season opener? Manning made it to his first practice of the season Tuesday, then ended his self-imposed silence by saying he wanted to play in Indianapolis' first regular-season game Sept.
Aug 19, 2008 02:20PM
Falcons cut WR Horn, must pay him $2.5M (AP)
Joe Horn, released by the Atlanta Falcons on Tuesday after the team couldn't trade the veteran receiver, said he is relieved he can pursue a job with another team. The Falcons will receive no return on the guaranteed $2.5 million salary in 2008 for the 36-year-old Horn. Horn said he wished he could have produced better numbers for team owner Arthur Blank.
Aug 19, 2008 05:29PM
Bengals bring back troubled WR Henry (AP)
Receiver Chris Henry is back with the Cincinnati Bengals because their owner has a soft spot for troubled players. Henry signed a two-year deal Tuesday with the team that let him go after he was arrested for the fifth time, a decision that seemed to mark a change in philosophy for owner Mike Brown. Instead, it was an aberration.
Aug 20, 2008 12:18PM
Hasselbeck's back tightens up again (AP)
Seahawks quarterback Matt Hasselbeck missed another day of practice because of a stiff back on Wednesday, and may also not play his second consecutive preseason game against San Diego. Coach Mike Holmgren said after Wednesday morning's drills that No. 3 quarterback Charlie Frye will likely get the bulk of playing time on Monday against the Chargers because Hasselbeck's back remains tight and sore.
Copyright (c) 2008 Yahoo!, Inc. All rights reserved.
FOXSports.com News
Wed, 20 Aug 2008 15:52:07 GMT
Aug 20, 2008 11:50AM
Jamaica's Bolt breaks 200 mark, gets sprint double
Usain Bolt ran the 200m in a blistering 19.30, becoming the first man to sweep the 100 and 200 while setting world records in both.
Aug 20, 2008 10:21AM
Gisele or Jessica? Who's NFL's first lady?
Is a good woman. But which is the best woman? Kevin Hench ponders whether Gisele or Jessica should be the NFL's "first lady."
Aug 20, 2008 11:46AM
Team USA shows it can get tough too
Kobe found his mojo, LeBron found some attitude and Team USA showed it can handle the rough stuff in a big win, says Charley Rosen.
Aug 20, 2008 09:49AM
Under Meyer, Tebow shows what spread can do
Using the spread, Tim Tebow won a title and the Heisman. Naturally, he leads CFN's look at players who excel in the system.
Aug 20, 2008 08:52AM
Business Newz
Kiplinger.com - Business Consolidation of servers is a known way to slash IT costs. Now, new "virtualization" servers can boost efficiency even higher. Presidential Race: Picking Up Speed With the preliminary heats finally over, the presidential candidates are lining up at the starting blocks for the final sprint to the White House. Wind Power Plan Is More Than Hot Air The Pickens Plan is not a panacea for U.S. energy woes, but it will spur lawmakers to rev up the U.S. wind power industry. Much at Stake for Businesses in State Ballot Questions Yes, the big race is for president -- but voters across the U.S. will also give a thumbs-up or thumbs-down this November to a variety of state initiatives on energy, environmental and transportation policy. Should Your Firm Stockpile Antivirals? Every business should know how it will deal with a flu pandemic, but should those plans include a supply of antivirals? Here's help in deciding. All contents copyright 2008 The Kiplinger Washington Editors, Inc.
Yahoo! News: Economy News Aug 20, 2008 09:07AM Labor Dept: Fewer workers killed on job in 2007
(AP)
AP - The number of workers killed on the job annually dropped to a historic low in 2007, the Bureau of Labor Statistics announced Wednesday. Aug 19, 2008 10:26AM Wholesale prices rising at fastest pace since 1981
(AP)
Aug 19, 2008 06:13AM Housing starts dip to lowest level since March '91
(AP)
Aug 15, 2008 06:15AM AP - July industrial output rose by a better-than-expected 0.2 percent, utilities output falls. Aug 14, 2008 05:49AM Jobless claims fall less than expected
(AP)
Copyright (c) 2008 Yahoo! Inc. All rights reserved.
Forbes.com: Business News Aug 20, 2008 03:00AM Mexico's Peso May Face Upward Pressure An increased benchmark interest rate could force the peso to appreciate further. Aug 19, 2008 03:00PM It's Ricky Kirshner's job to make sure the Democrat's big party comes off right. Aug 19, 2008 01:50PM While social networks grab the limelight, small media sites are attracting buyers. Aug 19, 2008 07:00AM Looking For Energy, Google Goes Geothermal Google.org announces it will help find ways to tap the heat under the earth's surface. Aug 19, 2008 03:00AM Regional Banks May Need Federal Rescue U.S. regulators expected to step in if situation worsens and a bailout becomes necessary. Copyright 2007 Forbes.com LLC
Business Know-How Newsletter. Ideas to market and manage small businesses. Aug 19, 2008 10:00AM 5 Ways to Make Money with Voice Mail The telephone can be a powerful tool for generating leads and selling products and services. But getting past your prospects' voice mail presents another challenge altogether. Here are five tips you can use to make voice mail work for you rather than against you. Aug 19, 2008 10:00AM Are you driving customers away? Here are five ways businesses alienate their customers. Aug 14, 2008 10:00AM Jewelry stores use bright lighting to draw your attention to the dazzling jewels they want you to buy. So what are you doing to spotlight the gems in your business? Aug 13, 2008 10:00AM That $20 bill your customer handed you - was it real? Did you bother to check it? Small businesses are prime targets for criminals to unload their counterfeit money. Aug 13, 2008 10:00AM Understanding Your Conversion Rates Your conversion rate - that's how many of your site visitors actually end up making a purchase, right? Well, sort of. Find out how your conversion rate is really made up of several different conversion rates, and how to put that information to use. Copyright 2008 by Attard Communications, Inc. Business Know-How is a registered trademark of Attard Communications, Inc.
Forbes.com: Personal Finance News Aug 20, 2008 07:00AM Petrobras has lost more than one-third of its market value since May. The stock is a bargain. Aug 20, 2008 06:40AM Myriad Of Upside In Oversold Stocks Myriad Genetics shares have nearly doubled since March. Look for the stock to keep moving higher. Aug 19, 2008 03:05PM Suave Spreads In Funky Financials Options traders get down on Comerica and Capital One but bet bullish long-term on Lehman. Aug 19, 2008 02:38PM Energy Buys From Wall Street's Best Strategies of Lynch, O'Shaughnessy and Graham pinpoint attractive alternatives to Big Oil. Aug 19, 2008 02:35PM With a bruised reputation from past drug-approval fiascos, the FDA is swinging too far the other way. Copyright 2007 Forbes.com LLC
Forbes.com: Business News Aug 20, 2008 03:00AM Mexico's Peso May Face Upward Pressure An increased benchmark interest rate could force the peso to appreciate further. Aug 19, 2008 03:00PM It's Ricky Kirshner's job to make sure the Democrat's big party comes off right. Aug 19, 2008 01:50PM While social networks grab the limelight, small media sites are attracting buyers. Aug 19, 2008 07:00AM Looking For Energy, Google Goes Geothermal Google.org announces it will help find ways to tap the heat under the earth's surface. Aug 19, 2008 03:00AM Regional Banks May Need Federal Rescue U.S. regulators expected to step in if situation worsens and a bailout becomes necessary. Copyright 2007 Forbes.com LLC
NPR Topics: Business Aug 20, 2008 10:31AM Scooter Trend Brings Safety And Theft Worries America's scooter industry is surging, benefiting from high gas prices and a slumping economy. But it is far more difficult to determine if that rise has brought more worrisome trends rises along with it, in accidents, and theft. Experts give their opinion, and offer tips to avoid being a statistic. Aug 20, 2008 10:30AM Scooter Rundown: Best Fits From Tall To Small Record numbers of Americans are getting out of their cars and hopping onto scooters, spurred by high gas prices and concern for the environment. But with many options and styles to choose from, picking the right ride can be tricky. Aug 20, 2008 10:00AM Rural communities in New York and Pennsylvania have seen intense leasing activity as energy companies have turned to natural gas buried deep underground. Extraction has potential to jump-start the flagging local economy, but it has also raised environmental concerns. Aug 20, 2008 11:43AM Mark Jurkowitz, associate director of the Project for Excellence in Journalism, talks about media coverage of the economy and why the news hasn't always kept up with public interest and concern. Aug 20, 2008 07:50AM Crowd Sourcing Turns Business On Its Head What happens when a company lets customers design and vote on their own products? Some Web-based outfits are finding success by doing just that. And the new business model is really catching on. Copyright 2008 NPR - For Personal Use Only
L.A. Times - Business Aug 20, 2008 11:27AM
Lead wheel weights to be phased out in California by end of 2009 Chrysler and three other lead wheel weight makers agree to the phaseout in a settlement of a suit brought by an environmental group, which contended the car parts threatened drinking water.
Aug 20, 2008 08:59AM
Who wins in a credit crunch? Ask the person with cash Blog: Continuing turmoil in the financial system is keeping mortgage rates up, but also means better interest earnings for investors and savers
Aug 20, 2008 10:16AM
Some eBay sellers frustrated with rule changes NEW YORK -- Some people who sell things on eBay are fed up with new rules the company has been imposing in hopes of making the auction site more attractive to online shoppers. Now even more changes are coming in the next few weeks, but this time eBay Inc. hopes it can cool tempers.
Aug 20, 2008 10:50AM
Small SUVs improve in crash tests WASHINGTON -- Four small sport utility vehicles earned top scores in crash tests released today by the insurance industry, a nod to safety improvements in SUVs during the decade.
Aug 20, 2008 11:39AM
Wall Street stumbles through erratic session NEW YORK -- Wall Street stumbled through an uneven session today, ratcheting up and down as the price of oil also seesawed and worries persisted about the financial sector.
©2008, Los Angeles Times
MSN Money Latest Articles Aug 20, 2008 07:01AM Coke pins China hopes on Beijing blitz An association with the Olympics helps the soft-drink maker connect with 1.3 billion consumers. A trickier task is teaching the Chinese 'how to drink Coke and how to love Coke.' Aug 19, 2008 09:01PM Yes, the precious metal has pulled back with other commodities. But the underlying trends still suggest it will climb to $1,000 and beyond. Aug 19, 2008 09:01PM Kill the cable box: Get free TV Illegal downloads are often more trouble than they're worth, but there are legitimate outlets for streaming free shows. Aug 19, 2008 09:01PM Russia's boom at a breaking point After years of dramatic growth, the country's economy is showing the strain of inflation and overpriced real estate. Aug 19, 2008 06:45PM Dow off 131 on higher oil, economic worries The Dow has lost 310 points in 2 days. Wall Street likes Hewlett-Packard earnings. Financial stocks slump again. Housing starts hit a 17-year low. Home Depot's profit falls 24%; Target earnings fall 8%. Producer prices rise 1.2%. Oil jumps above $114. Copyright 2006 Microsoft
Wed, 20 Aug 2008 13:00:01 GMT
Wed, 20 Aug 2008 16:07:55 GMT
AP - Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released Tuesday.
AP - Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday.
AP - The job market showed continued strains on Thursday when government data said the number of newly laid-off workers filing applications for unemployment benefits fell less than expected last week.
Aug 20, 2008 12:29PM
Aug 20, 2008 12:29PM
Aug 20, 2008 12:29PM
Wed, 20 Aug 2008 13:31:00 -0400
Wed, 20 Aug 2008 11:39:00 -0700
Lead wheel weights, widely used to balance vehicle tires and considered a threat to drinking water, will be phased out in California by the end of next year under a court settlement approved today.