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NYT > Business Day
Spain’s banking crisis got worse as Standard & Poor’s downgraded five of its banks and one of them, Bankia, said a bailout would cost far more than the government had estimated.
Lawyers’ advice to corporate clients is frank: Remove cash and other liquid assets from Greece and prepare to take a short-term hit on any other investments.
With the big carriers cutting routes and raising fares, this would seem like an ideal time for a new airline to take them on. But it’s not an easy task.
Prime Minister David Cameron said Friday that Britain’s culture minister acted properly in his consideration of a bid by News Corporation to take over British Sky Broadcasting.
Stocks on Wall Street dipped before the long holiday weekend on concerns over the financial situations in Spain and Greece.
The European Union said Friday it would challenge what it called Argentina's "protectionist" import restrictions at the World Trade Organization.
While Jamie Dimon, the chief executive of JPMorgan Chase, has agreed to testify before a Congressional committee in June to discuss the bank's recent multimillion-dollar trading loss, he hasn't committed to a date.
Circulation and staff reductions at The Times-Picayune of New Orleans and three Alabama newspapers are the latest instances of reorganization in a rapidly changing industry.
Shares of Talbots tumbled after the private equity firm Sycamore Partners walked away from talks over a proposed $215 million buyout of the women’s clothing retailer.
With copper trading at high prices, a remote area of Michigan is rediscovering its mining roots, raising hopes that the region will recover from a long slump.
Nasdaq said 30 million Facebook shares were executed improperly Friday because of technical flaws, and retail investors have spent the week looking for someone to address their losses.
China, which has driven global growth as the United States and Europe struggled, is seeing a real estate downturn, stalling exports and a drop in consumer confidence.
If there is one investment that has more to do with the heart than the head, it’s vineyards. Wealthy people have yet to be deterred by the prospect of never making a profit.
Common Sense: Replacements Limited’s Stand for Gay Marriage Draws RepercussionsFri, 25 May 2012 22:36:02 GMT
Replacements Limited, of North Carolina, lost customers and got a lot of hate mail when it and its founder urged voters to reject a gay marriage ban.
Off the Charts: Texas Lending Law Shielded Many Homeowners From Housing BustFri, 25 May 2012 22:49:00 GMT
Texas required any homeowner seeking to refinance a mortgage or take out a home equity loan to have at least 20 percent equity after taking out the new loan.
Without major changes in health care costs, the day of rationing of care draws near, even if elected officials dare not mention it, an economist writes.
Euro fears prompt some depositors to leave Spanish banks.| Mining booms once more in Michigan’s Upper Peninsula. | A weekend retreat for divorce.
A proposed $770 million buyout of the oil company Venoco has many lessons on how much influence a chief executive can have on a management-led deal.
One crucial issue: Do you want to make a lot of money, or do you want to run the show?
Degrees of Debt: Colleges Begin to Confront Higher Costs and Students’ DebtThu, 24 May 2012 01:50:02 GMT
With the balance of student debt topping $1 trillion, college presidents are recognizing that they must handle the costs of education through methods other than tuition increases.
An animated explanation of how banks use securities lending to make a profit, while their customers cover the losses.
