NY Times Business News
Updated: 9 min 52 sec ago
Thu, 05/23/2013 - 12:02pm
Joseph H. Boardman has led the government-owned railroad corporation to record growth in ridership and revenue since taking over in November 2008.
Thu, 05/23/2013 - 11:26am
JPMorgan Chase is redoubling its efforts to move beyond a big trading loss following a resounding shareholder endorsement to keep Jamie Dimon as both chairman and chief of the bank.
Thu, 05/23/2013 - 10:30am
The federal government has imposed a 90-day moratorium on foreclosures of homes with mortgages owned or backed by the Federal Housing Administration in areas devastated by this week’s tornado.
Thu, 05/23/2013 - 10:29am
Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 340,000, pushing back below the 350,000 mark that economists associate with a firming job market.
Thu, 05/23/2013 - 8:01am
A stock retreat spread around the world, with European markets down around 2 percent. Wall Street was also down in early trading.
Thu, 05/23/2013 - 7:21am
The U.S. automaker's Australian unit will close its engine plant in Geelong and its vehicle assembly plant in Broadmeadows, with the loss of 1,200 jobs.
Thu, 05/23/2013 - 1:54am
The computer maker said it earned $127 million in the quarter as sales of smartphones and mobile computing technology expanded.
Wed, 05/22/2013 - 11:01pm
All the talk of safeguards and international cooperation is likely to prove ineffectual if a huge international bank fails.
Wed, 05/22/2013 - 10:53pm
Ford cited a strong currency and high costs for the decision to close its engine plant in Geelong and its vehicle assembly plant in Broadmeadows.
Wed, 05/22/2013 - 9:54pm
While Wednesday’s I.R.S. hearing felt like an unforgiving, angry inquisition, senators seemed halfhearted in their desire to beat up on Apple, which has been accused of dodging taxes.
Wed, 05/22/2013 - 8:54pm
The plan to assure safety in factories, forged after a deadly collapse, could put American retailers at risk for litigation, some specialists say.
Wed, 05/22/2013 - 8:54pm
Two of Britain’s largest banks, Royal Bank of Scotland and the Lloyds Banking Group, outlined plans on Wednesday to increase their capital reserves.
Wed, 05/22/2013 - 8:45pm
The São Paulo stock exchange is trying to accommodate high-speed traders, even as regulators around the world are skeptical of the sector.
Wed, 05/22/2013 - 8:23pm
The change puts a spotlight back on Morgan Stanley’s fixed-income division, which has been shrinking since the financial crisis.
Wed, 05/22/2013 - 8:16pm
From Luxembourg to the British Virgin Islands, the authorities are scrambling to figure out how to change their secretive ways in banking without driving away lucrative foreign clients.
Wed, 05/22/2013 - 7:59pm
A new campaign suggests that Mike’s Hard Lemonade is a versatile drink for occasions beyond the backyard barbecue.
Wed, 05/22/2013 - 7:15pm
Wed, 05/22/2013 - 7:11pm
The Fed chairman, Ben S. Bernanke, supported the central bank’s bond-buying effort, but some officials were already thinking about scaling it back.
Wed, 05/22/2013 - 6:56pm
Hacking in China thrives across official, corporate and criminal worlds and is openly discussed and promoted, whether for breaking into private networks, tracking dissent or stealing trade secrets.
Wed, 05/22/2013 - 5:57pm
Sony is considering a proposal from the American hedge fund Third Point to spin off part of its entertainment business but emphasized the discussions were preliminary.