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Fed Report Shows Downturn After October Shocks   more similar news »
The economic downturn took a turn for the worse after the market shocks in October, and in November the problems only became worse, according to the Fed’s “beige book.”
Wed Dec 03, 2008
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G.M. Is Trying to Ease a Crushing Debt Load   more similar news »
As the Big Three Detroit automakers campaign for a federal bailout, General Motors is pleading with its anxious bankers and bondholders to lighten its debt burden.
Wed Dec 03, 2008
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An Online Sales Boom That May Not Last   more similar news »
Strong Web sales over the holiday weekend are unlikely to bail out the retail industry, which is contending with a recession and a sharp decline in consumers’ wealth.
Wed Dec 03, 2008
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Small Stores Find Ways to Drum Up Traffic   more similar news »
With fewer people out buying, some small businesses are doing whatever they think will draw in customers.
Wed Dec 03, 2008
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At Shubert, the Future Has Roots in the Past   more similar news »
The ascension of Philip J. Smith and Robert E. Wankel to the top of the Shubert Organization ended a 20-plus-year guessing game about the future of the largest theater-owning enterprise in the nation.
Wed Dec 03, 2008
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S.E.C. Issues Rules on Conflicts in Credit Rating   more similar news »
The new rules are designed to stem conflicts of interest and provide more transparency for the credit-rating industry, widely faulted for its role in the subprime mortgage debacle.
Wed Dec 03, 2008
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Contrite Over Misstep, Auto Chiefs Take to Road   more similar news »
The chief executives of Detroit’s Big Three, who took a drubbing for flying on private jets to Washington last month for a Congressional hearing, will be driving to get to the capital this time.
Wed Dec 03, 2008
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Auditors Urge Treasury to Add Bailout Controls   more similar news »
A government audit team issued its first full review of the bailout program since it was authorized on Oct. 3.
Wed Dec 03, 2008
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Economic Scene: Budgets Behaving Badly   more similar news »
Behavioral economists offer insight that could be of use to the Obama administration as it works to devise a long-term plan to reduce deficits.
Wed Dec 03, 2008
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UnitedHealth to Insure the Right to Insurance   more similar news »
The company will sell the right to buy an individual health policy in the future even if you become sick.
Wed Dec 03, 2008
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Cleveland Clinic Discloses Doctors’ Industry Ties   more similar news »
In the first such step by a major medical center, the clinic says it has begun publicly disclosing the business relationships its staff has with drug makers.
Wed Dec 03, 2008
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Even in Home of Carmakers, Not Everyone Wants a Lifeline   more similar news »
Many people in Michigan said in interviews that they could no longer see why the Big Three should be singled out for rescue.
Wed Dec 03, 2008
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Another Month of Miserable Auto Sales   more similar news »
In the worst month yet in a horrible year, U.S. sales fell 41 percent at General Motors and 33.9 percent at Toyota. Honda’s sales declined 31.6 percent, and Ford’s fell 30.6 percent.
Wed Dec 03, 2008
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Pursuing U.S. Aid, G.M. Accepts Need for Drastic Cuts   more similar news »
General Motors said it needed an $18 billion package in loans and lines of credit and that it will cut jobs, factories, brands and executive pay.
Wed Dec 03, 2008
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Edward S. Rogers Jr., Canadian Media Mogul, Dies at 75   more similar news »
Mr. Rogers transformed Canada’s first FM radio station into one of North America’s most diverse communications and media companies.
Wed Dec 03, 2008
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2 Canadian Phone Giants in Different Struggles   more similar news »
Rogers Communication must deal with its founder’s death, while Bell Canada faces a failed buyout.
Wed Dec 03, 2008
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Fed Extends Some Credit Programs Through April 30   more similar news »
An emergency lending facility and one that makes loans to money market mutual funds are covered by the decision.
Wed Dec 03, 2008
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Japan Tries to Ease a Crisis in Corporate Credit With Emergency Lending   more similar news »
The Bank of Japan announced emergency measures to ease an acute squeeze in corporate funding that threatens to push Asia’s largest economy deeper into recession.
Wed Dec 03, 2008
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In November, Shoppers Cut Spending Even More   more similar news »
New figures released on Tuesday showed stunning sales declines across a broad array of consumer goods.
Wed Dec 03, 2008
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China’s Economy, in Need of Jump Start, Waits for Citizens’ Fists to Loosen   more similar news »
Tenacious thrift, once an admirable quality in China, has become a liability as the nation’s export-driven economy slows.
Wed Dec 03, 2008
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Wall St. Partially Recovers From Sell-Off   more similar news »
Wall Street mounted a modest recovery on Tuesday, gaining back nearly half of the enormous collapse that had seemed to bode badly for this week.
Wed Dec 03, 2008
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Square Feet: A Waterfront Revival in Columbus, Ohio   more similar news »
A former industrial wasteland becomes a neighborhood of housing, retailers and entertainment.
Wed Dec 03, 2008
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Losses Triple in Quarter for Homebuilder   more similar news »
Revenue plunged for the struggling homebuilder Beazer Homes USA and its income tax provision ballooned.
Wed Dec 03, 2008
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Advertising: Web Marketing That Hopes to Learn What Attracts a Click   more similar news »
A new breed of companies specialize in creating thousands of versions of the same ad with different colors or type font, trying to determine what ad works for a specific audience.
Tue Dec 02, 2008
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Hawaii Endorses Plan for Electric Cars   more similar news »
The plan, the brainchild of the former Silicon Valley software executive Shai Agassi, is an attempt to overcome the major hurdles to electric cars.
Tue Dec 02, 2008
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Breakingviews.com: Vikram Pandit Scores a Great Deal for Citigroup   more similar news »
The banking giant’s chief isn’t known for making good deals, but this one’s a killer.
Tue Dec 02, 2008
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Write-Downs Hurt Sears and Staples in 3rd Quarter   more similar news »
The Sears Holdings Corporation withdrew its operating profit outlook because of the severe economic downturn.
Tue Dec 02, 2008
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I.R.S. Debates Way to Deal With Foreign Tax Shelters   more similar news »
With the possibility of crushing penalties, holders of foreign shelters are urged to contact the I.R.S.
Tue Dec 02, 2008
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Yahoo’s Stock Jumps on Report of Buyout Interest   more similar news »
Investors bid up shares after reports that Jonathan Miller, AOL’s former chief executive, is attempting a private buyout of Yahoo.
Tue Dec 02, 2008
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G.E. Warns of Low Fourth-Quarter Profit   more similar news »
The company said it expected its fourth-quarter profit to be at the low end of its previous guidance and warned that charges were likely to top $1 billion after taxes.
Tue Dec 02, 2008
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Square Feet: Manhattan Awash in Open Office Space   more similar news »
Changes roiling the financial industry have contributed to a doubling of the listings of large office blocks.
Tue Dec 02, 2008
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Houghton Mifflin Publisher Resigns   more similar news »
Becky Saletan, publisher of the adult trade division, will leave next week in a sign of further unraveling at the publisher.
Tue Dec 02, 2008
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Icahn Sues Real Estate Company Over Debt   more similar news »
The onetime corporate raider is taking a fellow billionaire to court over a leveraged buyout gone bad.
Tue Dec 02, 2008
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Delta Plans More Capacity Cuts as Travel Slows   more similar news »
The reductions would come in both domestic and overseas flights as global recession erodes travel budgets.
Tue Dec 02, 2008
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British Airways in Merger Talks With Qantas   more similar news »
The addition of Qantas would add a significant Asia-Pacific element to a joint business agreement including British Airways, American Airlines and Iberia.
Tue Dec 02, 2008
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European Regulators Again Revise Bank Subsidy Rules   more similar news »
The European Commission is concerned that financial infusions might be improper subsidies.
Tue Dec 02, 2008
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Recession Began Last December, Economists Say   more similar news »
The U.S. economy officially sank into a recession last December, which means that the downturn is already longer than the average for all recessions since World War II.
Tue Dec 02, 2008
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Advertising: Hot Food, and Air, at Bus Stops   more similar news »
Heated air will warm 10 Chicago bus shelters, courtesy of the Stove Top brand of stuffing. Such marketing is meant to entice consumers to experience products tangibly.
Tue Dec 02, 2008
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Big Three May Need to Trim Number of Car Brands   more similar news »
For automakers to win over lawmakers in their bid for aid, they will have to prove that they are serious about shrinking their vast lineups of different models.
Tue Dec 02, 2008
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Cheer Fades as Stocks Plunge 9%   more similar news »
The announcement that the recession began in December 2007 came on a day when the Dow dropped more than 7 percent.
Tue Dec 02, 2008
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Deutsche Rejects a Rescue, Even as Its Shares Tumble   more similar news »
Deutsche Bank fancies itself an exception to the view that giant banks need rescuing. But the markets will have the final word, and so far they are not buying the story.
Tue Dec 02, 2008
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Fund Investors Sue Countrywide Over Loan Modifications   more similar news »
A hedge fund sued the Countrywide Financial Corporation, demanding that it compensate holders of some securities backed by mortgages if the terms were changed.
Tue Dec 02, 2008
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Bailout Monitor Sees Lack of a Coherent Plan   more similar news »
The head of a new Congressional panel set up to monitor the federal bailout says the government still does not seem to have a coherent strategy for easing the crisis.
Tue Dec 02, 2008
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Toyota Trims Management Pay   more similar news »
Toyota Motor said it would cut management bonuses by 10 percent as the global economic slowdown deepens.
Tue Dec 02, 2008
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J.&J. to Buy Manufacturer of Cosmetic Surgery Gear   more similar news »
Johnson & Johnson said it would buy Mentor, a maker of cosmetic products and breast implants, for $1.07 billion.
Tue Dec 02, 2008
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Building and Factory Data Reflect Economic Turmoil   more similar news »
In October, construction spending declined 1.2 percent, much more than analysts had expected, and a measure of manufacturing activity fell to a 26-year low.
Tue Dec 02, 2008
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Asian Banks Lower Rates, but Stocks Still Drop   more similar news »
Australia and Japan increased efforts to shield their economies from the global economic slowdown, but Asian stock markets still responded with drops.
Mon Dec 01, 2008
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Itineraries: The Dislocated Americans   more similar news »
When an overseas posting fails, the problem is often not the worker, but the spouse and children.
Mon Dec 01, 2008
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U.S. Is Said to Expand Tax Inquiry   more similar news »
The Justice Department has expanded its investigation into foreign banks that sell offshore banking services to include Credit Suisse and HSBC, according to people briefed on the matter.
Mon Dec 01, 2008
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In Deal With Hitachi, Intel Will Expand Its Flash Memory Business   more similar news »
Intel will announce a deal to become the sole supplier of flash memory for a coming Hitachi line of computer drives.
Mon Dec 01, 2008
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