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Business News |
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NYT > Business
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Outlook Darker as Jobs Are Lost
The unemployment rate held steady as 62,000 jobs disappeared in June, the Labor Department reported.
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Google Told to Turn Over User Data of YouTube
The order raised concerns that the online video viewing habits of tens of millions of people could be exposed.
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Lax Real Estate Decisions Hurt Starbucks
Starbucks?s biggest mistakes and greatest challenges boil down to three words: location, location and location.
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Fund Manager Turned Fugitive Is Sent to Prison
Samuel Israel III, the hedge fund manager who fled after faking a suicide, went to prison on Thursday, 25 days late.
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Fighting Inflation, Europeans Raise Rate
The European Central Bank, spooked by soaring prices for food and fuel, raised its benchmark interest rate a quarter of a percentage point to 4.25 percent.
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In a Bright Side to the Slowdown, Shopping Bargains Abound
Anyone who has managed to forget about fuel prices long enough to enjoy a little retail therapy knows some steep discounts are available these days.
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Jobless, and Selling Himself the Old-Fashioned Way
Joshua Persky, an out-of-work investment banker, was interviewed by major news outlets as he stood on Park Avenue, handing out résumés and wearing a sandwich board.
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Russia Presses U.S. Bank Over Money Laundering
The Russian government sought to make Bank of New York Mellon liable for $22.5 billion in damages for a money-laundering scandal that helped undermine Russia?s economy.
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Former Refco Chief Sentenced to 16 Years
Phillip R. Bennett was sentenced for a financial cover-up that brought down one of the world?s largest commodities brokerages.
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Criminal Charges Against Continental in Deadly Concorde Crash
Continental Airlines and two of its employees have been ordered to stand trial on involuntary manslaughter charges related to the 2000 crash.
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