NYT > Business
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USEC to Shut Uranium-Enrichment Plant in Kentucky
The closing of a plant in Paducah, Ky., could pose a problem for the American nuclear weapons arsenal over time but is not likely to affect civilian nuclear electric plants.
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New Computer Attacks Come From Iran, Officials Say
The recent wave of attacks seem to be aimed at sabotage rather than stealing information, United States officials say.
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Mike Darnell, a Reality Show Creator, Is Leaving Fox
Mike Darnell, who has supervised reality programming for Fox since before the term reality show entered the lexicon, oversaw “American Idol,” once the most popular show on American TV.
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Business Briefing | Legal News: Ex-Chief Convicted of Trying to Defraud Bank
Edward Woodard Jr., and three others were convicted of conspiring to defraud the Bank of the Commonwealth of $71 million before its collapse in 2011.
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Business Briefing | Company News: Fatburger to Sell Beef Patties in Walmarts
The fast-food chain said it would sell the patties in 3,100 of the country’s 4,000 Walmarts.
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Business Briefing | Legal News: Ista to Pay $33 Million for Illegal Drug Promotion
The company, now owned by Bausch & Lomb, pleaded guilty to promoting its eye drug Xibrom for unapproved uses.
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Off the Charts: S.&P. Has More Than Doubled Under Obama
The Standard & Poor’s 500-stock index has more than doubled since Barack Obama took office, an accomplishment achieved by only four other presidents.
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A Program to Combat Food Contamination
A new program is an effort to prevent the types of bacterial outbreaks that have sickened consumers who ate contaminated produce.
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DealBook: Why Did Citigroup Try to Overturn an Overhaul?
Citigroup’s direct involvement in shaping a House bill suggests it feels that it should work behind the scenes to shape legislation for its benefit. Fears about its bottom line may have been what stirred it.
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Growth in Options Trading Helps Brokers but Not Small Investors
Brokerage firms say that options, traditionally used by professional traders, can be profitable for ordinary investors, but this does not square with many investors’ experiences.
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Orders for Durable Goods Rose 3.3 Percent in April
The gains suggest economic growth may be holding steady this spring.
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Pictures From the Week in Business
Timothy D. Cook testified on Apple’s taxes, Jamie Dimon held onto his dual roles at JPMorgan Chase, and an immigration bill advanced in the Senate.
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News Corporation Board Approves Split of Company
The company is expected to complete its separation on June 28, with publishing assets in one company and most film and television units in another.
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Your Money: Aging Parents and Children Should Talk About Finances
Children may be reluctant to ask aging parents about their estate and financial affairs, but information shared can prevent confusion later.
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F.T.C. Said to Have Begun New Inquiry on Google
People contacted in connection with the inquiry said that the F.T.C. was asking questions about Google’s bundling of advertising services.
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DealBook: What Gets You Up in the Morning?
Purpose is a uniquely powerful source of fuel – and satisfaction. That’s why we resonate so strongly with exhortations that speak to it, the author writes.
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DealBook: Bausch & Lomb Said to Be Near $9 Billion Sale to Valeant
If completed, a transaction would be one of the biggest health care deals of the year. And it could reap a sizable profit for Bausch & Lomb’s current owner, Warburg Pincus.
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DealBook: The Curious Case of the European Vodka Seller
A super-speedy prepackaged bankruptcy and a choice for convertible noteholders — all in Delaware.
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Wealth Matters: Forgotten in Estate Planning: Online Passwords
As more people do their banking and investing online, the lack of a paper trail poses a problem for business partners, executors and heirs.
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DealBook: 4 SAC Executives Subpoenaed in Insider Trading Inquiry
The four executives were ordered to testify before a grand jury investigating actions at the hedge fund.
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As Global Markets Stabilize, Wall St. Slips
Wall Street was lower in early trading despite a positive report on durable goods orders, while global markets stabilized after a day of falling indexes.
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Chief of Austrian Bank Offers to Resign
Herbert Steptic, the chief executive of Raiffeisen Bank International, is facing scrutiny of his personal investments in Asian real estate.
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Bits Blog: Laurene Powell Jobs and Anonymous Giving in Silicon Valley
Silicon Valley’s billionaires have long been criticized for not giving away enough money, but there are signs that some, like the widow of Steve Jobs, are instead choosing to do it anonymously, and paving the way for a new type of philan...
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Wheels Blog: Tesla vs. Chrysler: Who’s on First?
Tesla claimed to be the first American car company to pay back its debts. Chrysler retorted it was first. Telsa shot back that Chrysler isn’t even American.
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News Analysis: Beijing Signals a Shift on Economic Policy
After years of relying on government spending to supercharge growth, China is planning to shift gears so that the private sector and market forces play a larger role in its economy.
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DealBook: An Agreement Opens Some Chinese Audit Papers to the U.S.
Years in the making, the deal was hailed as a step toward more enforcement cooperation between the two countries.
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DealBook: Obama Nominates 2 Senate Aides for S.E.C. Posts
The nominees, Kara Stein and Michael Piwowar, are familiar with the Wall Street regulatory agency’s business through their work.
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Obama Nominates 2 Senate Aides for S.E.C. Posts
The nominees, Kara Stein and Michael Piwowar, are familiar with the Wall Street regulatory agency’s business through their work.
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Swiss Banking Secrecy Under Pressure From Europe
European Union officials, having won concessions from bloc members Luxembourg and Austria over banking rules, are expected to turn their focus to Switzerland.
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California Puts Tentative Price on Health Policies Under New Law
Thirteen insurers had been chosen to sell policies through the insurance marketplace — or exchange — being created under the law.
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DealBook: Bank’s Lobbyists Help in Drafting Financial Bills
Citigroup’s ideas were reflected in more than 70 lines of one 85-line bill.
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DealBook: A Rush to Recruit Young Analysts
For Wall Street’s top young analysts, landing at a prestigious investment bank out of college was the easy part. Now comes the fierce competition to line up a high-paying job at a prominent buyout fund.
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Twitter Lets Brands Find Viewers of Their TV Ads
A new product, Twitter Amplify, will help brands match advertisements with Twitter commentary by viewers.
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Abruptly, P.&G. Chief Ends Career of 33 Years
The hedge fund manager William Ackman had criticized Robert A. McDonald, the chief, for the company’s poor stock performance.
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DealBook: Some in Congress Grow More Wary of Selling Sprint to SoftBank of Japan
National security concerns are rooted in SoftBank’s relationship with Chinese telecommunications equipment manufacturers.
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Advertising: Robert Murray of iProspect Joins Skyword as President
Content marketing is expected to be a big growth area for the ad industry and Robert J. Murray, global president of iProspect, a leading digital agency, is signing up.
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Gap’s First Quarter Earnings Rise 43%
After struggling for years, Gap Inc., which owns Gap, Old Navy and Banana Republic, began a strong turnaround this year with a 43 percent increase in net income.
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Sears Holdings Posts Larger-Than-Expected Quarterly Loss
The company’s turnaround may take longer as chilly spring weather held down first-quarter revenue at Sears and Kmart.
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Procter & Gamble Brings Back A.G. Lafley as CEO
Procter & Gamble is bringing back former CEO A.G. Lafley to its top post in a surprise move as the world's largest consumer goods maker tries to grow globally.
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Jobless Claims Decline, While Home Sales Rise
The drop in unemployment claims has coincided with steady job growth over the last six months.
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DealBook: Rue21 to Sell Itself to Apax for $1.1 Billion
The leveraged buyout caps the resurgence of rue21, a seller of cheap, trendy clothing for teenagers that had filed for bankruptcy in 2002 and re-emerged the next year. In recent years, its stock has surged.
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Corner Office: Brad Garlinghouse of YouSendIt, on Clear Leadership
The C.E.O. of YouSendIt says leaders must always be clear about where they are taking a company.
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European Parliament Moves to Limit Scope of Eventual U.S. Trade Deal
A resolution, passed Thursday, calls for an exemption for “audiovisual” industries and online media in a free-trade deal now under discussion with the United States.
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High & Low Finance: Making Companies Pay Taxes the McCain Way
During a Senate subcommittee hearing on Apple’s avoidance of paying taxes, John McCain and others tried to point out how unfair the current system is to domestic corporations.
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Bits Blog: Battle Over ‘GIF’ Pronunciation Erupts
Like a cicada swarm, the pronunciation debate over the word GIF roared back this week after a long period of incubation when Steve Wilhite, the format’s inventor, declared it should be pronounced “jif,” like the peanut butter. ...
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Bucks Blog: Getting Change Fees Waived for a Canceled Flight
Being polite can help get some airline fees waived.
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DealBook: Regulator Cites Flaws in Ernst & Young Procedures
The regulator of accounting firms said that Ernst & Young had been too willing to trust figures supplied by corporate executives and had failed to improve its procedures.
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Apple-1 Computers Jump in Value at Auctions
Apple-1 computers, built in Steve Jobs’s family garage, have sold for hundreds of thousands of dollars in recent auctions, a run-up reflecting the company’s mystique.
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DealBook: I.S.S. Settles Investigation Into Leaks of Shareholder Vote Data
Institutional Shareholder Services agreed to settle civil charges that it failed to prevent an employee from improperly selling confidential investor vote data.
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Bucks Blog: Mortgage Relief Offered to Oklahoma Tornado Victims
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.
