Business
Complete Index
Chin Up in the Downswing-
Yahoo Bends Under Economic Winds - January 31, 2008 10:56 AM
Yahoo’s failure to take full advantage of search advertising has left the company prone to bearish markets. -
French Government to Protect Bank After $7 Billion Loss - January 30, 2008 12:00 PM
The French premier pledges to protect Societe Generale from hostile takeover bids after the bank lost $7 billion, allegedly through the activities of a rogue trader. -
eBay CEO Meg Whitman Stepping Down - January 28, 2008 10:45 AM
After a decade in the top spot, Meg Whitman announces her resignation as eBay CEO. Company growth had slowed, but Whitman said in 2001 that she had never intended to stay so long.
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U.S. Economy Dominates Davos Summit - January 24, 2008 12:05 PM
World Economic Forum participants in Davos eye the U.S. economy warily and anticipate an increasing global role for developing countries. -
Are Top Executives Overpaid? - January 24, 2008 08:00 AM
Billions of dollars’ worth of sub-prime losses have not stopped some financial giants from doling out multimillion-dollar severance packages and bonuses. -
General Electric Invests in Wind Power - January 16, 2008 02:47 PM
GE announces a multimillion-dollar investment in a wind turbine project. Business analysts debate the long-term prospects for green-energy ventures. -
Citigroup’s Sub-Prime Losses Total $18.1 Billion - January 16, 2008 02:09 PM
On Jan. 15, Citigroup published its reports for the fourth quarter of 2007; it lost $9.2 billion in three months. CEO Vikram Pandit points to the sub-prime mortgage crisis as the main culprit. -
Starbucks: Out with the New, in with the Old - January 12, 2008 03:10 PM
Starbucks founder Howard Schultz returns as the company’s CEO, a role he relinquished to Jim Donald in 2000. The company needs to boost sagging sales and stock prices. -
Winds Blow Round the Real-Estate House of Cards - January 08, 2008 04:18 PM
Signs that the economy is slowing down are making home owners nervous. House prices are set to drop, but the government may act to stop them plummeting. -
New Year Opens with Oil at an All-Time High - January 03, 2008 03:20 PM
Oil prices reach $100 a barrel, raising questions about the sustainability of the economy and diminishing hydrocarbon supplies. -
Connectivity and Productivity: The Web Giveth, the Web Taketh Away - December 25, 2007 12:01 AM
While software engineers look to online games for new ways to organize the workplace, the Internet’s myriad routes to procrastination can still sap productivity. -
Spanish Energy Spin-off Takes Flight - December 14, 2007 04:07 PM
Spanish utility company Iberdrola launches Iberdrola Renovables, a spin-off of its “green energy” unit; analysts debate the potential for future renewable energy initiatives and the wisdom of spin-offs that are driven by investment fads rather than good business sense. -
Samsung Denies Corruption Charges - December 12, 2007 12:26 PM
The largest conglomerate in South Korea faces bribery allegations; the case is the latest in a number of investigations into the senior executives of the nation’s dominant, family-owned corporations, the “chaebol.” -
Dubai Counts Down to Famed International Horse Race - December 09, 2007 02:16 AM
As part of its bid to brand itself as the land of opulence, Dubai continues to market the World Cup race to equestrian enthusiasts the world over. -
Dubai’s Construction Projects Reach for the Sky - December 06, 2007 11:55 AM
As part of its continuing effort to position itself as a luxury brand, the emirate of Dubai is spending billions of dollars on remarkable construction projects that have divided architectural critics. -
FCC Chairman Moves to Loosen Media Ownership Restrictions - December 04, 2007 04:31 PM
Chairman Kevin Martin’s proposal, should it be approved, will end years of speculation that cross-ownership restrictions have become political tools, rumors that began with the law’s Watergate-era origins. -
Sony Sells Sizeable Stake to Dubai State Investment Fund - November 30, 2007 12:27 PM
Dubai International Capital’s move boosts Sony’s shares; the purchase is the latest by United Arab Emirates in a series of investments in international holdings. -
Flailing U.S. Bank Beckons Gulf Nation Investors - November 29, 2007 12:46 PM
Troubled banking giant Citigroup sells the state-run Abu Dhabi Investment Authority a portion of the company worth $7.5 billion, the latest in a string of Gulf nation investments made as the dollar tumbles and oil prices rocket. -
No Relief in Sight as Oil Prices Rocket - November 12, 2007 05:26 PM
The cost of a barrel of crude oil hit a record $98.02 on Nov. 7, spurring observers to ask why hydrocarbon commodities are trading at increasingly high prices and when this upward trajectory will end. -
NYC Weighs Plastic Bag Recycling Program - November 08, 2007 05:00 AM
New York City Council puts forward legislation mandating that large grocery stores recycle plastic bags, putting the city at the forefront of a growing movement to curb the harmful environmental effects of petroleum-based plastics. -
When the Loon Soars Higher than the Eagle - October 24, 2007 09:15 AM
The U.S. dollar has been trading at all-time lows, dipping to $1.44 against the euro and below parity with the Canadian dollar, colloquially known as the “loonie,” for the first time in history. -
Radiohead Asks Fans, ‘What Is Music Worth?’ - October 12, 2007 10:30 AM
British rock band announces that fans can pay what they want for its new album, sparking a debate throughout the music industry over the place of free, downloadable albums. -
Race for Arctic Intensifies as Russia Claims Pole - September 21, 2007 01:03 PM
Moscow announces that rock samples taken from beneath the Arctic Ocean indicate that the North Pole is part of Russia, a claim that underscores the increasing efforts of Arctic border nations to stake their claims to the valuable region. -
Arctic’s Oil Could Supply World for Three Years - September 21, 2007 01:03 PM
The region may hold about 90 billion barrels of oil, which could meet world demand for a few years, according to the U.S. Geological Survey. -
Greenspan's Memoirs: Passing the Buck? - September 19, 2007 12:51 PM
The former federal reserve chairman’s account of his tenure excoriates the Bush Administration; critics and analysts greet its allegations with complacency or counteraccusation. -
Lenders and Home Buyers Long Deaf to Mortgage Warnings - August 24, 2007 11:21 AM
As the sub-prime meltdown continues to hurt U.S. stock markets, the mortgage industry, politicians, and the public try to apportion blame for a crisis that was predicted years ago. -
Potter Sales Top 8 Million Despite Leaks - July 23, 2007 05:41 PM
Internet leaks, early reviews, and advance shipments abound the week before Harry Potter's much anticipated departure, but despite the fanfare and 12 million-copy print run the franchise's business partners have found it difficult to turn large profits. -
Whole Foods CEO’s Pseudonymous Postings Endanger Takeover - July 17, 2007 02:00 PM
John Mackey concealed his identity to promote himself and his company on Yahoo Finance stock forums, a legally questionable activity bolstering a Federal Trade Commission case to prevent Whole Foods from purchasing a competitor. -
Boeing Unveils New, Lighter Airliner - July 13, 2007 02:51 PM
Sales for the fuel-efficient 787 have pushed Boeing ahead of its rival Airbus for the first time in years; however, environmentalists are skeptical of claims that air travel can be environmentally friendly. -
Apple Sells Half a Million iPhones - July 02, 2007 03:28 PM
Following one of the technology world's largest ever public relations campaigns, the iPhone's tremendous first-weekend success has far-reaching implications for the future of the cell phone industry.




