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In Fed’s Decision to Slash Rates, Fears of a Long Recession

Business news from NYTimes.com - 31 min 13 sec ago
Meeting last month, Fed officials worried that even a dramatic cut in interest rates would not be enough to cauterize the country’s economic troubles quickly.

Categories: Business News

Facing Losses, German Billionaire Takes Own Life

Business news from NYTimes.com - 31 min 35 sec ago
Adolf Merckle’s speculation in volatile Volkswagen shares pushed his sprawling business empire to the edge of ruin.

Categories: Business News

Markets Higher Amid Latest Economic Reports

Business news from NYTimes.com - 34 min 26 sec ago
Wall Street rose after economic reports showed that although the economy continues to weaken, the downward curve may be tapering off in some sectors.

Categories: Business News

Apple Drops Anticopying Measures in iTunes

Business news from NYTimes.com - 40 min 30 sec ago
Apple said it would begin selling song downloads without anticopying measures and change its pricing structure.

Categories: Business News

Appeals Court Upholds Enron Convictions

Business news from NYTimes.com - 1 hour 30 min ago
The judges ordered that the former chief executive, Jeffrey K. Skilling, convicted for his role in the once-mighty energy giant’s collapse, be resentenced.

Categories: Business News

Bid to Revoke Madoff’s Bail Cites His Gifts

Business news from NYTimes.com - 2 hours 12 min ago
Bernard L. Madoff tried to hide at least $1 million in assets from investigators, prosecutors told a judge.

Categories: Business News

Wealth Matters: The Rules That Madoff’s Investors Ignored

Business news from NYTimes.com - 2 hours 36 min ago
The mystery is why so many wealthy people handed over so much money with so little due diligence.

Categories: Business News

Gazprom Dispute Entangles Europe

Business news from NYTimes.com - 2 hours 44 min ago
Russia’s gas price dispute with Ukraine escalated, disrupting deliveries to the European Union in the midst of a bitter cold spell.

Categories: Business News

Time Warner and CBS Avert Programming Dispute

Business news from NYTimes.com - 3 hours 17 min ago
Time Warner Cable extended a deal to carry CBS television stations, CBS said, avoiding what could have been another heated industry dispute.

Categories: Business News

Service Sector Eased Somewhat in December

Business news from NYTimes.com - 3 hours 32 min ago
The Institute for Supply Management said its services sector index rose as new orders and employment picked up. Another report showed pending home sales fell to a 7-year low.

Categories: Business News

Police blotter - Jan. 6, 2009 - Kankakee Daily Journal


Police blotter - Jan. 6, 2009
Kankakee Daily Journal, IL - 3 hours ago
An Xbox 360 game system, 14 Xbox games and an HP laptop were stolen. No arrests have been made. * Bradley police arrested Aaron Glenn Bauman, 19, ...

Obama Seeks Wide Support in Congress for Stimulus

Business news from NYTimes.com - 8 hours 15 min ago
President-elect Barack Obama is working to build a bipartisan coalition to endorse his plan of tax cuts and new spending.

Categories: Business News

Doctors Will Make Web Calls in Hawaii

Business news from NYTimes.com - 13 hours 56 min ago
Doctors will be able to make face-to-face Web calls on patients in Hawaii starting Jan. 15.

Categories: Business News

Striking Declines Seen in Manhattan Real Estate Market

Business news from NYTimes.com - 14 hours 18 min ago
A series of market reports on the fourth quarter of 2008 showed an abrupt decline in transactions, tottering prices and buyers who are still looking but unwilling to sign a contract.

Categories: Business News

As Prices Rise, Some See $2 Gas

Business news from NYTimes.com - 14 hours 35 min ago
Gasoline prices have risen by several cents amid indicators that the national average could jump to $2 a gallon or higher this spring.

Categories: Business News

Coming Down on Tobacco

Business news from NYTimes.com - 14 hours 56 min ago
The new Congress plans to move aggressively against the tobacco industry by regulating cigarettes, raising sales taxes and ratifying an international antitobacco treaty.

Categories: Business News

Investors Strain to Sell Start-Up Companies

Business news from NYTimes.com - 14 hours 58 min ago
The financial crisis left last year with the fewest public offerings of venture-backed start-ups since 1977.

Categories: Business News

Frequent Flier: To Reach These Destinations, the Nonstops Are Rare

Business news from NYTimes.com - 15 hours 34 sec ago
As far as some travelers are concerned, making the best of travel means meeting new people.

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On the Road: That Tiresome Warning About Inappropriate Jokes

Business news from NYTimes.com - 15 hours 2 min ago
A reporter goes on the trail of an annoying airport announcement.

Categories: Business News

Itineraries: Help in Hot Spots

Business news from NYTimes.com - 15 hours 3 min ago
For business travelers facing sudden illness or acts of terrorism, several companies offer help.

Categories: Business News
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