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joi, 21 aprilie 2011

PRESS DIGEST - New York Times business news - April 21

birou notarial


April 21 | Thu Apr 21, 2011 3:04am EDT

April 21 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* Food marketers are pitching their products to children via Web sites that critics say blur the line between activities and advertising.

* Industry and safety advocates are sparring over whether enough is being done to prevent fatal accidents.

* In what may be the strongest signal yet of the new pro-labor orientation of the National Labor Relations Board under President Obama, the agency filed a complaint Wednesday seeking to force Boeing Co to bring an airplane production line back to its unionized facilities in Washington State instead of moving the work to a nonunion plant in South Carolina.

* Plenty of people want to build a popular Web site and become the next Mark Zuckerberg. But some technology entrepreneurs have a more old-fashioned goal: they want to make something you can hold in your hand.

* Apple Inc faced questions on Wednesday about the security of its iPhone and iPad after a report that the devices regularly record their locations in a hidden file.

* A hospital said that patients benefited when cardiologists there switched to heart devices made by a company that paid it consulting fees.

* Wells Fargo & Company posted a 48 percent increase in first-quarter profit on Wednesday, but investors were not impressed by the results, given fears that sluggish mortgage loan growth would erode the bank's earnings power.

* Apple's winning streak extended through another quarter as a new partnership with Verizon for the iPhone - along with updated products like the iPad and MacBook - sent consumers on a shopping spree, the company reported Wednesday.

* The price of gold rose above $1,500 an ounce on Wednesday for the first time, pushed higher by investor concerns about global inflation, government debt and turmoil in the Arab world.

* AT&T , the nation's largest telecommunications company, reported a 39 percent increase in its first-quarter profit on Wednesday, despite losing the exclusive rights to sell the iPhone in the United States midway through the period.

* In the largest unionization vote involving federal employees, the nation's airport screeners voted in favor of unionizing, but federal officials said on Wednesday that there would be a runoff because neither union on the ballot received a majority of the votes cast.

* It's not quite the stuff of bragging rights, but Arkansas and Mississippi find themselves at the top of a new state ranking: They have the highest concentrations of people in the nation who have abandoned landlines in favor of cellular phones.

* In the end, prosecutors said, the most powerful evidence of Raj Rajaratnam's guilt during his insider trading trial was his own voice.

* Spain and Portugal on Wednesday managed to raise the targeted amounts in their latest debt auctions, an important test of market confidence amid Lisbon's negotiations for a financial bailout and Madrid's attempts to avoid needing one. ((Compiled by Mary Meyase; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)


Birou Notarial Bucuresti



Baloane


April 21 | Thu Apr 21, 2011 3:04am EDT

April 21 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* Food marketers are pitching their products to children via Web sites that critics say blur the line between activities and advertising.

* Industry and safety advocates are sparring over whether enough is being done to prevent fatal accidents.

* In what may be the strongest signal yet of the new pro-labor orientation of the National Labor Relations Board under President Obama, the agency filed a complaint Wednesday seeking to force Boeing Co to bring an airplane production line back to its unionized facilities in Washington State instead of moving the work to a nonunion plant in South Carolina.

* Plenty of people want to build a popular Web site and become the next Mark Zuckerberg. But some technology entrepreneurs have a more old-fashioned goal: they want to make something you can hold in your hand.

* Apple Inc faced questions on Wednesday about the security of its iPhone and iPad after a report that the devices regularly record their locations in a hidden file.

* A hospital said that patients benefited when cardiologists there switched to heart devices made by a company that paid it consulting fees.

* Wells Fargo & Company posted a 48 percent increase in first-quarter profit on Wednesday, but investors were not impressed by the results, given fears that sluggish mortgage loan growth would erode the bank's earnings power.

* Apple's winning streak extended through another quarter as a new partnership with Verizon for the iPhone - along with updated products like the iPad and MacBook - sent consumers on a shopping spree, the company reported Wednesday.

* The price of gold rose above $1,500 an ounce on Wednesday for the first time, pushed higher by investor concerns about global inflation, government debt and turmoil in the Arab world.

* AT&T , the nation's largest telecommunications company, reported a 39 percent increase in its first-quarter profit on Wednesday, despite losing the exclusive rights to sell the iPhone in the United States midway through the period.

* In the largest unionization vote involving federal employees, the nation's airport screeners voted in favor of unionizing, but federal officials said on Wednesday that there would be a runoff because neither union on the ballot received a majority of the votes cast.

* It's not quite the stuff of bragging rights, but Arkansas and Mississippi find themselves at the top of a new state ranking: They have the highest concentrations of people in the nation who have abandoned landlines in favor of cellular phones.

* In the end, prosecutors said, the most powerful evidence of Raj Rajaratnam's guilt during his insider trading trial was his own voice.

* Spain and Portugal on Wednesday managed to raise the targeted amounts in their latest debt auctions, an important test of market confidence amid Lisbon's negotiations for a financial bailout and Madrid's attempts to avoid needing one. ((Compiled by Mary Meyase; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)


Baloane

joi, 14 aprilie 2011

PRESS DIGEST - New York Times business news - April 14

birou notarial


April 14 | Thu Apr 14, 2011 4:01am EDT

April 14 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* It is a question asked repeatedly across America: why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted? Several years after the financial crisis, no senior executives of major financial institutions have been charged, and a collective government effort has not emerged.

* A voluminous report on the financial crisis by the United States Senate - citing internal documents and private communications of bank executives, regulators, credit ratings agencies and investors - describes business practices that were rife with conflicts during the mortgage mania and reckless activities that were ignored inside the banks and among their federal regulators.

* Banks did a poor job of handling the flood of foreclosures over the last several years, in some cases even moving ahead with evictions when they clearly should not have, according to a long-awaited report released Wednesday by federal regulators.

* U.S. President Barack Obama proposed a mix of long-term spending cuts, tax increases and changes to social welfare programs as his opening position in a fierce partisan budget battle.

* The United States and its allies, frustrated in their efforts to pressure China directly to change its economic policies, are seeking to enlist other developing nations in an international campaign that China may find more palatable. At a meeting of finance ministers from the Group of 20 nations on Friday, the United States hopes to advance a set of proposed standards for judging the risks that individual nations pose to the global economy.

* JPMorgan Chase & Co kicked off bank earnings season on Wednesday, reporting a first-quarter profit of $5.6 billion, even as problems in its mortgage lending business continued to mount.

* The market for drugs to correct erectile dysfunction has passed $5 billion a year from sales to tens of millions of men. And it is increasingly being driven by novel applications to compete with the lower-priced generics on the horizon.

* In the weeks before his death, Sidney Harman acted every bit the proud new business owner he was. Until last Friday he was still discussing the business affairs of Newsweek and The Daily Beast. Associates of Harman, who died Tuesday, said Newsweek would remain in the family's hands and continue its venture with The Daily Beast.

* BP struggled Wednesday to salvage its deal with the Russian oil company Rosneft before a deadline to complete the pact expired on Thursday.

* Economic activity in the United States continued to improve over the last month, helped by the manufacturing and retail sectors, but the disaster in Japan and higher energy prices created new uncertainty about the outlook, according to a survey of the Federal Reserve's 12 districts released on Wednesday. (Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)


Birou Notarial Bucuresti



Baloane


April 14 | Thu Apr 14, 2011 4:01am EDT

April 14 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* It is a question asked repeatedly across America: why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted? Several years after the financial crisis, no senior executives of major financial institutions have been charged, and a collective government effort has not emerged.

* A voluminous report on the financial crisis by the United States Senate - citing internal documents and private communications of bank executives, regulators, credit ratings agencies and investors - describes business practices that were rife with conflicts during the mortgage mania and reckless activities that were ignored inside the banks and among their federal regulators.

* Banks did a poor job of handling the flood of foreclosures over the last several years, in some cases even moving ahead with evictions when they clearly should not have, according to a long-awaited report released Wednesday by federal regulators.

* U.S. President Barack Obama proposed a mix of long-term spending cuts, tax increases and changes to social welfare programs as his opening position in a fierce partisan budget battle.

* The United States and its allies, frustrated in their efforts to pressure China directly to change its economic policies, are seeking to enlist other developing nations in an international campaign that China may find more palatable. At a meeting of finance ministers from the Group of 20 nations on Friday, the United States hopes to advance a set of proposed standards for judging the risks that individual nations pose to the global economy.

* JPMorgan Chase & Co kicked off bank earnings season on Wednesday, reporting a first-quarter profit of $5.6 billion, even as problems in its mortgage lending business continued to mount.

* The market for drugs to correct erectile dysfunction has passed $5 billion a year from sales to tens of millions of men. And it is increasingly being driven by novel applications to compete with the lower-priced generics on the horizon.

* In the weeks before his death, Sidney Harman acted every bit the proud new business owner he was. Until last Friday he was still discussing the business affairs of Newsweek and The Daily Beast. Associates of Harman, who died Tuesday, said Newsweek would remain in the family's hands and continue its venture with The Daily Beast.

* BP struggled Wednesday to salvage its deal with the Russian oil company Rosneft before a deadline to complete the pact expired on Thursday.

* Economic activity in the United States continued to improve over the last month, helped by the manufacturing and retail sectors, but the disaster in Japan and higher energy prices created new uncertainty about the outlook, according to a survey of the Federal Reserve's 12 districts released on Wednesday. (Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)


Baloane