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F.A.A. Approves O'Hare Expansion, but U.S. Court Issues a Stay Halting It
Within hours of a ceremonial groundbreaking in Chicago, a federal court granted critics of the expansion a stay temporarily halting the federal approval.
Mittal Steel eyes expansion in India, Turkey
Reuters - Mittal Steel Co. , the
world's top steel maker, expects shortly to sign a deal to
build a large plant in eastern India, its chief operating
officer said on Sunday, after the company said it may raise up
to $3 billion to fund expansion.
Donnelly Reported Near Deal to Buy Dex Media
The R. H. Donnelley Corporation, the yellow pages company, was near a deal Sunday night to acquire a rival, Dex Media Inc., for about $4.2 billion.
Slowing Is Seen in Housing Prices in Hot Markets
More sellers are putting their homes on the market, houses are selling less quickly and prices are increasing less rapidly.
U.S. News & World Report Lays Off 9 Workers
The layoffs were part of a 'strategic repositioning' to the newsweekly's Web site from its print edition.
Yukos offices are raided in probe
The offices of oil giant Yukos are raided in Russia and the Netherlands as part of inquiries into theft allegations.
Ex-Miramax Chiefs Halfway to Financial Goal for New Studio
If all goes according to plan, Bob and Harvey Weinstein, the former heads of Miramax, will have raised more than $420 million in equity for their new movie studio within weeks.
Economy Lost 35,000 Jobs, Much Below Expectations
Although 35,000 jobs were lost in September, the modest drop seemed to underscore the economy's strength.
Blodget the Outsider, or Is That Insider?
Henry Blodget, the Merrill Lynch analyst who was banned from the industry for overestimating the value of Internet stocks, has resurfaced with a new nickname and a blog.
I.B.M. to Put Genetic Data of Workers Off Limits
I.B.M. plans to announce Monday that it will not use genetic information in hiring or in determining eligibility for its health care or benefits plans.
Icahn Pressures Time Warner for Changes
Carl C. Icahn, the investor, has increased his stake in Time Warner and is challenging the track record of the company's senior managers and directors.
Study Says Software Makers Supply Tools to Censor Web
A new report raises questions about the use of filtering technologies by autocratic governments bent on controlling what their citizens see on the Web.
Google, Comcast link to invest in AOL
Reuters - Web search engine Google Inc. and
cable company Comcast Corp. are in discussions to buy a stake
in Time Warner Inc.'s America Online, two sources said, in a
deal reportedly worth as much as $5 billion.
Creditors' Role in Counseling Draws Critics
The new bankruptcy law requires credit counseling, and since agencies rely on funds from lenders, the advice could be biased.
Debtors Throng to Bankruptcy as Clock Ticks
New regulations introduce sweeping changes intended to make it more difficult for consumers to erase their debts.
Waiting for the Petrodollars to Trickle Down
Remember petrodollars, those oil riches that sloshed around the world after the price of crude soared in the 1970's and 1980's? Well, they're back.
An Announcement Monday Passes the Torch at the House of Luce
Norman Pearlstine, the editor in chief of Time Inc., is to announce that John Huey will succeed him on Jan. 1.
Refco Sells Futures Unit and Seeks Bankruptcy Protection
Refco Inc., the giant commodities trading house, sold its futures brokerage business to an investor group and filed for bankruptcy protection.
A Profit at Wells Fargo
By Reuters.
Repeated Defect in Heart Devices Exposes a History of Problems
The F.D.A.'s loose oversight of the heart-device industry has resulted in calls for change in companies and physicians.
Fox Hopes White Sox Are the New Red Sox
Will the White Sox' quest to win their first World Series in 88 years prove anywhere near as compelling as the Red Sox' curse-quashing was last year?
Oilman Indicted Over Kickbacks to Saddam Hussein's Regime
Oscar S. Wyatt Jr. was indicted on charges that he paid millions of dollars to the regime to sell Iraqi oil under a U.N. program.
Unisys overbilled US Government: report
Reuters - Unisys Corp. overbilled the
U.S. Government on a $1 billion airport technology contract,
the Washington Post reported on Saturday.
Pharmacies Endorse Crackdown on Fraud
Late last month, federal drug investigators shut down 4,600 illegal Internet pharmacy sites and arrested 18 people who ran them.
Oil hovers above $60, awaits signals
Reuters - Oil steadied above $60 a barrel on
Tuesday, with traders shifting their attention to the next set
of clues about U.S. oil demand after Hurricane Wilma bypassed
oil and gas fields in the Gulf of Mexico.
As Primedia Falls, Preferred Stock Lives Up to Its Name
Almost no one involved with Primedia, the media company that was started by the leveraged buyout firm Kohlberg, Kravis & Roberts, has found the investment experience to be a profitable one, but public shareholders have done far worse than Kohlberg, Kravis.
Samsung Spurns WPP and Turns to Publicis
After hiring agencies owned by the WPP Group, Samsung Electronics is abruptly moving many worldwide assignments to an agency owned by the Publicis Groupe.
Big Rise in Profit Places Oil Giants on the Defensive
Soaring profits for oil giants are fueling resentments that could lead Congress to impose additional burdens on the industry.
Wal-Mart Doubles Down on Its Investment in Japan
Three years after entering Japan by buying a stake in a supermarket chain, Wal-Mart has yet to make a big splash.
IMF-World Bank in WTO talks plea
IMF and World Bank chiefs call for a 'flexible' approach in the run-up to the new WTO trade talks in December.
E-Commerce Report: Newspaper Ad Circulars Find Their Way Online
Gannett said it would roll out a service on its newspaper Web sites where readers would be shown banner ads that can expand into an online version of weekly local circulars.
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