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CompareCC News Archive Listing for Business during 2006-09.
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[TS] If Boomers Have It All, What’s Left?
 
Baby boomers may be known as the generation that took it all, leaving their successors to take on the risks they did not have to accept for themselves.
Five Days: It’s Their Holiday, but Wage Earners Aren’t Happy
 
Three opinion polls found deep pessimism among American workers, with most saying that their wages were not keeping pace with inflation.
Eurozone data to show gain in wholesale prices, decline in sales
 
AFP - Eurozone indicators to be released in the coming week are expected to show an increase in July wholesale prices and a slide in retail sales, as well as stronger industrial output in the bloc's largest economy, Germany, economists said.
Farms’ Output Grows Closer to Matching Fishing Harvests
 
Fish farms are close to matching fishing fleets in supplying seafood to global markets but both sources are unlikely to keep up with demand fueled by rising populations and incomes.
Drug Piracy: A Wave of Counterfeit Medicines Washes Over Russia
 
Counterfeit prescription drugs are proliferating in Russia and elsewhere, according to the industry and the Food and Drug Administration.
Another Split at Viacom
 
Viacom’s chairman forced out his top executive, Tom Freston, reasserting his control over the media giant he built over decades.
Nasdaq Is Planning to Start an Options Exchange in 2007
 
Nasdaq will start an options exchange to capitalize on a growing market whose competitors and structure are rapidly changing.
City Ad Firms Agree to Hire More Black Managers
 
Under the agreements, the agencies have agreed to submit to three years of monitoring by New York City.
Off The Charts: Measuring National Economies by the Arm’s Length
 
The I.M.F. announced that it created a new “financial index” for countries, measuring the degree to which they are more “arms length” or “relationship based” when it comes to transactions.
Tough US-Korea trade talks end in disappointment
 
Reuters - U.S. and South Korean officials expressed disappointment on Saturday at the progress made during four days of tough trade negotiations aimed at clinching a proposed free trade agreement between the two countries.
Hewlett-Packard Is Still Pondering Chairwoman’s Fate
 
A person with knowledge of Sunday’s Hewlett-Packard board meeting said there is a strong chance that Patricia C. Dunn will be forced to resign.
Chevron Could Avoid Huge Royalties on New Field
 
A group of companies led by Chevron could avoid more than $1 billion in royalty payments to the federal government.
Flat-Panel TV Sales Help Best Buy’s Profit
 
By Reuters.
Philanthropy Google’s Way: Not the Usual
 
Unlike most charities, Google’s new philanthropy will be for-profit, a move that could greatly increase its range and flexibility.
Document Could Alter KPMG Case
 
An I.R.S. document indicates that KPMG did not have to register questionable tax shelters, undermining a major claim in the case against 18 former tax professionals.
A Milk War Over More Than Price
 
As Wal-Mart rolls out its own brand of organic milk, critics worry that consumers will be getting just a diluted form of organic milk.
Wrangling over voting power overshadows IMF talks
 
Reuters - Squabbling over voting clout soured the International Monetary Fund's annual meeting on Sunday as countries lined up to find fault with a plan crafted to reflect a shifting balance of power in the world economy.
Hewlett Review Is Said to Detail Deeper Spying
 
A review found that an investigation of news leaks involved illicit gathering of phone records and direct surveillance of board members and journalists.
A Hedge Fund’s Loss Rattles Nerves
 
Enormous losses at Amaranth Advisors resurrected worries that major bets by hedge funds could create widespread financial disruptions.
H.P. Is Said to Study Infiltrating Newsrooms
 
Hewlett-Packard conducted feasibility studies on planting spies in news bureaus for two major publications as part of its investigation of news leaks.
Suits Say U.S. Impeded Audits for Oil Leases
 
Auditors say the Interior Department suppressed efforts to recover millions from oil companies they said were cheating the government.
Germany’s Merck Buying Biotech Concern
 
The company announced it would take control of Serono, a Swiss pharmaceutical maker, for 10.6 billion euros ($13.5 billion).
Decline in Gas Prices Isn’t Buoying Detroit
 
Few in the automotive industry are betting that the latest drop in gas prices will undo the damage done to Detroit.
Thai rulers to tackle corruption
 
The country's new military leaders set up a special commission to investigate corruption allegations.
Brazilian Mining Company to Buy Inco of Canada
 
Inco, one of Canada’s two largest mining companies, agreed Sunday to be acquired by Companhia Vale do Rio Doce of Brazil for $17 billion.
Redstone Takes a Cut in His Salary
 
Viacom said Sumner M. Redstone was restructuring his pay to more clearly align it with shareholder interest.
Fastow Sentenced to 6 Years
 
The judge said he gave Andrew Fastow a lighter sentence in part because he has been “persecuted” since Enron’s collapse.
News Corp. Buys 2 Groups of Weekly Papers
 
The company broadened its metropolitan-area presence with the acquisition of two newspaper groups serving Queens and Brooklyn.
Hewlett’s Hunt for Leak Became a Game of Clue
 
The company’s sleuths produced an 18-page report that reads at times like a whodunit, at other times like a dissertation.
Hedge Fund With Big Loss Says It Will Close
 
The founder of Amaranth Advisors told investors that it was suspending all redemptions so that the fund could be liquidated.

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