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After 2 Departures, Black Executives Ask: Is There Room at the Top?
The departures of E. Stanley O?Neal and Richard D. Parsons have started a debate over whether they broke down barriers for younger black executives who seek the corner office.
Writers Set to Strike, Threatening Hollywood
Movie and television writers declared that they would embark on a strike for the first time since 1988.
Payrolls in October grow by 166,000
AP - Employers added twice as many new jobs to their ranks than expected in October, an encouraging sign that the nation's employment climate is not cracking under the stress of a deepening housing slump.
Ex-Treasury Chief to Fill In at Citigroup
Citigroup?s board is highly likely to name Robert E. Rubin, the former Treasury secretary, as its interim chairman, according to a person briefed on the situation.
Writers Begin Strike as Talks Go On
A strike by Hollywood writers began in New York just after midnight Monday, even as negotiators continued talks toward a new contract under the eye of a federal mediator.
Waning Support Led to Ouster of Citigroup Chief
The end game of Charles O. Prince III ?s career at Citigroup probably began with a flight to Saudi Arabia last week by the firm?s former chairman, Sanford I. Weill.
For Citigroup?s New Head, Focus Is Subprime Tangle
Robert E. Rubin, who was named Citigroup?s chairman after the departure of Charles O. Prince III, has moved quickly to deal with the turmoil that has engulfed the banking giant.
Markets and Dollar Sink as Slowdown Fear Increases
Stock markets plummeted and the dollar sank as investors grew skittish over rising oil prices and the prospect of a substantial U.S. economic slowdown.
Merck Agrees to Settle Vioxx Suits for $4.85 Billion
Merck has agreed to settle 27,000 lawsuits by people who claim they or their family members suffered injury or died after taking the pain medication.
Note to N.F.L.: High Prices Cut Demand
The battle between the N.F.L. and cable television providers heats up as the N.F.L. turns to the F.C.C. to try to get its way.
Emirates holds answer to $20 bln question
Reuters - The $20 billion question as the Dubai
Air Show gears up to open on Sunday is which planemaker will
land an expected order from airline Emirates for up
to 100 mid-sized planes.
A Heart Stent Gets a Reprieve From Doctors
Many doctors now say that the medical community overreacted to questions about drug-coated heart stents.
Investment Firm Names Gore as a Partner
The position at Kleiner Perkins Caufield & Byers will provide former Vice President Al Gore with an opportunity to nurture green businesses.
Bush, Confident on Economy, Vetoes Domestic Spending Bill
Even in the darkest times, President Bush has been able to draw hope from the almost uncanny ability of the American economy to endure shock after shock.
The Firm With a Shadow That Extends Far Past Wall St.
For decades, Goldman Sachs has churned out a golden list of corporate executives and statesmen, wealthy financiers and nonprofit managers.
Court rebukes Bush fuel economy plan
AP - A federal appeals court sharply rejected the Bush administration's new pollution standards for most sport utility vehicles, pickup trucks and vans and ordered regulators Thursday to draft a new plan that's tougher on auto emissions.
Shopping Bargains Before the First Bite of Turkey
For all the dour predictions, Americans will still mob the malls this holiday shopping season in search of the right gift at the right price. Here?s a guide to five likely trends.
G20 countries wrap up talks on forex and stability
Reuters - Finance chiefs from the
G20 economic powers end two days of talks on the global economy
on Sunday as a sinking U.S. dollar, a painful credit crunch and
soaring oil prices threaten stability.
E-Commerce Report: Retailers Explore New Ways of Being Paid
Several high-end Web retailers are introducing promotions with PayPal, hoping to attract consumers willing try methods other than credit cards to pay for online purchases.
New Worries About Credit Drive Down Stock Markets
An analyst?s downgrading of Citigroup to ?sell? hit a raw nerve among investors and sent the Dow tumbling more than 218 points.
BlackRock Is Likely to Lead Banks? Safety Net Fund
The big investment firm is expected to be the main asset manager for a $75 billion fund being created by three large banks to help shore up the market for asset-backed securities.
Nissan Issues a Recall for Altimas and Sentras
Nissan said on Thursday that it would recall 713,986 Altima and Sentra cars in North America, mostly in the U.S., because their engines may suddenly stop running.
In God's Name: Megachurches Add Local Economy to Their Mission
The business interests of America?s megachurches include basketball schools, aviation subsidiaries and investment partnerships.
Loss of Tax Data Rocks British Government
Opinion polls taken after the government on Wednesday announced the loss of the computer data suggested slumping support for Prime Minister Gordon Brown.
Market Maker: The Store Is Jumpin?. The Stock Isn?t.
One classic bit of investor folklore ? the retailer you discover at the mall whose stock ends up going through the roof ? may no longer be helpful.
Dueling Guitars in Gameland: MTV and Activision Face Off
One of the most watched rivalries in the video game business is between two games that put players in the role of rock musicians.
One Holiday Down, More Headaches to Go
Welcome to the tail end of the Thanksgiving travel period: All it took was a little bad weather to choke up the flight travel system nationwide.
Pro Bono Efforts Follow Targets to the Web
The Advertising Council, which coordinates public-service initiatives for Madison Avenue, is changing its approach to better reflect changing media-consumption patterns of the audience it is trying to reach.
Like Marriage, Business Takes Work
For some business partners, help for a struggling relationship can come from a variation on the couple?s counselor: the business therapist.
Hedge Fund to Nominate Four for Brink?s Board
Millbrook Capital, the activist hedge fund seeking a breakup or sale of the Brink?s Company, is expected to announce its four nominees for directors of the security company.
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