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Updated: 5 min 49 sec ago

DealBook: Royal Bank of Scotland to Cut 1,400 Jobs

Thu, 05/16/2013 - 09:37

The Royal Bank of Scotland said it would eliminate an additional 1,400 jobs as it continued to reduce operations to bolster profitability.

Wall Street Opens Flat After Economic Reports

Thu, 05/16/2013 - 09:23

Stocks were little changed at the open as a rally in Cisco Systems was offset by weak data on the labor and housing markets.

April Housing Starts Plummet From Almost 5-Year High

Thu, 05/16/2013 - 08:44

Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high, but applications to build new homes shows the housing sector could still contribute to the strengthening economic recovery.

Japan’s Economy Growing at 3.5% Annualized Rate

Thu, 05/16/2013 - 08:02

The solid pace of growth serves as early validation for Prime Minister Shinzo Abe’s “three-arrowed” approach to the economy.

The Trade: Why Fund Managers May Be Right About the Fed

Thu, 05/16/2013 - 07:28

What hedge fund investors are expressing should trouble all of us: they have almost no confidence in the Federal Reserve or the economics profession.

DealBook: Tesla Motors’ Bid for Cash May Also Energize Critics

Thu, 05/16/2013 - 07:18

Tesla plans to raise approximately $830 million will help it meet its ambitious goals, but critics say the company has not demonstrated a market for the electric cars it produces.

Low Inflation and Falling Imports Confirm Slump in Euro Zone

Thu, 05/16/2013 - 06:51

New data showed that consumers in the 17-country bloc are not spending and companies are not investing, dampening the prospects for recovery.

E.U. Considers Emission Fines on Chinese and Indian Airlines

Thu, 05/16/2013 - 06:05

Ten carriers are accused of not providing required emissions data and not participating in a system that entitles airlines to emit greenhouse gases in European airspace.

Japan’s Economy Growing at 3.5% Annualized Rate

Wed, 05/15/2013 - 22:01

Exports grew 3.8 percent, pushed higher by strong shipments of cars and other manufactured goods to the United States.

Advertising: Old-Fashioned Flattery From Fierce TV Rivals

Wed, 05/15/2013 - 21:46

In introducing new programs, broadcast networks and cable channels are showing a willingness to imitate their competitors’ successes.

Bucks Blog: RelayRides Suspends Operations in New York

Wed, 05/15/2013 - 21:38

RelayRides has stopped operating in New York after state authorities raised questions about its insurance coverage.

Google Escalates the Competition in Map Services

Wed, 05/15/2013 - 21:27

The new service creates real-time, personalized maps and incorporates 3-dimensional images from inside businesses and from Google Earth.

Acting Chief of I.R.S. Forced Out Over Targeting of Tea Party

Wed, 05/15/2013 - 21:08

The Obama administration stepped up pressure on the Internal Revenue Service and sought to insulate itself from the outcry over the agency’s special scrutiny of conservative groups.

DealBook: Chinese Couple Agree to Pay $3.75 Million in Fraud Case

Wed, 05/15/2013 - 21:07

The S.E.C. said Zou Dejun and Qiu Jianping of Rino International used money from a stock offering to buy a California home.

Melanoma Treatment Harnesses Immune System to Combat Cancer Cells

Wed, 05/15/2013 - 21:01

Researchers reported that a combination of two drugs from Bristol-Myers Squibb appeared to shrink tumors in 41 percent of patients in a small study.

Under Fire, White House Pushes Media Shield Law

Wed, 05/15/2013 - 20:49

The administration is pushing for greater protections for reporters who refuse to identify sources, even as officials face anger over the seizure of Associated Press records.

Inquiry on Potential Oil Price Manipulation Intensifies in Europe

Wed, 05/15/2013 - 20:35

The European Commission is said to have continued to question BP, Royal Dutch Shell and Statoil about their trading activities.

Abercrombie & Fitch Agrees to Bangladesh Factory Safety Plan

Wed, 05/15/2013 - 20:30

Abercrombie & Fitch became the second American company to agree to the legally enforceable plan to improve safety standards in Bangladesh.

After Bangladesh, Seeking New Sources

Wed, 05/15/2013 - 20:24

A search for new locations has taken on greater urgency for Western retailers, whose complex manufacturing needs already shrink the pool of potential locations.