News

A Top Editor Leaving Washington Post

NYT > Business - 42 min 6 sec ago
Passed over for the top job, Philip Bennett decides it is time to leave.

Markets Lower as Automakers Report Sales

NYT > Business - 42 min 6 sec ago
After three sessions of gains that fueled hopes for a January rebound, Wall Street fell as car companies released December sales and oil prices clawed back from five-year lows.

Executives Replaced At Borders As Sales Fall

NYT > Business - 46 min 7 sec ago
The book retailer said that George L. Jones would be succeeded by Ron Marshall, a private equity executive with experience turning around ailing companies.

Microsoft's Muglia Makes Comeback

WSJ.com What's News US - 48 min 11 sec ago
Microsoft promoted Bob Muglia to president of the company's server and tools business, making him one of four divisional presidents.

Itineraries: Help in Hot Spots

NYT > Business - 49 min 3 sec ago
For business travelers facing sudden illness or acts of terrorism, several companies offer help.

U.S. Auto Sales Continue to Skid

WSJ.com What's News US - 1 hour 1 min ago
GM, Toyota and Ford all reported U.S. sales declines of more than 30% for December, capping off a dismal year for the auto industry.

China Criticizes Google and Others on Pornography

NYT > Business - 1 hour 2 min ago
The Ministry of Public Security and six other agencies would work together “to purify the Internet’s cultural environment,” the government said in a statement.

Prosecutors Want Madoff’s Bail Revoked

NYT > Business - 1 hour 2 min ago
The disgraced financier Bernard L. Madoff tried to hide at least $1 million in assets from government investigators, federal prosecutors told a judge Monday.

Panetta Tapped for CIA Director

WSJ.com What's News US - 1 hour 4 min ago
Obama picked Leon Panetta, a former chief of staff under Clinton, to run the CIA. Panetta was a surprise pick with no experience in the intelligence world.

Doctors Will Make Web Calls in Hawaii

NYT > Business - 1 hour 9 min ago
Doctors will be able to make face-to-face Web calls on patients in Hawaii starting Jan. 15.

Borders Overhauls Management

WSJ.com What's News US - 1 hour 11 min ago
Borders appointed a new chief executive, as the books and media retailer struggles with slumping sales and an anemic share price.

Outlook Shifts on U.K. Economic Recovery

WSJ.com What's News US - 1 hour 20 min ago
The U.K. government has quashed what little optimism was left in its outlook for 2009, saying previous predictions that the economy will start to recover in the second half look doubtful.

Meg Whitman Mulls California Run

WSJ.com What's News US - 1 hour 38 min ago
Meg Whitman stepped down from the boards of P&G, eBay and Dreamworks Animation effective Dec. 31. The move is another signal the former eBay chief is seriously considering a run for governor.

McCann to Leave Bank of America

WSJ.com What's News US - 1 hour 45 min ago
Bob McCann, the head of the brokerage force at Merrill Lynch, plans to leave just days after its acquisition by Bank of America was completed.

Bennett to Leave Washington Post

WSJ.com What's News US - 1 hour 49 min ago
Philip Bennett will leave the Washington Post after four years as its second-ranking editor, the latest development in the continuing restructuring of the newspaper.

Democrats Plan an Early Push Against Tobacco

NYT > Business - 1 hour 50 min ago
The measures are those that the Bush administration opposed, vetoed or declined to act upon.

Apple's Jobs Discloses Condition

WSJ.com What's News US - 1 hour 58 min ago
Steve Jobs disclosed that a "hormone imbalance" has been causing him to lose weight. The health of the Apple CEO has been a major concern among investors over the past year.

Banks, Telecoms Lead Stock Slide

WSJ.com What's News US - 2 hours 30 min ago
The Dow industrials fell 81.80 points, or 0.9%, to 8952.89 as economic worries persisted. Verizon and AT&T fell after a downgrade and bank stocks dropped.

Bleak Sales in December Cap a Grim Year for Automakers

NYT > Business - 2 hours 42 min ago
Vehicle sales plunged 53 percent at Chrysler, while G.M., Ford and Toyota all reported declines of between 31 and 37 percent from December a year ago.

LDK Cuts Revenue Expectations

WSJ.com What's News US - 2 hours 44 min ago
LDK Solar drastically cut its expectations for the fourth quarter, citing lower demand as customers delayed shipment requests and a decrease in overall wafer shipments.

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