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A.I.G. Failure Would Have Cost Goldman Sachs, Documents Show (Jul-23, 21:44 EDT )-- Goldman had contended that credit insurance it bought from financial institutions would have protected it.
Sanofi Said to Have Approached Genzyme for Deal (Jul-23, 21:35 EDT )-- The French drug maker seeks to bolster its biotechnology offerings by buying Genzyme.
F.D.A. Panel Rejects Plan to Tighten Use of Painkillers (Jul-23, 21:33 EDT )-- Members did not find proposal strong enough to reduce the misuse of prescription narcotics.
U.S. Court Rules Against Tax Deferral Strategy (Jul-23, 21:30 EDT )-- The court ruled that a complex tax strategy represents a sale, and not a lending agreement. Therefore, it cannot be used to defer capital gains taxes.
Strong Economic Data Stokes Optimism in Britain and Germany (Jul-23, 21:29 EDT )-- Britain posted a 1.1 percent increase in its gross domestic product in the second quarter, and German business confidence rose in July.
Condé Nast Hopes to Wean Itself From Ad Revenue (Jul-23, 21:23 EDT )-- The magazine publisher intends to rely less on advertising revenue and more on other sources like subscriptions and fees for online readers.
Doubts Persist as Most Europe Banks Pass Stress Tests (Jul-23, 21:16 EDT )-- The tests found that seven of the region’s 91 largest banks needed to raise more capital, but questions about how the tests were done left some skeptical.
U.S. Stalls in Its Push to Limit Food Ads Aimed at Children (Jul-23, 21:10 EDT )-- An effort to forge tougher advertising standards that favor healthful products has hit divisions among regulators.
Daniel Schorr, Aggressive Journalist, Dies at 93 (Jul-23, 21:10 EDT )-- Mr. Schorr’s aggressive reporting over 70 years brought him into conflict with censors, the Nixon administration and network superiors.
Your Money: A Step Toward More Clarity in 401(k) Fees (Jul-23, 21:00 EDT )-- The fees have long been murky, but new rules from the Labor Department will make the charges a little clearer.
Talking Business: Borrowers Suffer From the Tyranny of the Credit Score (Jul-23, 21:00 EDT )-- Since the financial crisis, a borrower’s FICO score has become the only thing that matters to mortgage underwriters.
E.P.A. Weighs Risks of Hydraulic Fracturing for Natural Gas (Jul-23, 21:00 EDT )-- Pennsylvania residents point to fouled wells, deformed livestock and poisoned fish near natural gas wells that blast underground rock with water and chemicals.
Oil Spill Crews Warily Weigh Threat From Bonnie (Jul-23, 20:51 EDT )-- Ships relaying the sights and sounds from BP's broken oil well stood fast Friday as the leftovers of Tropical Storm Bonnie blew straight for the spill site, threatening to force a full evacuation that would leave engineers clueless about whether a...
Strong Earnings and Europe’s Bank News Lift Stocks (Jul-23, 20:30 EDT )-- Shares staged a relief rally as corporate earnings remained strong and tests of European banks failed to unearth any impending disasters.
Verizon Stays Ahead of AT&T in Wireless Customers (Jul-23, 20:20 EDT )-- Revenue in the second quarter fell, but the company added more contract subscribers and its operating profit was better than expected.
TARP's Pay Czar Slams Bank Executives' Bonuses (Jul-23, 15:40 EDT )-- Kenneth Feinberg said excessive executive payouts that 17 large U.S. banks made while they were on government life support were "ill-advised." Some of the firms guaranteed payments regardless of performance.
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