NYT > Business
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Draft on Payday Rules Loses a Provision
source: http://feeds.nytimes.com/click.phdo?i=eed3a1b3304236c66c3128edaf485c65
Senator Bob Corker wants a proposed bank agency to be more lenient toward nonbank companies, but some advocates say that would hurt consumers.


Bank of America Plans to End Overdraft Fees on Debit Card Purchases
source: http://feeds.nytimes.com/click.phdo?i=905f950928e7de14a68870286506d52e
Customers who try to make purchases with their debit cards without enough money in their accounts will simply be declined.


European Leaders Call for Crackdown on Derivatives
source: http://feeds.nytimes.com/click.phdo?i=835f4a760cd91a72a6b1af7e5500156d
The multiple, and at times seemingly conflicted roles, of investment banks like Goldman Sachs have also drawn scrutiny.


Demand for Lithium Is Poised to Take Off
source: http://feeds.nytimes.com/click.phdo?i=ca76baf81ea6e2c8c18c0128c9d7655a
As awareness spreads that lithium is an ingredient for hybrid cars, a hunt is under way for sources of the metal.


Maker Drops Hip Device, Then Warns of Failures
source: http://feeds.nytimes.com/click.phdo?i=81a782a32170720ed44075c84e5f151c
DePuy Orthopaedics alerted doctors to a high early failure rate of its artificial hip after announcing it would phase out the device citing slow sales.


Britain Debates Costs of Free Home Care for Elderly
source: http://feeds.nytimes.com/click.phdo?i=7785201d51355128632a2f276787e23f
Prime Minister Gordon Brown’s plan to provide free care for the growing elderly population faces opposition at a time of record deficits.


China and India to Join Copenhagen Climate Change Accord
source: http://feeds.nytimes.com/click.phdo?i=82fbbffc711f0baca5d3793438e6bc21
The countries are the last two major economic powers to agree with the aims of the nonbinding agreement.


Square Feet: New Airport, Northwest Florida Beaches International, to Open
source: http://feeds.nytimes.com/click.phdo?i=33fb6175a74bd9323915eb48ab67d10b
Backers said Northwest Florida Beaches International would bring new businesses and residents to the Florida Panhandle; critics said it would also bring environmental problems.


As Fed Eases Loan Aid, Policy Challenges Arise
source: http://feeds.nytimes.com/click.phdo?i=19e4a6ad73b083803b5d4b45d60a9809
The Federal Reserve has ended nearly all of the lending programs it created in 2007 to combat the credit crisis, but in the coming months it must decide when and how to tighten monetary policy.


2 Reports of Trouble in Stopping Toyota Priuses
source: http://feeds.nytimes.com/click.phdo?i=5d6c4f2226c5c0b355af368d0e19fecd
Two drivers reported problems with Priuses that they said were not related to a sticking mat.


TV Providers Seek New Federal Rules on Retransmission Rights
source: http://feeds.nytimes.com/click.phdo?i=7efb1413c19e750a3b98e452a23a197d
With a petition to the F.C.C. and a letter to Congressional leaders, cable and satellite providers said the current rules were “broken and in need of repair.”


Square Feet: Landlords Show Tepid Response to Hourly Electricity Rates
source: http://feeds.nytimes.com/click.phdo?i=74e54a9d627159a55e3abcbbaf93c2b0
Only about 100 of 790 buildings that are eligible for hourly prices have opted for the Con Ed service.


Merck and Sanofi-Aventis Combine Animal Health Units
source: http://feeds.nytimes.com/click.phdo?i=e987f1b200502c0c171a66d4e36d6aeb
The combined business would jointly control about 29 percent of the $19 billion-a-year global market for medicines for pets and livestock.


Advertising: ‘Mad Men’ Dolls in Barbie’s World, but Cocktails Stay Behind
source: http://feeds.nytimes.com/click.phdo?i=a706261754ae4dcb6f5853ad7b775cf4
Mattel is planning versions of Barbie and Ken styled after four “Mad Men” characters in a promotion for the television series as well as for Barbie.


MGM Said to Be Considering an Arranged Bankruptcy
source: http://feeds.nytimes.com/click.phdo?i=c18f3e7d998911eb1ea1624b4389465f
In such a move, Metro-Goldwyn-Mayer would be taken over by its creditors in exchange for debt forgiveness, people briefed on the matter said.


China February Exports Jump 45.7 Percent
source: http://feeds.nytimes.com/click.phdo?i=c1f5825b5e99362b9a824629a84a7e2c
BEIJING (AP) -- China's exports rose in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise.


Asia Markets Change Little as China’s Exports Surge
source: http://feeds.nytimes.com/click.phdo?i=5b19abcbcf7a5dbf04707f021ac8a4c9
The region’s major indexes were largely mixed as Chinese exports soared nearly 46 percent in February from a year earlier.


Parliamentary Hurdle Could Thwart Latest Health Care Overhaul Strategy
source: http://feeds.nytimes.com/click.phdo?i=8b520ebb961880fce2ac8aaeaa06f301
As Democrats considered potential maneuvers, business groups announced plans for a campaign to stop the legislation.


LifeLock Settles With F.T.C. Over Deception Charges
source: http://feeds.nytimes.com/click.phdo?i=508f8f97d46bfa1239ba9576c5be6a2d
The company, which claimed it could protect against identify theft, will pay $12 million and change its marketing campaign.


Times Company Appoints Christie as Communications Officer
source: http://feeds.nytimes.com/click.phdo?i=79a2cd8a203e66d8801936f3d9644d11
Robert Christie, who joins the Times Company after seven years with Dow Jones, will fill a position left vacant since August.


Movie Review Leads to Suit Against Variety
source: http://feeds.nytimes.com/click.phdo?i=aad05b3f293dc2103adb97d57a2970da
The complaint accuses Variety of contractual breach, negligence and unfair business practices in connection with the film, “Iron Cross.”


Chevron Plans to Cut 2,000 Jobs
source: http://feeds.nytimes.com/click.phdo?i=30bccb9bf5fb3f92000bba2444b282bb
The oil giant also said that it would sell some of its overseas operations, like the Pembroke refinery in Wales..


Airbus Parent Blames Overruns for 2009 Net Loss
source: http://feeds.nytimes.com/click.phdo?i=5d895044ee67481eb72a13676985cfc3
European Aeronautic Defense and Space said part of its profit plan is to win more American contracts, a strategy some analysts questioned.


Madoff Victims Warned of Fake Web Site
source: http://feeds.nytimes.com/click.phdo?i=377acfffe39fa8c7d6cd3b9929fc7762
The Securities Investor Protection Corporation issued a warning about a group masquerading as another investor protection group in an apparent attempt to lure victims of Bernard L. Madoff.


Facebook Will Allow Users to Share Location
source: http://feeds.nytimes.com/click.phdo?i=890a4a061e9d6e7156a5df9fcdb6b98a
The social networking site plans to roll out features next month that will give its 400 million users the option of sharing their location with friends as part of their news feeds.


Editor Is Fired After Criticizing Chinese Registration System
source: http://feeds.nytimes.com/click.phdo?i=c10e0c2863a6746de907d7d2bf97ebcf
Zhang Hong’s dismissal is a fresh warning that journalists who challenge government policy too directly can face retribution.


After Victory Against Disney, Children’s Group Loses Its Lease
source: http://feeds.nytimes.com/click.phdo?i=29340641fb9435992ad1e0d78adae503
The Campaign for a Commercial-Free Childhood was evicted after pressuring the Walt Disney Company into offering refunds to buyers of its Baby Einstein videos.


F.D.A. Extends Use of Botox in Treating Spasms
source: http://feeds.nytimes.com/click.phdo?i=d2d95ff95461948898e1e2154e25a683
The drug, known for its ability to smooth frown lines, can now be used to treat spasticity in muscles of the elbow, wrist and fingers.


Eurotunnel Eked Out $2 Million Profit in 2009
source: http://feeds.nytimes.com/click.phdo?i=2bb4bb5d99fb328aa18e044a5fd8a02d
Net earnings were down 96 percent as the economy weakened cargo transportation and a breakdown of Eurostar trains disrupted year-end holiday travel.


Kroger’s Sales Rise, but Profit Slips 27%
source: http://feeds.nytimes.com/click.phdo?i=530827c31ba613b71e48993af0f70c5d
The supermarket chain’s profit topped Wall Street’s forecast of 34 cents a share, and its sales were better than the $17.7 billion analysts expected.


Caution Rules as Wall Street Inches Forward
source: http://feeds.nytimes.com/click.phdo?i=3e8915969686a01c898e54c543f1f1bb
Investors remained reluctant to make significant moves without a clear sense of the recovery’s strength.


Reuters Breakingviews: Time to Celebrate? Not in a Big Way
source: http://feeds.nytimes.com/click.phdo?i=e92efd48f5909b6ab2875e21dbb48879
A year has passed since the stock market rally began, but the global economy is still a long way from recovery.


Economic Scene: Wishing for a Health Care Plan That Cuts Costs
source: http://feeds.nytimes.com/click.phdo?i=6c9b6dc94ed4ce048d2b5a12ffa72814
President Obama’s health reform plan is a mixed bag, but it may be the only program passed.


Corner Office: Meridee Moore: I’ll Skip the Private Office
source: http://feeds.nytimes.com/click.phdo?i=896847e7fce3ffdc16339c00f320200c
Meridee A. Moore of Watershed Asset Management, a hedge fund, likes the back-and-forth of working in an open space. Private offices, she says, are lonely.





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