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U.S. to Review Diet Treatment Once Rejected
Written on 17 Feb, 2012 at 9:15 in Business | viewed times and users have made 0 comments so far
LOS OSOS, Calif. — Next week, advisers to the Food and Drug Administration will recommend whether the agency should approve the first new prescription diet pill in 13 years. The F.D.A. rejected the drug under review, Qnexa, in 2010, amid... (Continue reading)
Europe Weighs Tough Law on Online Privacy
Written on 24 Jan, 2012 at 3:29 in Business | viewed times and users have made 0 comments so far
SAN FRANCISCO — Europe is considering a sweeping new law that would force Internet companies like Amazon.com and Facebook to obtain explicit consent from consumers about the use of their personal data, delete that data forever at the consumer’s request... (Continue reading)
New Normal on Wall Street: Smaller and Restrained
Written on 20 Jan, 2012 at 4:16 in Business | viewed times and users have made 0 comments so far
With firms like Goldman Sachs and Morgan Stanley reporting weak results for last year, Wall Street is having to confront doubts about itself. Is this a temporary slump? Or will the moneymakers never get to go back to their high-rolling... (Continue reading)
For 2012, Signs Point to Tepid Consumer Spending
Written on 3 Jan, 2012 at 7:08 in Business, Latest | viewed times and users have made 0 comments so far
As the weak economy has trudged on, they have leaned on credit cards to pay for holiday gifts, many bought at discounts. They are dipping into savings to cover spikes in gas, food and rent. They are substituting domestic vacations... (Continue reading)
In Speaking for TLC, the Least Said Is Best
Written on 2 Jan, 2012 at 4:02 in Business | viewed times and users have made 0 comments so far
Every public relations executive has to manage a crisis from time to time. But in the last few years, Laurie Goldberg has had a career’s worth. As the top spokeswoman for the cable channel TLC, Ms. Goldberg has handled the... (Continue reading)
Tax Benefits From Options as Windfall for Businesses
Written on 30 Dec, 2011 at 5:04 in Business | viewed times and users have made 0 comments so far
The stock market’s rebound from the financial crisis three years ago has created a potential windfall for hundreds of executives who were granted unusually large packages of stock options shortly after the market collapsed. Now, the corporations that gave those... (Continue reading)
American Firms See Europe Woes as Opportunities
Written on 26 Dec, 2011 at 3:43 in Business | viewed times and users have made 0 comments so far
As Europe struggles with its debt crisis, American businesses and financial firms are swooping in amid the distress, making loans and snapping up assets owned by banks there — from the mortgage on a luxury hotel in Miami Beach to... (Continue reading)
Tsunami Reveals Durability of Nissan’s Leaf
Written on 22 Dec, 2011 at 13:55 in Business | viewed times and users have made 0 comments so far
DETROIT — Nissan inadvertently gained some valuable insight into the durability of its electric car, the Leaf, when about two dozen of them were destroyed in the tsunami that ravaged Japan in March. None of the cars caught fire, and... (Continue reading)
E-Mail Clues in Tracking MF Global Client Funds
Written on 21 Dec, 2011 at 15:54 in Business | viewed times and users have made 0 comments so far
Federal authorities investigating the collapse of MF Global have uncovered e-mails that detail the transfers of money in the firm’s last days, including transfers that contained customer money, according to people close to the investigation. One e-mail chain refers to... (Continue reading)
Wal-Mart Debate Rages in India
Written on 6 Dec, 2011 at 5:31 in Business | viewed times and users have made 0 comments so far
JALANDHAR, India — For multinational merchants like Wal-Mart, it seemed to be the long-awaited opportunity to jump into India with both feet. But on Monday that moment appeared to be delayed once again. Late last month, as part of a... (Continue reading)