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Tobacco Industry Tactics Limit Poorer Nations? Smoking Laws
The industry is warning countries that their tobacco laws violate an expanding web of treaties, raising the prospect of costly, prolonged legal battles.
Fri, 13 Dec 2013 05:06:09 GMT
DealBook: The Fevered Jungle of Wall Street Receives Visitors From Colder Climes
Executives of the Blackstone Group and a crowd of kindergartners met eight animals from Sea World, a theme park Blackstone took public.
Fri, 13 Dec 2013 02:57:17 GMT
DealBook: Bank of America to Pay $131.8 Million Penalty in Mortgage Deals
The settlement stems from a S.E.C. inquiry into two complex mortgage securities that the bank?s Merrill Lynch division sold before the financial crisis.
Fri, 13 Dec 2013 02:50:31 GMT
DealBook: Malone?s Liberty Global Bids for Rest of Dutch Cable Operator
Ziggo, the largest provider of cable television services in the Netherlands, rejected a previous approach in October from Liberty Global.
Fri, 13 Dec 2013 02:43:15 GMT
DealBook: $25 Million in Financing for Coinbase
A San Francisco company, Coinbase, has raised $25 million from some prominent venture capitalists in the largest-ever fund-raising round for a Bitcoin company.
Fri, 13 Dec 2013 02:37:19 GMT
Bits: Instagram Introduces Private Messaging
Instagram Direct would let users send private photos and videos to their friends.
Fri, 13 Dec 2013 02:33:23 GMT
DealBook: Strong Debut for Shares of Hilton and Aramark
Shares in the hotelier Hilton Worldwide and the cafeteria operator Aramark Holdings Corporation were up substantially on their first day of trading.
Fri, 13 Dec 2013 02:30:59 GMT
U.S. Agencies Dance Around Cellphone Use Aloft
The Transportation Department is considering whether allowing in-flight voice calls is fair to consumers.
Fri, 13 Dec 2013 01:48:28 GMT
A Stream of Music, Not Revenue
Streaming services like Spotify, Pandora and Apple?s new iTunes Radio have become the latest hope for the troubled music business.
Fri, 13 Dec 2013 01:18:38 GMT
Advertising: A Message That Tries to Blend In
Hennessy is combining a traditional campaign in Vanity Fair with so-called native advertising, ads made to look like the magazine?s editorial content.
Fri, 13 Dec 2013 00:56:19 GMT
Kosovo Attains Status (on Facebook) It Has Sought for Years: Nation
Kosovars can now register Kosovo as their home country on Facebook. Their leaders fought hard for what they see as a validation of sovereignty.
Fri, 13 Dec 2013 00:41:15 GMT
Energy Department to Give $226 Million to Support Nuclear Reactor Design
The award is the second of two under a $452 million, multiyear program to assist in the development of ?small modular reactors,? which would be built in American factories, potentially improving quality and cutting costs.
Thu, 12 Dec 2013 23:40:01 GMT
Lululemon Posts a Profit, but Lowers Yearly Forecast
The company, which announced a management shake-up this week, said it expected flat sales in the fourth quarter, sending its shares plunging.
Thu, 12 Dec 2013 23:36:12 GMT
Investment From China May Be Near for Peugeot
PSA Peugeot Citroën says negotiations with Dongfeng Motor could lead to a capital increase.
Thu, 12 Dec 2013 21:11:17 GMT
High & Low Finance: It?s Hard to Summon Sympathy for Big Banks
Big banks have gone from being viewed as national champions ? proof of a country?s standing in the world ? to being seen as a potential source of national disaster.
Thu, 12 Dec 2013 19:36:04 GMT
Mexico?s Pride, Oil, May Be Opened to Outsiders
Lawmakers are poised to open the oil, gas and electricity industry to private investment, testing the storied grip oil has had on Mexico?s soul.
Thu, 12 Dec 2013 19:03:25 GMT
Experts Eye Oil and Gas Industry as Quakes Shake Oklahoma
Oklahoma has never been known as earthquake country, with a yearly average of about 50, most minor. But in the past three years, the state has had thousands of quakes.
Thu, 12 Dec 2013 18:41:54 GMT
DealBook: Shares in Chinese ?Bad Bank? Surge in Hong Kong Debut
Shares in state-run China Cinda Asset Management, which buys bad loans from Chinese banks, rose as much as 33 percent on their trading debut on Thursday.
Thu, 12 Dec 2013 15:15:18 GMT
DealBook: Former Banker at Morgan Stanley in Hong Kong to Pay Restitution to Investors
A Hong Kong court imposed the $3 million civil penalty on Du Jun, who is already serving a jail term for insider trading.
Thu, 12 Dec 2013 15:02:31 GMT
DealBook: Sumitomo Mitsui in $1.1 Billion Deal for U.S. Rail Car Leasing Business
Perella Weinberg Partners sells its Chicago-based rail car leasing business, once owned by A.I.G., to Sumitomo Mitsui Banking Corporation of Japan.
Thu, 12 Dec 2013 14:37:41 GMT
The Trade: Soothing Words on ?Too Big to Fail,? but With Little Meaning
Jacob J. Lew, the Treasury secretary, said Dodd-Frank made the financial system safer, but simply asserting it does not make it so, Jesse Eisinger of ProPublica writes.
Thu, 12 Dec 2013 14:22:08 GMT
DealBook: Manchester United Faces Doubter in the Market
The British hedge fund manager Crispin Odey is making a multimillion-dollar bet that the soccer club?s New York-listed shares will fall.
Thu, 12 Dec 2013 14:15:35 GMT
DealBook: JPMorgan Plans to Unveil a Program for Job Skills
The five-year, $250 million initiative is focused on filling the skills gaps in some of the largest United States and European job markets.
Thu, 12 Dec 2013 14:06:15 GMT
Lululemon Forecasts Flat Same-Store Sales for 4th Quarter
The forecast sent shares sharply lower even as the Canadian yoga apparel chain reported third-quarter earnings that beat expectations.
Thu, 12 Dec 2013 13:04:35 GMT
Indian Court Lifts Obstacle to Microsoft-Nokia Merger
The Delhi High Court ruled that Nokia would be allowed to transfer a phone factory to Microsoft, even though the plant was seized because of a tax dispute.
Thu, 12 Dec 2013 12:57:40 GMT
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