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Recession Worries Drove Rate Cut, Minutes Show |
Fed policy makers believe the economy will probably contract in the first half of the year, according to the minutes of their meeting.
New York Times -
April 8, 2008
READ THE FULL STORY |
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Document Details Insider Trading Claims at Airbus |
A report by the French stock market watchdog that was leaked to a French news service provided details of the insider trading claims against executives at Airbus and EADS.
New York Times -
April 8, 2008 |
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7 Charged With Illegal Trading on Nymex |
A former board member of the New York Mercantile Exchange was among seven charged in an investigation of illegal trading at the exchange, authorities said.
New York Times -
April 8, 2008 |
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Stocks Fall After Earnings Reports and Fed Minutes |
Wall Street retreated after Alcoa and A.M.D. issued disappointing reports and the Federal Reserve voiced concerns about the slumping economy.
New York Times -
April 8, 2008 |
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Rising Rents Force Older Businesses to New Sites |
Brokers say that many locally owned stores, squeezed between big national chains and foreign retailers, are finding that the only way to stay afloat in Manhattan is at a new site.
New York Times -
April 8, 2008 |
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Russia Close to Privatizing Huge Electricity Producer |
A plan to privatize the world?s largest electricity company is entering the home stretch, successfully it seems, in spite of its complexity and the hostility toward privatization in today?s Russia.
New York Times -
April 8, 2008 |
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2 Companies Plan Gas Pipeline in Alaska |
BP and ConocoPhillips announced plans to jointly develop a multibillion-dollar pipeline to move natural gas to market from the North Slope of Alaska.
New York Times -
April 8, 2008 |
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At Age 17, Ski Resort Has a Troubled Past (and Present) |
Behind the sunset-colored facade of the Peaks Resort, the largest hotel in the tony ski enclave of Telluride, Colo., is a tangled tale of a hotel that couldn?t shoot straight.
New York Times -
April 8, 2008 |
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Morgan Stanley Chairman Wins Re-Election |
John J. Mack, facing down an investor campaign to unseat him as the chairman of Morgan Stanley, was re-elected by an overwhelming margin on Tuesday.
New York Times -
April 8, 2008 |
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Phillies 5, Mets 2: New Season, Same Old Routine in Mets? Loss |
The Phillies spoiled the final home opener at Shea Stadium by scoring five runs after the sixth inning to defeat the Mets for the ninth consecutive time.
New York Times -
April 8, 2008 |
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Senate Moves Forward on Housing Aid Bill |
The Senate voted to proceed with legislation aimed at easing problems in the housing market.
New York Times -
April 8, 2008 |
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American Canceling More Flights for Inspection |
Following Federal Aviation Administration audits, American Airlines said it was canceling as many as 500 flights to inspect wire bundles on its MD-80 planes.
New York Times -
April 8, 2008 |
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Former Corporate Executive to Run Red Cross |
Gail J. McGovern, formerly of AT&T; and Fidelity Investments, will take over the battered organization.
New York Times -
April 8, 2008 |
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Hearings Rife With Political Overtones |
Three would-be presidents swooped in from the campaign trail to question Gen. David H. Petraeus.
New York Times -
April 8, 2008 |
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Unrest in Kenya as Peace Plan Falters |
Riots erupted as opposition leaders announced that they were suspending talks with the government over a power sharing deal.
New York Times -
April 8, 2008 |
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General Urges 45-Day Halt in Withdrawal of Troops in Iraq |
Gen. David H. Petraeus, the senior U.S. commander in Iraq, warned Congress that progress there was ?fragile and reversible.?
New York Times -
April 8, 2008 |
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