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NYT > Business Day
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| http://www.nytimes.com/pages/business/index.html?partner=rss&emc=rss |
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The charges against DocX, which provided home foreclosure services to lenders across the nation, are one of the few criminal actions to follow reports of widespread improprieties against homeowners.
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Glencore International, the world's biggest commodities trading company, has agreed to buy Xstrata in a deal that would create a company valued at nearly $90 billion.
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As profits and sales slip, some European companies are scrambling to pay their bills, at a time when banks grow increasingly hesitant to lend.
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The largest Swiss bank said fourth-quarter profit slumped as its wealth management unit failed to make up for a loss in investment banking.
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Greek workers walked off the job on Tuesday to protest a new barrage of austerity measures being demanded by the country’s foreign creditors.
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Toyota raised its annual profit forecast Tuesday despite a 13.5 percent decline in the quarter ended in December that followed production cutbacks in the aftermath of Japan’s tsunami.
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The British oil company also reiterated its desire for a "fair and reasonable" settlement ahead of a trial on liability for the 2010 Gulf of Mexico oil spill.
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The two companies will combine to try to give customers more access to video on the Web, and possibly position the new venture as an alternative to Netflix.
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The Wall Street tycoon Sardar Biglari "certainly is a Warren Buffett disciple," an associate said. "The one thing that's quite different is that he's not a guy who's afraid of picking a fight."
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Underpinning the misuse of customer money was a state of utter chaos at the firm, investigators said, as it rushed to sell assets and unwind positions to stay afloat.
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Wolfram Alpha Pro’s creator wants his “computational knowledge engine” to appeal to more than math and science enthusiasts.
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The system, which requires airlines to account for all of their emissions on flights involving European airports, is the Union's boldest move to date to protect the climate.
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The channel would combine resources from ABC News and Univision's news division to take on established players like CNN, MSNBC and Fox News.
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The actions include freezing all property of the Central Bank of Iran, other Iranian financial institutions and the Iranian government in the United States.
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"Active users" add up in Facebook's prospectus, but some of those clicks aren't on the Web site.
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Congressional Republicans are trying to tamper with institutions that won't do their bidding, an economist writes.
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For iPhone and iPad owners looking for software in Apple's App Store, it is easy to be overwhelmed by the hundreds of thousands of available apps. To stand out in the crowd, some app makers have apparently found ways to game the system.
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As airlines come up with ever more ancillary fees, travelers are figuring out creative ways to avoid them.
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Priceline’s “name your own price” feature is not perfect, but its deals on hotel rooms can be worth the effort.
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Michelle DeFeo, executive vice president of Laurent-Perrier Champagne in the United States, actually enjoys going through passport control.
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In rating dozens of spots, there was no consensus in the polls, surveys and analyses of data from social media that poured in this year.
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Dwindling marriage rates are concentrated among the poor -- the very people whose living standards would be most improved by having a second household income.
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Articles in this series are examining challenges posed by increasingly globalized high-tech industries.
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An animated explanation of how banks use securities lending to make a profit, while their customers cover the losses.
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