Financial news on September 02, 2006

Business and Financial news
10 Brands to Freshen, Plus Linens

The chairman, president and chief executive of the hotel company Wyndham Worldwide spoke about the prospects of 10 lodging brands competing in a thriving market. Read more..

By JANE L. LEVERE - The New York Times

A Swoon in Autumn, With Asterisks

More cautious market watchers may not expect an imminent decline, but they express doubts about what lies beyond the next several months. Read more..

By CONRAD de AENLLE - The New York Times

Former Enron Executive Seeks to Withdraw His Guilty Plea

Christopher F. Calger, a former vice president said his guilty plea should be withdrawn because he did what his supervisors asked him to do for Enron’s benefit. Read more..

By BLOOMBERG NEWS - The New York Times

I.M.F. Board Supports Giving China and 3 Others Bigger Voices on Policy

The move was in response to appeals by the United States to give greater voting share to fast-growing countries. Read more..

By STEVEN R. WEISMAN - The New York Times

It’s My Idea, and I’ll Pay You for It

The magazine Business 2.0 offers a rundown of invention ideas from venture capitalists and the amounts they are offering for people willing to carry out their ideas. Read more..

By DAN MITCHELL - The New York Times

Jobs and Wages Increased Modestly Last Month

Job growth is reaching its peak, confirming that economic activity is slowing to a more sustainable rate. Read more..

By EDUARDO PORTER - The New York Times

Sales Are Off at Ford and Chrysler, but G.M. Reports a Modest Gain

Sales at Ford fell for the seventh consecutive month while General Motors gained market share but announced that it would cut production 12 percent in the fourth quarter. Read more..

By NICK BUNKLEY - The New York Times

The Odd Recovery: Unemployment Is Low and So Is Employment

The low unemployment rate has come about despite a slow rate of job creation. Read more..

By FLOYD NORRIS - The New York Times

Where Detroit Pins Its Hopes

Detroit companies are counting on the crossover, a vehicle that looks like an S.U.V. but is built on the underpinnings of a car, to fill the sales void left by S.U.V.’s. Read more..

By MICHELINE MAYNARD - The New York Times

Would Ruth Have Left New Orleans?

Ruth’s Chris Steak House was the first company to abandon New Orleans after Hurricane Katrina. Ever since, some have wondered if Ruth Fertel, the company’s founder, would have done the same. Read more..

By JOE NOCERA - The New York Times

See what else happened on September 02, 2006