Financial news on February 3rd, 2007
Business and Financial news
Second-act chief executives bring deep knowledge of their industries and their companies, but may be reluctant to make radical changes. Read more..
Gerald Grinstein, head of Delta, discussed the recent takeover battle and Delta’s future. Read more..
Motorola is learning a cruel new lesson that a phone’s value reflects not so much what it can do, but whether it is the envy of friends. Read more..
At the age of 70, Carl C. Icahn has gone from being a corporate raider to a “shareholder activist.” Read more..
The economy expanded faster than expected in the last quarter of 2006 and remains strong. Read more..
Silicon Valley’s best and brightest organized a concerted, high-tech effort to find a missing Microsoft researcher. Read more..
A new site, Do The Right Thing, allows users to make submissions criticizing industries and companies, which are then voted on by readers. Read more..
The slowdown may signal that the economy is shifting down a notch from its unexpectedly robust pace of growth at the end of last year. Read more..
The setbacks included the resignation of a top official and an announcement that talks on a critical trade dispute had failed to resolve differences. Read more..
Vornado Realty Trust is being pressured to sweeten its counteroffer and pay more of it in cash and less in stock. Read more..