Financial news on February 3rd, 2007

Business and Financial news
2nd Acts in the Executive Suite

Second-act chief executives bring deep knowledge of their industries and their companies, but may be reluctant to make radical changes. Read more..

By STEVE LOHR and DAMON DARLIN - The New York Times

Bankruptcy. Hostile Bid. What Next?

Gerald Grinstein, head of Delta, discussed the recent takeover battle and Delta’s future. Read more..

By JEFF BAILEY - The New York Times

Cellphone Envy Lays Motorola Low

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..

By BRAD STONE - The New York Times

From Raider to Activist, but Still Icahn

At the age of 70, Carl C. Icahn has gone from being a corporate raider to a “shareholder activist.” Read more..

By JOE NOCERA - The New York Times

Good News on Economy, Except for a Dell Executive

The economy expanded faster than expected in the last quarter of 2006 and remains strong. Read more..

By MARK A. STEIN - The New York Times

Silicon Valley’s High-Tech Hunt for Colleague

Silicon Valley’s best and brightest organized a concerted, high-tech effort to find a missing Microsoft researcher. Read more..

By KATIE HAFNER - The New York Times

Sites for the Socially Conscious

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..

By DAN MITCHELL - The New York Times

Slower Job Growth, at Least for Now

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..


U.S. Trade Effort on China Suffers 2 More Setbacks

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..

By STEVEN R. WEISMAN - The New York Times

Vornado Under Pressure to Sweeten Its Bid for Office Landlord

Vornado Realty Trust is being pressured to sweeten its counteroffer and pay more of it in cash and less in stock. Read more..

By TERRY PRISTIN - The New York Times

See what else happened on February 3rd, 2007