Financial news on August 4th, 2007

Business and Financial news
A Family’s Benign Neglect at Dow Jones

Some Bancrofts didn’t think that their family’s ownership of Dow Jones was ever going to be in the best interest of the company. Read more..

By JOE NOCERA - The New York Times

As the Vision Fades, the Indignities Grow

Baby boomers are now groping for reading glasses to peruse menus in dim restaurants and to review the tiny instructions on medicine bottles. Read more..

By KATIE HAFNER - The New York Times

Cheers and Boos as Wikipedians See Themselves on Film

The party Saturday night in downtown Taipei for the Wikipedians assembled for the annual Wikimania gathering briefly had the feel of a midnight showing of “The Rocky Horror Picture Show,” as the documentary maker Nic Hill showed a trailer and some clips from “Truth in Numbers: The Wikipedia Story.” Read more..

By NOAM COHEN - The New York Times

Jobs Growth Slid in July, Echoing Drift

The job market lost some of its punch in July as employers added 92,000 jobs — the fewest in five months — and unemployment edged up to 4.6 percent. Read more..

By JEREMY W. PETERS - The New York Times

Limits Sought on Use of Surplus U.S. Ships

A Senate committee approved an amendment to the Coast Guard reauthorization bill that would restrict how private owners could use surplus ships obtained from the government. Read more..

By ANDREW W. LAREN - The New York Times

Managers See Basics as a Buy in Risky Times

Portfolio managers are seeking out companies that are less sensitive to changing economic conditions and the whims of investment fashion. Read more..

By CONRAD DE AENLLE - The New York Times

Markets Fall as Lender Woes Keep Mounting

Stocks tumbled on fears that worsening ills in the mortgage and debt markets could soon take a significant toll on the overall economy. Read more..

By VIKAS BAJAJ - The New York Times

So Long to the Analog Era; Home Movies Reborn on DVD

There are a variety of ways to transfer old home videos to DVD. Read more..

By ALINA TUGEND - The New York Times

Stock Market Cycles

James B. Stewart writes in Smart Money that the stock market bubble is about to burst. Read more..

By PAUL B. BROWN - The New York Times

Toyota Says Quarterly Profit Jumped 32%

Toyota reported a 32 percent rise in second-quarter profits and strong sales in North America as the company seeks to widen its lead over G.M. as the world’s largest automaker. Read more..

By MARTIN FACKLER - The New York Times

See what else happened on August 4th, 2007