Financial news on December 05, 2009

Business and Financial news
Apple Strikes Deal to Buy the Music Start-Up Lala

In a sign that Apple is looking at alternative ways for people to play digital music, the company has agreed to acquire Lala, a start-up, a person with knowledge of the deal said. Read more..

By BRAD STONE - The New York Times

At Auction in Paris: Fine Wines and History

Hurt by the recession, a famed French restaurant founded in 1582 is auctioning off 18,000 bottles of wine and cognac. Read more..

By CHRIS V. NICHOLSON - The New York Times

From Pocket to Stage, Music in the Key of iPhone

The Stanford Mobile Phone Orchestra pushes the frontiers of computer music using iPhones as instruments. Read more..

By CLAIRE CAIN MILLER and MIGUEL HELFT - The New York Times

Knowing What’s Worth Paying For in Vitamins

Vitamin sales in the United States are expected to grow 8 percent this year to $9.2 billion, according to Nutrition Business Journal. Read more..

By LESLEY ALDERMAN - The New York Times

Microsoft Decision Brings It Closer to Settling Case

To appease regulators and rival browser makers in Europe, the company says it will change the display of a ballot screen. Read more..

By KEVIN J. O'BRIEN - The New York Times

Questioning a $30,000-a-Month Cancer Drug

Experts question the value of the expensive lymphoma drug Folotyn, which shrinks tumors but has not been shown to prolong lives. Read more..

By ANDREW POLLACK - The New York Times

Surprising Jobs Report Gives the Dollar a Boost

After surging more than 1 percent on a better-than-expected jobs report, shares on Wall Street fell back. Read more..

By JAVIER C. HERNANDEZ and DAVID JOLLY - The New York Times

The Development of a Cancer Drug

Folotyn is an improved form of methotrexate, a decades-old chemotherapy drug that by itself does not appear to be effective against peripheral T-cell lymphoma. Read more..

By ANDREW POLLACK - The New York Times

The Jobless Rate May Have Hit Its Peak

The monthly survey by the Institute for Supply Management suggests that the 10.2 percent unemployment rate in October was the peak. Read more..

By FLOYD NORRIS - The New York Times

See what else happened on December 05, 2009