Financial news on November 06, 2010

Business and Financial news
A Recovery for Wall Street Pay

Bonuses will be up this year, according to an influential study by compensation expert Alan Johnson. His research indicates pay in financial services will increase about 5 percent this year. Read more..

Mac William Bishop - The New York Times

BMW Inaugurates a Factory for Electric Cars

The automaker is committing hundreds of millions of euros as well as its prestige to the as-yet untested market. Read more..

By JACK EWING - International Herald Tribune

Dividends From Fannie and Freddie Surpass Aid

The two mortgage finance companies are still losing money, but their need for federal aid has tapered off. Read more..

By BINYAMIN APPELBAUM - The New York Times

Exploring Trusts for the Disabled

The complexity of special-needs trusts for the future care of disabled family members frightens some families, but the benefits can outweigh the difficulties. Read more..

By PAUL SULLIVAN - The New York Times

HSBC Says Recovery in Emerging Markets Is Weakening

After a strong quarter, the chief executive predicted “some bumps in the road ahead” in developing countries, especially in China. Read more..

By JULIA WERDIGIER - The New York Times

In Construction, Homes Are the Good News

While the pace of residential construction in the United States has stabilized, commercial building has declined and even public projects are flagging. Read more..

By FLOYD NORRIS - The New York Times

Jobs Data Highlights the Challenges for Washington

The report was better than expected, but not strong enough to make a dent in the unemployment rate. Read more..

By CATHERINE RAMPELL - The New York Times

Stepping In for a Parent With Alzheimer’s

Children may have to handle mundane tasks like paying bills, or become immersed in a parent’s financial affairs. Read more..

By TARA SIEGEL BERNARD - The New York Times

To Capitalize on Low Bids, Navy Hopes to Name 2 Winners for Ship Contract

The Navy is hoping lawmakers will be willing to go along with its new plan to buy $8 billion worth of combat ships. Read more..

By CHRISTOPHER DREW - The New York Times

Unyielding, an Oligarch vs. Putin

Mikhail Khodorkovsky has become, in the Putin era, a courageous dissident standing up to an authoritarian regime. Read more..

By JOE NOCERA - The New York Times

See what else happened on November 06, 2010