Financial news on July 08, 2006

Business and Financial news
An Optimistic Japan Appears Set to Resume Charging Interest

It is widely expected that Japan will raise its main interest rate from the level of zero percent that it has maintained for years. Read more..

By FLOYD NORRIS - The New York Times

Big Changes at a Store for Big Sizes

In a nation plagued by obesity, a store called Casual Male Big & Tall would seem to mint money. But the chain's parent company has twice filed for bankruptcy protection. Then David A. Levin, a longtime apparel industry executive, took over in 2002... Read more..

By MICHAEL BARBARO - The New York Times

Impersonator Obtained Shareholder Data

Automatic Data Processing said it gave out lists of shareholders in various companies to an "unauthorized party." Read more..

By BLOOMBERG NEWS - The New York Times

Jobs Data Indicates Economy Is Slowing

Job growth last month was tepid while the unemployment rate was unchanged at 4.6 percent. Read more..

By EDUARDO PORTER - The New York Times

Johnson & Johnson Told to Pay Damages in Pain-Patch Death

Johnson & Johnson must pay $772,500 to the family of a Texas woman who died after a patch intended to release pain-killing drugs leaked. Read more..

By BLOOMBERG NEWS - The New York Times

Lewis Glucksman, Veteran of a Wall St. Battle, Dies at 80

Lewis L. Glucksman engaged in a fierce battle for control of Lehman Brothers Kuhn Loeb in 1983. Read more..

By DIANA B. HENRIQUES - The New York Times

Luis Barragan, 34, Executive Who Updated 1-800-Mattress, Dies

Luis Barragan was responsible for day-to-day operations at 1-800-Mattress, which has annual sales of $170 million. Read more..

By LESLIE WAYNE - The New York Times

Tail Is Wagging the Internet Dog

Moving the economy "from mass markets to millions of niches," Chris Anderson writes, amounts to nothing less than a reordering of society. Read more..

By DAN MITCHELL - The New York Times

The Credit Game Is Getting a Second Scorekeeper

To many consumers the credit score has always been mysterious, and it's about to become even more so. Read more..

By DAMON DARLIN - The New York Times

See what else happened on July 08, 2006