Financial news on October 09, 2010

Business and Financial news
A Double Standard at H.P.

Hewlett-Packard’s board, which ousted its former chief executives for ethical lapses, may have ignored an ethical issue involving its new chief executive. Read more..

By JOE NOCERA - The New York Times

After Foreclosure, a Focus on Title Insurance

Title insurance might feel like a tax during the home-buying process, but the questions now surrounding foreclosures have made its importance crystal-clear. Read more..

By RON LIEBER - The New York Times

Apple Plans to Offer iPhone on Verizon

After more than three years of using AT&T networks, Apple is said to be making an iPhone 4 for Verizon. Read more..

By MIGUEL HELFT - The New York Times

China Central Bank’s Chief Backs Gradual Rise in Currency

Zhou Xiaochuan, the governor of the People’s Bank of China, said that China “needs a market-based exchange-rate regime” but “in a gradual way rather than shock therapy.” Read more..

By SEWELL CHAN - The New York Times

Chinese Leader Denies Using Mineral Exports for Political Ends

Prime Minister Wen Jiabao denied imposing bans on exports of industrial minerals for political purposes. Read more..

By EDWARD WONG and KEITH BRADSHER - The New York Times

Flying Fewer Planes, Airlines Find Stability

The scaling back in flights reflects a more timid — and perhaps chastened — industry than in previous decades. Read more..

By JAD MOUAWAD - The New York Times

Largest U.S. Bank Halts Foreclosures in All States

The action by Bank of America is likely to increase pressure on lenders to declare their own moratoriums. Read more..

By DAVID STREITFELD and NELSON D. SCHWARTZ - The New York Times

Public Jobs Drop Amid Slowdown in Private Hiring

The United States economy lost 95,000 nonfarm jobs in September, the result of a decline in government jobs at all levels. Read more..

By CATHERINE RAMPELL - The New York Times

Regulators Seek Curbs for Bank Bonuses in Europe

Draft guidelines say bankers should not receive more than half of their bonuses in cash. Read more..

By JULIA WERDIGIER - The New York Times

U.A.E. Halts Plan to Ban BlackBerry

The United Arab Emirates said it had reached an agreement with the device’s maker, Research In Motion. Read more..

By BETTINA WASSENER - The New York Times

See what else happened on October 09, 2010