The founder, Timothy Barakett, said that his partner would continue to run a third fund. Read more..

By THE NEW YORK TIMES - The New York Times

Worried about seeming ostentatious, major businesses that entertain clients do so very quietly. Read more..

By LESLIE WAYNE - The New York Times

Developers in New Jersey are finding desirable retail tenants for their residential projects. And given the economic slump, retailers are able to drive a harder bargain. Read more..

By ANTOINETTE MARTIN - The New York Times

The economy declined 10.9 percent in the second quarter compared with a year ago, but it grew 7.5 percent compared with the first quarter. Read more..

By ANDREW E. KRAMER - The New York Times

Judge William J. Zloch denied a request to delay sentencing of Bradley Birkenfeld, who admitted helping American clients of UBS evade taxes. Read more..

By BLOOMBERG NEWS - The New York Times

Frank DiPascali, a longtime employee of Bernard L. Madoff, pleaded guilty to his role in the Ponzi scheme. Read more..

By JACK HEALY and DIANA B. HENRIQUES - The New York Times

Two giant rivals team up to try to fend off competitive threats from the likes of Google and Apple. Read more..

By STEVE LOHR - The New York Times

Because employers slashed payrolls already, their lower expenses may allow them to cut fewer workers. Read more..

By BLOOMBERG NEWS - The New York Times

The decision was seen as a victory for the United States at a time when China is being perceived as increasingly nationalistic in its trade policies. Read more..

By KEITH BRADSHER - The New York Times

SABMiller of London will double production capacity at its Zambian operations this year after spending $100 million over two years refurbishing its plants in the country. Read more..

By BLOOMBERG NEWS - The New York Times