Financial news on February 13th, 2010

Business and Financial news
Airlines Cancel Flights Before Storms Arrive, and E-Mail the Passengers

The airlines’ main goal is to make sure pilots, passengers and planes do not get stuck at snowbound airports. Read more..

By SUSAN STELLIN - The New York Times

China’s Central Bank Hits Brake on Hot Economy

For the second time in less than five weeks, China’s central bank has moved to limit lending, a step that came earlier than most economists had expected. Read more..

By KEITH BRADSHER - The New York Times

China Sees Growth Engine in a Web of Fast Trains

In China, 42 high-speed rail lines have opened or are set to open by 2012; the U.S. hopes to build its first high-speed line by 2014. Read more..

By KEITH BRADSHER - The New York Times

Critics Say Google Invades Privacy With New Service

Google has faced a firestorm of criticism on blogs and Web sites, and it has already been forced to alter some features of Buzz, its new social networking service. Read more..

By MIGUEL HELFT - The New York Times

Equity Firms Acquire Web-Based Training Company

The buyers — Berkshire Partners, Advent International and Bain Capital — will pay $1.1 billion for SkillSoft. Read more..

By THE NEW YORK TIMES - The New York Times

Japan Calls Hummer H3 Fuel-Efficient

Starting this week, Japan’s new, looser fuel-efficiency standards for imported cars will provide a subsidy to buyers of the hulking power machines. Read more..

By HIROKO TABUCHI - The New York Times

Looking for a Date? A Site Suggests You Check the Data

OkCupid uses statistical tools to analyze traffic on its dating site and publishes the insights, such as to look intriguing, not just attractive, in your profile picture. Read more..

By JENNA WORTHAM - The New York Times

Spending Less in a Recession, and Talking About It, Too

In tough times, people are more willing to discuss their finances even though the commiserating can have a downside. Read more..

By ALINA TUGEND - The New York Times

Wall St. Helped to Mask Debt Fueling Europe’s Crisis

Wall Street did not create Europe’s debt problem, but bankers enabled Greece and others to borrow beyond their means, in deals that were perfectly legal. Read more..


Wal-Mart Agrees to Sell Live Nation Tickets

Wal-Mart Stores reached an agreement with Live Nation Entertainment to sell tickets to concerts and other events at about 500 stores. Read more..

By BLOOMBERG NEWS - The New York Times

See what else happened on February 13th, 2010