Financial news on March 13th, 2010

Business and Financial news
Deciding on Care for Elderly Parents in Declining Health

Advice for making an informed decision about supporting an ailing parent without bankrupting the family. Read more..

By LESLEY ALDERMAN - The New York Times

Effort to Widen U.S. Internet Access Sets Up Battle

The 10-year plan would reimagine the nation’s media and technology priorities by establishing high-speed Internet as the country’s dominant communication network. Read more..


Facebook Helps Social Start-Ups Gain Users

Facebook Connect can help nascent Web services recruit a healthy crowd of users in a hurry, and help the users find their friends on those sites. Read more..

By JENNA WORTHAM - The New York Times

Findings on Lehman Take Even Experts by Surprise

The report on the demise of Lehman Brothers is full of exhaustive detail in its nine volumes, acting as a road map for further inquiry into Lehman executives. Read more..

By MICHAEL J. de la MERCED - The New York Times

For the Dishwasher’s Sake, Go Easy on the Detergent

Go easy on the detergent in dishwashers and washing machines, and never clean your oven the day before Thanksgiving. Read more..

By ALINA TUGEND - The New York Times

Increase Expected in Heavy Equipment Sales in China

Komatsu, the Japanese heavy equipment maker, said Friday it expected sales in China to rise by half as the country’s 10 percent growth rate drives demand for resources like coal. Read more..

By BLOOMBERG NEWS - The New York Times

I.R.S. Says Its Audits of Wealthy Are Rising

The federal agency increased its audits of taxpayers who earned $1 million to $5 million by 33 percent in 2009 from 2008. Read more..

By LYNNLEY BROWNING - The New York Times

Netflix Cancels Contest After Concerns Are Raised About Privacy

The movie rental company canceled a competition to improve film recommendations after learning that customers could be identified from data it released. Read more..

By STEVE LOHR - The New York Times

Overdraft Protection: Why Bother?

Many bank customers are having to decide whether to ask for overdraft protection. Most should say no. Read more..

By RON LIEBER - The New York Times

U.S. Retail Sales Rose in February

When car and gas sales were excluded, the gain was 0.9 percent, raising hopes that confidence was growing. Read more..

By JAVIER C. HERNANDEZ - The New York Times

See what else happened on March 13th, 2010