Financial news on October 13, 2007

Business and Financial news
Justice Dept. Interest in Universal Express May Be Reviving

The Justice Department appears to have taken a renewed interest in the case against Universal Express, a delivery company that has been the target of a civil suit by the S.E.C. since 2004. Read more..

By FLOYD NORRIS - The New York Times

LinkedIn’s Dan Nye Responds to Your Questions

The chief executive of LinkedIn answers questions from users about possible new features and how to get more out of the features the site already has. Read more..

By SAUL HANSELL - The New York Times

Oracle Bids $6.7 Billion for Rival BEA, Whose Officers Say It’s Worth More

BEA Systems, an Oracle rival in the market for corporate software known as middleware, is being pressured to sell by its largest shareholder, the investor Carl C. Icahn. Read more..

By LAURIE J. FLYNN - The New York Times

Pfizer’s Attempt at Financial Clarity Gets Blurred

Pfizer’s most recent compensation report, the basis for an attempt to revamp the format of such reports, is now under S.E.C. review for inadequate disclosure. Read more..

By ERIC DASH - The New York Times

Rate Chasers Are Online and Moving Cash Quickly

Day trading has morphed into rate chasing. The chasers search for the best rates at credit unions and banks, moving cash swiftly from one account to another. Read more..

By JANE BIRNBAUM - The New York Times

Seeing Recruiting as Crucial to Rebuilding H.P.

Mark Hurd, Hewlett-Packard’s chairman and C.E.O., says that focusing on strategy and staff were key to helping the company recover from last year’s spying scandal. Read more..

By WILLIAM J. HOLSTEIN - The New York Times

The Man Who Won as Others Lost

Paul Tudor Jones II, one of Wall Street’s most fabled financial speculators, predicted the 1987 market crash but today is keeping quiet about the market. Read more..

By LANDON THOMAS Jr - The New York Times

The Revolt of the Childless

A growing number of childless workers are complaining about “family friendly” perks that are denied to those without children, and more from business magazines. Read more..

By PAUL B. BROWN - The New York Times

Virgin Group Plans Bid for Venerable British Bank, Now Troubled

The Virgin Group said Friday that it planned to bid with a consortium for Northern Rock, the troubled British bank. Read more..

By JULIA WERDIGIER - The New York Times

What if C.E.O. Pay Is Fair?

Executive pay practices may have helped drive strong corporate performance, but what about the moral element? Read more..

By JOE NOCERA - The New York Times

See what else happened on October 13, 2007