Financial news on April 14, 2007

Business and Financial news
Citigroup Adds Hedge Fund and Its Leader

For nearly a year, Charles O. Prince III had been courting a former top Morgan Stanley investment banker. Yesterday, he got his man — Vikram S. Pandit, who will head Citigroup’s alternative investments group. But Mr. Prince may be paying a steep p... Read more..

By ERIC DASH - The New York Times

Combat, With Limits, Looms for Hybrid Aircraft

Critics say the V-22 Osprey’s limitations may make it vulnerable to attack. Read more..

By LESLIE WAYNE - The New York Times

G.E.’s Earnings Increase 2%; High-Cost Products Sell Well

The General Electric Company benefited from robust sales of engines, turbines and other big-ticket items in the first quarter, even as it grappled with problems in its consumer finance, plastics and health care businesses. Read more..

By CLAUDIA H. DEUTSCH - The New York Times

Hip Surgery With a Future

An interim approach to total hip replacement is offering an alternative that still leaves open the possibility of successfully receiving an artificial hip later in life. Read more..

By BARNABY J. FEDER - The New York Times

Questions to Ponder Before Undergoing Surgery

Some questions for people with hip problems to consider in assessing whether they might be candidates for hip resurfacing surgery. Read more..

By BARNABY J. FEDER - The New York Times

Talk of Possible $20 Billion Deal for Sallie Mae Pushes Shares Higher

Shares of Sallie Mae, the nation’s largest lender to college students, surged on the prospects that the company could be bought out in a deal worth more than $20 billion. Read more..

By MICHAEL J. de la MERCED and ANDREW ROSS SORKIN - The New York Times

The 3-Paragraph Job Review

In an article in The Harvard Business Review, the former chairman and chief executive of Allied Signal suggests a new way of doing performance appraisals. Read more..

By PAUL B. BROWN - The New York Times

The Science of Attacking Cholesterol

Fred Hassan, chairman and chief executive of Schering-Plough, discusses how the pharmaceutical industry is tackling the challenge of cholesterol. Read more..

By WILLIAM J. HOLSTEIN - The New York Times

Tools to Keep the Web Safe for Children

In learning about parental controls and filters for the Internet, one first has to learn the language. Read more..

By ALINA TUGEND - The New York Times

Where to Look on the Web

Web sites that can provide useful information in considering what type of artificial hip implant, if any, might fit a patient’s needs. Read more..

By BARNABY J. FEDER - The New York Times

See what else happened on April 14, 2007