Financial news on February 16th, 2008
Business and Financial news
But the chain, which is the nation’s largest consumer electronics retailer, said it would keep investing in new stores, including as many as 25 in China. Read more..
“Bundling” sounds sweet, doesn’t it? Like swaddling a baby. But don’t let it fool you — the communications version of it is not such a simple pleasure. Read more..
Proponents of the idea say such a step could restore confidence in the financial markets broadly, and specifically in the $2.6 trillion municipal bond market. Read more..
Exports in January rose 26.7 percent, to $109.7 billion, while imports grew by 27.6 percent, to $90.2 billion, according to the official Xinhua news agency. Read more..
Fidelity Investments is welcoming new shareholders into its venerable Magellan fund after shutting them out for a decade. But, should you accept the invitation? Read more..
The Food and Drug Administration’s proposed rules would allow drug and device makers to provide doctors with medical journal articles about product uses that have not been approved by the F.D.A. Read more..
A lawyer representing Société Générale shareholders asked judges on Friday to interview a supervisor of Jérôme Kerviel to try to determine when his superiors were first alerted to his actions. Read more..
Herbert Hainer, the chief executive of Adidas, says his company is using major athletic events like the Super Bowl and the Summer Olympics in its battle to catch up with and surpass Nike. Read more..
Fat paychecks, pensions and health insurance are not enough to recruit and keep employees these days. Read more..