Financial news on May 17, 2008

Business and Financial news
F. A. O. Schwarz Will Sell Toys in Macy’s Stores

The move is a bold one, given that the fiercely competitive toy market has previously plunged F. A. O. Schwarz into bankruptcy and forced Macy’s to largely stop carrying toys. Read more..

By MICHAEL BARBARO - The New York Times

It’s Not Just Petroleum, All Imports Cost More

For all nonpetroleum imports, prices in April were up 6.2 percent from a year earlier, the fastest rate of gain in almost 20 years. Read more..

By FLOYD NORRIS - The New York Times

See what else happened on May 17, 2008