Financial news on November 21, 2009

Business and Financial news
An Unsteady Future for Broadcast

Analysts and executives are wondering if the economic model of broadcast television, which is more heavily reliant on advertising than cable, is irreparably broken. Read more..

By TIM ARANGO and BILL CARTER - The New York Times

Experienced in Love and Money

Some advice from those with firsthand experience of divorce may help you avoid the financial pitfalls of a split. Read more..

By RON LIEBER - The New York Times

Ex-Smoker Wins Against Philip Morris

If it survives an appeal, the verdict late Thursday would be the nation’s largest award of damages to an individual suing a tobacco company. Read more..

By DUFF WILSON - The New York Times

From Leader to Laggard in Just Over a Decade

Since 1998, the dollar’s weakness has been a major contributor to the United States stock market’s fall from global grace. Read more..

By FLOYD NORRIS - The New York Times

G.E. and Vivendi Halt Talks Over Stake in NBC

The sides appear to be at least $500 million apart on how to value NBC Universal, which G.E. is hoping to sell to Comcast, the big cable television company. Read more..


‘Lost Decade’ Feared for British Economy

Even as the British economy seems to be improving, some analysts worry that its underlying structural flaws could mean the country won’t be able to sustain its recovery. Read more..

By LANDON THOMAS Jr - International Herald Tribune

Ohio Sues Rating Firms for Losses in Funds

Ohio claims state funds lost $457 million because the rating agencies “departed from their objective, neutral role as arbiters.” Read more..

By DAVID SEGAL - The New York Times

Shares Finish Lower on Doubts About Recovery

Investors are increasingly wondering about the speed of the economy recovery and they are questioning the fast-paced rise of technology stocks. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Wall St. Finds Profits by Reducing Mortgages

Investment funds are buying mortgages, trimming some of them to the benefit of homeowners, and shifting any risk to the federal government. Read more..

By LOUISE STORY - The New York Times

When ‘Customer Service’ Seems Anything But

Sometimes it is hard to remember that the person on the other end of the phone line is not the enemy, but staying calm can help. Read more..

By ALINA TUGEND - The New York Times

See what else happened on November 21, 2009