Financial news on May 22, 2010

Business and Financial news
British Airways Posts a Loss but Expects a Break-Even Year

Revenue at the airline, which expects to break even in the current fiscal year, fell 11 percent, and its net loss grew for the year that ended March 31. Read more..

By NICOLA CLARK - The New York Times

Cheap Hat Material

A wide-open puzzle of interest to milliners. Read more..

By PATRICK MERRELL - The New York Times

European Debt Crisis Could Touch A.I.G.

The American International Group had expected the credit-default swaps to be off its books by the end of last year, but billions in exposure remains. Read more..

By MARY WILLIAMS WALSH - The New York Times

Flip-Flops

Order! Order! Today’s puzzle is now in session … with a bit of disorder. Read more..

By PATRICK MERRELL - The New York Times

How the Finance Bill Affects Consumers

The Senate’s version of the overhaul bill could result in more discounts to people who pay in cash. Read more..

By RON LIEBER - The New York Times

In a Land of Cynics and Saps, the Skeptic Is King

Do we trust people too little? Too much? There’s evidence on both sides. Read more..

By ALINA TUGEND - The New York Times

Just Weather, Thanks, Dish Tells Channel

When the Dish Network threatened to drop the Weather Channel this week, it cited too much “weather-tainment.” An even bigger reason appears to be cost. Read more..

By BRIAN STELTER - The New York Times

Lazard Is Hired to Advise G.M. On a Share Sale

The Treasury Department has hired the investment bank Lazard to advise on a potential initial public offering of the government’s stake in General Motors. Read more..

By MICHAEL J. de la MERCED - The New York Times

U.S. Approves Google’s Deal for AdMob

The surprising endorsement by the Federal Trade Commission of Google’s deal for AdMob follows Apple’s purchase of Quattro Wireless, an AdMob rival. Read more..

By BRAD STONE - The New York Times

What Higher Taxes Will Really Mean

There’s much talk about how the coming percentage-point increases in income taxes will affect the wealthy, but let’s look at some real numbers. Read more..

By PAUL SULLIVAN - The New York Times

See what else happened on May 22, 2010